IndexBox has just published a new report: World - Paper Tablecloths And Serviettes - Market Analysis, Forecast, Size, Trends And Insights.
The global paper tablecloths and serviettes market is expected to see continued growth in both volume and value terms, with forecasts indicating a positive trajectory through 2030. The market is projected to expand with a CAGR of 2.4% in volume and 5.2% in value from 2022 to 2030. China, the United States, and India are among the largest consumers of paper tablecloths, with China also leading in production. The United States tops the list of importers, while China, Germany, and Italy are major exporters. The market is characterized by relatively stable consumption, production, import, and export patterns, with some countries experiencing higher rates of growth in various aspects of the market.
Market Forecast
Market Forecast
Driven by increasing demand for paper tablecloths and serviettes worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +2.4% for the period from 2022 to 2030, which is projected to bring the market volume to 6.5M tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +5.2% for the period from 2022 to 2030, which is projected to bring the market value to $25.6B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Paper Tablecloths And Serviettes
In 2022, approx. 5.4M tons of paper tablecloths and serviettes were consumed worldwide; rising by 3.5% against the previous year's figure. In general, consumption recorded a relatively flat trend pattern. Over the period under review, global consumption attained the maximum volume at 5.6M tons in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.
The global paper tablecloths market value totaled $17.1B in 2022, surging by 2.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the market value increased by 8.9% against the previous year. Over the period under review, the global market reached the maximum level at $19.6B in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.
Consumption By Country
China (954K tons) constituted the country with the largest volume of paper tablecloths consumption, accounting for 18% of total volume. Moreover, paper tablecloths consumption in China exceeded the figures recorded by the second-largest consumer, the United States (414K tons), twofold. The third position in this ranking was taken by India (362K tons), with a 6.7% share.
From 2012 to 2022, the average annual growth rate of volume in China amounted to +2.4%. The remaining consuming countries recorded the following average annual rates of consumption growth: the United States (+0.8% per year) and India (+2.6% per year).
In value terms, the largest paper tablecloths markets worldwide were China ($3.2B), Japan ($2.1B) and Turkey ($1.6B), with a combined 40% share of the global market.
China, with a CAGR of +6.0%, saw the highest growth rate of market size among the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.
The countries with the highest levels of paper tablecloths per capita consumption in 2022 were Italy (5.9 kg per person), Spain (3.8 kg per person) and Turkey (1.5 kg per person).
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Spain (with a CAGR of +2.8%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Paper Tablecloths And Serviettes
In 2022, approx. 5.3M tons of paper tablecloths and serviettes were produced worldwide; increasing by 3.4% compared with the previous year's figure. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 7.7% against the previous year. Over the period under review, global production hit record highs at 5.5M tons in 2017; however, from 2018 to 2022, production failed to regain momentum.
In value terms, paper tablecloths production expanded to $17B in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by 21%. As a result, production attained the peak level of $24B. From 2019 to 2022, global production growth remained at a lower figure.
Production By Country
China (1M tons) remains the largest paper tablecloths producing country worldwide, accounting for 19% of total volume. Moreover, paper tablecloths production in China exceeded the figures recorded by the second-largest producer, Italy (389K tons), threefold. The third position in this ranking was taken by India (362K tons), with a 6.8% share.
From 2012 to 2022, the average annual growth rate of volume in China amounted to +2.6%. The remaining producing countries recorded the following average annual rates of production growth: Italy (+3.0% per year) and India (+2.5% per year).
Imports
World Imports of Paper Tablecloths And Serviettes
In 2022, purchases abroad of paper tablecloths and serviettes increased by 16% to 445K tons, rising for the second year in a row after three years of decline. In general, imports continue to indicate a relatively flat trend pattern. Over the period under review, global imports hit record highs at 495K tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.
In value terms, paper tablecloths imports soared to $1.3B in 2022. Overall, imports continue to indicate modest growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports By Country
In 2022, the United States (91K tons), distantly followed by Germany (44K tons), France (29K tons), Canada (24K tons), the UK (23K tons) and Spain (21K tons) represented the major importers of paper tablecloths and serviettes, together comprising 52% of total imports. The Netherlands (16K tons), Austria (13K tons), Switzerland (12K tons), Sweden (12K tons), Australia (11K tons), Belgium (11K tons) and Denmark (9.1K tons) followed a long way behind the leaders.
The United States was also the fastest-growing in terms of the paper tablecloths and serviettes imports, with a CAGR of +6.8% from 2012 to 2022. At the same time, the Netherlands (+4.7%), Spain (+3.9%), the UK (+2.0%), Denmark (+1.9%), Sweden (+1.3%) and France (+1.0%) displayed positive paces of growth. Switzerland and Germany experienced a relatively flat trend pattern. By contrast, Belgium (-2.2%), Canada (-2.8%), Australia (-2.8%) and Austria (-4.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States increased by +9.2 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest paper tablecloths importing markets worldwide were the United States ($196M), Germany ($141M) and France ($100M), together comprising 32% of global imports. Canada, the UK, the Netherlands, Spain, Switzerland, Austria, Belgium, Australia, Sweden and Denmark lagged somewhat behind, together comprising a further 38%.
The Netherlands, with a CAGR of +7.4%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
In 2022, the average paper tablecloths import price amounted to $3,030 per ton, increasing by 8.6% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 9.2% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Switzerland ($4,119 per ton), while the United States ($2,147 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+6.2%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Paper Tablecloths And Serviettes
In 2022, overseas shipments of paper tablecloths and serviettes increased by 16% to 407K tons, rising for the second consecutive year after four years of decline. The total export volume increased at an average annual rate of +1.2% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the global exports hit record highs at 420K tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.
In value terms, paper tablecloths exports skyrocketed to $1.4B in 2022. The total export value increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports By Country
In 2022, China (71K tons), Germany (58K tons) and Italy (49K tons) represented the major exporter of paper tablecloths and serviettes in the world, mixing up 44% of total export. The United States (27K tons) held a 6.7% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (6.5%) and Poland (5.1%). The following exporters - Canada (18K tons), Portugal (15K tons), Slovakia (13K tons), Spain (10K tons), Austria (7.7K tons), Belgium (6.7K tons) and Turkey (6.5K tons) - together made up 19% of total exports.
From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +7.2%), while shipments for the other global leaders experienced more modest paces of growth.
In value terms, the largest paper tablecloths supplying countries worldwide were Germany ($270M), China ($239M) and Italy ($143M), with a combined 48% share of global exports.
Among the main exporting countries, China, with a CAGR of +11.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
In 2022, the average paper tablecloths export price amounted to $3,345 per ton, surging by 11% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($4,628 per ton), while Turkey ($2,100 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.3%), while the other global leaders experienced more modest paces of growth.
Source: IndexBox Market Intelligence Platform
