Global Induction Cookware Market Size, Share & Trends Analysis Report By Application, By Product (Pans, Pots, and Others), By Material (Stainless Steel, Cast Iron, Carbon Steel, and Others), By Distribution Channel, By Regional Outlook and Forecast, 2023

Global Induction Cookware Market Size, Share & Trends Analysis Report By Application, By Product (Pans, Pots, and Others), By Material (Stainless Steel, Cast Iron, Carbon Steel, and Others), By Distribution Channel, By Regional Outlook and Forecast, 2023 - 2030


The Global Induction Cookware Market size is expected to reach $4 billion by 2030, rising at a market growth of 7.1% CAGR during the forecast period. In the year 2022, the market attained a volume of 32,434.9 thousand units, experiencing a growth of 7.0% (2019-2022).

As environmental consciousness grows, consumers in Europe are increasingly drawn to induction cookware for its energy-efficient characteristics. Thus, the Europe region acquired 35.8% revenue share in the market 2022. With higher disposable income, European consumers are more likely to upgrade their kitchen appliances. Consumers with higher disposable incomes value time and convenience, making induction cookware an attractive option.

Personalization in design is a significant factor driving the market. Consumers have varied tastes in kitchen aesthetics, and the ability to choose designs, patterns, and colors in this allows them to match their kitchen decor. This customization contributes to a cohesive and personalized kitchen environment.

Additionally, Higher disposable income enables consumers to consider appliance bundling or kitchen packages that include it alongside other modern kitchen appliances. Manufacturers can collaborate with retailers to create bundled offerings, making it convenient for consumers to acquire a complete set of appliances. Hence, higher level of disposable income has been a pivotal factor in driving the growth of the induction cookware market.

However, the primary concern for consumers is the affordability of it. Compared to traditional cooking appliances, the initial cost of purchasing induction-compatible cookware and cooktops is often higher. This can be a barrier for individuals and households with budget constraints. Thus, high initial cost can slow down the growth of the market.

By Application Analysis

On the basis of application, the market is divided into residential and commercial. The commercial segment garnered 28.8% revenue share in the market in 2022. Induction cookware generates less ambient heat in the kitchen than traditional cooking methods.

By Product Analysis

By product, the market is categorized into pans, pots, and others. In 2022, the pans segment held 51.8%revenue share in the market. In terms of volume the pan segment registered 17,915.5 thousand units in 2022. Induction pans are specifically designed with materials that are compatible with induction cooktops.

By Material Analysis

Based on material, the market is classified into stainless steel, cast iron, carbon steel, and others. The cast iron segment acquired 27.5% revenue share in the market in 2022. Cast iron is renowned for its exceptional heat retention and even heat distribution. When used in induction.

By Distribution Channel Analysis

By distribution channel, the market is segmented into supermarkets/ hypermarkets, specialty stores, online, and others. In 2022, the supermarkets/ hypermarkets segment registered 40.2% revenue share in the market. Supermarkets/hypermarkets offer various its products, including pots, pans, sets, and specialized appliances.

By Regional Analysis

Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Asia Pacific region acquired 29.2% revenue share in the market. The Asia Pacific region has experienced rapid urbanization, leading to smaller living spaces and an increased demand for space-efficient and modern kitchen solutions.

Recent Strategies Deployed in the Market
  • Feb-2024: TTK Prestige Limited introduced the "Ceraglide Ceramic Cookware range". The cookware collection comprises a diverse range of items, including the Saucepan with a glass lid, Fry Pan, Wok, Omni Tawa, Casserole with a glass lid, and Deep Kadai with a glass lid.
  • Feb-2024: Whirlpool Corporation came into partnership with BORA, an appliance manufacturing company. Through this partnership, Whirlpool Corporation would elevate its JennAir and KitchenAid appliances by introducing innovative induction downdraft technology.
  • Sep-2022: Groupe SEB introduced "Recycle with Tefal Cookware". The product provides a sustainable and eco-friendly option for consumers, ensuring both cooking excellence and durability while promoting environmental responsibility.
  • May-2021: Meyer Corporation, U.S. introduced "Anolon®X cookware". This product is designed to enhance the flavor profile of every culinary creation.
  • Jul-2020: Groupe SEB took over StoreBound, an appliance, electrical, and electronics manufacturing company. Through this acquisition, Groupe SEB would enhance its products and market portfolio.
List of Key Companies Profiled
  • Groupe SEB
  • Meyer Corporation, U.S. (Meyer Manufacturing Co. Ltd.)
  • Le Creuset France SAS
  • Newell Brands, Inc.
  • Whirlpool Corporation
  • Robert Bosch GmbH
  • TTK Prestige Limited
  • Wilh. Werhahn KG
  • Fissler GmbH
  • Tramontina
Global Induction Cookware Market Report Segmentation

