openPR Logo
Press release

Tumblers Market Future Demand Analysis With CAGR of 5.8%, COVID Impact and Global Analysis by TMR

Tumblers Market

Tumblers Market

As per a research study by Transparency Market Research study, steel tumblers segment is predicted to contribute the biggest slice of revenue in the Global Tumblers Market due to technological advancement such as vacuum tumblers. The report also anticipates the rise in revenue generated in this segment to over USD $732.9 mn in 2018, a 5.8% Compound Annual Growth Rate.

Overall too global tumblers market will see a rise in demand for these containers as more and more people now understand how these are better than cups. Other than the fact that tumblers with lids avoid spillage and can be carried anywhere conveniently, there is also the benefit of reusability, something most civil societies, governments as well as consumers are now very careful about.

Get full report details at

Competition to be slightly fragmented

While global tumblers market is fairly fragmented. The major players use various strategies to keep their grasp on the market share. Some of these include upgrading their production capabilities and focusing their energies on geographical expansion.

Prominent players include Tupperware Brands Corporation, Pelican Products, Inc., Thermos, LLC, CamelBak Products LLC, LLC (S'well Bottle), Can't Live Without It, Evans Manufacturing, Inc., and Hydro Flask.

Change in Lifestyle to help drive global tumblers market growth

Changing taste and improving technology is pushing people towards convenient products. As more people follow the always on the move philosophy, the need for tumblers that do not spill is increasing in the global tumbler market. Therefore, it should come as no surprise that manufactures are constantly trying to bring forth new and improved products in the market such as the vacuum tumblers with double walls that keep beverages at their intended temperatures for longer period of time.

Then there is a never seen before level of customization wanted by consumers requiring personal messages and corporate logos and prints, making tumblers look attractive for people of all age groups and sometimes acting as marketing tools.

Get PDF Brochure for More Insights -

Another driver of the Global Tumblers Market is the move towards a lifestyle that promotes reusability. From products to their packaging, the consumers demand for recyclable or reusable items. This is one reason why steel tumblers are expected to contribute heavily to the revenue generated by tumblers market. Another reason that belongs in the umbrella of lifestyle change and that is causing market to grow is the increase in outdoor recreational activities.

The Asia Pacific Region Will Hold the Largest Share in the Global Tumblers Market, Create Opportunities

Change in lifestyle and consumer taste in the region will lead the Asia Pacific (APAC) region to have the largest share. Developing economies like India have seen a rise in employment and an increase in income in the last few years. There is another factor that would boost this market - flourishing beverage industry and an increased demand for appealing packaging. This has led to a shift in lifestyle, including outdoor recreational activities that promise to boost the tumbler market. MEA on the other hand will add little but have a rapidly growing market share. Latin America will see a moderate growth. Here again countries like Brazil have seen great employment and income figures which have led to an impact similar to that seen in India.

The above mentioned study is based on a Transparency Market Research Report titled “Tumblers Market (Product Type - Steel Tumblers, Plastic Tumblers, Glass Tumblers; Capacity - Up to 12 oz, 12 to 20 oz, 20 to 30 oz, Above 30 oz; Sales Channel - Hyper/Super Market, Convenience Stores, Online Sales) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018-2026.

Buy Exclusive Report here<ype=S

Improving Innovation and Changing Taste of Consumers will Boost Tumblers Market

The advent of latest tumblers in terms of technologically advancements such as vacuum tumblers is likely to drive the global tumblers market in the coming years. Changing taste and improving innovation is pushing individuals towards helpful items. As more individuals follow the consistently moving way of thinking, the requirement for tumblers that don't spill is expanding in the worldwide tumbler market. Hence, it should not shock anyone that makes are continually attempting to deliver better than ever items in the market, for example, the vacuum tumblers with two fold dividers that save drinks at their expected temperatures for longer timeframe.

The global tumblers market is categorized on the basis of product type, capacity, sales channel, and regions. In terms of product, the market is grouped into steel tumblers, plastic tumblers, and glass tumblers. Based on capacity, the market is classified into upto 12 oz, 12 to 20 oz, 20 to 30 oz, above 30 oz. With respect to sales channel, the market is grouped into hyper, super market, convenience stores, and online sales. Some of the notable companies functioning in the global market for tumblers include Lock&Lock Co. Ltd., Cool Gear International, cAMELbACK Products, Tupperware Brands Corporation, and others.

