Market Overview:
The global bar tools market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for premium cocktails and rising disposable income of consumers. In addition, the growing trend of home bars is also contributing to the growth of this market. On the basis of type, the global bar tools market can be segmented into cocktail glasses, cocktail shakers, decanters, bottle openers and others. Among these segments, cocktail glasses are expected to witness highest growth during the forecast period owing to their increasing use in home bars and restaurants. On the basis of application, this market can be segmented into home bars, commercial bars and others (such as events). Commercial bars are expected to account for a major share in terms of revenue in 2018 owing to rising demand from hotels & restaurants sector across different regions worldwide.
Product Definition:
A Bar Tool is a tool used in a bar, typically to make cocktails. Some of the more common bar tools are shakers, jiggers, strainers, and muddlers.
Cocktail Glasses:
Cocktail glasses are used for serving and drinking various types of beverages such as cocktails, mocktails, and other mixed drinks. The growth factor in the market is increasing consumer preference towards alcoholic beverages over non-alcoholic drinks. Also, growing nightlife culture among millennials is driving the demand for cocktail glasses in bars across the globe.
The global bar industry has been witnessing significant growth over the past few years on account of rising number of pubs.
Cocktail Shakers:
Cocktail shakers are small metal containers that are used in bars and restaurants for mixing various alcoholic beverages such as cocktails. The size of the container ranges from 2 to 8 ounces. They come with a lid or without one as per the requirement. The primary function of these shakers is to prevent glasses/glasses holder from getting broken due to rough handling by customers while serving on the counter or tables in bars and restaurants respectively.
Application Insights:
The bar application segment led the global market and accounted for more than 54.0% share of the total revenue in 2017. The growth is attributed to an increase in the number of bars and pubs at a global level. A significant factor that affects the overall revenue share held by this segment is exchange rates, which affect product prices when translated from local currency to foreign currencies such as USD, EURO or GBP.
The home application segment is expected to witness a CAGR of XX% over the forecast period owing to increasing consumption of alcohol among all age groups including millennials and Generation Z across major countries such as Germany, U.S.
Regional Analysis:
North America dominated the global bar tools market in 2017. The U.S., being the most industrialized nation, has a well-established bar culture which is followed by many countries around the world. As per an article published in Eater, a blog dedicated to food and drink, in 2018 more than 70% of bars and pubs across London use shakers instead of servingware for making cocktails because it helps them serve drinks faster. Shakers are also used at bars across New York City as they help bartenders serve drinks quickly thereby keeping guests happy. Asia Pacific is expected to be one of the fastest growing regions with a CAGR close to 9% from 2018 to 2030 owing to increasing number of cocktail lounges and Bars within hotels & resorts as well as residential areas that serves alcohol beverages such as beer & ciders and spirits such as gin, vodka etc.).
Growth Factors:
- Increasing demand for premium and customized bar tools
- Rising popularity of home bars and DIY cocktails
- Growing demand from the hospitality sector
- Proliferation of online retail platforms that sell bar tools
- Innovation in design and functionality of bar tools
Scope Of The Report
Report Attributes
Report Details
Report Title
Bar Tools Market Research Report
By Type
Cocktail Glasses, Cocktail Shakers, Decanters, Bottle Openers, Others
By Application
Home, Bar, Others
By Companies
The Vollrath Company, OXO, Nambé, Norpro, Vacu Vin, Rabbit, Quick Strain Tins, Barware Styles, Epic Products, Carlisle FoodService Products, The Vollrath Company, Cresimo, Cocktail Kingdom, Mixology＆Craft, Sahm International, Zenan, Luigi Bormioli, Riedel, Ocean, Ngwenya Glass, Shotoku Glass, Zwiesel Kristallglas AG, ARC International, RBT, Zwiesel
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Bar Tools Market Report Segments:
The global Bar Tools market is segmented on the basis of:
Types
Cocktail Glasses, Cocktail Shakers, Decanters, Bottle Openers, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home, Bar, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- The Vollrath Company
- OXO
- Nambé
- Norpro
- Vacu Vin
- Rabbit
- Quick Strain Tins
- Barware Styles
- Epic Products
- Carlisle FoodService Products
- The Vollrath Company
- Cresimo
- Cocktail Kingdom
- Mixology＆Craft
- Sahm International
- Zenan
- Luigi Bormioli
- Riedel
- Ocean
- Ngwenya Glass
- Shotoku Glass
- Zwiesel Kristallglas AG
- ARC International
- RBT
- Zwiesel
Highlights of The Bar Tools Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cocktail Glasses
- Cocktail Shakers
- Decanters
- Bottle Openers
- Others
- By Application:
- Home
- Bar
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bar Tools Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Business Expansion Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bar tools are a set of specialized tools used in the bartending profession. These include items such as jigger, shaker, strainer, and measuring cups and spoons.
