Thermos Drinkware Market Report 2026

The thermos drinkware market size has grown strongly in recent years. It will grow from $3.27 billion in 2025 to $3.49 billion in 2026 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to growth in outdoor recreation activities, rising demand for reusable beverage containers, expansion of urban commuting lifestyles, increasing consumer awareness of hydration, availability of vacuum insulation technology.

The thermos drinkware market size is expected to see strong growth in the next few years. It will grow to $4.46 billion in 2030 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to increasing demand for premium insulated products, rising focus on plastic-free drinkware, expansion of online retail channels, growing preference for personalized drinkware, increasing adoption of sustainable lifestyle products. Major trends in the forecast period include increasing demand for reusable insulated drinkware, rising popularity of stainless steel thermos products, growing focus on ergonomic and travel-friendly designs, expansion of eco-conscious consumer preferences, enhanced emphasis on long-lasting temperature retention.

The growing popularity of outdoor activities is expected to propel the growth of the thermos drinkware market going forward. Outdoor activities refer to any activities that take place outside, typically in natural environments, where people engage in physical, recreational, or social pursuits. The rise in popularity of outdoor activities is driven by people's desire to escape stress, enjoy nature, and stay active. Thermos drinkware keeps drinks hot or cold for hours, making outdoor activities more enjoyable by ensuring beverages remain at the desired temperature. For instance, in June 2024, according to the Outdoor Industry Association (OIA), a US-based not-for-profit membership organization, outdoor recreation participation grew by 4.1% in 2023, reaching a record 175.8 million participants, equivalent to 57.3% of the US population aged six and older. Therefore, the growing popularity of outdoor activities is driving the growth of the thermos drinkware market.

Key players in the thermos drinkware market are focusing on product innovation, such as thermos flasks, to enhance temperature retention and improve user convenience. A thermos flask is an insulated container designed to maintain the temperature of liquids for extended periods. For instance, in January 2023, Xiaomi, a China-based consumer electronics company, launched the MIJIA Thermos Flask, featuring a substantial 1.8-liter capacity. The flask is specifically designed for long-term heat retention and cold storage, reflecting a trend toward more versatile and functional drinkware. This product demonstrates the industry focus on combining high-quality insulation with user-friendly design to meet diverse consumer preferences and growing demand for practical thermos solutions.

In July 2024, YETI Holdings, Inc., a US-based outdoor products and insulated drinkware company, partnered with the Royal National Lifeboat Institution (RNLI) to support lifeguards through durable hydration and cooling solutions and strengthen water safety initiatives. This collaboration aims to integrate premium insulated drinkware and cooling equipment to improve operational performance and efficiency, provide lifeguards with reliable hydration and temperature control during extended beach patrols, and support sustainability through reduced reliance on single-use plastics. The Royal National Lifeboat Institution is a UK-based lifesaving charity specializing in maritime search and rescue, beach safety operations, and public water safety education.

Major companies operating in the thermos drinkware market are Thermos LLC, YETI Holdings Inc., Contigo Brands, Hydro Flask, Stanley (PMI), Zojirushi America Corporation, CamelBak Products LLC, Sigg Switzerland AG, Tiger Corporation, Klean Kanteen, KINTO Co Ltd, Miir, Mizu Life, Igloo Products Corp, S’well, Takeya, Mepal, Lock & Lock, Ello Products, Nalgene, EcoVessel, Revomax, Tervis Tumbler Company.

North America was the largest region in the thermos drinkware market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the thermos drinkware market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the thermos drinkware market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

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 that 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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