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Electric Coffee Mugs Market Share

Report ID: GMI8175
Published Date: Feb 2024
Report Format: PDF

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Electric Coffee Mugs Market Share

Global Company Market Share Analysis, 2023

In 2023, dominant companies including Cauldryn, Glowstone, Burnout, Muggo, and Geezo collectively held a 20% - 30% market share. The market is highly fragmented with industry leaders actively engaged in strategic initiatives such as mergers & acquisitions, facility expansion, and partnerships to broaden their product portfolios, reach a wider customer base, and strengthen their market presence. These companies continuously invest in research & development to improve their products and incorporate new technologies, enabling them to stay ahead of the competition.

Electric Coffee Mugs Market Companies

Major companies operating in the electric coffee mugs industry include:

Cauldryn
Glowstone
Burnout
Muggo
Geezo
OHOM
Ember
ionMug
SMRTMUGG
CMG Technologies
Tanfel
CN Innovations
GIAN
Dou Yee Technologies
Future High-Tech

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of electric coffee mugs reached USD 1.54 billion in revenue in 2023 and is set to witness 4.6% CAGR between 2024 and 2032, owing to the increasing demand to offer convenience and ability to maintain the desired temperature for extended periods.

Cordless electric coffee mugs industry size generated USD 900 million in 2023, as these mugs are convenient for on-the-go use and several other features, such as automatic shut-off and temperature control.

North America market size was USD 495 million in 2023, attributed to the growing disposable incomes spurring consumers to spend more on electric coffee mugs.

Some of the leading manufacturers of electric coffee mugs are Cauldryn, Glowstone, Burnou, Muggo, Geezo, OHOM, Ember, ionMug, SMRTMUGG, CMG Technologies, and Tanfel.