In the competitive tumbler market, Lock&Lock has to face many competitors. Three direct competitors of Lock&Lock in tumbler market: 1. Hydro Flask: established in 2009, is a leading American brand that has become synonymous with hydration on the go. High-quality, vacuum-insulated bottles and tumblers that keep drinks ice-cold for 24 hours and piping hot for up to 6 hours. Some products of Hydro Flask: The bottles: The Tumbler: The brand image of Hydro Flask: Adventure: Hydro Flask promotes an active lifestyle by pointing out the wonders of nature and encouraging discovery. From casual hikers to professional athletes, a wide range of people are drawn to their striking colors and stylish patterns. Sustainability: Hydro Flask is dedicated to preserving the environment, which is why they utilize materials free of BPA and collaborate with environmental organizations. Additionally, they are promoting ethical production techniques and lowering their carbon footprint. Community: Similar to Yeti, Hydro Flask cultivates a robust group of adventure-seekers that are passionate about the outdoors and the brand. They participate actively in events and on social media. Strength and weakness of Hydro Flask: Strength: Excellent Insulation: Drinks stay ice-cold for up to 24 hours and piping hot for up to 6 hours thanks to Hydro Flask's double-wall vacuum insulation technology, which is among the best on the market. Because of this, they're perfect for everything from lengthy excursions to backyard cookouts. Durable Construction: Products from Hydro Flask are long-lasting. Their rust- and dent-resistant stainless steel structure makes them ideal for even the roughest of expeditions. Weakness: Price: Products from Hydro Flask are regarded as premium and have premium pricing. For some customers, this might be a deterrent, particularly when contrasted with less expensive goods. Weight: Hydro Flask's stainless steel construction makes their products heavier than some plastic or aluminum alternatives. This may be a consideration for backpackers or hikers who prioritize lightweight gear. 2. Contigo Contigo is a popular brand of travel cups and mugs with leak-proof designs, innovative features, and a focus on convenience. When it was launched in 2003, Contigo wasn't the inventive, impervious-toleak soda king that it is now. The first thing it notices on its voyage is that cups are messy! Traveling with coffee is made more difficult by drips, spills, and forgotten lids. Some product of Contigo: Contigo Tumbler Brand Image: Balancing Innovation, Convenience, and Fun Contigo tumblers have cultivated a multifaceted brand image that resonates with a diverse audience. Here's a breakdown of its key elements: Balancing Innovation, Convenience, and Fun Focus on functionality: Contigo prioritizes inventions that provide practical solutions to everyday customer concerns rather than just introducing glitzy technology. Their easy-toclean designs, one-handed lids, and leakproof technology are prime examples. Travel-Friendly Features (convienent): Many tumblers have insulated bodies, leakproof lids, and compact designs, making them ideal for on-the-go hydration. Bright Colors and Designs(Fun and Playful): Contigo offers a variety of vibrant colors and playful designs, especially in their kid-friendly lines, distancing themselves from a purely utilitarian image and injecting a sense of fun and personality. Strengths: Leak proof Technology: Contigo's primary selling point is its spill-proof and leak-proof technology. They utilize various innovative mechanisms like patented AUTOSPOUT® lids and push-button controls to guarantee a mess-free drinking experience. Convenient Features: A lot of Contigo tumblers have easy-to-clean lids, dishwasher safety, one-handed operation, and insulated stainless steel bodies that maintain drinks' temperature for a long time. Weaknesses: Price: Contigo tumblers can be a little more expensive than other companies that cater to a lower budget because of their emphasis on premium materials and cutting-edge technologies. Bulkiness: Compared to minimalist solutions from other brands, some Contigo designs, especially those with intricate lids and mechanics, may be larger. 3. Sunhouse: Established in 1970, Sunhouse has grown to become a major player in the Vietnamese household goods market, offering a wide range of products including rice cookers, pressure cookers, kitchen utensils, and kitchenware sets. food and glass cups. Some products of Sunhouse: Brand image of Sunhouse: Sunhouse's brand image is associated with practicality and closeness to Vietnamese families. Practicality: Sunhouse views its glass cups as dependable allies in daily life, highlighting their adaptability and appropriateness for a range of events, from heading to the office to embarking on outdoor excursions. Closeness to Vietnamese families: +Comparing Sunhouse's products with other international companies such as Yeti or Hydro Flask, especially their drinking glasses, one can usually conclude that they are more reasonably priced. This opens them up to a larger group of Vietnamese families who place a higher priority on usefulness and value. +In Vietnam, Sunhouse is a well-known local brand with an established history. With multiple production sites in Vietnam, Sunhouse is able to maintain quality control and accommodate regional tastes. Because of this, they have an advantage over only imported brands in terms of comprehending the requirements and standards of Vietnamese families. -Strenghth: +Strong construction and premium materials, such as stainless steel, are used by Sunhouse to create its tumblers, ensuring both quality and durability. For Vietnamese families who appreciate useful and sturdy household goods, this guarantees that their products are robust and long-lasting. +Many Vietnamese consumers can buy Sunhouse thermos due to significantly reduced prices from high-end international brands such as Yeti or Hydro Flask. This affordability is a big plus in a market where consumers are picky about price. (AFFORDABLE PRICE) -Weaknesses: +Leak-proof: Despite having leak-proof lids, some user reviews remark the odd spill or leak, particularly when compared to companies that are well-known for their sealing technology. +Limited customization: Customers seeking something more distinctive may find Sunhouse more appealing than some competitors' customization possibilities, such as color selections or personalized engraving. Three-indirect competitors of Lock&Lock tumbler: 1. Glass bottles: Because natural glass is non-toxic and leak-proof, your water will taste clean and pure. Nothing artificial or undesirable permeates your drink.Some people think that drinking out of a glass might improve mood and aid with digestion. Many people vouch for the benefits of avoiding contact with other materials, notwithstanding the paucity of scientific proof. Strength of glass bottles: -Affordable price: In Vietnam, customers can easily find glass bottle everywhere. The price of glass bottles in Vietnam from 1$ to 10$ which is cheaper than the price Lock&Lock tumbler Weakness of glass bottles: -Fragility: Glass is more prone to breaking than metal or plastic, especially single-walled bottles. For further security against unintentional drops, take into account solutions with two walls. Some image of glass bottles: 2. Leak-proof plastic bottles: Leak-proof plastic bottles are lightweight and portable, making them perfect for travel or outdoor activities. For safety, use products without BPA. The leak-proof plastic bottles are very popular with Vietnamese because of the variety of designs and the convenience. Strength of leak-proof plastic bottles: -Compared to glass or metal bottles, leak-proof plastic options tend to be more budget-friendly. This makes them a good choice for those who are looking for a cost-effective way to stay hydrated..Plastic bottles are much cheaper than tumblers. Weaknesses of leak-proof bottles: -In general, plastic is not as insulating as other materials, thus in hot weather, your water may warm up faster or cool down faster. While they might not be as efficient as glass or metal bottles, insulated plastic bottles can still be an advantage. Some images of leak-proof bottles: 3. Hydration bladders: Hydration bladders, which are constructed of a flexible material like silicone or polyurethane, hold water inside. They allow you to drink without using your hands since they feature a tube that exits your bladder and finishes in a mouthpiece. Strength of hydration bladders: -Hydration bladder is very suitable for athletes and people who love outdoor activities. Hydration bladder is a convenient way to stay hydrated during activities when you don't want to stop and take a drink from a water bottle. It is also lightweight and don't take up as much space as a traditional water bottle. Weakness of hydration bladders: -Hydration bladder need to be cleaned very often to prevent mold and mildew growth. Moreover, the hydration bladder is very expensive if comparing with bottles. Some images of hydration bladders: