Luxury Tableware News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The global luxury tableware market size is expected to register a significant CAGR during the forecast period 2020 to 2027. The rising adoption of luxury lifestyle and the increasing disposable income among people are some major factors to drive the market growth. Furthermore, the rising e-commerce industry across the globe and an increasing number of online customers are increasing the demand for the tableware market. The global luxury tableware market is segmented into type, application, distribution channel, and region. On the basis of application, the global luxury tableware market is segmented by household and commercial applications. The commercial application segment dominated the market in 2019 and accounted for over 70% of the market share in terms of revenue. The segment holds a wide range of products such as dinnerware, serve ware, and drinkware. Furthermore, the increasing number of hotels, café, pubs, and restaurants are projected to boost the segment growth over the f

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