Press release
Tumbler Market 2024 Research Report
Tumbler MarketThe global Tumbler market was valued at US$ 2667.6 million in 2023 and is anticipated to reach US$ 5549.5 million by 2030, witnessing a CAGR of 10.9% during the forecast period 2024-2030.
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Report Scope
The global tumbler market is growing steadily due to the increasing demand for reusable drinkware, driven by rising environmental awareness and the shift away from single-use plastics. Tumblers, known for their durability and ability to keep beverages hot or cold for extended periods, are popular among consumers looking for sustainable alternatives to disposable cups and bottles. The trend towards eco-friendly products, particularly in urban areas where sustainability is a key concern, has contributed to the growth of the tumbler market. Additionally, tumblers are widely used in travel, outdoor activities, and fitness routines, making them a versatile product that appeals to a wide range of consumers. The increasing popularity of customized and branded tumblers, often used as promotional items, is further boosting market demand. However, the higher cost of premium tumblers compared to disposable alternatives may limit adoption in some regions.
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Segment by Type
• Stainless Steel Tumbler
• Glass Tumbler
• Plastic Tumbler
Segment by Application
• Household
• Commercial
By Companies
YETI, Starbucks, Newell Brands, CamelBak Products, Thermos, Lock & Lock, Tervis Tumbler, S'well Bottle, Libbey, ORCA Cooler, RTIC, KINTO, CORKCICLE
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FAQ for this Report
How fast is Tumbler Market growing?
Ans: The Tumbler Market witnessing a CAGR of 10.9% during the forecast period 2024-2030.
What is the Tumbler Market size in 2030?
Ans: The Tumbler Market size in 2030 will be US$ 5549.5 million.
Who are the main players in the Tumbler Market report?
Ans: The main players in the Tumbler Market are YETI, Starbucks, Newell Brands, CamelBak Products, Thermos, Lock & Lock, Tervis Tumbler, S'well Bottle, Libbey, ORCA Cooler, RTIC, KINTO, CORKCICLE
What are the Application segmentation covered in the Tumbler Market report?
Ans: The Applications covered in the Tumbler Market report are Household, Commercial
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