Contact Us:

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Tumblers Market Future Demand Analysis With CAGR of 5.8%, COVID Impact and Global Analysis by TMR here

News-ID: 2488446 • Views: 143

More Releases from Transparency Market Research

Ambient Food Packaging Market to Register Substantial Expansion in Next 5 Years …
Ambient food packaging refers to packing a food product in pasteurised and sterilized packs to increase its shelf life. Ambient food packing has become a trend in the food packaging industry and ambient food products are preferred by majority of the consumers over others. Increasing demand for having more empty space in chill cabinets calls for the adoption of the food packaging methods that can offer a better shelf life
Horizontal Fan Coil Market is set to Garner Staggering Revenues by 2027 - TMR
Global Fan Coil Unit Market: Overview According to a new market report pertaining to the global fan coil unit market published by Transparency Market Research the global fan coil unit market is anticipated to reach volume of 11,378.2 thousand units by 2027. The fan coil unit market is projected to expand at a CAGR of 3.6 % from 2019 to 2027 in terms of sale. Growth of the fan coil unit
RTC IC Market – Opportunities in Key Application Sectors by 2029
Global Real-time Clock (RTC) IC Market: Introduction Transparency Market Research delivers key insights on the global real-time clock (RTC) IC market. In terms of revenue, the global real-time clock IC market is estimated to expand at a CAGR of ~4% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in its report on the global real-time clock IC market. A real-time clock IC is a
Healthcare Packaging Market: Explore Top Factors that Will Boost the Global Mark …
Healthcare Packaging Market: Introduction The latest report published by Transparency Market Research on the global healthcare packaging market, includes global industry analysis, share, size, growth trends and forecast for 2021-2029. The current value of the global healthcare packaging market is US$ 100 Bn and is anticipated to expand to US$ 155 Bn by the year 2029. Growth of the pharmaceutical industry and high demand for medicinal supplies & drugs have created

All 5 Releases

More Releases for Tumblers

Tumblers Market Dynamics, Segments, Size and Demand, 2018 – 2028
Global Tumblers Market: Overview As more and more people get outdoorsy – be it via sports or via recreation activities such as trekking, camping and so on, and demand for tumblers increase. And, thus, between 2018 and 2028, the global tumblers market is set to see massive increase. The CAGR (Compound Annual Growth Rate) will be steady, pulling the market worth up. These are better than cups as these have lids to
Global Tumblers Industry Market Analysis & Forecast 2018-2023
The eventual fate of the Global tumbler Industry with top market looks alluring with circumstances in open air exercises, for example, outdoors, climbing, wellness, and travel. The significant development drivers for this market increment in open air recreational exercises, interest for appealing drinkware items, and expanding utilization of limited time tumblers as a corporate or individual blessing with tweaked prints, logos, and messages. Get sample copy of report : Table
Tumblers Market 2018-2026: Growth by Manufactures, Types, Applications and Regio …
Increasing outdoor recreational activities and growing demand for attractive drink ware have created high demand for tumblers, due to which the use of tumblers as a promotional tool has become increasingly common. Growing demand for personal and corporate gifts with customized messages, logos, and prints is identified to be among the prominent factors propelling the demand for tumblers. Request a PDF Brochure with Future Analysis @ The demand for tumblers has
Plastic Tumblers Market : Comprehensive Analysis of World Markets & Trade, 2028
Plastic tumblers are extensively preferred by the customers as it has got numerous advantages as compared to cups. One can effortlessly walk and drink a beverage, as plastic tumblers removes the possibility of spilling of the liquid. Nowadays, with a changing lifestyle, the consumers are in a search for convenient products.  Plastic tumblers are present in different shapes, sizes and designs and are gaining traction from the customer's end. Many
New Study Forecasts Global Tumblers Market to Witness Sustained Growth in Coming …
Market Research Reports Search Engine examines the global tumblers market during the forecast period 2018-2026. The primary objective of the report is to identify opportunities in the market and present updates as well as insights about various segments of the global tumblers market. The report begins with an overview of the global tumblers market, evaluating market performance regarding revenue, followed by MRRSE analysis of key trends, drivers and restraints witnessed
Reusable Tumblers Market to Register Steady Growth During 2017 - 2027
Reusable tumblers market: Introduction Tumblers are widely preferred by the consumers as it has got various advantages over cups. One can easily walk and drink the beverage, as tumblers eliminates the possibility of spillage of the liquid. Today, with the changing lifestyle, consumers are in search of convenient products. Tumblers are present in different shapes, designs are gaining traction from the consumer's end. Many brand are serving their beverages such