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Global Glass Tableware Market Insights & Forecast Analysis Reveals CAGR Growth at 6.1% during the Period 2016-2024

Press release Description

Albany, New York, August 1, 2017: Presently, improving purchasing power and rising living standards act as the prime drivers towards the demand for glass tableware worldwide. To further look into the concerned market, a new study has been included in the wide database of Market Research Reports Search Engine (MRRSE). The research study is titled ‘‘Glass Tableware Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 – 2024‘’, which presents a well-analyzed source of the most valuable factors comprising of market strategies, players, and regions linked to the glass tableware industry. Moreover, the readers can also access forecast details which have been carefully enclosed in the report.

According to this smart research study, the global market for glass tableware is likely to surge at a CAGR of 6.1% during the forecast period 2016-2024. At this pace, the market is anticipated to reach US$14.2 Billion in 2024, from a value of US$ 8.8 Billion in 2015. The report starts with details related to the market scope, market segmentation as well as research highlights. To educate the readers in a precise manner, information related to key market indicators, market dynamics, drivers, and restraints are accurately mentioned in the study. Considering the market drivers, increasing awareness linked to environmental hazards from plastic and the fact that it remains non-biodegradable has motivated consumers to consider glass tableware over plastic. 

The report later proceeds with the deep analysis of the prominent market regions. This research study segments the glass tableware market geographically into North America, Europe, the Middle East, Latin America and Asia Pacific. Among these, the emerging economies have turned up to provide a significant contribution, especially in Asia Pacific. Countries such as China, Japan, and India are likely to boost the demand for glass tableware in this region. Additionally, useful information highlighting the innovations as well as revenue share focusing on the regional segregation until 2024 is also available in this smart report. 

In the concluding section, data about the active players are presented in a scrutinized manner to enlighten the readers. Some of the prime companies from the glass tableware sector are ARC International S.A., Libbey Inc., Anchor Hocking LLC, Bomiolli Rocco SpA, Sisecam Group, World Kitchen LLC, Lenox Corporation, La Opala R. G. Ltd., Wolomin S.A. and Kavalier Glass A. S.

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