Glass Tableware Market Synopsis:
Glass Tableware Market Size Was Valued at USD 10.58 Billion in 2023, and is Projected to Reach USD 20.97 Billion by 2032, Growing at a CAGR of 7.9 % From 2024-2032.
This report adds light to the Glass Tableware Market and covers all products that are made from glass and including plates bowls glasses serving wares and dining wares. These are employed widely in the residential, commercial, and most especially hospitality industries because are hard-wearing, aesthetically pleasing, and recyclable. This is because for instance glass as a material is highly marketized due to its reliability, especially in dining sections, or the aesthetic value was viewed as a sustainable reward if used in the globe’s market.
The global market for glass tableware has been on the rise for many years due to increased demand for quality as well as ornamental tableware. Increased purchasing power of disposable income has led to better placement of the lifted glass tableware usage in both consumer and commercial areas especially in developing markets; In addition, up to everything stated above, there are still two more factors that remain significant in instigating glass tableware consumers moves towards sustainability and becoming wary of the effects they are making on their natural environment. The market is divided by product type, user, and channel of distribution and will continue to grow as a result of innovation as well as increased technological development.
Especially in market segments namely the hotel and restaurant business, must take account for large market share because they are keen on high quality and fashionable utensils as they complement the dignity of fine dining. Thirdly, F&B outlets and new generation online retail have created demands pushing the development of the glass tableware market in all regions and thereby boosted sales. The market is expected to grow further with new opportunities, demographics, increase density in population and personal and general consumer desire to be presented with better looking dining options.
Glass Tableware Market Trend Analysis:
Growing Popularity of Minimalistic and Aesthetic Designs
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Some of the common trends seized today are the trend to Pop simplicity and sophistication which are fundamental in most glass tableware designs. This is why today’s consumers are running to things with clean and classic appearance which adds some elegance to their dining habits. In this regard, manufacturers are releasing clothes with relatively dull colors and shapes that conform to the current architecture. Wine glass is also following such trend since hotels and restaurants prefer elegant simple and exquisite tableware to enhance the class touch. In this case, such a shift towards minimizing the designs does not only enhance the elegance of the glass tableware but also ensures that the use of the tableware is appropriate for various occasions: be it casual or formal.
Expansion of Online Retail Channels
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The markets are flooded with various glass tableware and with more and more consumers inclination toward buying products online, the potentials for the glass tableware market is expected to grow dramatically. Online retailing assists consumer to by different products, goods of, at cheaper prices then have them delivered to them. This is especially good for small and mediums sized manufactures since they can be able market their product to the customers without having to set up complex distribution channels. Although it is developed through the linking of customers’ reviews and other social sites that customers use to search for products they need to buy. Therefore, manufacturing firms are upping their stakes on digital marketing and partnership with e commerce sites to capitalize on this opportunity provide seamless client browsing and purchasing process.
Glass Tableware Market Segment Analysis:
The Glass Tableware Market is Segmented on the basis of Product, Application, Distribution Channel, and Region.
By Product, the Dinnerware segment is expected to dominate the market during the forecast period
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Of the two primary categories of glass tableware, the dinnerware segment is expected to witness a growth trajectory surpassing the other in the course of the forecast period due to the diverse reasons that compel homes as well as offices and other business establishments to use them. A large amount of people tend to have glass products, especially during dinner, focusing on plates, bowls, and platters because these products are extremely tough and non-poisonous to human beings and add aesthetic value to foods. Today, people are using glass dinnerware because it is somewhat more eco-friendly and the users do not have to wash it very often because, unlike some others, they do not get rusty very quickly. Exotic dining reservations can be understood to mean that high-quality of glass dinnerware should be incorporated in hospitality projects. The contradictive future of the segment is also facilitated by advancements such as tempered glass as it offers more resilience to fracture and heat.
By Application, the Commercial segment is expected to held the largest share
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the commercial segment is expected to dominate the largest market share due to the high propensity for demand from the hotel and restaurant industries. The hotel operators, restaurants, and catering service providers must acquire services of tableware that are durable, aesthetically, and effectively suitable for clients' requirements. This makes the glass tableware most preferred for use since it enhances the qualitative dined-on appearance while at the same time is safe for use.The third one is large volumes being ordered by some business entities which also help contribute to high revenues for most manufacturers of the segment. Secondly, the tendency towards experiential dining and themed restaurants has more actively promoted people’s expectations of specialized and individual glass tableware, and the same factor has increased the development of the commercial segment.
Glass Tableware Market Regional Insights:
Aisa Pacific is Expected to Dominate the Market Over the Forecast Period
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The Asia-Pacific region may be the largest market for glass tableware in the future period as urbanization and economic status have improved and the consumption rate is increasing. Possible market segments like China and India with large populations and a new class of consumers that are in the middle-income earning are a plus to the market. The tableware segments are now more affordable consumers are willing and capable of spending on quality and elegance products due to increased disposable income.
- The income in the Asian-Pacific hospitality sector is rising due to an increase in tourist flow and an increase in the ratio of functional fine dining restaurants which calls for more glass tableware. Also, the region also has developed a manufacturing sector, which create the opportunities of low-cost production of glass tableware for exportation. For this reason, South America remains the largest and most important market for the production of organic and inorganic chemicals; Manufacturers of chemicals, both regional and global competitors, are deploying state-of-the-art technologies to meet the new demands.
Active Key Players in the Glass Tableware Market:
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Arc International (France)
- Bormioli Rocco (Italy)
- Borosil Glass Works Ltd. (India)
- Corelle Brands LLC (United States)
- Duralex (France)
- Fiskars Group (Finland)
- Global Glass Solutions (United States)
- Libbey Inc. (United States)
- Lifetime Brands (United States)
- Ocean Glass Public Company Limited (Thailand)
- Pasabahce (Turkey)
- RAK Porcelain (United Arab Emirates)
- Saint-Gobain (France)
- The Oneida Group (United States)
- Zwiesel Kristallglas (Germany)
- Other Active Players
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Global Glass Tableware Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
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Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 10.58 Billion |
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Forecast Period 2024-32 CAGR: |
7.9 % |
Market Size in 2032: |
USD 20.97 Billion |
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Segments Covered: |
By Product |
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By Application |
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By Distribution Channel |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Scope and Coverage
Chapter 2:Executive Summary
Chapter 3: Market Landscape
3.1 Market Dynamics
3.1.1 Drivers
3.1.2 Restraints
3.1.3 Opportunities
3.1.4 Challenges
3.2 Market Trend Analysis
3.3 PESTLE Analysis
3.4 Porter's Five Forces Analysis
3.5 Industry Value Chain Analysis
3.6 Ecosystem
3.7 Regulatory Landscape
3.8 Price Trend Analysis
3.9 Patent Analysis
3.10 Technology Evolution
3.11 Investment Pockets
3.12 Import-Export Analysis
Chapter 4: Glass Tableware Market by Product
4.1 Glass Tableware Market Snapshot and Growth Engine
4.2 Glass Tableware Market Overview
4.3 Dinnerware
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Dinnerware: Geographic Segmentation Analysis
4.4 Drinkware
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Drinkware: Geographic Segmentation Analysis
4.5 Others
4.5.1 Introduction and Market Overview
4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
4.5.3 Key Market Trends, Growth Factors and Opportunities
4.5.4 Others: Geographic Segmentation Analysis
Chapter 5: Glass Tableware Market by Application
5.1 Glass Tableware Market Snapshot and Growth Engine
5.2 Glass Tableware Market Overview
5.3 Household
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Household: Geographic Segmentation Analysis
5.4 Commercial
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Commercial: Geographic Segmentation Analysis
Chapter 6: Glass Tableware Market by Distribution Channel
6.1 Glass Tableware Market Snapshot and Growth Engine
6.2 Glass Tableware Market Overview
6.3 Online
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Online: Geographic Segmentation Analysis
6.4 Offline
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Offline: Geographic Segmentation Analysis
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Benchmarking
7.1.2 Glass Tableware Market Share by Manufacturer (2023)
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Mergers and Acquisitions
7.2 ARC INTERNATIONAL (FRANCE)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Role of the Company in the Market
7.2.5 Sustainability and Social Responsibility
7.2.6 Operating Business Segments
7.2.7 Product Portfolio
7.2.8 Business Performance
7.2.9 Key Strategic Moves and Recent Developments
7.2.10 SWOT Analysis
7.3 BORMIOLI ROCCO (ITALY)
7.4 BOROSIL GLASS WORKS LTD. (INDIA)CORELLE BRANDS LLC (UNITED STATES)
7.5 DURALEX (FRANCE)
7.6 FISKARS GROUP (FINLAND)
7.7 GLOBAL GLASS SOLUTIONS (UNITED STATES)
7.8 LIBBEY INC. (UNITED STATES)LLIFETIME BRANDS (UNITED STATES)
7.9 OCEAN GLASS PUBLIC COMPANY LIMITED (THAILAND)
7.10 PASABAHCE (TURKEY)
7.11 RAK PORCELAIN (UNITED ARAB EMIRATES)
7.12 SAINT-GOBAIN (FRANCE)
7.13 THE ONEIDA GROUP (UNITED STATES)
7.14 ZWIESEL KRISTALLGLAS (GERMANY)
7.15 OTHER ACTIVE PLAYERS
Chapter 8: Global Glass Tableware Market By Region
