Asia Pacific Cookware Market Size & Outlook, 2023-2030
Asia Pacific cookware market, 2017-2030 (US$M)
Related Markets
Asia Pacific cookware market highlights
- The Asia Pacific cookware market generated a revenue of USD 12,398.3 million in 2023.
- The market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
- In terms of segment, non-stick/ coated was the largest revenue generating type in 2023.
- Non-Stick/ Coated is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 12,398.3 million |
| Market revenue in 2030 | USD 21,354.1 million |
| Growth rate | 8.1% (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 |
| Key market players worldwide | Groupe SEB, Target Corp, Fissler gmbh, SCANPAN, TTK Prestige, Bankhaus Werhahn, Tramontina, The Vollrath Company, Hawkins Cookers |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 40.5% of the global cookware market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 21,354.1 million by 2030.
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Cookware Market Scope
Cookware Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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 60.86% in 2023. Horizon Databook has segmented the Asia Pacific cookware market based on standard /non-coated, non-stick/ coated covering the revenue growth of each sub-segment from 2017 to 2030.
In the Asia Pacific region, since the last few years, single-person households have been the fastest growing household type due to both long-term demographic trends and increasing economic independence. The growing popularity of single-person households in the upcoming years will create significant demand for cookware.
Asian-style ethnic cooking has always been one of the segment’s top sellers; the trend has grown from Chinese influences—mostly driven by take-out culture—to include Japanese, Thai, Korean, and Vietnamese cuisines among others. Thus, several vendors are offering cookware that is ideal for these types of dishes and such vendors are increasingly popular among consumers.
Asian cooking is a smart combination of healthy, fresh ingredients and a simple cooking style. These foods also produce some of the most delicious and aromatic flavors. Every chef, whether professional or aspiring, has some or the other form of Asian cookware in the kitchen, as using intricately crafted Asian cutlery or intelligently designed kitchen gadgets can make meal preparation so much easier.
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Target buyers of Asia Pacific cookware market databook
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Our clientele includes a mix of cookware market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific cookware market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific cookware market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific cookware market size, by country, 2017-2030 (US$M)
Asia Pacific Cookware Market Outlook Share, 2023 & 2030 (US$M)
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