Cutting Boards Market Growth Accelerated by Increasing Demand for Multipurpose and Easy-to-Clean Cutting Boards
Cutting boards are wooden, plastic or glass surfaces used as a base for slicing, chopping and cutting of food items in the kitchen. Cutting boards come in different colors, sizes and materials like wood, bamboo, plastic which makes them suitable for various cooking needs. They provide a protective, non-porous and non-reactive surface for food preparation. This prevents direct contact of food with countertops and reduces chances of cross-contamination.
The global Cutting Boards Market is estimated to be valued at US$ 1.49 Bn in 2024 and is expected to exhibit a CAGR of 13.% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights
Market key trends:
The increasing demand for multipurpose and easy-to-clean cutting boards is
one of the major trends driving the growth of global cutting boards market.
Consumers are looking for cutting boards that serve multiple functionalities along
with ease of cleaning and maintenance. Manufacturers are innovating in
materials, designs and finishes to offer cutting boards with scratch
resistance, anti-microbial coatings as well as segmentation for different food
items. This has led to the introduction of advanced cutting boards that are
BPA-free, eco-friendly, lightweight and dishwasher safe. Such consumer-centric
innovations are fueling the popularity of cutting boards among home cooks and
food service sector.
Segment
Analysis
The global
cutting boards market is dominated by plastic cutting boards sub-segment.
Plastic cutting boards offer advantages like durability, affordability and easy
maintenance which makes them a popular choice among consumers over traditional
wood boards. Plastic boards are splash and stain resistant which reduces the
need for frequent cleaning. Their non-porous surface also makes them hygienic
as it can easily be sanitized with disinfectants.
Key Takeaways
The Global
Cutting Boards Market Size is expected to witness high growth over the
forecast period of 2024 to 2031. The market size for 2024 is projected to be US$ 1.49 Bn and is forecast to register
a CAGR of 13% during the said period.
Regional analysis: The North
American region currently dominates the cutting boards market owing to growing
popularity of home-cooking and prevalence of nuclear families in countries like
US and Canada. Increased health awareness is also driving consumers to opt for
convenient and affordable kitchen accessories. Asia Pacific is projected to be
the fastest growing market during the forecast period due to rising disposable
incomes and adoption of western lifestyle in countries like India and China.
Key players operating in the cutting boards market are
Mahindra Electric Mobility Limited, Saera Electric Auto Pvt. Ltd., Telco
E-Vehicles Pvt. Ltd., Gamma Industries, Knox Fuels Tech, Yuva E-Rickshaw, ATUL
Auto Limited, Bajaj Auto Limited, J.S. AUTO (P) LTD., Speego Vehicles Co Pvt
Limited, Dilli Electric Auto Pvt. Ltd., NDS Eco Motors Private Limited, Goenka
Electric Motor Vehicles Private Limited, Sarthak Industries, Perfexorld,
V.H.V.O Industries Pvt. Ltd, Mini Metro EV LLP, Pariti, Kinetic Green Energy
& Power Solutions Ltd., A G INTERNATIONAL PVT LTD.
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