Enameled Cookware Market Size, Share & Trends Analysis Report By Product (Oven, Pots, Pans, And Bakery Tray), By Application (Residential, Commercial), By Distribution Channel (Online, Offline, By Region, And Segment Forecasts, 2022 - 2030
Enameled Cookware Market Growth & Trends
The global enameled cookware market is expected to reach USD 2.89 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.3% from 2022 to 2030 The demand for enameled cookware in the commercial and residential sectors is increasing as modular kitchens become more popular and living standards develop. Due to growing consumer preference for modular kitchens, the increase in spending on home improvement projects or kitchen remodeling is also boosting product demand.
Since people are more likely to spend more time at home owing to the lockdown than on vacation, the residential sector is projected to benefit from the pandemic. In addition to experimenting with new dishes at home, consumers are also attempting to get better at cooking. As a result of the coronavirus outbreak, more people are cooking at home because they wish to keep their food fresh and from being exposed to the outside world which in turn has increased demand for cookware worldwide.
The pans segment of the enameled cookware market is dominated in terms of products, and it is anticipated that it would hold the largest market share during the projection period. Enameled pans are often used to cook large salmon fillets, pan-fried hamburgers, and thick-cut steaks as they get nicely cooked and browned in such pans.
Europe held the largest market share in 2021, owing to the continuous expansion of the residential sector on account of the increasing number of households. Additionally, major home improvement projects undertaken by consumers in the region, are boosting the demand for premium cookware. Consumers in the region are likely to invest in high-end cookware, which complements their kitchen décor.
The key players of enameled cookware are putting a high priority on research and development as well as innovations to meet the need for sauté pans, roasting pans, frying pans, stockpots, and skillets. Further growth in online shopping is expected in the coming years. Hence, companies in the market are focusing on gaining market share by extending their reach through the direct-to-consumer business channel. For instance, in June 2020, Cuisinart launched its own e-commerce website that retails approximately 200 products and 1,500 replacement parts from the company’s portfolio.
Enameled Cookware Market Report Highlights
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