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Manual Bottle Opener Market Analysis

Report ID: GMI12581 Published Date: December 2024Report Format: PDF
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Manual Bottle Opener Market Analysis

Manual Bottle Opener Market Size, By Product Type, 2021 - 2032 (USD Billion)

Based on product type, the market can be segmented into traditional bottle openers, keychain bottle openers, wall-mounted openers and others. The traditional bottle openers segment accounted for revenue of around USD 400 million in the year 2023 and is estimated to grow at a CAGR of around 5.5% from 2024 to 2032. Traditional bottle openers, often simple handheld devices, remain a staple in the market due to their proven functionality and reliability.

The demand for traditional bottle openers is driven by their simplicity and ease of use. These openers are designed for effortless bottle opening, appealing to a broad consumer base that values straightforward, no-frills tools. Their ergonomic design, typically featuring a lever or pry bar, is user-friendly and requires minimal effort, making them especially popular among older generations or those with limited hand mobility.

Global Manual Bottle Opener Market Revenue Share, By Material, (2023)

Based on the material, the manual bottle opener market is categorized as stainless steel, aluminum, plastic and others. The stainless steel segment held around 61% of the total market share in 2023 and is anticipated to grow at a CAGR of 5.7% during the forecast period. Stainless steel is by far the most popular and widely used material in the production of manual bottle openers, and its demand continues to grow. The demand for stainless steel bottle openers is driven primarily by their exceptional durability, corrosion resistance, and long lifespan.

Consumers seek products that are built to last, especially for tools like bottle openers, which are subjected to repetitive use. Stainless steel openers are resistant to rust and wear, making them ideal for both home use and commercial environments, such as bars and restaurants.

U.S. Manual Bottle Opener Market Size, 2021 - 2032 (USD Million)

In terms of the country, the U.S. dominates with an overall market share of around 82% in the North America manual bottle opener market. The craft beer revolution in North America, particularly in the United States and Canada, is one of the most influential demand drivers for manual bottle openers. As the craft beer market expands, there is a greater need for specialized tools that cater to different types of bottle closures.

Craft breweries, which often produce bottles with unique designs and cap types, are encouraging beer enthusiasts to seek high-quality, durable, and sometimes even bespoke bottle openers that match the artisanal nature of their beverages. The increased consumption of craft beer has created a demand for bottle openers that not only function efficiently but also serve as a tool that complements the premium and unique experience that craft beer offers.

Author: Avinash Singh, Sunita Singh
Frequently Asked Question(FAQ) :

Who are some of the prominent players in the manual bottle opener industry?+

Key players in the industry include BarCraft, Boker, Corkcicle, Godinger, Joseph Joseph, Kohler, Le Creuset, Le Creuset Group, Motta, Oster, OXO International, The Bottle Opener Company, Tovolo, True Fabrications, and Zoku.

What is the market share of the U.S. in the North America manual bottle opener industry?+

The U.S. holds approximately 82% of the North American manual bottle opener market, driven by the craft beer revolution and the need for specialized tools for different bottle closures.

Why is the use of traditional bottle openers rising?+

The traditional bottle openers segment recorded USD 400 million in 2023 and is expected to grow at a CAGR of around 5.5% from 2024 to 2032 due to their proven functionality and reliability.

How big is the manual bottle opener market?+

The global manual bottle opener industry was valued at USD 1.2 billion in 2023 and is estimated to grow at a CAGR of over 5.5% from 2024 to 2032, driven by the increasing trend of home entertaining and DIY home bar setups.

Manual Bottle Opener Market Scope

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