Press release
Global Glassware Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities
Glassware
How Big Is the Glassware Market Size Expected to Be by 2034?
The scale of the glassware market has experienced robust growth in the past few years. It's projected to surge from $17.04 billion in 2024 to $18.17 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.7%. Factors such as consumer tastes, economic circumstances, cultural factors, market rivalry, and global trade patterns have contributed to the rise observed in the historical period.
In the coming years, the glassware market is anticipated to witness robust growth, expanding to $22.18 billion by 2023 with a compound annual growth rate (CAGR) of 5.1%. This expected growth during the forecast period can be traced back to factors such as evolving consumer preferences, sustainability movements, financial projections, worldwide market growth, and adjustments in regulations. Principal trends for the prediction timeframe encompass manufacturing innovations, the rise in digitalization and e-commerce, advancements in technology, integration of different technologies, and incredible growth in online retail.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13446
What Are the Emerging Segments Within the Glassware Market?
The glassware market covered in this report is segmented -
1) By Material: Soda Lime Glass, Crystal Glass, Borosilicate Glass, Heat Resistant Glass
2) By Price Point: Premium, Medium, Economy
3) By Distribution Channel: Business-To-Business (B2B), E-Commerce, Super markets And Hyper markets, Specialized Stores, Other Distribution Channels
4) By End-User: Households, Hotels And Restaurants, Corporate Canteens, Cafe And Bars, Other End-Users
Subsegments:
1) By Soda Lime Glass: Glass Bottles, Glass Jars, Drinking Glasses, Containers
2) By Crystal Glass: Crystal Glasses, Crystal Vases, Crystal Bowls, Crystal Decanters
3) By Borosilicate Glass: Laboratory Glassware, Kitchenware, Bakeware
4) By Heat Resistant Glass: Cookware, Oven-Safe Glass Containers, Drinkware
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13446&type=smp
What Long-Term Drivers Are Shaping Glassware Market Trends?
The escalating presence of cafes and bars is fueling the expansion of the glassware market. Cafes and bars are two different types of institutions offering food and drinks, each boasting a unique ambience and distinctive features. To serve an array of beverages such as cocktails, wines, beers, and non-alcoholic drinks, glassware is used in these settings. This helps in improving the drink experience, retaining the quality of drinks and contributing to the overall vibe and identity of the place. For example, in February 2023, Starbucks Corporation, a US coffeehouse company, reported substantial growth in the first financial quarter of 2023, by adding 459 new outlets, bringing their global total to 36,170 locations. By the following quarter, this number went up to 36,634. Starbucks has ambitiously planned to extend their reach to 55,000 outlets worldwide by 2030. Moreover, according to the US restaurant supply store, Budget Branders, there will be an estimated 69,485 registered bars in the US in 2024, indicating a growth of 1.5% from 2022. Hence, the enlarging presence of cafes and bars can be seen as a significant factor contributing to the growth of the glassware market. Glassware Industry Driver: Glassware Market Boosted by Urbanization
Who Are the Top Competitors in Key Glassware Market Segments?
Major companies operating in the glassware market report are Groupe SEB SA, Arc International Tableware UK Ltd., Sisecam Dis Ticaret Anonim Sirketi, Lenox Corporation, Taiwan Glass Industry Corporation, Villeroy & Boch AG, Libbey Glass LLC, Lifetime Brands Inc., The Oneida Group Inc., Anchor Hocking Group Inc., Denby Pottery Company Ltd., Anhui Deli Housedhold Glass Co. Ltd., Shandong Huapeng Glass Co. Ltd., Borosil Limited, DEGRENNE, Ocean Glass Public Company Limited, Cello World Limited, Stölzle Lausitz GmbH, Garbo Glassware, Glasstech Industries (India) Pvt. Ltd., Zrike Brands, Steklarna Hrastnik d.o.o., Eagle Glass Deco Pvt. Ltd., Guangzhou Jing Huang Glassware Co. Ltd., Steelite International Ltd., Jiangsu Rongtai Glass Products Co. Ltd., Cumbria Crystal Limited
What Are the Major Trends Shaping the Glassware Market?
Prominent participants in the glassware industry, like Syksy Nordic in particular, are concentrating their efforts on creating unique pieces such as the autumn rain pattern glassware in order to give breadth to their table-setting range. This particular series is characterised by the amalgamation of practical forms with a hand-illustrated pattern that is reminiscent of autumn showers in the Nordics; ranging from soft rain drizzles to heavy downpours. For instance, in August 2023, Marimekko Oyk, a lifestyle and fashion enterprise hailing from Finland, rolled out the Syksy collection of glassware which includes handcrafted tumblers, carafes, and goblets. Each of these pieces showcases a unique pattern that mirrors the Nordic autumn rainfall, whether soft or intense. Being stackable and compatible with other tableware from Marimekko, these new additions offer a refined touch to the brand's collection of table settings.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/glassware-global-market-report
Which Regions Are Becoming Hubs for Glassware Market Innovation?
