Bar Tools Market Forecast to 2028

Report Code : TIPRE00028273 | Region : Global | Industry : Consumer Goods | Published Date : 20/May/2022
Bar Tools Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Cocktail Glasses, Cocktail Shakers, Bottle Openers, Bar Tool Sets, and Others) and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)

The bar tools market is expected to grow from US$ 1,788.58 million in 2021 to US$ 2,334.89 million by 2028; it is estimated to grow at a CAGR of 5.2% from 2021 to 2028.

The shift of the drinking culture to home has led to the growing trend of in-house bars and the increasing consumption of alcohol at home, thereby boosting the sales of bar tools. Bar tools are being increasingly used to prepare cocktails and mocktails at home.

Based on type, the global bar tools market is segmented into cocktail glasses, cocktail shakers, bottle openers, bar tool sets, and others. In 2020, the bar tool sets segment led the bar tools market. The bar tool set is a set of various bar tools together at a discounted price, and the tools included in a bar tool set vary from manufacturer to manufacturer.

The bar tools market, based on geography, is segmented into North America, Europe, Asia Pacific (APAC), South & Central America (SCAM), and the Middle East & Africa (MEA). In 2020, North America dominated the global market. The changing lifestyle of consumers and the growing health awareness have led to an increasing preference for low-alcoholic drinks such as cocktails, driving the demand for bar tools in North America. Stylish cocktail glasses are used for providing an aesthetic and elegant look to the in-house bars. Moreover, consumers are increasingly focusing on mixing and creating new drinks at home, leading to a rise in demand for bar tools such as cocktails or wine shakers, bar spoons, and a measuring jigger. Europe is the second-largest market for bar tools, and Asia Pacific is expected to be the fastest-growing region in the bar tools market.

 

Many industries, such as the consumer goods industry, faced unprecedented challenges due to the COVID-19 pandemic. The shortage of raw materials and labor, the shutdown of factories, and other operational difficulties due to COVID-19 safety protocols adversely affected the bar tools market. The lockdown severely impacted the supply and production of bar tools, thus, restraining the market's growth. However, vaccination drives have led to a rise in business activities worldwide. The economies are reviving their operations, and the demand for bar tools is expected to rise globally in the coming years. Key manufacturers have resumed their operations, thereby restoring the production capacity of bar tools.

Carlisle FoodService Products, Cocktail Kingdom LLC, Cresimo, Viski, Norpro Inc., OXO, SAHM, Vacu Vin, Rabbit, and Julisk are among the leading players in the bar tools market. These companies are adopting strategies such as mergers & acquisitions and product launches to expand their geographic presence and consumer bases.

The overall global bar tools market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. Participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the global bar tools market.

Bar Tools Market - List of 10 Companies

1. Carlisle FoodService Products

2. Cocktail Kingdom LLC

3. Cresimo

4. Viski

5. Norpro Inc.

6. OXO

7. SAHM

8. Vacu Vin

9. Rabbit

10. Juliska

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis Formulation:

3.2.4 Macro-economic Factor Analysis:

3.2.5 Developing Base Number:

3.2.6 Data Triangulation:

3.2.7 Country Level Data:

3.2.8 Limitations and Assumptions:

4. Global Bar Tools Market Landscape

4.1 Market Overview

4.2 Porter's Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Suppliers

4.2.3 Bargaining Power of Buyers

4.2.4 Competitive Rivalry

4.2.5 Threat of Substitutes

4.3 Expert Opinion

5. Global Bar Tools Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Rising Inclination Toward In-House Bars

5.1.2 Increasing Adoption of E-Commerce

5.2 Market Restraints

5.2.1 Stringent Regulatory Framework

5.3 Market Opportunities

5.3.1 Product Innovations

5.4 Future Trends

5.4.1 Surging Development and Adoption of Eco-Friendly Bar Tools

5.5 Impact Analysis of Drivers and Restraints

6. Bar Tools – Global Market Analysis

6.1 Bar Tools Market Overview

6.2 Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)

6.3 Market Positioning

7. Bar Tools Market Analysis – By Type

7.1 Overview

7.2 Bar Tools Market, By Type (2020 and 2028)

7.3 Cocktail Glasses

7.3.1 Overview

7.3.2 Cocktail Glasses: Bar Tools Market – Revenue and Forecast to 2028 (US$ Mn)

7.4 Cocktail Shakers

7.4.1 Overview

7.4.2 Cocktail Shakers: Bar Tools Market – Revenue and Forecast to 2028 (US$ Mn)

7.5 Bottle Openers

7.5.1 Overview

7.5.2 Bottle Openers: Bar Tools Market – Revenue and Forecast to 2028 (US$ Mn)

7.6 Bar Tool Set

7.6.1 Overview

7.6.2 Bar Tool Set: Bar Tools Market – Revenue and Forecast to 2028 (US$ Mn)

7.7 Others

7.7.1 Overview

7.7.2 Others: Bar Tools Market – Revenue and Forecast to 2028 (US$ Mn)

8. Bar Tools Market Analysis – By Distribution Channel

8.1 Overview

8.2 Bar Tools Market, By Distribution Channel (2020 and 2028)

8.3 Supermarkets and Hypermarkets

8.3.1 Overview

8.3.2 Supermarkets and Hypermarkets: Bar Tools Market– Revenue and Forecast to 2028 (US$ Mn)

8.4 Specialty Stores

8.4.1 Overview

8.4.2 Specialty Stores: Bar Tools Market– Revenue and Forecast to 2028 (US$ Mn)

8.5 Online Retail

8.5.1 Overview

8.5.2 Online Retail: Bar Tools Market– Revenue and Forecast to 2028 (US$ Mn)

8.6 Others

8.6.1 Overview

8.6.2 Others: Bar Tools Market– Revenue and Forecast to 2028 (US$ Mn)

9. Bar Tools Market – Geographic Analysis

9.1 Overview

9.2 North America Bar Tools Market Revenue and Forecasts to 2028

9.2.1 North America: Bar Tools Market – Analysis and Forecast to 2028 (US$ Million)

9.2.2 North America: Bar Tools Market, by Type

9.2.3 North America: Bar Tools Market, by Distribution Channel

9.2.4 North America: Bar Tools Market, by Key Country

9.2.4.1 US: Bar Tools Market –Analysis and Forecast to 2028 (US$ Million)

9.2.4.1.1 US: Bar Tools Market, by Type

9.2.4.1.2 US: Bar Tools Market, by Distribution Channel

9.2.4.2 Canada: Bar Tools Market –Analysis and Forecast to 2028 (US$ Million)

9.2.4.2.1 Canada: Bar Tools Market, by Type

9.2.4.2.2 Canada: Bar Tools Market, by Distribution Channel

9.2.4.3 Mexico: Bar Tools Market –Analysis and Forecast to 2028 (US$ Million)

9.2.4.3.1 Mexico: Bar Tools Market, by Type

9.2.4.3.2 Mexico: Bar Tools Market, by Distribution Channel

9.3 Europe Bar Tools Market Revenue and Forecasts to 2028

9.3.1 Europe: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)

9.3.2 Europe: Bar Tools Market, By Type

9.3.3 Europe: Bar Tools Market, By Distribution Channel

9.3.4 Europe: Bar Tools Market, by Key Country

9.3.4.1 Germany: Bar Tools Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.1.1 Germany: Bar Tools Market, by Type

9.3.4.1.2 Germany: Bar Tools Market, by Distribution Channel

9.3.4.2 France: Bar Tools Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.2.1 France: Bar Tools Market, by Type

9.3.4.2.2 France: Bar Tools Market, by Distribution Channel

9.3.4.3 Italy: Bar Tools Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.3.1 Italy: Bar Tools Market, by Type

9.3.4.3.2 Italy: Bar Tools Market, by Distribution Channel

9.3.4.4 UK: Bar Tools Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.4.1 UK: Bar Tools Market, by Type

9.3.4.4.2 UK: Bar Tools Market, by Distribution Channel

9.3.4.5 Russia: Bar Tools Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.5.1 Russia: Bar Tools Market, by Type

9.3.4.5.2 Russia: Bar Tools Market, by Distribution Channel

9.3.4.6 Rest of Europe: Bar Tools Market – Revenue and Forecast to 2028 (US$ Million)

9.3.4.6.1 Rest of Europe: Bar Tools Market, by Type

9.3.4.6.2 Rest of Europe: Bar Tools Market, by Distribution Channel

9.4 Asia Pacific Bar Tools Market Revenue and Forecasts to 2028

9.4.1 Asia-Pacific: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)

9.4.2 Asia-Pacific: Bar Tools Market, by Type

9.4.3 Asia-Pacific: Bar Tools Market, by Distribution Channel

9.4.4 Asia-Pacific: Bar Tools Market, by Key Country

9.4.4.1 Australia: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)

9.4.4.1.1 Australia: Bar Tools Market, by Type

9.4.4.1.2 Australia: Bar Tools Market, by Distribution Channel

9.4.4.2 China: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)

9.4.4.2.1 China: Bar Tools Market, by Type

9.4.4.2.2 China: Bar Tools Market, by Distribution Channel

9.4.4.3 India: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)

