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Global Drinkware Market Trends, Demand, Forecast, Analysis: By Material Type: Glass, Ceramic, Plastic, Steel; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Value Chain Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
Global Drinkware Market Outlook
The global drinkware market size reached approximately USD 4.28 billion in 2023. The market is projected to grow at a CAGR of 3.20% between 2024 and 2032.
Key Takeaways
- Consumers are becoming environmentally conscious, leading to a surge in popularity of products made from sustainable materials.
- Consumers are seeking luxury drinkware which features unique designs and high-quality materials.
- The expansion of the hospitality sector supports the demand for premium drinkware products.
Drinkware, also known as beverageware is a general term for a vessel meant to hold drinks or liquid food for drinking or eating. It includes a wide range of items such as cups, mugs, glasses, and stemware used for drinking water, tea, coffee, and alcoholic beverages. Drinkware is made from various materials including glass, plastic, metal, and ceramic, and comes in numerous styles and designs to suit different beverages and personal preferences.
The global drinkware market growth is driven by factors such as a growing demand for products from the hospitality and food service sectors and a rise in the consumption of beverages. In addition, initiatives by companies to introduce innovative, designer products made from eco-friendly materials will also boost market growth. The availability of beverage products in a variety of designs and types, the increasing number of pubs, restaurants, hotels and home bars, and the access to online distribution channels and increasing online sales of beverage products are the factors propelling the market growth.
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Key Trends and Developments
Sustainable and eco-friendly products; use of luxury BPA-free co-polyester; promotional products; and growth in the food service and beverage sector are the major trends impacting the drinkware market expansion
| Date | Company/Collaboration | Action |
| Apr 2023 | Igloo | Introduced a new line of stainless-steel drinkware which showcases nine distinct styles of bottles and tumblers. |
| Sep 2023 | Starbucks and Disney | Collaborated to launch a limited-edition collection of Disney-inspired merchandise and lifestyle accessories. |
| Nov 2023 | Louis Vuitton | Unveiled a new tableware collection which spans from traditional porcelain pieces to vibrantly coloured glassware and reflects the brand's luxury aesthetic and commitment to craftsmanship. |
| Jan 2024 | Petainer and Oonly | Launched the first refillable PET bottle for mineral water in Hungary, aiming to promote circularity in the beverage sector. |
| Trends | Impact |
| Sustainable and eco-friendly products | There is a rising demand for eco-friendly drinkware, reflecting growing consumer awareness and preference for products that minimise environmental impact. |
| Use of luxury BPA-free co-polyester | The increasing use of luxury drinkware made of BPA-free co-polyester points towards a trend of consumers valuing both luxury and health safety in their drinkware choices. |
| Promotional products | Drinkware is increasingly being used as promotional products, indicating a trend towards personalised and branded drinkware items that serve as marketing tools for businesses, especially in the hospitality sector. |
| Growth in the food service and beverage sector | The expansion of the food and beverage sector, along with proliferating food delivery businesses, showcases lucrative opportunities for drinkware manufacturers. |
Drinkware Market Trends
Consumers are increasingly aware of the environmental impact of their purchases, including the production, use, and disposal of drinkware. There is a growing recognition of the need to reduce waste, particularly single-use plastics, which are prevalent in the drinkware category. Products that offer alternatives to plastic, such as those made from recycled materials, bamboo, glass, or stainless steel, are seen as more sustainable choices. Alongside environmental concerns, there is also a heightened awareness about health implications related to the materials used in drinkware. For instance, products made from BPA-free plastics or other non-toxic materials are in demand due to their safer use over time.
Igloo, a US-based company renowned for innovative cooler solutions, launched a new line of stainless-steel drinkware in April 2023. This collection showcases nine distinct styles of bottles and tumblers, available in a variety of sizes ranging from 12 ounces to a substantial 80 ounces. This launch signifies Igloo's commitment to expanding its product range, catering to a wide array of consumer needs and preferences for durable, versatile drinkware options suitable for various occasions and activities.
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Market Segmentation
“Drinkware Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
| Market Breakup | Categories |
| Material Type | Glass, Ceramic, Plastic, Steel |
| Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Glass segment accounts for a major drinkware market share due to its recyclable nature and rich look
Glass material is the leading segment in the market due to its recyclable nature and premium look. It is 100% recyclable and can be recycled indefinitely without loss of quality or purity, which makes glass drinkware a popular choice among consumers and companies looking to reduce their environmental footprint and support circular economy principles. It is also chemically inert, meaning it does not react with the beverages it holds. This ensures that no unwanted chemicals leach into the drink, making the glass a safe choice for drinkware. The non-porous surface of glass also makes it hygienic, as it does not harbour bacteria or odours. Moreover, glass drinkware is often preferred for its aesthetic appeal as it can be crafted into various shapes and designs, offering clarity that showcases the beverage within.
Plastic is also expected to witness robust growth as a material of choice in the drinkware market as plastic drinkware is generally less expensive to produce than alternatives made from glass, metal, or ceramic. This cost-effectiveness makes it an appealing choice for both everyday use and large-scale events where budget considerations are paramount. Plastic is known for its durability and resistance to breaking, making it a practical choice for outdoor activities, children’s use, and environments where breakage is a concern.
