Cutlery Market Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2020 to 2030

Published on : Oct-2020 | List of Tables : 112 | List of Figures : 91 | No. of Pages : 170 | Report Code : FACT5201MR |

Cutlery Market Overview

The cutlery market has experienced moderate growth in recent years, but is expected to witness significant growth over the coming years. Preferences of consumers and other end users have been turning towards mass market products, which have shown significant reduction in consumer demand for premium materials. Cutlery, made from stainless steel and wood, has experienced significant increase in sales in recent years. The cutlery market size is expected to grow 1.8X by 2030 in comparison with the value in 2020.

Cutlery Market Drivers

With positive integration of digital platforms into the restaurant industry, there has been a significant surge in the demand for cutlery products such as spoons and forks. Food delivery businesses provide disposable cutlery with each order to their customers, which has created a massive opportunity for manufacturers in the cutlery market. While governmental regulations have been deterrents for current growth, sustainable alternatives available in the market and increased adoption of reusable cutlery in the food service industry are expected to drive market growth.

cutlery market analysis and forecast by end use

For better understanding of revenue contribution of each end use to the cutlery market, ask an exert analyst

Regional Outlook of Cutlery Market

Europe has the second-largest cutlery market share, and high imports from developing countries is one of the key characteristics of the region. The Europe cutlery market is expected to experience moderate growth, with increasing bans on single-use products prevalent in the European Union. Germany is on the forefront of these bans, and in June 2020, declared a ban on single-use cutlery such as plates, straws, and cups by mid-2021.

Growth of the cutlery market in the Asia Pacific region is expected to be higher than North America and Europe, which is expected to expand 2X by 2030 over the value in 2020.

global cutlery market region

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Cutlery Market: Competitive Analysis

The global cutlery market is fragmented in nature, with top players accounting for nearly 30% of global revenue. High fragmentation and high concentration of regional players is one of the key characteristics of the cutlery market. The market is expected to move towards consolidation over the coming years. Emerging players with sustainable materials such as reusable and edible cutlery are expected to increase competition in the lower tiers of the cutlery market.

  • For instance in 2020, Akvila Cutlery launched a reusable cutlery line made from renewable PP polymers. Similar new product launches are expected in the cutlery market, which are expected to rejuvenate the product life cycle of cutlery types.

COVID-19 Impact on Cutlery Market

The COVID-19 crisis is having a positive impact on the growth of the cutlery market. While dampening sales during initial lockdowns across multiple countries was observed, the cutlery market has experienced recovery after the initial shock. Decline in demand during the second quarter of 2020 due to sporadic lockdowns was recovered, with recovery during the third quarter due to easement of regulations and resuming of food delivery services. Opening of the food service industry related to dining and cafes is expected to further increase demand for cutlery as time goes by.

The Analyst’s Viewpoint

“Institutional food services are expected to experience 1.9X growth over the forecast period. Fact.MR recommends investments in collaborations with institutional food services to grab lucrative opportunities in the long term.”

Cutlery Market: Scope of the Report

The cutlery market report by Fact.MR offers forecast representation for the period of 2020 to 2030. The report elaborates on key drivers, restraints, opportunities, and threats influencing the expansion of the cutlery market. A detailed segmental analysis, based on product, end use, sales channel, and region has been provided in the report. The report also covers a chapter on the COVID-19 impact to arm stakeholders with necessary information.

Regional analysis in terms of supply chain analysis, business execution, and market value analysis provides an in-depth perspective about the future scope of the cutlery market. In addition, a section providing detailed analysis of key cutlery market players and strategies has been added to the study.

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 also provides dynamics that are expected to influence the future status of the cutlery market over the forecast period.

A detailed assessment of value chain analysis, business executions, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the cutlery market enhances the reliability of this comprehensive research study.

Cutlery Market: Report Summary

The study offers a comprehensive analysis on diverse features, including demand, product developments, policy & regulatory landscape, revenue generation, and sales in the cutlery market across the globe.

A comprehensive estimate on the cutlery market has also been considered through an optimistic scenario as well as a conservative scenario regarding the sales of cutlery during the forecast period. Price point comparison by region with global average price is also considered in the study.

Cutlery Market: Segmentation

Fact.MR has studied the cutlery market with detailed segmentation on the basis of product, end use, sales channel, and region.

