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Asia Pacific Bar Tools Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Cocktail Glasses, Cocktail Shakers, Bottle Openers, Bar Tool Set, and Others) and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)

Report Code :  BMIRE00025432
No. of Pages :  86
Published Month :  Jul 2022
Category :  Consumer Goods
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The Asia Pacific bar tools market is expected to reach US$ 637.66 million by 2028 from US$ 444.64 million in 2021; it is estimated to grow at a CAGR of 5.3% from 2021 to 2028.

 

Bar tool manufacturers are focusing on innovating and providing new products to offer an enriched customer experience. The innovative 4Pezzi cocktail shaker offered by Bruno Vanzan is the first continental shaker that includes a built-in fine strainer. This strainer allows users to separate of solid objects such as fruit and ice from the liquid, creating a clear cocktail without any organic matter. Elevated Craft provides a hybrid cocktail shaker that includes a super-high-capacity jigger top, twist-lock lid and top, double-wall vacuum insulation, and a built-in strainer. The shaker is ergonomically designed. Furthermore, automatic bottle openers can easily pops off the bottle caps, which are then collected by magnets present on the side of the bottle opener. Swish has developed an innovative jigger that includes a build-in mechanism, allowing users to easily pour, push, and release the liquid into the glass or mixer. Thus, the development of innovative bar tools from various manufacturers is likely to boost the bar tools market in the coming years.

 

Vendors in the Asia Pacific 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.

 

Asia Pacific Bar Tools Market  Revenue and Forecast to 2028 (US$ Million)

 

Asia Pacific Bar Tools Market  Segmentation

 

The market for Asia Pacific 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 Asia Pacific bar tools market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. On the basis of country, the Asia Pacific bar tools market is segmented into China, Japan, India, Australia, South Korea and Rest of Asia Pacific.

 

Asia Pacific Bar Tools Market – Companies Mentioned

 

Cocktail Kingdom LLC; Crosio; Viski, Norpro Inc.; OXO; SAHM; and Vacu VIN are among the leading companies in the Asia Pacific bar tools market.

1.Cocktail Kingdom LLC
2.Cresimo
3.Viski
4.Norpro Inc.
5.OXO
6.SAHM
7.Vacu Vin

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific Bar Tools Market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in Asia Pacific Bar Tools Market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.