CUTTING BOARDS MARKET IS ANTICIPATED TO WITNESS HIGH GROWTH OWING TO RISING URBANIZATION

Cutting Boards Market is Anticipated to Witness High Growth Owing to Rising Urbanization

Cutting Boards Market is Anticipated to Witness High Growth Owing to Rising Urbanization

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A cutting board is a broad, usually chopping board used as a home slicer or food preparation surface, usually made of hardwoods, plastics, or synthetic materials. Cutting boards come in various sizes and shapes and are commonly used in kitchens for preparing foods that require chopping or slicing. The advantages of using cutting boards over directly cutting on countertops include preserving the material of countertops and reducing the risk of cross-contamination. With growing urbanization and rising disposable incomes, demand for kitchen accessories such as cutting boards is increasing significantly. The increasing health awareness among individuals regarding safe food preparation practices is also driving the demand for cutting boards.

Cutting boards market size is expected to reach US$ 3.36 Bn Bn by 2031, from US $2.24 in 2023, exhibiting a CAGR of 6% during the forecast period.

Key Takeaways

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. These companies hold a significant share of the market owing to their brand image and product offerings.

The market provides numerous growth opportunities for manufacturers in the form of product innovation and expansion into untapped markets. Companies are focusing on developing cutting boards with advanced features such as integrated strainers, juice collectors etc. to capture more customers.

Globally, the Cutting Boards Market Demand is expanding rapidly with emerging countries witnessing higher adoption. Leading manufacturers have started establishing production and distribution facilities across Asia Pacific and Middle Eastern countries to leverage high growth opportunities in these regions.

Market drivers: Rapid urbanization in developing nations has boosted infrastructure development including kitchen infrastructure like cutting boards. Changing lifestyles and rising disposable income are also driving the market.

Market restraints: Availability of cheaper substitutes like wooden plates limits the revenues of cutting board manufacturers. Strict regulations regarding materials used can increase costs of production as well.
Segment Analysis
Wood cutting boards segment currently holds the largest market share as people consider wood boards as safer options for food preparation. Wood boards don't react with acids in food and some even think they improve flavors of food prepared on them. Within wood boards, hardwood boards made of maple, bamboo or acacia are gaining popularity over softwood boards due to their hardness and longevity.

Plastic cutting boards segment is expected to witness fastest growth during the forecast period. Lightweight and easy to clean nature makes plastic boards a preferred choice for home and commercial kitchens. High-density polyethylene (HDPE) and polypropylene (PP) plastic boards are dominating this segment owing to their affordability and moisture resistance as compared to other plastics.

Global Analysis
North America dominates the global Cutting Boards Market Regional Analysis led by the United States. Presence of large number of households and focus on kitchen tools and accessories drives the regional market. Asia Pacific cutting boards market is estimated to grow at fastest pace during the forecast period due to rising disposable incomes, improving living standards and growing trend of in-home cooking in countries like China and India. Growing restaurant industry particularly in China is also contributing to regional market growth. Europe holds significant market share with Germany and United Kingdom among major country markets.

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About Author:

Vaagisha brings over three years of expertise as a content editor in the market research domain. Originally a creative writer, she discovered her passion for editing, combining her flair for writing with a meticulous eye for detail. Her ability to craft and refine compelling content makes her an invaluable asset in delivering polished and engaging write-ups.

(LinkedIn: https://www.linkedin.com/in/vaagisha-singh-8080b91)

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