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Global Plastic Tumblers Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2031

Materials & Packaging | Upcoming Report | Sep 2024 | Global | 350 Pages | No of Tables: 220 | No of Figures: 60

Report Description

Global Plastic Tumblers Market Segmentation, By Material Type (Polypropylene (PP), Polyethylene (PE), Low Density Polyethylene (LDPE), High Density Polyethylene (HDPE), Polystyrene (PS), Polyethylene Terephthalate (PET), Polylactic Acid (PLA), Biodegradable Plastic, and Others), Capacity (Less than 10oz, 10oz to 20oz, 20oz to 35oz and 35oz, and Above), Sales Channel (Convenience Store, Hyper Market, Super Market, and E-commerce) – Industry Trends and Forecast to 2031.


Plastic Tumblers Market Analysis

The plastic tumblers market is experiencing significant growth driven by the increasing demand for versatile and durable drinkware solutions across various sectors. As consumer preferences shift towards affordable and lightweight alternatives to glass and ceramic, plastic tumblers are becoming a popular choice in both residential and commercial settings. The convenience of plastic tumblers, including their resistance to breakage and ease of cleaning, appeals to a wide range of consumers, from households to hospitality businesses. Additionally, the growing trend towards outdoor activities and picnics has further bolstered the demand for these practical drinkware options. The market is also witnessing innovation in design and functionality, with advancements in plastic materials enhancing the aesthetic appeal and performance of tumblers. 

Plastic Tumblers Market Size

Global plastic tumblers market size was valued at USD 3.61 billion in 2023 and is projected to reach USD 4.58 billion by 2031, with a CAGR of 3.02% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include import export analysis, production capacity overview, production consumption analysis, price trend analysis, climate change scenario, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework.

Plastic Tumblers Market Trends

“Increased Adoption in Corporate Gifting”

The trend of utilizing plastic tumblers for corporate gifting and promotional events is becoming a significant driver of market growth. Businesses are increasingly choosing plastic tumblers as cost-effective and practical items for corporate giveaways, client appreciation, and promotional campaigns. These tumblers offer a customizable and functional option that can be easily branded with company logos, slogans, or event themes, making them a popular choice for creating lasting impressions. The lightweight and durable nature of plastic tumblers makes them ideal for mass distribution, and their affordability ensures that they can be used in a variety of corporate settings, from trade shows to client meetings. This growing adoption in corporate gifting not only enhances brand visibility but also stimulates demand for plastic tumblers, contributing to the expansion of the market.

Report Scope and Market Segmentation       

Attributes

Plastic Tumblers Key Market Insights

Segmentation

  • By Material Type: Polypropylene (PP), Polyethylene (PE), Low Density Polyethylene (LDPE), High Density Polyethylene (HDPE), Polystyrene (PS), Polyethylene Terephthalate (PET), Polylactic Acid (PLA), Biodegradable Plastic, and Others
  • By Capacity: Less than 10oz, 10oz to 20oz, 20oz to 35oz and 35oz, and Above
  • By Sales Channel: Convenience Store, Hyper Market, Super Market, and E-commerce

Countries Covered

U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America

Key Market Players

Tupperware Brands Corporation (U.S.), Pelican Products, Inc. (U.S.), CamelBak Products, LLC. (U.S.), Hydro Flask (U.S.), Cool Gear International, LLC (U.S.), Klean Kanteen, Inc. (U.S.), Yeti Coolers, LLC (U.S.), O2COOL, LLC (U.S.), and Bubba Brands, Inc. (U.S.)

Market Opportunities

  • Integration with Smart Technology
  • Partnerships with Retailers and Brands

Value Added Data Infosets

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include import export analysis, production capacity overview, production consumption analysis, price trend analysis, climate change scenario, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework.

Plastic Tumblers Market Definition

Plastic tumblers are drinking vessels made from various types of plastic materials, designed for holding beverages. They are typically characterized by their lightweight and durable nature, making them suitable for both casual and everyday use. These tumblers often come in various sizes, colors, and designs, and are used for a wide range of beverages including water, juice, and soft drinks.                          

