Global Baking Pan Market Overview:
A baking pan is a flat, rectangular metal pan that is used in an oven. It is widely used for baking bread rolls, pastries, and flat products like cookies, sheet cakes, Swiss rolls, and pizzas. Like all baking pans, these pans can be made from a variety of materials, but are mainly made of aluminum or stainless steel. The simplest sheet pan is literally a sheet metal. Commercial pans are sometimes made from aluminized steel, which combines the conductive, reflective, and adhesive properties of aluminum with the rigidity, mass, and strength of the inner steel core (in this process the aluminum surface is typically 90% aluminum and 10% aluminum% Silicon, which is not exactly the same as pure aluminum). Common features found in sheet metal pans include one or more flat edges to aid in removing food, one or more raised edges (lips) to hold back food, a contiguous rim to hold back either food or flat liquid, Handles to help move the pan In and out of the oven an insulating layer (usually air) to protect sensitive food from burning (air baking pan) or perforations to speed up the cooking process (pizza tray). The rigidity of the pan is particularly important if the baking pan is to be placed directly on a flat heat source (stove, induction element, etc.). Rims and ribs add rigidity. The pan's mass, thermal conductivity, and color play a key role in achieving an even cooking temperature. The friction of the pans under the surface can be a safety issue in some applications.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing Demand for Plastic Baking Pans for Household Applications and Growing Demand for Convenience Food
Market Growth Drivers:
Increasing Demand in Confectionery and Other Food Products, Increase in Consumption of Bakery Products, Particularly Bread, Changing Eating Habits Fueled by Rising Disposable Income and High Demand for Convenience Products in the Food Industry
Challenges:
Competition from Manufacturers Offering Low-Cost Products
Restraints:
Issues Related to Extra Flexibility of Silicone Baking Pans
Opportunities:
Rising Disposable Income in Low and Middle-Income Countries and Increasing Demand from Emerging Countries
Competitive Landscape:
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail of competitive advantage through combined collaborations.
Some of the key players profiled in the report are Kaiser Permanente (United States), Cuisinart (United States), Nordic Ware (United States), Libertyware (United States), Elite Cookware (Egypt), Cook Pro Inc. (United States), Wilton Brands LLC (United States), GreenLife Co. Ltd. (Japan), Range Kleen (United States), CasaWare International (Canada), Tom & Co. (United Kingdom), EZ Baker (China), Fat Daddios (United States), Farberware (United States), Pyrex (United States) and Rachael Ray (United States). Additionally, following companies can also be profiled that are part of our coverage like USA Pan (United States) and HIC Harold Import Co. (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Baking Pan market by 2028. Considering Market by Distribution Channel, the sub-segment i.e. Supermarkets will boost the Baking Pan market. Considering Market by Size, the sub-segment i.e. 6" x 2" will boost the Baking Pan market. Considering Market by End-User, the sub-segment i.e. Bakery will boost the Baking Pan market. Considering Market by Shapes, the sub-segment i.e. Square will boost the Baking Pan market.
Latest Market Insights:
In March 2022, Made In, a direct-to-consumer cookware company, announced that it had acquired Great Jones, a popular maker of baking pans and accessories. The acquisition expanded Made In's product line and gave it access to Great Jones's loyal customer base.
In April 2022, Calphalon released a new line of bakeware made from a durable and nonstick aluminum alloy. The set includes a variety of pans, including baking sheets, cookie sheets, and cake pans.
What Can be Explored with the Baking Pan Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Baking Pan Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Baking Pan
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Baking Pan market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Baking Pan market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Inside Sales Software Providers, Cloud Service Providers, Venture Capitalists, Private Equity Firms, Government Regulatory, Research Organizations and End-Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.