Press release
Global Luxury Tableware Market Is Likely to Experience a Tremendous Growth by 2028
The global luxury tableware market is estimated to grow at a CAGR of 6.5% during the forecast period (2022 to 2028).The market growth is driven by the rising demand for luxury tableware in both domestic and commercial settings around the world. The global luxury tableware industry's key uses include household and commercial. The commercial category is expanding its revenue share owing to increased demand from hotels and restaurants in response to rising customer demand for luxury experiences. In addition, rising affluence and changing lifestyles have increased demand for luxury dinnerware in the household sector.The global luxury tableware market is divided into two categories based on sales channels, such as online and offline. In 2021, the offline category had a share of over 70%. While the online segment is expected to grow rapidly in the coming years as end-users become more aware of the advantages of online channels, such as the ability to compare all products at once, increased internet speed, user-friendly e-commerce platforms, ease of transactions, and a hassle-free shopping experience.
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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Application
o By Distribution Channel
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Fornasetti, Minton, and Noritake, among others.
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Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
A full report of Global Luxury Tableware Market is available at:
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Global Luxury Tableware Market Report by Segment
By Type
• Stainless Steel Tableware
• Metal Tableware
• Glass Tableware
• Ceramic Tableware
• Others
By Application
• Home
• Commercial
By Distribution Channel
• Online
• Offline
Company name: Orion Market Reports
Contact person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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