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Thermos Bottle Market to see Rapid Growth by 2028
The global thermos bottle market is anticipated to grow at a significant CAGR of 4.6% during the forecast period. Technological advancement in thermos bottles is driving the growth of the thermos bottle market across the globe. Companies are introducing various new thermos bottle with several features which helps in Bluetooth connectivity, temperature display, tracking apps, and many more which attracts people and increases the customer base of the companies which contributes to the growth of the global thermos bottle market. People are becoming more conscious about their health and fitness due to which they like to keep a record of their daily intakes which helps in achieving their goals.
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The hydration tracking system in thermos bottles supports keeping the record of water intake in a day due to which fitness people prefer to use thermos bottle with technological advanced features which increases the production of thermos bottle and led to the growth of the global thermos bottle market during the forecast period. Due to the increased demand for technologically advanced thermos bottles, many companies introduced their innovative products in the market. For instance, in April 2022, Apple launched a water bottle called HidrateSpark that can monitor your daily water or fluid intake and sync it with users' Apple Health. Users can easily connect their smart bottles to the HidrateSpark App through Bluetooth. HidrateSpark has a stainless-steel, vacuum-insulated chug that keeps drinks cold for up to 24 hours. The bottle cost around ?4,600 in India and is currently sold by Apple in its US market.
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· Market Coverage
· Market number available for – 2022-2028
· Base year- 2021
· Forecast period- 2022-2028
· Segment Covered- By Source, By Product Type, By Applications
· Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Thermos Bottle Market Report Segment
By Technology
- Hydration Tracking Apps
- Sensor
- Bluetooth
By Material
- Stainless Steel
- Plastic
- Glass
- Others
By End-Users
- Household
- Commercial
Global Thermos Bottle Market Report Segment by Region
North America
• US
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global thermos bottle market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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