Product Code: ETC043039 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia hollow glassware market is expected to grow at a CAGR of 4.6% during the forecast period 2025-2031. This growth can be attributed to the rising population, increased disposable income and growing demand from the hospitality sector in Saudi Arabia. Additionally, increasing tourism due to religious events like Hajj and Umrah are also contributing factors for the growth of this market.
The hospitality industry in Saudi Arabia has been witnessing rapid expansion with numerous hotels being established in Riyadh, Jeddah and other cities of KSA. This has created ample opportunities for various players operating in this region who have stepped up their production capabilities as well as are increasingly focusing on providing customized products that match local tastes and preferences which will help them cater effectively to customers needs?? hence driving significant demand for Hollow Glassware Market in KSA over coming years. The population size of Kingdom is estimated to reach 33 million by 2025 thus creating huge potential consumer base for Multiple industries including Hollow Glassware Industry. Additionally increasing disposable incomes coupled with changing lifestyle leading towards increased use of modern kitchen equipment further supporting growth prospects.
Cheaper alternatives such as plastic table wares available at lower cost have reduced competitive advantage offered by traditional glass wares threatening overall revenue generation opportunities associated with it . Moreover stringent environmental regulations regarding usage & disposal off plastics pose yet another risk factor impacting long term sustainability outlooks associated with these products.
Despite near short term negative impacts posed by Covid 19 pandemic companies specializing in manufacturing hollow ware glasses continue registering positive outcomes driven primarily due its necessity even during pandemic times . Thus although current situation would lead towards decline In revenues generated through exports however overall domestic sales shall witness stable performance throughout 2025 - 22 time frame.
Some major players active within Saudi Arabia Hollow glass ware market include Arc International (France), Libbey Inc (US), OI SA (Switzerland) , Bormioli Rocco SpA(Italy), Schott AG( Germany.
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 Saudi Arabia Hollow Glassware Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Hollow Glassware Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Hollow Glassware Market - Industry Life Cycle |
3.4 Saudi Arabia Hollow Glassware Market - Porter's Five Forces |
3.5 Saudi Arabia Hollow Glassware Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Saudi Arabia Hollow Glassware Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Saudi Arabia Hollow Glassware Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Hollow Glassware Market Trends |
6 Saudi Arabia Hollow Glassware Market, By Types |
6.1 Saudi Arabia Hollow Glassware Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Hollow Glassware Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Saudi Arabia Hollow Glassware Market Revenues & Volume, By Medium Borosilicate, 2021-2031F |
6.1.4 Saudi Arabia Hollow Glassware Market Revenues & Volume, By High Borosilicate, 2021-2031F |
6.2 Saudi Arabia Hollow Glassware Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Hollow Glassware Market Revenues & Volume, By Solar Energy Tubes, 2021-2031F |
6.2.3 Saudi Arabia Hollow Glassware Market Revenues & Volume, By Laboratory Apparatus, 2021-2031F |
6.2.4 Saudi Arabia Hollow Glassware Market Revenues & Volume, By Heat Glassware, 2021-2031F |
6.2.5 Saudi Arabia Hollow Glassware Market Revenues & Volume, By Chemical Tubes, 2021-2031F |
6.2.6 Saudi Arabia Hollow Glassware Market Revenues & Volume, By Pharmaceutical Packaging, 2021-2031F |
6.2.7 Saudi Arabia Hollow Glassware Market Revenues & Volume, By Others, 2021-2031F |
7 Saudi Arabia Hollow Glassware Market Import-Export Trade Statistics |
7.1 Saudi Arabia Hollow Glassware Market Export to Major Countries |
7.2 Saudi Arabia Hollow Glassware Market Imports from Major Countries |
8 Saudi Arabia Hollow Glassware Market Key Performance Indicators |
9 Saudi Arabia Hollow Glassware Market - Opportunity Assessment |
9.1 Saudi Arabia Hollow Glassware Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Saudi Arabia Hollow Glassware Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Saudi Arabia Hollow Glassware Market - Competitive Landscape |
10.1 Saudi Arabia Hollow Glassware Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Hollow Glassware Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |