| Product Code: ETC252567 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import trend for Singapore`s glass vacuum flask market showed a decline in growth from 2023 to 2024, with a rate of -26.19%. However, the compound annual growth rate (CAGR) for the period of 2020-2024 was 7.57%. This negative momentum in 2024 could be attributed to shifting consumer preferences or changes in trade policies impacting import volumes.
The Singapore glass vacuum flask market has seen a surge in demand owing to its focus on sustainability, health, and convenience. Glass vacuum flasks have gained popularity as an eco-friendly alternative to single-use plastic bottles, aligning with Singapore commitment to environmental conservation. The market offers a variety of sleek and functional designs, catering to consumers` on-the-go lifestyles. Additionally, the use of glass material resonates with health-conscious individuals who seek to avoid potential chemical leaching from plastic containers. As awareness of environmental issues grows, the market for glass vacuum flasks is anticipated to expand, driven by a combination of style, functionality, and ecological consciousness.
The Singapore glass vacuum flask market is driven by the increasing awareness of health and sustainability concerns among consumers. Glass vacuum flasks are preferred for their ability to keep beverages hot or cold for extended periods without compromising taste or safety. In a health-conscious society, consumers are turning away from plastic and stainless steel containers due to concerns about potential chemical leaching. Glass is considered a safe and inert material for food and beverage storage. Moreover, the sustainability aspect is crucial, as glass is fully recyclable and does not contribute to plastic waste in landfills or oceans. The market is also influenced by the demand for aesthetically pleasing and stylish flask designs that cater to consumers` preferences for both functionality and fashion. As consumers seek to reduce their environmental footprint and prioritize health, the glass vacuum flask market is witnessing steady growth.
In the Singapore glass vacuum flask market, one of the significant challenges is the growing popularity of alternative materials, such as stainless steel and plastic, for vacuum flasks. Glass vacuum flasks are prone to breakage, which can deter consumers looking for durability. The market must address concerns about the fragility of glass and enhance the safety features of these products. Additionally, maintaining competitive pricing while ensuring the quality of glass used can be challenging. Rising environmental concerns also demand sustainable production practices and materials, which may increase production costs.
The Singapore glass vacuum flask market faced challenges during the COVID-19 pandemic. With restrictions on outdoor activities and reduced travel, the demand for portable glass vacuum flasks declined. Many consumers postponed purchasing non-essential items, affecting sales. The market also experienced supply chain disruptions and delays in imports. However, as people focused on health and hygiene, there was a growing interest in carrying homemade beverages, which could be met by glass vacuum flasks. Additionally, online sales channels became essential for reaching consumers during the pandemic. Post-pandemic, the market is expected to recover gradually as consumer confidence returns and the importance of sustainable and reusable products continues to grow.
The Singapore Glass Vacuum Flask market is dominated by internationally recognized brands such as Thermos, Zojirushi, and Tiger Corporation. These companies have earned consumers` trust with their durable, insulated glass flasks that keep beverages hot or cold for extended periods. Their commitment to product safety and quality has made them leaders in the market, providing innovative solutions that cater to the needs of health-conscious individuals and those who appreciate the value of a reliable vacuum flask.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Glass Vacuum Flask Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Glass Vacuum Flask Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Glass Vacuum Flask Market - Industry Life Cycle |
3.4 Singapore Glass Vacuum Flask Market - Porter's Five Forces |
3.5 Singapore Glass Vacuum Flask Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Singapore Glass Vacuum Flask Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Singapore Glass Vacuum Flask Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the importance of using eco-friendly and reusable products |
4.2.2 Growing demand for hot and cold beverages on-the-go |
4.2.3 Rising disposable income leading to higher spending on premium and durable products |
4.3 Market Restraints |
4.3.1 Intense competition from alternative materials like stainless steel and plastic |
4.3.2 Fluctuating raw material prices affecting production costs |
4.3.3 Limited shelf space in retail outlets hindering product visibility |
5 Singapore Glass Vacuum Flask Market Trends |
6 Singapore Glass Vacuum Flask Market, By Types |
6.1 Singapore Glass Vacuum Flask Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Glass Vacuum Flask Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Singapore Glass Vacuum Flask Market Revenues & Volume, By 0.5 L, 2021-2031F |
6.1.4 Singapore Glass Vacuum Flask Market Revenues & Volume, By 0.6 L-1L, 2021-2031F |
6.1.5 Singapore Glass Vacuum Flask Market Revenues & Volume, By 1.1 L-1.5 L, 2021-2031F |
6.1.6 Singapore Glass Vacuum Flask Market Revenues & Volume, By 1.6L-2L, 2021-2031F |
6.1.7 Singapore Glass Vacuum Flask Market Revenues & Volume, By >2L, 2021-2031F |
6.2 Singapore Glass Vacuum Flask Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Singapore Glass Vacuum Flask Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.2.3 Singapore Glass Vacuum Flask Market Revenues & Volume, By Departmental Stores, 2021-2031F |
6.2.4 Singapore Glass Vacuum Flask Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.5 Singapore Glass Vacuum Flask Market Revenues & Volume, By Online Retail, 2021-2031F |
7 Singapore Glass Vacuum Flask Market Import-Export Trade Statistics |
7.1 Singapore Glass Vacuum Flask Market Export to Major Countries |
7.2 Singapore Glass Vacuum Flask Market Imports from Major Countries |
8 Singapore Glass Vacuum Flask Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms promoting eco-friendly lifestyle |
8.2 Number of new product innovations and designs introduced in the market |
8.3 Percentage of repeat purchases indicating customer satisfaction |
8.4 Growth in online sales and e-commerce presence |
8.5 Number of partnerships and collaborations with cafes and restaurants for product placement and promotion |
9 Singapore Glass Vacuum Flask Market - Opportunity Assessment |
9.1 Singapore Glass Vacuum Flask Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Singapore Glass Vacuum Flask Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Singapore Glass Vacuum Flask Market - Competitive Landscape |
10.1 Singapore Glass Vacuum Flask Market Revenue Share, By Companies, 2024 |
10.2 Singapore Glass Vacuum Flask Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |