The Worldwide Cookware Industry is Projected to Reach $34.1 Billion by 2030 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Cookware Market By Product Type, By Material, By Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering.

The global cookware market was valued at $19.0 billion in 2020, and is projected to reach $34.1 billion by 2030, growing at a CAGR of 6% from 2021 to 2030.

Cookware is a cooking utensil that is used in the kitchen to prepare food. The cookware is mostly made up of material with a property that it does not melt easily. Cooking utensils or cookware include pots, pans, or baking dishes.

These cooking wares are widely adopted in caterings, full-service restaurants, quick service restaurants, for preparation and storage of various cuisines. In addition, they are majorly used in residential application. Rise in business-related travel and increase in number of food joints such as hotels & restaurants are the major factors that fuel the growth of the food service industry, which, in turn, drives the demand for cookware market.

Innovations in commercial cooking equipment boost the adoption of cookware products as it can be used for the pre-preparation of the food. Moreover, shift toward dining out and growing number of households is also a driving factor for global cookware market.

The cookware market is segmented on the basis of type, material, distribution channel and region. Depending on type, the market is categorized into pots & pans, cooking pans, ovenware, pressure cooker, wok, griddle and cooking accessories. By material, it is classified into stainless steel, aluminum, glass and non-stick. By distribution channel, it is bifurcated into online and offline. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

The report highlights the drivers, restraints, opportunities, and growth in strategies adopted by the key players to understand the dynamics and potential of the market. Key players operating in the global cookware market are profiled to provide a competitive landscape of the market space.

Key Benefits For Stakeholders

• The study provides an in-depth analysis of the cookware industry with current and future trends to elucidate the imminent investment pockets in the market.
• It presents information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
• Porter's five forces model analysis of the industry illustrates the potency of the buyers and suppliers.
• Market player positioning in the report provides a clear understanding of the position of the leading companies.

Key Market Segments

By Product Type

• Pots and pans
• Cooking pans
• Ovenware
• Pressure Cooker
• Wok
• Griddle
• Cooking accessories

By Material

• Stainless steel
• Aluminum
• Glass
• Nonstick

By Distribution Channel

• Online
• Offline

By Region

• North America
• U.S.
• Canada
• Mexico
• Europe
• U.K.
• Germany
• France
• Italy
• Spain
• Rest of Europe
• Asia-Pacific
• China
• Japan
• India
• Asean
• South Korea
• Rest of Asia-Pacific
• LAMEA
• Brazil
• Argentina
• Saudi Arabia
• UAE
• South Africa
• Rest of LAMEA

Key Market Players

• conair corporation
• Fissler GmbH
• groupe seb
• hawkins cookers limited
• meyer corporation
• newell brands
• prestige
• Vinod Cookware
• Wilh. Werhahn KG.
• Target Brands, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/f6u1ab