Market Overview:
The global decanters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for premium alcoholic beverages and rising disposable income of consumers across the globe. In addition, the growing trend of using decanters as decorative items is also propelling the growth of this market. On the basis of type, handmade decanters are expected to dominate the global market during the forecast period owing to their unique design and features. However, machine-made decanters are also witnessing high demand due to their low cost and durability. On account of these factors, both types are expected to register healthy growth rates during 2018-2030. Based on application, household segment is anticipated hold a dominant position in terms of revenue share throughoutthe forecast period followed by hotel and bar segments respectively. Other applications such as restaurants & catering services etc., are also projectedto witness significantgrowth overthe next few years owingto increasing demand for premium alcoholic beverages across different geographies .
Product Definition:
A decanter is a container typically made from glass or crystal, used to store wine, liquor, or other drinks. The most common type has a long neck and a round body. Decanters are often given as gifts for special occasions such as weddings and anniversaries. They are also used to aerate wine by pouring it into the decanter and allowing it to breathe for a period of time before serving.
Handmade:
Handmade Decanters Market Size, Share & Trends Analysis Report By Application (Wine, Liquor), By Distribution Channel (Offline, Online), And Segment Forecasts, 2019 - 2025 -> The global handmade decanters market size was valued at USD 6.2 billion in 2018 and is expected to expand at a CAGR of XX% from 2019 to 2025.
Machine-made:
Machine-made is a type of glass that was produced on a large scale beginning in the early 19th century. The term “decanter” itself comes from the Dutch word “dekantel” which means “ten parts” and refers to ten times the volume than hand-made or wheeler. Decanters were initially used for wine but are now used for spirits as well.
Application Insights:
The household application segment led the global decanters market in 2017 and is projected to expand at a steady CAGR over the forecast period. This can be attributed to rising disposable income among households, which has resulted in an increased spending on domestic utilities such as kitchen appliances and furniture. Furthermore, improvement in lifestyle has driven consumers to spend more on premium alcohol offerings that arefit for social occasions.
The hotel application segment accounted for a significant share of the global revenue in 2017 owing to growing demand from international hotels chains for offering premium spirits with their cocktails. In addition, hotels have started offering various types of flavored whiskies such as rum-based and peach schnapps along with fresh juices and soft drinks under its bar menu items to attract more customers.
Regional Analysis:
Europe dominated the global decanters market in 2017 owing to high demand for decorative home accessories. The region is expected to witness a significant growth rate of 6.8% over the forecast period, owing to increasing number of hotels and bars in major countries such as Germany, France, Italy and Spain. Moreover, Europe has been witnessing an increase in per capita spending on luxury goods due to growing economy of nations such as Switzerland and Belgium that are known for their luxury products.
Growth Factors:
- Increasing demand for premium wine products: The global Decanters market is expected to grow at a CAGR of 5.5% during the forecast period. This can be attributed to the increasing demand for premium wine products, which require decanting for better flavor and aroma.
- Rising disposable income levels: Rising disposable income levels in developing countries are expected to drive the growth of the Decanters market during the forecast period.
- Growing popularity of wine tourism: The growing popularity of wine tourism is another key factor driving the growth of the Decanters market globally. Wine tourists prefer visiting destinations where they can purchase high-quality wines and accessories at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Decanters Market Research Report
By Type
Handmade, Machine-made
By Application
Household, Hotel, Bar, Other
By Companies
Ngwenya Glass, Godinger, Pewter, Riedel, Zalto, Ravenscroft Crystal, Wine Enthusiast, Zwiesel, Waterford Crystal, Royal Doulton, RBT
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Decanters Market Report Segments:
The global Decanters market is segmented on the basis of:
Types
Handmade, Machine-made
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Hotel, Bar, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ngwenya Glass
- Godinger
- Pewter
- Riedel
- Zalto
- Ravenscroft Crystal
- Wine Enthusiast
- Zwiesel
- Waterford Crystal
- Royal Doulton
- RBT
Highlights of The Decanters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Handmade
- Machine-made
- By Application:
- Household
- Hotel
- Bar
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Decanters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Decanters are a type of wine glass that have been designed to hold more wine than a standard wine glass. They are also typically taller and narrower, making them easier to hold and drink from.
Some of the key players operating in the decanters market are Ngwenya Glass, Godinger, Pewter, Riedel, Zalto, Ravenscroft Crystal, Wine Enthusiast, Zwiesel, Waterford Crystal, Royal Doulton, RBT.
The decanters market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Decanters Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Decanters Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Decanters Market - Supply Chain
4.5. Global Decanters Market Forecast
4.5.1. Decanters Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Decanters Market Size (000 Units) and Y-o-Y Growth
4.5.3. Decanters Market Absolute $ Opportunity
5. Global Decanters Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Decanters Market Size and Volume Forecast by Type
5.3.1. Handmade
5.3.2. Machine-made
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Decanters Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Decanters Market Size and Volume Forecast by Application
6.3.1. Household
6.3.2. Hotel
6.3.3. Bar
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Decanters Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Decanters Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Decanters Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Decanters Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Decanters Demand Share Forecast, 2019-2026
9. North America Decanters Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Decanters Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Decanters Market Size and Volume Forecast by Application
9.4.1. Household
9.4.2. Hotel
9.4.3. Bar
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Decanters Market Size and Volume Forecast by Type
9.7.1. Handmade
9.7.2. Machine-made
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Decanters Demand Share Forecast, 2019-2026
10. Latin America Decanters Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Decanters Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Decanters Market Size and Volume Forecast by Application
10.4.1. Household
10.4.2. Hotel
10.4.3. Bar
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Decanters Market Size and Volume Forecast by Type
10.7.1. Handmade
10.7.2. Machine-made
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Decanters Demand Share Forecast, 2019-2026
11. Europe Decanters Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Decanters Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Decanters Market Size and Volume Forecast by Application
11.4.1. Household
11.4.2. Hotel
11.4.3. Bar
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Decanters Market Size and Volume Forecast by Type
11.7.1. Handmade
11.7.2. Machine-made
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Decanters Demand Share, 2019-2026
12. Asia Pacific Decanters Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Decanters Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Decanters Market Size and Volume Forecast by Application
12.4.1. Household
12.4.2. Hotel
12.4.3. Bar
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Decanters Market Size and Volume Forecast by Type
12.7.1. Handmade
12.7.2. Machine-made
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Decanters Demand Share, 2019-2026
13. Middle East & Africa Decanters Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Decanters Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Decanters Market Size and Volume Forecast by Application
13.4.1. Household
13.4.2. Hotel
13.4.3. Bar
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Decanters Market Size and Volume Forecast by Type
13.7.1. Handmade
13.7.2. Machine-made
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Decanters Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Decanters Market: Market Share Analysis
14.2. Decanters Distributors and Customers
14.3. Decanters Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ngwenya Glass
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Godinger
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Pewter
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Riedel
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Zalto
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ravenscroft Crystal
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Wine Enthusiast
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Zwiesel
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Waterford Crystal
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Royal Doulton
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. RBT
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
