DUBLIN--(BUSINESS WIRE )--The "LAMEA Organic Dinnerware Market Size, Share & Industry Trends Analysis Report By End User (Commercial and Residential), By Distribution Channel (Offline and Online), By Product (Plates, Bowl Sets, Cup Sets), By Country and Growth Forecast, 2022 - 2028" report has been added to ResearchAndMarkets.com's offering.
The Latin America, Middle East and Africa Organic Dinnerware Market is expected to witness market growth of 7.5% CAGR during the forecast period (2022-2028).
The organic dinnerware market is expected to increase significantly during the upcoming period, owing to the increasing acceptance of organic dinnerware sets or organic-shaped plates by people all over the world in order to take a step toward a greener environment.
Furthermore, rising living standards and a growing preference for every day serving ware for household use in both the residential and business sectors are likely to drive market expansion over the forecast period. Furthermore, emerging trends in ceramic dinnerware, such as earthenware, pottery, paper clay, and others, are expected to generate significant investment possibilities for the market during the upcoming period.
The United Arab Emirates is known for its magnificent hotels, unique hospitality, and numerous lodging alternatives. UAE hotels provide high-quality hotel accommodations to fulfill the needs of both families and business travelers. Vacation hotels with sea views, boutique hotels, city hotels, beach and desert resorts, and eco-resorts in the center of nature reserves are all available. Heritage hotels deliver authentic and one-of-a-kind experiences in the hospitality industry. Some of these hotels are located in the heart of the desert, including those along the Arabian Gulf's coasts. The Burj Al Arab and the Atlantis Hotel are two of the most well-known hotels in the UAE.
The travel and tourism sector contributed roughly AED 180.4 billion to the UAE's GDP in 2019, accounting for 11.6 percent of the total GDP. The total amount spent by overseas tourists in 2019 was AED 143.1 billion. The number of hotels in the UAE has expanded to 1,089 by 2020, with a total capacity of 180,000 hotel rooms. The UAE government aims to increase the total contribution of the tourism sector to the UAE's GDP from 11.9% in 2019 to 15% in 2030. Therefore, the government is likely to invest significantly in this sector. As the hospitality sector in the region grows, the demand for organic dinnerware to cater to the growing number of tourists will increase as well.
The Brazil market dominated the LAMEA Organic Dinnerware Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $32.9 Million by 2028. The Argentina market is estimated to grow at a CAGR of 8.1% during (2022-2028). Additionally, The UAE market is expected to witness a CAGR of 7.2% during (2022-2028).
Market Segments Covered in the Report:
Chapter 1. Market Scope & Methodology
Chapter 3. LAMEA Organic Dinnerware Market by End User
Chapter 4. LAMEA Organic Dinnerware Market by Distribution Channel
Chapter 5. LAMEA Organic Dinnerware Market by Product
Chapter 6. LAMEA Organic Dinnerware Market by Country
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900