Europe, North America, and South America Drinkware Market, By Product (Wine Glass, Beer Glass, Everyday Glass, Cocktail Glass, Spirit Glass, Others), Material (Polymer/Plastic, Metal, Glass, Silicone, Ceramic, Porcelain/Stoneware), Application (Domestic, Commercial), Distribution Channel (B2B, E-Commerce, Supermarkets/Hypermarkets, Specialized Stores, Others) - Industry Trends and Forecast to 2030.
Europe, North America, and South America Drinkware Market Analysis and Size
The Europe, North America, and South America drinkware market is being driven by the positive outlook towards the beverage industry and rising spending towards premium kitchenware items in households which are the driving factors for Europe, North America, and South America drinkware market. Moreover, a supportive outlook towards e-commerce for drinkware is expected to propel the Europe, North America, and South America drinkware market growth. However, the presence of harmful elements in drinkware and the threat of hygienic problems due to reusing drinkware may restrain the market growth.
Data Bridge Market Research analyses that Europe, North America, and South America drinkware market is expected to reach the value of USD 4,009,083.65 thousand by 2030, at a CAGR of 5.4% during the forecast period.
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Year
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Thousand
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Segments Covered
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Product (Wine Glass, Beer Glass, Everyday Glass, Cocktail Glass, Spirit Glass, Others), Material (Polymer/Plastic, Metal, Glass, Silicone, Ceramic, Porcelain/Stoneware), Application (Domestic, Commercial), Distribution Channel (B2B, E-Commerce, Supermarkets/Hypermarkets, Specialized Stores, Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Spain, Italy, Netherlands, Russia, Turkey, Belgium, Switzerland, Rest of Europe
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Market Players Covered
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ROLF GLASS, Tiroler Glashütte GmbH, CUMBRIA CRYSTAL, Villeroy & Boch AG, Fiskars Group, Degrenne, Bormioli Rocco S.p.A., Lenox Corporation, The Zrike Company, Libbey, Duralex, Garbo Glassware, Cristar, Lifetime Brands, Inc., and Group SEB among others
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Market Definition
Drinkware refers to the containers such as glasses and tumblers used for holding and consuming drinks. It can be used for wine, cocktails, juice, water, or any other beverage product. Drinkware can be produced from different materials such as glass, metal, polymer, and porcelain. They are not only used for functional purposes but also are used for décor and gift purposes. They are subcategorized into beer glasses, wine glasses, beer glasses, everyday usage glasses, spirit glasses, and cocktail glasses among others.
Europe, North America, and South America Drinkware Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail as below:
Drivers
- Positive Outlook Toward Beverages Industry
A beverage or drink is any liquid intended for consumption by human beings. Their basic function is to satisfy thirst, but additionally, it plays important roles in human culture. Commonly used cold beverages are milk, juice, soft drinks, alcoholic drinks, and smoothies. Whereas, traditional warm drinks are tea, coffee, and hot chocolate. Caffeinated drinks are liked very much.
As the beverage industry is rapidly growing, the demand for drinkware is also escalating. customers in Europe, North America, and South America are very much specific about their requirements for drinkware which is expected to drive the market’s growth.
- Increasing Prevalence of Pubs, Bars, Nightclubs, and Other Beverage Based Gastronomy Locations
Over the years, the presence of pubs, bars, and nightclubs has drastically increased. All three basically have a similar meaning: a place of entertainment where people go to buy and drink alcoholic beverages such as beer, wine, cocktails, liquor, and other beverages such as mineral water and soft drinks. Some places often serve food also. Nightclubs also have music and dance facilities. If these many varieties of beverages are offered in bars, pubs, and nightclubs, then high quality and a large number of drinkware are required. People often visit pubs, bars, and nightclubs for spending leisure time. Moreover, the increasing spending on luxurious lifestyles is also impacting the growth of the market positively.
Beverage consumption has prominently increased among youth. They often prefer to go to bars. Nightclubs are known to be a good place for enjoying the nightlife. House parties, clubbing, Greek events and college football games are some of the popular ways to spend leisure time.
- Rising Demand for Various Home Furnishing Applications
It is well known that the population is continuously growing. The European population has already surpassed 700 million in 2022. With the growth in the number of citizens, it is obvious that their need for housing and kitchenware will also increase. The kitchenware includes cookware, drinkware, and tableware. Other than that the decorative items also. In any modern household, the kitchen has all the required instruments. This also includes different types of drinkware for different occasions.
In states events such as housewarming parties, engagement parties, and birthday celebrations are very much popular. These are the special events mandatory to be highly celebrated. And in every event various drinks are served. Hence, the varieties of drinkware required are also broad. For instance, at engagement parties, cocktails, and champagnes are served, at birthday parties whiskey or rum can be served, and at housewarming parties wine or beer can be served. This way each event has different requirements for drinkware. Wealthy households spend a lot on buying branded and high-quality drinkware. Thus, rising spending on premium kitchenware items in households is expected to drive the market’s growth.
RESTRAINTS
- Presence of Harmful Elements in Drinkware
Drinkware are most commonly found in household items, restaurants, bars, and cafes. They are mostly made up of materials such as glass, metal, polymer, ceramic, and steel. Drinkware are generally considered to be safe, but many of the drinking vessels are made up of such materials that contain harmful elements which may get mixed with the drinks, causing a risk to the health.
Various harmful elements such as lead and cadmium can be found in drinkware. These two heavy metals are frequently added to glass items to help them melt during the production process, but they can be harmful to the body's health. Consumption of liquids in drinkware decorated within the lip area may result in direct ingestion, with exposure increased for hot or acidic drinks. Long-term exposure to lead and cadmium may increase the risk of high blood pressure, kidney damage, increased risk of cancer, and nervous system damage. Moreover, other harmful elements such as arsenic and chromium too can be found in drinkware that may leach into drinks. This may restrain the market’s growth.
