Bar Tools Market Forecast to 2028 | Size, Share & Growth Factors
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 3.9% from 2021 to 2028.
Bar tools assist the consumers in upgrading their mixology skills at-home bar. Different type of bar tools have their own significance, and they contribute to preparing and serving a quality drink at home.
In 2020, North America dominated the global bar tools market; it is expected to retain its dominance during the forecast period. Increasing alcohol consumption and growing inclination toward having an in-house bar are driving the bar tools market in North America. In North American countries such as the US, Canada, and Mexico, alcohol drinking is a part of all elements of social and family life in both urban and rural populations, which is having a positive impact on the market. Asia Pacific is expected to be the fastest-growing region during the forecast period due to the growing influence of western culture and increasing consumption of alcohol by the middle-class population in countries such as India and China.
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Bar Tools Market: Strategic Insights
Market Size Value in US$ 1,788.58 million in 2021 Market Size Value by US$ 2,334.89 million by 2028 Growth rate CAGR of 3.9% from 2021 to 2028 Forecast Period 2021- 2028 Base Year 2021
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Bar Tools Market: Strategic Insights
| Market Size Value in | US$ 1,788.58 million in 2021 |
| Market Size Value by | US$ 2,334.89 million by 2028 |
| Growth rate | CAGR of 3.9% from 2021 to 2028 |
| Forecast Period | 2021- 2028 |
| Base Year | 2021 |
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Market Insights
Increased adoption of E-Commerce
The e-commerce industry is growing rapidly worldwide. Many consumers are increasingly using e-commerce platforms due to their convenience, ease of use, accessibility to various products, and cost-effectiveness. The bar tool companies are increasingly using social media platforms to launch marketing campaigns as social media offers many benefits, such as targeting specific customer segments, enabling a wider reach, and adaptability while being fairly inexpensive to use. Along with this, bar tool manufacturers are also listing their products on e-commerce platforms such as Amazon, Flipkart, and eBay, which is providing growth opportunities for the bar tools market.
Type Insights
Based on type, the bar tools market is segmented into cocktail glasses, cocktail shakers, bottle openers, bar tool sets, and others. The cocktail shakers segment is expected to be the fastest-growing segment. The rising trend of creating new drinks at home has led to the increased use of cocktail shakers for mixing purposes. The cocktail shaker is available in different types of materials, ranging from stainless steel to copper. It is an essential item for the in-house bars. Its built-in strainer helps separate the liquids from the ice and other ingredient particles.
Carlisle FoodService Products, Cocktail Kingdom LLC, Cresimo, Viski, Norpro Inc., OXO, SAHM, Vacu Vin, Rabbit, and Julisk are among the key players operating in the bar tools market. The leading players adopt several strategies, such as mergers & acquisitions and product launches, to expand their geographic presence and consumer base.
Bar Tools Market Report Scope
Report Spotlights
- Progressive trends in the bar tools industry to help players develop effective long-term strategies
- Business growth strategies adopted by companies to secure growth in developed and developing markets
- Quantitative analysis of the global bar tools market from 2019 to 2028
- Estimation of the demand for bar tools across various industries
- Porter’s analysis to illustrate the efficacy of buyers and suppliers operating in the industry in predicting the market growth
- Recent developments to understand the competitive market scenario and the demand for bar tools
- Market trends and outlook, coupled with factors driving and restraining the growth of the market
- Understanding the strategies that underpin commercial interest with regard to the global market growth, aiding in the decision-making process
- The bar tools market size at various nodes of the market
- Detailed overview and segmentation of the global bar tools market and its industry dynamics
- The bar tools market size in various regions with promising growth opportunities
The "Global Bar Tools Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a special focus on the global bar tools market trend analysis. The report aims to provide an overview of the market with detailed market segmentation. The market is segmented based on type, distribution channel, and geography. Based on type, the market is segmented into cocktail glasses, cocktail shakers, bottle openers, bar tool sets, and others. Based on the distribution channel, the market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. Based on geography, the market is segmented into five main regions—North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. Asia Pacific is expected to be the fastest-growing region, followed by the South & Central America.
Company Profiles
- Carlisle FoodService Products
- Cocktail Kingdom LLC
- Cresimo
- Viski
- Norpro Inc
- OXO
- SAHM
- Vacu Vin
- Rabbit
- Julisk
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type and Distribution Channel
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The rising inclination toward in-house bars and the increasing adoption of E-Commerce are some of the key driving factors for the bar tools market.
Based on type, cocktail shakers are the fastest-growing segment. The cocktail shaker is being increasingly used in in-house bars to create bar-like cocktails at home.
North America accounted for the largest share of the global bar tools market due to youngsters in the region are opting for house parties rather than going out in bars, which increases the demand for bar tools in residential areas.
Based on the distribution channel, the specialty stores segment accounted for the largest revenue share as these shops also provide an excellent consumer experience with unique features such as high-level customer service, premium offers, and special discounts.
The increasing development of innovative bar tools from various manufacturers can provide potential growth opportunities for the bar tools market in the coming years.
