Germany Commercial Tableware Services Market Size & Outlook
Germany commercial tableware services market, 2016-2028 (US$M)
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Germany commercial tableware services market highlights
- The Germany commercial tableware services market generated a revenue of USD 968.4 million in 2020 and is expected to reach USD 1,364.7 million by 2028.
- The Germany market is expected to grow at a CAGR of 4.4% from 2021 to 2028.
- In terms of segment, dinnerware was the largest revenue generating product in 2020.
- Dinnerware is the most lucrative product segment registering the fastest growth during the forecast period.
Commercial tableware services market data book summary
| Market revenue in 2020 | USD 968.4 million |
| Market revenue in 2028 | USD 1,364.7 million |
| Growth rate | 4.4% (CAGR from 2020 to 2028) |
| Largest segment | Dinnerware |
| Fastest growing segment | Dinnerware |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dinnerware, Cutlery |
| Key market players worldwide | Cardinal Health Inc, Fiskars Oyj, Villeroy & Boch AG Vorz-Inhaber-Akt stimmrechtslos, Pigeon Corp, Victorinox, Steelite International, Libbey, Royal Doulton, Denby Pottery Company, Gibson Overseas, Republic Plastics, L'Oreal SA, Boscia, Churchill China plc |
Other key industry trends
- In terms of revenue, Germany accounted for 12.6% of the global commercial tableware services market in 2020.
- Country-wise, China is expected to lead the global market in terms of revenue in 2028.
- In Europe, Germany commercial tableware services market is projected to lead the regional market in terms of revenue in 2028.
- UK is the fastest growing regional market in Europe and is projected to reach USD 832.5 million by 2028.
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Commercial Tableware Services Market Scope
Commercial Tableware Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 58.48% in 2020. Horizon Databook has segmented the Germany commercial tableware services market based on dinnerware, cutlery covering the revenue growth of each sub-segment from 2016 to 2028.
Rising consumer demand for premium cutlery products that serve the purpose as well as complement interiors are driving the product demand in Germany. The development of the commercial sector in the country with the rising number of restaurants and cafés is leading to an increased demand for tableware.
The presence of a large number of independent and chain cafés is also boosting the demand for tableware in the country. According to the Specialty Coffee Association (SCA), there were 28,930 cafés in Germany and 2,160 coffee focused cafés in 2018. The increasing presence of independent and chain cafés is boosting the demand for various commercial tableware services in Germany.
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Target buyers of Germany commercial tableware services market databook
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Our clientele includes a mix of commercial tableware services market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany commercial tableware services market, including forecasts for subscribers. This country databook contains high-level insights into Germany commercial tableware services market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Germany commercial tableware services market report size, by product, 2016-2028 (US$M)
Germany Commercial Tableware Services Market Share, 2020 & 2028 (US$M)
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