Key Players Operating in And Threats in the Toddler Sippy Cups Market

Global toddler sippy cups market is estimated to value nearly US$ 1.2 Bn in 2017 and is projected to register a CAGR of 5.0% in terms of value during the forecast period 2017–2026. The global toddler sippy cups market is segmented on the basis of type, application, and region.

Among all type segments, plastic type segment in the global toddler sippy cups market is estimated to register a CAGR of over 5% over the forecast period. This can be attributed to growing acceptance of toddler sippy cups products owing to its excellent properties such as lightweight, easier to handle, inexpensive, and easily availability in the market.

On the basis of application segments, 2 to 4 Years segment is projected to register highest CAGR of over 5%. Revenue share of this segment is expected to be the highest among the application segments.

Market in North America is anticipated to grow at a steady rate, while demand for toddler sippy cups in China is forecasted to increase rapidly in near future. The market in emerging countries in Asia Pacific is registering fastest growth for toddler sippy cups market.

North America market is projected to dominate the global toddler sippy cups market and revenue year on year growth of the North America market is expected to increase rapidly during the forecast period, as compared to markets in other regions.

Increasing urbanization and increasing purchasing power of consumers in the Asia Pacific (Ex Australia & China) region is resulting into high demand for sippy cups instead of traditional feeding methods, and this is expected to further drive market growth in the next ten years.

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The report offers insightful and detailed information regarding the various key players operating in the global toddler sippy cups market, their financials, technological innovations, key developments, apart from future strategies, SWOT analysis, acquisitions & mergers, and market footprint.

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