Insulated Food and Beverage Carriers Market to Witness Sales Slump in Near Term Due to COVID-19; Long-term Outlook Remains Positive 2020-2030 August 2020
Report Id : REP-GB-12242
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Research Methodology (1/2) Systematic Research Approach 1 Market profiling
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Data validation
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Insights
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In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. FMI formulates a detailed discussion guide to conduct expert and industry interviews FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts FMI conducts interviews with industry experts, industry players, distributors and retailers Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry FMI delivers industry insights and information in the required format (PDF)
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Insulated Food and Beverage Carriers Market Analysis Insulated Food and Beverage Carriers Market Outlook Growing popularity of insulated packaging which aims to provide fresh food as per required convenience of hot or cold food. The rising demand for quality and fresh food is driving the purchase of insulated food and beverage carriers.
The constant rise in the working population and long work duration in the developing countries like China and India are promoting the scope of medium-sized insulate food and beverage carriers for keeping the food fresh and warm for longer periods. The stainless steel insulated food and beverage carrier is on higher demand as they are considered to be safe, non-toxic and non-reactive and also useful for carrying acidic foods. The stainless steel insulated food and beverage carrier also limit the transfer of bacteria and odour. They also provide an excellent break resistance and food safety and are expected to prompt the growth of the insulated food and beverage carriers market over the forecast period.
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Insulated Food and Beverage Carriers Market Analysis Food Quality and Safety Driving the Demand for Insulated Food and Beverage Carriers The growing awareness of the benefits of eating healthy food and constant rise in the working population are the key factors anticipated to drive the insulated food and beverage carriers market. The changing lifestyle, rising disposable income, increasing health issues, and hectic work schedules have increased the online sales of food which remains a major factor projected to have a positive growth of the insulated food and beverage carriers market over the forecast period. The number of internet users in India has reached 481 Mn by December 2017. This scenario is expected to bolster the growth of the e-commerce industry in the near future. The growth of the food delivery apps and the steady increase of ready to eat food consumers boost the sales of insulated food and beverages carriers.
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Insulated Food and Beverage Carriers Market Analysis Insulated Food and Beverage Carriers Market: Segmentation The insulated food and beverage carriers market can be segmented based on product type, thermos capacity, number of food storage containers, and distribution channel. By Product Type • Stainless Steel
• Plastic • Others By Thermos Capacity • 11 Ounces
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Insulated Food and Beverage Carriers Market Analysis • 11 to 15 Ounces • 16 to 23 Ounces
• 24 to 34 Ounces • 35 Ounces & above By Food Storage Containers • One • Two to Four
• Five to Seven • Eight and above
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Insulated Food and Beverage Carriers Market Analysis By Distribution Channel • Online
• Hypermarket/ Supermarket • Specialty Store • Convenience Store • Others
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