Some of the major companies in the bar tools market are The Vollrath Company, OXO, NambƒÂ©, Norpro, Vacu Vin, Rabbit, Quick Strain Tins, Barware Styles, Epic Products, Carlisle FoodService Products, The Vollrath Company, Cresimo, Cocktail Kingdom, Mixology¯Â¼â€ Craft, Sahm International, Zenan, Luigi Bormioli, Riedel, Ocean, Ngwenya Glass, Shotoku Glass, Zwiesel Kristallglas AG, ARC International, RBT, Zwiesel.
The bar tools market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bar Tools Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bar Tools Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bar Tools Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bar Tools Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bar Tools Market Size & Forecast, 2018-2028
4.5.1 Bar Tools Market Size and Y-o-Y Growth
4.5.2 Bar Tools Market Absolute $ Opportunity
Chapter 5 Global Bar Tools Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bar Tools Market Size Forecast by Type
5.2.1 Cocktail Glasses
5.2.2 Cocktail Shakers
5.2.3 Decanters
5.2.4 Bottle Openers
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bar Tools Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bar Tools Market Size Forecast by Applications
6.2.1 Home
6.2.2 Bar
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bar Tools Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bar Tools Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bar Tools Analysis and Forecast
9.1 Introduction
9.2 North America Bar Tools Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bar Tools Market Size Forecast by Type
9.6.1 Cocktail Glasses
9.6.2 Cocktail Shakers
9.6.3 Decanters
9.6.4 Bottle Openers
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bar Tools Market Size Forecast by Applications
9.10.1 Home
9.10.2 Bar
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bar Tools Analysis and Forecast
10.1 Introduction
10.2 Europe Bar Tools Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bar Tools Market Size Forecast by Type
10.6.1 Cocktail Glasses
10.6.2 Cocktail Shakers
10.6.3 Decanters
10.6.4 Bottle Openers
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bar Tools Market Size Forecast by Applications
10.10.1 Home
10.10.2 Bar
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bar Tools Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bar Tools Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bar Tools Market Size Forecast by Type
11.6.1 Cocktail Glasses
11.6.2 Cocktail Shakers
11.6.3 Decanters
11.6.4 Bottle Openers
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bar Tools Market Size Forecast by Applications
11.10.1 Home
11.10.2 Bar
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bar Tools Analysis and Forecast
12.1 Introduction
12.2 Latin America Bar Tools Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bar Tools Market Size Forecast by Type
12.6.1 Cocktail Glasses
12.6.2 Cocktail Shakers
12.6.3 Decanters
12.6.4 Bottle Openers
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bar Tools Market Size Forecast by Applications
12.10.1 Home
12.10.2 Bar
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bar Tools Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bar Tools Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bar Tools Market Size Forecast by Type
13.6.1 Cocktail Glasses
13.6.2 Cocktail Shakers
13.6.3 Decanters
13.6.4 Bottle Openers
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bar Tools Market Size Forecast by Applications
13.10.1 Home
13.10.2 Bar
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bar Tools Market: Competitive Dashboard
14.2 Global Bar Tools Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 The Vollrath Company
14.3.2 OXO
14.3.3 Nambé
14.3.4 Norpro
14.3.5 Vacu Vin
14.3.6 Rabbit
14.3.7 Quick Strain Tins
14.3.8 Barware Styles
14.3.9 Epic Products
14.3.10 Carlisle FoodService Products
14.3.11 The Vollrath Company
14.3.12 Cresimo
14.3.13 Cocktail Kingdom
14.3.14 Mixology＆Craft
14.3.15 Sahm International
14.3.16 Zenan
14.3.17 Luigi Bormioli
14.3.18 Riedel
14.3.19 Ocean
14.3.20 Ngwenya Glass
14.3.21 Shotoku Glass
14.3.22 Zwiesel Kristallglas AG
14.3.23 ARC International
14.3.24 RBT
14.3.25 Zwiesel
