Market Overview:
The global insulated stainless steel mugs market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The increasing demand for coffee and other hot beverages is one of the major factors driving the growth of this market. Stainless steel mugs are preferred over traditional cups and glasses as they keep beverages warm for a longer time, thus providing convenience to users. In addition, these mugs are easy to clean and maintain, which makes them popular among consumers. Based on type, the global insulated stainless steel mug market can be segmented into with handle and without handle segments. The with-handle segment is expected to account for a larger share of the market in 2018 owing to its convenience factor. However, the without-handle segment is projected to grow at a higher CAGR during the forecast period due its growing popularity among millennials who prefer trendy products. On basis of application, home usage accounts for majority share in terms of volume consumption followed by office usage in 2018; however, espresso/coffee shops are projected witness highest growth rate during forecast period owing rising trend towards specialty coffee shops across globe . Bars & restaurants will also register healthy growth rates due increase in number people preferring drinking alcohol outside home . Other applications such as travel & outdoor etc also hold considerable potential which will fuel overall sales over next few years .
Product Definition:
Insulated stainless steel mugs are a type of mug that is made out of stainless steel and is insulated. This means that it has a layer of insulation between the two pieces of metal, which helps to keep your drink warm or cold for longer. They can be used for both hot and cold drinks, and are popular among people who love to take their coffee with them on the go.
With Handle:
With handle, it’s a term used for the insulated stainless steel mugs that come with either one or two handles. The growth factor in this market is due to its utility and demand from consumers. With handle stainless steel drinkware product has become an essential part of offices, households and colleges as it helps in keeping the beverage warm for a longer period of time. It also helps in keeping the hands cool while holding hot beverages such as coffee or tea.
Without Handle:
The Without handle is a type of mugs that has no grip or stem attached to the cup. It's main advantage is to allow the drinker to hold the cup with both hands and use only one hand for holding onto children, pets or clothing for balance.
Insulated stainless steel without handle mugs are perfect for drinking hot and cold beverages such as coffee, tea, soup etc.
Application Insights:
The home application segment led the global insulated stainless steel mug market and accounted for more than 54.0% share of the total revenue in 2017. The growing demand for coffee, tea and other hot drinks at home has driven consumers to opt for insulated products, which, in turn, is expected to drive the growth of this application segment over the forecast period.
Insulated stainless steel mugs are widely used at offices as well as espresso/coffee shops due to their ability to keep beverages piping hot or cold for a longer period of time. These products are preferred by many office workers owing to their lightweight nature; these factors are anticipated to further propel its demand from various commercial applications including offices and espresso/coffee shops over the forecast period.
The others application segment includes retail stores, restaurants.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period owing to increasing per capita income, changing lifestyles, and rising demand for premium products. Europe accounted for a significant share of revenue in 2017 as a result of high product penetration due to rapid urbanization and growing tourism industry.
North America is projected to grow at an exponential rate over the forecast period owing to increasing popularity of coffee shops across U.S., Canada, and Mexico on account of rising consumer awareness regarding healthy beverages along with trendsetting fashion statements made by baristas using various types of premium mugs including stainless steel ones with handles. ‰â€˜”©â€™ ‘”‹ ‘- - - - - '-'-'-'-`'-,.-.-.'-,.-.'-,.
Growth Factors:
- Increasing demand for insulated stainless steel mugs from the food and beverage industry as a result of their thermal insulation properties.
- Rising popularity of single-serve coffee pods, which are typically brewed in an insulated stainless steel mug.
- Growing demand for promotional products, as companies look to increase brand awareness and customer loyalty through branded merchandise.
- Increasing use of insulated stainless steel mugs in outdoor activities, such as camping and hiking, due to their durability and insulation properties.
- Advances in mug design that make them more user-friendly and attractive to consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Insulated Stainless Steel Mugs Market Research Report
By Type
With Handle, Without Handle
By Application
Home, Office, Espresso/Coffee Shops, Bars, Others
By Companies
Buyneed, Ozark Trail, Chaser, Thermos, Fuguang, Bubba, Brimma, Corkcicle, Starbucks, Haers
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Insulated Stainless Steel Mugs Market Report Segments:
The global Insulated Stainless Steel Mugs market is segmented on the basis of:
Types
With Handle, Without Handle
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
Home, Office, Espresso/Coffee Shops, Bars, Others
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:
- Buyneed
- Ozark Trail
- Chaser
- Thermos
- Fuguang
- Bubba
- Brimma
- Corkcicle
- Starbucks
- Haers
Highlights of The Insulated Stainless Steel Mugs 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:
- With Handle
- Without Handle
- By Application:
- Home
- Office
- Espresso/Coffee Shops
- Bars
- Others
- 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 Insulated Stainless Steel Mugs 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?
