GUANGZHOU, China, Nov. 8, 2024 /PRNewswire/ -- At the 136th Canton Fair's industry trends forum, focused on the development trends of overseas markets for kitchenware and tableware products, the "2024 Overseas Market Trend Report on Kitchenware and Tableware Products" was unveiled, offering an extensive analysis of the current and projected trends within the global kitchenware and tableware industry.
The report underscores China's leading role in exporting steel, ceramic, and glass kitchenware and tableware. With robust production capabilities and cost-effective manufacturing, China holds a significant competitive edge in these sectors. In 2023, China's global export share for steel, ceramic, and glass kitchenware and tableware reached 67%, 66%, and 49%, respectively.
Despite China's dominance, the report highlights a diverse competitive landscape in the global market. European countries such as Germany, France, and Italy continue to exert considerable influence in high-end markets with their exceptional design and quality standards.
On the import front, the United States stands as the largest importer of kitchenware and tableware worldwide. In 2023, the U.S. accounted for 26%, 17%, and 11% of global imports in steel, ceramic, and glass kitchenware and tableware, respectively. Additionally, European countries including Spain, Germany, France, the United Kingdom, and Italy are significant importers, reflecting a sustained demand for high-quality products. Saudi Arabia also shows notable market demand for ceramic and glass kitchenware and tableware imports.
During the forum, Liang Junjiao, Creative Director of Yangjiang Chuan Ye Art Design Co., Ltd., emphasized the importance of design innovation and product viability, asserting that continuous product innovation and R&D are crucial for companies to stand out in the global market.
Ma Xiaoyan, General Manager of Guangdong Xiangshun Kitchenware Co., Ltd., discussed transitioning from a foreign trade factory to a brand-focused company. She highlighted the importance of high-quality products, a long-term brand vision, and understanding market trends for international expansion and sustainable growth.
The Canton Fair, renowned not only as a platform for international trade but also as a hub for information exchange and idea generation, has been hosting industry forums since 2010. By leveraging its extensive expertise across various sectors, the fair continues to provide important market insights for companies within the industry, helping them better understand market dynamics and the competitive landscape.
The 137th Canton Fair will be held from April 15 to May 5, 2025 in Guangzhou. For more information, please visit https://www.cantonfair.org.cn/en-US
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Global Kitchenware and Tableware Market Trends Unveiled at the 136th Canton Fair Industry Forum
MILAN, Nov. 8, 2024 /PRNewswire/ -- November 5th to 10th, Greenway(SHSE:688345), a global leader in micromobility lithium battery solutions , showcased its innovative battery solutions for electric motorcycles and electric-assisted bicycles at the 2024 EICMA exhibition in Milan, Italy, under the theme "Safety, Sustainability, Smart."
With 18 years of experience in the micromobility lithium battery sector, Greenway has refined its Cell-Driven "Core" technology. It utilizes 18650 and 21700 small cylindrical cells from major Japanese and Korean companies like LG, Samsung, and Panasonic, as well as its "Gingu Bang" 34145 large cylindrical cells from its subsidiary, K-tech New Energy. These products cater to the diverse battery needs of electric two-wheelers worldwide.
Greenway is committed to the electrification of motorcycles, providing high-end customized lithium battery solutions to world-renowned electric motorcycle and bicycle brands. Since 2016, it has partnered with Yadea, supplying batteries for models like the high-end Yadea Z3 electric motorcycle.
Safe Travel: Speed and Passion
Recognized for its safety efforts, Greenway received China's first CCC certification for electric bicycles on October 23, covering products such as the IMR34145E 12 and IMR34145E 14 large cylindrical cells from the "Gingu Bang" series and the DZ48N-28EM battery pack. Internationally, its electric-assisted bicycle battery achieved the world's first PRODUCT SAFETY MARK certification to the EN50604-1 standard, ensuring compliance with European safety regulations.
Green and Environmentally Friendly: Committed to Sustainable Development
In line with the EU Battery Regulation (EU) 2023/1542, Greenway's products for the EU market now meet the required declarations and carry the CE mark, reflecting its commitment to environmental sustainability. The company employs eco-friendly design practices, including solder-free connection technology, which simplifies assembly and enhances recyclability. This allows for localized repairs without discarding entire battery packs in the event of malfunction.
Smart Travel: Offering You A Better Journey
To improve the travel experience, Greenway has developed an advanced Battery Management System (BMS) incorporating IoT smart modules. This system allows real-time communication between the battery and smart devices, enabling users to monitor battery health remotely and utilize intelligent fast-charging capabilities during peak usage.
At the Milan exhibition, Greenway is showcasing its comprehensive solutions for electric two-wheelers, from cells to PACKs, and introducing its advanced Non-welding and Wire bonding technology. The company invites industry peers to explore future lithium battery innovations for electric two-wheelers.
To learn more, please visit the Greenway official website: https://www.greenway-battery.com.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Greenway's Cell-Driven "Core" Technology Debuts at the Milan EICMA Two-Wheeler Exhibition
