China Cutlery Market (2024-2030) | Share, Forecast, Growth, Trends, Industry, Companies, Value, Outlook, Size, Revenue & Analysis

Market Forecast By Product Type (Forks, Spoons, Knives, Others), By Price Range (Low End, Medium Range, Premium), By Material (Stainless Steel, Plastic, Silver, Others) And Competitive Landscape

Product Code: ETC028121 Publication Date: Jun 2023 Updated Date: Oct 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

China Cutlery Market Competition 2023

China Cutlery market currently, in 2023, has witnessed an HHI of 1565, Which has decreased slightly as compared to the HHI of 1708 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

China Cutlery Market Competition 2023

China Export Potential Assessment For Cutlery Market (Values in USD Thousand)


topic

China Cutlery market Highlights

Report Name China Cutlery Market
Forecast Period 2024-2030
Market Size USD 8.9 Billion by 2030
CAGR 7.6%
Growing Sector Food & Beverages

Topics Covered in the China Cutlery Market Report

The China Cutlery market report thoroughly covers the market by product type, by price range and by material. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

China Cutlery Market Size & Analysis

In 2024, the China Cutlery market is valued at approximately $ 6.2 billion, with a projected compound annual growth rate (CAGR) of 7.6% over the next five years. Additionally, by 2030, the market is expected to reach around $ 8.9 billion. The food and beverage segment holds significant position in the overall market.

China Cutlery Market Synopsis

The China cutlery market is one of the largest and most dynamic globally, driven by the country's vast population, increasing disposable incomes, and a growing middle class with a rising interest in culinary arts and dining experiences. The market encompasses a wide range of products, including stainless steel, plastic, and wooden cutlery, catering to both domestic use and the booming food service industry. With a strong emphasis on quality and design, Chinese manufacturers are increasingly focusing on innovative and aesthetically pleasing products to meet consumer demands.

Additionally, the trend towards online shopping is transforming distribution channels, enabling consumers to access a broader variety of cutlery options. As health and safety concerns continue to rise, there is also a growing preference for cutlery that is easy to clean and maintain. Overall, the China cutlery market is poised for continued growth, reflecting the evolving lifestyles and preferences of its consumers.

According to 6Wresearch, China Cutlery market size is projected to grow at a CAGR of 7.6% during 2024-2030. The growth of the China cutlery market is propelled by several key drivers, including increasing disposable incomes, urbanization, and a growing interest in culinary activities and home dining experiences. As consumers become more health-conscious and invest in quality kitchenware, there is a rising demand for durable and aesthetically pleasing cutlery. Additionally, the booming food service sector, driven by the expansion of restaurants and cafes, significantly contributes to market growth as these establishments seek high-quality cutlery for enhanced dining experiences.

However, the China Cutlery industry faces challenges such as intense competition among local and international brands, leading to price pressures that can affect profit margins. Moreover, fluctuations in raw material costs, particularly for stainless steel and other metals, pose risks for manufacturers. Regulatory compliance regarding product safety and environmental standards further complicates operations, requiring investment in sustainable practices. Balancing quality, affordability, and sustainability while navigating these challenges will be crucial for companies in the competitive Chinese cutlery market.

China Cutlery Market Trends

  • Sustainability Focus - Increasing consumer demand for eco-friendly cutlery made from sustainable materials, driving innovations in biodegradable and recyclable options.
  • Smart Kitchenware - Growing interest in smart cutlery that integrates technology, such as tracking nutritional intake or offering cooking tips through mobile apps.
  • Aesthetic Appeal - Rising preference for visually appealing designs and finishes, with consumers seeking cutlery that enhances dining experiences and complements table settings.
  • Online Shopping Surge - Significant growth in e-commerce channels, enabling consumers to easily access a wide variety of cutlery products, often at competitive prices.
  • Health and Hygiene Concerns - Heightened awareness around hygiene post-pandemic, leading to increased demand for cutlery that is easy to clean and maintain, as well as products with antimicrobial properties.

Investment Opportunities in the China Cutlery Market

  • Eco-Friendly Product Development - Investing in the creation of sustainable cutlery made from biodegradable or recyclable materials to meet growing consumer demand for environmentally friendly options.
  • Smart Cutlery Innovations - Exploring investments in technology-driven cutlery products that integrate smart features, such as nutritional tracking or interactive cooking guides.
  • E-Commerce Expansion - Establishing or enhancing online retail platforms to capitalize on the increasing trend of e-commerce, providing consumers with greater access to a diverse range of cutlery products.
  • Customization Services - Launching services that allow consumers to personalize cutlery, such as custom engravings or unique designs, appealing to the gifting market and individual preferences.
  • Collaboration with Culinary Brands - Partnering with chefs, culinary schools, and restaurants to promote high-quality cutlery brands, enhancing visibility and credibility in the market.

