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    Drinkware Market | Covid-19 Impact Analysis

    Drinkware Market | Covid-19 Impact Analysis

    Drinkware Market | Covid-19 Impact Analysis
    Report code - SRCG150 Delivery - 2 Weeks
    Drinkware Market Size, Share, Trend, Forecast, & Industry Analysis 
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    Impact of COVID-19 on Drinkware Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Drinkware Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Drinkware Market Insights

    Drinkware market is likely to witness a CAGR of 5.2% during the forecast period. The prime factors that are driving the drinkware market is increasing preference of consumers towards easy to handle and carry drinkware products.

    Drinkware Market - Snapshot

    Growth

    5.2% for the next five years

    Major Product Type

    Bottles

    Dominant Application Type

    Commercial

    Region with the highest demand

    Asia-Pacific

    Key Players

    Thermos LLC, AMCOR, Mizu, Pacific Market International, Bormioli Rocco, Hydro Flask, S’well, Klean Kanteen, Hamilton Housewares Pvt. Ltd, Nomader, CamelBak, and Dopper.  

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    Market Share Analysis

    Drinkware Market Analysis

    Drinkware Market Share: By Product Type

    Based on the product type, the market is segmented as bottles and mugs & cups. The bottles segment dominated the market in 2019 and is expected to maintain its position during the forecast period. Increasing demand for bottled water from athletes and household consumers is the major factor driving the growth of bottle segment.

    Drinkware Market Share: By Application Type

    Based on the application type, the drinkware market is segmented as domestic and commercial application. Commercial application is expected to remain the larger application segment of the market owing to its widespread usage by commercial and sports persons. Further, rising demand from restaurants, cafes, and fast food chains are acting as a catalyst towards the growth of the market.

    Drinkware Market Share: By Material Type

    Based on the material type, the drinkware market is segmented as polymer, metal, glass, silicone, and ceramic. The polymer segment dominated the market owing to its low cost and ease of handling features. However, rising concern towards plastic waste and its recyclability are the major factors which may hamper the growth of the segment.

    Drinkware Market Share: By Region

    In terms of regions, Asia-Pacific is estimated to be the largest market for drinkware during the forecast period. China, Japan, South Korea, Taiwan, Australia, and India are the largest consumer of drinkware in the region. Surge in sports activities, increasing disposable income of consumers, surge in women participation as working group, and stringent regulation towards reducing plastic waste are the major factors driving the growth of Asia-Pacific region. North America and Europe are also expected to witness a healthy demand for drinkware products during the forecast period.

    Drinkware Market Forecast

    Some of the major players in drinkware market are-

    • Thermos LLC
    • AMCOR
    • Mizu
    • Pacific Market International
    • Bormioli Rocco
    • Hydro Flask
    • S’well
    • Klean Kanteen
    • Hamilton Housewares Pvt. Ltd
    • Nomader
    • CamelBak
    • Dopper  

     

    Market Scope & Segmentation

    Drinkware are products utilized for consuming beverages and water. These products are manufactured from materials such as polymers, metals, glass, ceramic, and silicone. Drinkware products can be majorly categorized as bottles and mugs & cups. These products are available through supermarket, independent stores, and e-commerce.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Drinkware Market Research Report - Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The drinkware market is segmented into the following categories. 

    Drinkware Market Size, Share, & Forecast, by Product Type:

    • Bottles
      • Regional Analysis: North America, Europe, Asia-Pacific, and RoW
      • Product Type Analysis: Water Bottles, Tumblers, Shakers, and Infusers
    • Mugs & Cups (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Drinkware Market Size, Share, & Forecast, by Material Type:

    • Polymer (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Metal (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Glass (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Silicone (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Ceramic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Drinkware Market Size, Share, & Forecast, by Application Type:

    • Domestic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Commercial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Drinkware Market Size, Share, & Forecast, by Distribution Channel Type:

    • Supermarket (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Independent Stores (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • E-Commerce (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Drinkware Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Drinkware Market Analysis

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the material types by application type.

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Drinkware Market in the foreseeable future?

    The drinkware market is expected to witness an impressive growth of 5.2% CAGR in the foreseeable future.

    Which region is expected to be the largest Drinkware Market?

    Asia-Pacific is estimated to be the largest market for drinkware during the next five years.

    Who are the key players in the Drinkware Market?

    Thermos LLC, AMCOR, Mizu, Pacific Market International, Bormioli Rocco, Hydro Flask, Swell, Klean Kanteen, Hamilton Housewares Pvt. Ltd, Nomader, CamelBak, and Dopper are among the key players in the drinkware market.

    Which application type is expected to remain the largest segment in the market?

    Commercial application is expected to remain the larger application segment in the drinkware market in the coming years.

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