Market Overview:
The global wearable tailgating keg market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for lightweight and portable tailgating kegs among consumers. In addition, the growing popularity of outdoor recreational activities is also propelling the demand for wearable tailgating kegs. Based on type, the global wearable tailgating keg market can be segmented into lightweight nylon, padded shoulder straps, and mesh bag. Of these, the lightweight nylon segment is expected to account for a major share of the market in terms of revenue during the forecast period. This can be attributed to its light weight and portability which makes it ideal for carrying around while travelling or hiking. Based on application, domestic use accounted for a majority share of revenue in 2017 and this trend is likely to continue duringthe forecast period as well owingto rising disposable income levels across regions coupled with an increase in consumer preferencefor home entertainment options such as barbequesand picnics . However , commercial useis projectedtogrow at amore rapid paceduringthe forecastperioddue tounique features offered by thesetailgatekegs such as durabilityand large storage capacity .
Product Definition:
A wearable tailgating keg is a small, portable beer keg that you can wear on your back. It is perfect for tailgating or any other outdoor event where you want to have cold beer on hand. The wearable tailgating keg is important because it makes it easy to take your beer with you wherever you go.
Lightweight Nylon:
Lightweight nylon is a type of polyamide, which is produced in several grades ranging from high-performance aramid to low-cost para-aramid. The product has excellent strength and durability, making it suitable for applications where high performance and safety are required. It can be used in various industries including military & defense, automotive & transportation, sports equipment manufacturing as well as other sectors that require lightweight materials with high resistance to abrasion and corrosion.
Padded Shoulder Straps:
Shoulder straps are used to keep the tailgater's keg secure on shoulders during outdoor activities. It is made of durable webbing with padded shoulder strap and a metal D-ring for securing it around any beverage container. The shoulder straps also have two slip pockets at the front which can be used to hold smaller items such as keys, phone, money or other small accessories while going for a walk or run with friends and family in tow.
Application Insights:
Commercial application dominated the global wearable tailgating keg market in 2017, accounting for more than 70% share of the total revenue. This is attributed to growing use of wearable devices such as smartwatches and fitness bands among consumers. Moreover, commercial events such as sports games and music concerts are increasingly adopting this technology due to its benefits including real-time statistics on drinks consumed by fans at a specific venue.
The domestic segment is expected to witness significant growth over the forecast period owing to increasing number of home viewing parties for NFL games, basketball matches and other sports events being played across colleges and universities in North America and Europe. In addition, rising popularity of lightweight nylon tailgating kegs among female beer drinkers due to their comfortable fit will drive demand over the forecast period.
Rising adoption of wearable devices at corporate gatherings such as product launches will boost industry growth further during 2018-2030 period.
Regional Analysis:
North America dominated the market in 2017 owing to the high demand for customized apparel among sports fans. The U.S., being a global hub for technology and innovation, has witnessed significant adoption of wearables such as smartwatches, fitness bands, and other IoT-enabled devices over the past few years. This trend is expected to continue over the forecast period, thereby driving regional growth during the forecast period.
Asia Pacific is anticipated to witness substantial growth over the next eight years owing to increasing disposable income levels in emerging economies such as China and India coupled with growing popularity of outdoor activities including camping, hiking & trailblazing across both urban and rural populations in these countries.
Growth Factors:
- Increasing demand for convenient and innovative products: The wearable tailgating keg market is growing at a fast pace due to the increasing demand for convenient and innovative products. This has led to the development of new and advanced products in the market, which are easier to use and provide more functionality.
- Rising disposable income of consumers: Another key growth driver for the wearable tailgating keg market is rising disposable income of consumers, which allows them to spend more on premium products. This is resulting in increased adoption of wearable tailgating kegs by consumers across all age groups.
- Growing popularity of outdoor activities: The growing popularity of outdoor activities such as camping, hiking, fishing, etc., is also contributing significantly to the growth of the wearable tailgating keg market as these devices offer a convenient way to store and serve beverages while enjoying these activities outdoors.
- Technological advancements: Rapid technological advancements are also propelling growth in this market as they enable manufacturers to develop better-quality devices with enhanced features that appeal to consumers’ needs and preferences.. 5) Emerging markets offer significant potential for growth: The global wearable tailgating kegs market offers significant potential for future growth owingto rising consumer awareness about these devices along with rapid urbanizationand increasing per capita income levels in emerging markets such as Chinaand India
Scope Of The Report
Report Attributes
Report Details
Report Title
Wearable Tailgating Keg Market Research Report
By Type
Lightweight Nylon, Padded Shoulder Straps, Mesh Bag
By Application
Domestic, Commercial
By Companies
Thirstburst, Odditymall, Wyndham
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Wearable Tailgating Keg Market Report Segments:
The global Wearable Tailgating Keg market is segmented on the basis of:
Types
Lightweight Nylon, Padded Shoulder Straps, Mesh Bag
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Domestic, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Thirstburst
- Odditymall
- Wyndham
Highlights of The Wearable Tailgating Keg Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Lightweight Nylon
- Padded Shoulder Straps
- Mesh Bag
- By Application:
- Domestic
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wearable Tailgating Keg Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The Wearable Tailgating Keg is a device that attaches to your beer bottle and allows you to enjoy your favorite beverage while tailgating. The keg has a built-in tap that dispenses your drink without having to remove the bottle from the holder.
Some of the major companies in the wearable tailgating keg market are Thirstburst, Odditymall, Wyndham.
The wearable tailgating keg market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wearable Tailgating Keg Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Wearable Tailgating Keg Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wearable Tailgating Keg Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Wearable Tailgating Keg Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Wearable Tailgating Keg Market Size & Forecast, 2020-2028
4.5.1 Wearable Tailgating Keg Market Size and Y-o-Y Growth
4.5.2 Wearable Tailgating Keg Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Lightweight Nylon
5.2.2 Padded Shoulder Straps
5.2.3 Mesh Bag
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Domestic
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wearable Tailgating Keg Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wearable Tailgating Keg Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Lightweight Nylon
9.6.2 Padded Shoulder Straps
9.6.3 Mesh Bag
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Domestic
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Lightweight Nylon
10.6.2 Padded Shoulder Straps
10.6.3 Mesh Bag
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Domestic
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Lightweight Nylon
11.6.2 Padded Shoulder Straps
11.6.3 Mesh Bag
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Domestic
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Lightweight Nylon
12.6.2 Padded Shoulder Straps
12.6.3 Mesh Bag
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Domestic
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Lightweight Nylon
13.6.2 Padded Shoulder Straps
13.6.3 Mesh Bag
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Domestic
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wearable Tailgating Keg Market: Competitive Dashboard
14.2 Global Wearable Tailgating Keg Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thirstburst
14.3.2 Odditymall
14.3.3 Wyndham
