Press release
The Glassware Market size was valued at USD 16.0 Bn in 2022, and it is expected to grow at a CAGR of 5.1 Percent from 2023 to 2029, reaching nearly USD 22.9 Bn.
Glassware Market
The Glassware Market report provides an in-depth analysis of the global market in the Glass industry, covering aspects such as material, product type, price point, end user, and region. The research methodology involves analyzing product-type literature, industry releases, annual reports, and other relevant documents of key industry participants. The report highlights the product's competitive position and focuses on technological advancements to establish dominance in the global glassware market. It aims to offer valuable insights and assist investors in making decisions and understanding market dynamics related to the glass industry.
Key players in the Glassware Market include Steelite International, Villeroy & Boch AG, Degrenne, Taiwan Glass Industry Corporation, Garbo Glassware, Shandong Huapeng Glass Co., Ltd., Ocean Glass Public Company Limited, Libbey Glass LLC, Zrike Brands, Glass Tech Life, Guangzhou Jing Huang Glassware Co., Ltd, Anhui Deli daily Glass Co., Ltd, Lifetime Brands, Inc, Sisecam, Anchor Hocking Group, Inc, Lenox Corporation, and Borosil Limited.
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What are Glassware Market Dynamics:
The market is driven by increasing investments and business expansion in the food service industry, rising spending on hotels and restaurants, and growing penetration of cafes and bars. Glassware enhances the aesthetic appeal of tables and service areas in F&B establishments, leading to rising demand for high-quality glass lab ware and industrialization.
However, the market growth may be restrained by factors such as the high cost of glassware used in laboratories and hotels, and the rising demand for paper-based and steel drinkware. Additionally, the shift towards urbanization and the growing number of bars across the world foster the market's growth.
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Glassware Market Regional Insights:
The Asia Pacific region is predicted to hold the highest market share over the forecast period. Rising urbanization in countries like China and India and the growing number of restaurants and bars in the region are likely to drive market growth.
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What is Glassware Market Segmentation:
By Material:
Soda Lime Glass
Crystal Glass
Borosilicate Glass
Heat Resistant Glass
By Product Type:
Coffee Mug
Wine Glass
Everyday Glass
Spirit Glass
Beer Mug
Pitchers
Tea Cup
Glass Jars
Others
By Price Point:
Premium
Medium
Economy
By Distribution Channel:
Hypermarkets and supermarkets
Specialized Stores
Online Retail
Others
By End User:
Households
Hotels and Restaurants
Corporate canteens
Café and Bars
Others
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Who are Glassware Market Key Players:
1. Steelite International (UK)
2. Villeroy & Boch AG(Germany)
3. Degrenne(France)
4. Taiwan Glass Industry Corporation(Taiwan)
5. Garbo Glassware (China)
6. Shandong Huapeng Glass Co., Ltd. (China)
7. Ocean Glass Public Company Limited (Thailand)
8. Libbey Glass LLC(US)
9. Zrike Brands (US)
10. Glass Tech Life
11. Guangzhou Jing Huang Glassware Co, Ltd (China)
12. Anhui Deli Daily Glass Co., Ltd (China)
13. Lifetime Brands, Inc (US)
14. Sisecam (Turkey)
15. Anchor Hocking Group, Inc.(US)
16. Lenox Corporation (US)
17. Borosil Limited
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Table of content for the Glassware Market includes:
1. Global Glassware: Research Methodology
2. Global Glassware Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
1. Global Glassware Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
1. Global Glassware Market Segmentation
• Global Market, by Material (2022-2029)
• Global Market, by Product Type (2022-2029)
• Global Market, by Price Point (2022-2029)
• Global Market, by Distribution Channel (2022-2029)
• Global Market, by End User (2022-2029)
1. Regional Glassware Market (2022-2029)
• Regional Market, by Material (2022-2029)
• Regional Market, by Product Type (2022-2029)
• Regional Market, by Price Point (2022-2029)
• Regional Market, by Distribution Channel (2022-2029)
• Regional Market, by End User (2022-2029)
• Regional Market, by Country (2022-2029)
1. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Material, Product Type, Price Point, Distribution Channel and End User
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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