Development of Thermos Cups
Aug 28, 2023
Stainless steel vacuum insulation technology was invented in Japan at the end of the 1970s. It is an innovation in the production technology of vacuum flasks for daily use. This technology applies stainless steel materials to the manufacture of vacuum insulation cups. According to the principle of vacuum insulation, the vacuum formed in the double-layer stainless steel walls of the vessel is used to block heat transfer, so the temperature in the vessel can be maintained for a long time. Compared with traditional glass insulated containers, stainless steel vacuum flasks are an emerging consumer product, which has the advantages of good insulation performance, safety and portability. There are still many additional stainless-steel products such as thermos stainless steel food jar and thermos stainless king food jar, which are also very popular among consumers. With the fashionable appearance, it also has the function of energy saving and environmental protection. The product categories include vacuum flasks and thermal flasks. Various categories such as insulated lunch boxes and braised pots can be widely used in home, office and other fields.
Market Analysis of Vacuum Flask
The global turnover of the stainless-steel vacuum flask market was approximately $4136.20 million in 2018 and is expected to reach $5,553.07 million by 2025. We expect a compound annual growth rate of 4.12% for global turnover from 2019 to 2025.
At present, the main production area of the global stainless steel vacuum flask is China. In 2018, China has the world's largest stainless steel vacuum flask manufacturing and export area, accounting for 64.66% of the stainless-steel vacuum flask output. China's existing stainless-steel vacuum flask manufacturers are mainly concentrated in Zhejiang, Guangdong and other places. China has become a major producer and exporter of stainless-steel vacuum flasks in the world, and it is also the market with the highest consumption level of stainless-steel vacuum flasks in the world.
In the stainless-steel vacuum flask industry, the world's top four manufacturers include Thermos, Hals, ZOJIRUSHI and Tiger. In 2018, the four major manufacturers accounted for 22.01% of the global turnover of stainless-steel vacuum flasks, of which Thermos took the first place, accounting for approximately 11.71% of the market share. There are many manufacturers in China's stainless steel vacuum flask industry. At present, China has more than 500 stainless steel vacuum flask manufacturers, but most of them are not large in scale. Maibo is one of the companies specializing in cups, thermos and other products. Thermos food jar, lunch thermos, insulated food jar, etc. are our products.
Classification of Thermos Cups
At present, stainless steel vacuum flasks are mainly divided into vacuum stainless steel vacuum flasks and non-vacuum stainless steel vacuum flasks. Among them, vacuum stainless steel vacuum flasks are the main type of stainless-steel vacuum flasks. In 2018, a total of 624,240 thousand vacuum stainless steel vacuum flasks were consumed worldwide. It accounts for about 84.58% of the global market.
In 2018, the output value of non-vacuum stainless steel vacuum flask is 516.49 million dollars, and the market share is 12.49%. It is predicted that by 2025, the output value of non-vacuum stainless steel vacuum flask will reach 645.00 million dollars and 11.62% of the market share.
