Global Serveware Market to Reach $21 Billion by 2030
The global market for Serveware estimated at US$13.3 Billion in the year 2022, is projected to reach a revised size of US$21 Billion by 2030, growing at a CAGR of 5.9% over the analysis period 2022-2030. Bowls & Platters, one of the segments analyzed in the report, is projected to record 6.5% CAGR and reach US$5.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Chafing Dish segment is readjusted to a revised 6.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $3.6 Billion, While China is Forecast to Grow at 9.2% CAGR
The Serveware market in the U.S. is estimated at US$3.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.5 Billion by the year 2030 trailing a CAGR of 9.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 4.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.Select Competitors (Total 33 Featured) -
- All-Clad Metalcrafters, LLC
- Arc International Company
- Borosil Glass Works Ltd.
- Churchill China plc
- Crown Brands, LLC
- Fiskars Group
- La Opala RG Limited
- Le Creuset
- Meyer Corporation
- Royal Doulton
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- All-Clad Metalcrafters, LLC
- Arc International Company
- Borosil Glass Works Ltd.
- Churchill China plc
- Crown Brands, LLC
- Fiskars Group
- La Opala RG Limited
- Le Creuset
- Meyer Corporation
- Royal Doulton
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 89 |
Published | May 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 13.3 Billion |
Forecasted Market Value ( USD | $ 21 Billion |
Compound Annual Growth Rate | 5.9% |
Regions Covered | Global |