Market revenue in 2020 | USD 376.6 million |
Market revenue in 2028 | USD 485.7 million |
Growth rate | 3.2% (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 |
Key Regions: U.S. , UK , Brazil , South Africa , Germany
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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 54.83% in 2020. Horizon Databook has segmented the Middle East & Africa 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 number of households, changing demographics, improving business environments, and an upsurge in the disposable incomes of people across the continent will be contributing toward the growing household product consumption.
These factors are likely to create an optimistic outlook for the growth of the nonstick cookware market in the years ahead. As per a 2020 report by the Organization for Economic Co-operation and Development (OECD), the pace of urbanization and urban population growth in Africa has changed significantly across the continent generally as well as within its various regions.
Every kitchen in African countries is different. However, with the rise of new technology and modernization, most kitchens will have some similarities. Nowadays, several consumers are known to use cookware made of stainless steel and aluminum as they are efficient, durable, and available at affordable prices.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa nonstick cookware market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa nonstick cookware market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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