8.1 Overview
8.2. North America Glass Tableware Market
8.2.1 Key Market Trends, Growth Factors and Opportunities
8.2.2 Top Key Companies
8.2.3 Historic and Forecasted Market Size by Segments
8.2.4 Historic and Forecasted Market Size By Product
8.2.4.1 Dinnerware
8.2.4.2 Drinkware
8.2.4.3 Others
8.2.5 Historic and Forecasted Market Size By Application
8.2.5.1 Household
8.2.5.2 Commercial
8.2.6 Historic and Forecasted Market Size By Distribution Channel
8.2.6.1 Online
8.2.6.2 Offline
8.2.7 Historic and Forecast Market Size by Country
8.2.7.1 US
8.2.7.2 Canada
8.2.7.3 Mexico
8.3. Eastern Europe Glass Tableware Market
8.3.1 Key Market Trends, Growth Factors and Opportunities
8.3.2 Top Key Companies
8.3.3 Historic and Forecasted Market Size by Segments
8.3.4 Historic and Forecasted Market Size By Product
8.3.4.1 Dinnerware
8.3.4.2 Drinkware
8.3.4.3 Others
8.3.5 Historic and Forecasted Market Size By Application
8.3.5.1 Household
8.3.5.2 Commercial
8.3.6 Historic and Forecasted Market Size By Distribution Channel
8.3.6.1 Online
8.3.6.2 Offline
8.3.7 Historic and Forecast Market Size by Country
8.3.7.1 Russia
8.3.7.2 Bulgaria
8.3.7.3 The Czech Republic
8.3.7.4 Hungary
8.3.7.5 Poland
8.3.7.6 Romania
8.3.7.7 Rest of Eastern Europe
8.4. Western Europe Glass Tableware Market
8.4.1 Key Market Trends, Growth Factors and Opportunities
8.4.2 Top Key Companies
8.4.3 Historic and Forecasted Market Size by Segments
8.4.4 Historic and Forecasted Market Size By Product
8.4.4.1 Dinnerware
8.4.4.2 Drinkware
8.4.4.3 Others
8.4.5 Historic and Forecasted Market Size By Application
8.4.5.1 Household
8.4.5.2 Commercial
8.4.6 Historic and Forecasted Market Size By Distribution Channel
8.4.6.1 Online
8.4.6.2 Offline
8.4.7 Historic and Forecast Market Size by Country
8.4.7.1 Germany
8.4.7.2 UK
8.4.7.3 France
8.4.7.4 The Netherlands
8.4.7.5 Italy
8.4.7.6 Spain
8.4.7.7 Rest of Western Europe
8.5. Asia Pacific Glass Tableware Market
8.5.1 Key Market Trends, Growth Factors and Opportunities
8.5.2 Top Key Companies
8.5.3 Historic and Forecasted Market Size by Segments
8.5.4 Historic and Forecasted Market Size By Product
8.5.4.1 Dinnerware
8.5.4.2 Drinkware
8.5.4.3 Others
8.5.5 Historic and Forecasted Market Size By Application
8.5.5.1 Household
8.5.5.2 Commercial
8.5.6 Historic and Forecasted Market Size By Distribution Channel
8.5.6.1 Online
8.5.6.2 Offline
8.5.7 Historic and Forecast Market Size by Country
8.5.7.1 China
8.5.7.2 India
8.5.7.3 Japan
8.5.7.4 South Korea
8.5.7.5 Malaysia
8.5.7.6 Thailand
8.5.7.7 Vietnam
8.5.7.8 The Philippines
8.5.7.9 Australia
8.5.7.10 New Zealand
8.5.7.11 Rest of APAC
8.6. Middle East & Africa Glass Tableware Market
8.6.1 Key Market Trends, Growth Factors and Opportunities
8.6.2 Top Key Companies
8.6.3 Historic and Forecasted Market Size by Segments
8.6.4 Historic and Forecasted Market Size By Product
8.6.4.1 Dinnerware
8.6.4.2 Drinkware
8.6.4.3 Others
8.6.5 Historic and Forecasted Market Size By Application
8.6.5.1 Household
8.6.5.2 Commercial
8.6.6 Historic and Forecasted Market Size By Distribution Channel
8.6.6.1 Online
8.6.6.2 Offline
8.6.7 Historic and Forecast Market Size by Country
8.6.7.1 Turkiye
8.6.7.2 Bahrain
8.6.7.3 Kuwait
8.6.7.4 Saudi Arabia
8.6.7.5 Qatar
8.6.7.6 UAE
8.6.7.7 Israel
8.6.7.8 South Africa
8.7. South America Glass Tableware Market
8.7.1 Key Market Trends, Growth Factors and Opportunities
8.7.2 Top Key Companies
8.7.3 Historic and Forecasted Market Size by Segments
8.7.4 Historic and Forecasted Market Size By Product
8.7.4.1 Dinnerware
8.7.4.2 Drinkware
8.7.4.3 Others
8.7.5 Historic and Forecasted Market Size By Application
8.7.5.1 Household
8.7.5.2 Commercial
8.7.6 Historic and Forecasted Market Size By Distribution Channel
8.7.6.1 Online
8.7.6.2 Offline
8.7.7 Historic and Forecast Market Size by Country
8.7.7.1 Brazil
8.7.7.2 Argentina
8.7.7.3 Rest of SA
Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies
Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research
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Global Glass Tableware Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
|
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 10.58 Billion |
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Forecast Period 2024-32 CAGR: |
7.9 % |
Market Size in 2032: |
USD 20.97 Billion |
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Segments Covered: |
By Product |
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By Application |
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By Distribution Channel |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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