openPR Logo
Press release

Global Low-end Cutlery is likely to emerge as Fastest Growing Segment in the Global Cutlery Market

10-16-2017 12:35 PM CET | Fashion, Lifestyle, Trends

Press release from: Arizton Advisory & Intelligence

Cutlery Market Analysis by Arizton Advisory & Intelligence

Cutlery Market Analysis by Arizton Advisory & Intelligence

The market segment is expected to grow at a CAGR of 7.95% .

Arizton has announced the publication of its latest report titled Cutlery Market – Global Outlook and Forecast 2017 - 2022. The report includes in-depth details of the global cutlery market and provides the market size of each segment and region. It also outlines major drivers, trends, and challenges for the global market.

View report: Cutlery Market – Global Outlook and Forecast 2017 - 2022
https://www.arizton.com/reports/market-analysis/cutlery-market-analysis

Analysts at Arizton say that the global cutlery market is expected to cross $11billion during 2016−2022. The analysts further add that the low-end cutlery segment is likely to dominate the market in terms of price range.

In terms of price range, the cutlery market comprises: low-end, medium-end, and high-end segments.

For more information, actual market size and market share order a report here : Buy Report
https://www.arizton.com/reports/market-analysis/cutlery-market-analysis

Low-end Cutlery Market to Grow at a CAGR of 7.9%

The low-end cutlery market is an inexpensive cutlery segment, which consists of products made of stainless steel with limited design value and easy to clean. Low-end cutlery is majorly distributed through interior stores, supermarkets, convenience stores, and online stores. The segment caters to the mass market and is generally made up of low-quality stainless steel or plastic. The percentage contribution of the low-end cutlery segment is higher in developing economies such as APAC, Latin America, and MEA than developed economies of North America and Europe. The high percentage contribution in developing economies is mainly due to the low availability of affluent consumers. The low-end cutlery market is expected to grow at a CAGR of 7.95%.

In the medium-end cutlery segment, the products are trendy in terms of style, color, and decorative handles. This segment has accessible pricing in small sets and are mainly sold at general interior stores and medium-segment departmental stores. The percentage contribution of the medium-end cutlery segment is high in North America and Europe, whereas in developing economies, the share is significantly less than the low-end cutlery segment.

High-end cutlery products are manufactured by international brand companies with heritage or luxury status. High-end cutlery is majorly distributed through departmental and online stores. The high-end cutlery market is higher in North America and Europe than APAC, Latin America, and MEA. High-end cutlery products are majorly manufactured by high heritage brands. These products are sold primarily through departmental stores and online medium.

Related Reports
1) Wood Furniture Market - Global Outlook and Forecast 2017 - 2022

https://www.arizton.com/reports/market-analysis/wood-furniture-market

2) Interactive Pet Monitors Market - Global Outlook and Forecast 2017-2022

https://www.arizton.com/reports/smarttech-market-analysis/interactive-pet-monitors-market

Source Link: https://www.arizton.com/news/press-release/global-low-end-cutlery-market-is-likely-to-emerge-as-fastest-growing-segment

About Arizton
Arizton – Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize foolproof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

Arizton Advisory & Intelligence
Chicago, Illinois, 60605
Mail: enquiry@arizton.com
Call: +1-312-465-7864

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Low-end Cutlery is likely to emerge as Fastest Growing Segment in the Global Cutlery Market here

News-ID: 774910 • Views:

More Releases from Arizton Advisory & Intelligence

The U.S. Vaccine Packaging Market to Be Worth $1.3 Billion by 2028- Arizton
The U.S. Vaccine Packaging Market to Be Worth $1.3 Billion by 2028- Arizton
Arizton publishes the latest research report on the U.S. vaccine packaging market which is growing at a CAGR 6.99% during 2023-2028. To Know More, Download the Free Sample Report: https://www.focusreports.store/report/united-states-Vaccine-Packaging-Market-Focused-Insights The U.S. vaccine packaging market, valued at USD 923.71 million in 2022, and is projected to reach USD 1,385.65 million by 2028.   The U.S. vaccine market has experienced significant progress over the past decades, mainly due to a heightened focus
 The U.S. HIV Rapid Test Kits Market to Reach $486 Million by 2028 - Arizton
 The U.S. HIV Rapid Test Kits Market to Reach $486 Million by 2028 - Arizton
Arizton publishes the latest research report on the U.S. HIV rapid test kits market which is growing at a CAGR of 1.89% during 2022-2028. To Know More, Download the Free Sample Report: https://www.focusreports.store/report/us-hiv-rapid-test-kits-market-insights The U.S. HIV rapid test kits market was valued at USD 434.70 million in 2022 and is projected to reach USD 486.27 million in 2028. The growth of the U.S. HIV rapid test kits market can be
The US Pharmaceutical Packaging Market Worth $36.58 Billion by 2028 - Arizton
The US Pharmaceutical Packaging Market Worth $36.58 Billion by 2028 - Arizton
Arizton publishes the latest research report on the US pharmaceutical packaging market, which is growing at a CAGR of 4.35% during 2022-2028. To Know More, Download the Free Sample Report: https://www.focusreports.store/report/us-pharmaceutical-packaging-market-focused-insights The US is the largest revenue contributor in the global pharmaceutical packaging & labeling market. Technological innovations include the development of thermoformable films, ultra-high barrier films, child-resistant and senior-friendly, unit dose packaging, specialty films, and eco-friendly packaging in the US
Technological Innovations Propel Elevator and Escalator Market to New Heights, S …
Arizton publishes the latest research report on the Saudi Arabia elevators and escalators market & Qatar elevators and escalators market. The Saudi Arabia Elevator and Escalator Market by New Installations to Reach 16.01 Thousand Units by 2029 This report provides a market forecast for the Saudi Arabia elevators and escalators market for 2020-2029. The market covers details on new installations, modernization, and maintenance. The market forecast has been provided based on

All 5 Releases


More Releases for Cutlery

Edible Cutlery Market Future Business Strategies and Opportunities by Top Player …
The New Report "Edible Cutlery Market" published by Fact.MR, covers the competitive landscape analysis and its growth prospects over the coming years. An in-depth study of some new and prominent industry trends, analysis of engagement, and regional analysis that is very detailed have been included in the report of the Edible Cutlery market for the analysis period of 2021 – 2031. Get In-depth Insights Request for Sample here: https://www.factmr.com/connectus/sample?flag=S&rep_id=2727 Through the
Cutlery Market Industry Current Trends, Opportunities and Challenges by 2030| Th …
Cutlery Market – Report Scope A recent study by Fact.MR on the cutlery market offers a 10-year forecast from 2020 to 2030. The study analyzes crucial trends that are currently determining the growth of the cutlery market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with the manufacturing of cutlery. The study
Biodegradable Cutlery Market Demand by 2025: QY Research
The market research report is a compilation of comprehensive intelligence studies that explore almost every aspect of the global Biodegradable Cutlery market. Market players can use the report to learn about the competitive landscape and the level of competition in the global Biodegradable Cutlery market. The report comes out as a powerful tool that players can use to prepare themselves for securing a lion’s share of the global Biodegradable Cutlery market. Furthermore, it
Edible Cutlery Manufacturing Business
In today's world, packaging and carrying products play an important role in the food and packaging industry. But the conventional or regular plastic is harming the eco-system badly. To solve these problems, companies are introducing biodegradable plastic materials, edible containers, plant tissue containers for the betterment of the environment. One Indian company, Bakey’s has launched the edible cutlery, manufactured using grains, pulses, millets. And now, as the demand for
Global Cutlery Sets Market Outlook to 2023 – TTX, Dongjin, Baccarat, Ginsu, Am …
Cutlery includes any hand implement used in preparing, serving, and especially eating food in Western culture. A person who makes or sells cutlery is called a cutler. In the Global Cutlery Sets Industry Market Analysis & Forecast 2018-2023, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2023, growing at a CAGR of XX% between 2018 and
Disposable Cutlery Market: Competitive Dynamics & Global Outlook 2023
New report published by Market Research Report Store (MRRS) which offers insights on the global Disposable Cutlery market. Click to view the full report TOC, figure and tables: https://www.marketresearchreportstore.com/reports/212036/global-disposable-cutlery-market Global Disposable Cutlery Market: Forecast by Type / Application / Region According to this study, over the next five years the Disposable Cutlery market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from