By Application (Volume, Thousand Units, USD Billion, 2019-2030)
  • Residential
  • Commercial
By Product (Volume, Thousand Units, USD Billion, 2019-2030)
  • Pans
  • Pots
  • Others
By Material (Volume, Thousand Units, USD Billion, 2019-2030)
  • Stainless Steel
  • Cast Iron
  • Carbon Steel
  • Others
By Distribution Channel (Volume, Thousand Units, USD Billion, 2019-2030)
  • Supermarkets/Hypermarkets
  • Specialty Stores
  • Online
  • Others
By Geography (Volume, Thousand Units, USD Billion, 2019-2030)
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Induction Cookware Market, by Application
1.4.2 Global Induction Cookware Market, by Product
1.4.3 Global Induction Cookware Market, by Material
1.4.4 Global Induction Cookware Market, by Distribution Channel
1.4.5 Global Induction Cookware Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Global Induction Cookware Market by Application
4.1 Global Residential Market by Region
4.2 Global Commercial Market by Region
Chapter 5. Global Induction Cookware Market by Product
5.1 Global Pans Market by Region
5.2 Global Pots Market by Region
5.3 Global Others Market by Region
Chapter 6. Global Induction Cookware Market by Material
6.1 Global Stainless Steel Market by Region
6.2 Global Cast Iron Market by Region
6.3 Global Carbon Steel Market by Region
6.4 Global Others Market by Region
Chapter 7. Global Induction Cookware Market by Distribution Channel
7.1 Global Supermarkets/Hypermarkets Market by Region
7.2 Global Specialty Stores Market by Region
7.3 Global Online Market by Region
7.4 Global Others Market by Region
Chapter 8. Global Induction Cookware Market by Region
8.1 North America Induction Cookware Market
8.1.1 North America Induction Cookware Market by Application
8.1.1.1 North America Residential Market by Region
8.1.1.2 North America Commercial Market by Region
8.1.2 North America Induction Cookware Market by Product
8.1.2.1 North America Pans Market by Country
8.1.2.2 North America Pots Market by Country
8.1.2.3 North America Others Market by Country
8.1.3 North America Induction Cookware Market by Material
8.1.3.1 North America Stainless Steel Market by Country
8.1.3.2 North America Cast Iron Market by Country
8.1.3.3 North America Carbon Steel Market by Country
8.1.3.4 North America Others Market by Country
8.1.4 North America Induction Cookware Market by Distribution Channel
8.1.4.1 North America Supermarkets/Hypermarkets Market by Country
8.1.4.2 North America Specialty Stores Market by Country
8.1.4.3 North America Online Market by Country
8.1.4.4 North America Others Market by Country
8.1.5 North America Induction Cookware Market by Country
8.1.5.1 US Induction Cookware Market
8.1.5.1.1 US Induction Cookware Market by Application
8.1.5.1.2 US Induction Cookware Market by Product
8.1.5.1.3 US Induction Cookware Market by Material
8.1.5.1.4 US Induction Cookware Market by Distribution Channel
8.1.5.2 Canada Induction Cookware Market
8.1.5.2.1 Canada Induction Cookware Market by Application
8.1.5.2.2 Canada Induction Cookware Market by Product
8.1.5.2.3 Canada Induction Cookware Market by Material
8.1.5.2.4 Canada Induction Cookware Market by Distribution Channel
8.1.5.3 Mexico Induction Cookware Market
8.1.5.3.1 Mexico Induction Cookware Market by Application
8.1.5.3.2 Mexico Induction Cookware Market by Product
8.1.5.3.3 Mexico Induction Cookware Market by Material
