Travel Mug Market
Travel Mug Market Global Industry Assessment & Forecast
Segments Covered
- By Product type Stainless Steel Travel Mug, Ceramic Travel Mug, Plastic Travel Mug, Other
- By End User Online, Offline
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 12.3 Billion |
Revenue 2028: | 24.69 Billion |
Revenue CAGR (2021 - 2028): | 9.1 |
Fastest Growing Region (2022 - 2028) | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Product type
Analysis: Preview On the basis of Product type,
the market is segmented into Stainless Steel Travel Mug, Ceramic Travel Mug, Plastic Travel Mug, Other. Stainless Steel Travel Mug held the highest
share in the global Travel Mug
market and is projected to witness the same trend during the forecast
period. Companies in this
sector are opting to advanced technologies in their supply chain to cater the
end user requirements effectively. End User
Analysis: Preview
Based on End User,
the market is segmented into Online, Offline. Online accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028.
Global Travel Mug Market: Product type Segment Analysis
-
- Stainless Steel Travel Mug
- Ceramic Travel Mug
- Plastic Travel Mug
- Other
Global Travel Mug Market: End User Segment Analysis
-
- Online
- Offline
FAQ
Frequently Asked Question
What is the global demand for Travel Mug in terms of revenue?
-
The global Travel Mug valued at 12.3 Billion in 2020 and is expected to reach 24.69 Billion in 2028 growing at a CAGR of 9.1%.
Which are the prominent players in the market?
-
The prominent players in the market are Keurig, Disney, Cake Boss, Ignite, Hydro Flask, Caribou Coffee, Ninja, YETI, Bonjour, bobble, Swell Bottle, RTIC, Contigo, Klean Kanteen, DeLonghi, Ello Products, Zojirushi, Thermos, Aladdin PMI, Primula..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 9.1% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Travel Mug include
- The rapid urbanization across the globe along with changing food habits of the people are some of the major as well as vital factors which will likely to augment the growth of the mug market.
- Advanced technological development and innovations is expected to augment the growth of the market in the years to come.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Travel Mug in 2020.