According to the recent study the Tumbler with Lid Market is projected to reach an estimated $3 billion by 2030 from $2 billion in 2023 at a CAGR of 5.9% from 2023 to 2030. Growth in this market is primarily driven by increase in outdoor recreational activities, demand for attractive drinkware products, and increasing use of promotional tumblers as a corporate or personal gift with customized prints, logos, and messages.
Browse 73 figures/charts
and 52 tables in this 202-page report to understand trends, opportunities and
forecast in tumbler with lid market by material (stainless steel, plastic, and
glass and others), product (insulated tumblers and regular tumbler),
application (sports and outdoor activities, everyday, and others) and capacity
(up to 12 ounces, 12 to 20 ounces, 20 to 30 ounces, above 30 ounces) and region
(North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that
the stainless steel tumbler is expected to remain the largest segment over the
forecast period due to exceptional temperature retention properties,
durability, and superior toughness.
Within the global
tumbler with lid market, the sports and outdoor activities, and everyday are
the major application segments, the sports and outdoor activities segment will
remain the largest during the forecast period due to increasing spending in
outdoor recreational activities and growing demand for ultra-lightweight,
fashionable, one-handed beverage containers.
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North America is
expected to remain the largest market and also witness the highest growth over
the forecast period due to increasing camping, hiking, and other outdoor
recreational activities.
Major players of tumbler
with lid market are adopting various growth strategies like new product
launches, expansions, merger and acquisitions, partnerships, agreements, and
collaborations to expand their presence in this market. Newell Brands,
Tupperware Brands, Yeti Holding, Xiamen Xaoyuren Home Appliance and Technology
Co., Thermos, Tervis Tumbler are among the major tumbler with lid providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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