Glass Decanters Market
Market Insights on Glass Decanters covering sales outlook, demand forecast & up-to-date key trends
Glass Decanters Market: Global Industry Analysis 2013 - 2017 and Opportunity Assessment; 2018 - 2028
Glass Decanters Market Outlook
A CAGR of 3% is expected of the global glass decanters market due to the growing demand during the forecast period. It is anticipated to be appraised at US$ 427.73 Bn by 2032, up from US$ 318.27 Bn in 2022.
North America is the largest glass decanters market. This is attributed to a report by the Wine Market Council that stated that the U.S. is the highest wine-consuming country by volume, with people drinking 341.5 Mn 9 L cases in 2016. Moreover, this region's increasing purchasing power for glass decanters is expected to drive global market growth.
Owing to Germany being the largest wine-importing country, Europe currently holds the second-largest share of the glass decanters market. Other countries that substantially import wine and other spirits are France, Italy, and the U.K. These factors are likely to retain the high demand for glass decanters in this region.
Manufacturers in the glass decanters industry are expanding their product portfolio by keeping the requirements of their end users in mind. Most key players are allowing small orders and quick deliveries. They also offer custom glass designs, which perfectly showcase their customer's style or brand image.
They strive to provide a collection of classic bottle designs manufactured with their expertise and innovation portfolio that helps high-end brands seize market opportunities.
It has been observed that glass is a preferred container since food and drinks served from glass allegedly taste, look and feel better. Therefore, key players are producing glass food packaging solutions that combine secure, optimum protection with compelling and beautiful designs.
They specifically concentrate on the factors that drive consumer preference and expectations, which is likely to spearhead the global glass decanters market growth. Certain glass decanter manufacturers are developing a supreme passion for innovative decanters for wines.
These premium and elegant bottles offer a quality image, excellent taste preservation and environmental benefits associated with both the glass and cork in innovative, highly convenient solutions, which eliminate the need for a corkscrew.
Through research and sales, these players have witnessed that their glass decanters give wine brands a distinct advantage when trying to stand out on shelves and secure a sale. They further offer internal embossing, which gives brand owners the chance to create a unique point-of-interest difference through the use of innovative packaging that captures the attention of consumers in a chaotic market.
The main aim of glass decanter manufacturers is to provide a collection of products that captures the character of brands and embodies them in a physical shape. These bottles are made to spark an emotional connection with consumers that create lasting brand loyalty, which is likely to surge the demand for glass decanters.
Few key companies are using advanced technologies, such as AI, VR, etc., to manufacture glass decanters, which may be equipped with voice activation or sensors. Certain top providers prefer to manufacture their products the old-fashioned way, starting from the concept to the completion, since heirloom quality takes a lot of time and effort.
Each of their glass decanter is handcrafted, hand-blown, and formed into designs limited only by their artisan's imaginations. They scour countries to provide their highly skilled artisans with the finest materials sourced from coast to coast for outstanding craftsmanship and quality that is unsurpassed. These factors are anticipated to generate creative market opportunities and drive the global glass decanters market growth in the forecast period.
Glass Decanters Market Size (2022)
US$ 318.27 Bn
Glass Decanters Market Size (2032)
US$ 427.73 Bn
Glass Decanters Market CAGR
Handmade Glass Decanters keep the Traditional Industry Alive
A decanter is a vessel that is used to hold a liquid such as wine, whiskey, and other beverages. Decanters are available in varied shape and sizes and traditionally made from glass. Glass decanters usually have a volume equivalent to one standard bottle of wine or a whiskey.
Decanters are also made of crystal, which is a type of glass. Glass products containing less than 4% of lead oxide are labeled as glass, whereas glass products containing more than 10% of lead are labeled as crystal.
The presence of lead softens the glass and makes it suitable for cutting and engraving. This is the reason for the popularity of crystal glass decanters. Glass decanters allow the user to view the product from outside, and engravings on the glass decanters provides it a visual appeal.