The demand for steel material in the drinkware market is also expected to grow considerably. Steel, particularly stainless steel, is highly durable and resistant to rust, corrosion, and staining which makes steel drinkware such as water bottles, tumblers, and travel mugs incredibly long-lasting, capable of withstanding rough handling and extreme conditions without damage.
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Competitive Landscape
The market players are entering into collaborations and are launching novel products to gain a competitive edge in the market
| Company | Founding Year | Headquarters | Products |
| Arc Group | 1825 | Arques, France | Glassware products for consumer goods and food service sectors |
| The Oneida Group Inc. | 1848 | Ohio, United States | Stainless steel and silver-plated flatware, dinnerware, and glassware |
| Libbey Inc., Pasabahce (Sisecam Group) | 1818 | Ohio, United States | Glass tableware, including glasses, dishes, and other related products |
| Bormioli Rocco S.p.A., | 1935 | Istanbul, Turkey | Glassware products, from everyday items to high-end decorative pieces |
Other major players in the drinkware market include Anhui Deli Household Glass Co., Ltd and Steelite International Limited, among others. The market players are focusing on various strategic initiatives such as mergers and acquisitions, expanding their product portfolios, and investing in research and development to introduce innovative and eco-friendly products.
Drinkware Market Analysis by Region
Europe and North America are the leading consumer regions, followed by the Asia Pacific, which is witnessing comparatively faster growth. Both Europe and North America have high levels of disposable income, enabling consumers to invest in premium and speciality drinkware products. The ability to spend more on non-essential goods means consumers are willing to pay for higher quality, durable, and eco-friendly drinkware options. Consumers in these regions are highly aware of environmental issues and are increasingly seeking sustainable and eco-friendly products which has driven the demand for reusable drinkware made from sustainable materials like glass, stainless steel, and bamboo, as opposed to single-use plastics.
Rapid development in the hospitality sector and the acceptance of Western culture are the key factors supporting the drinkware market growth in the Asia Pacific. Moreover, rapid urbanisation in countries like China, India, and Southeast Asian nations has led to lifestyle changes that influence drinkware demand. Urban consumers tend to have different purchasing behaviours compared to rural consumers, including a higher demand for convenience, which impacts the types of drinkware products they buy, such as on-the-go bottles and cups.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Material Type |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Drinkware Market Analysis
8.1 Key Industry Highlights
8.2 Global Drinkware Historical Market (2018-2023)
8.3 Global Drinkware Market Forecast (2024-2032)
8.4 Global Drinkware Market by Material Type
8.4.1 Glass
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Ceramic
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Plastic
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Steel
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.5 Global Drinkware Market by Region
8.5.1 North America
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Europe
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Asia Pacific
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Latin America
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Middle East and Africa
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
9 North America Drinkware Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Drinkware Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Drinkware Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Drinkware Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Drinkware Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Arc Group
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Anhui Deli Household Glass Co.,Ltd
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Libbey Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Pasabahce (Sisecam Group)
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Bormioli Rocco S.p.A.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 The Oneida Group Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Steelite International Limited
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Drinkware Market: Key Industry Highlights, 2018 and 2032
2. Global Drinkware Historical Market: Breakup by Material Type (USD Billion), 2018-2023
3. Global Drinkware Market Forecast: Breakup by Material Type (USD Billion), 2024-2032
4. Global Drinkware Historical Market: Breakup by Region (USD Billion), 2018-2023
5. Global Drinkware Market Forecast: Breakup by Region (USD Billion), 2024-2032
6. North America Drinkware Historical Market: Breakup by Country (USD Billion), 2018-2023
7. North America Drinkware Market Forecast: Breakup by Country (USD Billion), 2024-2032
8. Europe Drinkware Historical Market: Breakup by Country (USD Billion), 2018-2023
9. Europe Drinkware Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Asia Pacific Drinkware Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Asia Pacific Drinkware Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Latin America Drinkware Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Latin America Drinkware Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Middle East and Africa Drinkware Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Middle East and Africa Drinkware Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Global Drinkware Market Structure
Key Questions Answered in the Report
In 2023, the global drinkware market attained a value of nearly USD 4.28 billion.
The market is projected to grow at a CAGR of 3.20% between 2024 and 2032.
The major drivers of the market include the growing demand for drinkware in the hospitality and foodservice sectors, a rise in the consumption of beverages, increasing demand for luxury products, and rising disposable incomes.
The availability of the product in a variety of designs and material types and the increasing number of pubs, restaurants, hotels, and home bars are expected to be the key trends guiding the growth of the market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Glass, ceramic, plastic, and steel are the major material types of drinkware in the global market.
The major players in the market are Arc Group, Anhui Deli Household Glass Co., Ltd, Libbey Inc., Pasabahce (Sisecam Group), Bormioli Rocco S.p.A., The Oneida Group Inc., and Steelite International Limited, among others.
Analyst Review
The global drinkware market attained a value of USD 4.28 billion in 2023, driven by the growing demand for drinkware in the hospitality and foodservice industries and a rise in the consumption of beverages. Aided by the growing innovations and increasing number of pubs and restaurants, the market is expected to witness a CAGR of 3.20% in the forecast period of 2024-2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on material type, the market is divided into glass, ceramic, plastic, and steel. The major regional markets for drinkware are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Arc Group, Anhui Deli Household Glass Co.,Ltd, Libbey Inc., Pasabahce (Sisecam Group), Bormioli Rocco S.p.A., The Oneida Group Inc., and Steelite International Limited, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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