Market Overview:
The global serveware market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for serveware from commercial and residential applications, globally. Additionally, the growing trend of using eco-friendly materials such as glass, stainless steel, and ceramic is also propelling the growth of this market. However, volatility in prices of raw materials used in manufacturing serveware may restrain the overall growth of this market during the forecast period. On basis of type, glass was observed as one of most popular material used for making Serveware products followed by stainless steel and plastic respectively. Glass based Serve ware products are usually preferred due to their elegant appearance which makes it perfect for serving food items in restaurants or hotels etc., Furthermore on basis on application segmentation commercial use held dominant share in global Serve ware product demand followed by residential use .
Product Definition:
Serveware is any dish or container that is used to hold food while it is being served. This includes plates, bowls, cups, and forks. Serveware can be made from a variety of materials, including ceramic, glass, metal, and plastic. It is important for serveware to be durable and easy to clean in order to make it practical for use in a restaurant or catering setting.
Glass:
Glass is a transparent or translucid material, mostly used for the production of bottles and other containers. It can be categorized as fine art glass, fiberglass, safety glass or tempered glass. The growth factor in the Glass market is mainly driven by factors such as its recyclability and reusability which makes it sustainable in nature.
Stainless Steel:
Stainless steel is a type of metal that consists of greater than 92.0% of chromium and lesser than 7.0% carbon content by weight. It has excellent corrosion resistance, high strength, and is easily maintainable which makes it one of the most popular choices for kitchenware products such as dinner sets, flatware etc.
Application Insights:
Commercial use was the largest application segment in the global serveware market and accounted for more than 70.0% share of the total revenue in 2017. The growth of this segment is attributed to increasing number of restaurants, bars and hotels at a global level. In addition, growing tourism industry has resulted in increased demand for commercial kitchen equipment such as cookware which is driving the product demand from commercial users.
Residential use is expected to be one of fastest-growing segments over forecast period owing to rising awareness about health & hygiene among consumers coupled with increasing disposable income per household across various regions including Asia Pacific and Middle East & Africa countries such as Saudi Arabia, UAE and Iran which are major consumers of this product globally due to their high spending on home remodeling activities annually. This factor along with others will drive residential consumption demand over next few years globally thereby creating lucrative opportunities for vendors operating in these regions worldwide.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing per capita income, changing lifestyles, and rising real estate sector in the region. The construction industry has witnessed an upsurge due to government initiatives such as “Housing for All†program by providing subsidies on housing loans and investments in affordable houses under Pradhan Mantri Awas Yojana (PMAY). This will create ample opportunities for Serveware products over the forecast period.
Europe is anticipated to witness significant growth over the next eight years owing both glass and plastic products demand which are used widely across hotels, restaurants, bars & pubs as well as household applications including serving ware and kitchenware among others. Increasing number of households due preference towards nuclear families coupled with growing trend towards single person or couple households especially millennials are driving this regional market growth over the forecast period.
Growth Factors:
- Increasing demand for premium and customized serveware products from the hospitality sector.
- Rising disposable income of consumers, which is encouraging them to spend more on luxury serveware products.
- Proliferation of online retail channels, which is making it easier for consumers to purchase high-end serveware products at competitive prices.
- Growing popularity of social gatherings and celebrations among consumers, which is resulting in increased demand for party serving dishes and accessories.
- Increasing trend of home entertaining among millennials, who are looking for unique and stylish serveware items to enhance the aesthetics of their homes
Scope Of The Report
Report Attributes
Report Details
Report Title
Serveware Market Research Report
By Type
Glass, Stainless Steel, Plastic, Ceramics, Other
By Application
Commercial Use, Residential Use
By Companies
Libbey, EveryWare Global, Arc International, Sisecam, Bormioli, Corelle, Nambe
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Serveware Market Report Segments:
The global Serveware market is segmented on the basis of:
Types
Glass, Stainless Steel, Plastic, Ceramics, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Use, Residential Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Libbey
- EveryWare Global
- Arc International
- Sisecam
- Bormioli
- Corelle
- Nambe
Highlights of The Serveware Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Glass
- Stainless Steel
- Plastic
- Ceramics
- Other
- By Application:
- Commercial Use
- Residential Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Serveware Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Serveware is a type of kitchenware that is used to serve food. It can be made from different materials, including metal, plastic, or ceramic. Serveware can include dishes such as plates, bowls, and cups.
Some of the key players operating in the serveware market are Libbey, EveryWare Global, Arc International, Sisecam, Bormioli, Corelle, Nambe.
The serveware market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Serveware Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Serveware Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Serveware Market - Supply Chain
4.5. Global Serveware Market Forecast
4.5.1. Serveware Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Serveware Market Size (000 Units) and Y-o-Y Growth
4.5.3. Serveware Market Absolute $ Opportunity
5. Global Serveware Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Serveware Market Size and Volume Forecast by Type
5.3.1. Glass
5.3.2. Stainless Steel
5.3.3. Plastic
5.3.4. Ceramics
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Serveware Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Serveware Market Size and Volume Forecast by Application
6.3.1. Commercial Use
6.3.2. Residential Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Serveware Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Serveware Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Serveware Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Serveware Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Serveware Demand Share Forecast, 2019-2026
9. North America Serveware Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Serveware Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Serveware Market Size and Volume Forecast by Application
9.4.1. Commercial Use
9.4.2. Residential Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Serveware Market Size and Volume Forecast by Type
9.7.1. Glass
9.7.2. Stainless Steel
9.7.3. Plastic
9.7.4. Ceramics
9.7.5. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Serveware Demand Share Forecast, 2019-2026
10. Latin America Serveware Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Serveware Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Serveware Market Size and Volume Forecast by Application
10.4.1. Commercial Use
10.4.2. Residential Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Serveware Market Size and Volume Forecast by Type
10.7.1. Glass
10.7.2. Stainless Steel
10.7.3. Plastic
10.7.4. Ceramics
10.7.5. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Serveware Demand Share Forecast, 2019-2026
11. Europe Serveware Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Serveware Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Serveware Market Size and Volume Forecast by Application
11.4.1. Commercial Use
11.4.2. Residential Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Serveware Market Size and Volume Forecast by Type
11.7.1. Glass
11.7.2. Stainless Steel
11.7.3. Plastic
11.7.4. Ceramics
11.7.5. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Serveware Demand Share, 2019-2026
12. Asia Pacific Serveware Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Serveware Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Serveware Market Size and Volume Forecast by Application
12.4.1. Commercial Use
12.4.2. Residential Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Serveware Market Size and Volume Forecast by Type
12.7.1. Glass
12.7.2. Stainless Steel
12.7.3. Plastic
12.7.4. Ceramics
12.7.5. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Serveware Demand Share, 2019-2026
13. Middle East & Africa Serveware Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Serveware Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Serveware Market Size and Volume Forecast by Application
13.4.1. Commercial Use
13.4.2. Residential Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Serveware Market Size and Volume Forecast by Type
13.7.1. Glass
13.7.2. Stainless Steel
13.7.3. Plastic
13.7.4. Ceramics
13.7.5. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Serveware Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Serveware Market: Market Share Analysis
14.2. Serveware Distributors and Customers
14.3. Serveware Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Libbey
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. EveryWare Global
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Arc International
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sisecam
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bormioli
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Corelle
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nambe
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook