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Mug Market Consumer Trends, Hospitality Demand, and Growth Outlook | #ceramic mugs # customized coffee mugs # travel mugs # insulated mugs # promotional mugs # stainless steel mugs

Mug Market Consumer Trends, Hospitality Demand, and Growth Outlook

Mug Market Consumer Trends, Hospitality Demand, and Growth Outlook

The global mug market was valued at USD 28.09 billion in 2024 and is expected to reach USD 58.05 billion by 2032 During the forecast period of 2025 to 2032 the market is likely to grow at a CAGR of 9.50%, primarily driven by the increasing demand for personalized and eco-friendly mugs.