Global Glass Tableware Market, By Product Type (Beverageware, Tableware, Baby Bottles, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
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.
- Change in lifestyle
- Adoption of luxuries items
- Growth of the hotel
- Growth of catering industry
- Disposable incomes
- Competitions among the market player
- Availability of cheap products
Segmentation: Global Glass Tableware Market
By Product Type
- Baby Bottles
- North America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- 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
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis