As per this study the Global Glass Tableware Market was valued USD 13.5 BN (by revenue) in 2022 and is anticipated to reach USD 19.2 BN by 2030 with a CAGR of 4.5%. Regarding volume, the market was calculated XX Thousand Kg in 2022 and forecast to touch XX Thousand Kg by 2030 with a CAGR of XX% during 2023-2030.
Glass tableware is referred to as the glass crockery, and cutlery for the setting table to serve meals. It includes glassware, cups, mugs, dishware, cook pots, casseroles, teapots, bowls and other tableware.
Market Dynamics
The market is gaining remarkable growth on account of rise in disposable income of the potential population. Also, the emergence of the middle-class population, improvement in living standards and rise in purchasing power is another factor driving the market growth. Expanding hotel chains followed by shifting preference towards purchase of luxury items is also contributing the growth of glass tableware market. However, the availability of cheaper products is likely to act as a roadblock for the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of glass tableware.
Market Segmentation
The broad glass tableware market has been sub-grouped into product type. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Type
- Dinnerware (Plates, Bowls, Trays)
- Drinkware (Non-alcoholic Beverages, Alcoholic Beverages, Cups & Saucer, Pitchers, Others (Mugs, Jugs, Etc)),
- Serveware (Roasters, Casseroles, Bakeware, Others (Food Warmer, Etc))
- Others (Coffee Brewers, Storage lars, Etc)
By End-use
- Residential
- Commercial (Hotels And Restaurants, Bаrs, Cafes, Others (Bistro, Resorts, Etc))
By Price
By Distribution Channel
- Online (E-commerce Websites, Company-owned Websites)
- Offline (Hypermarkets / Supermarkets, Specialty Stores, Other Retail Stores)
- Direct Sales (Promotional Sales & Corporate Gifts, HoReCa, Other Stores And Offices)
Regional Analysis
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for glass tableware in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Glass Tableware Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the Glass Tableware market include Anchor Hocking LLC, ARC International SA, Bormioli Rocco SpA, Cristar, Duralex USA, GLASS& GLASS, glassia (Hidalglass SA. de C.V.), Lenox Corporation, Libbey Inc, Nadir Figueiredo, Rigolleau S.A, Santos Decor, Sisecam Group (Pasabahcel). An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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