MARGARITA GLASS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Margarita Glass Market, By Product Type (Standard Margarita Glass, Stemmed Margarita Glass, Insulated Margarita Glass, Colored Margarita Glass, Engraved/Etched Margarita Glass, Oversize Margarita Glass, and Others (Novelty Shaped, Two-piece)), By Material Type (Glass, Acrylic, Plastic, Stainless Steel, Ceramic, and Others (Crystal, Copper)), By Distribution Channel (Online, Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, and Others (Departmental Stores)), By End-user (Commercial and Household), By Price Range (Low, Medium, and High), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Margarita Glass Market Regional Insights

North America is expected to be the largest market for margarita glass market during the forecast period, accounting for over 40% of the market share in 2023. The growth of the market in North America is due to high demand from the expanding food service industry and established cocktail culture.
The Europe market is expected to be the second-largest market for margarita glass market, accounting for over 30% of the market share in 2023. The growth of the market is due to high consumption of margarita cocktails in countries like U.K., Germany, and France.
The Asia Pacific market is expected to be the fastest-growing market for margarita glass market, with a CAGR of over 15% during the forecast period. The growth of the market in Asia Pacific is due to rising cocktail consumption among millennial population and growth of bars.

Figure 1. Margarita Glass Market Share (%), By Region, 2023

Geographies covered:

North America: U.S. and Canada
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa and Rest of Middle East

Margarita Glass Market Report Snapshots