Tumblers Market Scope
A flat bottomed liquid container specifically made up of glass or plastic is known as tumbler. They are broadly favored by the consumers due to the available benefits and advantages over the conventional cups. These containers eliminate the possibility of liquid spillage. Recently, sue to restrictions on plastic manufacturing plants, changing lifestyles the glass or fiber tumblers will be in demand for the forecasting period. The tumblers can be available in different shapes and sizes and can be used for numerous applications.
The market study is being classified by Type (Steel Tumblers, Plastic Tumblers and Glass Tumblers) and major geographies with country level break-up. According to AMA, the Global Tumblers market is expected to see growth rate of 6.7%
For the Global Tumbler Market, number of tumbler manufacturers are available across the globe. Also, the minimum initial investments for the business will maximize the threat of substitutes, thus, the overall tumbler market will be concentrated. Moreover, due to availability of local as well as international players in the market will make the manufacturers adapt product development strategies to gain a competitive edge. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Tumblers market throughout the predicted period.
Yeti Coolers, LLC. (United States), Tupperware Brands Corporation (United States), Thermos L.L.C. (United States), Pelican Products, Inc.(United States), LocknLock Co., Ltd. (South Korea), Klean Kanteen, Inc. (United States), Hydro Flask (United States), Evans Manufacturing, Inc. (United States), Ee-Lian Enterprise (M) Sdn. Bhd. (Malaysia) and Cool Gear International, LLC. (Igloo) (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are CamelBak Products, LLC (United States), Bubba Brands, Inc (United States), Can't Live Without It, LLC (S'well Bottle) (United States), O2cool, LLC (United States), Starbucks Corporation (United States), Tervis Tumbler Company (United States), Capitol Cups Inc. (United States), Bormioli Rocco SpA (Italy) and Fratelli Guzzini spa (Italy).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Tumblers market by Type, Application and Region.
On the basis of geography, the market of Tumblers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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).
On November 27th, 2018, UniMac, which is one of the bigger sources of Heavy Duty Industrial Laundry solutions has recently appointed Dynamic Sales and Service Distribution network in the Pacific Northwest Region.
Market Trend
- Introduction to Reusable Tumblers
- Use of Disposable Tumblers in consuming Juices and Protein Shakes
Market Drivers
- Up Surging Food and Beverage Industry
- Increasing Adoption in Express Service Restaurants such as McDonald’s
Opportunities
- Restriction on Use of Plastic Containers
- Increasing Disposable Incomes across the Globe
Restraints
- Threat of Substitutes
- Tumblers are costlier than other plastic containers
Challenges
- Reusable Tumblers can only be used up to 10 to 15 Times
- Incompatible to Wash with Dish Washers
Key Target Audience
Tumbler Manufacturers, Tumbler Distributors and Traders, Upstream and Downstream Buyers for Tumblers, Private Associations and Organizations and Others
Customization available in this Study:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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