Brazil Luxury Drinking Glasses Market for Service Sector Size and Forecasts (2020-2030)
Brazil Luxury Drinking Glasses Market for Service Sector Size and Forecasts (2020 – 2030), Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Product Type (Wine Glass, Whiskey Glass, Water and Juice Glass, Cocktail Glass, and Others), Material Type (Glass, Ceramic, Crystal, Titanium, and Others), and End Use (Hotels, Fine Dining Restaurants, Bars, and Others)
$2,485 – $3,885
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Description
In Brazil, there is a rising interest in regional craft distilleries, contributing to the growth of the craft spirit movement. The craft beer movement propels the demand for specialized glasses designed to enhance the aroma and flavor of different beers. Consumers seek fancy-looking cocktails and spirits served in sophisticated luxury glasses. Caipirinha is a widely consumed cocktail in Brazil and has gained popularity in many bars and fine-dining restaurants. Upscale bars, hotels, and restaurants often use luxury glasses to enhance their cocktail offerings. Common types of luxury glasses used to serve cocktails are martini glass, highball glass, rock glass, coupes, tumblers, collins glass, margarita glass, and other specialized glasses. This factor has significantly contributed toward the growth of luxury drinking glasses market for service sector in the Brazil.
Based on end use, the Brazil luxury drinking glasses market for service sector market is segmented into hotels, fine dining restaurants, bars, and others. In 2022, hotels segment held a significant market share, and fine dining restaurants is expected to be the fastest growing segment during the forecast period. Brazil has the fastest-growing hotel market in South America. The luxury hotel sector is booming in Brazil. Brazil, among other countries in South America, is increasingly attracting travelers interested in exploring destinations that provide a combination of culture, nature, and history. More travelers are visiting the country, and the country has begun attracting luxury hotel brands looking to satisfy the growing demand. In Brazil, there is a range of exceptional fine-dining restaurants. Various stylish and sophisticated fine dining restaurants offer a memorable and satisfying dining experience. The restaurants in Brazil offer a unique blend of flavors, styles, and settings that make it a destination for tourists and food lovers across the world.
Brazil luxury drinking glasses market for service sector growth is attributed to the growing tourism industry. Brazil has invested significantly in marketing campaigns to promote tourism across the world. These efforts highlight the country’s attractions and showcase its diverse and appealing destinations. Investments in transportation and accommodation infrastructure boost the tourism industry. According to the Ministry of Tourism (Brazil), the spending by international tourists in Brazil reached ~US$ 650 million in August 2023. Brazil features long coastline, availability of ports, scenic beaches and tourist destinations, making it popular destination for cruises. The luxury cruises are gaining popularity due to rising tourist spending. The rise in tourism also prompts investment in infrastructure development, including expansion of airports and public transportation. The growing revenue of high-end establishments is directly proportional to the increased investments in luxury services.
Glasvin, Vicrila Industrias Del Vidrio SLU, Tiroler Glashutte GmbH, Rona AS, Turkiye Sise ve Cam Fabrikalari AS, Stoelzle Oberglas GmbH, Crystal Bohemia AS, Nadir Figueiredo SA, Bormioli Luigi SpA, and Leerdam Crisal Glass, are among the leading players in the Brazil luxury drinking glasses market for service sector. These companies are adopting strategies such as mergers & acquisitions and product launches to expand their geographic presence and consumer bases.
The overall Brazil luxury drinking glasses market for service sector market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights. Participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants, including valuation experts, research analysts, and key opinion leaders—specializing in the Brazil luxury drinking glasses market for service sector.
Summary Info
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Luxury drinking glasses are highly used for serving wine, vodka, champagne, beer, and other drinks. These drinking glasses are made of different materials and are available in various designs, styles, shapes, and sizes. In Brazil, breweries selling craft beers and flavored alcoholic beverages report high demand for alcoholic beverages. The rising consumption of beverages such as beer, whisky, spirits, and wines in restaurants, cafes, and hotels drives the demand for luxury drinking glasses.
Brazil Luxury Drinking Glasses Market for Service Sector – Country Analysis
Economic growth, tourism development, government initiatives, and global events contribute to the growth of hotel establishments in Brazil. The country has experienced economic growth, attracting domestic and international investments. A thriving economy correlates with increased business activities, conferences, and tourism, leading to the development of the hospitality industry. Brazil boasts diverse attractions, including iconic landmarks such as Rio de Janeiro, Amazon, and beaches. The country hosted major events such as the FIFA World Cup and the Olympics, contributing to an influx of tourists. High-end hotel establishments invest significantly in luxury drinking glasses to convey a sense of sophistication and exclusivity. This contributes to the aesthetic appeal of fine dining and upscale settings.
