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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Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
3.7. Pricing Analysis
3.8. Value Chain Analysis
3.9. Market Share Analysis
CHAPTER 4: OVENWARE MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Baking Sheet
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Loaf Pan
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Cake Pans
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Muffin Pan
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
4.6 Pizza Pan
4.6.1 Key market trends, growth factors and opportunities
4.6.2 Market size and forecast, by region
4.6.3 Market analysis by country
4.7 Others
4.7.1 Key market trends, growth factors and opportunities
4.7.2 Market size and forecast, by region
4.7.3 Market analysis by country
CHAPTER 5: OVENWARE MARKET, BY MATERIAL
5.1 Overview
5.1.1 Market size and forecast
5.2 Stainless Steel
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Copper
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Aluminium
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
5.5 Plastics and Non-Stick coatings
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis by country
CHAPTER 6: OVENWARE MARKET, BY END-USERS
6.1 Overview
6.1.1 Market size and forecast
6.2 Commercial
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Households
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
CHAPTER 7: OVENWARE MARKET, BY DISTRIBUTION CHANNEL
7.1 Overview
7.1.1 Market size and forecast
7.2 Offline
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.2.4 Offline Ovenware Market by Sub Type
7.2.4.1 Hypermarket and Supermarket Market size and forecast, by region
7.2.4.2 Convenience Stores Market size and forecast, by region
7.2.4.3 Others Market size and forecast, by region
7.3 Online
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country
CHAPTER 8: OVENWARE MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Type
8.2.3 North America Market size and forecast, by Material
8.2.4 North America Market size and forecast, by End-Users
8.2.5 North America Market size and forecast, by Distribution Channel
8.2.5.1 North America Offline Ovenware Market by Sub Type
8.2.6 North America Market size and forecast, by country
8.2.6.1 U. S.
8.2.6.1.1 Market size and forecast, by Type
8.2.6.1.2 Market size and forecast, by Material
8.2.6.1.3 Market size and forecast, by End-Users
8.2.6.1.4 Market size and forecast, by Distribution Channel
8.2.6.2 Canada
8.2.6.2.1 Market size and forecast, by Type
8.2.6.2.2 Market size and forecast, by Material
8.2.6.2.3 Market size and forecast, by End-Users
8.2.6.2.4 Market size and forecast, by Distribution Channel
8.2.6.3 Mexico
8.2.6.3.1 Market size and forecast, by Type
8.2.6.3.2 Market size and forecast, by Material
8.2.6.3.3 Market size and forecast, by End-Users
8.2.6.3.4 Market size and forecast, by Distribution Channel
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Type
8.3.3 Europe Market size and forecast, by Material
8.3.4 Europe Market size and forecast, by End-Users
8.3.5 Europe Market size and forecast, by Distribution Channel
8.3.5.1 Europe Offline Ovenware Market by Sub Type
8.3.6 Europe Market size and forecast, by country
8.3.6.1 UK
8.3.6.1.1 Market size and forecast, by Type
8.3.6.1.2 Market size and forecast, by Material
8.3.6.1.3 Market size and forecast, by End-Users
8.3.6.1.4 Market size and forecast, by Distribution Channel
8.3.6.2 France
8.3.6.2.1 Market size and forecast, by Type
8.3.6.2.2 Market size and forecast, by Material
8.3.6.2.3 Market size and forecast, by End-Users
8.3.6.2.4 Market size and forecast, by Distribution Channel
8.3.6.3 Germany
8.3.6.3.1 Market size and forecast, by Type
8.3.6.3.2 Market size and forecast, by Material
8.3.6.3.3 Market size and forecast, by End-Users
8.3.6.3.4 Market size and forecast, by Distribution Channel
8.3.6.4 Italy
8.3.6.4.1 Market size and forecast, by Type
8.3.6.4.2 Market size and forecast, by Material
8.3.6.4.3 Market size and forecast, by End-Users
8.3.6.4.4 Market size and forecast, by Distribution Channel
8.3.6.5 Rest of Europe
8.3.6.5.1 Market size and forecast, by Type
8.3.6.5.2 Market size and forecast, by Material
8.3.6.5.3 Market size and forecast, by End-Users
8.3.6.5.4 Market size and forecast, by Distribution Channel
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Type
8.4.3 Asia-Pacific Market size and forecast, by Material
8.4.4 Asia-Pacific Market size and forecast, by End-Users
8.4.5 Asia-Pacific Market size and forecast, by Distribution Channel
8.4.5.1 Asia-Pacific Offline Ovenware Market by Sub Type
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Market size and forecast, by Type
8.4.6.1.2 Market size and forecast, by Material
8.4.6.1.3 Market size and forecast, by End-Users
8.4.6.1.4 Market size and forecast, by Distribution Channel
8.4.6.2 Japan
8.4.6.2.1 Market size and forecast, by Type
8.4.6.2.2 Market size and forecast, by Material
8.4.6.2.3 Market size and forecast, by End-Users
8.4.6.2.4 Market size and forecast, by Distribution Channel
8.4.6.3 India
8.4.6.3.1 Market size and forecast, by Type
8.4.6.3.2 Market size and forecast, by Material
8.4.6.3.3 Market size and forecast, by End-Users
8.4.6.3.4 Market size and forecast, by Distribution Channel
8.4.6.4 Australia
8.4.6.4.1 Market size and forecast, by Type
8.4.6.4.2 Market size and forecast, by Material
8.4.6.4.3 Market size and forecast, by End-Users
8.4.6.4.4 Market size and forecast, by Distribution Channel
8.4.6.5 South Korea
8.4.6.5.1 Market size and forecast, by Type
8.4.6.5.2 Market size and forecast, by Material
8.4.6.5.3 Market size and forecast, by End-Users
8.4.6.5.4 Market size and forecast, by Distribution Channel
8.4.6.6 Rest of Asia-Pacific
8.4.6.6.1 Market size and forecast, by Type
8.4.6.6.2 Market size and forecast, by Material
8.4.6.6.3 Market size and forecast, by End-Users
8.4.6.6.4 Market size and forecast, by Distribution Channel
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Type
8.5.3 LAMEA Market size and forecast, by Material
8.5.4 LAMEA Market size and forecast, by End-Users
8.5.5 LAMEA Market size and forecast, by Distribution Channel
8.5.5.1 LAMEA Offline Ovenware Market by Sub Type
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Brazil
8.5.6.1.1 Market size and forecast, by Type
8.5.6.1.2 Market size and forecast, by Material
8.5.6.1.3 Market size and forecast, by End-Users
8.5.6.1.4 Market size and forecast, by Distribution Channel
8.5.6.2 Argentina
8.5.6.2.1 Market size and forecast, by Type
8.5.6.2.2 Market size and forecast, by Material
8.5.6.2.3 Market size and forecast, by End-Users
8.5.6.2.4 Market size and forecast, by Distribution Channel
8.5.6.3 Saudi Arabia
8.5.6.3.1 Market size and forecast, by Type
8.5.6.3.2 Market size and forecast, by Material
8.5.6.3.3 Market size and forecast, by End-Users
8.5.6.3.4 Market size and forecast, by Distribution Channel
8.5.6.4 Rest of LAMEA
8.5.6.4.1 Market size and forecast, by Type
8.5.6.4.2 Market size and forecast, by Material
8.5.6.4.3 Market size and forecast, by End-Users
8.5.6.4.4 Market size and forecast, by Distribution Channel
CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments
CHAPTER 10: COMPANY PROFILES
10.1 Fissler GmbH
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
10.2 Groupe SEB
10.2.1 Company overview
10.2.2 Company snapshot
10.2.3 Operating business segments
10.2.4 Product portfolio
10.2.5 Business performance
10.2.6 Key strategic moves and developments
10.3 Meyer Corporation,
10.3.1 Company overview
10.3.2 Company snapshot
10.3.3 Operating business segments
10.3.4 Product portfolio
10.3.5 Business performance
10.3.6 Key strategic moves and developments
10.4 Motiba Silicone Pvt Ltd.
10.4.1 Company overview
10.4.2 Company snapshot
10.4.3 Operating business segments
10.4.4 Product portfolio
10.4.5 Business performance
10.4.6 Key strategic moves and developments
10.5 nordic ware
10.5.1 Company overview
10.5.2 Company snapshot
10.5.3 Operating business segments
10.5.4 Product portfolio
10.5.5 Business performance
10.5.6 Key strategic moves and developments
10.6 The Vollrath Company, LLC.
10.6.1 Company overview
10.6.2 Company snapshot
10.6.3 Operating business segments
10.6.4 Product portfolio
10.6.5 Business performance
10.6.6 Key strategic moves and developments
10.7 Tramontina
10.7.1 Company overview
10.7.2 Company snapshot
10.7.3 Operating business segments
10.7.4 Product portfolio
10.7.5 Business performance
10.7.6 Key strategic moves and developments
10.8 usa pan
10.8.1 Company overview
10.8.2 Company snapshot
10.8.3 Operating business segments
10.8.4 Product portfolio
10.8.5 Business performance
10.8.6 Key strategic moves and developments
10.9 Vinod Cookware
10.9.1 Company overview
10.9.2 Company snapshot
10.9.3 Operating business segments
10.9.4 Product portfolio
10.9.5 Business performance
10.9.6 Key strategic moves and developments
10.10 Wilh. Werhahn KG
10.10.1 Company overview
10.10.2 Company snapshot
10.10.3 Operating business segments
10.10.4 Product portfolio
10.10.5 Business performance
10.10.6 Key strategic moves and developments
Executive Summary
According to this report, titled, 'Ovenware Market' was valued at $1.1 billion in 2021, and is estimated to reach $2 billion by 2031, growing at a CAGR of 6.7% from 2022 to 2031. Ovenware is used for cooking food in an oven and serving it. It is very popular in almost every region of the world and is used by consumers above the age of 15. Stainless steel, copper, aluminium, plastics and non-stick coatings are used to manufacture ovenware. There are various types of ovenware, such as baking sheets, loaf pans, cake pans, muffin pans, and pizza pans. Each and every ovenware comes in various sizes, and consumers can choose according to their requirements.The massive popularity of baking as a hobby has had a major impact on the growth of the ovenware industry. This led to an increase in sales of ovenware as many consumers participate in baking as a recreational activity, and some consumers actively choose baking as their future profession. The purchase of multiple ovenwares by household and commercial consumers also significantly contributes toward the growth of the ovenware market.
An increase in the number of hotels, restaurants, food chains, and others boosts the ovenware market demand. There is an increase in the number of commercial bakeries. Along with this increase in the adoption of baking as a hobby also have a significant impact on ovenware demand since there is a huge increase in the number of people who are adopting baking as a hobby. There are many reasons why people are adopting baking as a hobby, such as it increases creativity and is a great form of meditation. Due to the pandemic, people started baking as a trend. However, it has now become a long-lasting hobby for them. According to the Australian Institute of Family Studies (AIFS), 46% of the population in Australia is most likely to spend more time baking or doing art and craft, which is expected to boost the market demand. Hence, such factors propel the market growth.
Furthermore, an increase in the female workforce also acts as an ovenware market trend since there has been a rapid increase in the female workforce globally. Since females have to go to jobs, they do not have much time to prepare food in the morning, so they make it at night and heat it in the morning with the help of an oven. Oven and ovenware have been a helping hand for women as they save a lot of effort put by them into making food. As per a report by the World Bank in five of the seven regions, more than half of all women (ages 15-64) participate in the labour market. However, in South Asia, the Middle East, and North Africa only a quarter or less do. Hence, such factors propel the market growth since both partners’ working will lead to a reduction in the cooking time which will increase the demand for the ovenware market.
The rising tour and travel industry is expected to create an opportunity for the ovenware market growth since the tour and travel industry is growing at a rapid pace, and there has been growth in demand for ovenware. With an increase in the tour and travel industry, the hospitality industry is also recovering as they both go hand-in-hand. This is expected to provide great opportunities for the ovenware market. As per a report by the Ministry of Tourism of the Government of India, there have been 8,56,337 foreign tourists in the first 10 months of 2021. Hence, such factors are anticipated to propel the ovenware market size.
Ban on plastic use and the rise in the trend of dining out restricts the growth of the dishes and, subsequently the ovenware market in all regions. However, efforts taken by manufacturers of such products try to improve their products and make them as environmentally friendly as they can.
In 2021, the commercial segment was the leading revenue contributor in the ovenware market regarding end users. The primary reason for this is the huge number of restaurants, hotels, and food chains. However, the household segment is predicted to have the highest growth, owing to the increased adoption of baking as a hobby and the increased female workforce. The ovenware market is segmented based on type, material, 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, plastics, and nonstick coatings. Depending on end users, the market is categorized into commercial and household. According to the distribution channels used for the sale of ovenware, the market is segmented into offline and online channels of sale.
The stainless steel segment accounted for most of the ovenware market share and is predicted to have steady growth during the forecast period as it is the most commonly used material for ovenware. Offline sales channels were the most popular mode of purchase of ovenwares in 2021. However, sales of ovenwares through online sales channels is expected to grow in the future, owing to ease of purchase and larger varieties of ovenwares available online. North America was the largest producer of ovenware sales in the base year, owing to the extreme popularity of ovenware and a large number of ovens present in the region, especially in the U.S., which has more than 90% of households have ovens with them. Europe was the second largest in terms of market share, while Asia-Pacific is expected to have the highest growth rate by the end of the forecast period.
Players operating in the ovenware market have adopted various developmental strategies to increase their market share, gain profitability, and remain competitive. Key players operating in the Ovenware Market include- 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.
Companies Mentioned
- Fissler GmbH
- Groupe Seb
- Meyer Corporation
- Motiba Silicone Pvt Ltd.
- Nordic Ware
- the Vollrath Company, LLC.
- Tramontina
- Usa Pan
- Vinod Cookware
- Wilh. Werhahn KG
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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