Non-Alcoholic Concentrated Syrup Market Worth $33.82 Billion By 2025

The global non-alcoholic concentrated syrup market size is expected to reach USD 33.82 billion by 2025, according to a new report by Grand View Research, Inc. The market is estimated to register a CAGR of 5.9% from 2019 to 2025 on account of increasing product demand across the globe. Moreover, rising consumption of non-carbonated drinks in developed countries including U.S., Mexico, and Canada is expected to boost the product demand further.

Wide product usage in the pharmaceutical industry is also expected to provide new growth opportunities for market participants, thereby impelling them to develop new products. For instance, Torani, in 2019, launched pumpkin spice Puremade Syrup in San Francisco. In addition, key companies are acquiring new segments of the market with their premium products, including concentrated syrups of unique flavors and authentic taste for nutritional benefits.

North America was the dominant regional market in 2018 and is anticipated to expand further at a CAGR of 5.9% from 2019 to 2025 due to high production of fruit and vegetable syrups in U.S. However, Asia Pacific is projected to witness the fastest growth rate over the forecast years. This growth is credited to increased product demand and presence of target population in countries including, India, China, and Bangladesh. Moreover, high demand for convenience foods and beverages will contribute to the growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/non-alcoholic-concentrated-syrup-market

Further key findings from the study suggest:

  • Fruit syrup was the dominant product segment in 2018 and will retain its dominant position throughout the forecast years
  • The supermarkets/hypermarkets distribution channel segment led the overall market in 2018 and will expand further at a steady growth rate from 2019 to 2025
  • North America led the global non-alcoholic concentrated syrup market in the past and this trend is projected to continue over the next few years due to high product demand
  • The industry is highly competitive in nature with the key companies including Pioma Industries Pvt. Ltd., Monin, Britvic Plc., Himdard Laboratory, Nichols Plc, Hindustan Unilever Ltd., Suntory Holdings Ltd., Cottee’s Pvt. Ltd., The Coca-Cola Company, and Elvin Group

Pea Flakes Market Size Worth $3.4 Billion By 2025

The global pea flakes market size is expected to reach USD 3.4 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 9.6% over the forecast period. Growing awareness regarding health benefits offered and rise in incorporation of pea flakes as a staple food are expected to remain a key driving factor. Furthermore, increasing application of yellow and green pea flakes as an animal feed and aqua feed is fueling the demand for these products.

North America dominated the market in 2018 with a revenue of USD 629.3 million. This region is expected to witness significant growth due to growing awareness regarding the high nutritional content of the product and rising health issues like obesity and high blood pressure. Furthermore, strong brand goodwill and foothold of one of the major industry players, Garden Valley Foods is generating demand through their well-established distributor networks in U.S.

Asia pacific is anticipated to witness significant growth in the coming years. This growth is attributed to growing health awareness and rapidly increasing population in the countries including China and India. Rising incorporation of pea flakes in soups, salads, and other food products is a key factor expanding the scope of the global market in above-mentioned countries.

Yellow pea flakes led the market and accounted for 53.1% share of the overall revenue in 2018 owing to their high vitamin, mineral, and protein content, coupled with increasing inclination of consumers towards these products. Green pea flakes is the fastest growing segment in the market since it is easy to digest, rich in fiber, and natural source of protein. Growing application of pea flakes in aqua feed is drawing more demand for these products.

The food processing application segment accounted for the largest market share in 2018 due to superior health benefits of the product and high acceptance among the fitness oriented population. Usage of these products in animal feed is increasing in order to fulfill nutritional deficiencies.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/pea-flakes-market

Further key findings from the report suggest:

  • The global pea flakes market is projected to generate a revenue of USD 3.4 billion by 2025
  • By application, animal feed held a share of 25.3% of the overall revenue for the year, 2018
  • Europe is expected to account for 25.9% share of global revenue by 2025
  • Key players operating in this market include Garden Valley Foods; Gemef Industries (Sotexpro); PE Levona; JR Farm; BP Milling; Dumoulin S.A.; Green Foods LLP; and Inland Empire Foods Inc.

