United Kingdom Glass Tableware Market Size, Share, and COVID-19 Impact Analysis, By Product (Dinnerware, Drinkware, and Others), By Application (Household and Commercial), By Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Specialty Stores, Online, and Others), and United Kingdom Glass Tableware Market Insights, Industry Trend, Forecasts to 2033
Industry: Consumer GoodsUnited Kingdom Glass Tableware Market Insights Forecasts to 2033
- The United Kingdom Glass Tableware Market Size was valued at USD 408.5 Million in 2023.
- The United Kingdom Glass Tableware Market Size is growing at a CAGR of 3.57% during the forecast period 2023 to 2033
- The United Kingdom Glass Tableware Market Size is anticipated to reach USD 580.2 Million by 2033
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The United Kingdom Glass Tableware Market Size is anticipated to exceed USD 580.2 Million by 2033, growing at a CAGR of 3.57% from 2023 to 2033. The rising advancements in glass production techniques and increasing popularity of artisanal & handcrafted glass tableware are driving the growth of the glass tableware market in the UK.
Market Overview
The glass tableware market refers to the industry encompassing the production and sale of various glass items used for serving, preparing, and consuming food & beverages. Glass tableware is made of glass, such as cups, plates, bowls, and decanters, that are designed for serving food & beverages. They are a part of the table setting and are a product that is used to serve food and drinks during meals and for other purposes. There is a growing need for glass tableware due to the expanding hospitality sector and increased organized retailing. Online e-commerce, as well as the influence of social media, food bloggers, and influencers, has facilitated the market expansion. Innovation in design and the introduction of multifunctional glass tableware for serving and storage are expected to provide lucrative growth opportunities in the glass tableware market.
Report Coverage
This research report categorizes the market for the UK glass tableware market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom glass tableware market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the UK glass tableware market.
United Kingdom Glass Tableware Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 408.5 Million |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 3.57% |
2033 Value Projection: | USD 580.2 Million |
Historical Data for: | 2019-2022 |
No. of Pages: | 215 |
Tables, Charts & Figures: | 121 |
Segments covered: | By Product, By Application, By Distribution Channel and COVID-19 Impact Analysis |
Companies covered:: | Waterford Crystal, Wedgwood, Denby, Emma Bridgewater, Dartington Crystal, and Others Key Vendors |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis. |
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Driving Factors
The rising advancements in glass production techniques, such as the float glass process for large uniform sheets, smart glass technologies such as electrochromic glass, and multifunctional glazing solutions with features such as LED displays, are escalating the market growth for glass tableware. The increasing demand for unique, high-quality, and sustainable products is contributing to the market demand for glass tableware. In addition, the growth of the hospitality sector, demand from residential and commercial sectors, and awareness about environmental sustainability are several factors that propel the market growth.
Restraining Factors
The increasing raw material costs, as well as the fragility of glass, are challenging the market. Further, the competition from alternative materials is hampering the market growth.
Market Segmentation
The United Kingdom Glass Tableware Market share is classified into product, application, and distribution channel.
- The dinnerware segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR during the projected period.
The United Kingdom glass tableware market is segmented by product into dinnerware, drinkware, and others. Among these, the dinnerware segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR during the projected period. Dinnerware made from glass, including plates, bowls, and platters, is typically used for serving and eating dinner. The transparency and glassy appearance of this dinnerware showcase food beautifully. The essential role of dinnerware in household and commercial dining settings is contributing to driving the market growth.
- The commercial segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR during the projected period.
The United Kingdom glass tableware market is segmented by application into household and commercial. Among these, the commercial segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR during the projected period. The commercial sector includes hospitality and food service industries that rely heavily on glass tableware to serve food and drinks to customers. The growing interest in tourism and luxurious staycations is contributing to driving the market demand in the commercial segment.
- The supermarkets & hypermarkets segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR during the projected period.
The United Kingdom glass tableware market is segmented by distribution channel into supermarkets & hypermarkets, convenience stores, specialty stores, online, and others. Among these, the supermarkets & hypermarkets segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR during the projected period. Supermarkets and hypermarkets offer a wide range of products and a convenient shopping experience. The promotional campaigns and bulk discounts offered for cost-conscious shoppers are significantly driving the market growth.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the U.K. glass tableware market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Waterford Crystal
- Wedgwood
- Denby
- Emma Bridgewater
- Dartington Crystal
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In February 2022, UK-based Glassware brand Dartington Crystal unveiled ‘The Connoisseur Collection’ in India. Iconic British glassmaker Dartington Crystal, for the first time collaborated with an Indian wine and spirits expert, Vanittha Jaiin, and thinKitchen to launch ‘The Connoisseur Collection’ of two bespoke functional lines of glasses for appreciating wine and whisky, respectively.
Market Segment
This study forecasts revenue at U.K., regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United Kingdom Glass Tableware Market based on the below-mentioned segments:
UK Glass Tableware Market, By Product
- Dinnerware
- Drinkware
- Others
UK Glass Tableware Market, By Application
- Household
- Commercial
UK Glass Tableware Market, By Distribution Channel
- Supermarkets & Hypermarkets
- Convenience Stores
- Specialty Stores
- Online
- Others
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