DUBLIN--(BUSINESS WIRE)--The "US Tumbler Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.
The report considers all tumblers sold with lids in the United States; this market is expected to reach an estimated $1 billion by 2023 with a CAGR of 8.7% from 2018 to 2023.
The future of the US lidded tumbler market looks attractive with opportunities in the various outdoor activities such as camping, hiking, fitness, and travel. The major growth drivers for this market are an increase in outdoor recreational activities, growing demand for attractive drinkware products, and increasing use of promotional tumblers as a corporate or personal gift with customized prints, logos, and messages.
Emerging trends, which have a direct impact on the dynamics of the US lidded tumbler market, include introduction of double-walled vacuum insulation technology, increasing use of high grade stainless steel, and rise in consumption of premium coated drinkware with lids.
On the basis of comprehensive research, the researcher forecasts that stainless steel tumblers are expected to witness significant growth over the forecast period.
By product type, the US tumbler market is segmented into insulated and regular tumblers. The insulated tumbler segment is the largest segment mainly due to its exceptional temperature retention property.
- CamelBak Products LLC
- Helen of Troy Limited
- Newell Brands Inc.
- ORCA Cooler, LLC
- Starbucks Corporation
- Tervis Tumbler
- Thermos LLC.
- Yeti Holdings Inc.
- tritan USA
For more information about this report visit https://www.researchandmarkets.com/research/jm6mjp/us_tumbler_market?w=4