Drinkware Market Size

Drinkware Market Size

Drinkware Market size was worth more than USD 28 billion in 2022 and is anticipated to expand at over 6% CAGR from 2023-2032. Rising demand for eco-friendly and sustainable drinkware is expected to complement the industry expansion.

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Ongoing expansion of the food and beverage sector along with proliferating food delivery businesses showcase lucrative scope for drinkware manufacturers. Drinkware, also known as beverageware, consists of a wide variety of products used to store water, coffee, alcohol, and other non-alcoholic beverages. A substantial rise in the number of restaurants, food outlets, online food delivery platforms, and e-commerce sites has accelerated the need for drinkware products. Increasing demand for glassware with modern designs for luxury dining will positively influence the drinkware industry statistics.

Growing health concerns over lead poisoning and stringent regulations banning the use of lead paint could hamper industry growth. Lead and cadmium are commonly used in ceramics and glazed pottery to add luster and bright colors to cups and mugs. This increases the risk of consumption of the two heavy metals while consuming beverages from these cups. Cup and glass makers typically add lead or cadmium to low-quality glass products for better manufacturing output. However, studies have shown that prolonged consumption of beverages from enameled drinkware can lead to hazardous and toxic impacts on health.