Asia Pacific Nonstick Cookware Market Size & Outlook
Asia Pacific nonstick cookware market, 2016-2028 (US$M)
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Asia Pacific nonstick cookware market highlights
- The Asia Pacific nonstick cookware market generated a revenue of USD 2,072.2 million in 2020.
- The market is expected to grow at a CAGR of 6.2% from 2021 to 2028.
- In terms of segment, supermarkets & hypermarkets was the largest revenue generating distribution channel in 2020.
- Online is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2021 to 2028.
Asia Pacific data book summary
| Market revenue in 2020 | USD 2,072.2 million |
| Market revenue in 2028 | USD 3,363.6 million |
| Growth rate | 6.2% (CAGR from 2020 to 2028) |
| Largest segment | Supermarkets & hypermarkets |
| Fastest growing segment | Online |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Supermarkets & Hypermarkets, Convenience Stores, Specialty Stores, Online |
| Key market players worldwide | Newell Brands Inc, Groupe SEB, Tefal India, All Clad, WMF Group, Cuisinart, Meyer, TTK Prestige, SCANPAN, Hawkins Inc, The Cookware Company |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 20.1% of the global nonstick cookware market in 2020.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,363.6 million by 2028.
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Nonstick Cookware Market Scope
Nonstick Cookware Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific nonstick 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 nonstick cookware market will help companies and investors design strategic landscapes.
Supermarkets & hypermarkets was the largest segment with a revenue share of 59.3% in 2020. Horizon Databook has segmented the Asia Pacific nonstick cookware market based on supermarkets & hypermarkets, convenience stores, specialty stores, online covering the revenue growth of each sub-segment from 2016 to 2028.
The continuous expansion of the residential sector, the increasing number of home remodeling and renovation projects, and rising consumer disposable income are likely to generate significant demand for nonstick cookware products over the forecast period.
Nonstick cookware products offer plenty of benefits that attract consumers’ attention, such as requiring less oil for a healthier meal and a finish designed to prevent food from sticking. This also makes nonstick cookware easy to clean and requires low maintenance.
In Asia Pacific, single-person households have been the fastest-growing household type since the last few years due to long-term demographic trends and increasing economic independence. The growing popularity of single-person households in the upcoming years will create significant demand for various household and kitchen items, including nonstick cookware.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific nonstick cookware market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific nonstick cookware market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Asia Pacific nonstick cookware market size, by country, 2016-2028 (US$M)
Asia Pacific Nonstick Cookware Market Outlook Share, 2020 & 2028 (US$M)
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