Regional Analysis
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
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