The global glass decanters market size is calculated at USD 338.32 billion in 2024 and is predicted to reach around USD 459.11 billion by 2034, expanding at a CAGR of 3.1% from 2024 to 2034.
The Glass Decanters Market deals with the production and distribution of decorative glass containers which are commonly used to serve and store beverages like wine, whiskey and others. It is a high-quality container made from crystal, decanters that improve the visual appeal of the product. The growth in the hospitality sector has played a vital role towards the growth of these containers that can also accumulate sediments of the beverage. Additionally, they are also being used widely to enhance the aroma and taste of the product.
The Glass Decanters Market is anticipated to grow significantly due to the rising disposable incomes in the developed countries which raises the demand for premium products, including these containers. The rising trend for home bars is also anticipated to play a vital role in creating more business opportunities in the market.
The Glass Decanters Market in Europe is one of the major players in the global market due to the rich culture of wine in countries like France, Italy, Germany and others. North America also stands out as a major player due to the higher wine-consuming population.