China Nonstick Cookware Market Size & Outlook, 2020-2028
China nonstick cookware market, 2016-2028 (US$M)
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China nonstick cookware market highlights
- The China nonstick cookware market generated a revenue of USD 562.1 million in 2020 and is expected to reach USD 951.0 million by 2028.
- The China market is expected to grow at a CAGR of 6.8% 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.
Nonstick cookware market data book summary
| Market revenue in 2020 | USD 562.1 million |
| Market revenue in 2028 | USD 951.0 million |
| Growth rate | 6.8% (CAGR from 2020 to 2028) |
| Largest segment | Supermarkets & hypermarkets |
| Fastest growing segment | Online |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 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, China accounted for 5.5% of the global nonstick cookware market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, China nonstick cookware market is projected to lead the regional market in terms of revenue in 2028.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 519.2 million by 2028.
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Nonstick Cookware Market Scope
Nonstick Cookware Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 59.92% in 2020. Horizon Databook has segmented the China 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 rising economic development and the increasing number of small- and medium-sized businesses are boosting the growth of the construction industry in China. According to a report published by the International Trade Administration in July 2019, the construction industry in China was valued at USD 893.58 billion and is projected to expand at a CAGR of 5% until 2023.
Residential buildings and small houses account for a majority of the construction in China, owing to the growing middle-class population. This is likely to generate significant demand for various kitchen utensils, including nonstick cookware, over the forecast period.
In China, the main products that make up the cookware market are made using materials different than those used for the ordinary pot, iron and nonstick cookware, electric cookers, and so on. Stainless-steel pots and pans with aesthetic appeal and perfect structure are gaining popularity in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the China nonstick cookware market , including forecasts for subscribers. This country databook contains high-level insights into China nonstick cookware market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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China nonstick cookware market size, by distribution channel, 2016-2028 (US$M)
China Nonstick Cookware Market Outlook Share, 2020 & 2028 (US$M)
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