Market Overview:
The Ice Cube Tray Market size is estimated to reach $702.5 Million by 2031, growing at a CAGR of 4.5% during the forecast period 2025-2031, according to a recent report published by IndustryARC, titled, “Ice Cube Tray - By Material (Silicone, Plastic, Stainless Steel, Aluminum, and Rubber), By Shape (Standard, Large Ice, Sphere, Mini (Crushed Ice), Hexagonal, Cylindrical, and Diamond), By Cube Capacity (Small Capacity [Up to 10 cubes per tray], Medium Capacity [10 – 25 cubes per tray], Large Capacity [26–48 cubes per tray], Extra-Large Capacity [50+ cubes per tray]), By Distribution Channel (Online, Offline), By End-Use Industry (Household Use, Food & Beverage, Healthcare, Catering, Commercial Refrigeration, and Others), By Geography Analysis - Global Opportunity Analysis & Industry Forecast, 2025-2031.”
The increase in consumer preference for chilled beverages, rising demand for sustainable and eco-friendly innovative trays, and DIY beverage demand for custom ice molds at home are fueling the growth of the Ice Cube Tray industry during the forecast period 2025 – 2031.
North America Dominated the Market in 2025
Growing consumer preferences for sustainable products for premium beverage experiences are boosting the Ice Cube Tray Market combined with the need for materials like BPA-free silicone trays, and stainless-steel molds. Additionally, consumer preference for fascinating drinks with custom-shaped Ice Cube Trays has further boosted the Ice Cube Tray Market. For instance, in March 2024, according to a study by Boowan Nicole, North America embraced custom ice cube molds with open arms to enjoy their beverages whether it could be at a bar or a restaurant or even from their comfort zones(home). Additionally, ice cube molds have evolved beyond basic kitchen tools, and now they have gained widespread popularity having innovative uses worldwide. For instance, in February 2025, according to the U.S. Bureau of Labor Statistics, frozen noncarbonated juices and drinks rose 5.3% in 2023, driving demand for Ice Cube Trays as consumers seek creative molds for in-home innovative beverages.
Ice Cube Tray Market: Key Takeaways
Consumers seeking chilled beverages
Consumer’s preference towards chilled beverages is a growing trend and custom Ice Cube Trays have increased their preference even more to enjoy the experience. For instance, in January 2025, according to Consumer Research by OpenTable, it was revealed that 41% of Americans are likely or very likely to drink mocktails/non-alcoholic drinks at a restaurant. This shows the growing preference for chilled mocktails and other drinks that come with ice cubes to enhance the drinking experience. Adding to this another significant 32% of millennials said they would choose a mocktail over a soft drink because it feels like more of a treat as they are freshly made driving silicone-based Ice Cube Trays. Additionally, social media influence made aesthetic ice cubes a must-have for visually appealing drinks further boosting the market’s growth.
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Demand for sustainable and eco-friendly trays
Growing environmental concerns impacted consumers' choice of sustainable Ice Cube Trays. Traditional plastic trays contribute to waste and pollution, driving demand for BPA-free, reusable, and compostable alternative Ice Cube Trays. Current trends show consumers’ choice of silicone Ice Cube Trays as it makes it easy to pull out the ice from the tray with great ice without breaking the shape. Many online stores like Amazon, Flipkart, and Alibaba.com are increasingly selling silicon-made Ice Cube Trays upon consumer’s demand for silicon and stainless-steel Ice Cube Trays. Additionally, in February 2024, PwC stated that online shopping has become essential in India's tier-2, 3, and 4 cities, accounting for 80% of festive 2023 sales on Meesho and Amazon. This e-commerce growth boosts Ice Cube Tray Market due to the demand of consumers in seeking modern kitchen essentials.
Scope of the Report
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Recent Developments:
• In April 2024, Stanley launched its new 3-piece ice cube silicone cylinder ice mold that is setting a new trend that is equipped with ice retrievers and is said to make the process pleasant.
• In January 2024, Adoric launched large Ice Cube Trays and sphere molds for slow-melting ice, perfect for cocktails and beverages.
Ice Cube Tray Market: Competitive Landscape
Key companies profiled in the Ice Cube Tray Market are Tovolo, OXO, Rubbermaid, W&P, LEKUE, Crystal Cubes, LLC, Glacio, HIC (Harold Import Company), Shaped Ice Molds, and IKEA Systems B.V and Others
Relevant Reports:
APAC Carbonated Soft Drinks Market - Carbonated soft drink manufacturing industry includes bottled products such as cola, fruit flavored carbonated drinks, tonic water, carbonated bottled water and various other products. The carbonated drinks have a fizzy taste that is considered pleasant by consumers.
Beverages & Soft Drinks Market - Beverages & Soft Drinks Market Size is estimated to reach $169.3 billion by 2027 and it is poised to grow at a CAGR of 4.8% over the forecast period of 2022-2027. Any liquid that can quench the thirst after drinking it is known as a beverage.
Beverage Cans Market - The Beverage Cans Market size is estimated to reach $55.2 billion by 2027. Furthermore, it is poised to grow at a CAGR of 5.7% over the forecast period of 2022-2027. Beverage cans are made of metal which is fully recyclable without loss of quality. Beverage cans help to cool quickly and feel extra fresh to the touch.
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