Aug 12, 2020
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How does Glass Tableware Industry grow?
The expansion of the catering and hotel industries due to the increased popularity of eating is predicted to increase demand for glass tableware with aesthetic appeal. Glass dinnerware is the most popular since it has no holes and hence does not enable bacteria to develop. As a consequence of increased health-consciousness, the transition from plastic to glass dinnerware is predicted to accelerate throughout the projection period. Glass tableware comes in a range of finishes, including clear, colored, and matte.
Because of its low cost, glass dinnerware is gaining popularity in both the home and commercial sectors. Their lack of reactivity contributes to their overall endurance. The global expansion of the tourist sector is increasing demand for glass dinnerware. As diverse industries are opting for eco-friendly and environmentally sound products, the Growth of Glass Tableware increases.
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Get Free Sample Report "Global Glass Tableware Market" By Product Type, End-Users,Share Analysis, Application, Geography - Industry Trends and Forecast to 2025
Market Analysis: Global Glass Tableware Market
The Global Glass Tableware Market is expected to reach USD 13.47 billion by 2025, from USD 10.8 billion in 2017 growing at a CAGR of 2.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Market Definition: Global Glass Tableware Market
Glass tableware is defined as the object that is made from glass such as cups, wine glass, cutlery items and others.
Due to change in the lifestyle of population and disposable incomes has a major drivers for the growth of this market.
The European Union is the world’s largest glass market, both in terms of production and consumption. The European glass industry comprises of around 1,000 companies and accounts for more than one-quarter of the non-metallic mineral sector. The glass industry in Europe, as is the case worldwide, is highly concentrated, with over 80 per cent of glass produced bylessthan a dozen multinationals each employing over 1,000 employees. The other companies are small or medium-sized, mainly producing specialist or luxury glass products. There were 180,000 people directly employed in the glass industry in the EU-27 in 2013, with up to 500,000 jobs indirectly linked to the industry.
Market Drivers:
Change in lifestyle
Adoption of luxuries items
Growth of the hotel
Growth of catering industry
Disposable incomes
Market Restraints:
Competitions among the market player
Availability of cheap products
Segmentation: Global Glass Tableware Market
By Product Type
Beverageware
Tableware
Baby Bottles
Others
By Geography
North America
Europe
Asia-Pacific
South America
Middle East & Africa
U.S.
Canada,
Mexico
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
Rest of Asia Pacific
Brazil
Argentina
Rest of South America
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East and Africa
Competitive Analysis: Global Glass Tableware Market
The global Glass Tableware market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of organic pigments market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In April, 2018, RAK Porcelain USA and Stölzle Glassware Enters into a Joint Distribution Agreement Lifetime Brands to acquire Filament GET This move is set to expand the footprints of the partner duo and increase their dominance in the market.
Key Market Competitors: Global Glass Tableware Market
The key players operating in the global Glass Tableware market are –
Libbey Inc.
ARC International S.A
Anchor Hocking LLC
Şişecam Group
Bormioli Rocco S.r.l.
The other players in the market are Wuerttembergische Metallwarenfabrik AG, Lenox Corporation, World Kitchen LLC, LaOpala RG Limitied, Borosil Glass Works Ltd, Kavalierglass of North America, Inc., Termisil Huta Szkla Wolomin S.A., The Oneida Group, DeLi, Zhejiang Chengtai Industrial Co., Ltd., Pearl Glass, Ocean Glass Public Company Limited, ABERT SPA, Anhui Deli daily Glass Co., Ltd., China Yong Feng Yuan Co., LTD., Belleek Pottery Ltd. (UK), Inter IKEA Systems B.V., Lifetime Brands, Inc. (USA), Pfaltzgraff, Mikasa, KOMPASS INTERNATIONAL SA.
Research Methodology: Global Glass Tableware Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
Historical and current market size and projection up to 2025
Market trends impacting the growth of the global glass tableware market
Analyze and forecast glass tableware market on the basis of product type
Trends of key regional and country-level markets for product type
Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
Inquire for Glass Tableware Market Competitive Analysis, Trends and Forecast till 2025, with free sample copy of the report.
Inquire for Glass Tableware Market Competitive Analysis, Trends and Forecast till 2025, with free sample copy of the report.
New study: Glass Tableware Market Research Report 2017
New study: Glass Tableware Market Research Report 2017
With the slowdown in world economic growth, the Glass Tableware industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Glass Tableware market size to maintain the average annual growth rate of 1.87% from 3500 million $ in 2013 to 3700 million $ in 2016, BisReport analysts believe that in the next few years, Glass Tableware market…
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Get EMEA (Europe, Middle East and Africa) Glass Tableware Market Report 2017 from Reports Monitor. Request your free sample now.
Geographically, this report split EMEA into Europe, the Middle East and Africa, With sales (K Units), revenue (Million USD), market share and growth rate of Glass Tableware for these regions, from 2012 to 2022 (forecast) Europe: Germany, France, UK, Russia, Italy and Benelux; Middle East: Saudi Arabia, Israel, UAE and Iran; Africa: South Africa, Nigeria, Egypt and Algeria.
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Global Glass Tableware Market 2017- Libbey, EveryWare Global, Arc International , Sisecam, Bormioli
Global Glass Tableware Market 2017- Libbey, EveryWare Global, Arc International , Sisecam, Bormioli
The worldwide Glass Tableware Market report is an in-depth research on the current situation of the Glass Tableware industry. The research study of Global Glass Tableware Market 2017 offers a strategic assessment of Glass Tableware market. The industry report focuses on the growth opportunities, which will help the Glass Tableware industry to expand operations in the existing markets globally.
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