Global Stainless Insulated Bottle market will reach 5800 million US$ by the end of 2025
Published Date: 2019/2/1
A stainless insulated bottle is made of stainless steel, which is an insulating storage vessel that greatly lengthens the time over which its contents remain hotter or cooler than the bottle's surroundings.
Most of those famous manufacturers of Stainless Insulated Bottle are OEM or ODM by other companies. Such as Thermos is OEM by Haers; Fuguang is OEM by Chinawaya.
In the past few years, as the main raw material price was relatively stable, with the addition of a sharp increase in production capacity, expected that the Stainless Insulated Bottle raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and employee wages, will play a significant role in promoting the cost of Stainless Insulated Bottle.
There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality.
The global Stainless Insulated Bottle market is valued at 3890 million US$ in 2017 and will reach 5800 million US$ by the end of 2025, growing at a CAGR of 5.1% during 2018-2025.
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