9.4.4.3.1 India: Bar Tools Market, by Type

9.4.4.3.2 India: Bar Tools Market, by Distribution Channel

9.4.4.4 Japan: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)

9.4.4.4.1 Japan: Bar Tools Market, by Type

9.4.4.4.2 Japan: Bar Tools Market, by Distribution Channel

9.4.4.5 South Korea: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)

9.4.4.5.1 South Korea: Bar Tools Market, by Type

9.4.4.5.2 South Korea: Bar Tools Market, by Distribution Channel

9.4.4.6 Rest of Asia-Pacific: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)

9.4.4.6.1 Rest of Asia-Pacific: Bar Tools Market, by Type

9.4.4.6.2 Rest of Asia-Pacific: Bar Tools Market, by Distribution Channel

9.5 South and Central America Bar Tools Market Revenue and Forecasts to 2028

9.5.1 South and Central America: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)

9.5.2 South and Central America: Bar Tools Market, by Type

9.5.3 South and Central America: Bar Tools Market, by Distribution Channel

9.5.4 South and Central America: Bar Tools Market, by Key Country

9.5.4.1 Brazil: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)

9.5.4.1.1 Brazil: Bar Tools Market, by Type

9.5.4.1.2 Brazil: Bar Tools Market, by Distribution Channel

9.5.4.2 Argentina: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)

9.5.4.2.1 Argentina: Bar Tools Market, by Type

9.5.4.2.2 Argentina: Bar Tools Market, by Distribution Channel

9.5.4.3 Rest of South and Central America: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)

9.5.4.3.1 Rest of South and Central America: Bar Tools Market, by Type

9.5.4.3.2 Rest of South and Central America: Bar Tools Market, by Distribution Channel

9.6 Middle East and Africa Bar Tools Market Revenue and Forecasts to 2028

9.6.1 Middle East and Africa: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)

9.6.2 Middle East and Africa: Bar Tools Market, by Type

9.6.3 Middle East and Africa: Bar Tools Market, by Distribution Channel

9.6.4 Middle East and Africa: Bar Tools Market, by Key Country

9.6.4.1 South Africa: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)

9.6.4.1.1 South Africa: Bar Tools Market, by Type

9.6.4.1.2 South Africa: Bar Tools Market, by Distribution Channel

9.6.4.2 UAE: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)

9.6.4.2.1 UAE: Bar Tools Market, by Type

9.6.4.2.2 UAE: Bar Tools Market, by Distribution Channel

9.6.4.3 Rest of MEA: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)

9.6.4.3.1 Rest of MEA: Bar Tools Market, by Type

9.6.4.3.2 Rest of MEA: Bar Tools Market, by Distribution Channel

10. Impact of COVID-19 Pandemic on Global Bar Tools Market

10.1 North America: Impact Assessment of COVID-19 Pandemic

10.2 Europe: Impact Assessment of COVID-19 Pandemic

10.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic

10.4 Middle East & Africa: Impact Assessment of COVID-19 Pandemic

10.5 South & Central America: Impact Assessment of COVID-19 Pandemic

11. Company Profiles

11.1 Carlisle FoodService Products

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2 Cocktail Kingdom LLC

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3 Cresimo

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4 Viski

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

11.5 Norpro Inc.

11.5.1 Key Facts

11.5.2 Business Description

11.5.3 Products and Services

11.5.4 Financial Overview

11.5.5 SWOT Analysis

11.5.6 Key Developments

11.6 OXO

11.6.1 Key Facts

11.6.2 Business Description

11.6.3 Products and Services

11.6.4 Financial Overview

11.6.5 SWOT Analysis

11.6.6 Key Developments

11.7 SAHM

11.7.1 Key Facts

11.7.2 Business Description

11.7.3 Products and Services

11.7.4 Financial Overview

11.7.5 SWOT Analysis

11.7.6 Key Developments

11.8 Vacu Vin

11.8.1 Key Facts

11.8.2 Business Description

11.8.3 Products and Services

11.8.4 Financial Overview

11.8.5 SWOT Analysis

11.8.6 Key Developments

11.9 Rabbit

11.9.1 Key Facts

11.9.2 Business Description

11.9.3 Products and Services

11.9.4 Financial Overview

11.9.5 SWOT Analysis

11.9.6 Key Developments

11.10 Juliska

11.10.1 Key Facts

11.10.2 Business Description

11.10.3 Products and Services

11.10.4 Financial Overview

11.10.5 SWOT Analysis

11.10.6 Key Developments

12. Appendix

12.1 About The Insight Partners

12.2 Word Index

LIST OF TABLES.

