Global Commercial Tableware Services Market Size & Outlook
The commercial tableware services industry worldwide is expected to reach a projected revenue of US$ 11,118.3 million by 2028. A compound annual growth rate of 4.7% is expected of the worldwide commercial tableware services industry from 2021 to 2028.
Revenue, 2020 (US$M)
$7,700.5
Forecast, 2028 (US$M)
$11,118.3
CAGR, 2021 - 2028
4.7%
Report Coverage
Worldwide
Global commercial tableware services market, 2016-2028 (US$M)
Related Markets
Global commercial tableware services market highlights
- The global commercial tableware services market generated a revenue of USD 7,700.5 million in 2020 and is expected to reach USD 11,118.3 million by 2028.
- The market is expected to grow at a CAGR (2021 - 2028) of 4.7% by 2028.
- In terms of segment, dinnerware accounted for a revenue of USD 4,437.3 million in 2020.
- Dinnerware is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2020.
- Country-wise, Germany is expected to register the highest CAGR from 2021 to 2028.
Global data book summary
| Market revenue in 2020 | USD 7,700.5 million |
| Market revenue in 2028 | USD 11,118.3 million |
| Growth rate | 4.7% (CAGR from 2020 to 2028) |
| Largest segment | Dinnerware |
| Fastest growing segment | Dinnerware |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dinnerware, Cutlery |
Other key industry trends
- In terms of revenue, the North America accounted for 23.1% of the global commercial tableware services market in 2020.
- By country, the China is projected to lead the global market in terms of revenue in 2028.
- By country, Germany is the fastest growing regional market and is projected to reach USD 1,364.7 million by 2028.
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Commercial Tableware Services Market Scope
Commercial tableware services market segmentation & scope
Commercial Tableware Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global commercial tableware services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to commercial tableware services market will help companies and investors design strategic landscapes.
dinnerware was the largest segment with a revenue share of 57.62% in 2020. Horizon Databook has segmented the Global commercial tableware services market based on dinnerware, cutlery covering the revenue growth of each sub-segment from 2016 to 2028.
- Global Commercial Tableware Services Product Outlook (Revenue, USD Million, 2016-2028)
- Dinnerware
- Plates
- Bowls
- Cutlery
- Spoons
- Forks
- Knives
- Dinnerware
- Global Commercial Tableware Services Distribution Channel Outlook (Revenue, USD Million, 2016-2028)
- Offline
- Online
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Horizon Databook provides a detailed overview of global-level data and insights on the Global commercial tableware services market, including forecasts for subscribers. This global databook contains high-level insights into Global commercial tableware services market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Global commercial tableware services market report statistics, by regions, 2016-2028 (US$M)
Top 10 countries: Commercial tableware services market size, 2020 (USD Million)
Top 10 countries: Commercial tableware services market size, 2020 (USD Million)
Global commercial tableware services market, by region, 2020 (US$M)
Related regional statistics
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