Product

End Use

Sales Channel

Region

 Spoons

 Food Service Outlets

 Direct Sales

North America

 Soup Spoons

 HoReCa

 Modern Trade

Latin America

 Forks

 Institutional Food Service

 Specialty Stores

Europe

 Knives

 Residential Usage

 Online Retail

East Asia

 Sporks

 Other End Uses

 Other Sales Channels

South Asia and  Oceania

 Chopsticks

 

 

MEA

 Straws

 

 

 

 Stirrers

 

 

 

 Others

 

 

 

Cutlery Market: Analysis on Market Size Evaluation

The study provides each market segment in terms of value (US$ Mn) analysis in the cutlery market.

Market estimates at global and regional levels for cutlery are available in terms of “US$ Mn” for value and “Mn Units” in terms of volume. A Y-o-Y growth contrast on prominent cutlery market segments, along with market attractiveness evaluation has been incorporated in the report. Another key feature of the cutlery market report is the analysis of all key segments in terms of absolute dollar. Absolute dollar opportunity is critical in assessing the level of opportunity that a manufacturer can look to achieve as well as identify potential resources, from sales and delivery perspectives, in the cutlery market.

Cutlery Market: Inspected Assessment on Regional Segments

Key sections have been elaborated in the report, which help deliver projections on regional markets. This chapter include regional macros (political economic and business environment outlook), which are expected to have a momentous influence on the growth of the cutlery market during the forecast period.

Country-specific valuations on demand for cutlery have been offered for each regional market, along with market scope estimates and forecasts, price index, and impact analysis of prominence in regions and countries. Regional market Y-o-Y growth estimates have also incorporated in the report.

Detail breakup in terms of value for emerging countries has also been included in the report.

Cutlery Market: In-depth Analysis on Competitive Landscape

The report sheds light on leading manufacturers in the cutlery market, along with their detailed profiles. Essential and up-to-date data related to market players who are principally engaged in the production of cutlery has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permit report readers to take preemptive steps in advancing their businesses.

Company profiles have been combined in the report, which include essentials such as product portfolios, along with an all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all prominent players, thus providing readers with actionable insights, which help in thoughtfully presenting market status and predicting the competition levels in the cutlery market. Prominent companies operating in the global cutlery market include The Oneida Group Inc., Browne Foodservice, Sysco Corporation, IVO Cutlery, Canada Green Natural Products, Greenmunch, Green Century Enterprises Inc., Steelite International, DWL International Tradind LLC (Winco), Utica Cutlery Company, Bauscher Hepp, and TUO Cutlery.

