Middle East & Africa Thermos Drinkware Market Size & Outlook
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MEA thermos drinkware market highlights
- The MEA thermos drinkware market generated a revenue of USD 171.5 million in 2023.
- The market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, water bottle was the largest revenue generating type in 2023.
- Mugs and Tumblers is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 171.5 million |
| Market revenue in 2030 | USD 253.3 million |
| Growth rate | 5.7% (CAGR from 2023 to 2030) |
| Largest segment | Water bottle |
| Fastest growing segment | Mugs and Tumblers |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mugs and Tumblers, Water Bottle, Beverage Bottle |
| Key market players worldwide | SIG Group AG Ordinary Shares, Thermon Group Holdings Inc, Tiger Brands Ltd, Vista Outdoor Inc, Stanley Black & Decker, Millicom International Cellular SA |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.8% of the global thermos drinkware market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 996.0 million by 2030.
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Thermos Drinkware Market Scope
Thermos Drinkware Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Millicom International Cellular SA | View profile | 16527 | 2, Rue du Fort Bourbon, Luxembourg, Luxembourg, L-1249 | https://www.millicom.com |
| Tiger Brands Ltd | View profile | 10323 | 3010 William Nicol Drive, P.O. Box 78056, Bryanston, Sandton, Johannesburg, GT, South Africa, 2146 | https://www.tigerbrands.com |
| Thermon Group Holdings Inc | View profile | 1416 | 7171 Southwest Parkway, Building 300, Suite 200, Austin, TX, United States, 78735 | https://www.thermon.com |
| SIG Group AG Ordinary Shares | View profile | 9000 | Laufengasse 18, Neuhausen am Rheinfall, Switzerland, 8212 | https://www.sig.biz |
| Vista Outdoor Inc | View profile | 7000 | 1 Vista Way, Anoka, MN, United States, 55303 | https://www.vistaoutdoor.com |
| Stanley Black & Decker | View profile | 50500 | 1000 Stanley Drive, New Britain, CT, United States, 06053 | https://www.stanleyblackanddecker.com |
Middle East & Africa thermos drinkware market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to thermos drinkware market will help companies and investors design strategic landscapes.
Water bottle was the largest segment with a revenue share of 56.56% in 2023. Horizon Databook has segmented the Middle East & Africa thermos drinkware market based on mugs and tumblers, water bottle, beverage bottle covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Middle East & Africa thermos drinkware market databook
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Our clientele includes a mix of thermos drinkware market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa thermos drinkware market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa thermos drinkware market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA thermos drinkware market size, by country, 2018-2030 (US$M)
Middle East & Africa Thermos Drinkware Market Outlook Share, 2023 & 2030 (US$M)
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