The Asia Pacific Nonstick Cookware Market is expected to witness market growth of 7.1% CAGR during the forecast period (2021-2027).
Nonstick cookware is a set of utensils that have a nonstick coating to minimize the risk of getting overcooked or burned. In addition, nonstick cookware consists of a non-stick coating of different materials that do not allow the food stick on the base of the cookware. Non-stick generally refers to coated surfaces with polytetrafluoroethylene (PTFE), including Teflon. At present, some additional coatings are marketed as non-stick like Anodized Aluminum coated, Teflon coated, enameled iron coated, Ceramic Coating, and others.
The increasing preference for self-cooked meals is driving the growth of the nonstick cookware market. There are numerous individuals who consider the consumption of immunity-boosting foods items as an important part of building a better immune system. The swift expansion in commercial construction activities, especially in emerging nations like China and India, is surging the number of eateries, restaurants, and food joints, which is expected to augment the growth of the nonstick cookware market. The consumption of meals away from home is increasing owing to the growing working population across the world, which is expected to spur the growth of the nonstick cookware market.
People across this region are eager to try out different food items, which is creating lucrative opportunities for the commercial food joints and restaurants that is expected to further boost the demand for nonstick cookware in the region. In addition, the rising disposable income of the customers is one of the major factors bolstering the growth of the regional nonstick cookware market. The entrance of numerous market players in the region is surging the overall growth of the regional market.
Some nations of this region are worst-hit nations by the COVID-19 pandemic, which has created awareness among people about the importance of maintaining a healthy lifestyle and food habits, and thus, customers are increasingly inclining towards the cooking at home culture. Due to this trend, the demand for nonstick cookware is expected to augment in this region during the forecast period.
The China market dominated the Asia Pacific Aluminum Coated Market by Country in 2020, thereby, achieving a market value of $365.1 Million by 2027. The Japan market is showcasing a CAGR of 8.5% during (2021 - 2027). Additionally, The India market is poised to grow at a CAGR of 8.6% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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.
Scope of the Study
Market Segments Covered in the Report:
By Raw Material
- Teflon Coated
- Aluminum Coated
- Enameled Iron Coated
- Ceramic Coated,
- Other Raw Materials
By Distribution Channel
- Supermarkets & Hypermarkets
- Convenience Stores
- Specialty Stores
- Other channels
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- 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.
- Hawkins Cookers
Unique Offerings from the Publisher
- Exhaustive coverage
- The highest number of market tables and figures
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Table of Contents
Companies Mentioned
- 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.
- Hawkins Cookers
Methodology
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