Market revenue in 2020 | USD 2,409.2 million |
Market revenue in 2028 | USD 3,619.5 million |
Growth rate | 5.2% (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 |
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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 65.04% in 2020. Horizon Databook has segmented the U.S. 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 nonstick cookware market is foreseen to witness significant traction in the country on account of favorable demographic factors, improving standards of living, and growing preference for at-home dining and house parties.
The continuous expansion of commercial spaces such as restaurants and eateries across the U.S. is also expected to generate significant demand for nonstick cookware products in the coming years. For instance, hospitality firm OYO tapped into the U.S. market and established its first flagship property, OYO Hotel & Casino in Las Vegas in August 2019.
In addition, it also launched 10 new hotels in Mexico. These developments have created potential opportunities for the food department to incorporate premium nonstick cookware, thereby supporting the market growth. As per a blog published by America's Test Kitchen in November 2017, 70% of the skillets sold in the U.S. are nonstick and around 56% of all cookware sold in the country is nonstick, too.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. nonstick cookware market , including forecasts for subscribers. This country databook contains high-level insights into U.S. nonstick cookware market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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