Outlook on the Decanter Global Market to 2030 - Spirit Tourism to Drive Market Growth
DUBLIN, Nov. 3, 2021 /PRNewswire/ -- The "Decanter Market by Material, End User, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.
Decanters are containers that are used for aerating, storing, and serving alcohol. These containers are named after the process of decantation, which means separating the liquid in a bottle from the sediment that has collected in the bottom of the bottle. This process is essential for wine, as there is a lot of sediment left at the bottom of the wine bottle. Wine decanters are thin and elegantly shaped to aerate the wine that is poured into it. Spirit decanters have a broad, heavy, thick bottom, and have stopper to make the bottle airtight. Decanters are widely used in homes as well as bars, pubs, and restaurants to display the alcohol aesthetically and as a symbol of status. Decanters are generally made from glass or crystal, with crystal being a clearer type of glass. Plastic decanters are being used as a cost-effective and durable alternative to glass decanters, and are slowly gaining traction in the market.
Plastic decanters are more durable as compared to glass decanters. They are made of food safe plastic and are cost-effective as compared to most glass or crystal decanters available in the market. They are made to look similar to glass decanters to provide the same sense of grandeur and sophistication to make adoption easier for the users. Some plastic decanters come with attachments that aids in aeration of wine much easier, quickly, and effectively. Furthermore, plastic decanters are unable and light weight, which further adds advantages for its adoption. These qualities of plastic decanters are resulting in increased popularity among end users especially from the residential segment. Thus, myriad of advantages of plastic decanter to provide growth opportunities for the market in the upcoming years.
According to the WHO Global status report on alcohol and health 2018, out of all alcohol-related deaths, around one-third were the result of injuries, such as self-harm, car accidents, and violence; around one-fifth were attributed to digestive disorders; another one-fifth were due to cardiovascular diseases; and the rest was caused by mental disorders, cancer, infectious diseases, and other health conditions. The report also estimates that around 46 million women and 237 million men suffer from alcohol-use disorders globally, with high number in developed regions, especially Europe and North America. Furthermore, growing health consciousness along with myriad of health-related diseases and easy availability of substitute products & non-alcoholic beverages challenge the market expansion of alcoholic beverages. Therefore, with the growing cases of deaths, accidents, and diseases, the consumption of alcohol may drop which might negatively impact the decanter market in the upcoming years
The global decanter market is segmented on the basis of material, end user, sales channel, and region. Based on material, the global market is bifurcated into glass and plastic. By end user, it is segmented into commercial and residential. Based on sales channel, it is studied across offline channels and online channels. The global decanter market is also studied across North America, Europe, Asia-Pacific, and LAMEA.
A competition landscape is a comparative analysis among various players operating in the decanter market. The analysis is based on product offerings, revenue, and latest developments The key players analyzed in the report are Bormioli Luigi S.p.A., Fiskars Group, Godinger, Lenox, Ngwenya Glass, Prestige Decanters, Riedel, Royal Selangor, Saver Glass, and Tossware. Other prominent players analyzed in the report are N R S Glass Suppliers, Ravenscroft Crystal, Quality Products of India (QPI), Sempli, Zwiesel, Waterford Crystal, and Tilted Earth Festival.
Key Topics Covered:
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Market synopsis
2.2. Key findings
2.2.1. Top impacting factors
2.2.2. Top investment pockets
2.3. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Porter's five forces analysis
3.2.1. Bargaining power of suppliers
3.2.2. Bargaining power of buyers
3.2.3. Threat of substitution
3.2.4. Threat of new entrants
3.2.5. Intensity of competitive rivalry
3.3. Parent market overview
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Proliferation of on-premise consumption of alcohol to provide growth impetus
3.4.1.2. Spirit tourism to drive market growth
3.4.1.3. Premiumization of decanters to aid in market expansion
3.4.2. Restraints
3.4.2.1. Use of lead in making crystal glass decanters can prove detrimental for the market
3.4.2.2. Negative health as well as social impact of alcohol challenging the market expansion
3.4.3. Opportunities
3.4.3.1. Sale of decanters via online channels to provide lucrative opportunities for the engaged stakeholders
3.4.3.2. Plastic decanters to gain traction
3.5. Industry life cycle assessment, by region
3.6. Geographical concentration analysis of decanter producers
3.7. Impact of COVID-19
3.7.1. Overview
3.7.2. Impact on consumer goods sector
3.7.3. Impact on decanters market
3.8. Supply chain analysis
3.9. Wine production across countries
3.10. Wine consumption across countries
CHAPTER 4: GLOBAL DECANTER MARKET, BY MATERIAL
4.1. Overview
4.1.1. Market size and forecast, by material
4.2. Glass
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country
4.3. Plastic
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country
CHAPTER 5: GLOBAL DECANTER MARKET, BY END USER
5.1. Overview
5.1.1. Market size and forecast, by end user
5.2. Commercial
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis, by country
5.3. Residential
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis, by country
CHAPTER 6: GLOBAL DECANTER MARKET, BY SALES CHANNEL
6.1. Overview
6.1.1. Market size and forecast, by sales channel
6.2. Offline channels
6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market analysis, by country
6.3. Online channels
6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market analysis, by country
CHAPTER 7: DECANTER MARKET, BY REGION
CHAPTER 8: COMPETITION LANDSCAPE
8.1. Overview
8.2. Competitive dashboard
8.3. Competitive heat map
8.4. Product mapping
8.5. Top winning strategies
8.6. Key developments
8.6.1. Acquisition
8.6.2. Business expansion
8.6.3. Partnership
8.6.4. Product Launch
8.7. Top player positioning
CHAPTER 9: COMPANY PROFILES
9.1. BORMIOLI LUIGI S. P. A.
9.1.1. Company overview
9.1.2. Key executives
9.1.3. Company snapshot
9.1.4. Product portfolio
9.1.5. Key strategic moves and developments
9.2. FISKARS GROUP
9.2.1. Company overview
9.2.2. Key executives
9.2.3. Company snapshot
9.2.4. Operating business segments
9.2.5. Product portfolio
9.2.6. R&D expenditure
9.2.7. Business performance
9.2.8. Key strategic moves and developments
9.3. GODINGER
9.3.1. Company overview
9.3.2. Key executives
9.3.3. Company snapshot
9.3.4. Product portfolio
9.3.5. Key strategic moves and developments
9.4. LENOX CORPORATION
9.4.1. Company overview
9.4.2. Key executives
9.4.3. Company snapshot
9.4.4. Product portfolio
9.5. NGWENYA GLASS
9.5.1. Company overview
9.5.2. Key executives
9.5.3. Company snapshot
9.5.4. Product portfolio
9.6. PRESTIGEHAUS
9.6.1. Company overview
9.6.2. Key executives
9.6.3. Company snapshot
9.6.4. Product portfolio
9.7. RIEDEL
9.7.1. Company overview
9.7.2. Key executives
9.7.3. Company snapshot
9.7.4. Product portfolio
9.7.5. Key strategic moves and developments
9.8. ROYAL SELANGOR INTERNATIONAL
9.8.1. Company overview
9.8.2. Key executives
9.8.3. Company snapshot
9.8.4. Product portfolio
9.9. SAVERGLASS
9.9.1. Company overview
9.9.2. Key executives
9.9.3. Company snapshot
9.9.4. Product portfolio
9.9.5. Key strategic moves and developments
9.10. TOSSWARE
9.10.1. Company overview
9.10.2. Key executives
9.10.3. Company snapshot
9.10.4. Product portfolio
For more information about this report visit https://www.researchandmarkets.com/r/ondtlq
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