Glass decanters are widely used to store and dispense wine. Glass decanters allow the wine to go through the aeration process. Meaning, glass decanters allow the wine to breathe. Aeration refines the taste of the wine when kept in glass decanters. The demand for glass decanter is expected to grow during the forecast period due to the high demand for decanted wine.
Decanting young wines in glass decanters several hours before serving gives the wine a chance to bloom and attain a stage of development. Decanting wines in glass decanters diminishes the amount of carbon dioxide and matures the wine.
The Glass decanters help the sediment to separate from the older wine. Glass decanters are also used to store premium whiskeys, to help prevent the evaporation. In some regions, glass decanters are handmade by traditional decanter manufacturers.
Global Glass Decanters Market: Dynamics
Drinking decanted wine is a tradition in many countries, as the wine connoisseur advice to let the wine breathe in the glass decanter to enhance its taste. Decanting wine in glass decanters helps remove sediment from it. Glass decanters for wine often do not have a stopper or a seal on it.
Whereas for whiskey, there isn’t any need for oxidizing or removing sediment. Premium whiskeys are decanted in glass decanters for aesthetic purposes. While whiskey oxidizes slower than wine, it still needs a sturdy, airtight seal.
It is observed that some wines take longer to decant than others and thus, a glass decanter with a broad base will increase the amount of oxygen and decant the wine faster. The lead crystal glass decanter is widely preferred over the regular glass as the lead increases the index of refraction and offers much more sparkly appearance.
Rapid urbanization has led to an increase in the per-capita personal income and changed lifestyles of people in many countries. Glass decanters provide a stylish way for fine liquor to be served with class and sophistication. While the glass decanters lend a sense of class and elegance, they are also more stable than the whiskey bottles and flasks.
Most glass decanters these days are mostly lead-free. But if the glass decanters contain lead, i.e. (crystal decanter) and the whiskey sits in it for long enough, there is a chance that the lead will leach into the whiskey, resulting in harmful effects after consuming it.
The introduction of wine aerators is expected to harm the global glass decanters market. The wine aerator is held above the glass and wine is poured through it. The device aerates the wine as it flows through it. This device eliminates the use of glass decanters where instant decanted wine is required.
Find your sweet spots for generating winning opportunities in this market.Talk to Analyst
Global Glass Decanters Market: Regional Outlook
North America holds the largest share in the global glass decanters market. According to the Wine Market Council, U.S is the highest wine consuming country by volume, drinking 341.5 million nine-liter cases in the year 2016. China is expected to grow faster than the US in that time period in volume terms, while the UK market will stay roughly flat in volume.
- AI Powered Decanter offered by Jim Bean pours shots of bourbon whiskey on demand. The smart voice-activated decanter features a built-in compartment for whiskey storage.
A unified Market Research Subscription Platform, built for today's disparate research needs.
Global Glass Decanters Market: Key Manufacturers
- O I Packaging
- Ravenscroft Crystal
- Prestige Decanters
- Saver Glass
- New Genius Glass
- N R S Glass Suppliers
- Quality Products of India (QPI)
The Glass Decanters market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The Glass Decanters market report provides in-depth analysis of Glass Decanters market trends, macroeconomic indicators, and governing factors along with Glass Decanters market attractiveness as per segments. The Glass Decanters report also maps the qualitative impact of various market factors on market segments and geographies.
The Regional analysis includes
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan (APEJ)
- Middle East & Africa (MEA)
Global Glass Decanters Market: Segmentation
Global glass decanters market is segmented on the basis of material:
- Crystal Glass
- Regular Glass
Global glass decanters market is segmented on the basis of shape:
- Small sized base
- Medium sized base
- Large sized base
Global glass decanters market is segmented on the basis of Capacity into:
- Up to 250 ml
- 250 ml-500 ml
- 500 ml-750 ml
- 750 ml and above
Global glass decanters market is segmented on the basis of end use into:
- Red wine
- White Wine
Table of Content
List of Tables
Find your sweet spots for generating winning opportunities in this market.Talk to Analyst
List of Charts