The value of the global tableware market is anticipated to reach US$ 44.5 billion by 2022, with sales increasing at a 5.6% CAGR over that time.
The growth of the domestic market and rising urbanisation will affect consumer behaviour and drive the sales of tableware. The demand for tableware is being driven by the gradual adoption of a western lifestyle by urban populations in various emerging economies.
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Tableware sales have increased dramatically as a result of shifting attitudes and lifestyles, particularly in developing nations. The tableware market has also been boosted by emerging business sectors, particularly the hospitality industry, which has improved its offers.
The rapid rise in home renovations, the expansion of household sizes, and the rise in the need for tableware are further factors that are predicted to boost the global market for this product.
In comparison to many other materials, ceramic tableware is the most preferred tableware material as it can easily be cleaned and are stain-resistant. The ceramic segment is expected to have the largest share in the global tableware market in 2021.
Sales are driven by increasing preference to have their dinnerware of ceramic for household purposes. Also, demand for ceramic ware will surge among hotels and restaurants to add a unique and personal touch.
In addition, changing lifestyle, increasing disposable income, and introduction of low-cost ceramic ware will boost the ceramic tableware segment.
Future Market Insights, in its new report, offers an unbiased analysis of the global market for tableware market by product (plates, bowls, cups, trays, cutlery), by material (glass, ceramic, metal, others (plastic, fiber, wood, etc.)), by distribution channel (online, and offline), & region.
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Global Tableware Market by Category
By Material:
- Glass
- Ceramic
- Metal
- Others (Plastic, Fiber, Wood, etc.)
By Distribution Channel:
- Online
- Offline
By Product:
- Plates
- Bowls
- Cups
- Trays
- Cutlery
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