Plastic Tumblers Market Dynamics

Drivers  

  • Rising Demand for Affordable Drinkware

The growing preference for cost-effective and durable drinkware solutions is a significant driver of the plastic tumblers market. Consumers increasingly seek budget-friendly alternatives to traditional glass and ceramic tumblers, which can be more expensive and prone to breakage. Plastic tumblers offer a practical solution with their lower cost, durability, and convenience, making them an attractive option for both households and businesses. This demand is further fueled by the need for drinkware that can withstand frequent use and handling without compromising on quality.

  • Increased Popularity of Outdoor Activities

The surge in outdoor activities such as picnics, camping, and sports events has significantly boosted the demand for plastic tumblers. Their lightweight and shatterproof characteristics make them ideal for various outdoor settings where durability and convenience are essential. Unlike glass or metal alternatives, plastic tumblers are less likely to break if dropped, making them a preferred choice for outdoor enthusiasts and event organizers. This trend reflects the broader shift towards practical and versatile drinkware solutions that cater to an active lifestyle.

Opportunities

  • Integration with Smart Technology

Exploring opportunities for integrating smart features into plastic tumblers presents a significant growth potential. Innovations such as temperature control and built-in sensors could enhance the functionality and appeal of plastic tumblers, creating new market segments. By incorporating smart technology, manufacturers can offer advanced features that cater to tech-savvy consumers and differentiate their products from traditional options. This trend aligns with the broader movement towards integrating technology into everyday products, offering additional value and convenience to users.

  • Partnerships with Retailers and Brands

Collaborating with retailers and brands for exclusive product lines or promotional campaigns can enhance the visibility and market presence of plastic tumblers. Strategic partnerships allow manufacturers to leverage established retail networks and brand recognition, driving increased sales and consumer engagement. Exclusive designs, co-branded products, and targeted promotions can attract new customers and strengthen brand loyalty. Such collaborations are instrumental in expanding market reach and capitalizing on growth opportunities within the competitive plastic tumblers market.

Restraints/Challenges

  • Competition from Alternative Materials

The plastic tumblers market faces challenges from the increasing availability and popularity of alternative materials such as glass, stainless steel, and biodegradable plastics. Glass and stainless steel tumblers offer advantages in terms of durability and perceived quality, while biodegradable plastics appeal to environmentally conscious consumers seeking sustainable options.

  • Health and Safety Concerns

Health and safety concerns associated with certain plastic materials, particularly those containing Bisphenol A (BPA), can impact the growth of the plastic tumblers market. BPA, used in the production of some plastics, has been linked to potential health risks, leading to increased consumer awareness and regulatory scrutiny. As a result, there is a growing demand for BPA-free and safer plastic options.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Plastic Tumblers Market Scope

The market is segmented on the basis of material type, capacity, and sales channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Material Type

Capacity

  • Less than 10oz
  • 10oz to 20oz
  • 20oz to 35oz
  • 35oz and Above

Sales Channel

  • Convenience Store
  • Hyper Market
  • Super Market
  • E-commerce

Global Plastic Tumblers Market Regional Analysis

The market is analyzed and market size insights and trends are provided by country, material type, capacity, and sales channel as referenced above.

The countries covered in the market are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina, and rest of South America.

North America is expected to dominate the market due to surge in consumer demand and the growing popularity of personal tumblers among office workers across the United States, Canada, and other areas. The region's strong preference for tumblers, coupled with a high number of coffee enthusiasts, has positioned the U.S. as the largest market in terms of both sales and manufacturing of tumblers.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Global Plastic Tumblers Market Share

The market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.

Plastic Tumblers Market Leaders Operating in the Market Are:

  • Tupperware Brands Corporation (U.S.)
  • Pelican Products, Inc. (U.S.)
  • CamelBak Products, LLC (U.S.)
  • Hydro Flask (U.S.)
  • Cool Gear International, LLC (U.S.)
  • Klean Kanteen, Inc. (U.S.)
  • Yeti Coolers, LLC (U.S.)
  • O2COOL, LLC (U.S.)
  • Bubba Brands, Inc. (U.S.)

Latest Developments in Plastic Tumblers Market

  • In February 2024, Faerch Group introduced its new Tumbler line of recyclable beverage containers designed for on-the-go use. These tumblers are made with at least 30% post-consumer recycled material. According to reports, the cups are fully recyclable into new food packaging through 'endless' recycling cycles, while preserving their safety and functionality


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