Key Players in the China Cutlery Market

The China cutlery market is home to several key companies that significantly influence its dynamics and growth. Wuzhou Sanhe Kitchenware Co., Ltd. is a prominent player known for its extensive range of high-quality stainless steel cutlery and innovative kitchen products. Zhejiang Shunlong Steel Products Co., Ltd. specializes in manufacturing cutlery that emphasizes both functionality and design, catering to both domestic and international markets.

Xiamen Jiajiahao Industrial & Trade Co., Ltd. is recognized for its diverse cutlery offerings, focusing on modern aesthetics and durability. Additionally, Kukri (China) Co., Ltd., a well-established brand, provides a variety of cutlery and kitchenware, prioritizing quality and craftsmanship. Additionally, some of these players hold majority of the China Cutlery market share. Moreover, these companies leverage strong manufacturing capabilities, innovative designs, and effective distribution channels to maintain their competitive edge in the rapidly evolving Chinese cutlery market.

Government Regulations in the China Cutlery Market

In China, the cutlery market is governed by a series of regulations aimed at ensuring product safety, quality, and environmental compliance. The State Administration for Market Regulation (SAMR) oversees the enforcement of safety standards for kitchenware, including cutlery, requiring manufacturers to adhere to stringent guidelines regarding materials, hygiene, and labeling.

Additionally, the GB (Guobiao) standards, which are mandatory national standards, specify requirements for food contact materials, including those used in cutlery production, to ensure they are safe for consumer use. As sustainability becomes increasingly important, regulations concerning the use of recyclable materials and eco-friendly production processes are also gaining traction. Further, these initiatives have further boosted the China Cutlery market revenues. Furthermore, companies are required to comply with the REACH-like regulations that mandate the disclosure of chemical properties of materials used, promoting transparency and consumer safety.

Future Insights of the China Cutlery Market

The future of the China cutlery market is poised for substantial growth, driven by evolving consumer preferences and technological advancements. As sustainability continues to be a central theme, manufacturers will likely increase investments in eco-friendly materials and production processes, aligning with global environmental standards. The rising trend of home cooking and gourmet dining will further boost demand for high-quality, aesthetically pleasing cutlery that enhances culinary experiences. Innovations in smart technology will likely reshape product offerings, with smart cutlery that tracks nutritional information or integrates with cooking apps gaining popularity. Additionally, the continued expansion of e-commerce platforms will enhance consumer access to diverse cutlery products, making online shopping an essential channel for growth.

Spoons to Dominate the Market - By Product Type

According to Ravi Bhandari, Research Head, 6Wresearch, the spoons product category within the China cutlery market is experiencing significant growth, fueled by the rising popularity of home cooking and dining experiences, particularly among younger consumers who prioritize high-quality kitchenware. As culinary creativity flourishes, there is a growing demand for various types of spoons, including serving spoons, dessert spoons, and specialty designs that enhance food presentation. Additionally, the trend towards sustainability is driving interest in eco-friendly materials for spoon production, such as bamboo and biodegradable plastics. Innovations in design, such as ergonomic shapes and unique finishes, are also attracting consumers looking for both functionality and aesthetics.

Stainless Steel Category to Dominate the Market – By Material

The growth of stainless steel as a material in the China cutlery market is propelled by its exceptional durability, hygienic properties, and modern aesthetic appeal, making it a favored choice among consumers and manufacturers alike. As health-conscious dining trends rise, stainless steel cutlery is increasingly preferred for its resistance to rust, corrosion, and staining, ensuring longevity and ease of maintenance. Additionally, the material's recyclability aligns with the growing consumer demand for sustainable products, prompting manufacturers to adopt eco-friendlier practices. Innovations in stainless steel production, including advanced finishes and ergonomic designs, are also enhancing its attractiveness to consumers seeking both functionality and style.

