Bakeware Market Size, Share & Industry Analysis, By Product Type (Pans and Trays, Dishes, Cups, Others), By Application (Commercial, Household), By Distribution Channel (Hypermarkets & Supermarkets, Specialty Stores, Online Stores, Others) And Regional Forecast, 2024-2032

The increasing consciousness regarding healthy food habits and change in the consumer preferences towards customized flavor and taste in snacks is expected to drive the demand for bakeware products. The changing preferences in eating habits have played a key role in surging the bakeware products demand.

The bakeware market is also driven due to the increasing concerns of health hazards associated with unhealthy fried foods, which leads the users to opt for bakeware items. The growing concerns regarding healthy nutrition have boosted the sales of bakeware products.

• According to the National Family Health Survey (NHFS) data in Dec 2020, there is a drastic rise in obese children below five years of age in 20-22 of the Indian states. The study reported that obesity is caused due to unhealthy food habits and lack of physical exercise.


• The National Nutrition Week is conducted every year in India on the 1st week of September to generate public awareness about nutrition and healthy food habits.

Additionally, the growing popularity of bakeries has contributed to a surge in the adoption of different kinds of bakeware tools and accessories to serve the evolving customer's tastes. 

• According to the data from the website of the American Bankers Association, the baking industry in the U.S. employs over 800,000 skilled people and accounts for an economic impact of over USD 154 billion in the U.S. Also, as per the same source, bakers are found in all fifty states in Columbia and Puerto Rico districts.

Moreover, the campaigns and social activities initiated by renowned market players to raise awareness among the masses create new growth opportunities for the market in its growth.

• Dawn Food has initiated a campaign named 'Called Bake it Vegan' in January 2021 to advertise Dawn Food's vegan range, including crème cake, cookie, brownie and muffin mixes. The campaign was launched to offer a wide range of recipes and vegan products to bakers and caterers in the U.S.

Impact of COVID-19 on Bakeware Market

The Covid-19 outbreak has drastically impacted the market and has resulted in slow growth in the demand for bakeware products. The stringent government rules across the globe have led to the closure of marketplaces, which has directly affected the sales growth of bakeware items. Additionally, the closure of bakeries and eateries has significantly decelerated the demand for such products, as these items lack in requirement across the commercial kitchens.

However, in the post-Covid-19 time, the market is expected to withstand the demand for bakeware products as the markets are opening. The purchase of such items is expected to gradually increase in demand, as online shopping has propagated, and brick and mortar stores are expected to see a foothold in demand for bakeware products.

Key Insights

The report will cover the following key insights:

• Increasing concerns of health hazards associated with unhealthy fried foods – For Bakeware Market


• The growing popularity of bakeries – For Bakeware Market


• Overview of Bakeware Market - For Bakeware Market


• Campaigns and social activities initiated by renowned market players- For Bakeware Market


• Impact of COVID-19 on Bakeware Market

Analysis by Product Type

The tins and trays segment is projected to hold the dominant share of the global bakeware market as there is a growing interest of the users towards customizable baking options for bakeries and different foodstuffs to match their taste buds. The tins and trays are widely adopted in the household kitchen because they offer customizable baking options at fluctuating temperatures. The convenience of baking multiple items quickly and providing a base for holding multiple items while baking is expected to maintain the dominance of the baking tins and trays during the forecast period.

Analysis By End-user

The commercial segment is estimated to hold the largest global bakeware market. The commercial kitchens use different kinds of bakeware tools that range from muffin pans to cake molds to process various baking items for sale to the customers. The wide variety of baking foodstuffs prepared by a growing number of bakeries and cafes has induced the demand for bakeware in commercial kitchens. Besides this, the rising inclination of dining outdoors has supported the requirement for bakeware at commercial kitchens, witnessing robust growth.

Analysis By Distribution Channel

The offline segment is anticipated to exhibit the largest share of the global bakeware market as the offline channel provides an enhanced shopping experience in terms of instant buying and product testing of different bakeware items. Additionally, the promotional activities undertaken by respective bakeware companies through linking with retail outlets in shopping malls and other supermarts facilitate the offline segment's demand. The convenience of selecting and shopping items as per the customer preferences is expected to result in the growth of this segment.

Regional Analysis

The North American region is expected to account for the dominant share of the global market, and the region has a strong foothold in the revenue share of bakeware products. The region's dominance is mainly attributed to prominent industries that offer different categories of bakeware items made in the USA. Also, the population expenditure on household expenses, including modular kitchen accessories, has skyrocketed the demand for bakeware tools, allowing the emerging manufacturers and key market players to offer a wide range of bakeware items for customer's convenience. These factors, as a result, have played an influential role in uplifting the region's growth.

Key Players Covered

The report will include key players such as Kaiser Bakeware, Maersk Canada, Love Cooking Company, The Oneida Group Inc., Primma G.R.A, USA PAN, Calphalon LLC, Reynolds Consumer Products LLC, Knightsbridge Bakeware Centre, Wonderchef Home Appliances Pvt. Ltd., and others.

Segmentation

Key Industry Developments

• For instance, in April 2021, Made In, a quality D2C cookware supplier, has collaborated with baking legend Nancy Silverton to develop porcelain dishes, which come in different shapes and sizes. The French Porcelain dishes are available in exotic looks.


• For instance, in Oct 2021, Caraway, a Non-toxic cookware company, launched bakeware in five beautiful colors. The bakeware items, including non-stick pans, are prepared from non-toxic materials, which come with a ceramic coating and are free from heavy metals.