According to the report of Transparency Market Research, from 2018 to 2023, the revenue of the covered tumbler is expected to reach 2.5 billion U.S. dollars, with a compound annual growth rate (CAGR) of 6.8%.
Following the popularity of tumbler with lids, steel cups also became popular. According to the same report, by 2026, stainless steel tumbler is estimated to bring a compound annual growth rate of 5.8%. In 2018, the sales revenue of stainless steel tumbler was approximately US$730 million.
The increased demand for tumbler is attributed to opportunities for fitness, travel and outdoor recreational activities (such as hiking and camping). The stainless steel tumbler has efficient heat preservation performance, durability and lightness, making it a viable product.
There is also additional demand for creative and attractive wine products, customized gifts, and company and promotional accompanying cups. The tumbler is environmentally friendly and can be a good substitute for plastic containers, thus increasing its appeal.
Besides, Niche markets are booming, offering a variety of options, making products look more innovative and appealing to the masses.
How To Find A Wholesaler Of Tumbler
Many newbies are confused about how to find reliable suppliers for the wholesale stainless steel tumbler business. Some of them spend a lot of time identifying important suppliers. Therefore, I have included some tips to help you find quality stainless steel tumbler wholesalers.
.Make Sure Wholesalers Are The Best Fit For Your Business/Brand
Finding a good wholesale cup maker is often a personal matter.
While references on the Internet and suggestions from other entrepreneurs can be helpful, you should always be committed to working with the vendor that best suits your business/brand.
It is worth noting that the business models do differ. Thus, what works for one entrepreneur may not work for another.
.Attend A Local Trade Fair
This is a very effective way to work with wholesale stainless steel tumbler supplier who may work with you.
Trade shows allow you to connect with people whose business aspirations/interests are similar to yours.
If you find a tumbler you like during the exhibition, you can exchange contact information with the wholesaler.
If you find that a product and supplier will serve you and your customers, continue to establish a business relationship with the supplier.
.Use Google
Google is always the ideal resource for startups and mature bottle makers.
By Googling ‘Tumbler’s wholesale distributors’, you should be able to find a wholesale stainless steel tumbler distributors that you can work with.
From our background data analysis, some customers searched ‘Tairdrop Tumbler Wholesaler UK’, ‘Water Bottle Manufacturers USA’ etc. In order to find the local tumbler wholesaler they want. What’s more, and some customers added some brand words to find us, like ‘Water Bottle Manufacturer HydroFlask’.