Glass Tableware Market Report 2024

This Glass Tableware market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

The glass tableware market size has grown strongly in recent years. It will grow from $11.13 billion in 2023 to $11.85 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth during the historic period can be attributed to a rising consumer preference for durable and stylish tableware, a growing demand for eco-friendly and sustainable materials, an increase in lifestyle and home decor magazines, a higher number of trade shows and exhibitions, and an expansion in the number of restaurants and cafes.

The glass tableware market size is expected to see strong growth in the next few years. It will grow to $15.36 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth during the forecast period can be attributed to the expanding hospitality industry, a growing urban population, increasing demand for premium tableware, rising sales of tableware, and a growing popularity of home entertaining and casual dining. Major trends during this period include technological advancements, eco-friendly materials, minimalist designs, smart glassware, and luxury packaging.

The growth of the hospitality sector is projected to drive the expansion of the glass tableware market. The hospitality sector encompasses various service industry fields, including lodging, food and beverage, recreation, travel, and tourism. This sector is experiencing growth due to increasing global travel, expanding business activities, a focus on personalized experiences, technological advancements, and the rise of the sharing economy. Glass tableware is highly valued in the hospitality industry for its visual appeal, versatility, durability, and ease of maintenance, which enhance dining experiences. For example, in June 2023, Unilever plc, a UK-based company specializing in nutrition, hygiene, and personal care products, reported that the global hospitality sector was valued at $4.7 trillion in 2023, with a projected growth rate of 23.8% over the next four years. Thus, the rise in the hospitality sector is fueling the growth of the glass tableware market.

Leading companies in the glass tableware market are concentrating on innovative product development, such as embossed tableware, to expand design options and cater to evolving consumer preferences. Embossed tableware features raised or recessed patterns on its surface, created through techniques such as molding or etching, resulting in a textured, three-dimensional effect. For instance, in January 2024, Moomin Characters Oy Ltd, a Finland-based online marketplace, introduced its inaugural glass tableware collection. This collection features intricate designs inspired by the popular Moomin characters, with whimsical patterns and vibrant colors that add a playful and nostalgic element to dining experiences. The glassware is made from high-quality, durable materials, ensuring both aesthetic appeal and longevity.

In January 2021, International Cookware SAS, a France-based manufacturer of cooking ware, acquired Duralex for an undisclosed amount. This acquisition aims to enhance International Cookware's product offerings with high-quality, durable items, addressing a broader range of consumer needs in both household and commercial markets. Duralex, based in France, specializes in the production of glass tableware.

Major companies operating in the glass tableware market are Saint-Gobain S.A., Spiegelau GmbH, AGC Inc., Arc International S.A., Nippon Sheet Glass Co. Ltd, Riedel Crystal, Taiwan Glass Industry Corporation, Moser a.s., Fiskars Group, Corelle Brands LLC, Villeroy & Boch AG, Libbey Inc., Anchor Hocking, LLC, Vitro S.A.B. de C.V., Steklarna Hrastnik d.o.o., Dartington Crystal Ltd., Bormioli Rocco S.p.A., Orrefors Kosta Boda AB, Krosno Glass S.A., Waterford Crystal Limited, Pasabahce Cam Sanayi ve Ticaret A.S., La Rochère SAS, Bohemia Crystal, Zwiesel Kristallglas AG.

Asia-Pacific was the largest region in the glass tableware market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the glass tableware market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the glass tableware market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Glass tableware encompasses a range of glass items used for serving, preparing, and consuming food and beverages. These items are integral to dining experiences, whether casual or formal.

The main types of glass tableware include beverageware, tableware, baby bottles, and others. Beverageware refers to glass items designed specifically for drinking, such as glasses, tumblers, mugs, and pitchers. These are made to hold various drinks, including water, juice, cocktails, and hot beverages. Sales channels for glass tableware include hypermarkets, supermarkets, specialty stores, multi-brand stores, convenience stores, online retailers, wholesalers, and distributors. These products are used by a wide range of end-users, including households and commercial establishments.

The glass tableware market research report is one of a series of new reports that provides glass tableware market statistics, including glass tableware industry global market size, regional shares, competitors with a glass tableware market share, detailed glass tableware market segments, market trends and opportunities, and any further data you may need to thrive in the glass tableware industry. This glass tableware market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The glass tableware market consists of sales of bowls, pitchers, serving dishes and decanters. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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