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
TAIPEI, Dec. 26, 2024 /PRNewswire/ -- VIVOTEK (3454-TW), the global leading security solution provider, has once again demonstrated its outstanding commitment to sustainability. Participating for the first time in the 17th Taiwan Corporate Sustainability Awards (TCSA), VIVOTEK emerged victorious, earning the Sustainability Report Award for the Information, Communication, and Broadcasting Industry and the Taiwan Corporate Sustainability Excellence Award. These recognitions showcase VIVOTEK's remarkable success in corporate governance, environmental protection, and social responsibility, affirming its dedication to sustainable growth.
Pioneering Sustainability with Dual Recognition
"For over seven years, VIVOTEK has independently published sustainability reports, actively driving and disclosing our internal sustainability initiatives." said Allen Hsieh, VIVOTEK's Spokesperson and Director of the Global Marketing Division. "These awards not only recognize our integrity and efforts in presenting operational performance, environmental data, and social impact but also serve as a strong motivation for us to continue advancing on the path of sustainable development."
Driving Sustainability through AI Innovation
VIVOTEK delivers advanced AI-powered security solutions built on cutting-edge AI and edge computing technologies. Beyond innovation, the company drives green initiatives, reduces its carbon footprint, and fosters a sustainable, supportive workplace.
Committed to social responsibility, VIVOTEK leads the security industry's sustainability efforts through its 'Safety Map' initiative. For four years, employees have formed security teams to enhance safety in neighborhoods, care centers, and schools with on-site assessments and improvement plans.
In 2024, VIVOTEK will expand its efforts to Hualien's Dacheng Village, where it will help improve local safety environments and support cultural preservation and tourism revitalization. These actions reflect its dedication to sustainability, community well-being, and lasting societal contributions.
Security Sustainability as a Foundation for Social Impact
VIVOTEK proudly received two prestigious honors at the Taiwan Corporate Sustainability Awards, highlighting its dedication to sustainable practices. These accolades inspire the company to deepen its internal efforts and mark the start of an exciting new chapter.
Building on this achievement, VIVOTEK aims to strengthen its mission of becoming the world's most trusted smart security brand. By aligning with global market needs and fostering collaboration with customers, partners, and employees, VIVOTEK is committed to shaping a sustainable future founded on mutual trust and shared success.
To learn more about VIVOTEK's sustainability initiatives, please refer to the 2023 Sustainability Report.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
VIVOTEK Wins Double Honors for Its Commitment to Sustainability