Tankless Water Heater Market Worth $4.6 Billion By 2025

The global tankless water heater market size is anticipated to reach USD 4.6 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 7.5% over the forecast period. Launch of innovative products with improved design is a main factor driving demand for tankless water heater over the forecast period. For instance, in 2019, companies including Rinnai and Raheem have launched energy efficient water heaters for the residential sector. Their products are equipped with Wi-Fi and voice recognition, which allow the users to remotely monitor temperature and water circulation when required through smartphone.

Electric products held a leading market share in 2018 and is anticipated to witness the fastest growth in the coming years. Rapid increase in adoption of these heaters among the residential and commercial sectors is expected to boost market growth over the forecast period. Many homeowners are increasingly adopting electric tankless water heaters due to their energy efficiency and low maintenance and operating costs associated with them. In addition, these products are generally less expensive and have longer warranties as compared to gas counterparts.

The residential application segment held a leading share of 72.4% in 2018. Shifting consumer inclination towards energy efficient and eco-friendly products is a main factor driving the demand for these products in the residential sector. Moreover, increasing adoption of smart products and growing urbanization are expected to have a positive impact on the market growth in the upcoming years. For instance, Rheem’s Prestige models have EcoNet Smart Technology that provides Wi-Fi connectivity and added features, which offer system protection, control, and monetary savings. Furthermore, improving standard of living, coupled with introduction of innovative products, is expected to have a positive impact on market growth.

The commercial application segment is anticipated to expand at the fastest CAGR of 7.8% from 2019 to 2025. Introduction of innovative products is a main factor driving the demand for tankless water heater. Increasing number of commercial buildings including restaurants, hotels, and hospitals owing to growing tourism industry will fuel demand for hot water, which, in turn, is expected to increase adoption of the product.

Europe held a leading market share in 2018 owing to high production of these products and shifting consumer preference for energy efficient and economical products. North America is anticipated to expand at the fastest CAGR of 10.7% from 2019 to 2025. Growing awareness related to ecological products, coupled with increasing product visibility, is a main factor driving the market demand. Moreover, presence of prominent players in the region such as A. O. Smith and Rheem is expected to propel demand for tankless water heater in the upcoming years.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/tankless-water-heater-market

Further key findings from the report suggest:

  • North America for tankless water heater market is anticipated to expand at the fastest CAGR of 10.7% from 2019 to 2025 due to shifting consumer preference towards ecological products including tankless water heater
  • Europe is expected to reach USD 1.5 billion by 2025 due to surging number of residential buildings, especially in Germany, U.K, and France, thus promoting sales of tankless water heater in the region
  • Asia Pacific is anticipated to expand at a CAGR of 7.9% from 2019 to 2025 owing to high product availability, especially in Japan and China
  • In 2018, U.S. held a significant share in the North America market on account of rising popularity of electric tankless water heaters among buyers in the residential sector
  • Some of the key manufacturers are A. O. Smith; Rheem Manufacturing Company; Rinnai Corporation; Bradford White Corporation; Robert Bosch LLC; EcoSmart Green Energy Products, Inc.; Stiebel Eltron Inc.; Takagi; Noritz America; and Navien Inc.

Skin Toner Market Size Worth $900.6 Million By 2025

The global skin toner market size is expected to reach USD 900.6 million by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.7% over the forecast period. The market expansion is attributed to growing demand among the teenagers for products that helps in keeping the skin acne and pimple free and offers protection against rising pollution. Changing lifestyle, which expects people to spend a large chunk of their day outside their houses, has made skin care regimen, an essential part of personal grooming. Along with exercise and healthy eating habits, caring for the skin by using proper cleansing, toning, and moisturizing products on daily basis has become a part of the daily chore.

For instance, in August, 2019, Soko Glam, Inc. launched a new skin toner under the brand name, R.E.P. Nutrinature Ultra All-In-One Multitem. The product is said to offer toning as well as moisturizing characteristics. This product has the ability to maintain the softness, brightness, hydration, and youth. These products consist of many naturally derived ingredients including olive, avocado, and rose hip oil. Similarly, in the same month, Janell Stephens, launched its own line ski care products under the brand, “Face”. Along with five other products, it also consists of a two in one makeup remover cum toner named Fresh Toner. It is available for less than USD 20 on camillerose.com. The product is said to give dewy look.

