The cutting boards market is likely to hold the global market at a moderate CAGR of ~6.6% during the forecast period. The global market holds a forecasted revenue of ~US$ 2.9 Billion in 2022 and is likely to cross ~US$ 5.5 Billion by the end of 2032.
The Cutting Boards market is anticipated to show promising growth prospects during the forecast period, expanding the Cutting Boards market size.
| Attribute | Details |
|---|---|
| The Cutting Boards Market Estimated Size (2021) | ~US$ 2.5 Billion |
| The Cutting Boards Market Estimated Size (2022) | ~US$ 2.9 Billion |
| The Cutting Boards Market Projected Size (2032) | ~US$ 5.5 Billion |
| The Cutting Boards Market CAGR (2022 to 2032) | ~6.6% |
There are number of equipment used in a kitchen, where it will be a household or a 5-star hotel. The most common one are most used tool among them is a cutting board. The main purpose of this tool is to provide a flat and sturdy surface while cutting the vegetables or meat.
The cutting boards are used by every business related to food, and they are always changing their form according to its use. But their use is not limited to just food industry, but other businesses like leather working, processing the leather for production of leather accessories, are also using the cutting boards.
The cutting boards are of different types and they vary according to their use. But most common ones are plastic and wooden boards. Along with these two types, glass and other materials are also showing increase in sales.
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Cutting boards are essential tool in every household. They are used daily, and its use is not just limited to household, they are used in restaurants and hotels too. These cutting boards help in easing the overall cutting process, as we just have to cut vegetables on these boards and carry them without any worry of spillage.
Some boards have facility to easily empty them in a dish or bowl, making space for next cutting session or cleaning. Nowadays, people are choosing high-quality cutting boards made of tempered glass or marble over wooden or plastic ones because they are more aware of the importance of eating healthily and how it affects daily life.
This is because frequent use causes the boards to deteriorate and become damaged, which serves as a breeding ground for bacteria in the board's creases and cuts.
As a result, many companies are focusing on manufacture of cutting boards using strong and sturdy material, and quality and value of sales rather than volume of sales. As the sales are rising, the raw material prices are also getting lower, encouraging local manufacturers to enter the competition. These factors are driving the market growth and have overall positive impact on cutting board market.
Due to COVID-19 outbreak, the lockdown was initiated worldwide. This lockdown had really bad impact on all the business. The main market of cutting board manufacturers were hospitality and restaurant businesses. As lockdown was called effective, all these business were closed for almost a year.
This halted the sales of cutting boards, as there was no demand. The domestic demand for cutting boards was unchanged, but domestic market is limited in comparison to the big players in food and hospitality sector.
Along with falling sales and low demands of cutting boards, COVID-19 made people aware of good hygiene and healthy lifestyle. The awareness led to increased use of boards made of sturdy and bacteria resistant, easy-to-clean material like glass, metal or marble.
The colour coding of cutting boards in another technique to prevent contamination and be safe, but there are chances that bacteria might find their way in the food. This change in preference led to decrease in plastic and wooden cutting boards demand, but increased demand for metal and marble boards, despite their high costs. These changes in trends and reduced demand are restraining the cutting board market.
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Despite increase in demand of cutting boards made of glass, steel or metal all around the world due to their safety and hygienic properties, Japanese people and restaurants are still sticking to authentic, cultural wooden boards.
Many Japanese chefs say that wooden cutting boards help in development of proper cutting technique and they also keep the blade safe and intact. They use the traditional wooden boards to ensure consistent performance and quality while preparing dishes.
Some key players in the Cutting Boards market are Adeco, Novica, BergHOFF, Zeller Present, Madeira, Catskill Craftsman, John Boos, Ukinox, ETAC, Vigo, MR Direct, Picnic Time, Mario Batali and Totally Bamboo and others.
These companies are providing number of baby care products ranging from shampoos to baby wipes. They are likely to contribute most to the Cutting Boards Market during forecast period.
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| Attribute | Details |
|---|---|
| Growth Rate | CAGR of ~6.6% from 2022 to 2032 |
| Base year for estimation | 2021 |
| Historical Data Available for | 2017 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative units | Revenue in USD Billion, volume in Units, 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, End User, Sales, Region |
| Country scope | USA, Canada, Mexico, Germany, UK, France, Italy, Spain, Russia, India, Thailand, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, UAE, South Africa |
| Key Companies Profiled | Adeco; Novica; BergHOFF; Zeller Present; Madeira; Catskill Craftsman; John Boos; Ukinox; ETAC; MR Direct; Vigo; Picnic Time; Mario Batali and Totally Bamboo.; Others |
| 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 Cutting Boards market is expected to reach a valuation of ~US$ 2.9 Bn in 2022.
Ease in handling, assured safety and reduced mess while cutting vegetables and meat are main positive aspects of cutting boards. Along with them, customization and overall safety are different drivers for the cutting boards market.
Leading players operating in Cutting Boards market are Adeco, Novica, BergHOFF, Zeller Present, Madeira, Catskill Craftsman, John Boos, Ukinox, ETAC, MR Direct, Vigo, Picnic Time, Mario Batali and Totally Bamboo and among others.
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Cutting Boards Market
