South Korea Cookware Market Size & Outlook, 2023-2030
South Korea cookware market, 2017-2030 (US$M)
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South Korea cookware market highlights
- The South Korea cookware market generated a revenue of USD 1,052.4 million in 2023 and is expected to reach USD 1,898.4 million by 2030.
- The South Korea market is expected to grow at a CAGR of 8.8% 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.
Cookware market data book summary
| Market revenue in 2023 | USD 1,052.4 million |
| Market revenue in 2030 | USD 1,898.4 million |
| Growth rate | 8.8% (CAGR from 2023 to 2030) |
| Largest segment | Non-stick/ coated |
| Fastest growing segment | Non-Stick/ Coated |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 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, South Korea accounted for 3.4% of the global cookware market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China cookware market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,217.4 million by 2030.
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Cookware Market Scope
Cookware Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea 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 60.72% in 2023. Horizon Databook has segmented the South Korea cookware market based on standard /non-coated, non-stick/ coated covering the revenue growth of each sub-segment from 2017 to 2030.
- South Korea Cookware Type Outlook (Revenue, USD Million, 2017-2030)
- Standard /Non-Coated
- Non-Stick/ Coated
- Teflon (PTFE) Coated
- Ceramic Coated
- Enamel Coated
- Others
- South Korea Cookware Product Outlook (Revenue, USD Million, 2017-2030)
- Pots & Pans
- Pressure Cooker
- Cooking Racks
- Cooking Tools
- Bakeware
- Microware Cookware
- South Korea Cookware Material Outlook (Revenue, USD Million, 2017-2030)
- Stainless Steel
- Carbon Steel
- Cast Iron
- Aluminum
- Glass
- Stoneware
- Others
- South Korea Cookware Application Outlook (Revenue, USD Million, 2017-2030)
- Residential
- Commercial
- South Korea Cookware Distribution Channel Outlook (Revenue, USD Million, 2017-2030)
- Supermarket/ Hypermarket
- Specialty Stores
- Online
- Others
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Target buyers of South Korea 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea cookware market , including forecasts for subscribers. This country databook contains high-level insights into South Korea cookware market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea cookware market size, by type, 2017-2030 (US$M)
South Korea Cookware Market Outlook Share, 2023 & 2030 (US$M)
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