Asia-Pacific was the largest region in the glassware market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the glassware market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Glassware Market?
2. What is the CAGR expected in the Glassware Market?
3. What Are the Key Innovations Transforming the Glassware Industry?
4. Which Region Is Leading the Glassware Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Glassware Market Analysis 2025-2030: Growth Drivers, Challenges, And Opportunities here
News-ID: 4024916 • Views: …
More Releases from The Business Research Company
Leading Companies Fueling Growth and Innovation in the Sun Care Products Market
The sun care products market is on track for substantial expansion as consumer awareness about skin protection intensifies worldwide. With evolving preferences and technological advancements shaping product offerings, this sector is set to witness robust growth in the coming years. Let's explore the market's size projections, key players, emerging trends, and major segments driving its development through 2030.
Projected Size and Growth Trajectory of the Sun Care Products Market
The…
Future Perspectives: Key Trends Shaping the Styrene Butadiene Rubber (SBR) Based …
The styrene butadiene rubber (SBR) based adhesive market is on track for notable growth as we approach 2030. Driven by a variety of factors including expanding infrastructure projects and rising demand across multiple industries, this sector is poised for steady expansion. Let's explore the market's size projections, key players, emerging trends, and the main segments shaping its future.
Projected Growth and Market Size of Styrene Butadiene Rubber Based Adhesives
The…
Emerging Sub-Segments Transforming the Stearic Acid Market Landscape
The stearic acid market is poised for significant expansion in the coming years, driven by evolving demand across various industries. This report explores the projected market size, leading companies, key trends, and segment analysis shaping the future of this vital chemical.
Stearic Acid Market Size and Growth Outlook
The stearic acid market is set to grow robustly, reaching a valuation of $54.63 billion by 2030. This represents a compound annual…
Market Trend Insights: The Impact of Recent Innovations on the Specialty Pestici …
The specialty pesticides sector is on the verge of significant expansion as global agricultural practices continue to evolve. Driven by increasing demand for crop protection and sustainable farming techniques, this market is set to experience robust growth in the coming years. Let's explore the market's anticipated value, leading companies, emerging trends, and detailed segmentation to gain a comprehensive understanding of this dynamic industry.
Projected Market Size and Growth Expectations for Specialty…
More Releases for Glass
Depression Glass Market 2023- Industry Revenue and Price | Hazel-Atlas Glass Com …
The Depression Glass market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge status with development…
Auto Glass Market Is Booming Worldwide | Fuyao Glass, Webasto, Xinyi Glass, Asah …
Advance Market Analytics published a new research publication on "Auto Glass Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Auto Glass market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled…
Recycled Glass Market 2023 Business Strategies - Cap Glass, Glass Recycled Surfa …
Newly added by Fior Markets study on Global Recycled Glass Market 2023 contains a detailed analysis of data through industrial dynamics which has a major impact on the growth of the market. The report categorizes the global Recycled Glass market by segmented top key players, type, application, marketing channel, and regions. The report provides a complete understanding of the market in the coming years. It looks over the market with…
Glass Easy-clean Glass Market 2019| Pilkington Glass, PPG Industries, Ravensby W …
The global market status for Easy-clean Glass is precisely examined through a smart research report added to the broad database managed by Market Research Hub (MRH). This study is titled “Global Easy-clean Glass Market” Research Report 2019, which tends to deliver in-depth knowledge associated to the Easy-clean Glass market for the present and forecasted period until 2025. Furthermore, the report examines the target market based on market size, revenue and…
Insulated Glass Market Analysis: Top Companies Includes (Cardinal Glass Industri …
Insulated glass refers to two or more lites of glass sealed around the edges with an air space between, to form a single unit.
Insulating glass is a very effective way to reduce air-to-heat transfer through the glazing. When used in conjunction with low-E and/or reflective coatings, IG units perform even better for conserving energy and complying with local codes. The most common configuration of IG units for commercial building is…
Global Ground Glass Market 2017- CSG, XINYI Glass, JINJING Glass, SYP Glass, Yao …
The market research report by QY Research provides detailed study on the overall Ground Glass market size, its financial positions, its unique selling points, key products, and key developments. This research report has segmented the Ground Glass market based on the segments covering all the domains in terms of type, country, region, forecasting revenues, and market share, along with analysis of latest trends in every sub-segment.
CLICK HERE to Request Sample…
