Newly released data from market analysis indicates a significant surge in global demand for insulated tumblers, with a forecasted value compound annual growth rate (CAGR) of approximately 5.5% from 2021 to 2031. By 2031, the market is projected to reach millions of units, fueled by emerging trends and consumer preferences.
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Market Outlook
Insulated tumblers, crafted from high-quality food-grade stainless steel, offer durability and reliability. Featuring an electro-polished interior to maintain purity and a spill-proof lid with a removable rubber gasket, these tumblers are designed for convenience and safety. The vacuum double-wall design ensures exceptional insulation, keeping beverages cold for up to 24 hours and hot for over six hours.
With a wide mouth opening for easy access and a surface base conducive to effortless cleaning, insulated tumblers are an ideal choice for consumers seeking flexible and convenient packaging solutions. The double powder coating provides additional grip, making them easy to hold and carry. Their attractive design and portability make them visually appealing and suitable for various occasions.
Key Market Drivers
- Outdoor Activities and Travel: Insulated tumblers are highly favored for outdoor activities such as camping, hiking, and biking, as well as for travel purposes due to their portability and convenience.
- Quick-Service Restaurants and Cafes: The growing prevalence of quick-service restaurants and cafes has led to increased demand for insulated tumblers, as they effectively retain the temperature of beverages for extended periods, catering to busy lifestyles and on-the-go consumption.
Key Trend Driving Sales
The key trend driving sales of insulated tumblers is the demand for customized printing. Customized printing allows companies to showcase their logos and messages prominently, enhancing brand visibility and marketing potential. Additionally, personalized insulated tumblers have become popular gifts for birthdays, anniversaries, and special occasions due to their functionality and aesthetic appeal.
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Key Segments of Insulated Tumblers Market Covered in the Report
Based on Material:
- Stainless Steel
- Plastic
- Glass
Based on Capacity:
- Up to 250 ml
- 250 – 750 ml
- Above 750 ml
Based on Temperature Resistance:
- Hot Beverages
- Cold Beverages
Based on the Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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