What is Wine Glasses Market?
Wine glass market is expected to grow worldwide owing to changing lifestyle standards and increasing disposable income. Changing customer preferences regarding alcoholic beverages, rising awareness about alcohol by volume and increasing online distributors are the key factors expected to drive the wine industry, which in turn is expected to promote growth of the wine glass industry over the forecast period.
The market study is being classified by Type (Red Wine Glasses, White Wine Glasses, Sparkling Wine Glass, Dessert Wine Glass and Others), by Application (Household, Hotel, Bar and Other) and major geographies with country level break-up.
Riedel Crystal America Inc. (United States), Libbey Glass, Inc. (United States), Baccarat S.A. manufactures (France), Christofle France S.A. (France), Ocean Glass Public Company Limited (Thailand), SchottZwiesel (Germany), Shanghai Grandware Industrial Co.Ltd (China) and Shenzhen Rainbow Houseware Co. Ltd (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Coloury Industrial Limited (China) and Fengyang Ruitailai Glassware Co. Ltd (China).
Growing hotel and catering services are expected to drive growth of wine glass market. Vast number of players are present in the market hence showcasing fragmented nature of the market. Research Analyst at AMA predicts that China and Europe Vendors will contribute to the maximum growth of Global Wine Glasses market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Wine Glasses market by Type, Application and Region.
On the basis of geography, the market of Wine Glasses has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Developing Hotel and Catering Industries
- Increasing Disposal Income and Changing Lifestyle
- Rising Awareness about Alcohol by Volume
- Developing of Flavored Wines, Leading to More People Drinking Wine, hence More Glass Sale
- Fluctuating Raw Material Prices
- Increasing Demand of Online Distributors
- Growing Customer Inclination towards Wine over other Alcoholic Beverages
- Production of Superior Quality of Wine Glasses
Key Target AudienceHotels, Catering Service Providers, Wine Glass Manufacturers/ Distributers/ Suppliers, Research Organizations and Consulting Companies, Organizations, Associations and Alliances Related To Wine Glass Market, Government Bodies Such As Regulating Authorities and Policy Makers., Industry Associations, Market Research and Consulting Firms and Others
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