Bakeware includes various baking items such as baking sheets, baking pans, and baking dishes. Although baking sheets are often constructed of metal, baking pans and dishes can also be made of metal, ceramic, glass, and silicone are now used in some of these goods. Bakeware is available in a variety of materials, forms, and sizes. Bakeware includes items such as cookie sheets, cake pans, jelly-roll pans, tube pans, loaf pans, muffin tins, pans, brioche molds, spring form pans, tart pans, pie plates, square and rectangular bakers, round and oval casseroles, ramekins, and pizza pans.
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The Global Bakeware Market is expected to reach USD 3,746.32 million by 2029 from USD 2,594.36 million in 2021, growing at a lucrative CAGR of 4.70% in the forecast period of 2022 to 2029. Baking is a popular hobby for people of all ages. It is a fun and rewarding way to express creativity, and it can also be a healthy way to eat. The increasing popularity of baking is driving the demand for bakeware. As consumers have more disposable income, they are willing to spend more on bakeware. This is driving the demand for high-quality bakeware that is made from durable materials. Online shopping is becoming increasingly popular, and this is driving the demand for bakeware. Consumers can easily purchase bakeware online, and they can also compare prices from different retailers.
Rise in the awareness of healthy living is expected to drive the market's growth rate
Consumers are increasingly aware of the importance of eating a healthy diet. This is due to a number of factors, including the rising prevalence of obesity and chronic diseases, as well as the increasing availability of information about healthy eating. As a result, consumers are looking for ways to make healthier choices in the kitchen, and bakeware is no exception. Bakeware that is made from healthier materials, such as silicone and ceramic, is becoming increasingly popular. This is because these materials are not coated with harmful chemicals, such as PTFE (polytetrafluoroethylene), which is found in non-stick cookware. PTFE can be released into food when it is heated to high temperatures, and it has been linked to a number of health problems, including cancer.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014- 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Material (Aluminium, Steel, Glass, Ceramic, Silicon and Others), Product Type (Pans and Dishes, Tins and Teays, Cups, Rolling Pins and Others), End User (Commercial and Household), Distribution Channel (Offline and Online)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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WMF Group (Germany), Reynolds Consumer Products (U.S.), Instant Brands Holdings, Inc. (U.S.), USA PAN (U.S.), Newell Brands (U.S.), Motiba Silicone Private Limited (India), Meyer Corporation (U.S.), Lodge Manufacturing Company (U.S.), Le Creuset UK Limited (U.K.), KAVALIERGLASS, a.s. (Prague), The Cookware Company (Belgium), ZWILLING J.A. Henckels AG (Germany), All-Clad (U.S.), Cuisinart (U.S.), Tramontina USA Inc. (U.S.), Nordic Ware (U.S.)
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Data Points Covered in the Report
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In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework
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Segment Analysis:
The global bakeware market is segmented into four notable segments, based on material, product type, end-user, and distribution channel.
- On the basis of material, the global bakeware market is segmented into aluminum, steel, glass, ceramic, silicone, and others.
The aluminum segment is expected to dominate the global bakeware market
The aluminum segment is expected to dominate the global bakeware market with a 26.84% market share as it heats up and cools down quickly, is resistant to rust, corrosion, and is lightweight and affordable.
- On the basis of product type, the global bakeware market is segmented into pans and dishes, tins and trays, cups, rolling pins, others. The pans and dishes segment is expected to dominate the global bakeware market with a 36.37% market share as it helps prepare well-browned or crispy crust food products. Also, it can be used for two purposes, baking and serving, which may raise the demand in the market.
- On the basis of end-user, the global bakeware market is segmented into commercial and household.
The commercial segment is anticipated to dominate the global bakeware market
The commercial segment is anticipated to dominate the global bakeware market with a 66.44% market share due to the increase in baked products' digital and traditional promotional activities and an overall attraction towards baked goods.
- On the basis of distribution channel, the global bakeware market is segmented into offline and online. The offline segment is anticipated to dominate the global bakeware market with a 64.23% market share as it provides the facility to touch and feel the product. Also, people can get a personalized recommendation from the staff, and they don't need to wait for the delivery of the item, which may raise its demand in the market.
Major Players
Data Bridge Market Research recognizes the following companies as the major market players: WMF Group (Germany), Reynolds Consumer Products (U.S.), Instant Brands Holdings, Inc. (U.S.), USA PAN (U.S.), Newell Brands (U.S.), Motiba Silicone Private Limited (India), Meyer Corporation (U.S.), Lodge Manufacturing Company (U.S.), Le Creuset UK Limited (U.K.), KAVALIERGLASS, a.s. (Prague), The Cookware Company (Belgium), ZWILLING J.A. Henckels AG (Germany), All-Clad (U.S.), Cuisinart (U.S.), Tramontina USA Inc. (U.S.), Nordic Ware (U.S.).
Market Development
- In 2020, WMF GmbH's trademark KAISER debuted a new line of silicone baking pans. The new CrispFlex line includes characteristics such as ensuring evenly crispy baking results and a nonstick coating that makes removing cakes and muffins from the pan simple. This pan may also be folded, saving a lot of storage space. As a result, in order to attract more clients, the company has developed more adaptable items. This product composition boosted the market worth of the brand and allowed the company to grow its revenue.
- In 2021, Le Creuset released the new Harry Potter x Le Creuset Collection, which will contain stoneware, tools, a combination of enamelled cast iron, and textiles inspired by the Wizarding World. In addition, the company has released an outstanding collection that mixes the exciting culinary world with the fantastic, inventive Wizarding World. As a result, the company was able to attract new clients and expand its customer base.
Regional Analysis
Geographically, the countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
Asia-Pacific is the dominant region in the bakeware market during the forecast period 2022-2029
Asia-Pacific is the dominating region in the global bakeware market. The growth of the bakeware market in Asia-Pacific is driven by the rising disposable income of consumers, the growing health consciousness of consumers, and the increasing popularity of online shopping.
North America is estimated to be the fastest growing region in the bakeware market in the forecast period 2022-2029
North America is expected to be the fastest-growing region in the global bakeware market. The growth of the bakeware market is driven by the rising disposable income of consumers, the growing health consciousness of consumers, and the increasing popularity of online shopping.
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