Market Overview:
The global travel mug market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as an increase in disposable income, rising awareness about the benefits of using a travel mug, and technological advancements. Based on type, the global travel mug market is segmented into stainless steel travel mugs, ceramic travel mugs, plastic travel mugs, and other types. Stainless steel is currently the most popular type of material used for making travel mugs due to its durability and insulation properties. However, ceramic and plastic are also gaining popularity due to their lightweight nature and trendy designs. Based on application, the global Travel Mug Market can be segmented into online sales and offline sales channels. Offline sales include purchases made through brick-and-mortar stores or other physical retail locations.
Product Definition:
A travel mug is a beverage container with a tight-fitting lid that is designed to be taken on the go. They are typically made of stainless steel, plastic, or ceramic and have an insulated interior that helps keep drinks warm or cold for extended periods of time.
Stainless Steel Travel Mug:
Stainless steel travel mug is a type of coffee/tea container that is made from stainless steel. The travel mugs are gaining popularity among the consumers due to its easy handling and lightweight feature, which makes it suitable for carrying while traveling.
The stainless steel travel mugs have advantages such as no plasticizer leaching into the liquid, high thermal conductivity, resistance to rusting.
Ceramic Travel Mug:
Ceramic travel mug is a type of coffee cup that is made from ceramic material. Ceramics are non-porous and impermeable, which makes them an ideal material for making travel mugs. Travel mugs can be used for both hot and cold beverages; however, the best feature of these cups is that they keep drinks warm for a very long time.
Application Insights:
The offline sales segment dominated the global travel mug market in 2017, accounting for more than 60.0% share of the total revenue. The growth can be attributed to a rise in demand from traditional coffee shops and cafes at airports as well as railway stations. As per an article byMSN, ¢â‚¬ËœOver 1,000 traditional cafes and restaurants have signed up to participate in Amazon's new delivery service offering free shipping on orders over USD¢â‚¬â„¢s worth of food and beverages sold through their online store. This has led to an increase in traffic at these outlets which is driving consumers towards purchasing travel mugs from them directly rather than relying on third-party sellers on online marketplaces such as Amazon or eBay who charge higher prices for products due to high transaction costs involved with them (such as payment gateway fees).
Regional Analysis:
Asia Pacific dominated the global travel mug market in 2017. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing per capita income, rising middle-class population, and growing spending on luxury lifestyle products among emerging countries such as China and India. Moreover, increasing demand for coffee during day time due to hectic work routine will boost product sales in this region.
North America is projected to witness significant growth over the next eight years owing to increased consumer preference towards premium products with a twist of adventure associated with it while traveling across foreign lands along with an interest towards retro styled mugs which are lightweight.
Growth Factors:
- Increasing disposable income of people across the globe is expected to drive the growth of travel mug market during the forecast period.
- Rising demand for convenient and portable drinking vessels is another key factor that is anticipated to fuel the growth of this market in near future.
- Growing awareness about the benefits of using travel mugs, such as keeping beverages hot or cold for a longer time, is projected to boost its demand in coming years.
- Proliferation of online retail platforms has made purchasing travel mugs easier and convenient for consumers, which in turn is likely to propel market growth over next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Travel Mug Market Research Report
By Type
Stainless Steel Travel Mug, Ceramic Travel Mug, Plastic Travel Mug, Other
By Application
Online Sales, Offline Sales
By Companies
Keurig, Ninja, DeLonghi, bobble, Bonjour, Cake Boss, Caribou Coffee, Contigo, Disney, Ignite, Primula, Zojirushi
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Travel Mug Market Report Segments:
The global Travel Mug market is segmented on the basis of:
Types
Stainless Steel Travel Mug, Ceramic Travel Mug, Plastic Travel Mug, Other
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
Online Sales, Offline Sales
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:
- Keurig
- Ninja
- DeLonghi
- bobble
- Bonjour
- Cake Boss
- Caribou Coffee
- Contigo
- Disney
- Ignite
- Primula
- Zojirushi
Highlights of The Travel Mug 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:
- Stainless Steel Travel Mug
- Ceramic Travel Mug
- Plastic Travel Mug
- Other
- By Application:
- Online Sales
- Offline Sales
- 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 Travel Mug 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?
