Asia Pacific (APAC) Cutlery Market (2020-2026) | Size, Revenue, Industry, Share, Trends, Forecast, Growth, COVID-19 IMPACT, Companies, Outlook, Analysis & Value

Asia Pacific cutlery market is anticipated to witness growth over the forecast period. Cutleries, made from a variety of materials, are the utility tools used in preparing, serving, and eating food. Growing demand for disposable cutlery among ready-to-eat food manufactures is the major factor anticipated for the blooming of the cutlery market. Also, the increasing popularity of professional cooking at home that utilizes specialized cutlery, the increased popularity of casual dining and growing preference for fine dining are expected to be one of the major drivers of growth. Increasing awareness regarding eco-friendly and sustainable cutlery products and increased popularity associated with the introduction of new and advanced materials like titanium alloys, synthetic fiber and new polythene are also expected to boost the growth of the cutlery market. There are, however, some factors such as fluctuating raw material prices and a threat to the environment due to improper disposal of plastics are anticipated to hinder the market growth. Moreover, COVID-19 pandemic has also brought the growth of the market to a stop.

According to 6Wresearch, Asia Pacific (APAC) Cutlery Market size is anticipated to register growth during 2020-26. At present, the Asia Pacific region is expected to emerge as the fastest-growing market for cutlery during the forecast period, owing to changing lifestyle of the population, increasing inclination towards food hygiene in the countries in this region, an increasing number of food outlets and quick service restaurants. Markets in India, China, Japan, Australia and South Korea are expected to register moderate growth during the forecast period. Additionally, manufacturers of disposable cutlery in China and India particularly are concentrating on designed, colored and decorative cutlery which aids an appealing look to the product, leading to increase growth in the target market. Also, the growing population in developing countries including China and India causes environmental degradation. Environmentalists in the region are trying to control the pollution caused by plastic. As a result, the edible cutlery manufacturing firms are expected to rise and flourish in these regions. The major players in the cutlery market are Huhtamaki, Dart, KYOCERA International, Inc. and KitchenAid. 

Based on verticals, food service outlets such as hotels, restaurants and cafes, and quick service restaurants are expected to register maximum demand over the forecast period owing to the growing preference for fine dining. Based on material, the wood segment is expected to account for major share in terms of revenue in the cutlery market, owing to various features offered by this material such as cost-effectiveness and recyclable. Disposable cutlery is also expected to be a fast-growing sector of the market owing to an increase in outdoor social events such as parties, marriages, community get-togethers. The growing use of edible cutlery in the airline's industry drives the growth of the cutlery market.

The Asia Pacific cutlery market report thoroughly covers the market by product type, material, price range and countries including India, China, Japan, South Korea and Rest of Asia pacific. The cutlery market outlook report provides an unbiased and detailed analysis of the on-going cutlery 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.

Key Highlights

• Asia Pacific Cutlery Market Outlook
• Asia Pacific Cutlery Market Overview
• Asia Pacific Cutlery Market Forecast
• Historical Data for the period 2016-2019 and Market Forecast of Asia Pacific Cutlery Market Revenues until 2026
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Product Type
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Price Range
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Material
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Countries
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for India Cutlery Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for South Korea Cutlery Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for China Cutlery Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Japan Cutlery Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for rest of Asia Pacific Cutlery Market
• Market Drivers and Restraints
• Asia Pacific Cutlery Market Trends
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• South Korea Paint Rollers Market Share, By Players
• Competitive Benchmarking

Markets Covered

The report provides a detailed analysis of the following market segments:

• By Product Type:
• Spoons
• Knives
• Forks
• Others
• By Price Range:
• Low End
• Medium Range
• Premium
• By Material:
• Stainless Steel
• Plastic
• Silver
• Others
• By Countries:
• India
• South Korea
• China
• Japan
• Rest of Asia Pacific

Frequently Asked Questions About the Market Study (FAQs):