Ovenware Market By Type (Baking Sheet, Loaf Pan, Cake Pans, Muffin Pan, Pizza Pan, Others), By Material (Stainless Steel, Copper, Aluminium, Plastics and Non-Stick coatings), By End-Users (Commercial, Households), By Distribution Channel (Offline, Online): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global ovenware market was valued at $1.1 billion in 2021, and is projected to reach $2 billion by 2031, growing at a CAGR of 6.7% from 2022 to 2031. Ovenware is used to make food in the oven and serve them. They are made of materials that can resist heat, so the product will last long. Ovenware made with aluminium is primarily used more as they pass heat well and is economical but many consumers also purchase the ones made with stainless steel as they are durable and inexpensive. As per an article by the government of Canada, stainless steel is the most popular material used for cookware manufacturing. There are also factors such as the looks and health benefits of baked food coupled with adverse health effects of fried foods, which drive the ovenware market.
The ovenware market witnessed a severe positive impact owing to the COVID-19 pandemic. Sales of ovenware used by households are attributed to the rise in interest of people in cooking and baking. There has been a negative impact on the commercial segment as there has been a proper shutdown of hotels, restaurants, and food chains. This was attributed to the fact that people have ample time to adopt new hobbies, which resulted as the driver for the market as people started cooking and baking as a hobby. The rising popularity of ovenware in almost every region, owing to the adoption of baking as a hobby coupled with the taste and health benefits baked food offers, is expected to drive the ovenware market growth. This rising population coupled with the rapid rate of urbanization, is also expected to boost the market demand.
The proliferation of e-commerce in the field of ovenwares is expected to boost the market growth. Many manufacturers are opening their own e-commerce sites and are offering several discounts and offers, which attract many consumers to purchase ovenware online. Further enhancements in online shopping experiences of customers for ovenwares propel the market growth.
The ovenware market is segmented based on type, materials, end user, distribution channel, and region. By type, the ovenware market is classified into baking sheets, loaf pans, cake pans, muffin pans, pizza pans, and others. Depending on the material, the market is categorized into stainless steel, copper, aluminium, and plastic &nonstick coatings. By end user, it is categorized into commercial and household. By distribution channel, it is divided into offline and online. By region, the market is analyzed in North America, Europe, Asia Pacific, and LAMEA.
Some of the major players analyzed in this report are Fissler GmbH, Groupe SEB, Meyer Corporation, Motiba Silicone Pvt. Ltd., Nordic Ware, The Vollrath Company, LLC., Tramontina, USA PAN, Vinod Cookware, and Wilh. Werhahn KG.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the ovenware market analysis from 2021 to 2031 to identify the prevailing ovenware market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the ovenware market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global ovenware market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Baking Sheet
Loaf Pan
Cake Pans
Muffin Pan
Pizza Pan
Others
By Material
Stainless Steel
Copper
Aluminium
Plastics and Non-Stick coatings
By End-Users
Commercial
Households
By Distribution Channel
Offline
Sub Type
Hypermarket and Supermarket
Convenience Stores
Others
Online
By Region
North America
U.S.
Canada
Mexico
Europe
UK
France
Germany
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Argentina
Saudi Arabia
Rest of LAMEA
Key Market Players
Fissler GmbH
Groupe SEB
Meyer Corporation,
Motiba Silicone Pvt Ltd.
nordic ware
The Vollrath Company, LLC.
Tramontina
usa pan
Vinod Cookware
Wilh. Werhahn KG
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