Thermos bottle market is anticipated to grow at a significant CAGR of 4.6% during the forecast period. People use thermos bottles to store liquids and to keep themselves hydrated. Thermos bottles come in different sizes and colors in the market which attracts customers and increases the demand for thermos bottles which led to the growth of the thermos bottle market across the globe. The vacuum layer inside the thermos bottle aids in maintaining the temperature level of liquids. Many companies are offering bottles that can preserve drinks for a long time while maintaining the temperature of the beverages or water, further propelling the growth of the global thermos bottle market during the forecast period. For instance, in August 2020, Xiaomi launched the Mijia Bullet Thermos flash with 12 hours of heat/cold preservation and 500ml capacity.
Segmental Outlook
The global thermos bottle market is segmented based on technology, material, and application. Based on the technology, the market is sub-segmented into hydration tracking apps, sensors, and Bluetooth. Based on material, the market is segmented into stainless steel, plastic, glass, and others. Based on application, the market is segmented into household and commercial. Among the material, the stainless steel sub-segment is expected to hold a prominent share in the growth of the global thermos bottle market. Among the application, the commercial sub-segment is expected to be the fastest-growing segment in the global thermos bottle market during the forecast period.
The stainless steel sub-segment is expected to hold a prominent share in the global thermos bottle market during the forecast period. People are shifting towards stainless steel bottles due to increasing awareness about the health and environmental issues that may occur from using bottles of plastic or other materials. Plastic bottles contain BPA, which leads to several health issues including fertility, altered brain development, cancer, and heart complications. Thus, the global population is getting more aware and conscious about their health and stopped drinking from plastic bottles. Additionally, several countries such as European Union, India, and China have banned the use of plastic bottles which is further contributing to the adoption and use of stainless steel thermos bottles. For instance, the Ministry of Environment, Forest and Climate Change, Government of India, has notified the Plastic Waste Management Amendment Rules, 2021, which prohibits identified single-use plastic items which have low utility and high littering potential by 2022.
Regional Outlooks
The global thermos bottle market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, the North American region is expected to hold a prominent share in the global thermos bottle market during the forecast period, followed by the Asia-Pacific.
Global Thermos Bottle Market Growth, by Region 2022-2028
North America is Expected to Hold a Prominent Share in the Global Thermos Bottle Market
The North American region is expected to hold a prominent share in the growth of the global thermos bottle market during the forecast period due to the high usage of thermos bottles in the household sector. The majority of the American population uses thermos bottles to store their drinks such as fruit juice, coffee, tea, smoothies, and others. The increasing consumption of ready-to-drink beverages drives the growth of the market. According to the Tea Association of USA. Inc., in 2019, Americans consumed over 84 billion servings of tea or more than 3.8 billion gallons. About 84% of all tea consumed was black tea, and 15% was green tea.
Market Players Outlook
The major companies serving the global thermos bottle market include Anhui Fuguang Life Technology Co. Ltd., BOROSIL, Hamilton Housewares Pvt. Ltd., Laken Productos Deportivos S.A., New Leaf Retail Technologies Pvt. Ltd. (Nestasia), and Others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in May 2021, a Scottish startup launched the “SWEAT” plant-based water bottle. The bottles are made from the waste stalks from harvesting wheat, which can be used as biofuel feedstock or animal feed, leading to reduced air quality and pollution. These bottles are available online for $34 in four pastel colors and are free from the controversial plasticizer bisphenol-A.
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Thermos Bottle Market by Technology
4.1.1. Hydration Tracking Apps
4.1.2. Sensor
4.1.3. Bluetooth
4.2. Global Thermos Bottle Market by Material
4.2.1. Stainless Steel
4.2.2. Plastic
4.2.3. Glass
4.2.4. Others
4.3. Global Thermos Bottle Market by Application
4.3.1. Household
4.3.2. Commercial
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Anhui Fuguang Life Technology Co. Ltd.
