Reusable Tumblers Market Remains Afloat amid COVID-19 Pandemic, to Surge Positively, Projects FMI 2020 2030

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

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Global reusable tumblers market: Dynamics

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. 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.

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Global reusable tumblers market: Regional Overview

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.

Global reusable tumblers market: Key Players 

Some of the key manufacturers and suppliers of reusable tumblers market are JOCO, Biome Living Pty Ltd, Nirmal Industries etc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

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Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Global reusable tumblers market: segmentation

The global reusable tumblers market is segmented on the basis of material type and by end use.