In July 2019, in Sephora’s Singapore’s press day the French brand Gallinée launched face vinegar toner. The product maintains a health balance of bacteria on the face for perfect skin. It contains a blend of prebiotics and postbiotics, which help in protecting the skin by keeping free from radicals and oxidative, thereby resulting in balanced and refreshed skin texture. Similarly, in July 2019, the South Korean company, K-beauty under its brand Laneige’s launched a two in one skin toner and moisturizer. The product is available for USD 33 and guarantees softness and hydration.

Key manufacturers of skin toner market include Dermalogica; Dr. Hauschka; Dickinson Brands Inc.; Johnson & Johnson Consumer Inc.; La Mer Technology, Inc.; Kiehl’s Since 1851; La Roche-Posays; Lush; Milk Makeup; PIXI – SJOVIK LTD.; THAYERS NATURAL; REMEDIES; THE BODY SHOP; and The Ordinary. The manufacturers are expected to increase spending on new product developments in order to expand their market size over the next few years.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/skin-toner-market

Further key findings from the report suggest:

  • The fluid forms accounted for 70.1% share in 2018. These products got the first mover advantage and thus create a huge penetration. Mist forms are expected to expand at the fastest CAGR of 4.9% from 2019 to 2025
  • Organic products are expected to generate over USD 140 million by 2025 owing to growing popularity of natural products. Conventional products held more than 80.0% share in 2018
  • By gender, the women segment dominated the market, accounting for more than 85.0% share of the global revenue in 2018.

Native Collagen Market Size Worth $231.6 Million By 2025

The global native collagen market size is expected to reach USD 231.6 million by 2025, exhibiting a CAGR of 5.4% over the forecast period, according to a new report by published by Grand View Research, Inc. Increasing demand for the product in cosmetics formulations owing to its anti-inflammatory, antioxidant, and anti-aging properties is expected to fuel the market growth.

Native collagen is in an unprocessed form of the protein, which is employed in several end-use applications such as bone and joint reconstruction, wound dressing, tissue regeneration, and in various skincare products. It is further processed or hydrolyzed to form peptides and gelatin. Processed products are used for various purposes in several industries such as food and beverage, personal care and cosmetics, photographic, and healthcare. Increasing demand for processed products from these end-use industries is anticipated to boost the production of gelatin and hydrolyzed collagen, thereby hampering the market growth.

Native collagen is also used in dietary supplements, dental implants, and cell culture. The growth of the segment can be attributed to the increasing use of the product in research related actives. Native collagen is widely being used in dietary supplements used for bone and joint health. In cell culture activities, it is used as a coating solution for facilitating cell attachment, growth, differentiation, migration, and tissue morphogenesis.

A majority of the manufacturers in the native collagen market are investing heavily in R&D activities to meet the regulatory norms, specifications, and guidelines. Several native collagen suppliers are focusing on dealing with more than one manufacturer owing to price competitiveness in the market as the product is niche. Some of the major market players include Thermo Fisher; Bio-Rad Laboratories, Inc.; Aviva Systems Biology Corporation; and RayBiotech, Inc. Most companies are involved in the distribution of the product for cell culture activities.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/native-collagen-market

Further key findings from the report suggest:

  • In terms of revenue, marine source segment is projected to ascend at a CAGR of 5.8% over the forecast period
  • In terms of volume, wound dressing emerged as the largest application segment in 2018, owing to the ability of the product to treat chronic wounds by inhibiting metalloproteinase
  • Asia Pacific is projected to witness a remarkable CAGR of 6.5% in near future, owing to the increasing consumption of healthcare and cosmetic products in the region
  • A majority of market players offering native collagen are forward integrated across the value chain and also offer extracted products

Natural Gas Generator Market Size Worth $10.87 Billion By 2025

The global natural gas generator market size is projected to reach USD 10.87 Billion by 2025, registering a CAGR of 10.7% over the forecast period, according to a new report by Grand View Research, Inc. growing demand for back-up power coupled with increasing government regulation to reduce the carbon emission caused by diesel generator is likely to strengthen the growth for the natural gas genset market during the forecast period.

