North America Glassware Market – Industry Trends, Regional Overview, Business Outlook
Data Bridge Market Research analyses that the North America Glassware market is expected to reach the value of USD 726,668.67 thousand by 2029, at a CAGR of 4.9% during the forecast period. "soda lime" accounts for the most prominent material segment as this type of glass provides scratch resistant surfaces. The glassware market report also covers pricing analysis, patent analysis, and technological advancements in depth.
Market Definition
Glass is a brittle, rigid material that is generally clear or translucent. It might be made of a mixture of sand, soda, lime, or other minerals. The most typical glass formation method involves heating raw ingredients until they become molten liquid, then rapidly cooling the mixture to make toughened glass. Glass varieties may be classified based on their mechanical and thermal qualities to identify which applications are most suited.
Soda lime glass: Soda-lime glass is the most common form of glass used for windowpanes and glass containers such as bottles and jars for drinks, food, and certain commodities items.
Lead Glass: Lead glass is a glass with a high percentage of lead oxide with exceptional clarity and brightness.
Heat Resistant: Heat-resistant glass is intended to withstand heat stress and is commonly used in kitchens and industrial applications.
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Recent Developments
·
In October 2020, Libbey Inc. announced the confirmation of a
plan of reorganization and expected to complete its court-supervised
restructuring and emerge with a stronger balance sheet in the upcoming weeks.
The company made this announcement to succeed in the current business operating
environment.
·
In October 2021, Lenox Corporation acquired Oneida Consumer LLC
with its brand of table top products including flatware, dinnerware, and
cutlery. The collaboration was undertaken to market a leading portfolio of
brands and innovative goods with unrivalled customer awareness across a wide
range of retail channels.
North America Glassware Market Scope
The glassware
market is segmented on the basis material,
style, distribution channel, price range, and end-use. The growth amongst these
segments will help you analyze meagre growth segments in the industries and
provide the users with a valuable market overview and market insights to help
them make strategic decisions for identifying core market applications.
By
Material
·
Soda Lime Glass
·
Lead Glass
·
Others
Based
on material, the glassware market is segmented into soda lime glass, lead
glass, heat resistant, and others.
By
Style
·
Stemless Glass
·
Stemware
·
Everyday Usage
·
Others
Based
on style, the glassware market has been segmented into stemless glass,
stemware, everyday usage, and others.
By
Distribution Channel
·
B2B
·
Specialized Stores
·
Supermarkets/Hypermarkets
·
E-Commerce
·
Others
Based
on distribution channel, the glassware market has been segmented into b2b,
specialized stores, supermarkets/hypermarkets, e-commerce, and others.
By
Price Range
·
Medium
·
Premium
·
Economy
Based
on price range, the glassware market has been segmented into medium, premium,
and economy.
By
End-Use
·
Hotels & Restaurants
·
Bars & Cafe
·
Household
·
Corporate Canteens
·
Others
Glassware Market Share Analysis
The
glassware market
competitive landscape provides details by competitor. Details included are
company overview, company financials, revenue generated, market potential,
investment in research and development, new market initiatives, North America
presence, production sites and facilities, production capacities, company
strengths and weaknesses, product launch, product width and breadth,
application dominance. The above data points provided are only related to the
companies' focus related to glassware market.
Some
of the major players operating in the glassware market are Hrastnik1860,
Oneida, Noritake China, Ocean Glass Public Company Limited, Lenox Corporatio,
Treo.in, Libbey Inc, Fiskars Group, WMF (A Subsidiary of Groupe SEB), Lifetime
Brands, Inc, Villeroy & Boch, Bormioli Rocco S.p.A., Wonderchef Home
Appliances Pvt. Ltd., The Zrike Company, Inc, Shandong Hikingpac Co., Ltd.,
Addresshome, Stölzle Lausitz GmbH, Eagle Glass Deco (P.) Ltd., Degrenne. Cello
World, MYBOROSIL, Jiangsu Rongtai Glass Products Co., Ltd., Cumbria Crystal,
Garbo Glassware.
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Glassware Market Regional Analysis/Insights
The
glassware market is analysed and market size insights and trends are provided
by country, material, style, distribution channel, price range, and end-use as
referenced above.
The
countries covered in the glassware market report are U.S., Canada and Mexico.
U.S.
dominates the North America glassware market. U.S. is likely to be the
fastest-growing North America glassware market. The rising infrastructure,
commercial, and industrial developments in emerging countries such as U.S. are
credited with the market's dominance. With the increasing development in the
countries number of restaurants and bars is increasing, which will boost the
demand for glassware products in the North America region.
Key questions answered in the report:
·
What will the market development
pace of Glassware market?
·
What are the key factors driving the
Global Glassware market?
·
Who are the key manufacturers in
market space?
·
What are the market openings, market
hazard and market outline of the market?
·
What are sales, revenue, and price
analysis of top manufacturers of Glassware market?
·
Who are the distributors, traders,
and dealers of Glassware market?
·
What are the Glassware market
opportunities and threats faced by the vendors in the Global Glassware industries?
·
What are deals, income, and value
examination by types and utilizations of the market?
·
What are deals, income, and value
examination by areas of enterprises?
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