Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 12.07 Billion | USD 19.21 Billion | 5.42% | 2023 |
The global nonstick cookware market size was worth around USD 12.07 billion in 2023 and is predicted to grow to around USD 19.21 billion by 2032 with a compound annual growth rate (CAGR) of roughly 5.42% between 2024 and 2032.
The report covers a forecast and an analysis of the nonstick cookware market on a global and regional level. The study provides historical data for 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Billion). The study includes the drivers and restraints of the nonstick cookware market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the nonstick cookware market on a global level.
To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the nonstick cookware market has been included. The study encompasses a market attractiveness analysis, wherein segments are benchmarked based on their market size, growth rate, and general attractiveness.
The global nonstick cookware market is anticipated to grow significantly over the forecast years. Non-stick cookware is available in many forms, which includes saucepans, frying pans, etc. Non-stick cookware helps in cooking food without making the food ingredients to stick to the surface of the pan. A non-stick cookware’s surface is coated with a polymer called Polytetrafluoroethylene (PTFE) or enameled iron, anodized aluminum, ceramic, etc. This coating prevents any kind of food particles/ingredients to stick to the cookware’s surface. Teflon coating is generally synonymous to non-stick coating in the market. This can be attributed to the wide use of Teflon as a non-sticking agent. Thus, the non-stick cookware is generally recognized as Teflon coated cookware. Furthermore, the rising demand for ceramic and Teflon coated non-stick cookware is anticipated to fuel the nonstick cookware market across the globe over the forecasted years.
The study provides a decisive view of the nonstick cookware market by segmenting it based on material, distribution channel, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
By distribution channel, the nonstick cookware market is divided into offline and online. As online retailing is on a rise worldwide, offline sales are anticipated to grow at a slower rate as compared to online distribution channels. Various technological advancements and innovative marketing strategies adopted by online e-commerce platforms coupled with ease of buying are likely to drive the online segment in the global market over the forecast time period. There are several kinds of non-stick cookware available in the market, which is coated with different coatings. The material segment of the market includes ceramic coating, enameled iron coated, Teflon coated, and anodized aluminum coated. Buyers can find a variety of non-stick products online, which is leading to considerable growth of the online non-stick cookware sales. The sales via online distribution channel are expected to increase rapidly in the years ahead.
Report Attributes | Report Details |
---|---|
Report Name | Nonstick Cookware Market |
Market Size in 2023 | USD 12.07 Billion |
Market Forecast in 2032 | USD 19.21 Billion |
Growth Rate | CAGR of 5.42% |
Number of Pages | 235 |
Key Companies Covered | Berndes, Scanpan, Le Creuset, Circulon, Calphalon, Moneta Cookware, Gibson Brands, Farberware Licensing, Anolon, Cuisinart, Tefal, All-Clad, Neoflam, TTK Prestige, and others. |
Segments Covered | By Product Type, By Application, By End-User, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Europe dominated the nonstick cookware market in 2023 globally and is expected to grow at a steady rate over the forecast time period. North America is expected to be the largest nonstick cookware market over the estimated timeframe, owing to the growing demand for safe, convenient, and user-friendly cookware. Changing lifestyles of people living in the urban areas of developing countries of India and China is the main driver predicted to propel the growth of the nonstick cookware market in the Asia Pacific region in the future.
The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Europe currently leads the global nonstick cookware market and is expected to maintain steady growth. North America, however, is poised to become the largest market due to a rising demand for safe, convenient, and user-friendly cookware. In the Asia Pacific region, changing lifestyles in urban areas of developing countries like India and China are expected to be the key drivers for future growth.
The global nonstick cookware market is dominated by players like:
The global nonstick cookware market is segmented into:
Global Nonstick Cookware Market: Material Analysis
Global Nonstick Cookware Market: Distribution Channel Analysis
Global Nonstick Cookware Market: Regional Analysis
FrequentlyAsked Questions
Nonstick cookware has a special coating that prevents food from sticking to the surface during cooking.
According to a study, the global nonstick cookware market size was worth around USD 12.07 billion in 2023 and is expected to reach USD 19.21 billion by 2032.
The global nonstick cookware market is expected to grow at a CAGR of 5.42% during the forecast period.
Europe is expected to dominate the nonstick cookware market over the forecast period.
Leading players in the global nonstick cookware market include Berndes, Scanpan, Le Creuset, Circulon, Calphalon, Moneta Cookware, Gibson Brands, Farberware Licensing, Anolon, Cuisinart, Tefal, All-Clad, Neoflam, and TTK Prestige, among others.
The nonstick cookware market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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