Wearable Tailgating Keg Market Size & Share, by Material (Light weight Nylon, Padded Shoulder Straps, Mesh Bag); Storage (One Tanker, Two Tanker, Three Tanker); Distribution Channel (Online, Offline), End-user (Domestic, Commercial) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

Growth Driver

• Increasing demand of portable items
  People today are shifting to the products that are easy to use and portable rather than the products that are difficult to carry and use. Wearable tailgating keg can be carried anywhere on account of its portability and contain a mesh bag in order to carry the cups. On the back of this, the market is predicted to grow over the forecast period.
• Easy to advertise a drinking product
  This product lets a person to carry any type of drink anywhere. Companies manufacturing drinks can advertise through this by sending their staff to different places so that people can get a taste of their product and several people can get to know about the product. As a result of this, the market for wearable tailgating keg is anticipated to grow in the upcoming years.
• Increasing Demand of Alcohol
  The lifestyles of the consumer are changing at a rapid rate. Presently, alcohol has become an important part of a number of parties held at clubs and other such events. With the help of this product, the person can earn money by charging a particular price per glass from the people in the parties. This is anticipated to significantly expand the global wearable tailgating keg market.

Challenges

• Cannot carry more than a particular quantity
  Wearable tailgating keg has a particular quantity set and cannot carry beyond that. Thus, if a company wishes to advertise through this medium, they cannot cover a large population due to its less storage capacity. Hence, this factor is estimated to act as a barrier to the growth of the market.
• Can cause back related issues
  This is a heavy product and has to be carried on the back, hence, this may cause back related issues to the person who is carrying it for a long period of time. This is estimated to hinder the growth of wearable tailgating keg market in the future.
• Higher price with respect to the product
  Wearable tailgating keg is sort of a storage device for drinks. It does not involve any kind of technical complexities and therefore the price of the item is high as compared to the product offered. This factor is predicted to limit the growth of wearable tailgating keg market in the upcoming years.