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Non-Stick Cookware Market by Material (Teflon Coated, Aluminum Coated, Enameled Iron Coated, Ceramic Coating, and Others), Application (Residential and Commercial), and Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Specialty Stores, and Online Retail): Global Opportunity Analysis and Industry Forecast, 2020–2027

A09402
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Jan 2021 | 159 Views
 
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Cooking is a decade long activity which one performs out of necessity or has a personal interest, or rather takes it up as a profession, because food is the basic necessity for human survival. Traditionally, mud pots or earthen cookware were used to cook food. But with the evolution of human beings and the development of economies & technology gave rise to the production of modern cookware products and techniques. An increasing number of chefs, the growing popularity of cooking shows, the inclination of both men and women in cooking practices, engagement of children in cooking to try out new dishes, the increasing popularity of international level cooking competitions, and the advent of new dishes requiring specialized cookware drive the demand for non-stick cookware in the market.

Non-stick cookware is a utensil whose surface is engineered in such a way that the risk of food items to stick on the cookware minimizes. A coating of a smooth texture (non-stick coating) on non-stick cookware prevents the food from sticking to the utensil or from getting burned or overcooked. A variety of non-stick cookware is present in the global market, coated by using different raw materials like Teflon, aluminum, enameled iron, ceramic, and many others.

Using non-stick cookware enables less oil utilization is also easy to wash as there are no remains of food stuck on the cookware. Also, non-stick cookware is available in different shapes, sizes, colors, and materials, which supports its market growth. Therefore, it is projected that the non-stick cookware market will grow significantly during the forecast period. 

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value ($US)

  Segments covered

  Material, Application, Distribution Channel, and Region

  Regions covered

North America (U.S., Canadaand Mexico), Europe (Germany, UK, France, Italy, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and the Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and the Rest of LAMEA)

  Companies covered

Berndes, Circulon, TTK Prestige Limited, Gibson Brands Inc., Scanpan, Moneta Cookware, NuWave LLC, Hawkins Cookers Limited, Bradshaw International Inc., Le Creuset, Cuisinart, Regal Ware Inc., The Cookware Company, Cooker King, Newell Brands, and Cook N Home.

 

COVID-19 ScenarioAnalysis:

  • As a result of the ongoing pandemic crisis, the overall performance of the cookware industry has dropped.
  • The disruption of the supply chain has affected the manufacturing and distribution process.
  • Pay reduction has been implemented for the factory workers.
  • Stay at home orders has stopped the people from going outside, for purchasing such products.
  • Although, the e-commerce business is expected to have a positive influence on sales in the ongoing pandemic situation and the future. 
  • Hotels, restaurants, fast food retails drove the cookware market, but due to the prevailing lockdown situation, the demand for cookware has been put on halt.

Top Impacting Factors:Market Scenario Analysis, Trends, Drivers and Impact Analysis

An increasing number of nuclear families and a rising number of individual migrants to urban cities or in any other corner of the world has led to an increased demand for the cookware for their kitchens. Along with this, rising income, increasing disposable income, rising spending capacity, preference for advanced cookware, supports the global market growth for the non-stick cookware market. Additionally, males, females, and even children these days are inclining towards trying new dishes, driving the growth of the non-stick cookware market. Also a shifting preference towards easy-to-clean nonstick products, rising number of fast-food giants, the ability of non-stick cookware to withstand very high temperature, and rising popularity of the ceramic coated non-stick cookware are few other factors that surge the global market growth for the non-stick cookware.

However, the high price of the non-stick cookware and availability of indigenous options such as aluminum and stainless steel at a lower cost and higher durability feature hampers the market growth for this product. Another major threat to the non-stick cookware market is that some non-stick cookware releases hazardous chemicals on heating leading to serious health issues.

However, increasing investment in research & development, developing and launching a new product, and aggressive marketing strategies create revenue opportunities for the players operating in the non-stick cookware market. For instance, ScanPan Inc., a US-based cookware manufacturing company, in 2001, launched a ceramic-based titanium nonstick cookware, which is easy to use and wash and does not contain any harmful metals or chemicals.

The Global Non-stick Cookware Market Trends are as follows:

Emerging Trend of Eco-friendly Non-Stick Cookware:

In almost every industry, health & fitness and usage of eco-friendly products have become an ongoing trend. The cookware industry is observing a similar trend, where demand for green or sustainable products that cause no harm to the surroundings is rising. For instance, chefs across the globe prefer non-stick cookware or eco-friendly pans that do not cause any harm to consumer health. Cuisinart’s green gourmet non-stick cookware is one such non-stick cookware that consumes less energy and also limits carbon emissions.

Non-Toxic Ceramic Coated Non-stick Cookware is Getting Popular:

Ceramic is considered to be the safest and environmentally friendly cookware option globally. The consumer knowledge about the product material is increasing, forcing manufacturers to come up with innovative material having no harmful effect. One such material that is gaining popularity these days is the ceramic coated non-stick cookware. The demand for ceramic coated non-stick cookware is rising because it is free of toxic chemicals like perfluorooctanoic acid (PFOA) and polytetrafluoroethylene (PTFE).

Increasing Online Sales of Non-stick Cookware:

With the increasing penetration of the internet, and the easy availability of cookware across different sales channels has increased the demand for non-stick cookware through online sale platform. Also, the sales through online-distribution channels have surged because they enable the customers to access premium and global brands with well-informed information about the product.

 

Key Segments Covered:

Segments

Sub-segments

  Material

  • Teflon Coated
  • Aluminum Coated
  • Enameled Iron Coated
  • Ceramic Coating
  • Others

  Application

  • Residential
  • Commercial

  Distribution Channel

  • Supermarkets & Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Retail

 

Key Benefits of the Report:

  • This study presents the analytical depiction of the global non-stick cookware industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global non-stick cookware market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global non-stick cookware market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global non-stick cookware market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions Answered in the Non-stick Cookware Market Research Report:

  • What are the leading market players active in the non-stick cookwaremarket?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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