Decanter Market By Material (Glass, Plastic), By End User (Residential, Commercial), By Distribution Channel (Offline, Online), By Region, By Competition Forecast & Opportunities, 2024-2032F

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format

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Decanter Market By Material (Glass, Plastic), By End User (Residential, Commercial), By Distribution Channel (Offline, Online), By Region, By Competition Forecast & Opportunities, 2024-2032F

Forecast Period2024-2028
Market Size (2022)USD 389.25 Million
CAGR (2023-2028)4.12%
Fastest Growing SegmentOnline
Largest MarketAsia Pacific
MIR Consumer Goods and Retail

Market Overview

Key Market Drivers

Rising Consumer Interest in Premium Spirits

Customization and Personalization

MIR Segment1

Sustainability and Eco-friendly Materials

E-commerce and Online Retail

Cultural Shifts and Lifestyle Choices

Key Market Challenges

MIR Regional

Regulatory Compliance and Trade Barriers

Competition and Price Sensitivity

Supply Chain Disruptions and Material Shortages

Changing Consumer Preferences and Trends

Environmental Concerns and Sustainability

Key Market Trends

Personalization and Customization

Sustainability and Eco-friendly Materials

Innovative Materials and Designs

Digital Integration and Smart Decanters

Artisanal and Craftsmanship Focus

Segmental Insights

Material Insights

Distribution Channel Insights

Regional Insights

Recent Developments

  • In 2022, the company Riedel launched a decanter specifically designedfor whiskey. The decanter has a unique shape that is supposed to enhance theflavor of the whiskey.
  • In 2022, Glencairn Crystal Whiskey Decanter was launched. This decanteris also designed to enhance the flavor of whiskey. It has a tulip-shaped designthat helps to concentrate the aromas of the whiskey. The decanter is made oflead-free crystal and is available in a variety of sizes.

Key Market Players

  • Fiskars Group
  • Saverglass
  • LenoxCorporation
  • NgwenyaGlass
  • Riedel
  • Godinger
  • RoyalSelangor International
  • Tossware
  • BormioliLuigi S.P.A.,
  • Prestigehaus

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