According to the recent study the cocktail glass market is projected to reach an estimated $0.62 billion by 2028 from $0.57 billion in 2023, at a CAGR of 1.8% from 2023 to 2028. Growth in this market is primarily driven by increasing purchasing power of population, rising usage of cocktail glass in the hotel management institutes for educational purpose, and growing number of household bars.
A more than 150–page
report is developed to understand trends, opportunities and forecast in
cocktail glass market by product type (margarita glass, collins glass, martini
glass, and others), application (household, hotels, bars, and others), and
region (North America, Europe, Asia Pacific, and the Rest of the World).
Download sample report by clicking
on below link
https://www.lucintel.com/cocktail-glass-market.aspx
“Margarita glass market is expected to
remain the largest segment during the forecast period.”
Based on product type,
the cocktail glass market is segmented into margarita glass, collins glass,
martini glass, and others. Lucintel forecasts that the margarita glass market
is expected to remain the largest segment due to its growing popularity among
young adults for drinks with 75% alcohol content by volume.
“Within the cocktail glass market, the bars segment is expected to
remain the largest application.”
Based on application the
bars segment is expected to witness the highest growth over the forecast period
due to the extensive use of cocktail glasses in expanding bars of hotels and
restaurants.
“North America will dominate the cocktail glass market in near
future.”
North America will
remain the largest region due to the rising number of pubs and bars in the
region.
Download Brochure of this report by clicking on https://www.lucintel.com/cocktail-glass-market.aspx.
Major players of
cocktail glass market are adopting various growth strategies like new product
launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations
to expand their presence in this market. Libbey, Riedel Vinum, Lenox Tuscany,
Schott Zwiesel Tritan Crystal, Zenan, and Luigi Bormioli are among the major
cocktail glass providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or click on this link https://www.lucintel.com/cocktail-glass-market.aspx or helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer
solutions for you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times. For further information, visit www.lucintel.com.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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