What is Global Kitchen Tools Market?
The Global Kitchen Tools Market is a vast and dynamic sector that encompasses a wide range of products used in both domestic and commercial kitchens worldwide. This market includes everything from basic utensils like spoons, forks, and knives to more specialized tools like peelers, graters, and can openers. The value of this market was estimated to be around US$ 28110 million in 2023, and it's projected to grow to US$ 37110 million by 2030, with a compound annual growth rate (CAGR) of 4.0% during the forecast period from 2024 to 2030. This growth is driven by various factors, including the increasing interest in home cooking, the rise of the foodservice industry, and the continuous innovation in kitchen tools design and functionality.
Cookware, Utensils, Other Tools and Gadgets in the Global Kitchen Tools Market:
The Global Kitchen Tools Market is segmented into different categories based on the type of products. These include cookware, utensils, and other tools and gadgets. Cookware refers to items used for cooking, such as pots, pans, and baking dishes. Utensils include tools used for preparing and serving food, like spoons, forks, knives, spatulas, and tongs. Other tools and gadgets encompass a wide range of items, from peelers, graters, and can openers to more specialized tools like garlic presses, apple corers, and zesters. Among these, utensils make up the largest segment, accounting for over 38% of the market.
Domestic Use, Commercial Use in the Global Kitchen Tools Market:
The Global Kitchen Tools Market caters to both domestic and commercial use. In the domestic sector, kitchen tools are used in everyday home cooking. They are essential for preparing meals, from chopping and slicing ingredients to stirring and serving dishes. On the other hand, in the commercial sector, kitchen tools are used in various foodservice establishments like restaurants, cafes, and catering businesses. These tools are crucial in professional kitchens, where they help chefs and cooks prepare large volumes of food quickly and efficiently.
Global Kitchen Tools Market Outlook:
Looking at the market outlook, the Global Kitchen Tools Market is set for significant growth in the coming years. In 2023, the market was valued at US$ 28110 million. By 2030, it's expected to reach US$ 37110 million, growing at a CAGR of 4.0% during the forecast period from 2024 to 2030. This growth is driven by various factors, including the increasing interest in home cooking, the rise of the foodservice industry, and the continuous innovation in kitchen tools design and functionality. The market is dominated by the top three players, who collectively account for approximately 10% of the total market. In terms of product type, utensils make up the largest segment, with a share of over 38%.
| Report Metric | Details |
| Report Name | Kitchen Tools Market |
| Accounted market size in 2023 | US$ 28110 million |
| Forecasted market size in 2030 | US$ 37110 million |
| CAGR | 4.0% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Groupe SEB, Newell Brands, Williams Sonoma, IKEA, Zwilling JA Henckels, Meyer Corporation, Conair Corporation, Lifetime Brands, China ASD, Linkfair, The Cookware Company, De Buyer, BERNDES, Neoflam, Kai Corporation, Fissler, Le Creuset, Wüsthof Dreizack, Sanhe Kitchenware, OMS, Maspion, Browne Group Inc., Giza |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
