Global Nonstick Cookware Market - 2022-2029

Global Nonstick Cookware Market - 2022-2029

Market Overview

The global nonstick cookware market size was worth US$ XX million in 2021 and is estimated to reach US$ XX million by 2029, growing at a CAGR of XX % during the forecast period (2022-2029).

Cooking is a decade-long activity that one engages in out of necessity, personal interest, or vocation because food is vital for human survival. Food was traditionally cooked in mud pots or earthenware. However, as humans have progressed and the economy and technology have developed, modern cookware goods and techniques have emerged.

The global need for nonstick cookware is being driven by a rising number of chefs, the rise in popularity of cooking programs and the preference of both men & women for culinary techniques, the engagement of children in cooking to try out new dishes, the increasing popularity of international level cooking competitions and the introduction of new dishes requiring specialized cookware.

Nonstick cookware is a utensil whose surface has been developed to reduce the likelihood of food sticking to it. On nonstick cookware, a smooth texture coating (nonstick coating) prevents food from sticking to the utensil, burning or overcooking. Nonstick cookware is available in a wide range of materials on the global market, including Teflon, aluminum, enameled iron, ceramic and many others.

Nonstick cookware uses less oil and is easier to clean because no food remnants are clinging to the cookware. Nonstick cookware is also available in various shapes, sizes, colors and materials, which aids in market expansion. As a result, the nonstick cookware market is expected to increase significantly throughout the forecast period.

Market Dynamics

Due to the non-toxic and nonstick qualities, nonstick ceramic cookware is becoming more popular. Consumers' preferences shift away from Teflon-coated nonstick cookware and ceramic-coated nonstick cookware. The nonstick cookware category's primary sales channel has been modern stores, followed by department stores. A diverse product portfolio boosts nonstick cookware sales from various manufacturers, new product models and improved graphics.

The rising demand for healthy and convenient cooking practices

Consumers' growing health concerns have pushed the nonstick cookware market to higher sales. Cooking trends are influenced by health and fitness and recipes for home-cooked meals. Many consumers, particularly housewives, are affected by the number of television programs dedicated to food and recipes. As a result, the use of nonstick cookware items rises.

Nonstick cookware is becoming increasingly popular since it can cook with less oil. Consumer interest in gourmet cuisine increases due to television shows and celebrity endorsements. Europe's culinary traditions and expertise are also gaining a lot of traction, driving up the use of nonstick cookware.

Rapid home repair projects and remodeling

Customers' growing desire for modular kitchens is driving up demand for nonstick cookware, attributable to increased spending on home repair projects or remodeling. Home improvements climbed by 15% in the previous year, according to Houzz's 10th annual Houzz & House study, with kitchens, outdoor areas, home offices and technology receiving the most attention.

The rise in popularity of home cooking, notably during the ongoing COVID-19 pandemic, is another factor driving demand for nonstick cookware. Consumers are sharpening their culinary skills and experimenting with new meals at home. The rapid expansion of commercial buildings, especially in developing countries like India and China, is paving the way for cafes, restaurants and food joints, indicating that nonstick cookware items have a bright future.

High costs of nonstick cookware

The expensive cost of nonstick cookware and the availability of cheaper and more durable alternatives like aluminum and stainless steel limit the market for the product's growth. The lack of temperature resistance is also a stumbling block to the market's expansion.

COVID-19 Impact Analysis

The cookware industry's overall performance has suffered from the current pandemic problem. The manufacturing and distribution processes have been harmed due to the supply chain interruption. Factory workers have had their pay reduced. People have ceased going outdoors to buy such things because of stay-at-home orders.

However, the e-commerce sector is projected to impact sales positively in the current pandemic and future. The cookware market was driven by hotels, restaurants and fast food retailers, but demand slowed due to the current lockdown scenario.

Segment Analysis

By distribution channel, the nonstick cookware market is segmented into convenience stores, supermarkets & hypermarkets and others.

The increased availability of nonstick cookware in supermarkets and hypermarkets

People are likely to be selective and vigilant while shopping in a supermarket or hypermarket since products on the shelf may easily be compared to those of other brands before making a purchase decision. Nonstick cookware is available in several pricing ranges at supermarkets and hypermarkets, with a selection of local and international brands.

The increased availability of nonstick cookware through e-commerce sites is due to the easy availability of cookware across multiple sales channels and the increasing prevalence of the internet. Buyers may obtain the premium and global brands with well-informed information through online distribution channels, which have seen a surge in sales.

Geographical Analysis

The increasing innovation and uniqueness of nonstick cookware in Europe

Consumers in Europe are drawn to innovation and originality, shown via various colors and personalized collections. Aluminum nonstick cookware is the most popular type of cookware in Europe. The region is home to many aluminum cookware producers. The types of products available vary significantly within this category—from pressed aluminum to forged aluminum to die-cast—depending on the manufacturing method and consumers' price positioning.

Several customers in the area favor riveted and welded handle fixing techniques. Consumers prefer pressed aluminum cookware with riveted handles because they are less expensive and easier to get in supermarkets, bazaars and distribution centers. These are typically plain-looking items in black or dark colors, are ideal for everyday usage and are frequently marketed in bi or tri packs.

Competitive Landscape

Companies have concentrated on inorganic development tactics to penetrate regional markets and capitalize on growth opportunities. Mergers and acquisitions are two corporate methods to help a company expand its market share. Key companies are increasingly focusing on introducing new items and product development to maintain their market presence. Fissler, for example, added three additional products to the existing cenit pan series in February 2020, bringing the total to three: cenit pan, cenit induction pan and cenit induction serving pan.

Key players in the global market for nonstick cookware include Groupe SEB, All-Clad Group, Tefal, Newell Brand Inc. (Calphalon), Cuisinart, Meyer Corporation, Alpha Packaging, Inc, TTK Prestige Limited, Scanpan USA, Inc. and Hawkins Cookers Limited.

All Clad Group

Overview: The company started making cookware in 1971. Its cookware is handcrafted by skilled craftspeople using the finest materials and revolutionary bonding processes at their mill in Canonsburg, Pennsylvania, a small borough near our founder's hometown. The region, being the origin of the American steel and aluminum industries, is unrivaled in metal fabrication technology and its metalworkers are among the best in the world.

Product Portfolio: The company provides a product portfolio that includes nonstick cookware, making cooking and cleanup easy. All-Clad produces a complete line of quality cookware using American craftspeople and American-made metals. All-unique, Clad's high-performance bonded cookware is manufactured in U.S. by American artists utilizing American steel.