Market revenue in 2020 | USD 958.1 million |
Market revenue in 2028 | USD 1,408.8 million |
Growth rate | 4.9% (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 |
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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 56.51% in 2020. Horizon Databook has segmented the U.S. commercial tableware services market based on dinnerware, cutlery covering the revenue growth of each sub-segment from 2016 to 2028.
Commercial tableware products are foreseen to witness significant traction in the country on account of favorable demographic factors, improving standard of living, and the growing preference for social gatherings.
As an increasing number of consumers in the U.S. continue to enjoy elegant dining practices, food presentation and styling have become integral to the overall experience. Premium tableware is known to elevate the aesthetics of food, owing to which its demand in commercial settings continues to rise.
Players operating in the market are witnessing a growing demand for vintage cutlery and flatware as such styles are back in fashion. Furthermore, the demand for smaller plates and bowls, due to the preference for smaller portion sizes, will positively influence the U.S. market.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. commercial tableware services market, including forecasts for subscribers. This country databook contains high-level insights into U.S. commercial tableware services market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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