Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
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According to a research report published by Spherical Insights & Consulting, the Global Glass Tableware Market Size is Expected to Grow from USD 12.89 Billion in 2023 to USD 20.74 Billion by 2033, Growing at a CAGR of 4.87% during the forecast period 2023-2033.
Browse key industry insights spread across 215 pages with 110 Market data tables and figures & charts from the report on the Global Glass Tableware Market Size, Share, and COVID-19 Impact Analysis, By Type (Drinkware, Dinnerware, Serveware, and Others), By End-user (Residential and Commercial), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
Glass tableware includes bowls, dishes, cups, and serving pieces made of glass, such as wine glasses, plates, tumblers, and vases. Significant for its transparency, style, and adaptability, it enhances table settings and enhances both formal and casual dinners. Lightweight glass dinnerware is one of the most recent versions, which enhances the dining experience while being easy to handle and store. Glass tableware has become increasingly appealing to consumers due to improvements in quality and diversity brought about by advancements in glass production techniques. Additionally, the growing demand for unique and visually appealing items by customers fuels the market expansion for artisanal and handcrafted glass dinnerware. The demand for glass tableware is rising as a result of the growth of the hotel industry and more structured purchasing of goods. By providing customers with convenient access to a large selection of products, the growing sales of glass tableware through online platforms have further aided market progress. However, a limiting issue in the market's expansion is the product's lower durability.
The dinnerware segment holds the highest market share of the global glass tableware market through the projected timeframe.
Based on the type, the glass tableware market is classified into drinkware, dinnerware, serveware, and others. Among these, the dinnerware segment holds the highest market share of the global glass tableware market through the projected timeframe. The growing popularity of dining at home and the expansion of the hospitality sector have increased demand for classy high-quality dishes. Premium glass tableware has also become more popular among customers as a result of rising disposable incomes and a move toward more upscale dining experiences. Glass dinnerware's appeal is further fueled by its adaptability, robustness, and capacity to improve meal presentation. Thus, one of the main factors propelling the glass tableware market's expansion is the dinnerware market.
The commercial segment is expected to hold the largest market share of the global glass tableware market through the projected period.
Based on the end-user, the glass tableware market is classified into residential, commercial, and industrial. Among these, the commercial segment is expected to hold the largest market share of the global glass tableware market through the projected period. The wide product line, which includes serverware, candleware, tableware, and drinkware, is responsible for the segment's growth. Glass tableware is anticipated to become more in demand in the commercial sector, which includes hotels, resorts, restaurants, bars, and cafes, because to the growing interest in travel and opulent staycations.
Asia Pacific is expected to hold the largest share of the glass tableware market through the forecast period.
Asia Pacific is expected to hold the largest share of the glass tableware market through the forecast period. The growing demand for premium and attractive tableware, which corresponds with changing lifestyles and increased disposable incomes, is one of the drivers propelling the region's expansion. With a growing middle class that appreciates fine dining experiences, nations such as China, India, and Japan are leading the way in this expansion. The region's leadership in the market is also a result of its robust manufacturing capabilities and a wide range of domestic and foreign brands.
North America is predicted to grow at the fastest CAGR of the glass tableware market over the forecast period. Several types of reasons contribute to this strong growth, one of which is the growing demand from consumers for fine and attractive dinnerware. Demand is also being fueled by trends in home entertaining and dining as well as a growing focus on eco-friendly and sustainable products. The market's growth is also facilitated by advancements in the design and production of glassware as well as the impact of home décor and lifestyle trends.
Competitive Analysis
Major key players in the glass tableware market include ARC International S.A., Lenox Corporation, Anchor Hocking LLC, Sisecam Group, Libbey Inc., Borosil Glass Works Ltd., Bormioli Rocco Group, LaOpala R.G. Ltd., Kavalier Glass A.S., World Kitchen LLC, and Others.
Recent Developments
Key Target Audience
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the glass tableware market based on the below-mentioned segments:
Global Glass Tableware Market, By Type
Global Glass Tableware Market, By End-User
Global Glass Tableware Market, By Regional Analysis
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