A travel mug is a type of coffee mug that is designed to be used while travelling. They are typically made from durable materials, such as plastic or metal, and have a lid that can be closed to keep the coffee warm.
Some of the key players operating in the travel mug market are Keurig, Ninja, DeLonghi, bobble, Bonjour, Cake Boss, Caribou Coffee, Contigo, Disney, Ignite, Primula, Zojirushi.
The travel mug market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Travel Mug 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. Travel Mug Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Travel Mug Market - Supply Chain
4.5. Global Travel Mug Market Forecast
4.5.1. Travel Mug Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Travel Mug Market Size (000 Units) and Y-o-Y Growth
4.5.3. Travel Mug Market Absolute $ Opportunity
5. Global Travel Mug 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. Travel Mug Market Size and Volume Forecast by Type
5.3.1. Stainless Steel Travel Mug
5.3.2. Ceramic Travel Mug
5.3.3. Plastic Travel Mug
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Travel Mug 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. Travel Mug Market Size and Volume Forecast by Application
6.3.1. Online Sales
6.3.2. Offline Sales
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Travel Mug 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. Travel Mug 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 Travel Mug 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. Travel Mug 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 Travel Mug Demand Share Forecast, 2019-2026
9. North America Travel Mug 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 Travel Mug 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 Travel Mug Market Size and Volume Forecast by Application
9.4.1. Online Sales
9.4.2. Offline Sales
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Travel Mug Market Size and Volume Forecast by Type
9.7.1. Stainless Steel Travel Mug
9.7.2. Ceramic Travel Mug
9.7.3. Plastic Travel Mug
9.7.4. Other
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 Travel Mug Demand Share Forecast, 2019-2026
10. Latin America Travel Mug 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 Travel Mug 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 Travel Mug Market Size and Volume Forecast by Application
10.4.1. Online Sales
10.4.2. Offline Sales
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Travel Mug Market Size and Volume Forecast by Type
10.7.1. Stainless Steel Travel Mug
10.7.2. Ceramic Travel Mug
10.7.3. Plastic Travel Mug
10.7.4. Other
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 Travel Mug Demand Share Forecast, 2019-2026
11. Europe Travel Mug 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 Travel Mug 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 Travel Mug Market Size and Volume Forecast by Application
11.4.1. Online Sales
11.4.2. Offline Sales
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Travel Mug Market Size and Volume Forecast by Type
11.7.1. Stainless Steel Travel Mug
11.7.2. Ceramic Travel Mug
11.7.3. Plastic Travel Mug
11.7.4. Other
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 Travel Mug Demand Share, 2019-2026
12. Asia Pacific Travel Mug 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 Travel Mug 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 Travel Mug Market Size and Volume Forecast by Application
12.4.1. Online Sales
12.4.2. Offline Sales
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Travel Mug Market Size and Volume Forecast by Type
12.7.1. Stainless Steel Travel Mug
12.7.2. Ceramic Travel Mug
12.7.3. Plastic Travel Mug
12.7.4. Other
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 Travel Mug Demand Share, 2019-2026
13. Middle East & Africa Travel Mug 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 Travel Mug 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 Travel Mug Market Size and Volume Forecast by Application
13.4.1. Online Sales
13.4.2. Offline Sales
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Travel Mug Market Size and Volume Forecast by Type
13.7.1. Stainless Steel Travel Mug
13.7.2. Ceramic Travel Mug
13.7.3. Plastic Travel Mug
13.7.4. Other
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 Travel Mug Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Travel Mug Market: Market Share Analysis
14.2. Travel Mug Distributors and Customers
14.3. Travel Mug Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Keurig
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ninja
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DeLonghi
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. bobble
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bonjour
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cake Boss
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Caribou Coffee
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Contigo
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Disney
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ignite
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Primula
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Zojirushi
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
