Stainless Steel Vacuum Bottle Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.
Los Angeles, CA -- (SBWIRE) -- 12/13/2019 -- QYR Consulting has announced the release of a new report, titled "Global Stainless Steel Vacuum Bottle Market Report: Company Analysis, History and Future Overview, Global Sales Trends by 2025." According to the report, the global Stainless Steel Vacuum Bottle market is anticipated to grow at a robust CAGR of little more than 6.0 % between 2019 and 2025. By the end of 2025, the global market value is expected to touch US$ 6.9 Bn, increasing from that of US$ 4.5 Bn reached in 2018. The global Stainless Steel Vacuum Bottle market could be mainly driven by two crucial factors, viz. innovation and technological advancement. Manufacturers are predicted to focus on introducing new products to improve their sales growth in the global Stainless Steel Vacuum Bottle market.
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Segmental Analysis
High Demand in Outdoor Application to Support Growth of Global Market
The global Stainless Steel Vacuum Bottle market is segmented into adult products and children products by type. The authors of the report have also studied key application segments of the global Stainless Steel Vacuum Bottle market, viz. outdoors and households. Increasing popularity of adventure sports and growing interest in outdoor recreational activities are expected to promise growth to the global Stainless Steel Vacuum Bottle market. Stainless Steel Vacuum Bottle offers convenience in carrying water, sports drinks, and other beverages while maintaining their original temperature.
Regional Coverage
Demand for Stainless Steel Vacuum Bottle to Grow in Warm and Cold Countries
Countries with hot weather conditions as well as those with cold weather conditions are anticipated to create demand for Stainless Steel Vacuum Bottle. This could be due to the ability of Stainless Steel Vacuum Bottle to keep warm drinks warm and cold beverages cold even in varying or opposite weather conditions. Thus, manufacturers could benefit from the global demand for Stainless Steel Vacuum Bottle during the forecast period. The report sheds light on market developments, trends, market growth, growth rate, and other key factors of all important regional Stainless Steel Vacuum Bottle markets.
Key Players
Some of the leading players of the global Stainless Steel Vacuum Bottle market are Thermos, Haers, Zojirushi, Tiger, Nanlong, Shine Time, Hydro Flask, Klean Kanteen, Chinawaya, Fuguang, SIBAO, S'well, and EMSA.
Market Dynamic
Attractive Product Features to Help Manufacturers Appeal to More Consumers
Availability of a range of products with different attractive color options is expected to positively impact sales in the global Stainless Steel Vacuum Bottle market. People who frequently travel could increase their use of stainless steel vacuum bottle as it can maintain the temperature of both hot and cold drinks for several hours. Products with features such as durable food-grade stainless steel exterior and interior, leak-proof lid, insulated lid that doubles as a cup, and double wall vacuum insulation are anticipated to gain strong demand in the global Stainless Steel Vacuum Bottle market.
Stainless Steel Vacuum Bottle can be used in outdoor activities, including golfing, cycling, running, and hiking, at workplace, and at home. Use of Stainless Steel Vacuum Bottle in different applications could significantly contribute to the global market growth.
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