Temperature Controlled Mug Market Outlook - 2027
The global temperature controlled mug market size is experiencing significant growth and is expected to grow considerably in the next few years. The temperature-controlled mug is generally made up of reinforced stainless steel or ceramic materials. It comes with a matching coaster that acts as a charger. It holds a charge for about an hour and has a built-in LED light that notifies when drink is at the optimal temperature or running low on batteries. The LED light even has color options for multiple users or drinks
COVID-19 scenario analysis:
- The global temperature controlled mug market has been significantly impacted by the outbreak. New projects throughout the world have stalled, which have significant demand for the temperature controlled mug market.
- The global factories have struggled to manufacture and assemble new devices as workers have stayed in their homes and even the already available devices in various warehouses cannot be transported due to current rules and regulations, which disrupted the global supply chains.
- The impact of COVID-19 on this market is temporary as just the production and supply chain is stalled. Once the situation improves, production, supply chains, and demand for these products are gradually going to increase.
Top impacting factors: Market scenario analysis, trends, drivers and impact analysis
Increase in urban population has encouraged the use of temperature controlled mugs. Reckless lifestyles have transformed the food habits of human beings and people prefer to eat and drink while talking and working. Many manufacturers are innovating and designing the product to make it more attractive and durable. Online channel of distribution is a key factor driving the demand for temperature controlled mugs. Many brands sell their products online and give offers and discounts. Many private label companies have tie-ups with e-commerce companies to sell their products online.
Temperature controlled mugs have certain pros, which help in driving temperature controlled mug market demand. Numerous makers improve the item to make them more supportable and solid. Most temperature controlled mugs are dishwasher safe and can undoubtedly be washed without human intercession. Travel mugs forestall buildup, which shields encompassed things from getting soggy. However, temperature controlled mugs have a few hindrances that can influence the interest for the item. Some treated steel temperature controlled mugs can cause a metallic taste, particularly during the initial few uses. Treated steel additionally retains fluid particles and might make a waiting intuition with regards to the container that gets moved to different fluids. This factor is expected to diminish the temperature controlled mug market growth during the forecast time frame.
New product launches to boost the temperature controlled mug market
The new product launched by Ember is Ember Mug², which is created for office or home. It does more than just retaining coffee hot. It allows to control precise drinking temperature such that liquid contained in it is never too cold or hot. Ember’s technology makes it more efficient by building the warming segments straightforwardly into the mug & utilizing precision sensors to consider exact temperature guideline. It also uses the modern progresses in battery technology to give more time to enjoy hot drink and also has the complete consistency feature in which convection current at the molecular level circulates liquid from top to bottom, wherein every sip is perfectly even. It also has auto sleep feature, wherein it intelligently "wakes up" once hot liquid is transferred and "sleeps" when unfilled or not in use and also remembers last preferred drinking temperature.
Key benefits of the report:
- This study presents the analytical depiction of the global temperature controlled mug industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global temperature controlled mug market share.
- The current market is quantitatively analyzed to highlight the global temperature controlled mug market trends and growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed temperature controlled mug market analysis based on competitive intensity and how the competition will take shape in the coming years.
Questions answered in the temperature controlled mug market research report:
- Which are the leading market players active in the market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the temperature controlled mug market forecast?
- What are the projections for the future that would help in taking further strategic steps?
Temperature Controlled Mug Market Report Highlights
By Industry Vertical
Key Market Players
Thermos, Zojirushi, ZAP, Gorenje, Johnson Electric, Alicafe, TCM Corporation, Emerson Electric, Haier, MIYAGI