Press release
Insulated Drinkware Market Projected to Surpass US$ 13.4 Mn by 2031 - Persistence Market Research
The insulated drinkware market is witnessing dynamic growth, driven by consumer demand for durable, portable, and temperature-retaining beverage containers. As of 2024, the global insulated drinkware market is valued at approximately US$8.6 million, with expectations to reach around US$13.4 million by 2031, growing at a CAGR of 6.5%. This growth is fueled by a rising emphasis on health and wellness, coupled with shifting lifestyles that favor on-the-go consumption.Get a Sample PDF Brochure of the Report (Use Corporate Email ID for a Quick Response):
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From stainless steel thermoses to vacuum-sealed water bottles and tumblers, these products are increasingly favored by fitness enthusiasts, daily commuters, office-goers, and travelers. The ability of these containers to maintain the desired temperature of beverages over long periods has made them a popular choice across seasons and use cases.
Key Highlights from the Report:
➤ Global market set to grow at 6.5% CAGR from 2024 to 2031, reaching US$13.4 Mn by 2031.
➤ Stainless steel and vacuum insulation remain dominant technologies for temperature retention.
➤ Outdoor activities and on-the-go lifestyles drive the largest segment of product applications.
➤ Asia Pacific and the US lead global sales due to urbanization and adventure tourism trends.
➤ Surge in demand for eco-conscious and reusable drinkware options across regions.
➤ Integration of smart features like temperature control and hydration tracking enhances product value.
Market Segmentation
Insulated drinkware products are segmented by product type, body material, capacity, sales channel, and region. Key product types include water bottles, mugs, and cans, with water bottles leading due to their daily use appeal. By body product, stainless steel options dominate for their durability and insulation effectiveness.
Capacity segmentation highlights consumer needs ranging from small (
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At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.
Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.
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