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Summary of Statistics

    1.3. Summary of Key Findings

    1.4. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy 

    2.2. Market Definition / Scope / Limitations

3. Market Risks and Trends Assessment 

        3.1.1. Impact on Market Value (US$ Mn)

            3.1.1.1. Quarter by Quarter Demand and Recovery Assessment 

4. Market Background and Foundation Data Points 

    4.1. Packaging Market Outlook

    4.2. Regulatory Landscape

    4.3. Shifting Retail and Distribution landscape

    4.4. Scenario based Growth Forecast 

    4.5. Value Chain Analysis

        4.5.1. List of Key Manufacturers

        4.5.2. List of Channel Partners

        4.5.3. Operating Margins 

        4.5.4. Notes on Value Added at Each Node in the Value Chain

    4.6. Market Dynamics

        4.6.1. Market Driving Factors and Impact Assessment

        4.6.2. Prominent Market Challenges and Impact Assessment

        4.6.3. Cutlery Market Opportunities

        4.6.4. Prominent Trends in the Global Market & Their Impact Assessment

5. Global Cutlery Market Value Analysis 2015-2019 and Forecast, 2020-2030

    5.1. Historical Market Value (US$ Mn) Analysis, 2015-2019

    5.2. Current and Future Market Value (US$ Mn) Projections, 2020-2030

        5.2.1. Y-o-Y Growth Trend Analysis

        5.2.2. Absolute $ Opportunity Analysis

6. Global Cutlery Market Analysis 2015-2019 and Forecast 2020-2030, By Product Type 

    6.1. Introduction / Key Findings

    6.2. Historical Market Size (US$ Mn) & Volume (Mn Units) Analysis By Product Type, 2015-2019

    6.3. Current and Future Market Size (US$ Mn) & Volume (Mn Units) Analysis and Forecast By Product Type, 2020 - 2030

        6.3.1. Spoon 

        6.3.2.  Soup Spoon 

        6.3.3.  Fork 

        6.3.4.  Knife 

        6.3.5.  Spork 

        6.3.6.  Chopsticks 

        6.3.7.  Straw 

        6.3.8.  Stirrers 

        6.3.9.  Others 

    6.4. Market Attractiveness Analysis By Product Type 

7. Global Cutlery Market Analysis 2015-2019 and Forecast 2020-2030, By End Use

    7.1. Introduction / Key Findings

    7.2. Historical Market Size (US$ Mn) & Volume (Mn Units) Analysis By End Use, 2015-2019

    7.3. Current and Future Market Size (US$ Mn) & Volume (Mn Units) Analysis and Forecast By End Use, 2020 - 2030

        7.3.1. Food Service Outlets 

        7.3.2.  HoReCa 

        7.3.3.  Institutional Food Service 

        7.3.4.  Residential Usage 

        7.3.5.  Other End-users 

    7.4. Market Attractiveness Analysis By End Use

8. Global Cutlery Market Analysis 2015-2019 and Forecast 2020-2030, By Sales Channel

    8.1. Introduction / Key Findings

    8.2. Historical Market Size (US$ Mn) & Volume (Mn Units) Analysis By Sales Channel, 2015-2019

    8.3. Current and Future Market Size (US$ Mn) & Volume (Mn Units) Analysis and Forecast By Sales Channel, 2020 - 2030

        8.3.1. Direct Sales 

        8.3.2.  Modern Trade 

        8.3.3.  Specialty Stores 

        8.3.4.  Online Retail 

        8.3.5.  Other Sales Channel 

    8.4. Market Attractiveness Analysis By Sales Channel

9. Global Cutlery Market Analysis 2015-2019 and Forecast 2020-2030, by Region

    9.1. Introduction

    9.2. Historical Market Size (US$ Mn) & Volume (Mn Units) Analysis By Region, 2015-2019

    9.3. Current Market Size (US$ Mn) & Volume (Mn Units) Analysis and Forecast By Region, 2020 - 2030

        9.3.1. North America

        9.3.2. Latin America

        9.3.3. Europe

        9.3.4. East Asia 

        9.3.5. South Asia & Oceania 

        9.3.6. Middle East and Africa (MEA)

    9.4. Market Attractiveness Analysis By Region

10. North America Cutlery Market Analysis 2015-2019 and Forecast 2020-2030

    10.1. Introduction

    10.2. Market Size (US$ Mn) & Volume (Mn Units) Forecast By Market Taxonomy, 2020 - 2030

        10.2.1.  By Country

            10.2.1.1. U.S.

            10.2.1.2. Canada

        10.2.2. By Product Type

        10.2.3. By End Use 

        10.2.4. By Sales Channel

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Product Type

        10.3.3. By End Use 

        10.3.4. By Sales Channel

11. Latin America Cutlery Market Analysis 2015-2019 and Forecast 2020-2030

    11.1. Introduction

    11.2. Market Size (US$ Mn) & Volume (Mn Units) Forecast By Market Taxonomy, 2020 - 2030

        11.2.1.  By Country

            11.2.1.1. Brazil

            11.2.1.2. Mexico

            11.2.1.3. Rest of Latin America

        11.2.2. By Product Type

        11.2.3. By End Use 

        11.2.4. By Sales Channel

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Product Type

        11.3.3. By End Use 

        11.3.4. By Sales Channel

12. Europe Cutlery Market Analysis 2015-2019 and Forecast 2020-2030

    12.1. Introduction

    12.2. Pricing Analysis

    12.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2019

    12.4. Market Size (US$ Mn) & Volume (Mn Units) Forecast By Market Taxonomy, 2020 - 2030

        12.4.1.  By Country