According to the BRIC Group, spending among tourists has increased since the COVID-19 pandemic, creating potential opportunities for the hospitality industry to offer luxury products and services in Brazil. Further, the Brazilian Luxury Travel Association guests and travelers requested for various services, of which 90% requests included food, 60% requests included special menu, and 71% requested for experience package in Brazil. In 2022, Rosewood Hotels announced the development of Rosewood São Paulo, offering high-end services. The hotel owns champagne glasses etched with Jean Cocteau sketches from Allard’s private collection. Therefore, the rise in hotel establishments in Brazil drives the luxury drinking glasses market for service sector.
Glasvin, Vicrila Industrias Del Vidrio SLU, Tiroler Glashutte GmbH, Rona AS, Turkiye Sise ve Cam Fabrikalari AS, Stoelzle Oberglas GmbH, Crystal Bohemia AS, Nadir Figueiredo SA, Bormioli Luigi SpA, and Leerdam Crisal Glass are among the key players operating in the Brazil luxury glasses market for service sector.
The “Brazil Luxury Drinking Glasses Market for Service Sector Analysis and Forecast to 2030” is a specialized and in-depth study of the consumer goods industry, focusing on the Brazil luxury drinking glasses market for service sector trend analysis. The report aims to provide an overview of the market with detailed market segmentation. The Brazil luxury drinking glasses market for service sector is divided on the basis of product type, material type, and end use. Based on product type, the market is segmented into wine glass, whiskey glass, water and juice glass, cocktail glass, and others. Based on material type, the market is divided into glass, ceramic, crystal, titanium, and others. In terms of end use, the market is segmented into hotels, fine dining restaurants, bars, and others.
Wine glasses are available in different sizes and shapes for a variety of wines. Each type of wine needs a specific style of glass for service to enhance the flavors, aromas, and overall experience of wine consumption. Whiskey glasses are available in various designs and different styles. Types of whiskey glasses include whiskey tumblers, highball glasses, tulip glasses, snifters, and neat glasses. Water and fruit juice glasses are made from glass, ceramic, and metals, and they are available in beautiful designs. Highball glass, collins glass, rocks glass, coupe glass, martini glass, copper glass, margarita glass, and hurricane glass are a few types of cocktail glasses. The others category includes coffee glass, vodka glass, rum glass, beer glass, brandy glass, and tequila glass.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Brazil luxury drinking glasses market for service sector
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the Brazil luxury drinking glasses market for service sector, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth Brazil market trends and outlook coupled with the factors driving the luxury drinking glasses market for service sector as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
TABLE OF CONTENTS
1. Introduction
1.1 The Research Team Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Brazil Luxury Drinking Glasses Market for Service Sector Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors
5. Brazil Luxury Drinking Glasses Market for Service Sector – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growth of Hotel Establishments in Brazil
5.1.2 Adoption of Luxury Drinking Glasses in Foodservice Industry
5.2 Market Restraints
5.2.1 Limited Target Audience
5.3 Market Opportunities
5.3.1 Growing Tourism Industry
5.4 Future Trends
5.4.1 Rising Demand for Premium Beverages
5.4.2 Rising Demand for Personalized Drinking Glasses
5.5 Impact Analysis
6. Luxury Drinking Glasses Market for Service Sector – Brazil Market Analysis
6.1 Brazil Luxury Drinking Glasses Market for Service Sector Revenue (US$ Thousand)
6.2 Brazil Luxury Drinking Glasses Market for Service Sector Forecast and Analysis
7. Brazil Luxury Drinking Glasses Market for Service Sector Analysis – Product Type
7.1 Wine Glass
7.1.1 Overview
7.1.2 Wine Glass Market Revenue and Forecast to 2030 (US$ Thousand)
7.2 Whiskey Glass
7.2.1 Overview
7.2.2 Whiskey Glass Market Revenue and Forecast to 2030 (US$ Thousand)
7.3 Water and Juice Glass
7.3.1 Overview
7.3.2 Water and Juice Glass Market Revenue and Forecast to 2030 (US$ Thousand)
7.4 Cocktail Glass
7.4.1 Overview
7.4.2 Cocktail Glass Market Revenue and Forecast to 2030 (US$ Thousand)
7.5 Others
7.5.1 Overview
7.5.2 Others Market Revenue and Forecast to 2030 (US$ Thousand)
8. Brazil Luxury Drinking Glasses Market for Service Sector Analysis – Material Type
8.1 Glass
