Market Forecast By By Product (Dinner Glass Tableware, Beverage Glass Tableware), By By Application (Household Glass Tableware, Commercial Glass Tableware), By By Distribution Channel (Offline Glass Tableware Sales, Online Glass Tableware Sales) And Competitive Landscape
Product Code: ETC214962 | Publication Date: May 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Vietnam Glass Tableware Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 13.36% in 2025, climbs to a high of 16.03% in 2028, and moderates to 15.11% by 2029.
In the Asia region, the Glass Tableware market in Vietnam is projected to expand at a exponential growth rate of 15.56% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
The glass tableware market in Vietnam is characterized by a blend of tradition and modernity, catering to both domestic and international consumers. As a segment of the broader tableware industry, glass tableware`s popularity is influenced by cultural preferences, lifestyle trends, and the hospitality sector`s growth. Market participants focus on design innovation, sustainability, and quality to meet the diverse demands of consumers. Factors such as tourism, changing consumer preferences, and global trade dynamics shape the trajectory of the glass tableware market.
The Vietnam Glass Tableware market is primarily driven by the growing consumer preference for elegant and durable tableware products. As the country`s economy continues to prosper, there is an increasing disposable income among consumers, leading to a rising demand for premium and aesthetically pleasing glass tableware. Moreover, the hospitality and tourism sectors play a crucial role in propelling this market forward, as hotels and restaurants seek high-quality glass tableware to enhance the dining experience for their patrons. Additionally, the market is influenced by the trend of consumers seeking eco-friendly and sustainable alternatives, with glass being a recyclable material, contributing to the market`s growth.
The Vietnam Glass Tableware Market faces various challenges that influence its competitiveness and market dynamics. Intense competition from alternative materials like plastic and ceramics poses a threat to the traditional glass tableware industry. Changing consumer preferences, driven by factors such as design trends and lifestyle choices, require continuous innovation and adaptation from manufacturers. Economic factors, including disposable income and purchasing power, also play a crucial role in shaping market demand, making it susceptible to fluctuations in the country`s economic conditions.
The Vietnam Glass Tableware Market faced challenges during the COVID-19 pandemic, marked by disruptions in the hospitality and foodservice sectors. With restrictions on dining out and a shift towards home-cooked meals, the demand for glass tableware witnessed a decline. However, as the hospitality industry rebounds and consumer preferences evolve, the market is expected to recover. Brands that emphasize durability, aesthetics, and hygiene features in their products are likely to thrive in the post-pandemic landscape of the Vietnam Glass Tableware Market.
In the dining and hospitality sector, the Vietnam Glass Tableware market is influenced by key players known for their craftsmanship and product diversity. Companies like Thuy Tien Glass and Viet Ha Glass are notable contributors to this market. Their offerings range from elegant glassware for home use to durable and stylish tableware for the hospitality industry, making them influential players in the Vietnam Glass Tableware market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Glass Tableware Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Glass Tableware Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Glass Tableware Market - Industry Life Cycle |
3.4 Vietnam Glass Tableware Market - Porter's Five Forces |
3.5 Vietnam Glass Tableware Market Revenues & Volume Share, By By Product, 2021 & 2031F |
3.6 Vietnam Glass Tableware Market Revenues & Volume Share, By By Application, 2021 & 2031F |
3.7 Vietnam Glass Tableware Market Revenues & Volume Share, By By Distribution Channel, 2021 & 2031F |
4 Vietnam Glass Tableware Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Glass Tableware Market Trends |
6 Vietnam Glass Tableware Market, By Types |
6.1 Vietnam Glass Tableware Market, By By Product |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Glass Tableware Market Revenues & Volume, By By Product, 2021-2031F |
6.1.3 Vietnam Glass Tableware Market Revenues & Volume, By Dinner Glass Tableware, 2021-2031F |
6.1.4 Vietnam Glass Tableware Market Revenues & Volume, By Beverage Glass Tableware, 2021-2031F |
6.2 Vietnam Glass Tableware Market, By By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Glass Tableware Market Revenues & Volume, By Household Glass Tableware, 2021-2031F |
6.2.3 Vietnam Glass Tableware Market Revenues & Volume, By Commercial Glass Tableware, 2021-2031F |
6.3 Vietnam Glass Tableware Market, By By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Glass Tableware Market Revenues & Volume, By Offline Glass Tableware Sales, 2021-2031F |
6.3.3 Vietnam Glass Tableware Market Revenues & Volume, By Online Glass Tableware Sales, 2021-2031F |
7 Vietnam Glass Tableware Market Import-Export Trade Statistics |
7.1 Vietnam Glass Tableware Market Export to Major Countries |
7.2 Vietnam Glass Tableware Market Imports from Major Countries |
8 Vietnam Glass Tableware Market Key Performance Indicators |
9 Vietnam Glass Tableware Market - Opportunity Assessment |
9.1 Vietnam Glass Tableware Market Opportunity Assessment, By By Product, 2021 & 2031F |
9.2 Vietnam Glass Tableware Market Opportunity Assessment, By By Application, 2021 & 2031F |
9.3 Vietnam Glass Tableware Market Opportunity Assessment, By By Distribution Channel, 2021 & 2031F |
10 Vietnam Glass Tableware Market - Competitive Landscape |
10.1 Vietnam Glass Tableware Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Glass Tableware Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |