Prize flower on top of table, extremely tactile (7)
I believe the answer is:
rosette
'prize' is the definition.
(I've seen this before)
'flower on top of table extremely tactile' is the wordplay.
'flower' becomes 'rose' (I've seen this before**).
'on top of' says to take the initial letters (I've seen 'on top' mean this).
'extremely' says to hollow out the word (remove centre letters).
'tactile' with its middle removed is 'te'.
The initial letter of 'table' is 't'.
'rose'+'t'+'te'='ROSETTE'
(Other definitions for rosette that I've seen before include "Ribbon prize or badge" , "Decoration made of ribbons" , "Cockade" , "Colourful decoration worn by supporters" , "Ribbon badge for prize-winner" .)