Thermos Drinkware Market Report 2025

The thermos drinkware market size has grown strongly in recent years. It will grow from $3.09 billion in 2024 to $3.31 billion in 2025 at a compound annual growth rate (CAGR) of 7%. The growth during the historic period can be attributed to increasing disposable income, the widespread adoption of social media, the growing popularity of online shopping, the enhanced use of advanced technology, and the rising trend of urban living.

The thermos drinkware market size is expected to see strong growth in the next few years. It will grow to $4.29 billion in 2029 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to a stronger focus on sustainability, an increasing working population, the rising popularity of outdoor activities, growing awareness of plastic pollution, and a heightened focus on health and wellness. Key trends during this period include vacuum-insulated technology, the emergence of smart technologies, the integration of intelligent and functional features, strategic collaborations, and advancements in insulation technologies.

The increasing popularity of outdoor activities is expected to drive the growth of the thermos drinkware market. Outdoor activities involve various physical, recreational, or social pursuits that take place in natural environments. Many individuals are drawn to these activities as a means of reducing stress, enjoying nature, and staying active. Thermos drinkware plays a crucial role in enhancing these experiences by maintaining beverage temperatures, ensuring that users always have access to either a refreshing cold drink or a warm beverage. For example, according to the Outdoor Industry Association, children's participation in outdoor activities saw substantial growth in 2022, with backpacking involvement increasing from 1.6 million in 2021 to over 2.3 million. Additionally, 75% of outdoor activities experienced a rise in participation. As a result, the expanding interest in outdoor activities is contributing to the increasing demand for thermos drinkware.

Leading companies in the thermos drinkware industry are prioritizing product innovation to enhance temperature retention and improve user convenience. A thermos flask is an insulated container specifically designed to maintain the temperature of liquids for extended durations. In January 2023, Xiaomi, a China-based consumer electronics company, introduced the MIJIA Thermos Flask, which boasts a large 1.8-liter capacity. This product is tailored for effective heat retention and cold storage, reflecting an industry trend toward creating more versatile and functional drinkware. By incorporating advanced insulation features and user-friendly designs, Xiaomi broadens its product range to appeal to diverse consumer preferences. This aligns with the rising market demand for innovative and practical thermos solutions.

in June 2022, O2C Brands LLC, a US-based manufacturer, distributor, and seller of consumer products, acquired EcoVessel for an undisclosed amount. The acquisition aims to capitalize on O2C Brands' established retail partnerships and supply chain expertise to accelerate the growth of EcoVessel. This strategic move is designed to strengthen product development and expand the availability of high-quality drinkware and food storage solutions. EcoVessel, a US-based company, specializes in manufacturing insulated water bottles and drinkware, further contributing to the growing market presence of O2C Brands.

Major players in the thermos drinkware market are YETI Holdings Inc., Zhejiang Haers Vacuum Containers Co. Ltd., Kent RO Systems Limited, Zojirushi America Corporation, Igloo Products Corp., CamelBak Products LLC, Trove Brands LLC, Contigo Corporation, SIGG Switzerland AG, Hydro Flask LLC, Thermos L.L.C., LaiKoe, Simple Modern LLC, Kingstar Industries Co. Ltd., Mizu Inc., Tiger Corporation, Yongkang Lance Industry & Trade Co., Mayur Jugs, Feemio Group Co. Ltd., and Shanghai Solid Stainless Steel Products Co. Ltd.

North America was the largest region in the thermos drinkware market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in thermos drinkware report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the thermos drinkware market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Thermos drinkware encompasses a variety of insulated products designed to maintain the temperature of liquids, ensuring user convenience and satisfaction. These items incorporate advanced insulation technology to effectively preserve the desired thermal conditions. They cater to individuals who need reliable temperature control in dynamic outdoor settings.

The primary categories of thermos drinkware include water bottles, mugs, tumblers, and beverage bottles. A water bottle is a portable container designed for storing and carrying liquids, commonly used for drinking water while on the move. These bottles come in various capacities, such as less than 500 ml, 500 ml to 1000 ml, and 1000 ml or more. They are distributed through multiple channels, including hypermarkets or supermarkets, specialty stores, convenience stores, online platforms, and other outlets, serving purposes ranging from outdoor activities and daily use to specialized applications.

The thermos drinkware market research report is one of a series of new reports that provides thermos drinkware market statistics, including the thermos drinkware industry global market size, regional shares, competitors with the thermos drinkware market share, detailed thermos drinkware market segments, market trends, and opportunities, and any further data you may need to thrive in the thermos drinkware industry. This thermos drinkware market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The thermos drinkware market consists of sales of insulated flasks, travel thermoses, vacuum insulated coffee carafes, thermal decanters, and insulated drinkware canisters. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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