About 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.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Billion) |
CAGR | 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. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Tumblers market throughout the forecasted 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.
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 that are part of study coverage. Additionally, the Vendors which are also part of the research coverage 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
AMA Research has segmented the market of Global Tumblers market by Type (Steel Tumblers, Plastic Tumblers and Glass Tumblers) 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). If we see Market by Capacity, the sub-segment i.e. Up to 12 oz will boost the Tumblers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Hyper/Super Market will boost the Tumblers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Introduction to Reusable Tumblers and Use of Disposable Tumblers in consuming Juices and Protein Shakes
Market Growth Drivers:
Up Surging Food and Beverage Industry and Increasing Adoption in Express Service Restaurants such as McDonald’s
Challenges:
Reusable Tumblers can only be used up to 10 to 15 Times and Incompatible to Wash with Dish Washers
Restraints:
Threat of Substitutes and Tumblers are costlier than other plastic containers
Opportunities:
Restriction on Use of Plastic Containers and Increasing Disposable Incomes across the Globe
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.
Key Target Audience
Tumbler Manufacturers, Tumbler Distributors and Traders, Upstream and Downstream Buyers for Tumblers, Private Associations and Organizations 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 a 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 the purpose to understand the companies positioning regarding the 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 a 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, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.