The Global Market for Tableware is Projected to Exceed US$47 Billion by 2024
Ability to Reduce Cost, Save Space and Declutter the Kitchen Cabinet Drives Consumer Demand for Multifunctional Tableware, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Tableware market. The global market for Tableware is projected to exceed US$47 billion by 2024 , driven by ever changing consumer preferences due to changes in fashion, lifestyle, and gastronomic needs, and growing demand for multifunctional tableware. The global tableware market is currently experiencing steady growth, with demand, particularly for high-end products gaining momentum. Growing disposable incomes and surging demand from emerging countries constitute some of the key factors currently driving gains in the market. The tableware market is characterized by globalization, consolidation, and casualization trends. Phenomenal global shift to casual lifesty...