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Reusable Tumblers Market : Recent Industry Trends, Analysis and Forecast 2027

03-07-2018 09:13 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Reusable Tumblers Market : Recent Industry Trends, Analysis

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 as coffees, shakes, juices in tumblers. There is disposing and recycling issue faced by the cups and disposable tumblers, but using reusable tumblers reduces this problem. Plastics reusable tumblers are preferred by the consumers as they are light in weight and convenient in size. These features of reusable tumblers increases its preference over other consumer’s goods and expected to lead to healthy growth of the market

Global reusable tumblers market: Dynamics,segmentation,Regional Overview And Key Players

Global reusable tumblers market is driven by the food & beverage industry. Quick service restaurants such as McDonald’s, Starbucks are serving their coffee in reusable tumblers. Consumers prefer reusable tumblers as they are light in weight and easy to carry. Glass reusable tumblers are usually preferred for serving hot drinks to the consumers, as consumers sometimes complains about mixing the taste of plastics in hot drinks. Glass tumblers are very easy to clean, and compatible in dishwashers and microwaves. However, stainless steel tumblers have insulating material that maintains the temperature of the beverage being packed. Reusable tumblers can be used for keeping the coffee hot for hours, and ice can stay for a day.

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But, stainless steel reusable tumblers are costlier than glass and plastics tumblers therefore they have less preference for the consumer’s end. These features makes them suitable to be used as beverage consuming products, thereby, fueling reusable tumblers market. With the rising concern towards health, consumers are spending more time in gymnasiums. They are consuming juices, protein shakes and use reusable tumblers for carrying them. This is a major factor driving reusable tumblers market. One of the significant restraining factors of the reusable tumblers market is that reusable tumblers are costlier as compared to the disposable tumblers. Thus, reusable tumblers often face competition. Reusable tumblers are used by quick-service restaurants like star bucks for serving coffees. But, these reusable tumblers can be reused only about 10-15 times. These reusable tumblers are incompatible to be washed with dishwasher. These factors restrains the growth of the reusable tumblers market.

The global reusable tumblers market is segmented on the basis of material type and by end use.On the basis of end use, reusable tumblers market is segmented into: Plastics reusable tumblers,Polypropylene,Polystyrene,Glass reusable tumblers,Stainless steel reusable tumblers,Ceramics reusable tumblers,Others.On the basis of end use, reusable tumblers market is segmented into:Quick service restaurants,Retail,Gymnasiums,Others.

Global reusable tumblers market are segmented into seven regions including North America, Latin America, Eastern Europe, Western Europe, Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan. Europe region faces major issues of landfilling, so the governmental regulations in the European region has imposed laws that encourage packaging manufacturers to opt for sustainable packaging solution. This is the major factor driving the growth of the reusable tumblers market in the European region. Consumers in the Asia Pacific region have started spending more on the healthcare industry. Some of the key manufacturers and suppliers of reusable tumblers market are JOCO, Biome Living Pty Ltd, Nirmal Industries etc.

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Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes,technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends. technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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