Bakeware Market Research Report- Forecast till 2027

Description

Bakeware Market Research Report- Forecast till 2027

Market Overview

As per this analysis, the market for bakeware is anticipated to grow at a CAGR of 5.60 percent and reach a sizeable value of USD 6,140,05 million by the end of 2027. Bakeware is any type of tool or equipment used to create baked goods, such as bowls, plates, tins, movable pins, molds, and others. To support the temperature of prepared food, bakeware must be heat-resistant. Customers want durable bakeware goods. The amount of food that sticks to the bakeware while heating is another important feature that customers consider when choosing bakeware.
The market for bakeware has grown rapidly over the past few years and is anticipated to increase at a CAGR of 5.60% during the coming years. The bakeware market is expanding due to the rise of commercial bakeries and the rising popularity of non-stick cookware. However, it is anticipated that the growing tendency of eating out may impede the expansion of the market for bakeware globally. In addition, it is anticipated that the Covid-19 lockdown and the rising popularity of home cooking and baking will provide a lucrative potential for the market.

Segment Overview

Cups, tins & trays, pans & dishes, rolling pins, and other items make up the product type. The market is divided into commercial and home segments based on end users. Based on distribution channels, the market for bakeware is divided into store-based and non-store-based segments.

Regional Analysis

North America, Europe, Asia-Pacific, and the Rest of the World are the regions into which the worldwide bakeware market study has been divided. In 2020, Europe held the greatest market share (32.31%); by 2027, it is expected to reach up to USD 1,917.54 million, growing at a CAGR of 4.85%. By 2027, Asia-Pacific is anticipated to grow at a healthy CAGR of 7.16%.
North America had a market worth USD 1,327.77 million in 2020 and is anticipated to grow at a CAGR of 4.9 percent over the next five years. Due to the rapid expansion of industrial bakeries in the region, North America is the second-largest market for bakeware worldwide. North America is of the second biggest market for the worldwide bakeware market attributable to the hearty development of business bread shops in the area.
Europe represented a market size of USD 1,358.46 million in 2020 and is supposed to show a CAGR of 4.85% during the conjecture time frame. The essential driver for the development of the bakeware market in the European nations is the rising interest in heated items, for example, bread containing entire grain, high in fiber, without gluten, or sound and sustained bread.

Major Players

The key players in the global Bakeware market are WMF Group (Germany), Calphalon (U.S.), Oneida Group (U.S.), Reynolds Consumer Products (U.S.), Nordic Ware (U.S.), USA Pan (U.S.), Motiba Silicone (India), Indigo Metalware (India), and Wonderchef Kitchenware (India).

