Nonstick Cookware Market : Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2027

The products and solutions offered by the players and manufacturers in the global nonstick cookware market are cooking utensils especially designed to reduce the risk of food items sticking to the cookware. The products in the global nonstick cookware market are considered to be the primary and one of the most common applications of non-stick coating surface engineering technology. According to the latest research report on the global nonstick cookware market by the Transparency Market Research, the market is set to expand at a significant growth rate of 4.1 % over the forecast period of 2019 to 2027. The research report also predicts that the global nonstick cookware market will rise from its recent evaluation of US$ 199.6 billion in 2018 and hit the evaluation mark of US$ 28.1 billion by the end of the forecast period i.e. 2027.

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The segments within the global nonstick cookware market, based on the material include anodized aluminum coated, ceramic coating, Teflon coated, and enamelled iron coated, among others. Non-stick is usually the moniker designated to surfaces coated with polytetrafluoroethylene or PTFE, also known by a more common and popular brand name of 'Teflon'. With developments in surface engineering technologies, other materials have been used for the production of the products in the global nonstick cookware market as well. Various benefits offered by the Teflon or PTFE coated cookware, such as solidness, flameproof, high heat resistance, and hydrophobic properties are bolstering the adoption of the products in the global nonstick cookware market.

The increasing expenditure on home repairing or remodelling as well as the rising adoption and consumer preference for modular kitchens is positively influencing the demand dynamics within the global nonstick cookware market. Furthermore, rising popularity of cooking at home owing to increased trend of healthy and clean eating is also driving the demand within the global nonstick cookware market. This trend was particularly noticed during the pandemic created by the outbreak of novel coronavirus, which made difficult for people to get cooked food from outside and saw the increase in the concerns in the individuals about risk of virus transmission through cooked food products by someone else.

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Furthermore, the increasing culture of house parties in various western countries is also resulting in increased adoption of various new and innovative cookware solutions, positively affecting the development within the global nonstick cookware market. Additionally, constantly evolving consumer demands as well as intense competition in the industry is obligating the players and manufacturers within the global nonstick cookware market to constantly innovate their product offerings and boost their expenditure aimed at research and development for new products. Moreover, rising demand for various commercial applications, such as hotels, food stations, public eateries, food trucks, restaurants, cafes, and resorts is also expected to bolster the development trajectory of the global nonstick cookware market in the next few years.

Online Distribution Segment Records High Growth Rate in Nonstick Cookware Market
Distribution channels for the products in the global nonstick cookware market are online distribution channels and offline distribution channels. Increasing consumer preference for online purchases through various e-commerce platforms, owing to lack of time to go out and purchase the products from physical stores is supplementing the development of the online distribution channels in the global nonstick cookware market. Furthermore, option of choosing from a wide range of nonstick cookware, made from various materials and available in various sizes and colours is also supplementing the growth of online channels in global nonstick cookware market.

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Asia Pacific to Showcase Promising Growth in Nonstick Cookware Market in Near Future
Geographically, the global nonstick cookware market can be segmented into various regions as well as nations, including Europe (including Germany, the United Kingdom, France, and rest of the Europe), Middle East and Africa (including South Africa, the United Arab Emirates, and rest of the Middle East and Africa), North America (including the United States, Canada, and rest of the North America), Asia Pacific (including China, India, Japan, and rest of the Asia Pacific), and South America (including Brazil and rest of the South America). Among these, the Asia Pacific region is likely to showcase excellent growth within the global nonstick cookware market in near future.

In the past, the Europe region dominated the global nonstick cookware market and it is anticipated to continue to develop at a substantial rate over the forecast period. Another lucrative region for the global nonstick cookware market is North America. Some of the major drivers for the development of the global nonstick cookware market in North America include inreaisng demand from the regional population for innovative and safe cookware solutions. Furthermore, developing and enhancing lifestyle of regional population in Asia Pacific is fostering the growth of the global nonstick cookware market in the region in coming years. Furthermore, Europe region in the global nonstick cookware market is expected to expand at a growth rate of 3.6 % over the forecast period, while the Middle East and Africa region is set to grow at a CAGR of 1.2 % during the forecast period.

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