8.1.1 Overview
8.1.2 Glass Market Revenue and Forecast to 2030 (US$ Thousand)
8.2 Ceramic
8.2.1 Overview
8.2.2 Ceramic Market Revenue and Forecast to 2030 (US$ Thousand)
8.3 Crystal
8.3.1 Overview
8.3.2 Crystal Market Revenue and Forecast to 2030 (US$ Thousand)
8.4 Titanium
8.4.1 Overview
8.4.2 Titanium Market Revenue and Forecast to 2030 (US$ Thousand)
8.5 Others
8.5.1 Overview
8.5.2 Others Market Revenue and Forecast to 2030 (US$ Thousand)
9. Brazil Luxury Drinking Glasses Market for Service Sector Analysis – End Use
9.1 Hotels
9.1.1 Overview
9.1.2 Hotels Market Revenue and Forecast to 2030 (US$ Thousand)
9.2 Fine Dining Restaurants
9.2.1 Overview
9.2.2 Fine Dining Restaurants Market Revenue and Forecast to 2030 (US$ Thousand)
9.3 Bars
9.3.1 Overview
9.3.2 Bars Market Revenue and Forecast to 2030 (US$ Thousand)
9.4 Others
9.4.1 Overview
9.4.2 Others Market Revenue and Forecast to 2030 (US$ Thousand)
10. Impact of COVID-19 Pandemic on Brazil Luxury Drinking Glasses Market for Service Sector
10.1 Pre & Post Covid-19 Impact
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentrations
12. Industry Landscape
12.1 Overview
12.2 Merger and Acquisition
12.3 Other Market Initiative
13. Company Profiles
13.1 Turkiye Sise ve Cam Fabrikalari AS
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Stoelzle Oberglas GmbH
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Crystal Bohemia AS
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Nadir Figueiredo SA
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Bormioli Luigi SpA
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Leerdam Crisal Glass
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 RONA AS
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Glasvin
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Vicrila Industrias del Vidrio SLU
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Tiroler Glashutte GmbH
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
LIST OF TABLES
Table 1. Brazil Luxury Drinking Glasses Market for Service Sector Segmentation
Table 2. Brazil Luxury Drinking Glasses Market for Service Sector Revenue and Forecasts To 2030 (US$ Thousand)
Table 3. Brazil Luxury Drinking Glasses Market for Service Sector Revenue and Forecasts To 2030 (US$ Thousand) – Product Type
Table 4. Brazil Luxury Drinking Glasses Market for Service Sector Revenue and Forecasts To 2030 (US$ Thousand) – Material Type
Table 5. Brazil Luxury Drinking Glasses Market for Service Sector Revenue and Forecasts To 2030 (US$ Thousand) – End Use
Table 6. Heat Map Analysis by Key Players
LIST OF FIGURES
Figure 1. Luxury Drinking Glasses Market for Service Sector – Porter’s Analysis
Figure 2. Ecosystem: Brazil Luxury Drinking Glasses Market for Service Sector
Figure 3. Market Dynamics: Brazil Luxury Drinking Glasses Market for Service Sector
Figure 4. Brazil Luxury Drinking Glasses Market for Service Sector Impact Analysis of Drivers and Restraints
Figure 5. Brazil Luxury Drinking Glasses Market for Service Sector Revenue (US$ Thousand), 2020 – 2030
Figure 6. Brazil Luxury Drinking Glasses Market for Service Sector Share (%) – Product Type, 2022 and 2030
Figure 7. Wine Glass Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 8. Whiskey Glass Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 9. Water and Juice Glass Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 10. Cocktail Glass Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 11. Others Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 12. Brazil Luxury Drinking Glasses Market for Service Sector Share (%) – Material Type, 2022 and 2030
Figure 13. Glass Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 14. Ceramic Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 15. Crystal Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 16. Titanium Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 17. Others Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 18. Brazil Luxury Drinking Glasses Market for Service Sector Share (%) – End Use, 2022 and 2030
Figure 19. Hotels Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 20. Fine Dining Restaurants Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 21. Bars Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 22. Others Market Revenue and Forecasts To 2030 (US$ Thousand)
Figure 23. Company Positioning & Concentrations
The List of Companies – Brazil Luxury Drinking Glasses Market for Service Sector
o Turkiye Sise ve Cam Fabrikalari AS
o Stoelzle Oberglas GmbH
o Crystal Bohemia AS
o Nadir Figueiredo SA
o Bormioli Luigi SpA
o Leerdam Crisal Glass
o Glasvin
o Vicrila Industrias Del Vidrio SLU
o Tiroler Glashutte GmbH
o Rona AS
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