Report ID: SQMIG25H2019
Report ID:
SQMIG25H2019 |
Region:
Global |
Published Date: April, 2024
Pages:
223
|
Tables:
63 |
Figures:
75
In 2022, Europe emerged as the dominant region in the global pizza oven market, capturing a substantial share of 28.7%. This can be attributed to Europe's rich heritage and expertise in pizza oven manufacturing. European manufacturers boast generations of experience and craftsmanship in designing and constructing pizza ovens. Their deep-rooted knowledge and skill set enable them to create high-quality, durable, and reliable products that cater to a diverse range of customer needs. Italy, in particular, holds a significant place in the history of pizza, and its influence on the pizza oven industry is undeniable. The longstanding tradition of pizza consumption in Europe has fostered the growth of a robust pizza oven manufacturing industry, solidifying the region's dominance in the market.
Asia Pacific is poised to experience substantial growth in the pizza oven market, with a projected CAGR of 6.2% from 2023 to 2030. The rapid economic growth and urbanization witnessed in countries across Asia Pacific have led to an increase in disposable income and the expansion of the middle class. As a result, more consumers in the region can afford consumer goods, including pizza ovens, thereby driving demand. Additionally, the flourishing food service industry in Asia Pacific has contributed to the market's growth. The region has witnessed a surge in the number of restaurants, pizzerias, and cafes, creating a greater need for commercial pizza ovens. This rise in demand has attracted both domestic and international manufacturers to enter the market and cater to the growing customer base.
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Report ID: SQMIG25H2019