Vietnam Hollow Glassware Market (2024-2030) | Analysis, Size, Value, Growth, Industry, Outlook, Trends, Companies, Forecast, Revenue & Share

Market Forecast By Type (Medium Borosilicate, High Borosilicate), By Application (Solar Energy Tubes, Laboratory Apparatus, Heat Glassware, Chemical Tubes, Pharmaceutical Packaging, Others) And Competitive Landscape
Product Code: ETC043030 Publication Date: Aug 2023 Updated Date: Jan 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Vietnam Hollow Glassware Market Synopsis

The Vietnam Hollow Glassware Market has emerged as a significant sector within the country`s glass manufacturing industry. Key players in the market offer a wide range of hollow glassware products, including bottles, containers, and jars, used in various sectors such as food and beverage, pharmaceuticals, and cosmetics. The market`s growth is driven by the thriving packaging industry, especially in the food and beverage sector, where glass containers are preferred for their eco-friendly and recyclable properties. Additionally, the pharmaceutical industry`s increasing demand for high-quality and sterile glass containers has further boosted market growth. The COVID-19 pandemic led to fluctuations in demand, with certain industries witnessing increased sales while others faced temporary setbacks. Key players in the industry adapted to the changing demand patterns by optimizing production capacities and enhancing hygiene and safety measures in manufacturing facilities.

Drivers of the Market

The Vietnam Hollow Glassware Market has emerged as a significant sector within the country`s glass manufacturing industry. Key drivers behind the market`s growth include the thriving packaging industry, especially in the food and beverage sector, where glass containers are preferred for their eco-friendly and recyclable properties. The increasing demand for glass containers in the pharmaceutical and cosmetics industries also contributes to market growth. Additionally, the growing tourism industry in Vietnam drives the demand for hollow glassware as tourists often purchase gifts and mementos during their visits. The COVID-19 pandemic initially affected the retail sector, impacting the demand for hollow glassware. However, key players in the industry swiftly adapted by enhancing their online presence and offering contactless delivery options, leading to a gradual recovery in sales. As consumer sentiment improves and the tourism industry resumes its growth, the demand for hollow glassware is expected to continue driving market growth.

Challenges of the Market

The Vietnam Hollow Glassware Market faces certain challenges that impact its growth and sustainability. One significant challenge is the increasing competition from alternative packaging materials, such as plastics and metals, which may be preferred in some industries due to their cost-effectiveness or specific properties. Market players must focus on the unique advantages of hollow glassware, such as its eco-friendliness and aesthetic appeal, to differentiate their products in the market. Additionally, the COVID-19 pandemic initially affected the retail sector, impacting the demand for hollow glassware products. Key players in the industry had to adapt their distribution strategies, including strengthening their online presence and contactless delivery options, to mitigate the challenges posed by the pandemic.

COVID-19 Impact on the Market

The COVID-19 pandemic posed challenges for the Vietnam Hollow Glassware Market, particularly in the food and beverage sector. With the closure of restaurants and cafes, the demand for glassware products used in hospitality establishments declined. The tourism industry, another significant consumer of hollow glassware, also faced setbacks due to travel restrictions, impacting souvenir and gift sales. To mitigate the impact of the pandemic, key players in the hollow glassware market diversified their product offerings to cater to changing consumer preferences. They focused on manufacturing glassware for home use and introduced new designs that aligned with the growing trend of home dining and entertaining. Furthermore, manufacturers explored opportunities in the pharmaceutical and healthcare sectors, providing glass containers for medications and medical equipment packaging, which saw increased demand during the pandemic.

