Product Code: ETC006240 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
United Arab Emirates (UAE) Drinkware market currently, in 2023, has witnessed an HHI of 978, Which has decreased slightly as compared to the HHI of 1133 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United Arab Emirates (UAE) drinkware market is projected to grow at a moderate CAGR during the forecast period of 2025-2031. The growing disposable income and rise in tourism, as well as the increasing demand for quality products, are driving the growth of this market. There is also an increasing demand for convenient packaging solutions such as plastic cups and cans that make it easier to carry beverages with them on the go. Additionally, rising consumer awareness about food safety standards have been encouraging manufacturers to come up with innovative designs in plastic bottles and mugs that meet these safety requirements.
One of the major trends observed in this market is the increased focus on sustainability among consumers. Eco-friendly materials such as bamboo fiber and bioplastics are being used increasingly by manufacturers for producing reusable drinking containers that are both stylish and cost-effective. Moreover, companies are introducing attractive product designs including prints, colors, cartoon characters etc., which further boosts their appeal among customers of all ages
The key driver for this market growth has been an increase in disposable income coupled with strong economic growth over recent years leading to higher purchasing power across different sections of society within UAE???s population base. This has resulted in greater spending capacity especially when it comes to recreational activities like dining out or going on trips where people prefer using branded drinkware items over generic ones available locally due to better aesthetics & design features associated with them along with more convenience & ease while carrying around or consuming liquids from these vessels. Additionally government initiatives towards promotion of local tourism infrastructure & facilities will help create new avenues for businesses related to drinks consumption industry thereby providing impetus towards larger adoption rate witnessed by this sector
The key challenge faced by players operating within UAE???s drinkware industry comes from stringent environmental regulations imposed by governments regarding waste management systems making it difficult for brands manufacturing single use plastics based products stay competitive amid rapid shift towards greener alternatives provided by competitors. Moreover availability of counterfeit goods produced illegally poses huge risk factor affecting company profits due large discounts offered under cover without any legal implications attached resulting into lower revenue gains despite presence considerable customer demand. Lastly fluctuating prices commodities playing crucial role production processes pose significant downside risks considerations profitability front necessitating need timely decision support system secure steady cash flow operations ensuring survival business long term basis
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 United Arab Emirates (UAE) Drinkware Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Drinkware Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Drinkware Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Drinkware Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Drinkware Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Drinkware Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.7 United Arab Emirates (UAE) Drinkware Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
4 United Arab Emirates (UAE) Drinkware Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Drinkware Market Trends |
6 United Arab Emirates (UAE) Drinkware Market, By Types |
6.1 United Arab Emirates (UAE) Drinkware Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Drinkware Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Drinkware Market Revenues & Volume, By Glass, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Drinkware Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Drinkware Market Revenues & Volume, By Ceramic, 2021-2031F |
6.1.6 United Arab Emirates (UAE) Drinkware Market Revenues & Volume, By Polymer, 2021-2031F |
6.1.7 United Arab Emirates (UAE) Drinkware Market Revenues & Volume, By Other, 2021-2031F |
6.2 United Arab Emirates (UAE) Drinkware Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Drinkware Market Revenues & Volume, By Home, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Drinkware Market Revenues & Volume, By Hotel, 2021-2031F |
6.2.4 United Arab Emirates (UAE) Drinkware Market Revenues & Volume, By Restaurant, 2021-2031F |
6.2.5 United Arab Emirates (UAE) Drinkware Market Revenues & Volume, By Others, 2021-2031F |
6.3 United Arab Emirates (UAE) Drinkware Market, By Product Types |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) Drinkware Market Revenues & Volume, By Water bottle, 2021-2031F |
6.3.3 United Arab Emirates (UAE) Drinkware Market Revenues & Volume, By Tumblers, 2021-2031F |
6.3.4 United Arab Emirates (UAE) Drinkware Market Revenues & Volume, By Shakers, 2021-2031F |
6.3.5 United Arab Emirates (UAE) Drinkware Market Revenues & Volume, By Infusers, 2021-2031F |
6.3.6 United Arab Emirates (UAE) Drinkware Market Revenues & Volume, By Mugs & Cups, 2021-2031F |
7 United Arab Emirates (UAE) Drinkware Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Drinkware Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Drinkware Market Imports from Major Countries |
8 United Arab Emirates (UAE) Drinkware Market Key Performance Indicators |
9 United Arab Emirates (UAE) Drinkware Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Drinkware Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Drinkware Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.3 United Arab Emirates (UAE) Drinkware Market Opportunity Assessment, By Product Types, 2021 & 2031F |
10 United Arab Emirates (UAE) Drinkware Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Drinkware Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Drinkware Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |