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Moomin Characters Debuts Innovative Embossed Glass Tableware Collection Industry Trends Gaining Momentum in the Global Glass Tableware Market
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Glass Tableware Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent years, there has been a significant expansion in the glass tableware market. It's projected to rise from a worth of $11.85 billion in 2024 to a value of $12.55 billion in 2025, translating to a compound annual growth rate (CAGR) of 6.0%. Factors contributing to this growth during the historic period include an increase in consumer preference for durable and fashionable tableware, a rise in demand for eco-friendly and sustainable materials, the proliferation of lifestyle and home decor magazines, a rise in the number of trade shows and exhibitions, and an increase in the number of cafes and restaurants.
Glass Tableware Market Size Forecast: What's the Projected Valuation by 2029?
Predictions for the glass tableware market suggest robust expansion in the coming years, with a projected increase to $16.05 billion by 2029, and a compound annual growth rate (CAGR) of 6.3%. The anticipated growth during the forecast period can be linked to factors such as the expansion of the hospitality sector, rising urban population, higher demand for high-end tableware, increased tableware sales, and the growing trend of home entertainment and informal dining. Key trends expected to shape the forecast period feature technological progress, environment-friendly materials, simplified designs, innovative glassware, and premium packaging.
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What Are the Drivers Transforming the Glass Tableware Market?
The expected growth of the glass tableware market is anticipated to be fueled by the rise in the hospitality industry. The term hospitality sector encompasses a wide range of service industry fields focused on customer service in domains such as accommodation, food and drinks, leisure activities, travel, and tourism. This sector's growth is attributed to increased global travel, the expansion of business activities, emphasis on individual experiences, technological advancements, and the sharing economy's surge. Glass dinnerware tremendously benefits the hospitality industry due to its aesthetic appeal, versatility, durability, and effortless maintenance, thus elevating dining experiences. For instance, Unilever plc, a UK-based company that supplies nutritional, hygiene, and personal care items, stated in June 2023 that the global hospitality sector was valued at $4.7 trillion in 2023 and projected a 23.8% growth over the coming four years. As a result, the expansion of the hospitality sector is propelling the glass tableware market's growth.
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Which Fast-Growing Trends Are Poised to Disrupt the Glass Tableware Market?
Several leading businesses in the glass tableware industry are prioritizing the creation of groundbreaking products such as embossed tableware. This approach is aimed at expanding their design offerings and satisfying the changing tastes of customers. Embossed tableware is a type of glass item that features sophisticated, raised or depressed designs and patterns on its face. Various techniques, including but not limited to molding or etching, are employed to create these designs allowing for a high-quality, three-dimensional texture. In an example from January 2024, the Finland-based online shopping platform, Moomin Characters Oy Ltd, rolled out its premier collection of glass tableware. This collection spotlight distinctive designs that draw inspiration from the cherished Moomin characters, integrating fanciful patterns and bold colors that add a sense of fun and nostalgia to meal times. The glass tableware is made from robust, superior-quality materials, guaranteeing an appealing look and longevity.
Which Segments in the Glass Tableware Market Offer the Most Profit Potential?
The glass tableware market covered in this report is segmented -
1) By Product Type: Beverage Ware, Tableware, Baby Bottles, Other Product Type
2) By Sales Chanel: Hyper markets Or Super markets, Specialty Stores, Multi-brand Stores, Convenience Stores, Online Retailers, Wholesalers And Distributors, Other Sales Channels
3) By End-Use: Household, Commercial
Subsegments:
1) By Beverage Ware: Glass Cups And Mugs, Glass Tumblers, Wine Glasses, Beer Glasses And Steins, Specialty Glassware (Whiskey Tumblers, Cocktail Glasses)
2) By Tableware: Glass Plates And Platters, Glass Bowls, Glass Serving Dishes, Glass Cutlery Holders, Glass Chargers And Coasters
3) By Baby Bottles: Glass Baby Bottles With Nipples, Glass Baby Feeding Bottles, Glass Baby Bottle Sets, Anti-Colic Glass Baby Bottles
4) By Other Product Type: Glass Kitchen Storage Containers, Glass Jars And Canisters, Glass Decorative Items (Vases, Candle Holders), Glass Cookware (Baking Dishes, Pie Plates)
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Which Firms Dominate the Glass Tableware Market by Market Share and Revenue in 2025?
Major companies operating in the glass tableware market are Saint-Gobain S.A., Spiegelau GmbH, AGC Inc., Arc International S.A., Nippon Sheet Glass Co. Ltd, Riedel Crystal, Taiwan Glass Industry Corporation, Moser a.s., Fiskars Group, Corelle Brands LLC, Villeroy & Boch AG, Libbey Inc., Anchor Hocking, LLC, Vitro S.A.B. de C.V., Steklarna Hrastnik d.o.o., Dartington Crystal Ltd., Bormioli Rocco S.p.A., Orrefors Kosta Boda AB, Krosno Glass S.A., Waterford Crystal Limited, Pasabahce Cam Sanayi ve Ticaret A.S., La Rochère SAS, Bohemia Crystal, Zwiesel Kristallglas AG
Which Regions Offer the Highest Growth Potential in the Glass Tableware Market?
Asia-Pacific was the largest region in the glass tableware market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the glass tableware market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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