            12.4.1.1. Germany

            12.4.1.2. France

            12.4.1.3. Italy

            12.4.1.4. Spain

            12.4.1.5. U.K.

            12.4.1.6. Rest of Europe

        12.4.2. By Product Type

        12.4.3. By End Use 

        12.4.4. By Sales Channel

    12.5. Market Attractiveness Analysis

        12.5.1. By Country

        12.5.2. By Product Type

        12.5.3. By End Use 

        12.5.4. By Sales Channel

13. East Asia Cutlery Market Analysis 2015-2019 and Forecast 2020-2030

    13.1. Introduction

    13.2. Pricing Analysis

    13.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2019

    13.4. Market Size (US$ Mn) & Volume (Mn Units) Forecast By Market Taxonomy, 2020 - 2030

        13.4.1. By Country

            13.4.1.1. China

            13.4.1.2. Japan

            13.4.1.3. South Korea

        13.4.2. By Product Type

        13.4.3. By End Use 

        13.4.4. By Sales Channel

    13.5. Market Attractiveness Analysis

        13.5.1. By Country

        13.5.2. By Product Type

        13.5.3. By End Use 

        13.5.4. By Sales Channel

14. South Asia  & Oceania Cutlery Market Analysis 2015-2019 and Forecast 2020-2030

    14.1. Introduction

    14.2. Pricing Analysis

    14.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2019

    14.4. Market Size (US$ Mn) & Volume (Mn Units) Forecast By Market Taxonomy, 2020 - 2030

        14.4.1.  By Country

            14.4.1.1. India

            14.4.1.2. Thailand

            14.4.1.3. Indonesia

            14.4.1.4. Rest of South Asia

        14.4.2. By Product Type

        14.4.3. By End Use 

        14.4.4. By Sales Channel

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Product Type

        14.5.3. By End Use 

        14.5.4. By Sales Channel

15. Middle East and Africa Cutlery Market Analysis 2015-2019 and Forecast 2020-2030

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2019

    15.4. Market Size (US$ Mn) & Volume (Mn Units) Forecast By Market Taxonomy, 2020 - 2030

        15.4.1.  By Country

            15.4.1.1. GCC Countries

            15.4.1.2. Turkey

            15.4.1.3. Rest of Middle East and Africa

        15.4.2. By Product Type

        15.4.3. By End Use 

        15.4.4. By Sales Channel

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Product Type

        15.5.3. By End Use 

        15.5.4. By Sales Channel

16. Market Structure Analysis

    16.1. Market Analysis by Tier of Companies 

    16.2. Market Concentration

    16.3. Market Share Analysis of Top Players

17. Competition Analysis

        17.1.1. The Oneida Group Inc.

            17.1.1.1. Overview

            17.1.1.2. Product Portfolio

            17.1.1.3. Sales Footprint

            17.1.1.4. Strategy Overview

        17.1.2. Browne Foodservice

            17.1.2.1. Overview

            17.1.2.2. Product Portfolio

            17.1.2.3. Sales Footprint

            17.1.2.4. Strategy Overview

        17.1.3. Sysco Corporation

            17.1.3.1. Overview

            17.1.3.2. Product Portfolio

            17.1.3.3. Sales Footprint

            17.1.3.4. Strategy Overview

        17.1.4. IVO Cutlery

            17.1.4.1. Overview

            17.1.4.2. Product Portfolio

            17.1.4.3. Sales Footprint

            17.1.4.4. Strategy Overview

        17.1.5. Canada Green Natural Products

            17.1.5.1. Overview

            17.1.5.2. Product Portfolio

            17.1.5.3. Sales Footprint

            17.1.5.4. Strategy Overview

        17.1.6. Greenmunch

            17.1.6.1. Overview

            17.1.6.2. Product Portfolio

            17.1.6.3. Sales Footprint

            17.1.6.4. Strategy Overview

        17.1.7. Green Century Enterprises Inc.

            17.1.7.1. Overview

            17.1.7.2. Product Portfolio

            17.1.7.3. Sales Footprint

            17.1.7.4. Strategy Overview

        17.1.8. Steelite International

            17.1.8.1. Overview

            17.1.8.2. Product Portfolio

            17.1.8.3. Sales Footprint

            17.1.8.4. Strategy Overview

        17.1.9. DWL International Tradind LLC (Winco)

            17.1.9.1. Overview

            17.1.9.2. Product Portfolio

            17.1.9.3. Sales Footprint

            17.1.9.4. Strategy Overview

        17.1.10. Utica Cutlery Company

            17.1.10.1. Overview

            17.1.10.2. Product Portfolio

            17.1.10.3. Sales Footprint

            17.1.10.4. Strategy Overview

        17.1.11. Bauscher Hepp

            17.1.11.1. Overview

            17.1.11.2. Product Portfolio

            17.1.11.3. Sales Footprint

            17.1.11.4. Strategy Overview

        17.1.12. TUO Cutlery 

            17.1.12.1. Overview

            17.1.12.2. Product Portfolio

            17.1.12.3. Sales Footprint

            17.1.12.4. Strategy Overview

18. Appendix

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Cutlery Market Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2020 to 2030