Rising Demand for Luxury Home Decor to Boost Global Glass Decanters Market to US$ 427.73 billion by 2032

FMI

Due to the rising demand throughout the course of the forecast period, a CAGR of 3% is anticipated for the worldwide glass decanters market. By 2032, it’s estimated to be worth US$ 427.73 Bn, up from US$ 318.27 Bn in 2022.

A decanter is a container used to hold liquids like wine, whisky and other alcoholic drinks. Decanters come in a variety of sizes and shapes and are often constructed of glass.Glass decanters often hold the same amount of liquid as a conventional bottle of wine or whisky.

Crystal, a form of glass, is also used to make decanters. Glass items labelled as crystal contain more than 10% lead, whilst glass products labelled as glass contain less than 4% lead oxide.

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Lead in the glass softens it and makes it acceptable for engraving and cutting. This explains why crystal glass decanters are so common. Glass decanters have engravings that give the goods visual attractiveness and allow the user to observe the product from the outside.

Decanters made of glass are frequently used to store and serve wine. The aeration process for wine is enabled by glass decanters. Decanters made of glass therefore allow wine to breathe. In glass decanters, aeration enhances the wine’s flavour. Due to the strong demand for decanted wine, the demand for glass decanters is anticipated to increase during the forecast period.

Global Glass Decanters Market: Dynamics

Drinking decanted wine is a tradition in many countries, as the wine connoisseur advice to let the wine breathe in the glass decanter to enhance its taste. Decanting wine in glass decanters helps remove sediment from it. Glass decanters for wine often do not have a stopper or a seal on it. Whereas for whiskey, there isn’t any need for oxidizing or removing sediment. Premium whiskeys are decanted in glass decanters for aesthetic purposes. While whiskey oxidizes slower than wine, it still needs a sturdy, airtight seal.

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It is observed that some wines take longer to decant than others and thus, a glass decanter with a broad base will increase the amount of oxygen and decant the wine faster. The lead crystal glass decanter is widely preferred over the regular glass as the lead increases the index of refraction and offers much more sparkly appearance. Rapid urbanization has led to an increase in the per-capita personal income and changed lifestyles of people in many countries. Glass decanters provide a stylish way for fine liquor to be served with class and sophistication. While the glass decanters lend a sense of class and elegance, they are also more stable than the whiskey bottles and flasks.

Global Glass Decanters Market: Key Manufacturers

  • O I Packaging
  • Ravenscroft Crystal
  • Prestige Decanters
  • Saver Glass
  • New Genius Glass
  • N R S Glass Suppliers
  • Quality Products of India (QPI)

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Global Glass Decanters Market: Segmentation

Global glass decanters market is segmented on the basis of material:

  • Crystal Glass
  • Regular Glass

Global glass decanters market is segmented on the basis of shape:

  • Swan
  • Cornett
  • Duck
  • Standard
  • Small sized base
  • Medium sized base
  • Large sized base

Global glass decanters market is segmented on the basis of Capacity into:

  • Up to 250 ml
  • 250 ml-500 ml
  • 500 ml-750 ml
  • 750 ml and above

Global glass decanters market is segmented on the basis of end use into:

  • Wines
  • Red wine
  • White Wine
  • Rosé
  • Whiskey
  • Brandy
  • Cocktails

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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