Global Commercial Tabletop Kitchen Products Market Size By Material (Glassware, Porcelain), By Product (Cutlery, Flatware), By Geographic Scope And Forecast

Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Commercial Tabletop Kitchen Products Market Size And Forecast

Commercial Tabletop Kitchen Products Market size was valued at USD 11.27 Billion in 2024 and is projected to reach USD 19.26 Billion by 2031, growing at a CAGR of 6.93% during the forecast period 2024-2031.

The growing popularity of buffet systems in restaurants and the increasing luxury lifestyle are some of the factors anticipated for driving market growth during the forecast period. The Global Commercial Tabletop Kitchen Products Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Commercial Tabletop Kitchen Products Market Definition

Commercial kitchens are commercial-grade facilities that are licensed for food service providers to prepare food. Commercial kitchens are found in restaurants, cafeterias, hotels, hospitals, educational and workplace facilities, and others. These kitchens are generally large and equipped with bigger and more heavy-duty equipment than a residential kitchen. Some commercial kitchens are private which gives you control over the kitchen, equipment, and storage. There are mainly five types of commercial kitchens such as assembly line layout, Island layout, zone style layout, galley layout, and open kitchen layout.

Commercial tabletop kitchen products consist of materials such as glassware, porcelain, and metalware. These materials are used to develop products such as cutlery, flatware, buffet ware, drinkware, white goods, and others. Augmented demand for tabletop items such as serving trays, salt pepper shakers, and coffee thermoses is increasing with the number of quick-service restaurants. Fancy serving ware is widely used tabletop kitchenware that is influenced by basically the adoption of western culture.

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Global Commercial Tabletop Kitchen Products Market Overview

What's fueling the growth of the Commercial Tabletop Kitchen Products Market? Well, it's a mix of things! More and more people are using fancy serving ware, and let's face it, we're all about social dining these days. Plus, with a little extra cash in our pockets, we're more likely to spend it on eating out. That trend of dining out, ordering in, and generally avoiding the kitchen has led to a surge in restaurants and, naturally, a bigger need for all those tabletop kitchen gadgets used for prepping, serving, and even delivering our food. And don't forget the influence of those western lifestyles! On top of all that, there's a boom in commercial construction and a growing love for quick-service restaurants, all creating even more opportunities in the market.

For example, according to the construction blog by Autodesk, USD 11.4 trillion was spent on construction across the globe in 2018. According to Redshift by Autodesk, the global construction industry needs to build 13,000 buildings each day between 2019 and 2050. However, price volatility of raw materials and strict regulations on mining activities can hamper the growth of the market. Raw materials that are used for the development of tabletop kitchen products are usually expensive due to their quality and material type which can adversely affect the growth of the market.

Global Commercial Tabletop Kitchen Products Market Segmentation Analysis

The Global Commercial Tabletop Kitchen Products Market is segmented on the basis of Material, Product, and Geography.

Commercial Tabletop Kitchen Products Market, By Material

  • Glassware
  • Porcelain
  • Metal Ware

Based on Material, The market is bifurcated into Glassware, Porcelain, and Metal Ware. The Metal Ware segment accounted for the largest market share due to increasing the adoption of metalware in the commercial sector owing to its strain resistance properties and low maintenance quality.

Commercial Tabletop Kitchen Products Market, By Product

  • Cutlery
  • Flatware
  • Drink Ware
  • Others

Based on Product, The market is bifurcated into Cutlery, Flatware, Drink Ware, and Others. The Flatware segment dominated the highest market share due to the growing trend of designing, styling, and customizing these products according to the latest trend and the current trend of sleek flatware typically combined with a two-tone finish in brass, copper is attracting the customer.

Commercial Tabletop Kitchen Products Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of Regional Analysis, The Global Commercial Tabletop Kitchen Products Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The Asia Pacific held the largest revenue share and is expected to maintain the lead throughout the forecast period owing to increasing the consumption of tabletop kitchen products, increasing disposable, rising urbanization, and a large population.

Key Players

The “Global Commercial Tabletop Kitchen Products Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are The Oneida Group, Libbey Inc, Villeroy and Boch AG, BHS Tabletop AG, Lifetime Brands Inc, Lenox Corp, Mepra S.p.A, Wnk, Steelite International and Pinti Inox S.p.A. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

The Oneida Group, Libbey Inc, Villeroy and Boch AG, BHS Tabletop AG, Lifetime Brands Inc, Lenox Corp, Mepra S.p.A.

SEGMENTS COVERED
  • By Material
  • By Product
  • By Geography
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