Drinkware Market Poised to Hit $43.27 Billion by 2029 with Accelerating Growth Trends

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

Drinkware Market Size Growth Forecast: What to Expect by 2025?
The market size of drinkware has seen robust growth in the last few years. From $32.9 billion in 2024, it will expand to $34.85 billion in 2025, showcasing a compound annual growth rate (CAGR) of 5.9%. The escalated growth in the historical period is credited to factors like increasing trend of gifting and personalized products, an upturn in cafe and restaurant culture, an amplified demand for reusable substitutes for disposable cups, progressive influence of lifestyle branding and aesthetics, and growing favoritism towards high-end and designer drinkware.

How Will the Drinkware Market Size Evolve and Grow by 2029?
The market size of drinkware is predicted to witness a robust expansion in the upcoming years, growing to a value of $43.27 billion in 2029, with a compound annual growth rate (CAGR) of 5.6%. This significant increase during the forecast period can be credited to factors such as the rising use of smart and functional drinkware, expansion of e-commerce and direct-to-consumer sales, growth in disposable incomes and alterations in urban lifestyles, a heightened awareness regarding hydration and wellness, and emerging trends in customization and personalization of consumer products. Noteworthy trends during the forecast period encompass progression in technologies for retaining temperature, advanced insulation characteristics in drinkware, innovation in spill-proof and user-friendly designs, introduction of smart features like hydration monitoring and improvements in environment-friendly manufacturing methods.

View the full report here:
https://www.thebusinessresearchcompany.com/report/drinkware-global-market-report

What Drivers Are Propelling the Growth of Drinkware Market Forward?
The growing fondness for non-alcoholic beverages is projected to fuel the expansion of the drinkware market in the future. Non-alcoholic beverages, containing less than 0.5% alcohol or none at all, are consumed for hydration, refreshment, nutrition, or enjoyment sans the intoxication effects. This surge in preference for non-alcoholic beverages can be attributed to heightened health consciousness and the escalating inclination towards safer, alcohol-free drink alternatives. Drinkware is vital in the service of these non-alcoholic drinks, commonly used for enjoying a variety of beverages including water, juice, tea, coffee, milk, and soft drinks. For example, as per the 2024 ANNUAL REPORT released by the British Soft Drinks Association, a UK-based trade association, the overall consumption of soft drinks escalated from 14,114 million liters in 2021 to 15,343 million liters in 2023, with an intermediate total of 14,912 million liters in 2022. This growing fondness for non-alcoholic beverages propels the expansion of the drinkware market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=24955&type=smp

Which Emerging Trends Are Transforming the Drinkware Market in 2025?
The primary players in the drinkware market are channeling their efforts towards technological improvements, such as unique drinkware collections, aiming to boost functionality, sustainability, and consumer satisfaction. A latest drinkware collection entails an innovative lineup of drink vessels such as bottles, tumblers, mugs, or cups, that are equipped with cutting-edge designs, materials, technology, or features. For instance, in October 2023, Pelican Products, Inc., a notable lighting company based in the US, collaborated with Pelican Hydration, a US-based firm offering personalized and customizable promotional products, introducing the PELICAN drinkware collection to the market. This collection amalgamates years of experience in crafting top-quality, durable, and creative products. The new PELICAN drinkware collection presents laser-engraved customization, a range of over 25 vibrant colors, and is built using sustainable recycled stainless steel. The drinkware, designed with vacuum insulation that keeps beverages hot for 9 hours and cold for 24, has a slender base that fits the majority of car cup holders. It also features BPA-free leak-resistant lids, adaptable spouts, and is dishwasher-safe, making it a blend of style, convenience, and environmentally friendly design.

What Are the Key Segments in the Drinkware Market?
The drinkware market covered in this report is segmented -

1) By Product Type: Glass Drinkware, Plastic Drinkware, Metal Drinkware, Ceramic Drinkware, Silicone Drinkware
2) By Price: Low End, Medium Range, High End
3) By Distribution Channel: Supermarkets And Hypermarkets, Specialty Stores, Online Or E-Commerce
4) By Application: Everyday Use, Outdoor And Travel, Sports And Fitness, Other Applications
5) By End-User: Residential, Commercial

Subsegments:
1) By Glass Drinkware: Tumblers, Wine Glasses, Beer Mugs, Champagne Flutes, Shot Glasses, Pitchers And Carafes, Juice Glasses, Highball Or Lowball Glasses
2) By Plastic Drinkware: Water Bottles, Sippy Cups, Tumblers With Lids Or Straws, Sports Bottles, Shaker Bottles, Reusable Party Cups, Travel Mugs, Disposable Plastic Cups
3) By Metal Drinkware: Insulated Water Bottles, Travel Mugs, Tumblers, Flasks, Can Coolers, Thermoses, Sports Bottles, Camping Cups
4) By Ceramic Drinkware: Coffee Mugs, Tea Cups, Espresso Cups, Soup Mugs, Travel Mugs (Ceramic Core), Steins, Decorative Mugs
5) By Silicone Drinkware: Foldable Cups, Wine Glasses, Shot Glasses, Kids Cups, Travel Cups, Collapsible Bottles, Camping Cups

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=24955&type=smp

Who Are the Key Players Shaping the Drinkware Market's Competitive Landscape?
Major companies operating in the drinkware market are Newell Brands Inc., Williams-Sonoma Inc., YETI Holdings Inc., Tupperware Brands Corporation, Tervis Tumbler Company, Libbey Inc., Zojirushi Corporation, Igloo Products Corp., CamelBak Products LLC, RTIC Outdoors LLC, Corkcicle LLC, Anchor Hocking LLC, Hydro Flask, S'well Bottle LLC, LSA International Ltd., Ember Technologies Inc., Klean Kanteen Inc., Thermos LLC, BrüMate LLC, Stanley, Duralex International S.A.S., Takeya USA Corporation, MiiR Inc.

What Geographic Markets Are Powering Growth in the Drinkware Market?
North America was the largest region in the drinkware market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the drinkware market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=24955

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.