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Serveware Market Size To Reach $16.63 Billion By 2030

Serveware Market Size To Reach $16.63 Billion By 2030

January 2025 | Report Format: Electronic (PDF)

Serveware Market Growth & Trends

The global serveware market size is expected to reach USD 16.63 billion by 2030, according to a new report by Grand View Research, Inc., registering a CAGR of 3.5% from 2024 to 2030. The growing popularity of ceramic ware and glassware in households across the globe has been propelling the market. The versatility of serveware in commercial applications is also a key factor driving the market. In addition to being aesthetically pleasing, these tableware are suitable for cooking as well as heating in the microwave/oven. The shortcoming of ceramics being breakable and fragile is overcome with the introduction of melamine serveware, which is known to be shatterproof and much more durable.

The growing trend of buffet system for various meals in restaurants across countries such as the U.S., the U.K., Italy, Hong Kong, China, and India has been a key factor boosting the demand for serving ware, including metal and ceramic chafing dishes. In several North American and European countries, breakfast and lunch buffets are very popular, and hosting such meals requires a lot of serveware, which is driving the market.

Players have been competing on design and product innovation, looking to incorporate some of the latest trends in the industry. For instance, EcoBurner’s patented range of chafing dishes is known to be safer, greener, and cleaner than gel and wick variants available in the market. These zero fuel waste burners and serveware produce 75% fewer carbon emissions, have no toxic fumes, and always stay cool to touch. The chafing dishes are being widely adopted across the globe, in countries like Dubai, Abu Dhabi, Mexico, Singapore, Amsterdam, the U.K., and Canada.

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Serveware Market Report Highlights

By product, bowls and platters accounted for more than 30.9 % of the global serveware market revenue in 2023. The dominance is attributed to high popularity and penetration of the products in restaurants and households across the globe
Chafing dishes will register the highest CAGR of 4.3% from 2024 to 2030 owing to rising demand for buffets and other dining systems across restaurants
Metalware accounted for the largest revenue share in 2023. Plastic tableware is expected to witness the fastest growth from 2024 to 2030 owing to the inexpensiveness and wide variety of these products