According to the report by Expert Market Research (EMR), the global cake stand market size reached a value of USD 979.57 million in 2023. Aided by the growing appreciation for the art of baking, 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.
At its core, a cake stand is more than just a platform for showcasing cakes; it is a symbol of sophistication and a testament to the culinary arts. Available in a plethora of designs, materials, and sizes, cake stands serve a dual purpose of functionality and decor. From vintage glass to modern minimalist metal designs, the variety caters to every style and occasion, making them indispensable in both home and professional settings.
The surge in interest towards home baking and gourmet presentation, accelerated by global stay-at-home periods, has notably influenced the market. This renewed interest in baking as a hobby and profession has led to a demand for high-quality, aesthetically pleasing cake presentation options. Additionally, the rise of social media platforms has propelled the desire for picture-perfect culinary displays, further boosting the market. The versatility of cake stands, transcending beyond mere cake presentation to become a staple in the display of a variety of desserts and appetisers, has also contributed to cake stand market growth. This adaptability has made cake stands a favoured choice for event planners, caterers, and home decorators aiming to elevate their presentation standards.
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The growing trend of hosting parties and events at home has led to a higher demand for decorative and functional serving ware, including cake stands, to enhance the presentation of cakes and desserts. Cake stands are used to elevate cakes and desserts, making them the centrepiece of the table and they add an element of elegance and sophistication to the presentation, which is especially important when hosting parties and events at home, which further contributes to the cake stand market expansion. With the growing demand for cake stands, manufacturers are offering a wide range of designs, styles, and materials to cater to different tastes and themes which includes classic glass stands, vintage metal stands, modern acrylic stands, and more.
Social media platforms, especially those focused on food and lifestyle, have increased the demand for aesthetically pleasing cake stands for food photography and styling. In the era of social media, the presentation of food has become as important as its taste in the cake stand market. Aesthetically pleasing cake stands add height, dimension, and elegance to food photography, making the dishes more attractive and shareable on social media platforms.
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Cake stands are a popular choice for wedding gifts, as they are both practical and elegant. They can be used to display the wedding cake and later serve as a reminder of the special day in the couple’s home, which further contributes to the cake stand market share. When someone moves into a new home, a cake stand can be a thoughtful housewarming gift. It’s a functional item that can be used for entertaining guests and adds a decorative touch to the kitchen or dining area.
The market is witnessing a wave of technological advancements and design innovations, with manufacturers experimenting with new materials, collapsible designs for easy storage, and multifunctional stands that cater to a broader range of uses. According to the cake stand market analysis, the incorporation of technology, such as rotating cake stands for easier decorating, highlights the market’s adaptation to the needs of both professional bakers and home enthusiasts.
Globally, the cake stand market is experiencing varied trends, with specific regions showing a preference for certain styles and materials. The market is also benefiting from the growing trend of DIY and craft baking, with consumers seeking unique and customisable cake stand options. As per the cake stand market outlook, regional insights indicate a strong market presence in North America and Europe, attributed to a longstanding tradition of baking and dessert presentation. However, emerging markets in Asia-Pacific are rapidly catching up, driven by a growing middle class and an increased interest in Western-style baking.
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
- Asia Pacific
- Latin America
- Middle East and Africa
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 the 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.
- Nambé, 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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