Comprehensive 2025 Glassware Market Overview: Trends, Forecasts, and Growth Drivers

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What Is the Expected CAGR for the Glassware Market Through 2025?
The glassware market has grown strongly, from $17.04 billion in 2024 to $18 billion in 2025 at a CAGR of 5.6%. Past growth came from consumer preferences, economic shifts, cultural factors, competition, and global trade.

What's the Projected Size of the Global Glassware Market by 2029?
Projected to maintain a stable growth trajectory in the following years, the glassware market is estimated to expand to a value of $21.75 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 4.9%. This growth for the projected period could be ascribed to factors such as evolving consumer demands, inclination towards sustainability, economic prospect, worldwide market expansion, and legislative alterations. The forecast period also reveals several key trends including manufacturing innovation, digitalisation, and e-commerce expansion, advancements in technology, incorporation of technology, and growth in online retail.

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Top Growth Drivers in the Glassware Industry: What's Accelerating the Market?
The glassware market is seeing exponential growth, propelled by the increasing prevalence of cafes and bars. These two different kinds of establishments, each with their peculiar traits and ambiance, serve food and beverages. Glassware plays a crucial role in cafes and bars, used to serve an array of beverages such as cocktails, wines, beers, and non-alcoholic drinks. They enhance the drinking experience, preserve the drink quality, and are pivotal in defining the overall vibe and identity of the place. For instance, Starbucks Corporation, a coffeehouse company from the US, reported significant growth in the first quarter of the fiscal year 2023, adding 459 new stores, taking their global tally to 36,170. By the second quarter, they increased this figure to 36,634. Starbucks plans to expand its global footprint to 55,000 stores by 2030. Moreover, according to Budget Branders, a US-based restaurant supply store, in 2024, there will be around 69,485 registered bars in the US, reflecting a 1.5% growth from 2022. Hence, the increase in the presence of cafes and bars is predicted to fuel the advancement of the glassware market.

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What Trends Will Shape the Glassware Market Through 2029 and Beyond?
Leading firms in the glassware industry like Marimekko Oyk are honing their creativity by introducing unique designs, like the Syksy Nordic autumn rain glassware series, to augment their range of table-setting offerings. This concept is drawn from the changeable dynamics of autumn rain in the Nordic region, shifting from a light mist to a heavy downpour. In August 2023, Marimekko Oyk, a company from Finland specializing in fashion and lifestyle, kicked off the Syksy series of glassware. The collection includes exquisite mouth-blown tumblers, goblets, and carafes. The design of these pieces depicts the evolution of Nordic autumn rain, from the gentle showers to torrential rains. These glassware items are not only stackable and combinable with other Marimekko tableware but also provide an elegant extension to the brand's table-setting category.

What Are the Main Segments in 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, Supermarkets And Hypermarkets, 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

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Which Top Companies are Driving Growth in the Glassware Market?
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

Which Regions Will Dominate the Glassware Market Through 2029?
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.

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