Thermos Bottle Market Updates

Global Thermos Bottle Market size was valued at USD 5.12 billion in 2023 and is poised to grow from USD 5.37 billion in 2024 to USD 7.87 billion by 2032, growing at a CAGR of 4.9% during the forecast period (2025-2032).

Global thermos bottle market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Thermos LLC (USA) ', 'Zojirushi Corporation (Japan) ', 'Tiger Corporation (Japan) ', 'Stanley (a brand of PMI Worldwide) (USA) ', 'Hydro Flask (a brand of Helen of Troy Limited) (USA) ', 'Klean Kanteen (USA) ', 'CamelBak (a brand of Vista Outdoor) (USA) ', 'SIGG Switzerland AG (Switzerland) ', 'LocknLock Co., Ltd. (South Korea) ', 'Tupperware Brands Corporation (USA) ', 'Midea Group Co., Ltd. (China) ', 'Panasonic Holdings Corporation (Japan) ', 'Zhejiang Haers Vacuum Containers Co., Ltd. (China) ', 'Nanlong Group Co., Ltd. (China) ', 'Anhui Fuguang Life Technology Co., Ltd. (China) ', 'Emsa GmbH (Germany) ', 'Contigo (a brand of Newell Brands) (USA) ', 'S'well (USA) ', 'Frank Green (Australia) ', 'Yeti Holdings, Inc. (USA)'

Major companies are keeping on innovating and launching new technology-based bottle items regularly to captivate customers, this in result, driving the sales of the thermos bottle on the account of environmental sustainability. Moreover, the increasing development of water bottle-related market campaigns by corporations will support to increase the rate of such items usage.

Thermos bottles are being used in commercial places such as restaurants and hotels for several reasons to keep their product securely including storing cold drinks, and keeping food hot at safe temperatures during transportation.

The North America region dominated the market with a 35 % share in 2021 because people in the region commonly use thermos flasks and bottles to keep ready-to-drink (RTD) fruit juices, coffee, tea, and milk products. The region is leading with the high demand for ready-to-drink liquid products in the U.S., and Canada. Furthermore, the rising indoor and outdoor leisure activities among the population in this region on the account of keeping themselves hydrated are driving the thermos bottle market growth in the region.