North America Commercial Tableware Services Market Size & Outlook
North America commercial tableware services market, 2016-2028 (US$M)
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North America commercial tableware services market highlights
- The North America commercial tableware services market generated a revenue of USD 1,782.2 million in 2020.
- The market is expected to grow at a CAGR of 4.8% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2021 to 2028.
North America data book summary
| Market revenue in 2020 | USD 1,782.2 million |
| Market revenue in 2028 | USD 2,589.2 million |
| Growth rate | 4.8% (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, North America region accounted for 23.1% 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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North America 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 56.2% in 2020. Horizon Databook has segmented the North America commercial tableware services market based on dinnerware, cutlery covering the revenue growth of each sub-segment from 2016 to 2028.
The continuous expansion of commercial spaces such as restaurants and eateries across the region is likely to generate a significant demand for commercial tableware services in the coming years.
A thriving travel and tourism industry also presents immense growth opportunities for different product categories owing to growing consumer preference for luxurious stays in resorts or highly-rated hotels.
These trends are likely to drive the popularity of premium serving ware. In addition, increasing construction projects for commercial spaces in the region, such as clubs, marriage halls, and group centers, also offers an opportunity for self-service concepts, thereby driving the demand for commercial tableware services.
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Target buyers of North America 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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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 continent-level data and insights on the North America commercial tableware services market, including forecasts for subscribers. This continent databook contains high-level insights into North America commercial tableware services market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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North America commercial tableware services market report size, by country, 2016-2028 (US$M)
North America Commercial Tableware Services Market Share, 2020 & 2028 (US$M)
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