New York, NY, Aug. 13, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Nonstick Cookware Market by Material (Teflon Coated, Anodized Aluminum Coated, Ceramic Coating, and Enameled Iron Coated) and by Distribution Channel (Online and Offline): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026”. According to the report, the global nonstick cookware market accounted for USD 18,749 million in 2018 and is expected to reach around USD 25,591 million by 2026, at a CAGR of around 4% between 2019 and 2026.
Non-stick cookware is available in many forms, which includes saucepans, frying pans, etc. Non-stick cookware helps in cooking food without making the food ingredients to stick to the surface of the pan. A non-stick cookware’s surface is coated with a polymer called Polytetrafluoroethylene (PTFE) or enameled iron, anodized aluminum, ceramic, etc. This coating prevents any kind of food particles/ingredients to stick to the cookware’s surface. Teflon coating is generally synonymous to non-stick coating in the market. This can be attributed to the wide use of Teflon as a non-sticking agent. Thus, the non-stick cookware is generally recognized as Teflon coated cookware. Furthermore, the rising demand for ceramic and Teflon coated non-stick cookware is anticipated to fuel the nonstick cookware market across the globe over the forecasted years.
Browse through 37 Tables & 20 Figures spread over 110 Pages and in-depth TOC on “Global Nonstick Cookware Market: By Material Type, Distribution Channel, Industry Size, Share, Trends, Analysis and Forecast, 2018–2026”.
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On the basis of material, the nonstick cookware market includes ceramic coating, enameled iron coated, Teflon coated, and anodized aluminum coated. The nonstick surface makes Teflon-coated cookware convenient to use and easy to clean. Ceramic cookware is a relatively new product, which has excellent nonstick properties and is steadily becoming a popular product among the customers. Enameled iron coated nonstick cookware eliminates the need to season the metal, prevents rusting, and offers impressive cleaning. Enameled cast iron is excellent for slow cooking and drawing out authentic flavor from different food ingredients.
By distribution channel, the nonstick cookware market is divided into offline and online. As online retailing is on a rise worldwide, offline sales are anticipated to grow at a slower rate as compared to online distribution channels. Various technological advancements and innovative marketing strategies adopted by online e-commerce platforms coupled with ease of buying are likely to drive the online segment in the global market over the forecast time period.
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North America is expected to be the largest nonstick cookware market over the estimated timeframe, owing to the growing demand for safe, convenient, and user-friendly cookware by the region’s food industry. The U.S holds the largest market in this region, owing to the rising demand for nonstick cookware by restaurants and hotels, increasing investments in product enhancements and development of innovative products.
Europe dominated the nonstick cookware market in 2018 globally and is expected to grow at a steady rate over the forecast time period. This can be attributed to the well-established food industry. The European nonstick cookware market is mainly driven by France, Germany, and the U.K., owing to the growing customer demand for nonstick cookware.
Browse the full “Nonstick Cookware Market by Material (Teflon Coated, Anodized Aluminum Coated, Ceramic Coating, and Enameled Iron Coated) and by Distribution Channel (Online and Offline): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026” Report at https://www.zionmarketresearch.com/report/nonstick-cookware-market
Changing lifestyles of people living in the urban areas of developing countries of India and China is the main driver predicted to propel the growth of the nonstick cookware market in the Asia Pacific region in the future. Growing purchasing power of the regional consumers and positive economic developments have attracted various global players to invest in this region. Various developments in the food industry in Malaysia, Indonesia, South Korea, Japan, New Zealand, and Australia are also projected to further the drive the nonstick cookware market in the future.
Brazil, Mexico, Argentina, and Colombia hold major shares of the nonstick cookware market in Latin America. Global nonstick cookware companies continue to make investments in Latin America, including the launch of new projects and acquisitions and increasing their regional production.
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The Middle Eastern and African nonstick cookware market is driven by eminent countries like Saudi Arabia, Israel, the UAE, and Iran. This region is expected to offer various growth opportunities, due to the rise in the demand for safe and innovative cooking utensils.
Some key players operating in the global nonstick cookware market are Berndes, Scanpan, Le Creuset, Circulon, Calphalon, Moneta Cookware, Gibson Brands, Farberware Licensing, Anolon, Cuisinart, Tefal, All-Clad, Neoflam, and TTK Prestige.
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The global nonstick cookware market is segmented into:
Global Nonstick Cookware Market: Material Analysis
- Teflon Coated
- Anodized Aluminum Coated
- Ceramic Coating
- Enameled Iron Coated
Global Nonstick Cookware Market: Distribution Channel Analysis
- Online
- Offline
Global Nonstick Cookware Market: Regional Analysis
- North America
- U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- Middle East and Africa
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