The Cutting Boards Market is estimated to be valued at US$ 1.29 Bn in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Cutting boards are indispensable kitchen tools used for food preparation activities such as chopping, slicing and dicing various ingredients. They come in different styles, sizes and materials such as wood, plastic, glass, bamboo and others. Wooden cutting boards are considered best for knives due to their hardness, while plastic boards are lightweight and durable. Cutting boards are offered in various patterns, designs and sizes to suit different culinary needs.
Market Dynamics:
The Global Cutting Boards Market is driven by the rising demand for premium and aesthetically appealing kitchen accessories. Wooden and bamboo cutting boards are steadily gaining popularity among consumers and chefs due to their eco-friendly composition and ability to prevent bacterial growth. Furthermore, increasing focus on home-cooking and do-it-yourself food preparation trends has boosted the sales of cutting boards in recent years. The availability of cutting boards in various online retail channels has also supported the market growth. However, high costs associated with wooden cutting boards limit their mass adoption.
Segment Analysis
The global cutting boards market is dominated by plastic cutting boards sub segment. Plastic cutting boards are cost effective, durable, moisture resistant and easy to clean that's why they are preferred choice for household usage. Plastic cutting boards account for around 60% of total cutting boards market share.
PEST Analysis
Political: There are no significant political factors affecting the cutting boards market.
Economic: Rising disposable income and growing urban population is driving demand for kitchen accessories like cutting boards.
Social: Changing lifestyle and increasing health awareness is prompting consumers to use separate boards for different food items to avoid cross-contamination.
Technological: Manufacturers are introducing innovative designs and ergonomic handles to enhance user experience. Some boards come equipped with drainage grooves for easy cleaning.
Key Takeaways
The global cutting boards market is expected to witness high growth, exhibiting CAGR of 7.3% over the forecast period, due to increasing health consciousness among consumers. North America dominated the cutting boards market in 2023 with over 35% share, followed by Europe and Asia Pacific.
Regional analysis
North America holds the largest share mainly due to large number of home cooks and presence of leading brands. Europe and Asia Pacific are fastest growing regional markets, driven by rising middle class population, western influences and improving standards of living.
Key players
Key players operating in the cutting boards 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. Epicurean and John Boos are currently the market leaders due to their wide distribution network and innovative product portfolio.
Read More: https://www.rapidwebwire.com/cutting-boards-market-scope/
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It is an absolute kitchen essential that helps chop the vegetables, chicken, or bread loaves neatly.
Having a cutting board in your kitchen makes your kitchen counter less messy.
We always go through the dilemma of choosing the product with maximum durability and safety.
Every kind of cutting board has come up with unique features in terms of style and construction.
We bring various sizes of cutting boards that perfectly suit your kitchen style and cutting purpose.
It is great for slicing an apple or chopping a carrot or onion.