6.2. BOROSIL
6.3. Country Bean Pvt. Ltd.
6.4. EMSA GmbH
6.5. Hamilton Housewares Pvt. Ltd.
6.6. Klean Kanteen
6.7. Laken Productos Deportivos S.A.
6.8. Midea Group.
6.9. Nanlong Group Co., Ltd.
6.10. New Leaf Retail Technologies Pvt. Ltd. (Nestasia)
6.11. Panasonic Corp.
6.12. Steel Technology LLC – DBA Hydro Flask
6.13. Thermos L.L.C.
6.14. Vaya Drynk
6.15. WEKA BUSINESS MEDIEN GmbH
6.16. ZHE JIANG HAERS VACUUM CONTAINERS CO., LTD.
1. GLOBAL THERMOS BOTTLE MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
2. GLOBAL THERMOS BOTTLE WITH HYDRATION TRACKING APPS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL THERMOS BOTTLE WITH SENSOR MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL THERMOS BOTTLE WITH BLUETOOTH MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL THERMOS BOTTLE MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
6. GLOBAL STAINLESS STEEL THERMOS BOTTLE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL PLASTIC THERMOS BOTTLE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL GLASS THERMOS BOTTLE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL OTHER MATERIAL THERMOS BOTTLE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL THERMOS BOTTLE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
11. GLOBAL THERMOS BOTTLE FOR HOUSEHOLD MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL THERMOS BOTTLE FOR COMMERCIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL THERMOS BOTTLE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. NORTH AMERICAN THERMOS BOTTLE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
15. NORTH AMERICAN THERMOS BOTTLE MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
16. NORTH AMERICAN THERMOS BOTTLE MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
17. NORTH AMERICAN THERMOS BOTTLE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
18. EUROPEAN THERMOS BOTTLE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
19. EUROPEAN THERMOS BOTTLE MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
20. EUROPEAN THERMOS BOTTLE MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
21. EUROPEAN THERMOS BOTTLE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
22. ASIA-PACIFIC THERMOS BOTTLE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC THERMOS BOTTLE MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC THERMOS BOTTLE MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC THERMOS BOTTLE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
26. REST OF THE WORLD THERMOS BOTTLE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
27. REST OF THE WORLD THERMOS BOTTLE MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2021-2028 ($ MILLION)
28. REST OF THE WORLD THERMOS BOTTLE MARKET RESEARCH AND ANALYSIS BY MATERIAL, 2021-2028 ($ MILLION)
29. REST OF THE WORLD THERMOS BOTTLE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. GLOBAL THERMOS BOTTLE MARKET SHARE BY TECHNOLOGY, 2021 VS 2028 (%)
2. GLOBAL THERMOS BOTTLE WITH HYDRATION TRACKING APPS MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL THERMOS BOTTLE WITH SENSOR MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL THERMOS BOTTLE WITH BLUETOOTH MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL THERMOS BOTTLE MARKET SHARE BY MATERIAL, 2021 VS 2028 (%)
6. GLOBAL STAINLESS STEEL THERMOS BOTTLE MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL PLASTIC THERMOS BOTTLE MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL GLASS THERMOS BOTTLE MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL OTHER MATERIAL THERMOS BOTTLE MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL THERMOS BOTTLE MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
11. GLOBAL THERMOS BOTTLE FOR HOUSEHOLD MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL THERMOS BOTTLE FOR COMMERCIAL MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL THERMOS BOTTLE MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. US THERMOS BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
15. CANADA THERMOS BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
16. UK THERMOS BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
17. FRANCE THERMOS BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
18. GERMANY THERMOS BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
19. ITALY THERMOS BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
20. SPAIN THERMOS BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
21. REST OF EUROPE THERMOS BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
22. INDIA THERMOS BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
23. CHINA THERMOS BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
24. JAPAN THERMOS BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
25. SOUTH KOREA THERMOS BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
26. REST OF ASIA-PACIFIC THERMOS BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)
27. REST OF THE WORLD THERMOS BOTTLE MARKET SIZE, 2021-2028 ($ MILLION)