The cake base discs market is likely to register a CAGR of 2% during the forecast period and is anticipated to reach a market share of USD 50 Billion in 2032, from USD 40 Billion in 2020, owing to the multitude of shapes, functions, and customization options for cake base discs.
| Attributes | Details |
|---|---|
| Cake Base Discs Market CAGR | 2% |
| Cake Base Discs Market (2020) | USD 40 Billion |
| Cake Base Discs Market Size (2032) | USD 50 Billion |
Cake base discs are made from high-quality materials such as cardboard, paper, plastic, and wood to ensure the best possible presentation of a cake to clients on a shelf or at home, which is the biggest attraction for the sales of cake base discs.
The use of cake base discs to provide a strong foundation for the processing, storage, transportation, and display of cakes gives the cake base discs market a lot of room to grow.
The cake market was born out of the demand for personalized cakes. As customers seek customization, producers are focusing more on shapes, styles, and sizes, which has a direct impact on the demand for cake base discs.
Cake base discs made of cardboard paper are a more environmentally friendly option than plastic cake base discs. During the projection period, the global outlook for the cake base discs market is expected to be positive, owing to higher sales of the cake base discs.
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The availability of acrylic cake base disks is empowering bakers to create masterpieces while making the cake decoration process hassle-free. In addition to this, since small cakes are in high demand, sales of cake base disks with small diameters are likely to grow during the forecast period.
Besides this, manufacturers are focusing on creating cake base disks of different sizes, which is opening up a customer's market with the availability of choices, and boosting up the sales of cake base discs. Increasing proclivity towards online ordering of bakery items demands a sturdy and reliable means to ensure efficient delivery of cakes.
Demand for cake base discs for solid is growing to offer solid storage for cakes and bakery items during transportation. Paper-based cake discs or trays are an environmentally friendly alternative to polystyrene or plastic cake discs or trays, and manufacturers are investing more in their production.
Demand for cake discs that are produced from 100% biodegradable corrugated cardboard and are a sustainable resource is much higher than others, which is a major factor for greater cake base discs market share.
Principal Consultant
The presence of emerging economies, rising per capita income, and increased popularity of bakery and confectionery items in the Asia Pacific Excluding Japan (APEJ) region are expected to fuel demand for cake base discs over the forecast period. During the projected period, demand for cake base discs is expected to rise due to the expansion of the bakery and confectionery industries in Western Europe.
In terms of cake base discs market share, China is predicted to lead, while India is expected to develop at a rapid pace over the projection period. During the projected period, the cake base discs market in Japan is expected to develop at a moderate rate, with adequate sales of cake base discs.
The global cake base discs market, which is predicted to grow at a significant rate over the forecast period, is dominated by Western Europe and North America. During the projected period, the United States in North America and Germany in Western Europe are expected to maintain their dominance.
In terms of sales of cake base discs and growth rate, Brazil in Latin America is predicted to be quite lucrative during the forecast period. During the projection period, the Middle East and Africa region is expected to grow at a positive CAGR.
TN Packaging, Smurfit Kappa Group plc, Sabert Corporation, Mondi Group Plc, Wilton Brands LLC, New Method Packaging, and Sun Packaging are some key players in the cake base discs market, which contribute to the substantial cake base discs market share.
The research is based on firsthand experience, industry analysts' qualitative and quantitative analysis, and contributions from industry professionals and value chain players.
The study delves into parent market trends that influence the sales of cake base discs, as well as regulating factors and market attractiveness by category. The study also shows how important market factors affect market segmentation and geographies qualitatively.
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| Report Attribute | Details |
|---|---|
| Growth rate | CAGR of 2% from 2022 to 2032 |
| The base year for estimation | 2021 |
| Historical data | 2015 to 2020 |
| Forecast period | 2022 to 2032 |
| Quantitative units | Revenue in USD Million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis, |
| Segments Covered | Material type, thickness, sales channel, region |
| Regional scope | North America; Western Europe; Eastern Europe; Middle East; Africa; ASEAN; South Asia; Rest of Asia; Australia; and New Zealand |
| Country scope | United States of America, Canada, Mexico, Germany, United Kingdom, France, Italy, Spain, Russia, Belgium, Poland, Czech Republic, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, UAE, Iran, South Africa |
| Key companies profiled | TN Packaging; Smurfit Kappa Group plc.; Sabert Corporation; Mondi Group Plc; Wilton Brands LLC; New Method Packaging; and Sun Packaging |
| Customization scope | Free report customization (equivalent to up to 8 analysts' working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
The cake base discs market is anticipated to register a CAGR of 2% during the forecast period.
The cake base discs market share is anticipated to reach USD 50 Billion in 2032.
Demand for cake base discs is likely to rise, due to the multitude of shapes, functions, and customization options for cake base discs.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2015 to 2021 and Forecast, 2022 to 2032 5. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Material 5.1. Paper & Paperboard 5.2. Metal (Foil) 5.3. Plastic 6. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Thickness 6.1. Up to 8 mm 6.2. 9-15 mm 6.3. Above 15 mm 7. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Distribution Channel 7.1. Online 7.2. Offline 8. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. East Asia 8.5. South Asia 8.6. Oceania 8.7. Middle East and Africa 9. North America Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 10. Latin America Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 11. Europe Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 12. East Asia Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 13. South Asia Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 14. Oceania Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 15. Middle East & Africa Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country 16. Country-wise Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Smurfit Kappa Group 18.2. T N Packaging 18.3. New Method Packaging 18.4. Sun Packaging 18.5. Arife La Moulde 18.6. Lacupella Cake Decorating Tools and Stencils 18.7. En Papiers Europe 18.8. Doric FPD 18.9. Zhangjiagang Huadong 18.10. Roytec Global (Pty) Ltd 18.11. Kerekes Bakery & Restaurant Equipment Inc. 18.12. Sachetan packaging 19. Assumptions and Acronyms Used 20. Research Methodology
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Cake Base Discs Market