8.1.5.3.4 Mexico Induction Cookware Market by Distribution Channel
8.1.5.4 Rest of North America Induction Cookware Market
8.1.5.4.1 Rest of North America Induction Cookware Market by Application
8.1.5.4.2 Rest of North America Induction Cookware Market by Product
8.1.5.4.3 Rest of North America Induction Cookware Market by Material
8.1.5.4.4 Rest of North America Induction Cookware Market by Distribution Channel
8.2 Europe Induction Cookware Market
8.2.1 Europe Induction Cookware Market by Application
8.2.1.1 Europe Residential Market by Country
8.2.1.2 Europe Commercial Market by Country
8.2.2 Europe Induction Cookware Market by Product
8.2.2.1 Europe Pans Market by Country
8.2.2.2 Europe Pots Market by Country
8.2.2.3 Europe Others Market by Country
8.2.3 Europe Induction Cookware Market by Material
8.2.3.1 Europe Stainless Steel Market by Country
8.2.3.2 Europe Cast Iron Market by Country
8.2.3.3 Europe Carbon Steel Market by Country
8.2.3.4 Europe Others Market by Country
8.2.4 Europe Induction Cookware Market by Distribution Channel
8.2.4.1 Europe Supermarkets/Hypermarkets Market by Country
8.2.4.2 Europe Specialty Stores Market by Country
8.2.4.3 Europe Online Market by Country
8.2.4.4 Europe Others Market by Country
8.2.5 Europe Induction Cookware Market by Country
8.2.5.1 Germany Induction Cookware Market
8.2.5.1.1 Germany Induction Cookware Market by Application
8.2.5.1.2 Germany Induction Cookware Market by Product
8.2.5.1.3 Germany Induction Cookware Market by Material
8.2.5.1.4 Germany Induction Cookware Market by Distribution Channel
8.2.5.2 UK Induction Cookware Market
8.2.5.2.1 UK Induction Cookware Market by Application
8.2.5.2.2 UK Induction Cookware Market by Product
8.2.5.2.3 UK Induction Cookware Market by Material
8.2.5.2.4 UK Induction Cookware Market by Distribution Channel
8.2.5.3 France Induction Cookware Market
8.2.5.3.1 France Induction Cookware Market by Application
8.2.5.3.2 France Induction Cookware Market by Product
8.2.5.3.3 France Induction Cookware Market by Material
8.2.5.3.4 France Induction Cookware Market by Distribution Channel
8.2.5.4 Russia Induction Cookware Market
8.2.5.4.1 Russia Induction Cookware Market by Application
8.2.5.4.2 Russia Induction Cookware Market by Product
8.2.5.4.3 Russia Induction Cookware Market by Material
8.2.5.4.4 Russia Induction Cookware Market by Distribution Channel
8.2.5.5 Spain Induction Cookware Market
8.2.5.5.1 Spain Induction Cookware Market by Application
8.2.5.5.2 Spain Induction Cookware Market by Product
8.2.5.5.3 Spain Induction Cookware Market by Material
8.2.5.5.4 Spain Induction Cookware Market by Distribution Channel
8.2.5.6 Italy Induction Cookware Market
8.2.5.6.1 Italy Induction Cookware Market by Application
8.2.5.6.2 Italy Induction Cookware Market by Product
8.2.5.6.3 Italy Induction Cookware Market by Material
8.2.5.6.4 Italy Induction Cookware Market by Distribution Channel
8.2.5.7 Rest of Europe Induction Cookware Market
8.2.5.7.1 Rest of Europe Induction Cookware Market by Application
8.2.5.7.2 Rest of Europe Induction Cookware Market by Product
8.2.5.7.3 Rest of Europe Induction Cookware Market by Material
8.2.5.7.4 Rest of Europe Induction Cookware Market by Distribution Channel
8.3 Asia Pacific Induction Cookware Market
8.3.1 Asia Pacific Induction Cookware Market by Application
8.3.1.1 Asia Pacific Residential Market by Country
