Middle East & Africa Stainless Steel Flatware Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product (Spoons, Forks, Knives, Serving Utensils, and Others) and Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Onlin

Middle East & Africa Stainless Steel Flatware Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product (Spoons, Forks, Knives, Serving Utensils, and Others) and Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, Online Retail, and Others)

The stainless steel flatware market in Middle East & Africa is expected to grow from US$ 1,019.67 million in 2022 to US$ 1,343.26 million by 2028. It is estimated to grow at a CAGR of 4.7% from 2022 to 2028.

Introduction of Stainless Steel Flatware with Innovative Coatings

Manufacturers are launching products with new finishes, including metallic finish, mirror finish, and matte finish, to attract consumers and boost product sales. The company also offers gold-plated stainless steel flatware, which enhances the aesthetic appeal of the product. Similarly, Fortessa Tableware Solutions, LLC, manufacturer of tableware products, offers gold-plated, 18/10 (18% chromium and 10% nickel) stainless steel flatware set with a mirror finish. The product is durable and can be cleaned by using a dishwasher. Further, CB2, a furniture and home décor company, offers two-toned five-piece stainless steel flatware set with silver-plated tips and gold-plated slender handles. Also, many manufacturers such as Anthopologie and Fortessa offer black and rose gold stainless steel flatware. Flatware with innovative coating is popular among consumers due to their attractive appearance. Hence, rising launches of such products with an attractive coating are expected to provide lucrative opportunities for the stainless steel flatware market over the forecast period.

Market Overview

The Middle East & Africa stainless steel flatware market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Middle East countries such as Saudi Arabia, the UAE, Qatar, Kuwait, Oman, and Bahrain have witnessed an increase in the influence of western cuisines; as a result, the adoption of cutlery rate has also increased. Moreover, the extensive expenditure on luxurious and premium products by high & medium-income consumers has increased the sales of stainless steel flatware across the region. However, due to the developing economy of South African countries, consumers prefer affordable and durable flatware, such as stainless steel. Hence, the popularity of stainless steel flatware in the region is mainly driven due to its affordability and sustainability.

Middle East & Africa Stainless Steel Flatware Market Revenue and Forecast to 2028 (US$ Million)

Middle East & Africa Stainless Steel Flatware Market Segmentation

The Middle East & Africa stainless steel flatware market is segmented into product, distribution channel, and country.

Based on product, the market is segmented into spoons, forks, knives, serving utensils, and others . The spoons segment registered the largest market share in 2022.

Based on distribution channel, the market is categorized into supermarkets and hypermarkets, specialty stores, online retail, and others. The specialty stores segment held the largest market share in 2022.

Based on country, the market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the market share in 2022.

ZWILLING J.A. Henckels AG; SABRE; Christofle Silver, Inc.; Tramontina USA Inc.; Eternum S.A.; and Mepra S.P.A are the leading companies operating in the stainless steel flatware market in the region.

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