Cutting Boards Market Analysis, Key Company Profiles, Types

Global Cutting Boards Market: Overview

Cutting boards are essential in both home and commercial kitchens. However, consumer preferences differ significantly between the domestic and commercial segments of the global cutting board market. As a result, the cutting board market is highly segmented based on a variety of criteria. One of the key segmentation parameters is the raw material used in cutting boards, as cutting boards can be made of a variety of materials such as wood, plastic, glass, steel, and marble. Wood and plastic cutting boards are the most commonly used in domestic kitchens; they can be further sub-segmented based on the type of wood used and polyethylene and high-density polythene plastics.

Because of the volume of items that must be cut and the ease of cleaning stainless-steel cutting boards, commercial kitchens in hotels and restaurants typically prefer larger heavy-duty stainless-steel cutting boards.
Furthermore, cutting boards are not only used in kitchens; they are also used by small-scale industries to cut materials such as leather or plastic. Due to a plethora of local players, variations in raw material costs, and diverse food habits, the cutting boards market is also highly diverse in its regional segments. Because of the market’s diversity, the impact of the Covid-19 crisis will be felt in a variety of ways.

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The price influences the market, whereas cutting boards are a necessity of life. People associate low prices with poor quality and a high replacement rate, so some more expensive cutting boards are quite popular. Although Chinese domestic companies have a price advantage due to poor manufacturing processing, cheap raw materials, and a lack of product diversity, the duration is much shorter than for high-quality goods. Leading companies benefit from superior performance, a wider range of product types, superior technical support, and faultless after-sales services. As a result, they control the majority of the high-end market. Looking ahead, the recent stable and slightly slower downward price trend will be maintained.

Drivers and Trends:

Growth in housing units due to nuclear families and single adults is driving consistently growing demand for cutting boards in the residential segment, while the growing middle class and increasing tendency to eat out is driving growth in the hospitality sector and driving demand for cutting boards in the commercial segment. In recent years, residential consumers have favoured glass or marble cutting boards over wooden or plastic cutting boards. This is because people are becoming more aware that bacteria are more easily trapped in plastic or wood, whereas glass and marble are easier to clean. However, due to the hardness of the material, such boards are more likely to damage knives.

The rise in sales of cutting boards made of hard materials is also driven by lower prices combined with a slower replacement rate. This has resulted in the popularity of expensive cutting boards and manufacturers focusing on quality and value of sales rather than volume. A trend in the cutting board market has also been a steady drop in product prices as raw materials become cheaper and competition in regional segments intensifies; as a result, most major companies are now manufacturing locally. Increasing sales through online platforms is also becoming more popular.

Global Cutting Boards Market: Major Players
Epicurean
Joseph Joseph
ONBRD
San Jamar
John Boos
Larch Wood
Setta Kitchenware
Chefs Block
Suncha
Edward Wohl

Global Cutting Boards Market: Types
Wood Materials
Plastic Materials
Composite Materials
Bamboo Materials
Other

Global Cutting Boards Market: Applications
Household use
Industrial use

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Impact of Covid-19:

The Covid-19 crisis will have a minor impact on the cutting board market. The economic fallout from the Covid-19 pandemic is expected to have a negative impact on the hospitality sector, potentially affecting commercial sales. The domestic requirement for cutting boards, on the other hand, will remain largely unchanged.
On the other hand, the Covid-19 pandemic may raise consumer health and hygiene concerns, and sales of easy-to-clean cutting boards made of glass, marble, steel, and other hard materials may increase despite their relatively higher prices.