Tableware Global Market to Reach $63.7 Billion by 2030: AI-enabled Logistics, Merchandising Solutions Win Big as Consumers Shift to Online Buying

DUBLIN, Feb. 23, 2023 /PRNewswire/ -- 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

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Impact of COVID-19 Pandemic and Looming Global Recession
• Year 2021 in Review and Near-term Outlook
• Prolonged Pandemic, Ukraine-Russia Conflict and Ensuing Economic Disruptions Impact Growth Outlook
• E-commerce Observes Stable Growth; At-home Consumption Products Find Favor Amid Logistic Issues
• COVID-19 Outbreak Lays Ground for New Market Trends
• Stores Adopt Bot-enabled Apps for Ideal Shopping Time Details
• Retailers Offer Contactless Shopping Experiences with Touchless Checkout
• Retailer Focus Moves to Sustainability, Green Branding
• Competitive Scenario
• Key Competitive Traits and Noteworthy Trends
• Competitive Market Presence - Strong/Active/Niche/Trivial for 191 Players Worldwide in 2022 (E)
• Tableware: Blending Versatile and Beautiful Styles with Functionality, Durability and Performance
• Factors Driving Global Demand for Tableware
• Global Market Prospects & Outlook
• Rising Standards of Living Favors Aspirational Consumption of Branded Products
• Regional Analysis
• Tableware: A Prelude
• Dinnerware
• Flatware
• Glassware/Crystalware
• Recent Market Activity
• Select Global Brands

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Ongoing Economic Resurgence to Fuel Demand for Tableware
• Modern Tableware Design: Latest Trends
• Use of Tableware in Different Color Patterns Witnesses a Significant Surge
• New Technology to Revive Decorative Tableware Designs
• Brightest White Constellation Dinnerware
• Shift in Preference from White to Various Colors, Shapes, and Textures: A Strong Growth Driver
• Novel Dinnerware, Premium Glassware and Teaware Collection Launched in the Recent Past
• Latest Cutlery Trends
• High-End Tableware Customers Largely Brand Oriented
• Expanding Hospitality Industry Boosts Tableware Sales
• Tableware Manufacturers to Benefit
• The Eating-Out Trend and Expansion of the Fast Food Sector Drive Demand for Disposable Tableware
• Resilient Healthcare Sector Extends Potential Opportunities
• Positive Outlook for the Global Construction Industry Benefits Market Demand
• Rise of Digital Technologies Drive Online Sales of Tableware
• AI-enabled Logistics, Merchandising Solutions Win Big as Consumers Shift to Online Buying
• Growing Role of Internet and Social Media in Decision Making
• E-Commerce to Lend Growth Momentum to Tableware Market
• Inventive Trends in Retail Industry
• Growing Demand for Multifunctional Tableware from Space-Conscious Millennials Drive Healthy Market Growth
• Favorable Economic and Demographic Trends Strengthen Market Prospects
• Ballooning Global Population
• Generation X: Potential Growth Target
• Exponential Increase in Urbanization
• Transition in Family Systems
• Rise in Wealthy Population
• Expanding Middle Class
• Rise in Disposable Incomes
• Global Millennial Population Facts & Figures: Important Opportunity Indicators
• Edible Tableware: An Eco-Friendly Biodegradable Alternative to Plastic Tableware
• Eatware: Innovative Tableware Addressing Unique Requirements of Alzheimer's Patients
• Biodegradable Cutlery: Advantages and Disadvantages
• Eco-Sensitive Biodegradable Tableware and Cutlery
• Adopting Organic Dinnerware Products
• As Infection Prevention Becomes Important, Restaurants Increasingly Moving towards Single-Use Tableware
• Disposable Tableware Market in France
• Growing Demand for Stainless Steel Tableware Benefit Market Expansion
• Glassware & Crystalware Design Transformation from Functional to Aesthetically Pleasing Augurs Well for Market Adoption
• Demand for Glass Tableware on the Growth Path
• Versatility of Melamine Dinnerware Spurs Demand from Indoor and Outdoor Dining Applications
• Ceramic Tableware: Pick Up in Demand

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

• Total Companies Profiled: 286

For more information about this report visit https://www.researchandmarkets.com/r/m8hqjl

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