#glass tableware

The expansion of the catering and hotel industries due to the increased popularity of eating is predicted to increase demand for glass tableware with aesthetic appeal. Glass dinnerware is the most popular since it has no holes and hence does not enable bacteria to develop. As a consequence of increased health-consciousness, the transition from plastic to glass dinnerware is predicted to accelerate throughout the projection period. Glass tableware comes in a range of finishes, including clear, colored, and matte.

 Because of its low cost, glass dinnerware is gaining popularity in both the home and commercial sectors. Their lack of reactivity contributes to their overall endurance. The global expansion of the tourist sector is increasing demand for glass dinnerware. As diverse industries are opting for eco-friendly and environmentally sound products, the Growth of Glass Tableware increases.

Market Analysis: Global Glass Tableware Market

The Global Glass Tableware Market is expected to reach USD 13.47 billion by 2025, from USD 10.8 billion in 2017 growing at a CAGR of 2.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Market Definition: Global Glass Tableware Market

Glass tableware is defined as the object that is made from glass such as cups, wine glass, cutlery items and others.

Due to change in the lifestyle of population and disposable incomes has a major drivers for the growth of this market.

The European Union is the world’s largest glass market, both in terms of production and consumption. The European glass industry comprises of around 1,000 companies and accounts for more than one-quarter of the non-metallic mineral sector. The glass industry in Europe, as is the case worldwide, is highly concentrated, with over 80 per cent of glass produced bylessthan a dozen multinationals each employing over 1,000 employees. The other companies are small or medium-sized, mainly producing specialist or luxury glass products. There were 180,000 people directly employed in the glass industry in the EU-27 in 2013, with up to 500,000 jobs indirectly linked to the industry.

Market Drivers:

Change in lifestyle

Adoption of luxuries items

Growth of the hotel

Growth of catering industry

Disposable incomes

Market Restraints:

Competitions among the market player

Availability of cheap products

Segmentation: Global Glass Tableware Market

By Product Type

Beverageware

Tableware

Baby Bottles

Others

By Geography

North America

Europe

Asia-Pacific

South America

Middle East & Africa

U.S.

Canada,

Mexico

Germany

France

United Kingdom

Italy

Spain

Russia

Turkey

Belgium

Netherlands

Switzerland

Rest of Europe

Japan

China

South Korea

India

Australia

Singapore

Thailand

Malaysia

Indonesia

Philippines

Rest of Asia Pacific

Brazil

Argentina

Rest of South America

South Africa

Egypt

Saudi Arabia

United Arab Emirates

Israel

Rest of Middle East and Africa

Competitive Analysis: Global Glass Tableware Market

The global Glass Tableware market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of organic pigments market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

In April, 2018, RAK Porcelain USA and Stölzle Glassware Enters into a Joint Distribution Agreement Lifetime Brands to acquire Filament GET This move is set to expand the footprints of the partner duo and increase their dominance in the market.

Key Market Competitors: Global Glass Tableware Market

The key players operating in the global Glass Tableware market are –

Libbey Inc.

ARC International S.A

Anchor Hocking LLC

Şişecam Group

Bormioli Rocco S.r.l.

The other players in the market are Wuerttembergische Metallwarenfabrik AG, Lenox Corporation, World Kitchen LLC, LaOpala RG Limitied, Borosil Glass Works Ltd, Kavalierglass of North America, Inc., Termisil Huta Szkla Wolomin S.A., The Oneida Group, DeLi, Zhejiang Chengtai Industrial Co., Ltd., Pearl Glass, Ocean Glass Public Company Limited, ABERT SPA, Anhui Deli daily Glass Co., Ltd., China Yong Feng Yuan Co., LTD., Belleek Pottery Ltd. (UK), Inter IKEA Systems B.V., Lifetime Brands, Inc. (USA), Pfaltzgraff, Mikasa, KOMPASS INTERNATIONAL SA.

Research Methodology: Global Glass Tableware Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.

The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

Historical and current market size and projection up to 2025

Market trends impacting the growth of the global glass tableware market

Analyze and forecast glass tableware market on the basis of product type

Trends of key regional and country-level markets for product type

New study: Glass Tableware Market Research Report 2017

With the slowdown in world economic growth, the Glass Tableware industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Glass Tableware market size to maintain the average annual growth rate of 1.87% from 3500 million $ in 2013 to 3700 million $ in 2016, BisReport analysts believe that in the next few years, Glass Tableware market…

Global Glass Tableware Market 2017- Libbey, EveryWare Global, Arc International , Sisecam, Bormioli

The worldwide Glass Tableware Market report is an in-depth research on the current situation of the Glass Tableware industry. The research study of Global Glass Tableware Market 2017 offers a strategic assessment of Glass Tableware market. The industry report focuses on the growth opportunities, which will help the Glass Tableware industry to expand operations in the existing markets globally.

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