The Europe bar tools market is expected to reach US$ 703.73 million by 2028 from US$ 551.60 million in 2021. The market is estimated to grow at a CAGR of 3.5% from 2021 to 2028.
The e-commerce industry is growing rapidly due to the increasing popularity of online buying among consumers. Convenience in buying, ease of use, access to various products, and cost-effectiveness are among the major benefits that attract consumers to this buying method. According to the data cited by Eurostat, the number of e-shoppers among all shoppers in Europe increased from 60% in 2017 to 71% in 2020. Bar tool companies are increasingly using social media platforms to launch marketing campaigns as social media help them target specific customer segments, enabling a wider reach and adaptability. Moreover, these campaigns are fairly inexpensive to use. Companies such as Carlisle Foodservice Products, Cresimo, and Cocktail Kingdom LLC. provide bar tools through their websites and prime e-commerce platforms, such as Amazon, Flipkart, and eBay. Thus, the growing popularity of e-commerce platforms is creating lucrative opportunities for the growth of the bar tools market players in Europe.
Vendors in the Europe bar tools market can attract new customers and expand their footprints in emerging markets by offering products based on new features and technologies. This factor is likely to drive the market at a good CAGR during the forecast period.
The e-commerce industry is growing rapidly due to the increasing popularity of online buying among consumers. Convenience in buying, ease of use, access to various products, and cost-effectiveness are among the major benefits that attract consumers to this buying method. According to the data cited by Eurostat, the number of e-shoppers among all shoppers in Europe increased from 60% in 2017 to 71% in 2020. Bar tool companies are increasingly using social media platforms to launch marketing campaigns as social media help them target specific customer segments, enabling a wider reach and adaptability. Moreover, these campaigns are fairly inexpensive to use. Companies such as Carlisle Foodservice Products, Cresimo, and Cocktail Kingdom LLC. provide bar tools through their websites and prime e-commerce platforms, such as Amazon, Flipkart, and eBay. Thus, the growing popularity of e-commerce platforms is creating lucrative opportunities for the growth of the bar tools market players in Europe.
Vendors in the Europe bar tools market can attract new customers and expand their footprints in emerging markets by offering products based on new features and technologies. This factor is likely to drive the market at a good CAGR during the forecast period.
Europe Bar Tools Market Segmentation
The market for Europe bar tools market is segmented into type and distribution channel. Based on type, the market is segmented into by cocktail glasses, cocktail shakers, bottle openers, bar tool set, and others. Based on distribution channel, the Europe bar tools market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. On the basis of country, the Europe bar tools market is segmented into the Germany, the UK, France, Italy, Russia and Rest of Europe.Companies Mentioned
Cocktail Kingdom LLC; Cresimo; Norpro Inc.; OXO ; SAHM; and Vacu VIN are among the leading companies in the Europe bar tools market.Table of Contents
1. Introduction1.1 Study Scope
1.2 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. Europe 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. Europe 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. Europe Bar Tools - Country Market Analysis
6.1 Europe Bar Tools Market -Revenue and Forecast to 2028 (US$ Million)
7. Europe Bar Tools Market Analysis - By Type
7.1 Overview
7.2 Europe Bar Tools Market, By Type (2020 and 2028)
7.3 Cocktail Glasses
7.3.1 Overview
7.3.2 Cocktail Glasses: Europe Bar Tools Market - Revenue and Forecast to 2028 (US$ Mn)
7.4 Cocktail Shakers
7.4.1 Overview
7.4.2 Cocktail Shakers: Europe Bar Tools Market - Revenue and Forecast to 2028 (US$ Mn)
7.5 Bottle Openers
7.5.1 Overview
7.5.2 Bottle Openers: Europe 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: Europe Bar Tools Market - Revenue and Forecast to 2028 (US$ Mn)
7.7 Others
7.7.1 Overview
7.7.2 Others: Europe Bar Tools Market - Revenue and Forecast to 2028 (US$ Mn)
8. Europe Bar Tools Market Analysis - By Distribution Channel
8.1 Overview
8.2 Europe Bar Tools Market, By Distribution Channel (2020 and 2028)
8.3 Supermarkets and Hypermarkets
8.3.1 Overview
8.3.2 Supermarkets and Hypermarkets: Europe Bar Tools Market- Revenue and Forecast to 2028 (US$ Mn)
8.4 Specialty Stores
8.4.1 Overview
8.4.2 Specialty Stores: Europe Bar Tools Market- Revenue and Forecast to 2028 (US$ Mn)
8.5 Online Retail
8.5.1 Overview
8.5.2 Online Retail: Europe Bar Tools Market- Revenue and Forecast to 2028 (US$ Mn)
8.6 Others
8.6.1 Overview
8.6.2 Others: Europe Bar Tools Market- Revenue and Forecast to 2028 (US$ Mn)
9. Europe Bar Tools Market - Country Analysis
9.1 Europe Bar Tools Market Revenue and Forecasts to 2028
9.1.1 Europe: Europe Bar Tools Market, by Key Country
9.1.1.1 Germany: Europe Bar Tools Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Germany: Europe Bar Tools Market, by Type
9.1.1.1.2 Germany: Europe Bar Tools Market, by Distribution Channel
9.1.1.2 France: Europe Bar Tools Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 France: Europe Bar Tools Market, by Type
9.1.1.2.2 France: Europe Bar Tools Market, by Distribution Channel
