UK Commercial Tableware Services Market Size & Outlook
UK commercial tableware services market, 2016-2028 (US$M)
Related Markets
UK commercial tableware services market highlights
- The UK commercial tableware services market generated a revenue of USD 575.4 million in 2020 and is expected to reach USD 832.5 million by 2028.
- The UK market is expected to grow at a CAGR of 4.7% 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 575.4 million |
| Market revenue in 2028 | USD 832.5 million |
| Growth rate | 4.7% (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, UK accounted for 7.5% 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 |
|---|
UK 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 57.56% in 2020. Horizon Databook has segmented the UK commercial tableware services market based on dinnerware, cutlery covering the revenue growth of each sub-segment from 2016 to 2028.
Robust growth in the hospitality sector in the country is fueling the demand for premium tableware. The rising presence of Filipino restaurants in the U.K. is widening the scope for premium tableware products.
For instance, in December 2018, Jolibee, a Filipino multinational chain with 1,300 branches across the globe, announced its plans to expand its chain with an additional 25 stores in the U.K.
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Target buyers of UK 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 country-level data and insights on the UK commercial tableware services market, including forecasts for subscribers. This country databook contains high-level insights into UK commercial tableware services market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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UK commercial tableware services market report size, by product, 2016-2028 (US$M)
UK Commercial Tableware Services Market Share, 2020 & 2028 (US$M)
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