Non-Stick Cookware Market 2020-2027: Industry Size, Share, Growth Drivers, Opportunities, Development Factors, Regional Analysis And In-depth Analysis of Industry Players

Allied Market Research published a new report, titled, " Non-Stick Cookware Market " The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

An increasing number of nuclear families and a rising number of individual migrants to urban cities or in any other corner of the world has led to an increased demand for the cookware for their kitchens. Along with this, rising income, increasing disposable income, rising spending capacity, preference for advanced cookware, supports the global market growth for the non-stick cookware market.

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Additionally, males, females, and even children these days are inclining towards trying new dishes, driving the growth of the non-stick cookware market. Also a shifting preference towards easy-to-clean nonstick products, rising number of fast-food giants, the ability of non-stick cookware to withstand very high temperature, and rising popularity of the ceramic coated non-stick cookware are few other factors that surge the global market growth for the non-stick cookware.

However, the high price of the non-stick cookware and availability of indigenous options such as aluminum and stainless steel at a lower cost and higher durability feature hampers the market growth for this product. Another major threat to the non-stick cookware market is that some non-stick cookware releases hazardous chemicals on heating leading to serious health issues.

However, increasing investment in research & development, developing and launching a new product, and aggressive marketing strategies create revenue opportunities for the players operating in the non-stick cookware market. For instance, ScanPan Inc., a US-based cookware manufacturing company, in 2001, launched a ceramic-based titanium nonstick cookware, which is easy to use and wash and does not contain any harmful metals or chemicals.

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COVID-19 Scenario Analysis:

• As a result of the ongoing pandemic crisis, the overall performance of the cookware industry has dropped.
• The disruption of the supply chain has affected the manufacturing and distribution process.
• Pay reduction has been implemented for the factory workers.
• Stay at home orders has stopped the people from going outside, for purchasing such products.
• Although, the e-commerce business is expected to have a positive influence on sales in the ongoing pandemic situation and the future.
• Hotels, restaurants, fast food retails drove the cookware market, but due to the prevailing lockdown situation, the demand for cookware has been put on halt.

The key market players profiled in the report include Berndes, Circulon, TTK Prestige Limited, Gibson Brands Inc., Scanpan, Moneta Cookware, NuWave LLC, Hawkins Cookers Limited, Bradshaw International Inc., Le Creuset, Cuisinart, Regal Ware Inc., The Cookware Company, Cooker King, Newell Brands, and Cook N Home.

Regional Analysis - North America (U.S., Canadaand Mexico), Europe (Germany, UK, France, Italy, Spain and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, Malaysia, Thailand, Indonesia, and the Rest of Asia-Pacific), LAMEA (Middle East, Brazil, and the Rest of LAMEA)

Key Segments Covered:

Material
• Teflon Coated
• Aluminum Coated
• Enameled Iron Coated
• Ceramic Coating
• Others

Application
• Residential
• Commercial

Distribution Channel
• Supermarkets & Hypermarkets
• Convenience Stores
• Specialty Stores
• Online Retail

Key Benefits of the Report:

○ This study presents the analytical depiction of the global non-stick cookware industry along with the current trends and future estimations to determine the imminent investment pockets.
○ The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global non-stick cookware market share.
○ The current market is quantitatively analyzed from 2020 to 2027 to highlight the global non-stick cookware market growth scenario.
○ Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
○ The report provides a detailed global non-stick cookware market analysis based on competitive intensity and how the competition will take shape in coming years.

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