Prospects of Global Mug Industry: Ken Research
Ken research has released
recent report on the growth estimates of the global mug industry. The report
titled “global
mug industry in-depth investigation and analysis report 2017” studies
global growth trends of the mug industry, with focus on north America, Europe,
China, Japan, southeast Asia and India. It provides useful data on mug
production, consumption, revenue, import and export in these regions, from 2011
to 2016, and also has forecast up to 2020. The report discusses external
environment analysis including environment analysis and economic analysis. It
details information on capacity, production and revenue analysis.
The report illustrates that
the mug industry market is saturated in economically developed regions.
However, the demand for mugs is rising in emerging economies such as china, India,
and brazil. The demand is likely to show a steep increase in future. Currently the global consumer mug market is
dominated by the United States, Europe, Japan, and China. They account for nearly
half the consumer market share.
According, to our analysts
the average output growth rate of mug industry in china is likely to increase
rapidly in near future. The mug market remains promising in the emerging
economies, for investors. The statistics and research information provided by
the report is of value in guiding companies, investors and business persons who
are interested in mug market.
Regions and
countries covered in the report
North America
China
Europe
Japan
Other
Industry
outlook
The mug industry is diverse
in terms of products with companies offering customized products. From the
classic old plane mugs to mugs adorned with celebrity pictures, there are a
whole lot of products to cater to customer needs. Mugs are a great gifting
option apart from their normal daily use in homes or offices. With a cagr of 2.2% for five years, the mug
industry has good growth prospects in future.
The growth in the mug industry
can be due to a variety of reasons among them is the use of innovative designs
that attract the costumers. A change in technology has also lead to boon of mug
industry. With advances in colouring and designing of the mug, has made them
more marketable.
Overall, it appears that
the developing economies are soon going to catch the developed countries in
terms of the global consumer market share for the mug industry.
Key Factors
Considered in the Report
Global Mug Industry Research
US Mug Industry Market Forecast
Europe Mug Industry Research
Japan Mug Industry Research
China Mug Industry Research Report
For more coverage click on the link below:
Related reports
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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