Insulated drinkware, or double-walled cups, are general cups that has outer and inner walls to maintain temperatures of drinkables. The inner wall of insulated cups is generally made up of stainless steel whereas the outer wall can be made up of plastic, stainless steel or any other types of materials that have been used for surfacing since last few years. Sometimes, glass, ceramics or plastics can be used as interiors for insulated cups. Apart from these materials, various other materials are used for the manufacturing of insulated cups including styrofoam, paper, and acrylic. These alternatives are predominantly suitable for those with a sharp palate who do not like the taste when drinking from metal, especially with some kinds of beverages. Insulated cups are gaining ground gradually with the increasing food service restaurants and cafés.
Market Analysis and Insights: Global Insulated Drinkware Market
Due to the COVID-19 pandemic, the global Insulated Drinkware market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Stainless Steel accounting for % of the Insulated Drinkware global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Specialty Stores segment is altered to an % CAGR throughout this forecast period.
China Insulated Drinkware market size is valued at US$ million in 2021, while the US and Europe Insulated Drinkware are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Insulated Drinkware landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Insulated Drinkware include BRITA GmBH, CAMELBAK PRODUCTS, Klean Kanteen, Contigo, AQUASANA, S’Well Corporation, O2COOL, Dopper and Cool Gear. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
Global Insulated Drinkware Scope and Segment
Insulated Drinkware market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Insulated Drinkware market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Stainless Steel
Plastic Insulated
Segment by Application
Specialty Stores
Supermarkets and Hypermarkets
Convenience Stores
Online
Others
By Company
BRITA GmBH
CAMELBAK PRODUCTS
Klean Kanteen
Contigo
AQUASANA
S’Well Corporation
O2COOL
Dopper
Cool Gear
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE