Published on : Jan 12, 2018
Albany, New York, January 12, 2018: The most popular cooking sets for the home and the everyday chef are nonstick cookware. In the present time, the nonstick cookware market is experiencing modest growth, which is mainly influenced by the rising demand for fast and more convenient methods of cooking. The demand for nonstick cookware is also expected to rise in response to the changing lifestyle choices and increasing willingness of consumers to spend on newer variants of consumer goods. These findings have been briefly explained in a new research study, which is titled as “Nonstick Cookware Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025” and offers detailed insights and analysis on the key factors that are shaping the global demand for non-stick cookware. Market Research Hub (MRH) has been recently added this new study to its online repository.
The whole purpose of the nonstick cookware is to ensure that food does not stick to the surface while cooking. It includes fry pan, saucepan, and stock pots. Presently, several companies are already engaged in developing newer coating materials to ensure the better durability of products. A spike in the demand for Teflon and ceramic coated nonstick cookware in the coming years, which is expected to enable the market gain momentum. According to the study key findings, the global nonstick cookware market is likely to reach US$23.03 bn by the end of 2025. At this value, the market is also forecasted to exhibit a CAGR of 4.1%.
While the household sector remains a leading user of nonstick cookware, the market is perceiving a steady rise in demand in the commercial segment.
The report begins with an executive summary which offers highlights and gist of the report. The succeeding sections involve information on the leading drivers, trends, opportunities, and restraints that the global nonstick cookware industry players are facing currently. The qualitative information in the report, including the assessment of market dynamics offers readers detailed information on the key factors that are shaping the global nonstick cookware market.
Moving further, the market is segmented into five regions namely North America, Europe, Asia Pacific, Middle East and Africa and South America. Amongst, Europe led the Non-stick cookware market in 2016 and is expected to grow at a good pace throughout the forecast. In the coming years, the report finds that Asia Pacific region is anticipated to experience promising growth in the Non-stick cookware market this is mainly due to high demand for innovative cookware and developing lifestyle of people living in urban areas.
At last, the report also features important business strategies adopted by the key players for the development of the nonstick cookware, across the globe. The report also comprises of company share analysis and the major competitive landscape to enable the reader about the recent and future status of the market. Berndes, PT Maspion, Scanpan, Le Creuset, Circulon, Calphalon (Newell Brands LLC), Tramontina, Denby Pottery, Moneta Cookware, Regal Ware, Inc., Gibson Brands, Inc., Farberware Licensing Company, LLC, Anolon, Cuisinart, T-fal, and All-Clad, NeoFlam, TTK Prestige limited, NuWave LLC, Meyer Corporation, Group SEB, Bradshaw International, Inc., Conair Corporation & Hawkins Cookers Limitedare some of the major players operating within the global Non-stick cookware market profiled in this study.
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