The global electricity demand is anticipated to witness an increase of nearly two-thirds the current demand over the forecast period. The current availability of natural gas in large quantities and its relatively lower prices, especially in regions such as North America and Europe, have led to an increase in power generation using natural gas.

Increasing focus on electricity generation through cleaner sources and environmental concerns arising from diesel generators are the factors anticipated to increase the share of natural gas generator set in the coming years.

Conventional generators such as diesel generator emit harmful gases including nitrogen oxide, hydrocarbons, and carbon monoxide due to the combustion of diesel. Due to this, different regulatory bodies have imposed stringent regulations that pose a barrier to the usage of diesel generators. This, in turn, has resulted in the growth of eco-friendly alternatives of diesel generators such as natural gas generator.

Emerging economies in Asia Pacific region such as India, China, Japan and others have witnessed a strong growth in commercial sectors. IT, telecom and retail sector, resulting in the growth of demand for natural generators over diesel generator for back-up power application owing to the increasing stringent government regulation to curb greenhouse gas emission caused by diesel generator.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/natural-gas-generator-market

Further key findings from the report suggest:

  • Low power generator accounted for the largest market share in power rating segment with USD 2,321.7 million in 2018. Low power generator are very popular for residential and commercial power backup operation. Due to growing urbanization, national grids are getting pressurized which is resulting in the increased demand supply gap for power which is eventually driving the demand for natural gas generator market.
  • Medium power generator in power rating segment is projected to grow at highest CAGR during the forecast period. Increasing demand from emerging economies such as China, India and Brazil for back -up power system which uses clean fuel, for commercial and industrial application are a major driver for medium power generators.
  • For application segment, commercial segment accounted for the largest market share in 2018 and is projected to grow at highest CAGR during the forecast period Developing economies in Asia Pacific have witnessed strong growth in commercial sectors. IT, telecom, and retail are some of the major sectors that are growing rapidly in developing countries of Asia Pacific, resulting in a high demand for natural gas generators as natural gas generator are crucial for back-up power in these facilities.
  • North America accounted for the largest market share in 2018. The abundance of natural gas in the U.S. coupled with developed infrastructure for transportation of natural gas within the country has played a vital role in driving the demand for gas generator sets in the U.S.
  • Asia Pacific market is forecasted to witness highest growth during the forecast period and is projected to be valued at USD 2.84 billion by 2025. High growth of industrial sector in China, India, Japan, and South Korea has triggered the demand for industrial generator sets in the region.
  • The establishment of heavy equipment, oil & gas, and process companies in China owing to low labor and utility costs has been one of the factors responsible for the growing penetration of gas generator set in the region.
  • Some of the significant industry participants include Cummins Inc., Caterpillar Inc., Kohler co. Inc., Mitsubishi Heavy Industries, Ltd., MTU Onsite Energy, Generac Power Systems, Inc., Cooper Corp., General Electric, Yanmar Co., Ltd, Mahindra Powerol, and others. These players have adopted various organic and inorganic growth strategies to expand there product portfolio and geographical footprint.

North America Self-contained Breathing Apparatus Market Worth $962.2 Million By 2025

The North America self-contained breathing apparatus market size is expected to reach USD 962.2 million by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 8.1% over the forecast period. Increasing incidence of occupational injuries, coupled with growing requirement of high-utility protective equipment, is anticipated to spur demand for self-contained breathing apparatus (SCBA) over the coming years.

Strict safety legislations pertaining to asbestos mining, complemented by rising employee awareness regarding personal and respiratory safety across major industries, are expected to drive demand for self-contained breathing apparatus over the forecast period. In addition, various regulatory bodies such as the Occupational Safety and Health Administration (OSHA) and the Environmental Protection Agency (EPA) have issued guidelines for monitoring activities associated with exposure to hazardous gases and particulates, thereby boosting product demand in recent years.

Largescale investments for sustaining oil and gas production levels and improving overall production efficiency are anticipated to contribute to the growth of the oil and gas industry in the U.S. Oil and gas being a labor-intensive industry, growth in the industry is projected to drive the employment rate, thereby boosting the need for SCBA.

