Nonstick Cookware Market
Nonstick Cookware Market (Material - Teflon coated, Anodized Aluminum coated, Ceramic Coating, and Enameled Iron Coated; Distribution Channel - Online and Offline) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2027
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Global Nonstick Cookware Market: Snapshot
Non-stick cookware, are utensils with a surface engineered to reduce the risk of food items to stick to it. Non-stick cookware is a common application of non-stick coating, where the non-stick coating allows food to brown deprived of sticking to the pan. Non-stick is frequently used to mention to surfaces coated with polytetrafluoroethylene (PTFE), a famous brand of which is "Teflon." In the twenty-first century additional coatings have been marketed as non-stick, such as Teflon coated, Anodized Aluminum coated, Ceramic Coating, enameled iron coated, and others.
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Use of Polytetrafluoroethylene Helps In Faster Cooking Which Drives The Product Demand
Polytetrafluoroethylene (PTFE) is a solid, strong, waxy, flameproof synthetic resin created by the polymerization of tetrafluoroethylene. PTFE decreases friction, energy consumption of appliances. PTFE (Teflon) is used in coating non-stick cookware, as it is hydrophobic and has a fairly high heat resistance. These factors are expected to boost the sales of nonstick cookware in coming years. The better the quality of the materials used, the lesser the chances of the coating peeling off. The better quality helps in keeping the non-stick property of the cookware intact. In order to make anodized aluminum coated cookware, the aluminum is subjected to very high voltage and lower temperature in an electrolytic solution where aluminum is used as an Anode. This results in a hard and durable coating. In enamel coating, the substrate used for the cookware is coated with a porcelain material by firing the porcelain in powdered form on the substrate’s surface at a high temperatures which fuses into a smooth and durable coating on the surface. In seasoned cookware, the surface is coated with a very thin layer of oil and the oil is polymerized to the surface with the usage of high heat for a particular time period.
The global Non-stick cookware market was valued at US$ 19.6 Bn in 2018 and is forecast to expand at a CAGR of 4.1% from 2019 to 2027, reaching a value of US$ 28.1 Bn in 2027.
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In terms of Distribution Channel, Online Segment Accounted For Higher CAGR
In terms of distribution channel, global nonstick cookware market is bifurcated into online and offline segment. Purchases are expanding their business globally through online channels also, individual are adopting online purchasing option due to lack of time. As a result, online segment is the faster growing segment during the forecast period. There are various types of non-stick cookware and they are coated with different coating such as Teflon coated, anodized aluminum coated, ceramic cookware, enameled iron coated and others
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Asia Pacific Market to Witness Promising Growth in Coming Years
On the basis of geography, the market is segmented into five regions namely North America, Europe, Asia Pacific, Middle East and Africa and South America. Europe led the Non-stick cookware market in 2018 and is expected to grow at a good pace throughout the forecast period from 2019 to 2027. The primary drivers for the growth of Non-stick cookware market in North America region are demand for safe and innovative cookware. Asia Pacific region is anticipated to experience promising growth in the Non-stick cookware market during the forecast period. This is mainly due to high demand for innovative cookware and developing lifestyle of people living in urban areas. Europe and Middle East and Africa region are expected to grow at a significant rate of 3.6% and 1.2% in coming years.
Key players operating in the market are
- Le Creuset
- Calphalon (Newell Brands LLC)
- Moneta Cookware
- Gibson Brands, Inc.
- Farberware Licensing Company, LLC
- T-fal, and All-Clad
- TTK Prestige limited
- Regal Ware, Inc.
- PT Maspion
- NuWave LLC
- Meyer Corporation
- Group SEB
- Denby Pottery
- Bradshaw International, Inc.
- Conair Corporation & Hawkins Cookers Limited.
Global Nonstick Cookware Market – Scope of the Report
Transparency Market Research’s recent report on the nonstick cookware market, with the help of a comprehensive outlook, provides readers with an assessment of the global market landscape. This study on the nonstick cookware market analyzes the scenario for the period 2019 - 2027, wherein 2018 is the base year and 2017 and earlier is historical data. The report enables readers to make important decisions with regard to their business, with the help of a wealth of information enclosed in the study.
This TMR study on the nonstick cookware market provides data on the developments undertaken by important players and stakeholders in the market, along with a competitive analysis. The report also provides an understanding of strengths, weaknesses, threats, and opportunities, along with trends and restraints in the landscape. Presented in a clear sanctioned manner, this report on the global nonstick cookware market gives readers an individual understanding of the market.
The study discusses the underlying trends and impact of various factors that drive the global nonstick cookware market, along with their influence on the evolution of the market.
The study also offers Porter’s Five Force Analysis, value chain analysis, key trend analysis, and SWOT analysis of the global Nonstick cookware market in order to highlight the crucial growth tactics and opportunities for market players.
Key Questions Answered in This Report on the Nonstick Cookware Market
- How much revenue will the nonstick cookware market generate by the end of the forecast period?
- What application nonstick cookware is likely to gain the maximum market share by 2027?
- What regions currently contribute the maximum share to the overall nonstick cookware market?
- What are the indicators expected to drive the global nonstick cookware market?
- Which region is likely to be a lucrative market during the forecast period?
- What are the essential strategies incorporated by key stakeholders in the global nonstick cookware market to expand their geographical presence?
- What are the major advancements witnessed in the global nonstick cookware market?
The report answers these questions and more about the global nonstick cookware market, aiding major stakeholders and key players in making the right decisions and strategizing for the advancement of their business.
Global Nonstick cookware Market – Research Methodology
The TMR report on the global nonstick cookware market is based on a complete and comprehensive evaluation of the market backed by secondary and primary sources. The competitive scenario of the global nonstick cookware market is supported by an assessment of different factors that influence the market on a minute and granular level. By thoroughly analyzing the historical data and current trends, researchers of the global nonstick cookware market arrive at predictions and estimations, and calculate the forecast for the market.
The report uses an analytical triangulation method to estimate the numbers and figures of the global nonstick cookware market with both bottom-up and top-down approaches.
The detailed assessment of the global nonstick cookware market, along with an overview of the landscape is provided based on a careful examination of the avenues related to this market. Analysts’ conclusions on how the global nonstick cookware market is set to grow are based on carefully vetted primary and secondary sources.
- In this chapter, the report offers a dashboard view of the competition matrix of leading players in the global nonstick cookware market, along with structural analysis
- The report includes the below mentioned pointers of major players operating in the nonstick cookware market:
- Company Overview
- Product Profiling
- Product Innovation
- Business Strategies/Recent Developments
- Technological Advancements
- Key Mergers & Acquisitions
- Expansion Strategies
- Company Financials
Some of the Key Players Covered Under the Scope Include:
Berndes, Scanpan, Le Creuset
Circulon, Calphalon (Newell Brands LLC)
Gibson Brands, Inc.
Farberware Licensing Company
LLC, Anolon, Cuisinart
|TTK Prestige limited
Tramontina, Regal Ware, Inc.
Market Segmentation/Research Scope –
- Teflon Coated
- Anodized Aluminum Coated
- Enameled Iron Coated
- Ceramic Coating
- North America
- The U.K.
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East and Africa (MEA)
- South Africa
- Rest of MEA
- South America
- Rest of South America
Global Nonstick cookware Market – Segmentation
The report on the global nonstick cookware market provides information on the basis of material, distribution channel, and region.
Anodized Aluminum Coated
Enameled Iron Coated
Middle East & Africa