Glass Tableware Market size to grow by USD 1.49 billion, 54% of Market Growth is Expected in APAC, Technavio

NEW YORK, Feb. 26, 2024 /PRNewswire/ -- The global glass tableware market size is forecast to grow by USD 1,493.77 million, at a CAGR of 3.32% between 2022 and 2027, according to Technavio. APAC is estimated to account for 54% of the market's growth during the forecast period. The rising disposable income and increasing economic activities have put a majority of the lower-middle-class population in the upper-middle-class segment. This transformation is creating a significant demand for a wide range of premium consumer goods and items, including glass tableware. Also, many consumers in the region are switching from conventional stainless steel, plastic, and melamine tableware to glass tableware products. All these factors are driving the growth of the regional market. Download a report sample