New Report Explores Glass Tableware Market till 2024

Market Research Reports Search Engine (MRRSE) has been acting as an impressive data source when it comes to evaluating various industrial verticals. The research report titled “Global Glass Tableware Market” offers a clear insight about the Glass Tableware assessed over the global platform. This analysis proves beneficial for readers & new investors who are aiming to enter the market for Glass Tableware in the near future.

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Glass tableware comprises of products which are utilized for serving food for dining as well as for other purposes. Presently, the market for glass tableware is spread across different regions with the involvement of more than 400 manufacturers.

Report offers a clear picture about the major players and market regions connected to the global glass tableware sector. Further, it is estimated the global market for glass tableware is anticipated to rise at a CAGR of 6.1% during the forecast period 2016-2024. Maintaining this pace, the market is projected to reach US$14.2 Billion in 2024, from a previous value of US$ 8.8 Billion in 2015.

In the past, the purchase of glass tableware products was restricted only to the upper-class population and a part of the upper middle-class population. However, in recent times, these products have acquired popularity among consumers across all income groups; primarily powered as a result of increasing disposable income of the consumers. The research study initiates with the research highlights and key market indicators. Further, the market dynamics such as drivers, and restraints are carefully mentioned to inform the readers. Focusing on the market drivers, at present, the increasing awareness connected to environmental hazards from plastic and its non-biodegradable characteristics, the market for glass tableware has gained a positive boost.

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As the report proceeds, the readers can catch hold of information regarding the major market regions. This smart research report bifurcates the global glass tableware market into North America, Europe, the Middle East, Latin America and Asia Pacific. Each of these regions is analyzed on the basis of revenue share and revenue forecast for the period 2015-2024. Further, the market is segmented on the basis of product type which includes beverageware (tea pots, coffee/tea jugs, pitchers, coffee brewers), baby bottles, and others (cookpots, roasters, bakeware etc.).  

The final section of the report discusses the most active players from the global glass tableware market. Some of the prominent companies targeted in the report are Libbey Inc., Anchor Hocking LLC, Bomiolli Rocco SpA, ARC International S.A., Sisecam Group, Lenox Corporation, World Kitchen LLC and Wolomin S.A. These players are evaluated on the basis of market share while keeping the stern attention of factors such as major strategies, revenue & operating profit and SWOT analysis.

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This release was published on openPR.