Various educational and training programs related to the use and maintenance of respiratory protective equipment are expected to spread awareness regarding the benefits and proper use of self-contained breathing apparatus, which is projected to promote market growth. In addition, the implementation of safety laws in fire service industry by the government is likely to promote the use of SCBA over the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/north-america-self-contained-breathing-apparatus-market

Further key findings from the report suggest:

  • Demand for self-contained breathing apparatus in the chemicals/petrochemicals industry is anticipated to experience strong growth over the forecast period owing to increasing adoption of engineering control methods, which necessitates the use of respiratory protective products such as SCBA
  • The mining industry is expected to account for 8.2% of the overall market in terms of revenue by 2025 due to rise in occupational health risks owing to the presence of fine airborne particulate matter
  • U.S. is anticipated to exhibit a CAGR of 7.6% in terms of revenue over the forecast period. Increasing onshore and offshore drilling activities, coupled with rising shale gas production has resulted in lifting demand for self-contained breathing apparatus in recent times
  • Rapid rise in mergers and acquisitions, integration operations, and site relocations has driven the demand for industrial construction in Canada and Mexico, thereby boosting the demand for SCBA in the region
  • Constant need for innovation and development on account of increasing user expectations and shifting health and safety regulations has forced manufacturers to spend more on R&D in order to develop efficient products. This will benefit market growth.

Drinking Water Adsorbents Market Size Worth $603.9 Million By 2025

The global drinking water adsorbents market size is expected to reach USD 603.9 million by 2025, registering a CAGR of 4.0% over the forecast period, according to a new report published by Grand View Research, Inc. Increasing demand for activated carbon for filtration of drinking water, owing to its advanced properties and low cost is predicted boost the product demand.

Rising focus on the use of natural raw materials, such as coconut shell, wood, plant waste for production of activated carbon in order to develop environmentally sustainable product is anticipated to create growth opportunities for the market in the forthcoming years. Fluctuation in prices of aluminium hydroxide, which is a primary raw material in production of alumina is expected to influence the product prices.

The rising level of water contamination has forced governments across the globe to impose strict waste treatment and pollution control norms to reduce the contamination of groundwater and water resources. These norms and regulations mandate industries to adopt environmentally-friendly and efficient water treatment and disposal methods.

The market is facing challenges in disposal of spent adsorbents, as they are classified as hazardous materials, since metal ions attached to these adsorbents poses a risk for direct disposal. Hence, these materials are typically treated by stabilization or solidification before landfilling, which adds significant cost to the overall operation.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/drinking-water-adsorbents-market

Further key findings from the report suggest:

  • Activated carbon was the dominant product segment occupying 65.7% of the market share in terms of revenue in 2018, as the product is a preferred choice for the removal of multiple contaminants, owing to its ability to remove every single type of contaminant
  • The market for zeolite based drinking water adsorbents is expected to expand at a CAGR of 4.1% from 2019 to 2025 on account of superior performance of the product in the removal of heavy metals form water
  • China is expected to remain a major consumer in the drinking water adsorbents market, owing rising product demand from various end-use industries for water treatment processes and is expected to realize a revenue of USD 117.5 Million by 2025
  • Europe is expected to expand at a CAGR of 3.3% by revenue over the forecast period, on account of the presence of stringent regulations governing municipal water
  • The companies lay high emphasis on expanding their footprint in an attempt to increase market share and drive revenue. Companies are expanding their services in the Middle East, Asia Pacific, and Africa regions to cater the needs of emerging nations

Matcha Tea Market Size Worth $2.26 Billion by 2025

The global matcha tea market size is expected to reach USD 2.26 billion by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 4.7% during the forecast period. Factors such as increasing awareness regarding consumption of natural and organic products and rising popularity of healthy beverages are anticipated to fuel the growth.

Growing popularity of matcha tea on account of its antioxidant content, fat burning properties, and the ability to improve focus and energy is anticipated to drive the market growth. Matcha tea has a unique amino acid called L-Theanine which induces calmness. It also contains vitamins A, C, E, K, and B and minerals such as selenium, chromium, zinc and magnesium. It also contains high amount of dietary fibers and 137 times more antioxidants than regular green tea which makes it a complete health drink. The product promotes detoxification, weight loss, gastrointestinal functioning, cardiovascular health, and prevention from eye disorders and diseases like cancer. Awareness regarding these advantages are projected to fuel the demand for matcha tea over the forecast period.

