Global cutlery market to grow at a CAGR close to 6.7% during the period 2016–2022.

A recent report on Global Cutlery Market - Strategic Assessment and Forecast 2017-2022, considers the present scenario of the global cutlery market and its strategic assessment for the period 2016–2021. It also includes a detailed study of market drivers, trends, and restraints. The report also profiles the leading four vendors in the market.

Scope of the report

The research report provides the analysis of key segments of the cutlery market by raw materials, price range, geography, country, and vendors. It offers a comprehensive analysis of the revenue from the following segments:

By Raw Materials

Metal Based
Non-metal Based

By Price Range

Low-end
Moderate-range
High-end

By Geography

APAC
Eastern Europe
Latin America
MEA
North America
Western Europe

The report provides the market size and forecast by product type for each region.

Cutlery Market- Market Size and Dynamics

The cutlery market can be categorized into utility products and designer products. These products enhance the aesthetics of kitchens and dining. The market is categorized into different price sections depending upon the demand and the perception. This report considers three different categories based on pricing, which includes low-end, moderate-range, and high-end. The global cutlery market is expected to increase on account of several factors such as increasing number of household, growing property market, and rising disposable income. Analysts at Beige Market Intelligence expect that the global cutlery market to grow at a CAGR close to 6.7% during the period 2016–2022.

The metal based segment dominated the market in 2016 and is likely to dominate till 2022. While the demand for metal cutlery is high in developed economies such as the US and the UK, it is also gaining popularity in the other emerging economies. Similarly, the low-end segment is the fastest growing market in terms of price range and dominates the cutlery market with maximum market share.

For more information: http://www.beigemarketintelligence.com/reports/research-report-consumer-and-retail-market/cutlery-market-research-report/

Cutlery Market – Trends, Drivers, and Restraints

The research report provides a detailed discussion on various factors that are driving the market. It also a comprehensive analysis of several emerging trends and upcoming challenges of the market. In addition, it includes the Porter’s Five Forces analysis and its impact on the global cutlery market.

With the increased number of cooking programmes on TVs, food festivals, and food magazines, there is an increasing interest in preparing different cuisines and special gourmet dishes at home. The group of culinary lovers is increasing and it is no longer limited to restaurants. Also, the professional cooking at home is increasingly getting popular among consumers as it opens venues for employment. A master chef inspired cooks at home require some tools for food preparation such as kitchen knives sets. Hence, the increased popularity of professional cooking at home is one of the major factors that is going to increase the market growth during the forecast period. Furthermore, growing popularity of casual dining, increasing number of households, and rising consumer preference for social and fine dining are among the other factors driving the market growth.

For more information : http://www.beigemarketintelligence.com/reports/research-report-consumer-and-retail-market/cutlery-market-research-report/

About Beige Market Intelligence

Beige Market Intelligence is a new-age provider of competitive business intelligence, working across various industry verticals. Our expertise and knowledge ensures that the market analysis Beige provides is comprehensive, detailed and complete. The analysis helps our client organizations become aware and make educated decisions, as far as investing or devising a marketing strategy is concerned. The actionable insights delivered through our market research provide a comprehensive market analysis for every level of market segmentation in an industry. Beige Market Intelligence is a quality driven high end Market Research organization. Our team of experts ensure the analysis you receive is not just analyzed and smartly presented, but is completely customized based on the client’s requirement. Our deliverables guarantee our current global client base does not look beyond Beige when it comes to any kind of industry and market analysis.

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