Daten aus dem Cache geladen. Future of Europe Glassware Market: Insights from Industry Experts |...

Future of Europe Glassware Market: Insights from Industry Experts

0
5

The Europe glassware market size is expected to reach USD 4.58 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.4% from 2025 to 2030. The market is expected to witness prominent growth in the future owing to the economic growth in emerging countries and the development of attractive glassware products.   

Furthermore, the increasing urbanization is one of the prominent factors leading to a change in the purchasing behavior of consumers. The growing population due to the migration of individuals from different countries has increased the number of glassware purchases as per the individual’s preference, in turn, propelling the product demand. A majority of the population in each EU-27 Member State lived in owner-occupied dwellings in 2018, this share ranging from 51.4% in Germany to 96.4% in Romania; the EU-27 average was 70.0%. The trend of living in rental houses has resulted in individuals often changing their houses, thus triggering the product demand as individuals prefer new glassware in their new house.

A rise in alcohol consumption is also acting as a major driver for the market from both the residential and commercial sectors. According to a 2019 report by the WHO, on average, adults (aged 15 years and over) in the European Union countries drink the equivalent of more than 2 bottles of wine per week. When lifetime abstainers and former drinkers are removed, it reveals that adults drink more than 3 bottles of wine a week. Across the population, 30.4% of people report having consumed more than 60g of pure alcohol on a single occasion in the last 30 days - this is equivalent to more than 5 drinks on 1 occasion.

The growing trend of nuclear families is creating more opportunities and growth prospects for the market. In addition, the frequency of formal dining occasions at home is increasing, thereby creating more demand for luxury and premium glassware among consumers. However, the use of plastic ware in various small restaurants due to their low cost and less maintenance is projected to restrain the market growth in the commercial sector. However, increasing awareness about the health benefits of using glassware for drinking can negate the effect of the restraining factors.

Gather more insights about the market drivers, restrains and growth of the Europe Glassware Market

Europe Glassware Market Report Highlights

• By product, the wine glass segment is projected to be the fastest-growing segment over the forecast period

• Based on distribution channel, the specialty stores dominated the market with the largest revenue share in 2024.

• In terms of branding, the branded segment is expected to grow at the fastest CAGR over the forecast perio

• In Europe, the UK glassware industry dominated the European market with the largest revenue share of 16.6% in 2024

Europe Glassware Market Segmentation

Grand View Research has segmented the Europe glassware market report based on product, distribution channel, branding, and country

Europe Glassware Product Outlook (Revenue, USD Million, 2018 - 2030)

• Beer Glass

• Wine Glass

• Cocktail Glass

• Spirits Glass

• Others

Europe Glassware Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Supermarkets & Hypermarkets

• Specialty Stores

• Online Retail

• Others

Europe Glassware Branding Outlook (Revenue, USD Million, 2018 - 2030)

• Branded Glassware

• Non-branded Glassware

Europe Glassware Country Outlook (Revenue, USD Million, 2018 - 2030)

• UK

• Germany

• France

• Italy

• Benelux

• Spain

• Russia

List of Key Players of Europe Glassware Market

• Sisecam

• Villeroy & Boch Group AG

• Fiskars Group

• Lifetime Brands, Inc.

• Ritzenhoff Cristal GmbH

• Steelite International

• Alessi SpA

• ARC International

• Joh. Oertel & Co. Kristallglas

• Bormioli Luigi S.p.A.

Order a free sample PDF of the Europe Glassware Market Intelligence Study, published by Grand View Research.

Căutare
Categorii
Citeste mai mult
Health
Animale Male Enhancement Capsules Israel ביקורות - תלונות לקוחות ומתיחות נחשפו
Animale Male Enhancement Capsules Israel הוא בין תוספי השיפור הטובים ביותר המוצגים שם כדי...
By Alpha Ultra 2024-01-13 17:58:01 0 2K
Alte
Call Girl Kuala Lumpur +601169901990
We provide real photos at low prices of Indian Escorts In Malaysia and offer the best stylish...
By Malaysiakl Callgirls 2025-02-28 07:37:43 0 17
Shopping
Global Electronic Device Magnets Market Share Set to Reach $46.96 Billion by 2029, Driven by EV Growth and Consumer Electronics Demand
Global Electronic Device Magnets Market Projected to Reach USD 46.96 Billion by 2029...
By Kalpesh Rajput 2025-02-18 02:04:09 0 50
Alte
Adhesives and Sealants Market Segmentation, Analysis By Production, Consumption, Revenue And Growth Rate
The global adhesives and sealants market has witnessed remarkable growth in recent...
By Christian Johnson 2023-12-22 12:10:07 0 1K
Jocuri
They contacted Jagex to restore an earlier version
Since Mobley began playing RuneScape in the aughts there was a black market that had developed...
By Letitia Wilkinson 2022-10-15 06:59:58 0 5K