Glass Tableware Market Growth, COVID Impact, Trends Analysis Report 2032
The glass tableware market is expected to reach a valuation of US$ 9.8 Bn in 2022. Sales are projected to increase at a 3.0% CAGR, with the market size reaching US$ 12.8 Bn by 2032.
Higher spending on casual house-ware products such as glass tableware products will drive the demand in the market. Surge in number of households coupled with rise in per capita income is expected to fuel demand for glass tableware in the global market.
Furthermore, shift from plastic tableware products to glass tableware products due to growing use of environment-friendly, recyclable, and biodegradable products is rising. Hence, demand for glass tableware is projected to accelerate over the forecast period (2022-2032).
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Key Takeaways from the Glass Tableware Market Study
Based on product type, the tableware and beverage ware is expected to hold considerable share in the market.
In the end-use, the commercial segment is expected to witness positive growth over the assessment period.
Europe is expected to dominate the global glass tableware market through 2022 & beyond.