The major players operating in the global bar tools market are Carlisle FoodService Products, Cocktail Kingdom LLC, Cresimo, Viski, Norpro Inc., OXO, SAHM, Vacu Vin, Rabbit, and Juliska among others
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
LIST OF FIGURES
Figure 1. Bar Tools Market Segmentation
Figure 2. Bar Tools Market Segmentation – By Geography
Figure 3. Global Bar Tools Market Overview
Figure 4. Bar Tools Market, By Type
Figure 5. Bar Tools Market, By Geography
Figure 6. Global Bar Tools Market, Key Market Players
Figure 7. Porter's Five Forces Analysis
Figure 8. Expert Opinion
Figure 9. Global Bar Tools Market Impact Analysis of Drivers and Restraints
Figure 10. Geographic Overview of Bar Tools Market
Figure 11. Global: Bar Tools Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Bar Tools Market Revenue Share, By Type (2020 and 2028)
Figure 13. Cocktail Glasses: Bar Tools Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 14. Cocktail Shakers: Bar Tools Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 15. Bottle Openers: Bar Tools Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 16. Bar Tool Set: Bar Tools Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 17. Others: Bar Tools Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 18. Bar Tools Market Revenue Share, By Distribution Channel (2020 and 2028)
Figure 19. Supermarkets and Hypermarkets: Bar Tools Market– Revenue and Forecast To 2028 (US$ Mn)
Figure 20. Specialty Stores: Bar Tools Market– Revenue and Forecast To 2028 (US$ Mn)
Figure 21. Online Retail: Bar Tools Market– Revenue and Forecast To 2028 (US$ Mn)
Figure 22. Others: Bar Tools Market– Revenue and Forecast To 2028 (US$ Mn)
Figure 23. Bar Tools Market, Global Breakdown by Region, 2020 & 2028 (%)
Figure 24. North America: Bar Tools Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. North America: Bar Tools Market Revenue Share, by Type (2020 and 2028)
Figure 26. North America: Bar Tools Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 27. North America: Bar Tools Market Revenue Share, by Key Country (2020 and 2028)
Figure 28. US: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)
Figure 29. Canada: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)
Figure 30. Mexico: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)
Figure 31. Europe: Bar Tools Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Europe: Bar Tools Market Revenue Share, by Type (2020 and 2028)
Figure 33. Europe: Bar Tools Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 34. Europe: Bar Tools Market Revenue Share, by Key Country (2020 and 2028)
Figure 35. Germany: Bar Tools Market – Revenue and Forecast to 2028 (US$ Million)
Figure 36. France: Bar Tools Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Italy: Bar Tools Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. UK: Bar Tools Market – Revenue and Forecast to 2028 (US$ Million)
Figure 39. Russia: Bar Tools Market – Revenue and Forecast to 2028 (US$ Million)
Figure 40. Rest of Europe: Bar Tools Market – Revenue and Forecast to 2028 (US$ Million)
Figure 41. Asia-Pacific: Bar Tools Market – Revenue and Forecast to 2028 (US$ Million)
Figure 42. Asia-Pacific: Bar Tools Market Revenue Share, by Type (2020 and 2028)
Figure 43. Asia-Pacific: Bar Tools Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 44. Asia-Pacific: Bar Tools Market Revenue Share, by Key Country (2020 and 2028)
Figure 45. Australia: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)
Figure 46. China: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)
Figure 47. India: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)
Figure 48. Japan: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)
Figure 49. South Korea: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)
Figure 50. Rest of Asia-Pacific: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)
Figure 51. South and Central America: Bar Tools Market – Revenue and Forecast to 2028 (US$ Million)
Figure 52. South and Central America: Bar Tools Market Revenue Share, by Type (2020 and 2028)
Figure 53. South and Central America: Bar Tools Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 54. South and Central America: Bar Tools Market Revenue Share, by Key Country (2020 and 2028)
Figure 55. Brazil: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)
Figure 56. Argentina: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)
Figure 58. Middle East and Africa: Bar Tools Market – Revenue and Forecast to 2028 (US$ Million)
Figure 59. Middle East and Africa: Bar Tools Market Revenue Share, by Type (2020 and 2028)
Figure 60. Middle East and Africa: Bar Tools Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 61. Middle East and Africa: Bar Tools Market Revenue Share, by Key Country (2020 and 2028)
Figure 62. South Africa: Bar Tools Market –Revenue and Forecast to 2028 (US$ Million)
Figure 65. Impact of COVID-19 Pandemic on Bar Tools Market in North America
Figure 66. Impact of COVID-19 Pandemic on Bar Tools Market in Europe
Figure 67. Impact of COVID-19 Pandemic on Bar Tools Market in Asia Pacific
Figure 68. Impact of COVID-19 Pandemic on Bar Tools Market in the Middle East & Africa
Figure 69. Impact of COVID-19 Pandemic on Bar Tools Market in South & Central America
The List of Companies - Bar Tools Market
- Carlisle FoodService Products
- Cocktail Kingdom LLC
- Cresimo
- Viski
- Norpro Inc.
- OXO
- SAHM
- Vacu Vin
- Rabbit
- Juliska
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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