Latin America, Middle East & Africa Tableware Market Databank
The Tableware market was valued at $40,760.0 Million in 2020, and is projected to reach $56,277.6 Million by 2029 growing at a CAGR of 3.69% from 2021 to 2029. Metalware segment is expected to be the highest contributor to this market, with $14,046.7 Million in 2020, and is anticipated to reach $19,481.6 Million by 2029, registering a CAGR of 3.74%. Glassware segment is anticipated to reach $12,109.3 Million by 2029 with the highest CAGR of 3.88%. Metalware and Ceramicware segments collectively expected to account for about 63.4% share of the Tableware market in 2020, with the former constituting around 34.5% share. Glassware and Ceramicware segments are expected to witness significant growth rates at a CAGR of 3.88% and 3.82% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 50.1% in the overall Tableware market in 2020, and is anticipated to reach 50.7% by 2029.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook