The Europe Bakeware Market would witness market growth of 5.0% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 22,452.9 thousand Units, showcasing a growth of 4.7% (2019-2022).
Diverse baking needs have led to innovation in raw materials in the market. Lurch AG, a German kitchenware manufacturer, utilizes Vectra liquid-crystalline polymer (LCP) in their bakeware production, offering excellent heat resistance, rigidity, toughness, and compliance with food safety regulations. Moreover, advanced coatings and alloys, such as the epoxy-free coating systems used by FBS Balke International GmbH & Co. KG, enhance bakeware durability, non-stick properties, and hygiene standards. The demand for such materials is witnessing growth in the market.
This has driven the demand for bakeware that promotes better nutrition, such as silicone baking mats and non-stick coatings that reduce the need for excessive fats and oils. Personalization has become a key factor driving the market. Consumers are looking for bakeware products that allow them to express their creativity and individuality. The development of non-stick coatings, advanced heat distribution technology, and materials like silicone and ceramic have enhanced the performance of bakeware products, making baking easier and more efficient.
According to the International Trade Administration, Germany's e-commerce industry is one of the largest in Europe. The number of e-commerce customers, internet penetration, and annual average expenditures are all higher than the European average. In 2021, total sales reached USD 127.5 billion, a 24 percent increase over 2020. The online population in Germany is expected to rise from 62.4 million in 2020 to 68.4 million in 2025. In 2021, e-commerce penetration in the German industry attained 77%. The rise of the online population in Germany has made bakeware products more accessible to a more significant market segment. Consumers from urban and rural areas can easily browse and purchase bakeware items. The factors mentioned above will propel the market growth in this region.
The Germany market dominated the Europe Bakeware Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $405.3 million by 2030. The UK market is showcasing a CAGR of 4.1% during (2023 - 2030). Additionally, The France market would register a CAGR of 5.8% during (2023 - 2030).
Based on End-user, the market is segmented into Commercial, and Household. Based on Product, the market is segmented into Pans & Dishes, Tins & Trays, Molds, Cups, Rolling Pin, and Others. Based on Material, the market is segmented into Aluminum, Glass, Stoneware, Stainless steel, Carbon Steel, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Bakeware Market will Hit $5.6 Billion by 2030, at a CAGR of 5.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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 Country (Volume, Thousand Units, USD Billion/Million, 2019-2030)
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