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Glassware Market Report and Forecast 2024-2032

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    Report

  • 208 Pages
  • June 2024
  • Region: Global
  • Expert Market Research
  • ID: 5982023

Market Outlook

According to this report, the glassware market size reached a value of USD 2.62 billion in 2023. Aided by the increasing demand for aesthetically appealing and functional glass products, the market is projected to further grow at a CAGR of 5% between 2024 and 2032 to reach a value of USD 4.13 billion by 2032.

Glassware refers to a wide range of glass items, including drinkware, tableware, cookware, and decorative items. Known for its versatility, durability, and aesthetic appeal, glassware is widely used in households, restaurants, hotels, and various other sectors. The unique properties of glass, such as its non-reactive nature and ability to retain heat, make it an ideal material for numerous applications.

The increasing consumer preference for aesthetically pleasing and durable kitchenware and tableware is driving the glassware market growth. As consumers become more aware of home aesthetics and kitchen organisation, the demand for high-quality glassware has surged. Additionally, the growing trend of home dining and entertainment has further contributed to the increasing popularity of glassware products, as they add a touch of elegance to any setting.

Moreover, the expanding applications of glassware in various sectors play a significant role in propelling the market. In the hospitality sector, glassware is essential for serving beverages and food in an elegant and sophisticated manner. The rise of the tourism sector and the proliferation of restaurants, cafes, and hotels have led to a surge in demand for high-quality glassware. Furthermore, the growing popularity of mixology and the increasing number of bars and lounges have boosted the demand for specialised drinkware.

The growing focus on sustainability and eco-friendly products is also driving the demand for glassware. As consumers become more environmentally conscious, there is a rising preference for glass products over plastic alternatives due to their recyclability and lower environmental impact. This shift towards sustainable living is expected to drive the growth of the market over the forecast period, consequently driving up the glassware market share.

The market is witnessing diverse applications across various sectors, further bolstering its growth. In the household sector, glassware is widely used for everyday dining and special occasions. Consumers are increasingly investing in high-quality glassware to enhance their dining experience and add a touch of elegance to their homes. The rising trend of home dining and the growing interest in cooking and entertaining at home are driving the demand for glassware in this sector.

In the hospitality sector, glassware is essential for serving beverages and food in a sophisticated and appealing manner. Hotels, restaurants, cafes, and bars rely on high-quality glassware to create a premium dining experience for their customers. The growing tourism sector and the increasing number of food and beverage establishments are driving the demand for glassware in this sector. Additionally, the rise of mixology and the increasing number of bars and lounges have boosted the demand for specialized drinkware.

The healthcare industry also benefits from the use of glassware, particularly in laboratories and medical facilities. Glassware is used for various applications, including the storage and handling of chemicals, the preparation of solutions, and the conduction of experiments. The non-reactive nature of glass makes it an ideal material for these applications, ensuring the integrity and safety of the substances being handled.

As per the glassware market analysis, in the retail sector, glassware is used for the packaging and display of various products, including cosmetics, perfumes, and food items. The transparency and aesthetic appeal of glass make it an attractive packaging material, enhancing the visual appeal of the products and attracting consumers. The growing trend of premium and luxury packaging is driving the demand for glassware in the retail sector.

Market Segmentation

The market can be divided based on material, product type, end use, distribution channel, and region.

Market Breakup by Material

  • Soda Lime Glass
  • Crystal Glass
  • Borosilicate Glass
  • Heat Resistant Glass

Market Breakup by Product Type

  • Coffee Mug
  • Teacup
  • Wine Glass
  • Everyday Glass
  • Spirit Glass
  • Beer Mug
  • Glass Jars
  • Others

Market Breakup by End Use

  • Households
  • Hotels and Restaurants
  • Corporate Canteens
  • Café and Bars
  • Others

Market Breakup by Distribution Channel

  • Hypermarkets and Supermarkets
  • Specialised Stores
  • Online Retail
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Europe

Competitive landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in global glassware market. some of the major players explored in the report are as follows:
  • Shandong Huapeng Glass Co., Ltd.
  • Steelite International Ltd.
  • Villeroy & Boch AG
  • Glass Tech Life
  • Borosil Limited
  • Taiwan Glass Industry Corporation
  • Sisecam
  • Lenox Corporation
  • Ocean Glass Public Company Limited
  • Anchor Hocking LLC
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Glassware Market Analysis
8.1 Key Industry Highlights
8.2 Global Glassware Historical Market (2018-2023)
8.3 Global Glassware Market Forecast (2024-2032)
8.4 Global Glassware Market by Material
8.4.1 Soda Lime Glass
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Crystal Glass
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Borosilicate Glass
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Heat Resistant Glass
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.5 Global Glassware Market by Product Type
8.5.1 Coffee Mug
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Teacup
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Wine Glass
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Everyday Glass
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Spirit Glass
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Beer Mug
8.5.6.1 Historical Trend (2018-2023)
8.5.6.2 Forecast Trend (2024-2032)
8.5.7 Glass Jars
8.5.7.1 Historical Trend (2018-2023)
8.5.7.2 Forecast Trend (2024-2032)
8.5.8 Others
8.6 Global Glassware Market by End Use
8.6.1 Households
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Hotels and Restaurants
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Corporate Canteens
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Café and Bars
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Others
8.7 Global Glassware Market by Distribution Channel
8.7.1 Hypermarkets and Supermarkets
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Specialised Stores
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Online Retail
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Others
8.8 Global Glassware Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Glassware Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Glassware Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Glassware Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Glassware Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Glassware Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Trade Data Analysis (HS Code - 701310)
15.1 Major Exporting Countries
15.1.1 By Value
15.1.2 By Volume
15.2 Major Importing Countries
15.2.1 By Value
15.2.2 By Volume
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Shandong Huapeng Glass Co., Ltd.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Steelite International Ltd.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Villeroy & Boch AG
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Glass Tech Life
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Borosil Limited
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Taiwan Glass Industry Corporation
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Sisecam
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Lenox Corporation
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Ocean Glass Public Company Limited
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Anchor Hocking LLC
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Glassware Market: Key Industry Highlights, 2018 and 2032
2. Global Glassware Historical Market: Breakup by Material (USD Billion), 2018-2023
3. Global Glassware Market Forecast: Breakup by Material (USD Billion), 2024-2032
4. Global Glassware Historical Market: Breakup by Product Type (USD Billion), 2018-2023
5. Global Glassware Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
6. Global Glassware Historical Market: Breakup by End Use (USD Billion), 2018-2023
7. Global Glassware Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8. Global Glassware Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
9. Global Glassware Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
10. Global Glassware Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global Glassware Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America Glassware Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America Glassware Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe Glassware Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe Glassware Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific Glassware Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific Glassware Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America Glassware Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America Glassware Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa Glassware Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa Glassware Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Major Exporting Countries by Value
23. Major Importing Countries by Value
24. Major Exporting Countries by Volume
25. Major Importing Countries by Volume
26. Global Glassware Market Structure

Companies Mentioned

  • Shandong Huapeng Glass Co., Ltd.
  • Steelite International Ltd.
  • Villeroy & Boch AG
  • Glass Tech Life
  • Borosil Limited
  • Taiwan Glass Industry Corporation
  • Sisecam
  • Lenox Corporation
  • Ocean Glass Public Company Limited
  • Anchor Hocking LLC

Methodology

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Table Information