8.3.1.2 Asia Pacific Commercial Market by Country
8.3.2 Asia Pacific Induction Cookware Market by Product
8.3.2.1 Asia Pacific Pans Market by Country
8.3.2.2 Asia Pacific Pots Market by Country
8.3.2.3 Asia Pacific Others Market by Country
8.3.3 Asia Pacific Induction Cookware Market by Material
8.3.3.1 Asia Pacific Stainless Steel Market by Country
8.3.3.2 Asia Pacific Cast Iron Market by Country
8.3.3.3 Asia Pacific Carbon Steel Market by Country
8.3.3.4 Asia Pacific Others Market by Country
8.3.4 Asia Pacific Induction Cookware Market by Distribution Channel
8.3.4.1 Asia Pacific Supermarkets/Hypermarkets Market by Country
8.3.4.2 Asia Pacific Specialty Stores Market by Country
8.3.4.3 Asia Pacific Online Market by Country
8.3.4.4 Asia Pacific Others Market by Country
8.3.5 Asia Pacific Induction Cookware Market by Country
8.3.5.1 China Induction Cookware Market
8.3.5.1.1 China Induction Cookware Market by Application
8.3.5.1.2 China Induction Cookware Market by Product
8.3.5.1.3 China Induction Cookware Market by Material
8.3.5.1.4 China Induction Cookware Market by Distribution Channel
8.3.5.2 Japan Induction Cookware Market
8.3.5.2.1 Japan Induction Cookware Market by Application
8.3.5.2.2 Japan Induction Cookware Market by Product
8.3.5.2.3 Japan Induction Cookware Market by Material
8.3.5.2.4 Japan Induction Cookware Market by Distribution Channel
8.3.5.3 India Induction Cookware Market
8.3.5.3.1 India Induction Cookware Market by Application
8.3.5.3.2 India Induction Cookware Market by Product
8.3.5.3.3 India Induction Cookware Market by Material
8.3.5.3.4 India Induction Cookware Market by Distribution Channel
8.3.5.4 South Korea Induction Cookware Market
8.3.5.4.1 South Korea Induction Cookware Market by Application
8.3.5.4.2 South Korea Induction Cookware Market by Product
8.3.5.4.3 South Korea Induction Cookware Market by Material
8.3.5.4.4 South Korea Induction Cookware Market by Distribution Channel
8.3.5.5 Australia Induction Cookware Market
8.3.5.5.1 Australia Induction Cookware Market by Application
8.3.5.5.2 Australia Induction Cookware Market by Product
8.3.5.5.3 Australia Induction Cookware Market by Material
8.3.5.5.4 Australia Induction Cookware Market by Distribution Channel
8.3.5.6 Malaysia Induction Cookware Market
8.3.5.6.1 Malaysia Induction Cookware Market by Application
8.3.5.6.2 Malaysia Induction Cookware Market by Product
8.3.5.6.3 Malaysia Induction Cookware Market by Material
8.3.5.6.4 Malaysia Induction Cookware Market by Distribution Channel
8.3.5.7 Rest of Asia Pacific Induction Cookware Market
8.3.5.7.1 Rest of Asia Pacific Induction Cookware Market by Application
8.3.5.7.2 Rest of Asia Pacific Induction Cookware Market by Product
8.3.5.7.3 Rest of Asia Pacific Induction Cookware Market by Material
8.3.5.7.4 Rest of Asia Pacific Induction Cookware Market by Distribution Channel
8.4 LAMEA Induction Cookware Market
8.4.1 LAMEA Induction Cookware Market by Application
8.4.1.1 LAMEA Residential Market by Country
8.4.1.2 LAMEA Commercial Market by Country
8.4.2 LAMEA Induction Cookware Market by Product
8.4.2.1 LAMEA Pans Market by Country
8.4.2.2 LAMEA Pots Market by Country
8.4.2.3 LAMEA Others Market by Country
8.4.3 LAMEA Induction Cookware Market by Material
8.4.3.1 LAMEA Stainless Steel Market by Country
8.4.3.2 LAMEA Cast Iron Market by Country
8.4.3.3 LAMEA Carbon Steel Market by Country
8.4.3.4 LAMEA Others Market by Country
8.4.4 LAMEA Induction Cookware Market by Distribution Channel
8.4.4.1 LAMEA Supermarkets/Hypermarkets Market by Country
8.4.4.2 LAMEA Specialty Stores Market by Country
8.4.4.3 LAMEA Online Market by Country
8.4.4.4 LAMEA Others Market by Country
8.4.5 LAMEA Induction Cookware Market by Country
8.4.5.1 Brazil Induction Cookware Market
8.4.5.1.1 Brazil Induction Cookware Market by Application
8.4.5.1.2 Brazil Induction Cookware Market by Product
8.4.5.1.3 Brazil Induction Cookware Market by Material
8.4.5.1.4 Brazil Induction Cookware Market by Distribution Channel
8.4.5.2 Argentina Induction Cookware Market
8.4.5.2.1 Argentina Induction Cookware Market by Application
8.4.5.2.2 Argentina Induction Cookware Market by Product
8.4.5.2.3 Argentina Induction Cookware Market by Material
8.4.5.2.4 Argentina Induction Cookware Market by Distribution Channel
8.4.5.3 UAE Induction Cookware Market
8.4.5.3.1 UAE Induction Cookware Market by Application
8.4.5.3.2 UAE Induction Cookware Market by Product
8.4.5.3.3 UAE Induction Cookware Market by Material
8.4.5.3.4 UAE Induction Cookware Market by Distribution Channel
8.4.5.4 Saudi Arabia Induction Cookware Market
8.4.5.4.1 Saudi Arabia Induction Cookware Market by Application
8.4.5.4.2 Saudi Arabia Induction Cookware Market by Product
8.4.5.4.3 Saudi Arabia Induction Cookware Market by Material
8.4.5.4.4 Saudi Arabia Induction Cookware Market by Distribution Channel
8.4.5.5 South Africa Induction Cookware Market
8.4.5.5.1 South Africa Induction Cookware Market by Application
8.4.5.5.2 South Africa Induction Cookware Market by Product
8.4.5.5.3 South Africa Induction Cookware Market by Material
8.4.5.5.4 South Africa Induction Cookware Market by Distribution Channel
8.4.5.6 Nigeria Induction Cookware Market
8.4.5.6.1 Nigeria Induction Cookware Market by Application
8.4.5.6.2 Nigeria Induction Cookware Market by Product
8.4.5.6.3 Nigeria Induction Cookware Market by Material
8.4.5.6.4 Nigeria Induction Cookware Market by Distribution Channel
8.4.5.7 Rest of LAMEA Induction Cookware Market
8.4.5.7.1 Rest of LAMEA Induction Cookware Market by Application
8.4.5.7.2 Rest of LAMEA Induction Cookware Market by Product
8.4.5.7.3 Rest of LAMEA Induction Cookware Market by Material
8.4.5.7.4 Rest of LAMEA Induction Cookware Market by Distribution Channel
Chapter 9. Company Profiles
9.1 Groupe SEB
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Meyer Corporation, U.S. (Meyer Manufacturing Co. Ltd.)
9.2.1 Company Overview
9.2.2 Recent strategies and developments:
9.2.2.1 Product Launches and Product Expansions:
9.2.3 SWOT Analysis
9.3 Le Creuset France SAS
9.3.1 Company Overview
9.3.2 SWOT Analysis
9.4 Newell Brands, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 SWOT Analysis
9.5 Whirlpool Corporation
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.6 SWOT Analysis
9.6 Robert Bosch GmbH
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 SWOT Analysis
9.7 TTK Prestige Limited
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.6 SWOT Analysis
9.8 Wilh. Werhahn KG
9.8.1 Company Overview
9.8.2 Financial Analysis
9.9 Fissler GmbH
9.9.1 Company Overview
9.10. Tramontina
9.10.1 Company Overview
Chapter 10. Winning Imperatives of Induction Cookware Market

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