Glassware Market Set to Reach USD 25.36 Billion by 2030 with a 5.9% CAGR Growth

Business Feb 4, 2025 6 Add to Reading List

Glassware Market Poised for Steady Growth, Expected to Reach USD 25.36 Billion by 2030

Glassware Market Forecast & Trends

Summary: The Glassware Market was valued at USD 16.95 billion in 2023 and is projected to expand at a CAGR of 5.9% from 2024 to 2030, reaching approximately USD 25.36 billion by 2030. This growth is driven by increasing demand across household, commercial, and industrial applications. The latest market report by Maximize Market Research offers an in-depth analysis of key market trends, regional developments, and competitive dynamics.

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Glassware Market Size & Growth Forecast

The global glassware industry is set to experience steady expansion due to advancements in manufacturing technologies and increased use of glassware in various sectors such as hospitality, laboratory research, and home décor. The industry is expected to benefit from innovations in eco-friendly and durable glassware materials.

Scope and Research Methodology

The study was conducted using a combination of primary and secondary research. Primary research involved in-depth interviews with industry leaders, CEOs, and market analysts, while secondary research consisted of financial reports, trade publications, and industry databases. The data validation process ensured accuracy in segmenting the market, estimating size, and projecting growth trends.

Market Coverage

This report provides a comprehensive assessment of the market structure, competitive landscape, and industry dynamics. It includes key details such as:

Market segmentation analysis (by material type, product type, end-user, and price point)
PESTLE analysis to evaluate external and internal factors affecting the market
Competitive landscape and pricing analysis
Impact of regional developments on market performance

Market Overview & Industry Dynamics

Key Drivers:

Growing demand for high-end glassware in premium dining and hospitality sectors
Increased use of laboratory glassware in research and healthcare
Rising consumer preference for sustainable and reusable glass products
Technological advancements in durable and lightweight glass materials

Challenges:

Fluctuating raw material costs impacting production
Availability of alternative materials like plastics and ceramics
High energy consumption in glass manufacturing processes

Market Segmentation

By Material Type:

Soda-Lime Glass
Borosilicate Glass
Crystal Glass

By Product Type:

Drinkware
Tableware
Laboratory Glassware

By End-User:

Household
Commercial
Industrial

By Price Point:

Premium
Medium
Economy

Key Players in the Glassware Market

The report profiles leading companies driving the market, including:

ARC International SA
World Kitchen LLC
Jiangsu Rongtai Glassware Products Co. Ltd.
Groupe SEB Company
Oneida Group
Steelite International (UK)
Villeroy & Boch AG (Germany)
Degrenne (France)
Taiwan Glass Industry Corporation (Taiwan)
Garbo Glassware (China)
Shandong Huapeng Glass Co., Ltd. (China)
Ocean Glass Public Company Limited (Thailand)
Libbey Glass LLC (US)
Zrike Brands (US)
Glass Tech Life
Guangzhou Jing Huang Glassware Co, Ltd (China)
Anhui Deli Daily Glass Co., Ltd (China)
Lifetime Brands, Inc (US)
Sisecam (Turkey)
Anchor Hocking Group, Inc. (US)

Why You Should Buy This Report

Detailed industry insights covering market size, growth trends, and competitive landscape.
Comprehensive segmentation analysis to identify high-growth areas.
Country-wise analysis highlighting market expansion opportunities.
COVID-19 impact assessment and post-pandemic recovery trends.

If you have any questions regarding this report, please reach out to us through the link provided below: https://www.maximizemarketresearch.com/market-report/glassware-market/194202/

About Maximize Market Research

Maximize Market Research is a trusted market research and consulting firm that delivers in-depth insights for businesses across diverse industries, including IT & Telecom, Chemicals, Food & Beverage, Aerospace & Defense, and Healthcare. Our focus is on growth-oriented research that empowers clients to make informed business decisions.

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