Asia Pacific Bakeware Market Size & Outlook, 2023-2030
The bakeware market in Asia Pacific is expected to reach a projected revenue of US$ 1,503.5 million by 2030. A compound annual growth rate of 7.2% is expected of Asia Pacific bakeware market from 2024 to 2030.
Revenue, 2023 (US$M)
$921.5
Forecast, 2030 (US$M)
$1,503.5
CAGR, 2024 - 2030
7.2%
Report Coverage
Asia Pacific
Asia Pacific bakeware market, 2018-2030 (US$M)
Related Markets
Asia Pacific bakeware market highlights
- The Asia Pacific bakeware market generated a revenue of USD 921.5 million in 2023.
- The market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
- In terms of segment, pans & dishes was the largest revenue generating product in 2023.
- Molds is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 921.5 million |
| Market revenue in 2030 | USD 1,503.5 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Pans & dishes |
| Fastest growing segment | Molds |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tins & Trays, Cups, Molds, Pans & Dishes, Rolling Pin |
| Key market players worldwide | Groupe SEB, Wilton Resources Inc, Newell Brands Inc, Embracer Group AB, Meyer, Fackelmann, USA Pan, Le Creuset, International Cookware, Emile Henry |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 23.7% of the global bakeware market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,503.5 million by 2030.
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Bakeware Market Scope
Bakeware market segmentation & scope
Bakeware Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific bakeware market size, by country, 2018-2030 (US$M)
Asia Pacific Bakeware Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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