- Reusing Drinkware Poses Hygienic Problems
Drinkware are widely used in domestic, bars and cafes, and restaurants. These drinkware are further reused again for drinking purposes repeatedly. If not cleaned and sanitized properly it can cause hygienic problems. The microorganisms further survive in the moist environment and could be a breeding ground for various harmful parasites, bacteria, and microbes, thus causing dreadful diseases.
There is a high risk of cross-contamination when the drinkware is used repeatedly. When various people make use of the drinkware the microorganisms can get transferred to the drinkware. If not cleaned properly it can create a high risk of diseases, especially in areas such as hotels and restaurants. Moreover, sometimes there are traces of contamination left on the glass after washing that may cause the bubbles to rise from the glass bottom part to stick on the glass side which has a high chance to contaminate the drink. In addition to it, the user can get high exposure to chemicals and heavy metals such as cadmium and lead when the drinkware is used many times, further causing harmful diseases to consumers.
CHALLENGES
- Manufacturing Challenges Related to the Production of Drinkware
The usage of drinkware is very extensive in day-to-day life in which the drinkware made from various materials such as glass, ceramic, polymer, and metal are widely used. The drinkware's shape and size can widely differ due to the variation in material, color, or production technology. For the production of such drinkware, molds are being used so that the desired shape, size, and thickness of drinkware can be obtained. To manufacture a unique type of drinkware the mold production may take a couple of weeks. Once the mold is prepared, the drinkware production factory further starts production of drinkware. The desired product manufacturing could take time to produce a good sample. Moreover, to achieve consistency in manufacturing in production, techniques such as injection molding and glass blowing are used that can be expensive and requires skilled professionals. Such a process too leads to the consumption of raw materials and energy that can be a potential manufacturing challenge to produce drinkware.
OPPORTUNITIES
- Supportive Outlook Towards E-Commerce For Drinkware
Over the years, the online market has evolved tremendously and built a strong platform for customers. As e-commerce provides the products at doorstep, more and more customers are inclined towards buying their required products online. The same goes for the tableware and kitchenware. Easy transactions and hassle-free deliveries have influenced customers to opt for online shopping. One more important aspect is worldwide deliveries. Some of the manufacturers also provide over-the-world product delivery. Major manufacturers such as ROLF GLASS and Bormioli Rocco have their drinkware products marketed on online platforms.
- New Technological Developments Offering Self-Healing Features in Drinkware
Technological developments mean the overall process of invention, innovation, and diffusion of products or technology. It always tends to give a new and turn to the already existing production of any product. With companies set to face increasing pressure in the future, smart technologies are anticipated to become an important factor in driving efficiency in drinkware manufacturing. Every step is crucial starting from designing the product, its manufacture, tracing the products at every aspect of the supply chain to its marketing.
In this digital era robots controlled by artificial intelligence, and smart technologies are replacing human labor in factories and manufacturing units. They have been observed as more efficient in working style and less time taking. These factors are leading manufacturers to invest in a robotic workforce. Innovative technologies also enhance the product's quality and features such as durability, style, texture, color, and model. The developments of smart glass and self-healing materials will open new ways for drinkware production.
Europe, North America, and South America Drinkware Market Scope
The Europe, North America, and South America drinkware market is categorized into four notable segments, namely product, material, application, and distribution channel. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Wine Glass
- Beer Glass
- Everyday Glass
- Cocktail Glass
- Spirit Glass
- Others
On the basis of product, the market is segmented into a wine glass, beer glass, everyday glass, cocktail glass, spirit glass, and others.
Material
- Polymer/Plastic
- Metal
- Glass
- Silicone
- Ceramic
- Porcelain/Stoneware
On the basis of material, the market is segmented into polymer/plastic, metal, glass, silicone, ceramic, and porcelain/stoneware.
Application
- Domestic
- Commercial
On the basis of application, the market is segmented into domestic and commercial.
Distribution Channel
- B2B
- E-Commerce
- Supermarkets/Hypermarkets
- Specialized Stores
- Others
On the basis of distribution channel, the market is segmented into B2B, e-commerce, supermarkets/hypermarkets, specialized stores, and others.
Europe, North America, and South America Drinkware Market Regional Analysis/Insights
Europe, North America, and South America drinkware market is analyzed and market size insights and trends are provided by country on product and end use as referenced above.
Europe, North America, and South America drinkware market is categorized into four notable segments, namely product, material, application, and distribution channel.
The countries covered in the Europe, North America, and South America drinkware market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Spain, Italy, Netherlands, Russia, Turkey, Belgium, Switzerland, Rest of Europe.
Europe is expected to dominate the Europe, North America, and South America drinkware market. Rising spending towards premium drinkware items in households is the major reason for the growth of Europe, North America, and South America drinkware market in Europe.
The country section of the report also provides individual market-impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Europe, North America, and South America Drinkware Market Share Analysis
The Europe, North America, and South America drinkware market competitive landscape provide details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Asia-Pacific presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies focus on the Europe, North America, and South America drinkware market.
Some of the major players operating in Europe, North America, and South America drinkware market are ROLF GLASS, Tiroler Glashütte GmbH, CUMBRIA CRYSTAL, Villeroy & Boch AG, Fiskars Group, Degrenne, Bormioli Rocco S.p.A., Lenox Corporation, The Zrike Company, Libbey, Duralex, Garbo Glassware, Cristar, Lifetime Brands, Inc., and Group SEB among others.
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