Key Attractiveness of the Report

  • 10 Years Market Numbers.
  • Historical Data Starting from 2020 to 2023.
  • Base Year - 2023.
  • Forecast Data until 2030.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • China Cutlery Market Overview
  • China Cutlery Market Outlook
  • Market Size of China Cutlery Market, 2023
  • Forecast of China Cutlery Market, 2030
  • Historical Data and Forecast of China Cutlery Revenues & Volume for the Period 2020-2030
  • China Cutlery Market Trend Evolution
  • China Cutlery Market Drivers and Challenges
  • China Cutlery Market Price Trends
  • China Cutlery Market Porter's Five Forces
  • China Cutlery Market - Industry Life Cycle
  • Historical Data and Forecast of China Cutlery Market Revenues & Volume, By Product Type for the Period 2020-2030
  • Historical Data and Forecast of China Cutlery Market Revenues & Volume, By Forks for the Period 2020-2030
  • Historical Data and Forecast of China Cutlery Market Revenues & Volume, By Spoons for the Period 2020-2030
  • Historical Data and Forecast of China Cutlery Market Revenues & Volume, By Knives for the Period 2020-2030
  • Historical Data and Forecast of China Cutlery Market Revenues & Volume, By Others for the Period 2020-2030
  • Historical Data and Forecast of China Cutlery Market Revenues & Volume, By Price Range for the Period 2020-2030
  • Historical Data and Forecast of China Cutlery Market Revenues & Volume, By Low End for the Period 2020-2030
  • Historical Data and Forecast of China Cutlery Market Revenues & Volume, By Medium Range for the Period 2020-2030
  • Historical Data and Forecast of China Cutlery Market Revenues & Volume, By Premium for the Period 2020-2030
  • Historical Data and Forecast of China Cutlery Market Revenues & Volume, By Material for the Period 2020-2030
  • Historical Data and Forecast of China Cutlery Market Revenues & Volume, By Stainless Steel for the Period 2020-2030
  • Historical Data and Forecast of China Cutlery Market Revenues & Volume, By Plastic for the Period 2020-2030
  • Historical Data and Forecast of China Cutlery Market Revenues & Volume, By Silver for the Period 2020-2030
  • Historical Data and Forecast of China Cutlery Market Revenues & Volume, By Others for the Period 2020-2030
  • China Cutlery Import Export Trade Statistics
  • Market Opportunity Assessment, By Product Type
  • Market Opportunity Assessment, By Price Range
  • Market Opportunity Assessment, By Material
  • China Cutlery Market - Top Companies Market Share, 2023
  • China Cutlery Market - Competitive Benchmarking, By Technical and Operational Parameters
  • China Cutlery Market - Company Profiles
  • China Cutlery Market - Key Strategic Recommendations

Markets Covered

The China Cutlery market report provides a detailed analysis of the following market segments -

By Product Type

  • Forks
  • Spoons
  • Knives
  • Others

By Price Range

  • Low End
  • Medium Range
  • Premium

By Material

  • Stainless Steel
  • Plastic
  • Silver
  • Others
China Cutlery Market (2024-2030): FAQs
The market growth is driven by growing popularity of cooking shows, innovation and technology, expansion of restaurant industry as well as growth of E-commerce.
The spoons are expected to register enormous growth over the years.
The stainless steel material category holds the highest market share.
WΓΌsthof, Zwilling J.A., Henckels and Victorinox are some of the prominent players in the China Cutlery market.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 China Cutlery Market Overview
3.1 China Country Macro Economic Indicators
3.2 China Cutlery Market Revenues & Volume, 2020 & 2030F
3.3 China Cutlery Market - Industry Life Cycle
3.4 China Cutlery Market - Porter's Five Forces
3.5 China Cutlery Market Revenues & Volume Share, By Product Type, 2020 & 2030F
3.6 China Cutlery Market Revenues & Volume Share, By Price Range, 2020 & 2030F
3.7 China Cutlery Market Revenues & Volume Share, By Material, 2020 & 2030F
4 China Cutlery Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 China Cutlery Market Trends
6 China Cutlery Market, By Types
6.1 China Cutlery Market, By Product Type
6.1.1 Overview and Analysis
6.1.2 China Cutlery Market Revenues & Volume, By Product Type, 2020 - 2030F
6.1.3 China Cutlery Market Revenues & Volume, By Forks, 2020 - 2030F
6.1.4 China Cutlery Market Revenues & Volume, By Spoons, 2020 - 2030F
6.1.5 China Cutlery Market Revenues & Volume, By Knives, 2020 - 2030F
6.1.6 China Cutlery Market Revenues & Volume, By Others, 2020 - 2030F
6.2 China Cutlery Market, By Price Range
6.2.1 Overview and Analysis
6.2.2 China Cutlery Market Revenues & Volume, By Low End, 2020 - 2030F
6.2.3 China Cutlery Market Revenues & Volume, By Medium Range, 2020 - 2030F
6.2.4 China Cutlery Market Revenues & Volume, By Premium, 2020 - 2030F
6.3 China Cutlery Market, By Material
6.3.1 Overview and Analysis
6.3.2 China Cutlery Market Revenues & Volume, By Stainless Steel, 2020 - 2030F
6.3.3 China Cutlery Market Revenues & Volume, By Plastic, 2020 - 2030F
6.3.4 China Cutlery Market Revenues & Volume, By Silver, 2020 - 2030F
6.3.5 China Cutlery Market Revenues & Volume, By Others, 2020 - 2030F
7 China Cutlery Market Import-Export Trade Statistics
7.1 China Cutlery Market Export to Major Countries
7.2 China Cutlery Market Imports from Major Countries
8 China Cutlery Market Key Performance Indicators
9 China Cutlery Market - Opportunity Assessment
9.1 China Cutlery Market Opportunity Assessment, By Product Type, 2020 & 2030F
9.2 China Cutlery Market Opportunity Assessment, By Price Range, 2020 & 2030F
9.3 China Cutlery Market Opportunity Assessment, By Material, 2020 & 2030F
10 China Cutlery Market - Competitive Landscape
10.1 China Cutlery Market Revenue Share, By Companies, 2023
10.2 China Cutlery Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All