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Global Tableware Strategic Business Report 2023: Expanding Hospitality Industry Boosts Tableware Sales

Post Time:Feb 24,2023Classify:Industry NewsView:1027

The "Tableware: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.


The global market for Tableware estimated at US$40.5 Billion in the year 2022, is projected to reach a revised size of US$63.7 Billion by 2030, growing at a CAGR of 5.8% over the analysis period 2022-2030.


Metalware, one of the segments analyzed in the report, is projected to record a 5% CAGR and reach US$18.6 Billion by the end of the analysis period.


Taking into account the ongoing post pandemic recovery, growth in the Ceramicware segment is readjusted to a revised 6.7% CAGR for the next 8-year period.


The U.S. Market is Estimated at $6.2 Billion, While China is Forecast to Grow at 8.3% CAGR


The Tableware market in the U.S. is estimated at US$6.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$13.5 Billion by the year 2030 trailing a CAGR of 8.3% over the analysis period 2022 to 2030.


Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$7.9 Billion by the year 2030.


Select Competitors (Total 286 Featured) -

Abert SpA

Anhui Deli Household Glass Co., Ltd.

ARC International SA

Belleek Pottery Ltd.

Capdeco SARL

Churchill China Plc

Crystalex CZ, s.r.o.

Dankotuwa Porcelain PLC

Fiskars OyjAbp

IKEA A/S

La TavolaS.r.l.

LaOpala RG Limited

Lenox Corporation

Libbey Inc.

Lifetime Brands, Inc.

Noritake Co., Ltd.

Ocean Glass Public Company Limited

OrreforsKostaBoda AB

Porcel S.A.

Portmeirion Group PLC

RAK Porcelain

Rosenthal GmbH

Royal Porcelain Public Co. Ltd.

Steelite International Plc

Stolzle-Oberglas GmbH

The Denby Pottery Company Limited

The Oneida Group, Inc.

Villeroy&Boch AG

WMF Group GmbH

Source: https://finance.yahoo.com/Author: shangyi

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