Table 1. Bar tools Market –Revenue and Forecast to 2028 (US$ Million)

Table 2. Global Bar Tools Market, by Type– Revenue and Forecast to 2028 (US$ Million)

Table 3. Global Bar Tools Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 4. North America Bar Tools Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 5. North America Bar Tools Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

Table 6. US Bar Tools Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 7. US Bar Tools Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

Table 8. Canada Bar Tools Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 9. Canada Bar Tools Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

Table 10. Mexico Bar Tools Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 11. Mexico Bar Tools Market, by Distribution Channel– Revenue and Forecast to 2028 (US$ Million)

Table 12. Europe Bar Tools Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 13. Europe Bar Tools Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 14. Germany Bar Tools Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 15. Germany Bar Tools Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 16. France Bar Tools Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 17. France Bar Tools Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 18. Italy Bar Tools Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 19. Italy Bar Tools Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 20. UK Bar Tools Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 21. UK Bar Tools Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 22. Russia Bar Tools Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 23. Russia Bar Tools Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 24. Rest of Europe Bar Tools Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 25. Rest of Europe Bar Tools Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 26. Asia-Pacific Bar Tools Market, by Type Revenue and Forecast to 2028 (US$ Million)

Table 27. Asia-Pacific Bar Tools Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 28. Australia Bar Tools Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 29. Australia Bar Tools Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 30. China Bar Tools Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 31. China Bar Tools Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 32. India Bar Tools Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 33. India Bar Tools Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 34. Japan Bar Tools Market, by Type Revenue and Forecast to 2028 (US$ Million)

Table 35. Japan Bar Tools Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 36. South Korea Bar Tools Market, by Type Revenue and Forecast to 2028 (US$ Million)

Table 37. South Korea Bar Tools Market, by Distribution Channel Revenue and Forecast to 2028 (US$ Million)

Table 38. Rest of Asia-Pacific Bar Tools Market, by Type Revenue and Forecast to 2028 (US$ Million)

Table 39. Rest of Asia-Pacific Bar Tools Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 40. South and Central America Bar Tools Market, by Type Revenue and Forecast to 2028 (US$ Million)

Table 41. South and Central America Bar Tools Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 42. Brazil Bar Tools Market, by Type Revenue and Forecast to 2028 (US$ Million)

Table 43. Brazil Bar Tools Market, by Distribution Channel Revenue and Forecast to 2028 (US$ Million)

Table 44. Argentina Bar Tools Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 45. Argentina Bar Tools Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 46. Rest of South and Central America Bar Tools Market, by Type Revenue and Forecast to 2028 (US$ Million)

Table 47. Rest of South and Central America Bar Tools Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 48. Middle East and Africa Bar Tools Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 49. Middle East and Africa Bar Tools Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 50. South Africa Bar Tools Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 51. South Africa Bar Tools Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 52. UAE Bar Tools Market, by Type Revenue and Forecast to 2028 (US$ Million)

Table 53. UAE Bar Tools Market, by Distribution Channel Revenue and Forecast to 2028 (US$ Million)

Table 54. Rest of MEA Bar Tools Market, by Type Revenue and Forecast to 2028 (US$ Million)

Table 55. Rest of MEA Bar Tools Market, by Distribution Channel Revenue and Forecast to 2028 (US$ Million)

Table 56. List of Abbreviation

Bar Tools Market - List of 10 Companies

1. Carlisle FoodService Products

2. Cocktail Kingdom LLC

3. Cresimo

4. Viski

5. Norpro Inc.

6. OXO

7. SAHM

8. Vacu Vin

9. Rabbit

10. Juliska

Reason To Buy

• Highlights key business priorities in order to assist companies to realign their business strategies.

• The key findings and recommendations highlight crucial progressive industry trends in the global bar tools market, thereby allowing players to develop effective long-term strategies.

• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

• Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.

• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

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