Key Highlights of the Report:

  • Vietnam Hollow Glassware Market Outlook
  • Market Size of Vietnam Hollow Glassware Market, 2023
  • Forecast of Vietnam Hollow Glassware Market, 2030
  • Historical Data and Forecast of Vietnam Hollow Glassware Revenues & Volume for the Period 2020-2030
  • Vietnam Hollow Glassware Market Trend Evolution
  • Vietnam Hollow Glassware Market Drivers and Challenges
  • Vietnam Hollow Glassware Price Trends
  • Vietnam Hollow Glassware Porter's Five Forces
  • Vietnam Hollow Glassware Industry Life Cycle
  • Historical Data and Forecast of Vietnam Hollow Glassware Market Revenues & Volume By Type for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Hollow Glassware Market Revenues & Volume By Medium Borosilicate for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Hollow Glassware Market Revenues & Volume By High Borosilicate for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Hollow Glassware Market Revenues & Volume By Application for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Hollow Glassware Market Revenues & Volume By Solar Energy Tubes for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Hollow Glassware Market Revenues & Volume By Laboratory Apparatus for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Hollow Glassware Market Revenues & Volume By Heat Glassware for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Hollow Glassware Market Revenues & Volume By Chemical Tubes for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Hollow Glassware Market Revenues & Volume By Pharmaceutical Packaging for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Hollow Glassware Market Revenues & Volume By Others for the Period 2020-2030
  • Vietnam Hollow Glassware Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Vietnam Hollow Glassware Top Companies Market Share
  • Vietnam Hollow Glassware Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam Hollow Glassware Company Profiles
  • Vietnam Hollow Glassware Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 Vietnam Hollow Glassware Market Overview

3.1 Vietnam Country Macro Economic Indicators

3.2 Vietnam Hollow Glassware Market Revenues & Volume, 2020 & 2030F

3.3 Vietnam Hollow Glassware Market - Industry Life Cycle

3.4 Vietnam Hollow Glassware Market - Porter's Five Forces

3.5 Vietnam Hollow Glassware Market Revenues & Volume Share, By Type, 2020 & 2030F

3.6 Vietnam Hollow Glassware Market Revenues & Volume Share, By Application, 2020 & 2030F

4 Vietnam Hollow Glassware Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Vietnam Hollow Glassware Market Trends

6 Vietnam Hollow Glassware Market, By Types

6.1 Vietnam Hollow Glassware Market, By Type

6.1.1 Overview and Analysis

6.1.2 Vietnam Hollow Glassware Market Revenues & Volume, By Type, 2020-2030F

6.1.3 Vietnam Hollow Glassware Market Revenues & Volume, By Medium Borosilicate, 2020-2030F

6.1.4 Vietnam Hollow Glassware Market Revenues & Volume, By High Borosilicate, 2020-2030F

6.2 Vietnam Hollow Glassware Market, By Application

6.2.1 Overview and Analysis

6.2.2 Vietnam Hollow Glassware Market Revenues & Volume, By Solar Energy Tubes, 2020-2030F

6.2.3 Vietnam Hollow Glassware Market Revenues & Volume, By Laboratory Apparatus, 2020-2030F

6.2.4 Vietnam Hollow Glassware Market Revenues & Volume, By Heat Glassware, 2020-2030F

6.2.5 Vietnam Hollow Glassware Market Revenues & Volume, By Chemical Tubes, 2020-2030F

6.2.6 Vietnam Hollow Glassware Market Revenues & Volume, By Pharmaceutical Packaging, 2020-2030F

6.2.7 Vietnam Hollow Glassware Market Revenues & Volume, By Others, 2020-2030F

7 Vietnam Hollow Glassware Market Import-Export Trade Statistics

7.1 Vietnam Hollow Glassware Market Export to Major Countries

7.2 Vietnam Hollow Glassware Market Imports from Major Countries

8 Vietnam Hollow Glassware Market Key Performance Indicators

9 Vietnam Hollow Glassware Market - Opportunity Assessment

9.1 Vietnam Hollow Glassware Market Opportunity Assessment, By Type, 2020 & 2030F

9.2 Vietnam Hollow Glassware Market Opportunity Assessment, By Application, 2020 & 2030F

10 Vietnam Hollow Glassware Market - Competitive Landscape

10.1 Vietnam Hollow Glassware Market Revenue Share, By Companies, 2023

10.2 Vietnam Hollow Glassware Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All