The Cutting Boards Market involves manufacturing and sales of cutting boards used primarily in commercial and residential kitchens. Cutting boards are flat surfaces made of various materials such as wood, plastic, glass, bamboo, and others, designed for providing a sturdy base for cutting or chopping ingredients. They protect kitchen counters or tables from blade marks and keep food safely separated from surfaces used for multiple tasks. Majority of cutting boards available in the market today come with handles or non-slip bases for easy mobility and stability while in use.
The Global Cutting Boards Market is estimated to be valued at US$ 1.49 Bn in 2024 and is expected to exhibit a CAGR of 13% over the forecast period 2024 To 2031.
Key Takeaways
Key players operating in the Cutting Boards Market are Mahindra Electric Mobility Limited, Saera Electric Auto Pvt. Ltd., Telco E-Vehicles Pvt. Ltd., Gamma Industries, Knox Fuels Tech, Yuva E-Rickshaw, ATUL Auto Limited, Bajaj Auto Limited, J.S. AUTO (P) LTD., Speego Vehicles Co Pvt Limited, Dilli Electric Auto Pvt. Ltd., NDS Eco Motors Private Limited, Goenka Electric Motor Vehicles Private Limited, Sarthak Industries, Perfexorld, V.H.V.O Industries Pvt. Ltd, Mini Metro EV LLP, Pariti, Kinetic Green Energy & Power Solutions Ltd., A G INTERNATIONAL PVT LTD. There is a growing demand for cutting boards made from eco-friendly and sustainable materials like bamboo. Many companies are focusing on expanding their distribution globally to cater to the rising need for hygienic and durable kitchen accessories worldwide.
The global expansion of the Cutting Boards Market Demand can be attributed to factors like growing health-consciousness among consumers, rapid urbanization, and developing food retail industry. As lifestyle changes and dependence on ready meals increase, demand for cutting boards is witnessing a simultaneous rise across both developed and developing regions. With more people cooking at home amid the COVID-19 pandemic, sales of cutting boards surged considerably over the last year.
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