Beer Mug Market to Grow by USD 13.67 Million in 2020, Arc Holdings and Bormioli Rocco Spa Emerge as Key Contributors to Market Growth | Technavio

Technavio has been monitoring the beer mug market and it is poised to grow by USD 13.67 million during 2020-2024, progressing at a CAGR of over 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Impact of COVID-19

The COVID-19 pandemic continues to transform the growth of various industries. However, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a Low impact on the beer mug market. The market growth in 2020 is likely to Decrease compared to the market growth in 2019.

Frequently Asked Questions-

• What are the major trends in the market?

• Growing number of pubs, bars, hotels, and home bars is one of the major trends in the market.

• At what rate is the market projected to grow?

• Growing at a CAGR of over 2%, the incremental growth of the market is anticipated to be USD 13.67 million.

• Who are the top players in the market?

• Arc Holdings, Bormioli Rocco Spa, Femora India Pvt. Ltd., Hamilton Housewares Pvt. Ltd., Libbey Inc., Ocean Glass Public Co. Ltd., Sisecam Group, Stolzle-Oberglas GmbH, Union Glass Co. Ltd., and Vetreria di Borgonovo Spa. are some of the major market participants.

• What are the key market drivers and challenges?

• Rising popularity of craft beer is one of the major factors driving the market. However, the criticality of inventory management and product sourcing restraints the market growth.

• How big is the APAC market?

• The APAC region will contribute 50% of market growth.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Arc Holdings, Bormioli Rocco Spa, Femora India Pvt. Ltd., Hamilton Housewares Pvt. Ltd., Libbey Inc., Ocean Glass Public Co. Ltd., Sisecam Group, Stolzle-Oberglas GmbH, Union Glass Co. Ltd., and Vetreria di Borgonovo Spa. are some of the major market participants. The rising popularity of craft beer will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this beer mug market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Beer Mug Market 2020-2024: Segmentation

Beer Mug Market is segmented as below:

• Distribution Channel
  • Offline
  • Online
• Geography
  • North America
  • APAC
  • Europe
  • South America
  • MEA

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Beer Mug Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The beer mug market report covers the following areas:

• Beer Mug Market Size
• Beer Mug Market Trends
• Beer Mug Market Analysis

This study identifies the growing number of pubs, bars, hotels, and home bars as one of the prime reasons driving the beer mug market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Beer Mug Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist beer mug market growth during the next five years
• Estimation of the beer mug market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the beer mug market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of beer mug market vendors

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019-2024

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Distribution channel

• Market segments
• Comparison by Distribution channel
• Offline - Market size and forecast 2019-2024
• Online - Market size and forecast 2019-2024
• Market opportunity by Distribution channel

Customer Landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Market drivers – Demand-led growth
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Arc Holdings
• Bormioli Rocco Spa
• Femora India Pvt. Ltd.
• Hamilton Housewares Pvt. Ltd.
• Libbey Inc.
• Ocean Glass Public Co. Ltd.
• Sisecam Group
• Stolzle-Oberglas GmbH
• Union Glass Co. Ltd.
• Vetreria di Borgonovo Spa

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

   

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