Thermos Bottle Market by Material (Stainless Steel, Plastic, Glass, and Others), by Application (Household and Commercial), by North America (United States, Canada, Mexico), by Europe (Germany, France, Italy, Spain, United Kingdom, Netherlands, Rest of Europe), by Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), by South America (Brazil, Argentina, Rest of South America), by MEA (Middle East, Africa) Forecast 2024-2032
The Thermos Bottle Market size was valued at USD 4.93 USD Billion in 2023 and is projected to reach USD 6.93 USD Billion by 2032, exhibiting a CAGR of 4.98 % during the forecast period. A thermos is a bottle with insulator inside, which is commonly made from two separate walls. During construction, the air between the two walls is wiped out and the much-reduced pressure inside forms a vacuum. Unlike some other kinds of appliances that do contain an element designed to heat up for a duration of time before losing heat, a thermos is designed to block heat from escaping so heat- maintaining contents remains warm for as long as possible. The thermos flask classification uses material as one of the criteria in its categories so aluminum, glass, plastic, steel, and stainless steel. Vacuum flasks are made up of two layers. The inner layer is made of either glass or stainless steel and holds liquid while the outer bottle is designed to insulate by making it of metal. Thermos cans are becoming more and more eco-friendly, as they can be reused. The tempo that the consumers are changing the use of the thermal bottles to save them from chemical intoxication that has been introduced during manufacturing.
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The Asia-Pacific region is expected to dominate the market due to increasing urbanization and a growing health-conscious population. North America and Europe are also significant markets, driven by established outdoor activities and fitness cultures.
Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of % from 2018-2032 |
Segmentation |
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