U.S. Mug Market - Industry Trends and Forecast to 2031
The U.S. mug market is expected to reach USD 10,935.29 million by 2031 from USD 7,612.42 million in 2023, growing at a CAGR of 4.7% in the forecast period of 2024 to 2031.
Market SegmentationU.S. Mug Market, By Type (Classic Mug, Travel Mug, Tumblers, Demitasse, Soup Mug, Drinkware, Glasses, and Others), Material Type (Ceramic, Stainless Steel, Glass, Porcelain, Plastic, Bone China, Melamine, and Others), Product Type (Pour Over Mug, Double Walled Mug, Lidded Mug, Temperature Controlled Mug, Personalized Mug, Mugs With Snack Tray, Footed Mug, Novelty Mug, Vintage Mug, 3D Mug, and Others), Capacity (Less than 400 ml, 401-600 ml, 601-800 ml, 801-1000 ml, and More than 1000 ml), Handle Type (Open Handle, Closed Handle, Handleless, and O Handle Mugs), Shape (Round Belly Mug, Diner Mug, Tankard Mug, Tall Belly Mug, Camper Mug, Abby Mug, Straight Mug, Rancher Mug, and Others), End User (Commercial and Household/Residential), Distribution Channel (Offline and Online) - Industry Trends and Forecast to 2031
Overview of the U.S. Mug Market Dynamics
Drivers
• Rise in the popularity of thermal-resistant drinkware
• Growth in café culture and rising consumption of specialty coffee
• Rising trend in the adoption of customized and personalized mug products
Restraints
• Adherence to stringent quality and safety standards for food-grade containers
Opportunities
• Ongoing R&D associated with mug products
• Incorporation of corporate gifting and brand merchandising
Market PlayersSome of the major players operating in the U.S. mug market are:• LocknLock Co.
• Libbey
• TUPPERWARE
• Steelite International
• Lenox Corporation
• Thermos L.L.C.
• ZOJIRUSHI CORPORATION
• Liberty Works, LLC
• Bormioli Luigi S.p.A.
• Gouda, Inc.
• HPG
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