Germany Nonstick Cookware Market Size & Outlook, 2020-2028
Germany nonstick cookware market, 2016-2028 (US$M)
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Germany nonstick cookware market highlights
- The Germany nonstick cookware market generated a revenue of USD 625.8 million in 2020 and is expected to reach USD 954.9 million by 2028.
- The Germany market is expected to grow at a CAGR of 5.4% 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 625.8 million |
| Market revenue in 2028 | USD 954.9 million |
| Growth rate | 5.4% (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, Germany accounted for 6.1% 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 Europe, Germany nonstick cookware market is projected to lead the regional market in terms of revenue in 2028.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 954.9 million by 2028.
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Nonstick Cookware Market Scope
Nonstick Cookware Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 56.36% in 2020. Horizon Databook has segmented the Germany 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 increasing number of households and rising consumer demand for premium and innovative cookware products that serve the purpose as well as complement kitchen décor are driving the nonstick cookware market in Germany.
Furthermore, the rapid growth of various commercial sectors in the country, especially a rising number of restaurants, is resulting in the increased demand for nonstick cookware products. According to the Federal Statistical Office of Germany, the number of one-person households is increasing and people in Germany are spending more time in private homes than before. There were 17.6 million people living alone in one-person households in 2019.
Moreover, young and old people lived together in less than 1% of households in 2019. The increasing number of households across the country is expected to create a positive outlook for the nonstick cookware market. Cookware products such as pots and pans play a crucial role in the type of food consumers cook and the quality and ease of preparing such meals.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany nonstick cookware market , including forecasts for subscribers. This country databook contains high-level insights into Germany nonstick cookware market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Germany nonstick cookware market size, by distribution channel, 2016-2028 (US$M)
Germany Nonstick Cookware Market Outlook Share, 2020 & 2028 (US$M)
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