Kitchenware Market Size, Share & Trends Analysis Report By Product (Tableware, Cookware, Bakeware), By Application (Residential, Commercial), By Distribution Channel, By Region, And Segment Forecasts, 2024 - 2030

Kitchenware Market Size & Trends

The global kitchenware market size was valued at USD 65.23 billion in 2023 and is projected to grow at a CAGR of 6.9% from 2024 to 2030. An increase in disposable income levels of consumers worldwide, growing availability of key brands in multiple regional markets, effective distribution strategies adopted by the major market participants, and emergence of culinary tourism backed by numerous entities in hospitality industry are some of the key growth driving factor for this market.

Customers with personal interests and preferences regarding cooking and kitchen arrangements have shown interest in buying variety of kitchenware products offered by the key brands for different cuisine and cooking panaches. For instance, food that belongs to Indian cuisine requires wide range of cookware products and food that belongs to Italian cuisine often requires availability of baking related kitchenware products such as ovens, pasta rollers, pastry boards, moka pots, Mezzaluna Knife and more.

Moreover, the trend of moving abroad for studies and work is also influences the market growth. For instance, a large population of consumer groups from India is shifting to North American countries such as Canada and U.S., which is impacting the demand for the product in the region, eventually fueling the global demand.

According to World Bank Blogs, the number of Indian students migrating to the U.S. has increased from 1.25 lakh in 2021 to 1.9 lakh in 2022, and in Canada, the numbers went from 1.02 lakh in 2021 to 1.85 lakh in 2022. Also, frequent innovations in kitchenware industry compels the consumers to purchase the newer products more frequently after the launch.

Increasing availability of smart kitchen equipment and appliances has driven the growth in home cooking around the world. Ease of availability of ingredients related to almost every cuisine through offline and online retail stores has backed up this trends. Growing awareness about fitness and well-being has also sparked growth in cooking their own food in families worldwide. Emergence of different platforms to assist home cooks and availability of individuals who offer home cooking services in multiple cities in prime regions is expected to generate greater demand for the kitchenware products in approaching years.

Product Insights

The tableware segment dominated the global industry and accounted for a revenue share of 54.7% in 2023. Some of the primary factor driving the growth for this segment include rising urbanization, changing lifestyles, urban home settings with greater number of utilities fixed in lesser space, and availability of well-designed dining setups. Key brands operating in the kitchenware industry have been offering diverse portfolios of tableware products such as dinnerware, flatware, and stemware. The varieties such as cutlery, glassware, dessert plates, porcelain, stoneware, bone china, melamine, platters, earthenware, gray boats, and serveware have generated greater demand in residential and commercial application as well.

The cookware segment is expected to experience the fastest CAGR of 7.4% from 2024 to 2030. Growing consciousness about dietary preferences and increased inclination towards home cooking are driving growth for this segment. The commercial use of cookware has also contributed to the growth in demand for cookware products such as kadai, wok, saucepans, saucepots, pressure cookers, pans & tawas, cookware sets, ceramic cookware, broiler pan, grill pan, sauté pan, dutch oven, stockpot and others. The unceasing urbanization, growth in disposable income levels and availability of various cookware products through online shopping websites is expected to drive growth for this segment in approaching years.

Application Insights

The residential application segment held the largest revenue share of global industry in 2023. Factors such as growing interest in home cooking and trends in culinary industry, increased inclination towards adoption of healthy diets, growing availability of multi-functional kitechware products and a growing passion for culinary arts among the consumers are some of the key factors that have been fueling the demand for kitchenware in residential segment. Increasing awareness about ill-effects caused by continuous consumption of street food or junk items, growing number of consumers preferring health & well-being over tastes and ease of availability & accessibility of kitchenware products is expected to generate greater demand for this market during forecast period.

