Market Overview:
The global red wine glass bottles 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 and luxury wines, which in turn is boosting the demand for glass bottles. Additionally, rising disposable income levels and changing consumer preferences are also propelling the growth of this market. On the basis of type, round wine bottles are expected to dominate the global red wine glass bottle market during the forecast period owing to their traditional appeal and widespread use in wineries across different regions. However, square wine bottles are anticipated to grow at a higher CAGR due their modern design and increased functionality such as resistance against breakage and leakage. On the basis of application, large brand owners are expected to account for a larger share of this market during 2018-2030 owing to their growing focus on premiumization strategies across different regions worldwide.
Product Definition:
A red wine glass bottle is a type of bottle that is specifically designed for the storage and serving of red wine. Red wine glasses bottles are typically made from either glass or plastic, and they come in a variety of shapes and sizes. One important thing to note about red wine glass bottles is that they have a wider mouth than traditional wine bottles, which makes them easier to pour from. Additionally, the shape of the bottle helps to concentrate the aromas and flavors of the red wine.
Round:
The round glass bottles are gaining popularity among consumers as they provide a premium look to the product. The bottles can be used for both red and white wines. They have a capacity of up to 750 ml, which is more than sufficient for regular wine consumption at home or restaurants. Moreover, these glass bottles are considered safe for food & beverages and thus widely used in packaging various types of alcoholic drinks including sparkling wine, beer, hard liquor etc., making them ideal for the market in question.
Square:
The square is a unit of measurement for the glass bottles in wine industry. It is used to measure the volume of wine that can fit into a specific type of bottle. The size or shape of the glass bottle has no effect on how much wine can be stored in it as long as it has appropriate neck and body (size) specifications.
For example, France has one standard format for all its wines which are called Bordeaux-style bottles.
Application Insights:
The large brand application segment accounted for the largest market share of over 70% in 2017. The growth can be attributed to the increasing demand from major restaurants and bars for serving quality wine. Furthermore, this trend is also supported by the rising number of luxury goods stores that offer a wide range of decorative products suitable for big brands such as Cartier, Hublot and Omega.
The small workshop application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to increased product penetration in countries such as Italy, France and Spain where most wineries have their retail outlets or direct sales channels. Moreover, growing tourism industry across various countries including China, India and Australia will boost product demand over the forecast period driving growth globally.
Regional Analysis:
North America accounted for the largest share of over 40.0% in 2017 owing to high demand from U.S., Canada, and Mexico. The region is expected to maintain its dominance throughout the forecast period on account of increasing consumption coupled with rising number of wine producers in the region including California, New York, Washington State and Australia.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast years on account of growing middle-class population base across countries such as China, India Indonesia among others which are leading consumers’ choice for premium products such as red wine especially Bordeaux wines that need proper serving glassware for better taste experience.
Growth Factors:
- Increasing demand for red wine due to its health benefits is driving the growth of the red wine glass bottles market.
- The increasing popularity of wine tourism is also propelling the growth of the red wine glass bottles market.
- The rising disposable income of consumers is enabling them to purchase premium quality wines, which is in turn fuelling the demand for red wine glass bottles.
- Innovation in packaging design and materials by manufacturers is attracting new consumers and boosting sales of red wine glass bottles products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Red Wine Glass Bottles Market Research Report
By Type
Round, Square, Other
By Application
Large brand, Small workshop
By Companies
Huaxing Glass, Yantai Changyu Glass, Shandong Huapeng Glass, Owens-Illinois, Hng Float Glass, Ardagh Group, AGI Glasspack, Vidrala SA, BA Vidro, Huaxing Glass
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
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Red Wine Glass Bottles Market Report Segments:
The global Red Wine Glass Bottles market is segmented on the basis of:
Types
Round, Square, Other
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
Large brand, Small workshop
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:
- Huaxing Glass
- Yantai Changyu Glass
- Shandong Huapeng Glass
- Owens-Illinois
- Hng Float Glass
- Ardagh Group
- AGI Glasspack
- Vidrala SA
- BA Vidro
- Huaxing Glass
Highlights of The Red Wine Glass Bottles 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:
- Round
- Square
- Other
- By Application:
- Large brand
- Small workshop
- 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 Red Wine Glass Bottles 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?
Red wine glass bottles are made of sturdy, heat-resistant glass that is designed to preserve the wine inside. The narrow neck makes it easy to pour and the elegant design adds an air of sophistication.
Some of the key players operating in the red wine glass bottles market are Huaxing Glass, Yantai Changyu Glass, Shandong Huapeng Glass, Owens-Illinois, Hng Float Glass, Ardagh Group, AGI Glasspack, Vidrala SA, BA Vidro, Huaxing Glass.
The red wine glass bottles market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Red Wine Glass Bottles Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Red Wine Glass Bottles Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Red Wine Glass Bottles Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Red Wine Glass Bottles Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Red Wine Glass Bottles Market Size & Forecast, 2020-2028
4.5.1 Red Wine Glass Bottles Market Size and Y-o-Y Growth
4.5.2 Red Wine Glass Bottles Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Round
5.2.2 Square
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Large brand
6.2.2 Small workshop
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Red Wine Glass Bottles Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Red Wine Glass Bottles Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Round
9.6.2 Square
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Large brand
9.10.2 Small workshop
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Round
10.6.2 Square
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Large brand
10.10.2 Small workshop
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Round
11.6.2 Square
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Large brand
11.10.2 Small workshop
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Round
12.6.2 Square
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Large brand
12.10.2 Small workshop
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Round
13.6.2 Square
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Large brand
13.10.2 Small workshop
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Red Wine Glass Bottles Market: Competitive Dashboard
14.2 Global Red Wine Glass Bottles Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Huaxing Glass
14.3.2 Yantai Changyu Glass
14.3.3 Shandong Huapeng Glass
14.3.4 Owens-Illinois
14.3.5 Hng Float Glass
14.3.6 Ardagh Group
14.3.7 AGI Glasspack
14.3.8 Vidrala SA
14.3.9 BA Vidro
14.3.10 Huaxing Glass
