Drinkware Market

Drinkware Market Size

Drinkware Market size was worth more than USD 28 billion in 2022 and is anticipated to expand at over 6% CAGR from 2023-2032. Rising demand for eco-friendly and sustainable drinkware is expected to complement the industry expansion.

Along with growing food and beverage companies, ongoing development of the sector presents great potential for drinkware producers. Drinkware, sometimes referred to as beverageware, is a large range of items used to hold water, coffee, wine, and other non-alcoholic beverages. The need for drinkware goods has been hastened by a significant increase in restaurants, food stores, online meal delivery systems, and e-commerce sites. The need for sophisticated glassware for luxury dining will help to shape the drinkware industry figures.

Drinkware Market Report Attributes

Report Attribute	Details
Base Year	2022
Drinkware Market Size in 2022	28.23 Billion (USD)
Forecast Period	2023 to 2032
Forecast Period 2023 to 2032 CAGR	6%
2032 Value Projection	50.20 Billion (USD)
Historical Data for	2018 to 2022
No. of Pages	411
Tables, Charts & Figures	638
Segments covered	Product, Material, Distribution Channel, Usage Type
Growth Drivers	Intensifying demand in food service industry and Booming beverage Industry Surging Demand for aesthetic and eco – friendly products Emergence of numerous restaurants boosting product demand
Pitfalls & Challenges	Stringent government regulation and ban on lead- containing paint hinders market growth

Rising health issues about lead poisoning and strict laws against the use of lead paint could impede industrial expansion. Commonly used in ceramics and glazed pottery, lead and cadmium provide cups and mugs shine and brilliant colors. This raises the possibility of drinking from these cups causing one to consume the two heavy metals. Usually adding lead or cadmium to low-quality glass goods for greater production output, cup and glass makers Studies have indicated, meantime, that long-term drinking from enameled drinkware can cause harmful and damaging effects on health.

Drinkware Market Analysis

Listen up, coffee addicts! Your dear cups and mugs are bringing in significant money. They made nearly 20 billion dollars just in 2022 alone. Serving your morning brew in these practical mugs makes restaurants go nuts. Not just ordinary cups; we are referring to beautiful porcelain or glass mugs, disposable ones. And get thispeople are grabbing their coffee to travel more than before. That is spiking the coffee shop cup demand. Not all, though, is about coffee. People also are ravenous for hot chocolate and tea. And predict what? For that too, they employ mugs! Why then are cups and mugs so much sought for? Well, among beverages, coffee is the king. Of Americans, sixty-five percent swallow it every day. Particularly buzzing among the young and restless people who need it to get through the day is It also increases their energy level and facilitates fat burning. Not to overlook tea and hot chocolate either. They make us feel all nice and fuzzy inside and are deeply ingrained in custom. You therefore have it. Thanks to our passion of coffee, tea, and hot chocolate, mugs and glasses are in especially demand. Good wishes for that!

By 2032, the value of drinkware market from polymer-based material segment is expected to be above USD 1.5 billion. Drinkware bottles and mugs comprising polypropylene (PP), polyethylene terephthalate (PET), and polyethylene (PE) are manufactured from a great range of polymers. For example, reusable containers and refillable water bottles are produced from polycarbonate rather extensively. Thanks to its great surface area, polymer-based mugs are often used as gifts with personalized printing, quotes, and patterns and have great durability. PE and low-density PE are being used extensively in food and beverage packaging firms to create respectively rigid bottles and squeeze bottles.

The market share of supermarkets is projected to exceed USD 30 billion by 2032 depending on distribution route. Consumers especially want supermarkets for buying goods since they provide a whole shopping experience, discounts and deals, and a large range of choices. These configurations draw customers with displays that offer combinations and matched products, such coffee or protein powders mixed with a tumbler. Availability of drinkware products including cups, bottles, shakers, and mugs in a broad variety of patterns, shapes, and colors leads people to satisfy their drinkware demands from supermarkets.

North America drinkware market is projected to expand at over 5.5% CAGR between 2023-2032. Growing consumer awareness regarding the health benefits of consuming hot beverages to fight infectious diseases is anticipated to fuel the sales of drinkware in the region. The presence of key drinkware manufacturers in the U.S. and Canada will enable significant product innovation. The commencement of new partnerships and product development by these firms will further reinforce business landscape.

Drinkware Market Share

Some of the leading companies in the global drinkware market are

• Amcor Limited
• Mizu
• PMI Worldwide
• Thermos L.L.C
• Bormioli Rocco
• Hydro Flask
• S’well
• Klean Kanteen
• Nomader, LLC
• Vapur
• Vista Outdoor Operations LLC
• Dopper
• Nalgene
• Soul bottles
• Newell Brands
• Pasabahce

These companies are focusing on strategic partnerships, mergers, and acquisitions to gain a competitive lead over other related firms.

Impact of COVID-19 Pandemic

The COVID-19 pandemic had a slightly positive impact on the drinkware industry. The pandemic devastated a broad spectrum of businesses, particularly the food and beverage sector. Hotels, restaurants, and food carts quickly adopted home delivery systems to cope up with the loss incurred due to the shutdown of offline businesses.

A dramatic rise in online food deliveries fueled the use of cups, tumblers, and other disposable drinkware. Several countries reported an enormous surge in the use of plastic during the pandemic. Plastic coffee cups and plastic shopping bags were extensively used in home deliveries, ensuring adherence to social distancing norms. Furthermore, several studies showed that plastic eliminated the risk of virus transmission, otherwise seen in reusable packaging.

The Drinkware market research report includes in-depth coverage of the industry with estimates & forecasts in terms of volume in Thousand Units and revenue in USD Million from 2018 to 2032 for the following segments

By Product

• Bottles
  • Water bottles
  • Tumblers
  • Shakers
  • Infusers
  • By Material
    • Polymer
    • Metal
    • Glass
    • Silicone
    • Others
  • By Usage
    • Everyday
    • Sports
    • Travel
  • By Distribution channel
    • Super Market
    • Independent Stores
    • E-Commerce
    • Others
• Mugs & Cups
  • By Material
    • Polymer
    • Metal
    • Glass
    • Silicone
    • Ceramic
  • By Usage
    • Domestic
    • Commercial
  • By Distribution channel
    • Super Market
    • Independent Stores
    • E-Commerce
    • Others

The above information is provided on a regional and country basis for the following

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Poland
  • Sweden
  • Netherlands
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Malaysia
  • Indonesia
  • Thailand
• Latin America
  • Brazil
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa