The global sales insulated tumblers are estimated to be worth USD 340.6 million in 2021 and are anticipated to reach a value of USD 485.1 million by 2031. Sales are projected to rise at a CAGR of 3.6% over the forecast period between 2021 and 2031. The revenue generated by insulated tumblers in 2020 was USD 325.5 million.
The demand for insulated tumblers from consumers is high, especially for a product that blends eco-friendliness with convenience. Because these tumblers keep the temperature of drinks for a long period, their functionality has gained consumer acceptance and witnessed increased demand, especially in three main areas: on-the-go lifestyles, health consciousness, and environmental awareness.
With more people being conscious about health and fitness, the urge to refill and carry home-made drinks like smoothies, herbal teas, and infused water has become greater. Insulated tumblers are perfect for maintaining such drinks at the right temperature for a whole day-be it steaming hot or ice-cold.
The insulated tumbler can be used for several types of drinks: coffee, tea, cold drinks. Their spill-proof design and portability make them convenient for use at work, during travels, and at everyday life, hence addressing busy consumers on-the-go.
Global Insulated Tumblers Industry Assessment
| Attributes | Key Insights |
|---|---|
| Historical Size, 2020 | USD 325.5 million |
| Estimated Size, 2021 | USD 340.6 million |
| Projected Size, 2031 | USD 485.1 million |
| Value-based CAGR (2021 to 2031) | 3.6% |
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The insulated tumblers are made from high-quality food-grade stainless steel, which is highly durable and unbreakable. It has an electro-polished interior, ensuring that the tumbler remains pure and rust-free, imparting no flavours. Its spill-proof lid comes with a removable rubber gasket to prevent it from spilling and is leak-proof.
The insulated tumbler has a vacuum double wall design, which ensures good insulation. The unique double-wall vacuum insulation technology protects the temperature for hours and keeps cold beverages ice-cold up to 24 hours and hot drinks warm over six hours.
Additionally, its wide mouth opening allows easy access to the surface base helps for easy cleaning. Its superior double powder coating provides additional grip helps in easy to hold and carry. The attractive and visually appealing shape and design grab the customer’s attention and are comfortable and portable to carry in hand.
Therefore, the emerging trend of the most flexible, convenient, and safe packaging solution among consumers will enhance the.
The insulated tumblers are highly preferred during traveling, outings, and sports activities. The portable and handy insulated tumblers are favoured in outdoor camping, hiking, biking, and shopping due to their excellent convenience, high quality, and earth-friendly qualities. Nowadays, outings and traveling is increasing tremendously.
Even due to busy lifestyles, on-the-go liquid food ordering is also growing. Today, with growing quick-service restaurants and fast food service of restaurants and cafes, the insulated tumblers are gaining attractiveness owing to their outstanding ability to retain the drink hot or cold for a longer duration.
Therefore, the changing consumer’s choice and habits for the most secure, safe, and sustainable packaging solution will drive the insulated tumblers market.
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The double-walled, vacuum-sealed insulated tumbler keeps the drink hot or cold for hours. The growing trend and preference for customized printing will create excellent marketing potential. The customized printing on the insulated tumbler will showcase the company’s logo and maximum message visibility.
Furthermore, the insulated tumblers are safe, convenient, and easy to carry. Nowadays, the trend of celebrating birthdays, anniversaries, special days is gaining popularity. Personalized insulated tumblers are favoured as a perfect gift by consumers because of their excellent features and functionality. Therefore, the eye-catchy colours and design with customized printing will generate an insulated tumblers market.
A few printing processes like screen printing, 3D printing, sublimation printing, and embossing will enhance the insulated tumblers’ aesthetic look and visual appearance but these processes increase the overall production cost which directly impacts the price of product in the market. It is expected to restrain the market for insulated tumblers.
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Key players such as:
are actively involved in insulated tumblers market for different applications.
Key Asian players such as:
are actively involved in insulated tumblers market for different applications.
The manufacturers involved in manufacturing insulated tumblers s adopt various strategies such as innovation and product launch to serve the increasing demand for the insulated tumblers market.
Retaining the quality, taste, and flavour for a longer duration is the utmost priority for food packaging. Due to long busy working hours and hectic lifestyles in the USA, people prefer the ready-to-drink and outside food ordering.
The USA has the world’s most prominent food outlets. The rising popularity of quick-service restaurants, cafes, and foodservice restaurants is opting for temperature-controlled and safe packing solutions to cater to the growing demand for the fastest and secure food delivery. Consumers prefer the most secure and safe food packaging due to the rising concern for health, sanitation, and hygiene.
Furthermore, with the USA’s growing outdoor sporting activities and outings, people prefer the most convenient and reliable packaging. Therefore, by considering these inherent capabilities, the insulated tumbler will showcase significant growth in the USA market.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Material 6.2. Capacity 6.3. Temperature Resistance 7. Global Market Analysis and Forecast, By Material 7.1. Stainless Steel 7.2. Plastic 7.3. Glass 8. Global Market Analysis and Forecast, By Capacity 8.1. Up to 250 ml 8.2. 250 - 750 ml 8.3. Above 750 ml 9. Global Market Analysis and Forecast, By Temperature Resistance 9.1. Hot Beverages 9.2. Cold Beverages 10. Global Market Analysis and Forecast, By Region 10.1. North America 10.2. Latin America 10.3. Europe 10.4. South Asia 10.5. East Asia 10.6. Oceania 10.7. Middle East & Africa 10.8. Others (Pharmaceutical, Beverages) 11. North America Sales Analysis and Forecast, by Key Segments and Countries 12. Latin America Sales Analysis and Forecast, by Key Segments and Countries 13. Europe Sales Analysis and Forecast, by Key Segments and Countries 14. South Asia Sales Analysis and Forecast, by Key Segments and Countries 15. East Asia Sales Analysis and Forecast, by Key Segments and Countries 16. Oceania Sales Analysis and Forecast, by Key Segments and Countries 17. Middle East & Africa Sales Analysis and Forecast, by Key Segments and Countries 18. Others (Pharmaceutical, Beverages) Sales Analysis and Forecast, by Key Segments and Countries 19. Sales Forecast by Material, Capacity, and Temperature Resistance for 30 Countries 20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 21. Company Profile 21.1. Thermos L.L.C. 21.2. Camelbak Products 21.3. LLC 21.4. YETI COOLERS 21.5. Pelican Products Inc. 21.6. Klean Kanteen Inc. 21.7. Cool Gear International
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Insulated Tumblers Market