9.1.1.3 Italy: Europe Bar Tools Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Italy: Europe Bar Tools Market, by Type
9.1.1.3.2 Italy: Europe Bar Tools Market, by Distribution Channel
9.1.1.4 UK: Europe Bar Tools Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 UK: Europe Bar Tools Market, by Type
9.1.1.4.2 UK: Europe Bar Tools Market, by Distribution Channel
9.1.1.5 Russia: Europe Bar Tools Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 Russia: Europe Bar Tools Market, by Type
9.1.1.5.2 Russia: Europe Bar Tools Market, by Distribution Channel
9.1.1.6 Rest of Europe: Europe Bar Tools Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of Europe: Europe Bar Tools Market, by Type
9.1.1.6.2 Rest of Europe: Europe Bar Tools Market, by Distribution Channel
10. Company Profiles
10.1 Cocktail Kingdom LLC
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Products and Services
10.1.4 Financial Overview
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Cresimo
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Products and Services
10.2.4 Financial Overview
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Norpro Inc.
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Products and Services
10.3.4 Financial Overview
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 OXO
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Products and Services
10.4.4 Financial Overview
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 SAHM
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Products and Services
10.5.4 Financial Overview
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 Vacu Vin
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
11. Appendix
11.1 About the Publisher
11.2 Word Index
List of Figures
Figure 1. Europe Bar Tools Market Segmentation
Figure 2. Europe Bar Tools Market Overview
Figure 3. Europe Bar Tools Market, By Type
Figure 4. Europe Bar Tools Market, By Country
Figure 5. Porter's Five Forces Analysis
Figure 6. Expert Opinion
Figure 7. Europe Bar Tools Market Impact Analysis of Drivers and Restraints
Figure 8. Europe : Europe Bar Tools Market - Revenue and Forecast to 2028 (US$ Million)
Figure 9. Europe: Europe Bar Tools Market Revenue Share, by Type (2020 and 2028)
Figure 10. Cocktail Glasses: Europe Bar Tools Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 11. Cocktail Shakers: Europe Bar Tools Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 12. Bottle Openers: Europe Bar Tools Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 13. Bar Tool Set: Europe Bar Tools Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 14. Others: Europe Bar Tools Market - Revenue and Forecast To 2028 (US$ Mn)
Figure 15. Europe: Europe Bar Tools Market Revenue Share, by Distribution Channel (2020 and 2028)
Figure 16. Supermarkets and Hypermarkets: Europe Bar Tools Market- Revenue and Forecast To 2028 (US$ Mn)
Figure 17. Specialty Stores: Europe Bar Tools Market- Revenue and Forecast To 2028 (US$ Mn)
Figure 18. Online Retail: Europe Bar Tools Market- Revenue and Forecast To 2028 (US$ Mn)
Figure 19. Others: Europe Bar Tools Market- Revenue and Forecast To 2028 (US$ Mn)
Figure 20. Country Overview of Europe Bar Tools Market
Figure 21. Europe: Europe Bar Tools Market Revenue Share, by Key Country (2020 and 2028)
Figure 22. Germany: Europe Bar Tools Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. France: Europe Bar Tools Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Italy: Europe Bar Tools Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. UK: Europe Bar Tools Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. Russia: Europe Bar Tools Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. Rest of Europe: Europe Bar Tools Market - Revenue and Forecast to 2028 (US$ Million)List of Tables
Table 1. Europe Bar tools Market -Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe Bar Tools Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 3. Europe Bar Tools Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany Europe Bar Tools Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 5. Germany Europe Bar Tools Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Million)
Table 6. France Europe Bar Tools Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 7. France Europe Bar Tools Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Million)
Table 8. Italy Europe Bar Tools Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 9. Italy Europe Bar Tools Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Million)
Table 10. UK Europe Bar Tools Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 11. UK Europe Bar Tools Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Million)
Table 12. Russia Europe Bar Tools Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 13. Russia Europe Bar Tools Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Million)
Table 14. Rest of Europe Bar Tools Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 15. Rest of Europe Bar Tools Market, by Distribution Channel - Revenue and Forecast to 2028 (US$ Million)
Table 16. List of Abbreviation
Companies Mentioned
- Cocktail Kingdom LLC
- Cresimo
- Norpro Inc.
- OXO
- SAHM
- Vacu Vin
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 89 |
| Published | July 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 551.6 Million |
| Forecasted Market Value ( USD | $ 703.73 Million |
| Compound Annual Growth Rate | 3.5% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 6 |
