Swirling wine helps to invigorate aromas within the glass. This small movement will heighten the intensity of the aroma and gives a better expression of flavour. Either way, a stemmed glass is much easier to elegantly swirl than one without. The sturdy, solid design of stemmed glasses makes them reliable and less likely to break than the stems on traditional wine glasses. One can use stemmed glasses for informal or formal entertaining. Stemmed glasses are considered to take away the anxiety related to holding a traditional wine glass.
It is estimated for the stemmed wine glass market to witness growth at a CAGR of 3.8% during the forecast period of 2022 to 2030. The market witnessed growth at a stable rate even during the previous forecast period of 2018 to 2021.
The growing popularity of these glasses among the younger generation of wine consumers is estimated to boost the growth of the market during the forecast period. Also, the growing number of wines and liquor that serve wine in these stemmed glasses is also boosting the growth of the market during the forecast period.
The increase in awareness among the people with respect to the health benefits of the drink such as prevention against heart disease and harmful inflammation and increased consumption of the beverage as it is known to provide antioxidants, and promote longevity further are estimated to boost the growth of the market during the forecast period.
Global Stemmed Wine Glasses Market – Key TrendsIncreasing urbanization to boost the growth of the market
Factors such as urbanization, integration of drinks during meals, rise in consumer preference for quality alcoholic beverages, increase in spending on beverages and lavish lifestyle are the factors that are estimated to boost the growth of the market during the forecast period.
The increasing popularity of wine to foster the growth of the market
The growing popularity of these glasses among the younger generation of wine consumers is estimated to boost the growth of the market during the forecast period. Also, the growing number of wines and liquor that serve wine in these stemmed glasses is also boosting the growth of the market during the forecast period.
Global Stemmed Wine Glasses Market – Segmental Assessment
By Type
• Glass
• Crystal
• Others
It is estimated for the glass segment to boost the growth of the market.
By Application
• Household
• Hotel
• Bar
• Other
It is estimated for the Bar segment to boost the growth of the market.
Global Stemmed Wine Glasses Market – Geographical Landscape
It is estimated for the region of North America to witness immense growth in the market. The region is expected to grow at a healthy CAGR of during the forecast period. The market in Asia Pacific is projected to grow at a stable rate during the forecast period. The increasing number of wine consumers in the region of Asia Pacific is estimated to drive the growth of the market in the region during the forecast period.
Global Stemmed Wine Glasses Market – Competitive Hierarchy
The major players covered in the wine glass market report are Anhui Deli daily Glass Co., Ltd, Arc Holdings,Bormioli Rocco S.p.A.,Libbey, Present Ocean Glass Public Company Limited, RONA USA.,Steelite International., Oneida Ltd.,EuroCave UK.,Fiskars Group, Lifetime Brands, Inc., True Brands,Zwiesel crystal glass,Nambé, LLC,KegWorks., Rabbit, Carlisle FoodService Products., Cocktail Kingdom LLC,Cresimo.,Vacu Vin B.V., American Metalcraft, Inc.,and Chenimage and so on are the major players in the market.
Report Scope
Global Stemmed Wine Glasses Market : Historical Years (2018 to 2021)
Global Stemmed Wine Glasses Market : Forecast years (2022 to 2030)
Global Stemmed Wine Glasses Market CAGR 3.8%
Key Segments Reported
By Type (Glass, Crystal and Others)
By Application (Household, Hotel, Bar and Other)
Major regions and countries covered
• North America
• Europe
• Asia Pacific
• Middle East
• Rest of the World
Analysis of the impact of COVID-19 and the Russia-Ukraine War:
The readers of this section will be better informed on the effects of the pandemic, the post-pandemic, and the Russia-Ukraine War on the global market for refrigerated freight services. The factors that have changed since the poll was done include demand, consumption, transportation, consumer behavior, and supply chain management. Industry experts have also emphasized the crucial factors that will help players identify opportunities and maintain the sector as a whole in the approaching years.
The main goals of report are:
- To examine and assignment the extent of the international market for the market sector.
- To Researching the important gamers globally, their SWOT analysis, market value, and market share.
- To identify, describe, and mission market based totally on type, quit use, and geography.
- To take a look at the market advantages, challenges, dangers, and constraints in the world’s principal regions.
- To pick out key traits and variables that are advertising or inhibiting market growth.
- To decide the excessive increase segments in order to have a look at the market potentialities for stakeholders.
- To consider every submarket fastidiously in phrases of its very own boom sample and market contribution.
- To know market possessions, agreements, growth, and the introduction of new merchandise as aggressive advances.
- To strategically discover the essential gamers and completely take a look at their enlargement plans.
