According to a new report, published by KBV research, The Global Bakeware Market size is expected to reach $5.6 billion by 2030, rising at a market growth of 5.8% CAGR during the forecast period. In the year 2022, the market attained a volume of 90,693.9 thousand Units experiencing a growth of 5.4% (2019-2022).
The Household segment is experiencing a CAGR of 6.3% during (2023 - 2030). The rising trend of home baking, influenced by social media, cooking shows, and the demand for homemade and healthier options, fuels the need for various bakeware products. In addition, innovations in materials, such as eco-friendly and non-stick coatings, enhance the appeal of bakeware for home cooks. The comfort of online shopping and the availability of diverse bakeware options further contribute to the steady market growth as consumers increasingly invest in high-quality kitchen tools for their baking needs.
The Pans & Dishes segment is generating the highest revenue in the Global Bakeware Market, By Product in 2022; thereby, achieving a market value of $2.0 billion by 2030. This can be attributed to the versatile utility of pans and dishes in various cooking and baking applications. Their widespread use in different culinary traditions and the constant demand for high-quality, durable, and innovative designs contribute significantly to their demand. The availability of various pan sizes and shapes allows bakers to create visually appealing baked goods, especially for special occasions. Moreover, the ongoing innovations in materials, coatings, and ergonomic designs enhance the functionality and appeal of pans and dishes.
The Glass segment is exhibiting a CAGR of 5.4% during (2023 - 2030). Glass bakeware provides excellent heat distribution, ensuring that the food bakes evenly. This results in consistent texture and color across the entire dish. Glass bakeware is versatile and can be used for various recipes, including casseroles, lasagnas, roasted vegetables, pies, bread, and more. It's suitable for both sweet and savory dishes. Glass is non-reactive, which means it won't interact with acidic or alkaline ingredients. This is particularly important for dishes containing tomatoes, citrus, or vinegar, as it won't affect the flavor of the food.
The Europe region dominated the Global Bakeware Market, By Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.9 billion by 2030. The Asia Pacific market is anticipated to grow a CAGR of 6.5% during (2023 - 2030). Additionally, The North America market would witness a CAGR of 5.6% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/bakeware-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Groupe SEB, Newell Brands, Inc., Le Creuset France SAS, Meyer Corporation, U.S. (Meyer Manufacturing Co. Ltd.), Wilton Brands LLC (Dr. August Oetker KG), Fackelmann GmbH + Co. KG, Northland Aluminum Products, Inc. (Nordic Ware), USA Pan, International Cookware Limited (Kartesia) and Emile Henry.
By End-user (Volume, Thousand Units, USD Billion/Million, 2019-2030)
By Product (Volume, Thousand Units, USD Billion/Million, 2019-2030)
By Material (Volume, Thousand Units, USD Billion/Million, 2019-2030)
By Geography (Volume, Thousand Units, USD Billion/Million, 2019-2030)
Companies Profiled
Unique Offerings 
