What is Levitating Cups?
Levitating cups use various levitating technologies to rise or float cups in the air. It is highly used in developed countries for serving whiskey and beers and enhancing the drinking experience. Levitating cups are made from ultra-lightweight yet durable faux-glass that can handle the weight of beverages and float properly. It comes with either wired or wireless, the wired base needs to be plugged into a power outlet while wireless works on the chargeable battery.
The market study is broken down by Type (Cocktail Cup, Whiskey Cup, Beer Cup, Coffee Cup and Dessert Cup), by Application (Household and Commercial) and major geographies with country level break-up.
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market in the near future. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Levitating X (United States), COGIDEA (China), Coffee Colorato (Germany), Box & Accent () and PDA Technology CO., LTD. (China) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Levitating Cups market by Type, Application and Region.
On the basis of geography, the market of Levitating Cups has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Levitation Type, the sub-segment i.e. Magnetic levitation will boost the Levitating Cups market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Levitating Cups market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Cup Base, the sub-segment i.e. Wired will boost the Levitating Cups market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Emerging Trend of Wireless Levitating Cups Worldwide
Market Drivers
- Surging Demand for Luxurious, Shatterproof, and Unique Glassware for Hot or Cold Drinks and Beverages
- Change in Lifestyle and Increasing Disposable Income and Purchasing Power of Global Population
Opportunities
- Growing Adoption of Levitating Glassware in the Bars and Restaurants to Create Unique Drinking Experience
Restraints
- High Cost of Raw Materials and Manufacturing of Levitating Cups
Challenges
- Electrostatic Levitation Cup Cannot be used in the Vacuum Environments as It Requires Accurate Finishing Of The Air Nozzles
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Levitating Cups Manufacturers, Suppliers and Distributors of Levitating Cups, Raw Material Manufacturers and Suppliers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.