PUBLISHER: The Business Research Company | PRODUCT CODE: 1686499
PUBLISHER: The Business Research Company | PRODUCT CODE: 1686499
Glassware encompasses a diverse range of objects made from glass, primarily designed for practical use. These items are commonly found in kitchens, laboratories, and households, serving various purposes from food and beverage consumption to scientific experimentation and decorative display.
The main types of materials used in glassware production include soda lime glass, crystal glass, borosilicate glass, and heat-resistant glass. Soda-lime glass stands out as the most common type, frequently employed in the manufacturing of everyday glassware and containers. Glassware is available at various price points, including premium, medium, and economy, and it is distributed through channels such as B2B, e-commerce, supermarkets and hypermarkets, specialized stores, and others. Different end users for glassware include households, hotels and restaurants, corporate canteens, cafes and bars, and various other applications.
The glassware market research report is one of a series of new reports from The Business Research Company that provides glassware market statistics, including glassware industry global market size, regional shares, competitors with glassware market share, detailed glassware market segments, market trends, and opportunities, and any further data you may need to thrive in the glassware industry. This glassware market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The glassware market size has grown strongly in recent years. It will grow from $17.04 billion in 2024 to $18.17 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to consumer preferences, economic conditions, cultural influences, market competition, global trade dynamics.
The glassware market size is expected to see strong growth in the next few years. It will grow to $22.18 billion in 2029 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to changing consumer preferences, sustainability trends, economic outlook, global market expansion, regulatory changes. Major trends in the forecast period include innovations in manufacturing, digitalization and e-commerce, technological advancements, technology integration, online retail growth.
The increasing presence of cafes and bars is fueling the growth of the glassware market. Cafes and bars are distinct establishments that serve food and beverages, each offering a unique atmosphere and experience. Glassware plays a vital role in these venues by serving a diverse range of drinks, including cocktails, wines, beers, and non-alcoholic options, enhancing the sensory experience, preserving drink quality, and contributing to the overall ambiance and identity of the establishment. For example, in February 2023, reports from Starbucks Corporation, a US-based coffeehouse chain, indicated significant growth in the first quarter of fiscal year 2023, with the addition of 459 new stores, bringing its global total to 36,170 locations. By the second quarter, this number increased to 36,634, and Starbucks has set an ambitious goal to expand to 55,000 stores worldwide by 2030. Additionally, in 2024, Budget Branders, a US-based restaurant supply store, projected that there would be approximately 69,485 registered bars in the US, reflecting a 1.5% increase from 2022. Thus, the rising number of cafes and bars is expected to drive the growth of the glassware market.
The rising rate of urbanization is anticipated to drive the growth of the glassware market in the coming years. Urbanization refers to the process whereby an increasing proportion of the population shifts from rural areas to towns and cities, resulting in the expansion of urban regions. The demand for glassware in urban settings is shaped by changing lifestyles, aesthetic preferences, social trends, and the quest for diverse culinary experiences. For example, a report from the United Nations Conference on Trade and Development (UNCTAD), a Switzerland-based intergovernmental organization, indicated in December 2022 that the urban population had grown to 56.5%. Furthermore, Africa experienced a notable increase of 4.6% during the same period. Thus, the rising rate of urbanization is fueling the demand for glassware.
Key players in the glassware industry are actively engaged in the development of innovative glassware designs, such as the Syksy Nordic autumn rain pattern glassware, to broaden their brand's table-setting offerings. Drawing inspiration from the autumn rain, this series seamlessly integrates functional shapes with a meticulously crafted pattern that mirrors the Nordic autumn rain, ranging from a gentle drizzle to intense downpours. In August 2023, Marimekko Oyk, a Finland-based fashion and lifestyle company, introduced the Syksy glassware series, featuring mouth-blown tumblers, goblets, and carafes adorned with a drawn pattern inspired by the Nordic autumn rain. These stackable and mixable pieces complement other Marimekko tableware, providing an elegant addition to the brand's table setting category.
In August 2024, Calibre Scientific, a US-based company that specializes in life science reagents, tools, instruments, and other consumables for laboratory research, diagnostics, and biopharmaceutical sectors, acquired Industrial Glassware for an undisclosed amount. This acquisition is set to enhance Calibre Scientific's capacity to offer high-quality glassware for a wide range of laboratory and industrial applications. Industrial Glassware, also based in the US, manufactures and distributes laboratory supplies and consumables, including glass vials, bottles, and jars.
Major companies operating in the glassware market report are Groupe SEB SA, Arc International Tableware UK Ltd., Sisecam Dis Ticaret Anonim Sirketi, Lenox Corporation, Taiwan Glass Industry Corporation, Villeroy & Boch AG, Libbey Glass LLC, Lifetime Brands Inc., The Oneida Group Inc., Anchor Hocking Group Inc., Denby Pottery Company Ltd., Anhui Deli Housedhold Glass Co. Ltd., Shandong Huapeng Glass Co. Ltd., Borosil Limited, DEGRENNE, Ocean Glass Public Company Limited, Cello World Limited, Stolzle Lausitz GmbH, Garbo Glassware, Glasstech Industries (India) Pvt. Ltd., Zrike Brands, Steklarna Hrastnik d.o.o., Eagle Glass Deco Pvt. Ltd., Guangzhou Jing Huang Glassware Co. Ltd., Steelite International Ltd., Jiangsu Rongtai Glass Products Co. Ltd., Cumbria Crystal Limited
Asia-Pacific was the largest region in the glassware market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the glassware market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the glassware market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The glassware market consists of sales of drinking glasses, plates and bowls, cocktail shakers, tableware, art glass, and glass jars. 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.
Glassware Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on glassware market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for glassware ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The glassware market global report from the Business Research Company answers all these questions and many more.
The 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 forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.