Published on: December 07, 2020
Plastic kitchenware market size will increase at a steady pace. The introduction of products with new designs and will be a key factor influencing market growth during the forecast period. Libbey , EveryWare Global , Arc International , Sisecam and Bormioli are some of the key vendors in this marketspace.
This report provides a comprehensive analysis of the market by distribution channel (offline and online) and geography.
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The plastic kitchenware market is catalogued under the housewares and specialties industry which will grow at a moderate pace during the forecast period.
The introduction of houseware with new designs and the growing demand for eco-friendly homeware will significantly influence market growth. Many vendors in the market offer eco-friendly products such as toxin-free cookware, glass containers, beeswax wrap, wooden cutting boards, reusable silicone baking cups, stainless steel eco-friendly straws, plates and bowls made of bagasse, bamboo-based reusable towels, and household cleaning tools and supplies. Factors such as growing awareness of the effect of extensive deforestation on climate change, the environmental hazards of plastic, and the impact of toxic finishes on air quality within homes have encouraged many houseware manufacturers to go green.
Moreover, the online market for houseware and specialties has witnessed significant growth in the last few years. The growth of the online retail sales channel and the adoption of the multichannel business model by vendors have contributed to the growth of the market. Increased Internet connectivity, the growing adoption of mobile Internet devices, and rising consumer awareness that have contributed to strong growth in online sales also drive the growth of the housewares and specialties market.
The global market for plastic kitchenware has been segmented by distribution channel and geography. By distribution channel, the market has been classified into offline and online.
Based on Geography
By geography, the report analyzes the market by key regions North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA).
Regional-specific analysis also provide insights of the upcoming demand for plastic kitchenware across key countries in these regions.
The global kitchen utensils market will grow at a CAGR of over 4% during 2021-2025. The Asia Pacific region will be a key market for kitchen utensils because of the growing number of restaurants. The global market size is expected to grow by $2.27 billion and about 40% of this will be from the Asia Pacific.
The introduction of products with new designs is a key trend that will influence market growth. The vendors will also have to overcome challenges such as the low product replacement cycle of plastic kitchenware.
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Scope of the Report |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Parent Market |
Housewares and Specialties |
Parent Market Size |
$XX.X billion |
By Distribution Channel |
Offline | Online |
Regional analysis |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA) |
Companies profiled |
Libbey, EveryWare Global, Arc International, Sisecam, and Bormioli |
Top Market Trend |
Introduction of products with new designs |
Report Benefits |
Market trends analysis, Competitor market share and strategies, Company profiling and competitive benchmarking, Growth opportunities in global and regional levels, Business implications of market risks and challenges, |