China Thermos Drinkware Market Size & Outlook, 2023-2030
The thermos drinkware market in China is expected to reach a projected revenue of US$ 299.2 million by 2030. A compound annual growth rate of 6.3% is expected of China thermos drinkware market from 2024 to 2030.
- Consumer Goods
- Homecare & Decor
- Thermos Drinkware Market Outlook
- Homecare & Decor
Revenue, 2023 (US$M)
$195.0
Forecast, 2030 (US$M)
$299.2
CAGR, 2024 - 2030
6.3%
Report Coverage
China
Global Market
Related Markets
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China thermos drinkware market highlights
- The China thermos drinkware market generated a revenue of USD 195.0 million in 2023 and is expected to reach USD 299.2 million by 2030.
- The China market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- In terms of segment, water bottle was the largest revenue generating type in 2023.
- Mugs and Tumblers is the most lucrative type segment registering the fastest growth during the forecast period.
Thermos drinkware market data book summary
| Market revenue in 2023 | USD 195.0 million |
| Market revenue in 2030 | USD 299.2 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Water bottle |
| Fastest growing segment | Mugs and Tumblers |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mugs and Tumblers, Water Bottle, Beverage Bottle |
| Key market players worldwide | SIG Group AG Ordinary Shares, Thermon Group Holdings Inc, Tiger Brands Ltd, Vista Outdoor Inc, Stanley Black & Decker, Millicom International Cellular SA |
Other key industry trends
- In terms of revenue, China accounted for 6.6% of the global thermos drinkware market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China thermos drinkware market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 275.4 million by 2030.
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Thermos Drinkware Market Scope
Thermos Drinkware Market segmentation & scope
Thermos Drinkware Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Stanley Black & Decker | View profile | 50,500 | 1000 Stanley Drive, New Britain, CT, United States, 06053 | www.stanleyblackanddecker.com |
| Vista Outdoor Inc | View profile | 7,000 | 1 Vista Way, Anoka, MN, United States, 55303 | www.vistaoutdoor.com |
| SIG Group AG Ordinary Shares | View profile | 9,000 | Laufengasse 18, Neuhausen am Rheinfall, Switzerland, 8212 | www.sig.biz |
| Thermon Group Holdings Inc | View profile | 1,416 | 7171 Southwest Parkway, Building 300, Suite 200, Austin, TX, United States, 78735 | www.thermon.com |
| Tiger Brands Ltd | View profile | 10,323 | 3010 William Nicol Drive, P.O. Box 78056, Bryanston, Sandton, Johannesburg, GT, South Africa, 2146 | www.tigerbrands.com |
| Millicom International Cellular SA | View profile | 16,527 | 2, Rue du Fort Bourbon, Luxembourg, Luxembourg, L-1249 | www.millicom.com |
China Thermos Drinkware Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Thermos Drinkware Market Outlook will help companies and investors design strategic landscapes.
Water Bottle was the largest segment with a revenue share of 55.95% in 2023.
Horizon Databook has segmented the China thermos drinkware market based on mugs and tumblers, water bottle, beverage bottle covering the revenue growth of each sub-segment from 2018 to 2030.
- China Thermos Drinkware Market Type Outlook (Revenue, USD Million , 2018-2030)
- Mugs and Tumblers
- Water Bottle
- Beverage Bottle
- China Thermos Drinkware Market Size Outlook (Revenue, USD Million , 2018-2030)
- Less than 500 ml
- 500 ml to 1000 ml
- 1000 ml and Above
- China Thermos Drinkware Market Application Outlook (Revenue, USD Million , 2018-2030)
- Outdoor Enthusiasts
- Everyday Use
- Specialized
- China Thermos Drinkware Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
- Supermarkets/Hypermarkets
- Convenience Stores
- Specialty Stores
- Online
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Horizon Databook provides a detailed overview of country-level data and insights on the China Thermos Drinkware Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Thermos Drinkware Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
China Thermos Drinkware Market, 2018-2030 (US$M)
China thermos drinkware market statistics, by type, 2018-2030 (US$M)
