The global Cutting Boards Market is estimated to be valued at US$ 1.29 Bn in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Cutting boards are kitchen tools used to cut, dice and chop vegetables, meat and other food items. They are usually made from wood, plastic, bamboo or composite materials. Cutting boards made from plastic are inexpensive, light weight and easy to clean compared to wooden boards. They prevent cross contamination between foods and also protect countertops from damage.
Market key trends:
One of the key trends in the cutting boards market is the rising demand for plastic and bamboo cutting boards. Plastic boards are microwave, dishwasher and moisture resistant making them very convenient to use and clean. They do not require much maintenance like oiling or sealing like wood boards. Moreover, they are lightweight and cheaper than wooden boards. Bamboo boards are environment friendly and have properties similar to hardwoods like being durable and sturdy. They are also easy to clean, do not absorb odors or bacteria and are inexpensive. These properties are driving the demand of plastic and bamboo cutting boards over conventional wood boards.
Segment Analysis
The global cutting boards market is segmented by material, distribution channel, and end use. Based on material, the market is segmented into wood, plastic, marble, glass and others. The wood segment dominates the market as wood cutting boards are preferred for their versatility and durability. Wood boards provide a natural, gentle grip that minimizes scrapes and cuts to fruits and vegetables during chopping and slicing.
Key Takeaways
The Global Cutting Boards Market is expected to witness high growth, exhibiting CAGR of 7.3% over the forecast period, due to increasing demand for multi-functional kitchen accessories.
Regional analysis: North America dominates the cutting boards market with over 30% share owing to strong presence of key players and higher health awareness among population regarding hygienic food preparation. Asia Pacific region exhibits highest growth and is expected to grow at 8.5% CAGR during forecast period due to rapid urbanization and rising disposable income in countries like India and China.
Key players analysis: 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. The market leaders like Epicurean and John Boos are investing in new technologies to develop cutting boards with enhanced durability and performance.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. With an MBA in E-commerce, she has an expertise in SEO-optimized content that resonates with industry professionals.