A11874 | Pages: NA | Sep 2022 | 1271 Views | ||
Author(s) : Roshan Deshmukh | Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Glassware Market
Request Now !Glassware is an article created by different types of glasses such as soda-lime, lead, borosilicate, and heat-resistant. Generally, they are used for decorative purpose or for serving food and beverages. The glassware industry is positively growing due to increase in disposable income and the developing interest in decoration and consumer opting to use glassware as an alternative to ceramic or plastic. Furthermore, the demand for glassware is high and witnessing new heights due to rise in the hotel and restaurant industries. Bars and cafes are also helping the growth of the glassware market. The new model of glassware is getting added to keep the customers amazed and intact. Glass is a solid material and does not contain pores that prevent bacteria from growing and make it a perfect utensil for serving food and drink. For this reason, healthcare consumers use glassware. Glassware also possesses an aesthetic look that attracts consumers to buy.
Market Scope and Structure Analysis
Report Metric | Details |
Market Size Available for Years |  2020–2030 |
 Base Year Considered |  2020 |
 Forecast Period |  2021–2030 |
 Forecast Unit |  Value (USD) |
 Regions Covered |  North America, Europe, Asia-Pacific, and LAMEA |
 Segments Covered | Material, Product Type, Price Point, Distribution Channel, End User, and Region |
 Companies Covered | Noritake Co., Limited (Japan), Villeroy & Boch AG (Germany), Guy Degrenne SA (Italy), Lifetime Brands, Inc (US), Lenox Corporation (US), The Zrike Company, Inc (US), World Kitchen, LLC(US), Libbey, Inc (US), Oneida Ltd (US), and Borosil Limited (India). |
COVID-19 Impact Analysis
Top Impacting Factors
Market Trends
Borosilicate glassware a game-changer
Generally, glassware products are articles made of soda-lime, lead, or heat resistant material. The introduction of borosilicate usage in making glassware is proving to be a game-changer. Borosilicate glass is a type of glassware made of boron trioxide and silica. Borosilicate glassware can be used for freezing or a microwave due to its high resistance against heat and cold. The multi-benefit of this product is attracting consumers, which is expected to drive the demand for borosilicate glassware.
Change in lifestyle and taste of the consumer
Rapid urbanization in consumers is occurring in developing countries. This transformation is also affecting the change of taste and preferences. Consumers are shifting toward the practice of fine dining and are attracted to premium decorative glassware products. Glassware companies invest in R&D to determine the exact need of the consumer and their purchasing behavior.
Omni-channel strategy usage is encouraging the growth of the glassware market
Glassware products are sold in brick and mortar stores. Currently, companies are adapting to brick and click services for their consumers. The introduction of e-commerce services is encouraging both company and consumer. Consumers have an option to explore more products according to their criteria. It's intended that the company will identify and update the consumer's needs. It will be a win-win situation for the companies as well as for the consumers.
Key Segments Covered
Material
Product Type
Price point
Distribution Channel
End users
Region
Key Benefits of the Report
Questions Answered in the Report
Key Market Segments & Key Market Players
Segments | Sub-segments |
---|---|
By Material |
|
By Product Type |
|
By Price Point |
|
By Distribution Channel |
|
By End User |
|
By Region |
|
Key Market Players | Noritake Co., Limited (Japan), Villeroy & Boch AG (Germany), Guy Degrenne SA (Italy), Lifetime Brands Inc. (US), Lenox Corporation (US), The Zrike Company Inc. (US), World Kitchen LLC(US), Libbey Inc. (US), Oneida Ltd (US), Borosil Limited (India) |
Loading Table Of Content...
Start reading.
This Report and over 13,000+ more Reports, Available with Avenue Library. T&C*.
10%
Discount
10%
Discount
15%
Discount
15%
Discount
Enterprise
License/PDF
20%
Discount
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers