Global Cake Stand Market Report and Forecast 2024-2032

Global Cake Stand Market Report and Forecast 2024-2032

Global Cake Stand Market Report and Forecast 2024-2032

Market outlook

According to the report by Expert Market Research (EMR), the cake stand market size reached a value of USD 979.57 million in 2023. Aided by the increasing demand for aesthetically pleasing presentation solutions and the growing popularity of home baking and celebratory events, the market is projected to further grow at a CAGR of 4.7% between 2024 and 2032 to reach a value of USD 1485.95 million by 2032.

A cake stand is a pedestal or platform used to display cakes and other desserts, enhancing their presentation and making them the centrepiece of various occasions. Cake stands come in various materials, designs, and sizes, catering to different preferences and event themes. The market is experiencing significant growth due to the rising trend of home baking, the increasing popularity of themed parties, and the growing emphasis on food presentation in the hospitality industry.

The increasing demand for aesthetically pleasing presentation solutions is driving the cake stand market growth. With the growing focus on visual appeal and presentation, there has been a significant shift towards using decorative and stylish cake stands to enhance the display of cakes and desserts. Cake stands add elegance and sophistication to any event, making them a popular choice for weddings, birthdays, and other celebrations.

The rising trend of home baking and the growing popularity of themed parties also play a significant role in the market's growth. As more consumers engage in home baking and organize themed parties, there is a growing demand for cake stands that complement the theme and enhance the overall presentation of baked goods. Cake stands are available in various designs, including vintage, modern, and whimsical, catering to different preferences and themes.

The expanding applications of cake stands in various sectors significantly contribute to the market's growth. In the hospitality sector, cake stands are widely used in hotels, restaurants, and bakeries to display cakes and desserts attractively. The increasing emphasis on food presentation and the growing trend of dessert buffets and high tea services have driven the adoption of cake stands in the hospitality sector, consequently driving up the cake stand market share.

In the retail sector, cake stands are used in supermarkets, specialty stores, and online platforms to display and sell cakes and other baked goods. The growing demand for premium and decorative cake stands for retail display has boosted the adoption of cake stands in the retail sector. Additionally, the increasing focus on e-commerce and online sales of baking supplies and accessories has further driven the market growth.

In the household sector, cake stands are used for home baking and personal celebrations. The rising trend of home baking, fuelled by social media and baking shows, has increased the demand for cake stands among home bakers. Cake stands are also popular for personal celebrations, such as birthdays, anniversaries, and holidays, where they are used to enhance the presentation of homemade cakes and desserts.

As per the cake stand market analysis, North America holds a significant share in the market, driven by the growing trend of home baking, the increasing popularity of themed parties, and the presence of leading cake stand manufacturers in the region. The rising demand for decorative and functional cake stands for personal and commercial use has boosted the market growth in North America. Moreover, the region's strong focus on hospitality and food presentation further supports market growth.

Glass cake stands represent the largest segment, driven by their elegant and sophisticated appearance. Metal and ceramic cake stands are also significant, offering durability and a range of design options. Acrylic and wood cake stands are gaining traction for their versatility and unique aesthetic appeal.

Market Segmentation

The market can be divided based on type, material, application, and region

Market Breakup by Type

• Single Tier
• Double Tier
• Multi-tier

Market Breakup by Material

• Glass
• Wood
• Metal

Market Breakup by Application

• Commercial
• Residential

Market Breakup by Region

• North America
• Europe
• Latin America
• Middle East and Africa
• Asia Pacific

Competitive landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in global cake stand market. some of the major players explored in the report by expert market research are as follows:

• Williams-Sonoma Inc.
• Libbey Inc.
• Nambe, LLC
• Martellato Srl
• Mosser Glass
• Inspired By Alma
• Mod Ceramics-Deruta Italy
• Pillivuyt
• Bourg-Joly Malicorne
• Crate and Barrel Holdings
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.