Market Overview:
The global stainless steel kitchen utensils market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising disposable income, increasing demand for premium quality kitchen utensils, and growing awareness about hygiene and sanitation. In terms of type, the storage utensils segment is expected to lead the market during the forecast period, followed by washing utensils and flavoring utensils segments. Among applications, household segment is projected to lead the global stainless steel kitchen utensils market during 2018-2030 owing to increase in number of nuclear families across regions.
Product Definition:
A utensil is a kitchen tool such as a knife, fork, or spoon. Stainless steel is a type of metal that does not corrode and is resistant to stains. Kitchen utensils made from stainless steel are popular because they are easy to clean and do not rust.
Storage Utensils:
Storage utensils are used to store and carry food, cooking ingredients, serving ware and other items in the kitchen. The growth factor for stainless steel kitchen utensils market is consumer’s preference towards using environment-friendly products. Stainless steel is a type of metal which does not react with food or any other substances and thus it can be used for cooking as well as storing purposes without hampering the quality of food.
Washing Utensils:
Washing utensils and it's usage in stainless steel kitchen utensils market is a growing trend as people are concerned about the health and hygiene factor. The use of proper washing equipment is very much necessary to maintain the hygienic factor in kitchens, dining rooms, food processing units or any other working areas.
Application Insights:
The household application segment accounted for the largest share of more than 60.0% in 2017. The growth can be attributed to increasing demand from developed as well as developing countries, especially China and India, where households are expanding at a rapid pace due to growing income levels coupled with changing lifestyles of consumers towards convenience products including electric cooking appliances and kitchen equipment.
The restaurant segment is expected to expand at the fastest CAGR of XX% from 2018 to 2030 owing to rising number of restaurants across various geographies that are adopting modern technologies including online food ordering systems and mobile payment options for better management practices along with competitive pricing strategies that help them offer better services while maintaining operational costs low enough for profitability purposes without compromising on quality or service standards.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of households due to low income level and high population density. This scenario is likely to drive demand for stainless steel kitchen utensils in this region. China, India, Japan, South Korea are some of the prominent markets that are anticipated to have a strong demand for these products owing to increasing spending power among consumers coupled with rising disposable income levels especially after economic reforms were introduced in 1990s.
North America accounted for more than 20% share of total revenue in 2017 on account of growing preference towards healthy lifestyle coupled with rapidly expanding restaurant industry sector particularly in U.S.
Growth Factors:
- Increasing demand for premium kitchen appliances from the rising middle-class population in developing countries.
- Growing trend of modular kitchens and customized designs which is expected to increase the demand for stainless steel kitchen utensils over the forecast period.
- Increasing urbanization and growing disposable income are some of the other factors that are expected to fuel the growth of this market during the forecast period.
- Rising popularity of healthy cooking methods such as using less oil is also anticipated to boost demand for stainless steel kitchen utensils over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Stainless Steel Kitchen Utensils Market Research Report
By Type
Storage Utensils, Washing Utensils, Flavoring Utensils, Cooking Utensils, Dining Utensils
By Application
Household, Restaurant, Hotel, School Canteen, Enterprises & Institutions Canteen
By Companies
Zwilling, WMF, Supor, ASD, FISSLER, CALPHALON, Lifetime, AXA International Limited, Jiangmen East Stainless Steel Product Co., Shree Vallabh Metals, Zwilling, Xinhui Rixing
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
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Stainless Steel Kitchen Utensils Market Report Segments:
The global Stainless Steel Kitchen Utensils market is segmented on the basis of:
Types
Storage Utensils, Washing Utensils, Flavoring Utensils, Cooking Utensils, Dining Utensils
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
Household, Restaurant, Hotel, School Canteen, Enterprises & Institutions Canteen
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:
- Zwilling
- WMF
- Supor
- ASD
- FISSLER
- CALPHALON
- Lifetime
- AXA International Limited
- Jiangmen East Stainless Steel Product Co.
- Shree Vallabh Metals
- Zwilling
- Xinhui Rixing
Highlights of The Stainless Steel Kitchen Utensils 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:
- Storage Utensils
- Washing Utensils
- Flavoring Utensils
- Cooking Utensils
- Dining Utensils
- By Application:
- Household
- Restaurant
- Hotel
- School Canteen
- Enterprises & Institutions Canteen
- 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 Stainless Steel Kitchen Utensils 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.
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- Correctly Positioning New Products
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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?
Stainless steel kitchen utensils are made of a durable, high-quality metal that does not rust or corrode. They are ideal for use in the kitchen because they are easy to clean and do not require special care. Stainless steel is also a popular choice for cookware because it heats evenly and doesn't react with food.
Some of the major companies in the stainless steel kitchen utensils market are Zwilling, WMF, Supor, ASD, FISSLER, CALPHALON, Lifetime, AXA International Limited, Jiangmen East Stainless Steel Product Co., Shree Vallabh Metals, Zwilling, Xinhui Rixing.
The stainless steel kitchen utensils 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 Stainless Steel Kitchen Utensils 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 Stainless Steel Kitchen Utensils Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Stainless Steel Kitchen Utensils 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 Stainless Steel Kitchen Utensils 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 Stainless Steel Kitchen Utensils Market Size & Forecast, 2020-2028
4.5.1 Stainless Steel Kitchen Utensils Market Size and Y-o-Y Growth
4.5.2 Stainless Steel Kitchen Utensils Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Storage Utensils
5.2.2 Washing Utensils
5.2.3 Flavoring Utensils
5.2.4 Cooking Utensils
5.2.5 Dining Utensils
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Restaurant
6.2.3 Hotel
6.2.4 School Canteen
6.2.5 Enterprises & Institutions Canteen
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stainless Steel Kitchen Utensils 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 Stainless Steel Kitchen Utensils 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Storage Utensils
9.6.2 Washing Utensils
9.6.3 Flavoring Utensils
9.6.4 Cooking Utensils
9.6.5 Dining Utensils
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 Market Size Forecast by Applications
9.10.1 Household
9.10.2 Restaurant
9.10.3 Hotel
9.10.4 School Canteen
9.10.5 Enterprises & Institutions Canteen
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Storage Utensils
10.6.2 Washing Utensils
10.6.3 Flavoring Utensils
10.6.4 Cooking Utensils
10.6.5 Dining Utensils
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 Market Size Forecast by Applications
10.10.1 Household
10.10.2 Restaurant
10.10.3 Hotel
10.10.4 School Canteen
10.10.5 Enterprises & Institutions Canteen
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Storage Utensils
11.6.2 Washing Utensils
11.6.3 Flavoring Utensils
11.6.4 Cooking Utensils
11.6.5 Dining Utensils
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 Market Size Forecast by Applications
11.10.1 Household
11.10.2 Restaurant
11.10.3 Hotel
11.10.4 School Canteen
11.10.5 Enterprises & Institutions Canteen
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Storage Utensils
12.6.2 Washing Utensils
12.6.3 Flavoring Utensils
12.6.4 Cooking Utensils
12.6.5 Dining Utensils
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 Market Size Forecast by Applications
12.10.1 Household
12.10.2 Restaurant
12.10.3 Hotel
12.10.4 School Canteen
12.10.5 Enterprises & Institutions Canteen
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Storage Utensils
13.6.2 Washing Utensils
13.6.3 Flavoring Utensils
13.6.4 Cooking Utensils
13.6.5 Dining Utensils
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) Market Size Forecast by Applications
13.10.1 Household
13.10.2 Restaurant
13.10.3 Hotel
13.10.4 School Canteen
13.10.5 Enterprises & Institutions Canteen
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 Stainless Steel Kitchen Utensils Market: Competitive Dashboard
14.2 Global Stainless Steel Kitchen Utensils Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zwilling
14.3.2 WMF
14.3.3 Supor
14.3.4 ASD
14.3.5 FISSLER
14.3.6 CALPHALON
14.3.7 Lifetime
14.3.8 AXA International Limited
14.3.9 Jiangmen East Stainless Steel Product Co.
14.3.10 Shree Vallabh Metals
14.3.11 Zwilling
14.3.12 Xinhui Rixing
