Market revenue in 2020 | USD 3,113.1 million |
Market revenue in 2028 | USD 4,693.7 million |
Growth rate | 5.3% (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 |
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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 65.3% in 2020. Horizon Databook has segmented the North America 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 on account of the increasing number of households, coupled with major home improvement projects undertaken by consumers in the region, is boosting the demand for premium nonstick cookware products. Consumers in the region are likely to invest in highend nonstick cookware that complements their kitchen décor.
Furthermore, the growth of the commercial food service sector is expected to drive the demand for cookware products in the coming years. According to data by Statistics Canada, the food service industry is likely to witness a growth of nearly 4% per year till 2022.
This scenario is expected to boost the demand for and use of nonstick cookware products. The commercial food service segment in the U.S. comprises a large number of restaurants and local eateries. The rising number of food service joints in the country will continue to bode well for the nonstick cookware market.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America nonstick cookware market , including forecasts for subscribers. This continent databook contains high-level insights into North America nonstick cookware market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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