Emery Jensen Insider

SECTION TITLE HERE 22 INSIDER HYDRATION More stringent legislative polices for single-use plastic water bottles driving demand for reusable water bottles. Stainless-steel tumbler and drinkware segments exhibit high growth representing 41% of category sales. The ability to keep liquids cold longer, or stay hot longer across a multitude of hydration occasions is driving size variation growth. NEW TECH DRIVING GROWTH THE LEADING STYLES THE TIMES ARE CHANGIN’ The United States beverageware category is a $2.1 billion market, and growing! * $2.1 BILLION Bottles over 32oz generated $43M in growth from 2018 to 2020. THIRSTY? Consumers are exploring new sizes to match functional and lifestyle needs during different hydration occasions. ONE FOR WORK, THE CAR, EXERCISE, ETC * Statistics according to leading industry experts.