Latin America Tabletop Kitchen Products Market Size & Outlook
Latin America tabletop kitchen products market, 2016-2030 (US$M)
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Latin America tabletop kitchen products market highlights
- The Latin America tabletop kitchen products market generated a revenue of USD 3,883.9 million in 2023.
- The market is expected to grow at a CAGR of 3.6% from 2024 to 2030.
- In terms of segment, dinnerware was the largest revenue generating type in 2023.
- Drinkware is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 3,883.9 million |
| Market revenue in 2030 | USD 4,978.8 million |
| Growth rate | 3.6% (CAGR from 2023 to 2030) |
| Largest segment | Dinnerware |
| Fastest growing segment | Drinkware |
| Historical data covered | 2016 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dinnerware, Flatware, Whitegoods, Buffet Products, Drinkware |
| Key market players worldwide | Villeroy & Boch AG Vorz-Inhaber-Akt stimmrechtslos, Lennox International Inc, Samsung Electronics Co Ltd, Haier, Robert Bosch Engineering & Business Solutions, Koninklijke Philips NV, ARC International, The Oneida Group |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.8% of the global tabletop kitchen products market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 18,433.5 million by 2030.
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Tabletop Kitchen Products Market Scope
Tabletop Kitchen Products Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America tabletop kitchen products 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 tabletop kitchen products market will help companies and investors design strategic landscapes.
Dinnerware was the largest segment with a revenue share of 34.81% in 2023. Horizon Databook has segmented the Latin America tabletop kitchen products market based on dinnerware, flatware, whitegoods, buffet products, drinkware covering the revenue growth of each sub-segment from 2016 to 2030.
The market in this region is expected to witness significant growth during the forecast period owing to the presence of high-end hotels and restaurants in Brazil. Pop-up restaurants are gaining traction in Brazil and increasing focus on introducing innovative food formats is likely to create growth opportunities for various tabletop kitchen products in the next few years.
The demand for dinnerware made from metals such as stainless steel and aluminum is likely to grow on account of the rising awareness about the health benefits of eating from metal plates.
Increased adoption of metal dinnerware in for household and commercial use owing to its durability, stain-resistance, and low-maintenance properties will help dinnerware products maintain the dominant position in the tabletop kitchen products market over the forecast period.
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Our clientele includes a mix of tabletop kitchen products market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America tabletop kitchen products market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America tabletop kitchen products market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America tabletop kitchen products market size, by country, 2016-2030 (US$M)
Latin America Tabletop Kitchen Products Market Outlook Share, 2023 & 2030 (US$M)
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