Outdoor Serveware Market Size, Share, Growth, And Industry Analysis by Type (Platters & Bowls, Jugs & Beverage Pots, Chafing Dishes, Others) By Application (Car Travel, Yacht, Family, Hiking and Cycling, Other) and Regional Forecast From 2024 to 2031

Updated On: 20 November 2023

Outdoor Serveware Market Report Overview

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The global outdoor serveware market size expanded rapidly in 2022. As per research the market is expected to generate the substantial revenue by 2031, exhibiting a high CAGR during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with the outdoor serveware market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Serveware is produced from a broad range of raw materials, including metals like copper, aluminium, silver, and steel as well as plastic, glass, ceramic, and wood. Because copper conducts heat well, copperware keeps meals hot for longer. One of the main demands made by customers is the use of materials. As a response, businesses have begun developing inventive items that double as serveware, cookware, and bakeware. Hawkins Further, for instance, sells cook-n-serve bowls that can be used for both cooking and serving.

The market has been driven by the rising usage of glass and ceramic utensils in homes throughout the world. Another important aspect propelling the market is the adaptability of serveware in commercial applications. These dinnerware items are not only visually beautiful but also functional—they can be used for both heating and cooking.

COVID-19 Impact: COVID-19 Pandemic leading Market Restriction Through Lockdown

Companies have trouble physically visiting their channel vendors and suppliers and concluding business agreements as a result of lockdown limitations in several countries throughout the world. The product revenues of the important corporations will suffer as a result. Additionally, the global population's rate of product consumption is being significantly hampered by the closure of upholstery shops and the lack of raw materials caused by shutdown limitations.

Latest Trends

"Rise in Demand Among People for Living Standards Leading Market Expansion"

As greater emphasis is placed on design and food presentation as the final touch to culinary talents, consumers have become more sophisticated in their eating habits. Additionally, there is a rise in demand for vintage tableware and furnishings as these items have become more in style. Thus, among other things, rising living standards, a rise in consumer interest in fine dining, and an increase in social dinner parties are the key drivers of industry expansion. Vertical gardens are in increasing demand, it has been noted. The cost of home décor items is likewise rising, as is the desire for indoor plants among households. The demand for flowerpots is being fueled by all of these causes. Consumers have a strong preference for interior house decorating. Most garden pot buyers in Western Europe have their own outside area, and many of them are avid gardeners, according to research. The practice of creating indoor gardens by scattering plants throughout the home is popular in tiny urban homes. There are several options, including glassware, high-tech ceramics, and others. Additionally, there is a healthy market for plastic pots and throwaway dinnerware.

Outdoor Serveware Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into Platters & Bowls, Jugs & Beverage Pots, Chafing Dishes, Others. Platters & Bowls is anticipated to be the leading segment.

• By Application Analysis

Based on application, the market can be divided into Car Travel, Yacht, Family, Hiking and Cycling, Other. Car Travel will be the dominating segment.

Driving Factors

"Increasing spending on luxurious and comfortable furnishings will drive market "

Building, maintaining, and altering consumer demand has been significantly influenced by social media and television cookery programmers. The skill of plating and serving is frequently emphasized in programmers including The Great British Bake Off, Chopped, Top Chef, Good Eats, Hell's Kitchen, Chef's Table, Master Chef, Iron Chef, and The Kitchen. Serving platters, bowls, boards, trays, compotes, and tiered stands actively contribute to this goal by strategically arranging food to enhance the eating experience. Food bloggers and social media influencers place a lot of attention on appealing and aesthetic plating to make food seem lovely and appetizing on sites like Pinterest and Instagram. This pattern will keep having a favorable effect on market expansion.

"Increasing Material Consumption to Boost Product Demand "

Serveware is produced from a broad range of raw materials, including metals like copper, aluminum, silver, and steel as well as plastic, glass, ceramic, and wood. Because copper conducts heat well, copperware keeps meals hot for longer. One of the main demands made by customers is the use of materials. As a response, businesses have begun developing inventive items that double as serveware, cookware, and bakeware. Hawkins Further, for instance, sells cook-n-serve bowls that can be used for both cooking and serving.

Restraining Factors

"High Production Process and Limiting Raw Material Costs may Hamper Market "

For this market, there are several affordable options that are easily available. These elements are operating as significant market difficulties. The materials are expensive and have greater production expenses, which increases the cost of the finished product. To support the tailored fitments that will endure over time, the materials used to create such items exhibit a variety of features, including corrosion resistance, crack-proofness, and outstanding tensile strength. However, the high cost associated with producing such goods eventually suppresses customer demand, hence limiting market expansion.

Outdoor Serveware Market Regional Insights

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"Europe Will Be the Leading Region During Forecast Period"

In 2018, the largest geographical market for serveware was in Europe, which accounted for almost 30% of worldwide sales. Amara Living Ltd, Bernardaud, Christofle, Crate and Barrel, Dansk, Legle Legrand Lebouc, Mario Luca Giusti, and Porzellanmanufaktur Fürstenberg GmbH are a few of the largest and oldest ceramic and stoneware producers in the area. They are well known for their fine serveware. The dinnerware produced by these actors is characterised by the impact of art, culture, and history.

The serveware market is anticipated to develop at the quickest rate in Asia Pacific, with a CAGR of 4.2% from 2019 to 2025. Ceramic-based serveware has long been used in nations like Japan and China, and homes in developing nations like India and Bangladesh have been gradually adopting it.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• Borosil Glass Works Ltd (India)
• Arc International (U.S.)
• La Opala RG Limited (India)
• Le Creuset, Nambe LLC (U.S.)
• Churchill China plc (U.K.)
• All-Clad Metalcrafters, LLC (U.S.)
• Fiskars Group (Finland)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.