Global Cutlery Industry (2020 to 2025) - North America will hold a Considerable Market Share - ResearchAndMarkets.com

DUBLIN--()--The "Global Cutlery Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering.

The global cutlery market is projected to grow at a CAGR of 3.59% to reach US$1,128.037 million by 2025, from US$912.886 million in 2019.

Increasing demand from consumers in order to improve their dining experience and kitchen aesthetics.

The changing lifestyle of people and the shift in the eating etiquette trends have resulted in the consumers to purchase different types of cutlery or a complete set of cutlery. This includes spoons, forks that are suited to specific purposes such as dessert forks, and table forks and tablespoons, teaspoons, and dessert spoons among others in order to make their eating experience more aesthetically pleasing and efficient. This is thereby augmenting the market growth.

The rising interest among the cooking enthusiasts to try different cuisines and try to make new dishes is encouraging them to improve their cutlery collection.

Product Offerings by key market players in the cutlery market space

The offering of better and advanced varieties of cutlery with enhanced quality and materials such as stainless steel and Damascus steel among other properties by existing and new players is estimated to lead to increased adoption and propel the market growth further over the forecast period.

The North American region to hold a considerable share over the forecast period

The North American region is expected to hold a significant amount of share over the forecast period owing to the fact there are market players involved in catering to the demands of the consumers by offering top-quality cutlery sets and products. In addition, there is an influx of investments for R&D activities in order to source better raw materials and composition material so as to make the cutlery products more effective and efficient.

The increasing popularity and the rising trend of edible cutlery in order to minimize the amount of plastic waste.

The fast-food chains and restaurants provide plastic cutlery for the takeout meals that the increasing number of individuals are purchasing over the past few years, which results in improper disposal of plastic waste and has led to pollution in the environment. According to the NRDC, the plastic cutlery from the takeout order ends up in the environment of polluting the oceans, and around 269,000 tons of plastic is swept to the shores every year and poses dangers to the marine life. This has encouraged some of the individuals and startups such as Bakeys, which was established in India in 2010, to find a solution to this problem by launching their edible cutlery product in order to stop the pollution caused by plastic. Therefore, edible cutlery is gaining immense popularity and traction among individuals and making them aware of the hazards of plastic pollution. This factor will also attract a lot of new entrants over the next few years and boost the market share of his segment over the feat period.

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

4.1. Market Drivers

4.2. Market Restraints

4.3. Porters Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. Global Cutlery Market Analysis, by Product Type

5.1. Introduction

5.2. Forks

5.2.1. Table Fork

5.2.2. Dessert Fork

5.2.3. Others

5.3. Spoons

5.3.1. Teaspoon

5.3.2. Tablespoon

5.3.3. Dessert

5.3.4. Others

5.4. Knives

5.4.1. Bread Knife

5.4.2. Meat Knife

5.4.3. Dessert Knife

5.4.4. Others

6. Global Cutlery Market Analysis, by Price Range

6.1. Introduction

6.2. Low End

6.3. Medium Range

6.4. Premium

7. Global Cutlery Market Analysis, by Material

7.1. Introduction

7.2. Stainless Steel

7.3. Plastic

7.4. Silver

7.5. Others

8. Global Cutlery Market Analysis, by Distribution Channel

8.1. Introduction

8.2. Online

8.3. Offline

9. Global Cutlery Market Analysis, by Geography

9.1. Introduction

9.2. North America

9.3. South America

9.4. Europe

9.5. Middle East and Africa

9.6. Asia Pacific

10. Competitive Environment and Analysis

10.1. Major Players and Strategy Analysis

10.2. Emerging Players and Market Lucrativeness

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Vendor Competitiveness Matrix

11. Company Profiles

11.1. BkerBaumwerk GmbH Solingen

11.2. Carl Schmidt Sohn GmbH

11.3. Kyocera International, Inc.

11.4. BergHOFF

11.5. Ergo Chef

11.6. Stanley Rogers

11.7. Fiskars Group

11.8. W.Wright

11.9. KitchenAid

11.10. ZWILLING

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900