Asia Pacific held the largest market share in 2018 and is anticipated to continue its dominance in the forthcoming years, due to the presence of prominent tea consuming cultures such as China and Japan. Matcha tea is obtained from shade-grown tencha leaves largely cultivated in Japan on account of the country’s distinct soil and environment, especially in Kyoto and Nishio. Cultivation of premium product under extreme conditions and through vigilant processing impute to the high price of the product. Increasing popularity in North America and Europe is anticipated to further fuel the market growth.

Prominent market players focus on product innovation to derive the most out of the market. For instance, in November 2018, Starbucks Coffee Company launched a new Osaka Meccha Matcha Frappuccino with an extra matcha punch. Furthermore, in March 2018, Matchaah, Inc., introduced carbonated matcha tea beverages, especially for non-tea drinkers incorporating fruity flavors namely, Lime Mint, Mango, Raspberry, Pineapple, Coconut, and others. In April 2019, Laird Superfood introduced Matcha InstaFuel. The product is produced by mixing premium matcha powder with Laird Superfood Original Creamer to gain a range of natural antioxidants, vitamin C, iron, calcium, and other nutrients.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/matcha-tea-market

Further key findings from the report suggest:

  • Instant premix product segment is projected to ascend at the fastest CAGR of 5.1% over the forecast years
  • Classic grade held the leading market share of over 56.9% in 2018
  • North America led the global matcha tea market in 2018 with a revenue share of 25.4% and is projected to continue leading in near future
  • The market is highly competitive in nature with the presence of main players including Tenzo Tea, Inc.; aiya-THE TEA; Nestlé; Tata Global Beverages Ltd.; Unilever; ITO EN, LTD.; Marukyu-Koyamaen; and Encha

Glass Tableware Market Size Worth $12.8 Billion By 2025

The global glass tableware market size is expected to reach USD 12.8 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.2% over the forecast period. Changing lifestyle, along with rising purchasing power, is encouraging consumers to buy glass tableware products. Furthermore, growing hotel and catering industry at the global level is expected to play a crucial role in expanding the market size over the next few years.

Dinnerware products accounted for the largest market share in 2018. These products include a wide range of plates and bowls for different cuisines. The drinkware products are projected to witness the highest growth from 2019 to 2025. Increasing number of bars, pubs, and other fine dining places is expected to fuel the demand for drinkware products in the near future.

In terms of application, the household segment is expected to foresee the fastest growth in the upcoming years. Consumers of the developing countries including China and India have been replacing traditional metal tableware with trendy glass products owing to increasing purchasing power at the domestic level. Additionally, increasing popularity of luxury dinnerware for occasions including weddings and housewarming is expected to remain a favorable factor.

Asia Pacific held the largest share of over 35.0% in 2018 and is anticipated to witness the highest growth in the coming years. Shifting trend towards luxury dining in countries including China, Japan, South Korea, and Philippines is expected to promote the scope for the premium dinnerware in the commercial sector. In addition, increasing popularity of drinking culture among adults in developing nations including China and India has been fueling the demand for drinkware in the household and commercial sectors.

Key glass tableware manufacturers include Libbey, Inc.; Arc International; Oneida Limited; Şişecam Group; WMF Group; Bormioli Rocco; Borosil Glass Works Ltd.; Lenox Corporation; Corelle Brands; La Opala RG Ltd.; Kavalierglass, a.s.; and TERMISIL Huta Szkła Wołomin S.A. The industry participants are expected to increase the spending on developing products with new designs in order to expand their market share.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/glass-tableware-market

Further key findings from the report suggest:

  • The drinkware product segment is expected to witness the fastest growth in the coming years due to increasing number of bars, pubs, and hotels at the global level
  • In terms of application, the commercial segment held the largest share of over 75.0% in 2018
  • The offline channel dominated the global glass tableware market owing to presence of a large number of organized retail stores selling glass tableware. Online channel is expected to register the fastest CAGR of 7.3% from 2019 to 2025
  • Asia Pacific held the largest share of over 35.0% in 2018 and is expected to register the fastest growth in the coming years.