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Cutting Boards Market Share 2024 Size, Business Improving Strategies, Current Developments, Increase Plans, Expenses, and Challenges Forecast Analysis 2031 | Epicurean, John Boos, Edward Wohl, San Jamar

05-21-2024 11:14 AM CET | Consumer Goods & Retail

Press release from: Coherent Market Insights

Cutting Boards Market

Cutting Boards Market

The cutting boards market size is expected to reach US$ 2.11 Bn by 2030, from US$ 1.29 Bn in 2023, exhibiting a compound annual growth rate (CAGR) of 7.3% during the forecast period.

Market Overview:

Cutting boards are an essential kitchen tool used for food preparation activities like chopping, dicing and slicing of vegetables, fruits, meats and other food items. Made from various materials like wood, plastic, glass and bamboo, they ensure protection of kitchen countertops and provide a hygienic surface for cutting.

Market Dynamics:

The Cutting Boards Market is expected to witness significant growth over the forecast period owing to two main drivers - increased demand for convenient kitchen tools and rising health consciousness. Consumers are increasingly opting for multi-functional and easy-to-use kitchen utilities to save time and effort in food preparation. Furthermore, there is growing awareness about use of antibacterial and moisture-resistant cutting board materials like bamboo, plastic and glass that prevent cross-contamination of food pathogens. This is expected to boost the demand for innovative and hygienic cutting boards.

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Major Driver: Increasing Consumer Preference for Natural and Eco-Friendly Cutting Boards

The global cutting boards market is experiencing a major shift towards natural and eco-friendly cutting board materials. Consumers are becoming more health conscious and environmentally aware in their purchases. They prefer wooden and bamboo cutting boards over plastic ones as wood is a natural and renewable resource. Wooden boards are also better at resisting bacteria growth compared to plastic. Many consumers feel plastic cutting boards may degrade and release chemicals overtime with use and washing. This is propelling the demand for natural cutting boards made of wood such as maple, walnut, bamboo etc. Manufacturers are responding to this shift by offering an extensive range of wooden and bamboo cutting boards in various designs, styles and sizes.

Another Driver: Growth in Home Cooking Trend

The cutting boards market is positively impacted by the growing trend of home cooking and do-it-yourself food preparation among consumers. More people are opting to cook meals at home instead of eating out or ordering takeaways. This has been accelerated due to the pandemic as people spent more time at home. Advanced cutting boards make food preparation fun and easy. With busy schedules, people prefer having a range of cutting boards suited for different tasks like vegetable chopping, meat cutting etc. for efficient cooking. Many buy matching sets of boards for various countertop use. This rising interest in home cooking and do-it-yourself food culture is fueling the demand for innovative and high-quality cutting boards.

Major Restrain: Availability of Substitute Products

The global cutting boards market faces competition from substitute products like disposable plastic or paper boards and mats. These substitutes serve the purpose of cutting and chopping food items at a much lower cost compared to reusable cutting boards. Disposable chopping boards or mats do not require maintenance or cleaning. They are convenient to use and dispose for people who do not wish to invest in reusable plastic or wooden boards. The easy availability of these cheaper alternatives in supermarkets and online retail sites poses a restraint on the growth of reusable cutting boards market. It can discourage certain consumers who seek a low-cost solution for occasional or non-regular kitchen use. Manufacturers need to market the durability advantage of their products to address this restraint.

Opportunity: Growing Online Sales and E-commerce

The cutting boards market players have immense opportunity arising from the rapid expansion of online retail and e-commerce channels across the globe. More buyers are making purchases for kitchenware and home essentials through the internet on their mobiles and computers. This offers global reach to cutting board brands to promote and sell their products. Online and e-commerce platforms provide a gateway to access customers directly without involving distributors or retailers. Companies can leverage digital marketing to create brand awareness, showcase product details through photos and videos. The advantage of comfortable home delivery also appeals to time-pressed consumers. Establishing an online presence and selling through websites as well as marketplaces offers enormous potential for growth to cutting boards manufacturers.

Trend: Rising Emphasis on Multipurpose and Space-saving Designs

With smaller living spaces and nuclear families becoming common, there is a rising demand for kitchen tools and appliances that offer multiple functions in minimal space. In response, cutting boards available today are incorporating innovative designs focused on multipurpose use and saving counter space. Many feature expandable surfaces that can be folded to reduce size when not in use. Others come with hanging racks, drawers or options to mount on wall. Some cutting boards double up as serving trays and platters. Manufacturers realize convenience is a major decision factor for buyers today. Hence, they emphasize space-saving, versatile designs in new product launches. This emerging trend underscores growing popularity of multi-tasking, compact kitchen tools.

Worldwide major and leading players within the market are:

★ Epicurean
★ John Boos
★ Edward Wohl
★ San Jamar
★ SAGE
★ Neoflam
★ Catskill Craftsmen
★ Proteak
★ Carver Board
★ Virginia Boys Kitchens
★ Totally Bamboo
★ Lipper International
★ Madeira
★ Fackelmann
★ TOPULORS.

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Segmental Overview

Cutting Boards Market segmentation offers an in-depth analysis of the various segments of the market, including application, type, end use, and region. The segmentation overview section offers crucial information about the market share, sales, and growth rate for each of the segments over the forecast period. Moreover, an examination of the relative multitude of significant sub-portions in the market has been canvassed in the report.Having a knowledge about the various segments and sub-segments helps businesses recognize the importance of factors that drive industry growth.

The titled segments and sub-section of the Cutting Boards market are illuminated below:

Global Cutting Boards Market, By Product Type:

★ By Material Type: Wood, Plastic, Composite Wood, Bamboo, Glass, Marble, Others (Rubber, Metal)
★ By End User: Residential, Commercial , Others (Institutional)
★ By Distribution Channel: Online, Offline, Others
★ By Size: Small (Length < 12 inches), Medium (Length 12 - 16 inches), Large (Length > 16 inches)
★ By Shape: Round, Rectangle, Square, Others (Oval, Custom)

Global Cutting Boards Market, By Applications:

★ By Application: Meat, Vegetables, Bread, Others (Cheese, Fruits)

Regional Analysis for Cutting Boards Market:

📍 North America (United States, Canada, and Mexico)
📍 Europe (Germany, France, UK, Russia, and Italy)
📍 Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
📍 South America (Brazil, Argentina, Colombia, etc.)
📍 The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Key Highlights of the Report

Offers a comprehensive and holistic analysis of the Cutting Boards Market.
Evaluates the competitive environments, covering partnerships, joint ventures, acquisitions, and organic growth.
Provides forecast information related to every region and sub-region of the Cutting Boards market.
Includes information on the key opportunities and challenges faced by key industry players worldwide.
Covers the Cutting Boards market's current and future market outlook on industry drivers, market restraints, and regional constraints.
The report answers a number of crucial questions, including:

➥ Which companies dominate the global Cutting Boards market?
➥ What current trends will influence the Cutting Boards market over the next few years?
➥ What are the market's opportunities, obstacles, and driving forces?
➥ What predictions for the future can help with strategic decision-making?
➥ What advantages does market research offer businesses?
➥ Which particular Cutting Boards market segments should industry players focus on in order to take advantage of the most recent technical advancements?
➥ What is the anticipated growth rate for the market economy globally?

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Contact Us:

Mr. Shah
Coherent Market Insights Pvt Ltd,
533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
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About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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