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Global Glassware Market in 2024: Current Status, Trends, and Analysis of Major Manufacturers

TIME:

2022-02-25 14:52

According to statistics and forecasts from QYR (Hengzhou Bozhi), the global glassware market sales reached $4.739 billion in 2023, and are expected to reach $5.181 billion by 2030

According to statistics and forecasts from QYR (Hengzhou Bozhi), the global glassware market sales reached $4.739 billion in 2023, and are expected to reach $5.181 billion by 2030, with a compound annual growth rate (CAGR) of 1.3% (2024-2030). At the regional level, the Chinese market has undergone rapid changes in the past few years. The market size is expected to reach millions of US dollars in 2023, accounting for approximately% of the global market. It is projected to reach millions of US dollars by 2030, with a global market share of%.
The main global manufacturers of glassware include Arc International, Libbey, and Pasabahce, with the top three global manufacturers accounting for over 45% of the market share.
Currently, the Asia Pacific region is the world's largest glassware market, holding over 35% of the market share, followed by the European and North American markets, which together hold over 50% of the market share.

 

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