What is DrinkwareMarket?
Drinkware is containers used to hold beverages or liquid foods for drinking or consumption. This drinkware is made of various materials such as glass, plastic, ceramic, etc. Usually, this drinkware is used to hold water, fruit juices, and alcohol. This drinkware comes in various designs and shapes such as cocktails, highballs, shots, beer mugs, coffee mugs, teacups, collins, and so on. The use of glass-based drinkware has rapidly increased in developed as well as developing countries. As per a survey, ~20% of respondents said they usually spend up to USD 6 on a glass of wine. The improving lifestyle and spending capacity of people are driving the market growth.
Drinkware Market Report Coverage
Report Coverage | Details |
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Study Timeframe | 2018 to 2028 |
Base Year | 2022 |
Growth Drivers | - Growing Consumption Of Non-Alcoholic Beverages
- Growing Number Of Health Clubs And Fitness Centers
- Increasing Disposable Income of People Coupled With Rapid Urbanization
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Challenges & Pitfalls | - Highly Competitive Environment
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Opportunities
Demand For Various Colors in Drinkware and Rapid Growth In The Hospitality Industry
Restraints
- Increasing Use Of Flexible Food & Beverage Packaging
The Vendors Covered in the Study are:
Arc International (France), AnHui DeLi Glassware (China), Libbey Inc. (United States), Pasabache (Turkey), Bormioli Rocco (Italy), The Oneida Group (United States), Steelite International (United Kingdom), Ocean Glass (Thailand), Contigo (United States), Amcor Limited (Switzerland) and Pacific Market International (United States)
Available Customization:
A list of players that can be included in the study on an immediate basis are Mizu (United States), Hydro Flask (United States), Lifefactory, Inc. (United States) and CamelBak Products, LLC (United States).
Market Development Activities
In November 2020,Libbey Inc., one of the world's largest glass tableware manufacturers, today announced that it has successfully completed its financial restructuring and emerged from Chapter.
In June 2023, Auteur has launched two new consumer drinkware brands, launching at Exclusively Housewares Exhibition on June 13th (stand EH265) – VIVA Scandinavia tea and coffee accessories, and Liiton glassware with its patented Chill-Charge System™ cooling technology.