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Saucepan Market

Saucepan Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026

Saucepan is a type of cookware which is spherical in shape. It is equipped with a tight cover and a long handle. Usually, it is about 4” to 6” straight-sided deep. It is available in different sizes in terms of its liquid capacity, which ranges from 1 quart to 4 quarts. Saucepans are made of materials such as stainless steel, aluminum, ceramic, or cast iron. Its cooking surface has a non-stick coating such as Teflon. Saucepans are highly versatile in nature and they are used in cooking processes such as boiling water; making sauces and soups; and cooking foods such as pasta.

Quality of the product, its efficiency, and its price are highly significant factors affecting the buying decision of consumers. Increase in the standards of living of consumers is also estimated to augment the demand for saucepans during the forecast period. The global cookware industry is driven by changes in lifestyle of customers in developing countries. Globalization is one the significant reason for the popularity of international foods over recent years, it is encouraging consumers to experiment more in their home cookery The evolution in the e-commerce industry has created immense opportunities for manufacturers and suppliers in the industry. Promotional activities on social media and various other online platforms, especially for teenagers, are projected to offer attractive growth opportunities to the saucepan market in the near future. In order to cater to a comprehensive range of customers across the world, manufacturers and distributors of saucepans are focusing on selling their products on e-commerce websites. E-commerce has made things highly easy and convenient for customers and it has switched the process of procuring goods from traditional utensil shops to online channels. Suppliers and local vendors are also selling cookware in sets or bundles. They are offering combo sets that include saucepans, soup pots, stockpots, saucier pans, and other cookware of distinct sizes and shapes. This attracts a large number of customers toward buying a bundle of products at a highly reasonable price.

The global saucepan market can be segmented based on product, application, distribution channel, and region. Based on product, the global saucepan market can be divided into stainless steel, ceramic, cast iron, and others. Stainless steel saucepans can be used with all kinds of foods, as stainless steel is not reactive in nature. It is highly durable and it can withstand scratches and dents. Aluminum saucepans are highly economical and they last for a long time. Aluminum does not react with acidic food. Saucepans made of cast iron are generally affordable. Cast iron helps condition the pan to protect the food from sticking. Ceramic saucepans are attractive. They are available in bright colors and trendy designs.

In terms of application, the global saucepan market can be bifurcated into household and commercial. Based on distribution channel, the saucepan market can be divided into online and offline distribution channels such as supermarkets & hypermarkets, e-commerce websites, etc. On the basis of region, the global saucepan market can be divided into North America, Europe, Asia Pacific, Middle East & Africa and South America. Asia Pacific is estimated to hold a major share of the global saucepan market during the forecast period. Rapid urbanization, increase in the demand for cookware, and rise in the purchasing power of customers in the region have boosted investments in cookware such as saucepan. This is likely to augment the saucepan market in Asia Pacific during the forecast period.

Leading players operating in the global saucepan market are Prestige, Philips, Joyce Chen, Tefal, All-clad, Jill May, Swiss Diamond, Cooker King, Le Creuset, Joyoung, Greenpan, Wok Shop, J.A.Henckels, Excel Steel, Cuisinart, Royalstar, Williams Sonoma, Lodge, Tramonitina, Circulon, Supor, Calphalon, ASD, KBH, Woll, Cuisine Art, Zwilling, KBH, and Create Frypan.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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