Pizza Oven Industry - Regional Synopsis
Europe Market Forecast
Pizza oven market in Europe market is projected to hold largest market share of about 35% during the forecast period. The growth is impelled by Europe's long history and proficiency in the production of pizza ovens. Europe has a long history of consuming pizza, which has encouraged the development of a strong pizza oven manufacturing sector and cemented the region's leadership in the market. A survey conducted in 2022 found that 6.3 million people in the UK will be eating pizza two to three times each month. On the other hand, 4.2 million individuals report using it once a week or more.
APAC Market Statistics
Pizza oven market in Asia Pacific region is estimated to hold second largest revenue share of about 28% in the foreseen period. The Asia-Pacific region has experienced significant economic growth and urbanization, which has increased discretionary income and widened the middle class. The market development has also been aided by Asia Pacific's thriving food service sector. Furthermore, due to the increase in demand, manufacturers from both domestic and foreign markets have entered the industry to meet the expanding clientele.
