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Retail Sales of Glass Tableware and Ornamental Ware in the UK Increased by Just 0.4% in 2006, Following 2 Years of Marginal Decline, to GBP 356.5M.

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c75447) has announced the addition of "Glassware Market Report 2007" to their offering.

Retail sales of glass tableware and ornamental ware in the UK increased by just 0.4% in 2006, following 2 years of marginal decline, to PS356.5m.The market for glassware may be divided into the categories of soda lime glass, lead glass and heat-resistant glass, and it includes both functional products (e.g. tumblers) and decorative products (e.g. vases and collectibles).

Little remains of the UK's indigenous glass-manufacturing industry as factory after factory has closed and companies have been forced into liquidation or have moved their production overseas. As in other manufacturing sectors, British companies are unable to compete with foreign suppliers, which are not hampered by the high labour, environmental and energy costs that are found in the UK. According to trade sources, the past 3 years have seen an enormous transfer of glass production to countries outside the EU, particularly those in the Middle East, South America and the Far East.

The UK's last two volume producers of machine-made glassware are no more. Demaglass Tableware, which once produced more than 2 million pieces of glassware per week, went into receivership in 2001 and the two giant chimneys on its former Chesterfield site were demolished in 2006, in preparation for the site's redevelopment. Demaglass's main competitor, Ravenhead, went into administration in 2001 and the brand was subsequently acquired by Rayware Ltd. Hundreds of jobs have also been shed at Waterford Wedgwood's sites in the Republic of Ireland, and the last commercial glassware factory in Sunderland is closing in 2007.

Figures from National Statistics indicate that the volume of sales by household-goods stores (including furniture, electrical and DIY stores) increased by 4.9% in the 3 months to July 2007 -- the strongest growth in this sector since May 2001. However, July 2007 saw retail footfall drop below its 2006 level for the first time in 6 months, and it is arguable whether the full effects of the five interest-rate rises in the past 12 months have yet been felt.

In an oversupplied market, with high levels of cheap imports and discounted glassware, it has proved difficult to increase the value of sales significantly, although the growth in the number of UK households has benefited sales volumes. Accordingly, Key Note forecasts only modest growth in the value of UK retail sales of glassware between 2007 and 2011.

Executive Summary

1. Market Definition

2. Market Size

3. Industry Background

4. Competitor Analysis

5. Strengths, Weaknesses, Opportunities and Threats

6. Buying Behaviour

8. The Global Market

9. Forecasts

10. Company Profiles

11. Consumer Confidence

12. Further Sources

Companies mentioned:

-Portmeirion Group Plc

-Rayware Ltd

-Villeroy & Boch (Uk) Ltd

-Waterford Wedgwood Plc

For more information visit http://www.researchandmarkets.com/reports/c75447
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Publication:Business Wire
Date:Nov 27, 2007
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