Global Demand for Insulated Drinkware Expected to Surge in the Coming Years

The market for thermos drinkware was estimated to be worth USD 2,990.50 million in 2023 and is expected to increase at a value-based compound annual growth rate (CAGR) of 5.60% from 2024 to 2034, reaching USD 5,425 million. This consistent growth is a result of consumer preferences for long-lasting, environmentally friendly, and temperature-regulating beverage containers, which are driving up demand for premium, insulated drinkware.