The Worldwide Thermos Bottle Market is Projected to reach USD 7.1 Billion by 2030, at a CAGR of 5.1%

Thermos Bottle Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Thermos Bottle Market size is expected to reach $7.1 billion by 2030, rising at a market growth of 5.1% CAGR during the forecast period. In the year 2022, the market attained a volume of 128.2 million units, experiencing a growth of 4.7% (2019-2022).

The Stainless-Steel segment is leading the Global Thermos Bottle Market by Material in 2022; thereby, achieving a market value of $2.9 Billion by 2030. Because of the growing public awareness of the potential health & environmental risks related to using plastic or other material-based bottles, many are switching over to stainless steel bottles. BPA, found in plastic bottles, has been linked to several health problems, including infertility, abnormal brain development, cancer, and heart problems.

The Household segment is experiencing a CAGR of 6.6% during (2023 - 2030). Utilizing a thermos bottle at home has a lot of benefits. The majority of people use this kind of product for carrying water and other drinks, which stay hot or cold for an extended period without changing temperature. This is particularly helpful in the winter months when consuming hot beverages keeps us comfortable in the chilly weather outside.

The North America region dominated the Global Thermos Bottle Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $2.5 Billion by 2030. The Europe region is anticipated to grow at a CAGR of 4.9% during (2023 - 2030). Additionally, The Asia Pacific region would showcase a CAGR of 5.6% during (2023 - 2030).

Full Report: https://www.kbvresearch.com/thermos-bottle-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Thermos LLC, Fuguang Group, Panasonic Holdings Corporation, Midea Group Co., Ltd., Hydro Flask (Helen of Troy Limited), Klean Kanteen, Hamilton Housewares Pvt. Ltd., CamelBak (Vista Outdoor), LocknLock Co., and Contigo Brands (Newell Brands).

Global Thermos Bottle Market Segmentation

By Material (Volume, Million Units, USD Million, 2019-2030)

• Stainless Steel
• Plastic
• Glass
• Others

By Application (Volume, Million Units, USD Million, 2019-2030)

• Commercial
• Household

By Geography (Volume, Million Units, USD Million, 2019-2030)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• Thermos LLC
• Fuguang Group
• Panasonic Holdings Corporation
• Midea Group Co., Ltd.
• Hydro Flask (Helen of Troy Limited)
• Klean Kanteen
• Hamilton Housewares Pvt. Ltd.
• CamelBak (Vista Outdoor)
• LocknLock Co.
• Contigo Brands (Newell Brands)

Related Reports:

North America Thermos Bottle Market Size, Share by 2023-2030

• August-2023
• 104 Pages

LAMEA Thermos Bottle Market Size, Share & Forecast to 2030

• August-2023
• 117 Pages

Europe Thermos Bottle Market Size, Share & Growth, 2023-2030

• August-2023
• 116 Pages

Asia Pacific Thermos Bottle Market Size & Analysis to 2030

• August-2023
• 119 Pages