Drinkware Market Size by Product (Bottles {[Water bottles, Tumblers, Shakers, Infusers], By Material [Polymer, Metal, Glass, Silicone], By Usage [Everyday, Sports, Travel], By Distribution channel [Super Market, Independent Stores, E-Commerce]}, Mugs & Cups {Material [Polymer, Metal, Glass, Silicone, Ceramic], By Usage [Domestic, Commercial] By Distribution channel [Super Market, Independent Stores, E-Commerce]}), Industry Analysis Report, Regional Outlook, Application Potential, Price Trend, Competitive Market, 2021-2027

Industry Overview

Global drinkware market size was over USD 25,890 million in 2020 and is estimated to grow over 5% CAGR between 2021 and 2027 owing to significant product demand from the hospitality and foodservice industry along with increasing beverage consumption.
 

Drinkware is a type of vessel used to drink beverages such as water, juices, liquor, beer, tea, coffee, wine, and other beverages. Drinkware is available in a wide variety of shapes and sizes. A bottle is a type of container used to store and transport liquids/beverages such as water, beer, wine, milk, medicine, soft drinks, and other beverages. Increasing consumer inclination towards convenient and easy to handle drinkware products will increase sector revenue. These products are used for storing beverages and waters during camping and travelling. Bottles, tumblers, mugs, and infusers are used for travelling and professional purposes.
 

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Key players operating in the market are also launching new products, especially those are made of eco-friendly products. These listed factors are uplifting the drinkware market sales across the globe. Industry players are continuously investing in research and development activities and monitoring its product offering to exhilarate ever rising demand of consumers.

Increasing demand for bottles owing to their convenience to carry & store liquid beverages will drive the business growth

Bottles market was valued at USD 6,279.1 million in 2020 and is anticipated to witness a CAGR of 4.7% between 2021 & 2027. Bottles are containers available in a variety of colors & shapes, offering the convenience of storing and transporting liquid products including juices, milk, and shakes. Water bottles, tumblers, infusers, and shakers are different bottle types, which have increased the market demand owing to its various applications. Water bottles accounted for a largest market share and was valued at USD 3,451.8 million in 2020. Surge in demand for sports activities along with shifting consumers awareness towards healthy lifestyles will also fuel the global drinkware market revenue.
 

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Tumblers accounted for a significant share in the market valued at USD 1,802.7 million in 2020. Tumblers are used to serve drinks, such as smoothies, ice-tea, lemonade, and cocktails, owing to its enlarged size for serving chilled beverages. Increasing demand for drinkware with lid is anticipated to boost demand for tumblers, accelerating the drinkware market growth. A rise in the number of health-conscious individuals is anticipated to boost demand for infusers.
 

In 2020, bottles market from sports application was valued at USD 1,246.9 million and is forecast to grow at a CAGR of 5.1% during the forecast period owing to increasing demand for bottles from sports, gyms, and other outdoor activities. Along with the increasing travel & tourism activities will also augment the drinkware market share. The bottles demand from travel application is expected to witness fastest CAGR of 5.4% during the forecast period.
 

Increasing consumer demand for eco-friendly, durable, safe, and easy-to-clean drinkware will boost the metal bottle demand

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Global bottle market is bifurcated based on material as polymers, metal, glass, silicone, and others. Metal bottle market was valued at over USD 2,135 million in 2020 and is estimated to grow with a CAGR of 4.1% during the forecast period. The increasing consumer demand for eco-friendly, durable, safe, and easy-to-clean drinkware will boost the metal bottle demand. Stainless steel shakers are eco-friendly, durable, dishwasher-safe, maintains temperature of the drinks, and do not absorb the taste of drinks, stimulating the product demand and boosting the overall drinkware market value.
 

Polymer bottlers business was valued at USD 3,251.8 million in 2020 and is estimated to grow with a CAGR of 5.4% during the forecast period. Plastic bottles have a wide demand owing to their benefits of lightness, ease of transportation, lower cost, and requirement for lesser energy in the manufacturing process than glass. The rising consumer demand for easy to carry and lightweight bottles should boost the polymer bottles demand.
 

Plastic tumblers are economical, safe, lightweight, and ideal drinking bottles for travel. Glass tumblers have increased demand owing to their uses in serving attractive ice-tea, smoothies, and shakes, stimulating drinkware market outlook. Increasing individual participation in outdoor activities should boost the demand for drinkware with lid and straw, such as tumblers.
 

Changing consumer lifestyles and shift in consumption patterns regarding the importance of drinking hot beverages will boost market

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North America drinkware market was valued at over USD 7,215 million in 2020 and is anticipated to register a CAGR of 4.4% during the forecast period. The market growth in the region is attributed to changing consumer lifestyles and shift in consumption patterns. Moreover, increasing health consciousness in North America is likely to drive consumer attention toward the consumption of healthy beverages, such as energy drinks and protein shakes, after sports activities and intense workouts.
 

Strategies such as mergers, acquisitions, and partnerships are adopted by market to strengthen the drinkware market presence

Key players operating in the drinkware industry include Soulbottles, Camel Bak, Pacific Market International, Contigo, Dopper, Amcor Limited, Mizu, Genuine Thermos, Bormioli Rocco, Hydro Flask, Swell, Klean Kanteen, Nomader, Lifefactory, , Vapur, Nalgene. The global market is highly fragmented with the presence of a large number of small and medium sized players in the market.
 

In March 2020, Pasabahce launched a new range of products including Napa goblets, Veneto collection of five different glassware, Elysia collection, Highness, Timeless and Amber collection, Miss tea glasses and Estrella, among others at the Ambiente houseware fair in Messe Frankfurt. This new product launch would enable the company to expand its already existing portfolio of drinkware products and increase sales of the company.
 

In March 2020, Steelite International acquired William Edwards Limited, a company engaged in manufacturing fine bone china tableware collections. This strategic acquisition would enable the company to expand its existing product offerings and further strengthen its position in the global market.
 

The global drinkware market report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Mn units & revenue in USD Million from 2016 to 2027 for the following segments

By Product

• Bottles
  • Type
    • Water Bottles
    • Tumblers
    • Shakers
    • Infusers
  • Material
    • Polymer
    • Metal
    • Glass
    • Silicone
    • Others
  • Usage
    • Everyday
    • Sports
    • Travel
  • Distribution channel
    • Super Market
    • Independent Store
    • E-Commerce
    • Others
• Mugs & Cups
  • Material
    • Polymer
    • Metal
    • Glass
    • Silicone
    • Ceramics
    • Others
  • Usage
    • Domestic
    • Commercial
  • Distribution channel
    • Super Market
    • Independent Store
    • E-Commerce
    • Others

By Region

• North America
  • U.S
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Poland
  • Netherlands
  • Sweden
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Malaysia
  • Indonesia
  • Thailand
• Latin America
  • Brazil
• Middle East and Africa
  • Saudi Arabia
  • UAE
  • South Africa