Glass Tableware Market Scope
Tableware is any dishware, dishware, or crockery that is used to serve meals. It is designed to provide customers with a luxurious experience. Ceramic, porcelain, glass, and other materials are commonly used. Tableware is used differently in different cultures and faiths. Depending on the cuisine, different restaurants employ different styles of tableware. Depending on the type of items produced, glass manufacturing is a medium- or even low-margin industry segment. In the whole glass industry, high-margin glass goods make only a small percentage. The cycle of glass mass technology and the technology cycle that creates the final glass items are the two steps of tableware glass manufacturing technology. Consumer purchasing habits are changing, trendy homewares are becoming more popular, lower- and middle-income groups have more purchasing power, and the number of organised retail chains is growing. These are some of the major and important factors that will likely boost the growth of the glass tableware market.
The Glass Tableware market study is segmented by Type (Wine Glass, Jugs, Cup & Saucer, Dinner Plate and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
KOMPASS International SA. (France), Zhejiang Chengtai Industrial Co., Ltd. (China), The Oneida Group (United States), Anhui Deli daily Glass Co., Ltd. (China), Belleek Pottery Ltd. (United Kingdom), Inter IKEA Systems B.V. (Netherlands), ARC International S.A (France), Borosil Glass Works Ltd (India), Termisil Huta Szkla Wolomin S.A. (Poland) and Bormioli Rocco S.r.l. (Italy) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are China Yong Feng Yuan Co., Ltd. (China), Sisecam Group (Turkey), LaOpala RG Limitied (India), World Kitchen LLC (United States) and Wuerttembergische Metallwarenfabrik AG (Germany).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Glass Tableware market by Type, Application and Region.
On the basis of geography, the market of Glass Tableware has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 1st august, 2017 - Luigi Bormioli Parent Acquired Bormioli Rocco (Leading Italian Tableware and Pharma Primary Packaging Manufacturer). The Deal Adds Organizational and Material Resources in Order to Develop Original and Virtuous Ways of Doing Business in Glass, To the Advantage of Client’s. and Om 30th January, 2020 - Borosil Merged Five Entities into Two to Simplify Group Structure. The Merger Will Eliminate Related Party Transactions and Increase Administrative Efficiencies by Eliminating Cross Holdings and Allowing Borosil Glass Works Owners Direct Proportional Shareholding in The Gujarat Borosil Business.
On 24th April, 2021 - Ottolenghi Launched a Colourful New Tableware Collection. In Conjunction with The Italian Artist Ivo Bisignano and The Belgian Design Company Serax, The New Collection ‘Feast' Is A Finely Constructed Set of Plates, Bowls, Cups, Glasses, Silverware, And Serving Stands.
Market Trend
- Demand for Professionalism Across Hotel Industry
Market Drivers
- Rising Disposable Income
- Increasing Adoption of Urban Lifestyle
Opportunities
- Increasing Demand Across Emerging Regions
Restraints
- Durability Concerns
- High-Cost Expenses
Challenges
- Fierce Competitive Pressure
- Presence of counterfeit Products
Key Target Audience
Glass Tableware Manufactures, New Entrants and Investors, Glass Tableware Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others