Toddler Sippy Cups Market to Expected To Hit A CAGR Of 5.0% By 2026

Toddler sippy cups materials have huge demand from various age groups such as < 12 Months, 12 to 24 Months, 2 to 4 Years, and > 4 Years, which is expected to drive growth of the global toddler sippy cups market considerably over the forecast period.

The first five-year cumulative revenue (2017–2021) is projected to be around US$ 6.8 Bn, which is estimated to increase moderately over the latter part of the five-year forecast period. The global toddler sippy cups market is estimated to value nearly US$ 1.2 Bn in 2017 and is projected to register a CAGR of 5.0% in terms of value during the forecast period 2017–2026.

The global toddler sippy cups market report has been segmented on the basis of type, application, and region.

On the basis of type, the global toddler sippy cups market has been segmented into plastic glass, and stainless steel. The plastic glass toddler sippy cups segment is estimated to account for major share in terms of revenue in the global toddler sippy cups market during the forecast period and also projected to register fastest growth over the forecast period.

Among the product type segments, the plastic type segment in the global toddler sippy cups market has been estimated to account for majority revenue share of US$ 745.8 Mn in 2017.

On the basis of application, the global toddler sippy cups market has been segmented into < 12 Months, 12 to 24 Months, 2 to 4 Years, and > 4 Years. The 2 to 4 Years toddler sippy cups segment is estimated to account for major share in the global toddler sippy cups market in terms of revenue, as toddler admissions in schools or day care centers begin by age of 2, and children of this age group are mostly fed juice, milk, etc. with sippy cups. This segment is also anticipated to register fastest growth rate over the forecast period.

Among the application segments, the 2 to 4-year segment in the global toddler sippy cups market is estimated to account for a majority revenue share of US$ 440.1 Mn in 2017.

On the basis of region, the global toddler sippy cups market is segmented into North America, Europe, China, Australia, Asia Pacific (Ex Australia & China), South America, and Middle East & Africa.

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Among the regions/countries, the global market has been segmented into North America, Europe, China, Australia, Rest of Asia Pacific, South America, and Middle East & Africa, and the market in North America is estimated to account for US$ 331.0 Mn in 2017.

Market in China is expected to account for major revenue share in the global toddler sippy cups market, and is projected to register highest growth in terms of revenue in the next ten years, owing to increasing demand for the product from 2 to 4 Years, and > 4 Years age group in across various region across the globe.

Key players operating in the global market include MAM Babyartikel GmbH, Philips Avent Holdings Limited, Munchkin, Inc., Richell Corporation, Thermos LLC, NUK USA LLC, The First Years Inc., Dr. Brown’s, Nuby Inc., Tommee Tippee (Mayborn Group Limited), Gerber (Nestlé S.A.), Lansinoh Laboratories, Inc., Pigeon Corporation, Combi Corporation, Lifefactory, Inc., and B.Box.

 

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