Tableware Market Progressing At A CAGR Of 6.0% For The Forecast Period From 2019 To 2025 : Grand View Research Inc.
San Francisco, 1 October 2019: The Report Tableware Market Size, Share & Trends Analysis Report By Product (Glassware, Ceramicware, Metalware, Plastic/Fiberware), By Distribution (Offline, Online), And Segment Forecasts, 2019 – 2025 The global tableware market size is expected to reach USD 60.4 billion by 2025, as per the new report by Grand View Research, Inc., expanding at a CAGR of 6.0% over the forecast period. Increasing number of households, changing lifestyle, and rising disposable income of the consumers are the prominent factors fuelling the market growth. The metalware segment dominated the market in 2018 and accounted for 33.6% share of the overall revenue. The growth is attributed to its high usage in developing countries such as India and china in both the residential as well as commercial sectors. Ceramicware is anticipated to witness significant growth in the coming years due to its rising demand, which is attributed to increasing disposable income and cha