Commercial Tableware Services Market Size, Share & Trends Analysis Report By Product (Dinnerware, Cutlery), By Distribution (Offline, Online), By Region, And Segment Forecasts, 2021 - 2028

Report Overview

The global commercial tableware services market size was valued at USD 7.7 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.7% from 2021 to 2028. The rising adoption of serving ware with significant development in the foodservice and hospitality industry has been significantly driving the demand for tableware services in the commercial sector. Moreover, rising disposable incomes, changing lifestyles, and increasing social trends promoting social dining have contributed to an upswing in the demand for commercial tableware services.

The evolution of self-service kiosks in restaurants has resulted in the growing adoption of commercial tableware services in large numbers. Events such as holiday parties, business meetings, weddings, or any other social gatherings require feeding a large number of people, wherein a buffet system is considered to be the ideal service option. This scenario is expected to result in the growing adoption of a large number of serving ware such as plates & bowls and cutlery along with other buffet products.

The COVID-19 outbreak has decreased the demand for commercial tableware services quite significantly across the globe. The pandemic has resulted in a stay-at-home situation for hundreds of thousands of people worldwide, which has significantly reduced the incidence of leisure activities, like picnics, parties, and celebrations. Social interaction and gathering have come to a halt or at least reduced by a huge margin posing a great challenge to the commercial tableware services market. This has given a sudden jolt to the growth of the market.

Rapidly increasing urbanization across developing economies is a prominent factor leading to a positive market scenario for commercial tableware services. In line with this, growing investments by countries for the construction of office buildings, hotels, retail stores, malls, hospitals, and other commercial infrastructure will result in the demand for various kinds of commercial tableware services.

A rising section of the population in India has been shifting to countries such as Canada and the U.S., which has created a positive demand for commercial tableware in the North American region. The trend of opening restaurants, cafes, and small eateries that cater to Indians in these countries is gaining much prominence, creating numerous demand opportunities in the market for commercial tableware services.

Distribution Channel Insights 

The offline distribution channel was the largest segment in 2020 and accounted for a revenue share of 92.6% in that year. The segment is expected to progress at a CAGR of 4.8% from 2021 to 2028. The availability of a large variety of products, along with discounts and offers, has been attracting consumers to buy tableware products from offline distribution channels such as supermarkets, specialty shops, and retail outlets. The online channel segment accounted for a revenue share of 7.4% in 2020. The segment is expected to exhibit a CAGR of 2.8% from 2021 to 2028. The growth of this segment is attributed to the ease and convenience associated with ordering products online.

The offline channel includes hypermarkets/supermarkets, convenience stores, and specialty stores. The offline distribution channel segment is also expected to grow at the fastest rate over the forecast period. Business owners directly buy from either specialty stores or hypermarkets as the price and product availability is better in a store than on websites or e-commerce platforms. Business owners shop from a specific kind of store because they purchase in large quantities and they can get the best price on these products at such stores.

Product Insights 

The dinnerware segment dominated the market for commercial tableware services and accounted for the largest revenue share of 57.62% in 2020. The segment is expected to register a CAGR of 4.9% from 2021 to 2028. The segment is growing owing to a rise in travel and leisure industries, especially in Asia Pacific and North America regions. The cutlery segment accounted for a share of 42.38% in 2020. The segment is expected to register a CAGR of 4.4% from 2021 to 2028 and is expected to account for a share of 41.31% of the global revenue by 2028.

In the recent past, there has been an increasing awareness regarding copper as an essential trace mineral and its associated health benefits, which led to copperware gaining traction in the dinnerware segment. Although still a niche category of material, copperware has also been linked to its aesthetic appeal and cultural association in many parts of the world, which would further lead to its incorporation in dinnerware products. One other major trend influencing the dinnerware space is a general shift from white dinnerware to those with color contrasts matching a particular kitchen’s overall aesthetic.

Regional Insights 

Europe dominated the market for commercial tableware services and accounted for the largest revenue share of 34.6% in 2020 and is estimated to be the same over the forecast period. The market for commercial tableware services in North America was valued at USD 1,782.2 million in 2020 and is projected to register a CAGR of 4.8% over the forecast period, to reach USD 2,589.2 million by 2028.

Asia Pacific is estimated to be the second-largest and fastest-growing region. The Asia Pacific region is witnessing a significant increase in the consumption of tableware products. Markets in China and India will tremendously grow owing to the rising disposable incomes of consumers, rapid urbanization, and high population. There is a decline in the market for commercial tableware services in Asia Pacific due to the COVID-19 pandemic. Supply chain disruptions have affected the production and distribution processes. Pay reductions for factory workers have also been implemented. The hospitality sector drives the growth of the tableware products market but owing to the current scenario that has been put on halt.

Key Companies & Market Share Insights 

The market for commercial tableware services is fragmented in nature with the presence of a large number of regional and international players. Players operating in this industry are relying on strategic measures such as support and services to customers to get their confidence and assist them with their business amidst the COVID-19 pandemic. For instance, in August 2020, Degrenne launched Reconnect, a platform providing support to hotels, restaurants, and cafes in response to the COVID-19 pandemic. Some of the prominent players in the commercial tableware services market include:

• Victorinox

• Cardinal International

• Churchill China Ltd.

• Steelite International

• Fiskars Group

• Friedr.Dick

• Libbey Inc.

• Villeroy & Bosch AG

• Royal Doulton

• Denby Pottery Company Ltd.

• Gibsons Overseas Inc.

• Republic Plastics

• Dart Container Corporation

• Goodtimes

• Pigeon toe Ceramics

Commercial Tableware Services Market Report Scope

Segments Covered in the Report 

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2028. For the purpose of this study, Grand View Research has segmented the global commercial tableware services market report on the basis of product, distribution channel, and region:

• Product Outlook (Revenue, USD Million, 2016 - 2028)

  • Dinnerware

  • Cutlery

• Distribution Channel Outlook (Revenue, USD Million, 2016 - 2028)

  • Online

  • Offline

• Regional Outlook (Revenue, USD Million, 2016 - 2028)

  • North America

    • U.S.

  • Europe

    • Germany

    • U.K.

    • France

  • Asia Pacific

    • India

    • China

  • Central & South America

  • Middle East & Africa (MEA)