By the end of 2032, the Bar and wine tools market will be valued at US$ 4 Bn, up from US$ 2.4 Bn in 2022, with a projected 5.4% CAGR. Due to many market constraints, the beverage equipment sector experienced a decline. The coronavirus outbreak in 2020 was the primary cause of the growth slowdown. Bars and pubs all across the world were forced to close due to restrictions on the operation of the substantial hospitality sector. As a result, the market for wine and bar accessories also suffered greatly.
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The easing of regulations beginning in 2021 contributed to the market’s continuous expansion. There are more bars and clubs popping up all over the place. In contrast, the development of creating wine and other alcoholic beverages as a result of the growth of bars has ultimately resulted in a higher adoption of better tools. Overall bar and wine tools market instruments has grown indirectly as a result of the expanding hospitality sector.
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Companies Covered in This Report – Bar and Wine Tools Market
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- John Lewis & Partners
- Morris & Co.
- Alessi
- Vinturi
- Metrokane (Taylor Precision)
- Vintorio
- Zazzol
- Soireehome
- Aervana
- Tribellawin
- Vita Saggia
- Shenzhen Sinowin Wine Accessories
- Zhuhai Kelitong Electronic
- Trudeau Corporation
- Coravin
- Others (As Per Request)
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Key Segments Covered in Bar and Wine Tools Market Industry Research
Bar and Wine Tools Market by Product Type:
Cocktails
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- Flasks
- Stirrers
- Shakers
- Jiggers
- Others
Wine/Beer
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- Corkscrews
- Bottle Openers
- Bottle Stoppers
- Drip Catchers
- Preservers
- Pourers
- Others
Smoking
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- Cigar Humidors
- Smoking Accessories
Bar and Wine Tools Market by End User:
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- Residential Bar and Wine Tools
- Commercial Bar and Wine Tools
Bar and Wine Tools Market by Price Range:
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- Under US$ 10
- US$ 10 – US$ 20
- US$ 20 – US$ 30
- Above US$ 30
Bar and Wine Tools Market by Application:
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- Households
- Bar and Wine Shops
- Restaurants
- Shops
- Others
Bar and Wine Tools Market by Sales Channel:
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- Supermarkets/Hypermarkets
- Specialty Stores
- Online Retailers
- Convenience Stores
- Others (Independent Small Stores, Direct Sales)
Bar and Wine Tools Market by Region:
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- North America Bar and Wine Tools Market
- Latin America Bar and Wine Tools Market
- Europe Bar and Wine Tools Market
- East Asia Bar and Wine Tools Market
- South Asia Bar and Wine Tools Market
- Oceania Bar and Wine Tools Market
- MEA Bar and Wine Tools Market
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