Middle East & Africa Commercial Tableware Services Market Size & Outlook
Middle East & Africa commercial tableware services market, 2016-2028 (US$M)
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MEA commercial tableware services market highlights
- The MEA commercial tableware services market generated a revenue of USD 396.0 million in 2020.
- The market is expected to grow at a CAGR of 3.6% 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.
MEA data book summary
| Market revenue in 2020 | USD 396.0 million |
| Market revenue in 2028 | USD 524.6 million |
| Growth rate | 3.6% (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 |
| 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, MEA region accounted for 5.1% of the global commercial tableware services market in 2020.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,345.0 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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Middle East & Africa 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 58.86% in 2020. Horizon Databook has segmented the Middle East & Africa commercial tableware services market based on dinnerware, cutlery covering the revenue growth of each sub-segment from 2016 to 2028.
Increase in the purchasing power of consumers and rapid growth of the hospitality sector in this region will fuel the demand for commercial tableware products.
The Middle Eastern region has regained growth after an economic decline mirroring the global situation of the 2008 crisis and the Eurozone crisis. Since then, the hospitality and travel sectors in the Middle Eastern region have been rapidly growing.
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Target buyers of Middle East & Africa 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa commercial tableware services market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa commercial tableware services market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Middle East & Africa commercial tableware services market
Middle East & Africa Commercial Tableware Services Market Share, 2020 & 2028 (US$M)
Middle East & Africa commercial tableware services market
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