Latest News- Glass Tableware Market in Europe: Beverageware is expected to lead the Product segment during 2024-2028

The Glass Tableware Market in Europe is being driven by Increasing hospitality and tourism industry in Europe

The Glass Tableware Market in Europe is expected to grow at a CAGR of 2.99% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 416.22 million. The European glass tableware market has witnessed a significant increase in the utilization of recycled glass in recent years. This trend is driven by several factors, including the rising environmental consciousness among consumers, stringent government regulations promoting sustainability, and the increasing demand for eco-friendly products. Consumers are increasingly seeking alternatives with minimal environmental impact, leading to the adoption of recycled glass in the production of glass tableware. This not only reduces the requirement for raw materials but also minimizes energy-intensive manufacturing processes. The use of recycled glass in the glass tableware industry is a strategic move towards sustainability and aligns with the evolving consumer preferences. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Beverageware
  • Dinnerware
  • Flatware
  • Others
• Distribution Channel
  • Offline
  • Online
• Geography
  • Europe
    • Germany
    • UK
    • France
    • Italy

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing hospitality and tourism industry in Europe
• Rising disposable income among consumers
• Growing sales of glass tableware via online platform

However, the market also witnesses some limitations, which are as follows:

• Fragility and breakability concern among end-users
• Rising adoption of counterfeit products in Europe
• Competition from alternative materials

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Market Scope in Glass Tableware Market in Europe Research Report

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Research Analysis Overview

The European glass tableware market encompasses various techniques such as glassblowing, etching, engraving, and crystal cutting, ensuring diverse designs and durability. Safety standards and sustainability are prioritized, with eco-friendly manufacturing, recycled glass production, and waste management. Design trends, dinnerware collections, and luxury brands shape consumer buying behavior, while artisan workshops and online marketplaces offer unique product differentiation. Marketing strategies, consumer loyalty, and industry trends influence the homeware and hospitality sectors. Table setting etiquette, gift giving, packaging, storage, cleaning, repair, recycling, and waste management are essential aspects of the glassware market. Safety guidelines and certification standards ensure quality and protection.

Market Research Overview

The European glass tableware market is a segment of the broader global housewares and specialties market, as identified by Technavio. This market encompasses various product categories, such as cookware, bakeware, tableware, kitchen electrics, and kitchen tools and accessories. The housewares and specialties sector contributes to the larger household durables market, which is calculated based on the consolidated revenues of manufacturers in consumer electronics, homebuilding, household appliances, houseware and specialties, and leisure products. A key growth driver for the global housewares and specialties market is the increasing consumer preference for stylish housewares with unique designs and vibrant colors, as vendors continue to introduce innovative products to cater to this demand.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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