Global Cookware Market Size & Outlook, 2023-2030
Global cookware market, 2017-2030 (US$M)
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Global cookware market highlights
- The global cookware market generated a revenue of USD 30,590.5 million in 2023 and is expected to reach USD 49,846.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.2% by 2030.
- In terms of segment, non-stick/ coated accounted for a revenue of USD 18,903.7 million in 2023.
- Non-Stick/ Coated is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 30,590.5 million |
| Market revenue in 2030 | USD 49,846.3 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Non-stick/ coated |
| Fastest growing segment | Non-Stick/ Coated |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Standard /Non-Coated, Non-Stick/ Coated |
Other key industry trends
- In terms of revenue, the North America accounted for 17.2% of the global cookware market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 2,754.4 million by 2030.
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Cookware Market Scope
Cookware Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global cookware market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cookware market will help companies and investors design strategic landscapes.
Non-stick/ coated was the largest segment with a revenue share of 61.8% in 2023. Horizon Databook has segmented the Global cookware market based on standard /non-coated, non-stick/ coated covering the revenue growth of each sub-segment from 2017 to 2030.
Social media has played a significant role in driving a sudden interest in cooking at home and trying out new and exciting recipes. Pictures and recipes of appetizers, desserts, entrees, cocktails, and various other items are easily available on social media platforms such as Instagram, Facebook, Pinterest, and YouTube.
Cooking shows on TV and the web as well as regional and international food magazines have also greatly brought about the trend of cooking at home and this has driven the sales of cookware across the globe. For instance, the Food Network cable channel is accessible to nearly 100 million households in the U.S. and has more than 46 million web users each month.
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Our clientele includes a mix of cookware market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global cookware market , including forecasts for subscribers. This global databook contains high-level insights into Global cookware market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global cookware market size, by regions, 2017-2030 (US$M)
Top 10 countries: Cookware market size, 2023 (US$M)
Global cookware market share, by type, 2023 & 2030 (%, US$M)
Cookware market: Opportunity assessment by country
Global cookware market, by region, 2023 (US$M)
| Type | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 4,422.2 | 4,639.9 | 4,870.7 | 4,483.6 | 4,716.9 | 4,975.2 | 5,269.7 | 5,584.6 | 5,918.6 | 6,273.4 | 6,651.9 | 7,055.7 | 7,491.8 | 7,980.4 | 6.1% |
| Europe | 7,338.9 | 7,733.3 | 8,153.3 | 7,538.6 | 7,966.8 | 8,441.4 | 8,982.8 | 9,564.4 | 10,184.7 | 10,848.2 | 11,559.0 | 12,322.8 | 13,151.2 | 14,081.6 | 6.6% |
| Asia Pacific | 9,331.0 | 9,969.1 | 10,655.9 | 9,988.5 | 10,700.9 | 11,493.7 | 12,398.3 | 13,381.0 | 14,442.7 | 15,592.4 | 16,839.2 | 18,194.1 | 19,678.5 | 21,354.1 | 8.1% |
| Latin America | 1,917.0 | 2,027.4 | 2,145.4 | 1,990.8 | 2,111.6 | 2,245.7 | 2,398.8 | 2,563.7 | 2,740.4 | 2,930.1 | 3,134.2 | 3,354.2 | 3,593.7 | 3,863.1 | 7.0% |
| MEA | 1,195.7 | 1,270.8 | 1,351.3 | 1,260.2 | 1,343.3 | 1,435.5 | 1,540.9 | 1,654.9 | 1,777.4 | 1,909.7 | 2,052.7 | 2,207.5 | 2,376.6 | 2,567.1 | 7.6% |
| Overall | 24,204.8 | 25,640.5 | 27,176.6 | 25,261.7 | 26,839.5 | 28,591.5 | 30,590.5 | 32,748.6 | 35,063.8 | 37,553.8 | 40,237.0 | 43,134.3 | 46,291.8 | 49,846.3 | 7.2% |
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