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Beer Glassware Market Size To Reach $651.9Mn By 2030

Beer Glassware Market Size To Reach $651.9 Million By 2030

December 2024 | Report Format: Electronic (PDF)

Beer Glassware Market Growth & Trends

The global beer glassware market size is expected to reach USD 651.9 million by 2030, according to a new report by Grand View Research, Inc. It is projected to register a CAGR of 8.0% from 2024 to 2030. Increasing consumption of craft beer as a result of shifting consumer preference towards flavored or low ABV beer is expected to expand the market reach. In addition, rising number of alcohol-serving restaurants, pubs, bars, and clubs in developing countries including China and India is projected to fuel the demand for various drinkware products including glasses.

Pint segment is expected to lead the market over the next few years. These traditional glasses are the most commonly used for drinking beer. Consumers prefer pints as they accommodate more alcohol and have large crowning heads. Majority of commercial places including restaurants, bars, and pubs use pints to serve beer, which is anticipated to further fuel the product demand.

The household application sector expected to grow at a faster CAGR during the forecast period. Rising number of house parties coupled with popularity of drinking games among adults are anticipated to promote the product demand from the household sector in the upcoming years.

Online distribution channel segment is expected to witness the fastest CAGR of more than 4% from over the forecast period. Rapid rise in the number of smartphone users is anticipated to bode well for online shopping. Assured safety, safe transportation, and hassle-free product delivery among others are some of the major factor driving the adoption of this distribution channel.

In 2023, Europe held the largest market share of over 30.1% in terms of revenue. Increasing penetration of microbreweries in Germany, Poland, U.K., Netherlands, Spain, France, and Belgium, among other countries has been fueling the regional product demand. Furthermore, growing trend of home-brewing in Germany, Denmark, and Finland has been promoting the demand for beer glasses in Europe.

Key participants operating in the beer glassware market include Libbey, Inc.; Arc International; Bormioli Rocco; Corelle Brands, LLC; Oneida Group; Bayerische Glaswerke GmbH; The Boelter Companies; Shanxi Dahua Glass Industrial Co., Ltd.; Duralex USA; and Ocean Glass.

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Beer Glassware Market Report Highlights

The pints segment dominated the market with a revenue share of 34.1% in 2023 and the mugs accounted for a significant share in the product segment of the beer glassware market
The commercial application segment accounted for the largest revenue share in 2023 and the other hand, the household segment is expected to grow at a faster CAGR during the forecast period
Europe led the beer glassware market in 2023, held the largest share of 30.1% and the Asia Pacific beer glassware market is expected to witness the fastest CAGR of 10.6% over the forecast period