Insulated stainless steel mugs are made of a special type of stainless steel that is designed to keep your drink warm or cold for a long time.
Some of the key players operating in the insulated stainless steel mugs market are Buyneed, Ozark Trail, Chaser, Thermos, Fuguang, Bubba, Brimma, Corkcicle, Starbucks, Haers.
The insulated stainless steel mugs market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Insulated Stainless Steel Mugs Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Insulated Stainless Steel Mugs Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Insulated Stainless Steel Mugs Market - Supply Chain
4.5. Global Insulated Stainless Steel Mugs Market Forecast
4.5.1. Insulated Stainless Steel Mugs Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Insulated Stainless Steel Mugs Market Size (000 Units) and Y-o-Y Growth
4.5.3. Insulated Stainless Steel Mugs Market Absolute $ Opportunity
5. Global Insulated Stainless Steel Mugs Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Insulated Stainless Steel Mugs Market Size and Volume Forecast by Type
5.3.1. With Handle
5.3.2. Without Handle
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Insulated Stainless Steel Mugs Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Insulated Stainless Steel Mugs Market Size and Volume Forecast by Application
6.3.1. Home
6.3.2. Office
6.3.3. Espresso/Coffee Shops
6.3.4. Bars
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Insulated Stainless Steel Mugs Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Insulated Stainless Steel Mugs Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Insulated Stainless Steel Mugs Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Insulated Stainless Steel Mugs Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Insulated Stainless Steel Mugs Demand Share Forecast, 2019-2026
9. North America Insulated Stainless Steel Mugs Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Insulated Stainless Steel Mugs Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Insulated Stainless Steel Mugs Market Size and Volume Forecast by Application
9.4.1. Home
9.4.2. Office
9.4.3. Espresso/Coffee Shops
9.4.4. Bars
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Insulated Stainless Steel Mugs Market Size and Volume Forecast by Type
9.7.1. With Handle
9.7.2. Without Handle
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Insulated Stainless Steel Mugs Demand Share Forecast, 2019-2026
10. Latin America Insulated Stainless Steel Mugs Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Insulated Stainless Steel Mugs Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Insulated Stainless Steel Mugs Market Size and Volume Forecast by Application
10.4.1. Home
10.4.2. Office
10.4.3. Espresso/Coffee Shops
10.4.4. Bars
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Insulated Stainless Steel Mugs Market Size and Volume Forecast by Type
10.7.1. With Handle
10.7.2. Without Handle
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Insulated Stainless Steel Mugs Demand Share Forecast, 2019-2026
11. Europe Insulated Stainless Steel Mugs Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Insulated Stainless Steel Mugs Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Insulated Stainless Steel Mugs Market Size and Volume Forecast by Application
11.4.1. Home
11.4.2. Office
11.4.3. Espresso/Coffee Shops
11.4.4. Bars
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Insulated Stainless Steel Mugs Market Size and Volume Forecast by Type
11.7.1. With Handle
11.7.2. Without Handle
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Insulated Stainless Steel Mugs Demand Share, 2019-2026
12. Asia Pacific Insulated Stainless Steel Mugs Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Insulated Stainless Steel Mugs Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Insulated Stainless Steel Mugs Market Size and Volume Forecast by Application
12.4.1. Home
12.4.2. Office
12.4.3. Espresso/Coffee Shops
12.4.4. Bars
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Insulated Stainless Steel Mugs Market Size and Volume Forecast by Type
12.7.1. With Handle
12.7.2. Without Handle
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Insulated Stainless Steel Mugs Demand Share, 2019-2026
13. Middle East & Africa Insulated Stainless Steel Mugs Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Insulated Stainless Steel Mugs Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Insulated Stainless Steel Mugs Market Size and Volume Forecast by Application
13.4.1. Home
13.4.2. Office
13.4.3. Espresso/Coffee Shops
13.4.4. Bars
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Insulated Stainless Steel Mugs Market Size and Volume Forecast by Type
13.7.1. With Handle
13.7.2. Without Handle
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Insulated Stainless Steel Mugs Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Insulated Stainless Steel Mugs Market: Market Share Analysis
14.2. Insulated Stainless Steel Mugs Distributors and Customers
14.3. Insulated Stainless Steel Mugs Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Buyneed
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ozark Trail
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Chaser
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Thermos
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Fuguang
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bubba
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Brimma
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Corkcicle
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Starbucks
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Haers
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
