Global Glassware Market Growth 2023-2029

Global Glassware Market Growth 2023-2029

Glassware is defined as a container or object made of glass and used primarily for commercial and residential purposes.It includes drinking utensils, tableware and other useful practical products as well as mushroom shaped, candle containers.Glassware industry concentration is not high;There are more than 100 manufacturers in the world, and high-end products are mainly from the United States and Western Europe.The world's biggest manufacturers are mainly in the United States and the European Union.Products from manufacturers such as Libbey are of relatively high quality.As for France, ARC International has become a global leader.Most Chinese manufacturers are located in anhui, shandong and zhejiang provinces.Many companies have multiple factories, often located close to their target consumption areas.Other international companies have factories in China, such as libby's in langfang, not far from Beijing.In addition to the asia-pacific region, the main consumer market is located in Europe and the United States and other developed countries.Europe had a market share of 30.76 percent, followed by North America at 24.73 percent in 2017.We tend to think that as the industry becomes more mature, consumption growth will flatten out.
LPI (LP Information)' newest research report, the “Glassware Industry Forecast” looks at past sales and reviews total world Glassware sales in 2022, providing a comprehensive analysis by region and market sector of projected Glassware sales for 2023 through 2029. With Glassware sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Glassware industry.
This Insight Report provides a comprehensive analysis of the global Glassware landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Glassware portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Glassware market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Glassware and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Glassware.
The global Glassware market size is projected to grow from US$ 4571.3 million in 2022 to US$ 5020.7 million in 2029; it is expected to grow at a CAGR of 5020.7 from 2023 to 2029.
Global Glassware key players include Arc International, Libbey, Pasabahce, etc. Global top three manufacturers hold a share over 45%.
Asia Pacific is the largest market, with a share over 35%, followed by Europe, and North America, both have a share over 50 percent.
In terms of product, Drinkware is the largest segment, with a share over 60%. And in terms of application, the largest application is Commercial Use, followed by Household.
This report presents a comprehensive overview, market shares, and growth opportunities of Glassware market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Drinkware
Tableware
Laboratory Glassware
Medical Supplies
Other
Segmentation by application
Commercial Use
Household
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Arc International
Libbey
Pasabahce
The Oneida Group
Riedel
Bormioli Rocco
Tervis
Zwiesel Kristallglas
Fiskars
Boelter Companies
Rona
Treo
Stozle
Deli Glass
KangTai Glass Ware
Shandong Huapeng Glass
Key Questions Addressed in this Report
What is the 10-year outlook for the global Glassware market?
What factors are driving Glassware market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Glassware market opportunities vary by end market size?
How does Glassware break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.