Polytetrafluoroethylene (PTFE), sometimes known as Teflon, is a substance that has been used to cover nonstick cookware such as fry pans and saucepans. Teflon is a chemical compound composed of carbon and fluorine atoms. Non-stick cookware is a type of utensil that has a surface that prevents food from sticking to it. Cookware with a non-stick coating is popular because it allows food to brown without sticking to the pan.
MARKET SCOPE
The "Global Non-Stick Cookware Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the non-stick cookware market with detailed market segmentation by coating type and distribution channel. The report provides key statistics on the market status of the leading non-stick cookware market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on coating type, the global non-stick cookware market is segmented teflon coated, aluminum coated, ceramic coated, others.
- Based on distribution channel, the market is bifurcated into supermarkets and hypermarkets, convenience stores, online retail, and others.
MARKET DYNAMICS
Drivers
- The usage of non-stick cookware has health benefits because it cooks meals with little or no oil without sacrificing flavour, which is expected to propel the non-stick cookware market's growth.
- The need for non-stick cookware is being fueled by rapid urbanization and technological innovation. A considerable number of consumers, particularly housewives, are influenced by the amount of television programmes dedicated to food and recipes. As a result, the use of non-stick cookware items rises. Non-stick cookware is becoming increasingly popular since it allows you to cook with less oil.
Restraints
- The number of consumers have moved their focus from Teflon to Cast Iron, which is recognized for non-toxic cookware, as a result of mounting worries about Teflon coating, which has been connected to a number of health problems. The market for nonstick cookware was pounded by a shift in customer preferences.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The non-stick cookware market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the non-stick cookware market in these regions.
IMPACT OF COVID-19 ON NON-STICK COOKWARE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the non-stick cookware market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from non-stick cookware market are anticipated to lucrative growth opportunities in the future with the rising demand for non-stick cookware in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the non-stick cookware market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Bernde
- Bradshaw International
- Conair Corporation
- Groupe SEB
- Calphalon
- Cook N Home
- Cuisinart
- Denby Group Limited
- Cook N Home
- Nordic Ware
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.