Dublin, Sept. 29, 2023 (GLOBE NEWSWIRE) -- The "Nonstick Cookware: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
In the ever-evolving global Nonstick Cookware industry, staying apprised of market trends, competition, and innovation is crucial to maintaining a competitive edge. The comprehensive research report projects the industry's growth to reach $25.3 billion by 2030, holding significant importance for business leaders looking to strategize their position in this versatile market.
Market Growth and Segmentation
The global Nonstick Cookware market, valued at approximately $20.1 billion in 2022, is on track to witness substantial growth, reaching an estimated $25.3 billion by 2030. This impressive trajectory reflects a robust Compound Annual Growth Rate (CAGR) of 2.9% during the analysis period from 2022 to 2030. The Teflon Coated segment, one of the segments analyzed in the report, is projected to record a 3% CAGR, reaching $16.7 billion by the end of the analysis period. Factoring in the ongoing post-pandemic recovery, growth in the Anodized Aluminum Coated segment has been readjusted to a revised 2.2% CAGR for the next eight years.
Key Regional Insights: U.S. and China Lead the Way
- The Nonstick Cookware market in the U.S. is estimated at $5.3 billion in 2022.
- China, the world's second-largest economy, is poised to reach a projected market size of $5.4 billion by the year 2030, with a CAGR of 5% from 2022 to 2030.
- Other noteworthy geographic markets include Japan and Canada, each forecasted to grow at 0.9% and 2.2%, respectively, over the 2022-2030 period.
- Within Europe, Germany is projected to achieve an approximate 1.3% CAGR.
Comprehensive Market Scope
The comprehensive market analysis encompasses the nonstick cookware industry across various geographic regions, including the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. It offers an independent analysis of annual sales in US$ Million for the years 2022 through 2030, along with the corresponding percentage growth rates (CAGR). Additionally, it includes a historical review of nonstick cookware sales from 2014 to 2021, shedding light on past trends and growth rates.
Market Overview
- Insights into influencer market insights.
- Trajectories of world markets.
- Global key competitors' percentage market share in 2022.
- Competitive market presence for players worldwide in 2022.
- The impact of COVID-19 and a looming global recession.
What's New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its bumpy reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares.
- Market presence across multiple geographies - Strong/Active/Niche/Trivial.
- Online interactive peer-to-peer collaborative bespoke updates.
- Access to digital archives and the publisher's Research Platform.
- Complimentary updates for one year.
Select Competitors (Total 21 Featured)
- All-Clad MetalCrafters, LLC
- BERNDES Kuche GmbH
- Bradshaw Home Inc.
- Calphalon
- Conair Corporation
- Cuisinart
- Denby Pottery Co., Ltd.
- Farberware Licensing Company, LLC
- Gibson Brands, Inc.
- Groupe SEB
- Hawkins Cookers Limited
- Le Creuset of America, Inc.
- Meyer Corporation
- Meyer Manufacturing Company Limited (Circulon)
- Moneta Cookware
- NeoFlam
- NuWave LLC
- Regal Ware, Inc.
- Scanpan USA, Inc.
- T-FAL USA
- Tramontina USA, Inc.
- TTK Prestige Ltd.
Stay ahead of the curve in the Nonstick Cookware industry with this comprehensive market research report. Shape your strategic decisions, leverage global trends, and remain at the forefront of this dynamic and growing market.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 234 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $20.1 Billion |
| Forecasted Market Value (USD) by 2030 | $25.3 Billion |
| Compound Annual Growth Rate | 2.9% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/r8jsv5
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