Leading market research and analysis firm Transparency Market Research (TMR) has published a new market research study. The global glass tableware is examined in the new research report, titled ‘Glass Tableware Market - Global And Egypt Industry Analysis, Market Size, Trends And Forecast 2011-2017’, with prime focus on the Egypt market for glass tableware.The 2011 value of the global glass tableware market is expected to undergo an increase of around 40% by 2017, growing from US$6,200 million in 2011 to US$8,828.5 million in 2017 at a CAGR in excess of 6%.
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Research Report of Glass
Tableware Market :
The report makes use
of analytical tools such as Porter’s five forces analysis, SWOT
analysis, and market attractiveness analysis to profile various
aspects of the market. The competitive rivalry in the market, the
bargaining power of the suppliers and buyers, and the tussle between
established players and new entrants is elaborated through the five
forces analysis, investment feasibility of the market is analyzed
through the market attractiveness analysis, while a comparative
analysis of all major players in the market is performed using the
SWOT analysis.
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Sample Report :
http://www.transparencymarketresearch.com/sample/sample.php?flag=s&rep_id=763
The report zooms in
on the development of hotels and the catering industry as the prime
growth driver for the global glass tableware market. Increasing
disposable incomes and convenience of hotels in today’s hectic
lifestyle has led to growing demand for hotels and the catering
industry. This has resulted in strong growth prospects for the glass
tableware market. The steady establishment of nuclear families as the
societal norm rather than joint families has also helped the glass
tableware market, since it has directly increased the number of
customers making a purchase from the glass tableware market.
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Release of Glass
Tableware Market :
These factors apply
to the Egypt market for glass tableware as well. However, the major
restraint on the global market – lack of raw prices at low prices –
is not a problem for the Egypt glass tableware industry, as it is
rich in the minerals used in glass production.According to the
report, a larger threat to the glass tableware industry comes from
the growing preference for crystal in the hospitality sector as well
as households, due to its better appearance than Leaglass tableware.
A strong growth opportunity for the glass tableware market can be
implied from this trend: the development of designer glass tableware
that can rival crystal tableware in terms of aesthetics. Major
players in the glass tableware industry, such as Pyramid Glass,
Leonox, Anchor, Arc International, City Glass, and others, are
expected to increasingly focus on aesthetic quality as the
determinant factor in their finished product, due to higher demand
from the growing middle-class customer base as well as the
hospitality sector.
Asia Pacific and
Latin America are the fastest growing glass tableware markets in the
global perspective; the former is expected to account for half the
growth (by magnitude) achieved by the global market during the
forecast period. These and other regional segments of the global
markets – North America and EMEA – are examined in the report and
forecasts presented for each segment for the duration of the forecast
period.
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Transparency Market
Research (TMR) is a global market intelligence company providing
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blend of quantitative forecasting and trend analysis provides
forward-looking insight for thousands of decision makers. TMR’s
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and analyze information.
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repository is continuously updated and revised by a team of research
experts so that it always reflects the latest trends and information.
With extensive research and analysis capabilities, Transparency
Market Research employs rigorous primary and secondary research
techniques to develop distinctive data sets and research material for
business reports.
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