The Global Drinkware Market is Expected to Reach an Estimated $11.7 Billion by 2023
Trends, opportunities and forecast in drinkware market to 2023 by product type, which includes wine glass, beer glass, coffee mugs and tea cups, everyday glasses, cocktail, spirit, and others, material (glass, bone china, porcelain/stoneware, steel, and others), end use (commercial, and personal), and region (North America, Europe, Asia Pacific, and the Rest of the World)
The future of the global drinkware market looks good with opportunities in houseware, food services, and retail industry. The global drinkware market is expected to reach an estimated $11.7 billion by 2023 with a CAGR of 3% from 2018 to 2023. The major growth drivers for this market are increase in beverage consumption, growing hotel and catering industries, and increasing middle class disposal income.
Emerging trends that have a direct impact on the dynamics of the drinkware industry include increasing use of luxury drinkware made of BPA free co-polyster, and use of drinkware as promotional products.
A total of 152 figures/charts and 86 tables are provided in this 193 page report to help in your business decisions.
The study includes the drinkware market size forecast for the global drinkware market through 2023, segmented by product type, material, end use, and region, as follows:
Drinkware Market by Material Type [Value ($ Million) from 2012 to 2023]:
- Glass
- Bone China
- Porcelain/Stoneware
- Steel
- Others
Drinkware Market by Product Type [Value ($ Million) from 2012 to 2023]:
- Wine Glass
- Beer Glass
- Coffee Mugs and Tea Cups
- Everyday Glass
- Cocktail Glass
- Spirit Glass
- Others
Drinkware Market by End-Use [Value ($ Million) from 2012 to 2023]:
- Personal Use
- Commercial Use
Drinkware Market by Region [Value ($ Million) from 2012 to 2023]:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- APAC
- China
- Japan
- India
- ROW
- Brazil
Some of the drinkware companies profiled in this report include Arc International, AnHui DeLi Glassware, Libbey, Pasabache, Bormioli Rocco, The Oneida Group, Steelite International, and Ocean Glass and others.
On the basis of comprehensive research, the researcher forecasts that glass will remain the largest material type, and will also witness the highest growth over the forecast period due to low cost, environmentally friendly, and low health risk benefits.
Within the drinkware market, everyday glass will remain the largest product type and witness the highest growth over the forecast period due to its multipurpose and versatile use for households.
Asia Pacific is expected to remain the largest region and witness the highest growth over the forecast period due to growing population, increasing disposal income, and growth in the hospitality industry.
Some of the features of “Drinkware Market Report: Trends, Forecast and Competitive Analysis” Include:
- Market size estimates: Global drinkware market size estimation in terms of value ($M) shipment.
- Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by application, and end use industry.
- Segmentation analysis: Global drinkware market size by various applications such as product type, material, and end use in terms of value and volume shipment.
- Regional analysis: Global drinkware market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth opportunities: Analysis on growth opportunities in different applications and regions for drinkware in the global drinkware market.
- Strategic analysis: This includes M&A, new product development, and competitive landscape for drinkware in the global drinkware market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model
This report addresses the following key questions:
Q.1. What are some of the most promising, high-growth opportunities for global drinkware market by product type, which includes wine glass, beer glass, coffee mugs and tea cups, everyday glasses, cocktail, spirit, and others, material (glass, bone china, porcelain/stoneware, steel, and others), end use (commercial, and personal), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which products segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in this drinkware (glassware, personalized glassware) market?
Q.5. What are the business risks and competitive threats in this drinkware (glassware, personalized glassware) market?
Q.6. What are the emerging trends in this drinkware (glassware, personalized glassware) market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the drinkware (glassware, personalized glassware) market?
Q.8. What are the new developments in the drinkware (glassware, personalized glassware) market and which companies are leading these developments?
Q.9. Who are the major players in this drinkware (glassware, personalized glassware) market? What strategic initiatives are being taken by key companies for business growth?
Q.10. What are some of the competing products in this drinkware (glassware, personalized glassware) market and how big of a threat do they pose for loss of market share by product substitution?
Q.11. What M&A activity has occurred in the last 5 years in this drinkware (glassware, personalized glassware) market?
Table of Contents
1. Executive Summary
*Full List of Tables and Figures Available on Enquiry.
Samples
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Companies Mentioned
A selection of companies mentioned in this report includes:
- AnHui DeLi Glassware
- Arc International
- Bormioli Rocco
- Libbey, Inc.
- Ocean Glass
- Pasabahce
- Steelite International
- The Oneida Group
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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