The Europe Nonstick Cookware Market would witness market growth of 6% CAGR during the forecast period (2021-2027).
The demand for cookware has been spurred due to the rising number of nuclear families and the growing number of migrants to urban cities or other parts of the world. In addition, rising disposable income, increasing spending capacity, and growing preference for improved cookware are among the key driving factors for the non-stick cookware market. Males, females, and children are showing higher inclination towards trying out different dishes, thereby opening new growth avenues for the market players in the coming years.
Nonstick cookware is widely used in commercial as well as residential places. There is a wide variety of products included in nonstick cookware like nonstick pan, nonstick cooking pot, nonstick saucepan, and others. The benefits of using nonstick cookware are going to be a major driving force of the regional nonstick cookware market. Along with that, the increasing spending of the customers on making their kitchen modular and advanced is estimated to spur the adoption of nonstick cookware.
Furthermore, the increasing number of cooking shows and competitions are encouraging customers to make their food at home and try out different cuisines, which would also support the growth of the regional nonstick cookware market. The manufacturers in this region are understanding the need of the customers and are launching different products with advanced features in order to cater to the increasing demand for their products.
The manufacturers are encouraged to develop innovative products due to the stiff competition and swiftly changing demand among the consumers. Moreover, this aspect is also increasing the cost of R&D activities of the manufacturers. The applications of nonstick cookware products have increased in the commercial and household sector. In the commercial sector, such products are majorly utilized in hotels, restaurants, food stations, resorts, and other public eateries.
With the presence of various aluminum cookware manufacturers and under this segment, all the products could differ significantly from pressed aluminum and forged to die-cast based on the production procedure and the price. Numerous consumers in this region are preferring riveted and welded fixing systems for the handles. The preference for pressed aluminum cookware having riveted handles among the consumers has increased owing to their cost effectiveness and easy accessibility in bazaars, supermarkets, and distribution centers. Such products are generally simple-looking products that come in black or dark colors, and they go well for daily usage, and are commonly sold in bi or tri packs.
The Germany market dominated the Europe Specialty Stores Market by Country in 2020, thereby, achieving a market value of $289.9 Million by 2027. The UK market is exhibiting a CAGR of 6.4% during (2021 - 2027). Additionally, The France market is anticipated to witness a CAGR of 8.7% during (2021 - 2027).
Based on Raw Material, the market is segmented into Teflon Coated, Aluminum Coated, Enameled Iron Coated, Ceramic Coated, and Other Raw Materials. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Convenience Stores, Specialty Stores and Other channels. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Nonstick Cookware Market Size will Hit $14.3 Billion by 2027, at a CAGR of 6.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Cookware Company, Groupe SEB, Newell Brands, Inc., TTK Prestige Limited, Berndes Cookware (BERNDES Küche GmbH), Crown Cookware, Meyer Corporation (Meyer Manufacturing Co. Ltd.), Scanpan USA, Inc., and Hawkins Cookers.
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