COVID 19 Impacts

We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 12

1.1 MARKET ATTRACTIVENESS ANALYSIS 14

1.1.1 GLOBAL BAKEWARE MARKET, BY PRODUCT TYPE (2020) 14

1.1.2 GLOBAL BAKEWARE MARKET, BY DISTRIBUTION CHANNEL (2020) 15

1.1.3 GLOBAL BAKEWARE MARKET, BY END USER (2020) 16

1.1.4 GLOBAL BAKEWARE MARKET, BY REGION 17

2 MARKET INTRODUCTION 18

2.1 DEFINITION 18

2.2 SCOPE OF THE STUDY 18

2.3 MARKET STRUCTURE 18

3 RESEARCH METHODOLOGY 19

3.1 RESEARCH PROCESS 19

3.2 PRIMARY RESEARCH 20

3.3 SECONDARY RESEARCH 21

3.4 MARKET SIZE ESTIMATION 22

3.5 TOP DOWN & BOTTOM UP APPROACH 22

3.6 FORECAST MODEL 23

3.7 LIST OF ASSUMPTIONS 24

4 MARKET DYNAMICS 25

4.1 INTRODUCTION 25

4.2 DRIVERS 26

4.2.1 GROWTH OF COMMERCIAL BAKERIES 26

4.2.2 LAUNCH OF NON-STICK BAKING UTENSILS 26

4.2.3 DRIVERS IMPACT ANALYSIS 26

4.3 RESTRAINTS 27

4.3.1 RISING TREND OF DINING OUT 27

4.3.2 RESTRAINTS IMPACT ANALYSIS 27

4.4 OPPORTUNITIES 27

4.4.1 ONSET OF COVID LOCKDOWN AND GROWING TREND OF HOME COOKING/BAKING 27

5 MARKET FACTOR ANALYSIS 28

5.1 SUPPLY/VALUE CHAIN ANALYSIS 28

5.1.1 RAW MATERIAL PROVIDERS 29

5.1.2 MANUFACTURING 29

5.1.3 DISTRIBUTORS & RETAILERS 29

5.1.4 END USER 29

5.2 PORTER’S FIVE FORCES MODEL 30

5.2.1 THREAT OF NEW ENTRANTS 30

5.2.2 BARGAINING POWER OF SUPPLIERS 31

5.2.3 BARGAINING POWER OF BUYERS 31

5.2.4 THREAT OF SUBSTITUTES 31

5.2.5 INTENSITY OF RIVALRY 31

6 GLOBAL BAKEWARE MARKET, BY PRODUCT TYPE 32

6.1 OVERVIEW 32

6.2 CUPS 33

6.3 TIN & TRAYS 33

6.4 PANS & DISHES 34

6.5 ROLLING PIN 34

6.6 OTHERS 34

7 GLOBAL BAKEWARE MARKET, BY DISTRIBUTION CHANNEL 36

7.1 OVERVIEW 36

7.2 STORE BASED 37

7.2.1 SUPERMARKETS & HYPERMARKETS 37

7.2.2 CONVENIENCE STORES 38

7.2.3 OTHERS 38

7.3 NON-STORE BASED 38

8 GLOBAL BAKEWARE MARKET, BY END USER 39

8.1 OVERVIEW 39

8.2 COMMERCIAL 40

8.3 HOUSEHOLD 40

9 GLOBAL BAKEWARE MARKET, BY REGION 41

9.1 OVERVIEW 41

9.2 NORTH AMERICA 43

9.2.1 US 45

9.2.2 CANADA 46

9.2.3 MEXICO 47

9.3 EUROPE 48

9.3.1 GERMANY 50

9.3.2 FRANCE 51

9.3.3 UK 52

9.3.4 ITALY 53

9.3.5 SPAIN 54

9.3.6 REST OF EUROPE 55

9.4 ASIA-PACIFIC 56

9.4.1 CHINA 58

9.4.2 INDIA 59

9.4.3 JAPAN 60

9.4.4 AUSTRALIA & NEW ZEALAND 61

9.4.5 REST OF ASIA PACIFIC 62

9.5 REST OF WORLD 63

9.5.1 MIDDLE EAST 65

9.5.2 AFRICA 66

9.5.3 LATIN AMERICA 67

10 COMPETITIVE LANDSCAPE 68

10.1 COMPETITIVE OVERVIEW 68

10.2 MARKET STRATEGY 68

10.3 GLOBAL BAKEWARE MARKET: COMPANY SHARE ANALYSIS 69

11 COMPANY PROFILES 70

11.1 CALPHALON, LLC 70

11.1.1 COMPANY OVERVIEW 70

11.1.2 FINANCIAL OVERVIEW 70

11.1.3 PRODUCTS OFFERED 71

11.1.4 SWOT ANALYSIS 71

11.1.5 KEY STRATEGIES 72

11.2 REYNOLDS CONSUMER PRODUCTS LLC 73

11.2.1 COMPANY OVERVIEW 73

11.2.2 FINANCIAL OVERVIEW 73

11.2.3 PRODUCTS OFFERED 74

11.2.4 SWOT ANALYSIS 74

11.2.5 KEY STRATEGIES 75

11.3 NORDIC WARE 76

11.3.1 COMPANY OVERVIEW 76

11.3.2 PRODUCTS OFFERED 76

11.3.3 SWOT ANALYSIS 77

11.3.4 KEY STRATEGIES 77

11.4 USA PAN 78

11.4.1 COMPANY OVERVIEW 78

11.4.2 PRODUCTS OFFERED 78

11.4.3 SWOT ANALYSIS 79

11.4.4 KEY STRATEGIES 79

11.5 THE ONEIDA GROUP INC. 80

11.5.1 COMPANY OVERVIEW 80

11.5.2 PRODUCTS OFFERED 80

11.5.3 SWOT ANALYSIS 81

11.5.4 KEY STRATEGIES 81

11.6 MOTIBA SILICONE PRIVATE LIMITED. 82

11.6.1 COMPANY OVERVIEW 82

11.6.2 PRODUCTS OFFERED 82

11.6.3 KEY STRATEGIES 82

11.7 INDIGO METALWARE 83

11.7.1 COMPANY OVERVIEW 83

11.7.2 PRODUCTS OFFERED 83

11.7.3 KEY STRATEGIES 83

11.8 WMF GROUP 84

11.8.1 COMPANY OVERVIEW 84

11.8.2 PRODUCTS OFFERED 84

11.8.3 KEY STRATEGIES 84

11.9 PRIMMA G.R.A. 85

11.9.1 COMPANY OVERVIEW 85

11.9.2 PRODUCTS OFFERED 85

11.10 WONDERCHEF HOME APPLIANCES PVT. LTD 86

11.10.1 COMPANY OVERVIEW 86

11.10.2 PRODUCTS OFFERED 86

11.10.3 KEY STRATEGIES 86

12 APPENDIX 87

12.1 REFERENCES 87

12.2 RELATED REPORTS 87