The global tableware market is estimated to reach a valuation of USD 47 billion in the present year 2023. As per the FMI market analysis report, the sales of tableware are expected to progress at a CAGR of 14% from 2023 to 2033. In addition to this, the report predicts the overall market value to surpass USD 81.8 billion by the end of this forecast period.
The ceramic segment is predicted to have a high share of the global market due to the rising demand for ceramic dinnerware for household purposes. Ceramic ware is becoming increasingly popular among hotels and restaurants as a way to provide a unique and personal touch. In addition, changing lifestyles, rising disposable income, and the introduction of low-cost ceramic ware might contribute to the growth in the market.
Tableware such as cutlery, glassware, serving dishes, containers, spoons and forks, and various other accessories are extensively used for practical and decorative purposes. Cultural diversity, the number of diners, diverse food chains, etc. can all influence the quality of tableware. Knives and cutting implements, forks, spoons, and other silverware items make up the majority of tableware.
There is a change in purchasing behavior due to the expansion of the residential sector and urbanization. People are adopting Western culture, especially in metro areas, in turn propelling the demand for tableware over the forecast period.
Worldwide, the tourism industry has been expanding quickly in support of constant efforts by several nations to strengthen their economy. The surging establishment of accommodation businesses, which is a crucial component of the tourism sector is also expected to drive the sales of tableware.
Rising international concern for environment-polluting materials is forcing many tableware producers to adopt biodegradable materials for the production of eco-friendly tableware. Businesses are realizing that packaging made of biodegradable materials can appeal to their customer’s sensibilities and improve their brand image in the market.
| Attributes | Details |
|---|---|
| Tableware Market Valuation in 2022 | USD 44.5 billion |
| Estimated Global Market Share in 2023 | USD 47 billion |
| Forecasted Global Market Size by 2033 | USD 81.8 billion |
| Projected Global Market Growth Rate from 2023 to 2033 | 14% CAGR |
| Market Share of Top 3 Countries | 45% |
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As per the previous market survey reports, the global demand for tableware in the year 2018 was valued at around USD 39.9 billion. The sales progressed at a promising CAGR during the following years before dropping down drastically during the pandemic years.
The market witnessed sluggish growth between the years 2020 and 2021 and suffered substantial losses during the first half of 2020. Sales in the market were dampened by the imposition of lockdown and halt in production activities.
The shutdown of restaurants and the hotel business hampered the adoption of tableware. Further, manufacturing operations in emerging and developed countries were halted due to disruptions in the supply chain of raw materials and a lack of personnel. So, the global sales of tableware witnessed sluggish growth at a CAGR of 2.8% between 2018 and 2022.
Growth in the market is attributed to the presence of leading participants and product innovations. However, in 2021, demand in the tableware market recovered from its initial collapse, thanks to growing commercial sectors, particularly the hospitality sector in India and China, which is influencing the growth of the tableware supply.
The overall market is predicted to rise at a healthy rate over the forecast period. The global market is expected to register year-on-year growth of roughly 3.7% in 2022.
| Regional Market Comparison | Global Market Share in Percentage |
|---|---|
| North America | 30.7% |
| Europe | 36.4% |
Innovation in Tableware Accessories such as Ceramic Dinnerware Sets to Boost the Market
The United States of America market is expected to grow at a significant rate during the projection period, opines Future Market Insights (FMI). Advancements in innovative material technologies in the United States of America, along with product developments among key players, might boost the market.
According to FMI estimates, the United States of America’s market surpassed USD 7.1 billion in 2022, accounting for around 16.1% of the global market.
| Regional Market Comparison | Global Market Share in Percentage |
|---|---|
| The United States | 16.1% |
| Germany | 4.6% |
| Japan | 11.1% |
| Australia | 2.5% |
Expansion of the Hospitality Sector to Propel the Sales of Tableware
Several industries, including food & beverages, agriculture, and e-commerce have experienced substantial growth over the past few years. The expansion of these industries is due to increased international commerce and favorable government policies.
Make-in-India initiatives and industry-specific incentives are boosting the establishment of numerous manufacturing enterprises in India. Furthermore, the increasing number of hotels, pubs, restaurants, and other dining options are going to drive the adoption in the market. In addition, according to the FMI study, the sales of tableware in India are predicted to increase by 2x during the forecast period.
| Regional Markets | CAGR (2023 to 2033) |
|---|---|
| The United Kingdom | 2.3% |
| China | 7.4% |
| India | 8% |
Features such as Disposability and Reusability to Increase Ceramic Tableware Sales
In terms of material type, the ceramic tableware segment accounted for about 32.5% of the global tableware market in the year 2022. Attributes such as being leak-proof and sturdy for hot & cold beverages and food products might fuel the growth in the segment.
Ceramic tableware is one of the reusable tableware products which are extensively used in hotels and restaurants for serving purposes. So, the growth of hotels, restaurants, and Cafés around the world is anticipated to indirectly boost this segment throughout the projection period.
| Category | By Material |
|---|---|
| Top Segment | Ceramic Tableware |
| Market Share in Percentage | 32.5% |
| Category | By Distribution Channel |
|---|---|
| Top Segment | Offline Sales Channel |
| Market Share in Percentage | 65.6% |
Plates and Bowls to Account for Lion’s Share in the Tableware Market
Among the products, plates and bowls are expected to account for a significant share in 2021 and the trend is likely to continue during the forecast period. Sales of plates and bowls are expected to increase at a CAGR of 3.9% in the global market.
In terms of material, the ceramic tableware segment is projected to account for a high market share of more than 30% in the market. Moreover, increasing disposable income, improved lifestyle, and expansion of the residential sector across the globe are driving the demand in the market.
Sales of Tableware through Offline Channels to Propel the Growth in the Market
As per FMI, the offline channel is expected to dominate the market, accounting for 65% of total sales. Growing demand for ceramic ware, as well as perceptions of delivery challenges for fragile items, are fuelling the growth in the segment.
Expansion of the segment is due to traditional shopping methods and pricing differences in local retail outlets and other wholesale markets. Based on the distribution channel, the offline distribution channel is forecasted to expand at a CAGR of 5% from 2023 to 2033.
The tableware market presents moderate to high entry barriers due to the presence of leading market players. Leading players are adopting strategies such as innovation in designs, mergers and acquisitions, and joint ventures. Moreover, producers and manufacturers of tableware are now concentrating on selling their goods in multiple online stores to serve a broad variety of clients globally.
Producing tableware in bulk at low costs for distribution to different supermarkets and retail chains is the key strategy adopted by the leading players. In addition to this, large retail firms are also collaborating with young visual artists and 3D design experts to automate the whole manufacturing process.
Takeovers and mergers, joint ventures, and design innovation are further consolidating the market supply networks in favor of a few leading players. For instance,
Recent Developments by the Tableware Industries
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| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD million or billion for Value |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; the Middle East & Africa; and Oceania |
| Key Countries Covered | The United States of America, Brazil, Mexico, Germany, the United Kingdom, Spain, Italy, France, Russia, Türkiye, South Africa, China, India, Japan, Australia, and GCC Countries |
| Key Segments Covered | By Product Type, By Material Type, By Distribution Channel, and By Region |
| Key Companies Profiled | Lenox Corporation; Abert SpA; Anhui Deli Household Glass Co., Ltd.; Meyer Corporation Group; Saint-Louis; Steelite International plc; Raynaud Limoges; ARC International SA; Villeroy & Boch AG; Noritake Co., Limited; Lifetime Brands, Inc.; La Opala RG Limited; Stölzle-Oberglas GmbH; The Oneida Group, Inc.; Dankotuwa Porcelain PLC |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The growth of online sales channels and the expansion into emerging markets.
The use of sustainable materials like bamboo and recycled glass, and the popularity of artisanal and handcrafted tableware.
The market is expected to register a valuation of USD 47 billion in 2023.
The dinnerware and flatware segment is a leading in the tableware market.
The market recorded a valuation of USD 44.5 billion in 2022.
| Market Value for 2024 | USD 12.2 billion |
|---|---|
| Market Value for 2034 | USD 22.7 billion |
| Market CAGR (2024 to 2034) | 4.3% |
| Estimated Market Size (2023) | USD 2,985.1 million |
|---|---|
| Projected Value (2032) | USD 5,230.5 million |
| Value CAGR (2023 to 2032) | 6.7% |
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Tableware Market
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