What is Tumblers?
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.
|Unit||Value (USD Billion)|
|Key Companies Profiled||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)|
The study covers a detailed analysis segmented by key business segments i.e. by type (Steel Tumblers, Plastic Tumblers and Glass Tumblers) and major geographies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Tumblers market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Tumblers market analysis report suggests strategies Vendors can follow and recommends key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are 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).
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.
Introduction to Reusable Tumblers and Use of Disposable Tumblers in consuming Juices and Protein Shakes
- Threat of Substitutes
- Tumblers are costlier than other plastic containers
Restriction on Use of Plastic Containers and Increasing Disposable Incomes across the Globe
Key highlights of the Global Tumblers market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Tumblers market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Tumblers market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Tumblers Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Tumblers market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Tumblers market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Tumbler Manufacturers, Tumbler Distributors and Traders, Upstream and Downstream Buyers for Tumblers, Private Associations and Organizations and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.