The commercial segment is projected to experience a fastest CAGR from 2024 to 2030. Commercial users such as hotels, restaurants, banquet halls, cafes, bars, clubs, cloud kitchens, company pantries, rail pantries, airplane galley, and catering service providers play a crucial role in the growth of kitchenware market. The demand for durable, high-capacity, and effective kitchenware that can endure the challenges of professional cooking is driving the market in this category. The expansion of the hospitality and food service industry is anticipated to contribute to the growth of the kitchenware market during the forecast period. According to World Travel and Tourism Council, International visitor spending experienced a 33.1% increase in 2023. The resuming tourism trends in multiple countries such as India, USA, Italy and others are contributing to the growth of this segment.

Distribution Channel Insights

Supermarket/hypermarket segment dominated the global industry in 2023. Consumers prefer to inspect products physically before purchasing them while seeking assurance about quality and suitability for their needs is fueling the market growth. Some of the key aspects that influences the offline shopping experience through supermarkets and hypermarkets are immediate possession, opportunity to examine quality of material used in manufacturing the products, and assistance provided by the staff. In addition, consumers trust offline shopping experience in case of products such as delicate glassware, ceramic kitchenware and other related products which are considered as fragile when it comes to delivery.

The online distribution segment is expected to experience a significant CAGR during the forecast period. This segment is primarily driven by the aspects such as ease of accessibility, growing use of smartphones and internet, increasing availability of multiple key brands offering kitchenware through e-commerce websites and online platforms of their own, and other additional services related to online shopping such as doorstep delivery, return & refund, multiple payment alternatives, availability of detailed product descriptions and display of customer reviews mentioned by previous buyers.

Regional Insights

North America kitchenware market was identified as a lucrative region in 2023. The factors such as high disposable incomes, extensive consumer base, and a cultural trends that encourage inclusion of culinary experimentation and diversities have contributed to the growth of this industry in recent years. Presence of diverse population, individuals belonging to multiple origins and countries has strong influence over this industry.

U.S. Kitchenware Market Trends

The U.S. kitchenware market held a significant revenue share of regional industry in 2023. According to Pew Research Center, the U.S. is home of nearly one fifth of total international migrants in the world. Top three countries of birth for immigrants residing in the U.S. are Mexico, Indian and China. Presence of culinary culture and significant cuisine related food traditions in these countries have significantly impacted the demand for kitchenware products in this market. Since acceptance of the 1965 Immigration and Nationality Act, nearly 72 million individuals have migrated to the U.S. as immigrants from different countries in regions such as Northern and Western Europe, Asia and Latin America.

Asia Pacific Kitchenware Market Trends

Asia Pacific kitchenware market dominated the global industry with revenue share of 40.5% in 2023. Changing lifestyles, increasing disposable income levels, and availability of diverse product portfolios offered by the domestic as well as international brands are expected to drive the growth of this regional market in the forecast period. Countries such as India and China are experiencing an increase in the demand for traditional and contemporary kitchenware, driven by higher incomes and the abundance of cooking content on multiple online platforms. Resumed state of tourism industry has also contributed to the growth in commercial use of kitchenware products. According to Monthly Tourism Statistics, May 2024, published by Ministry of Tourism, Government of India, 6,00,496 foreign tourists arrivals were recorded in May 2024. In India, foreign tourists arrivals recorded in May 2023 were 5,98,480. This marked 0.3% of increase than previous year.

India's kitchenware market held significant share of regional industry in 2023. Increasing inclination towards home cooking, availability of several kitchenware products designed and developed according to requirements and needs of different cuisines and cooking styles, growing awareness about heath & well-being leading to rise in home cooking, growing availability of ready to make products, and increasing accessibility to variety of food ingredients offered through offline and online retail stores have contributed to the growth of this industry in recent years. According to the Ministry of Steel, Government of India, the consumption of finished stainless steel has increased from 3.044 million tons in April - March 2021-22 to 3.179 million tons in April - February 2022-23.

Europe Kitchenware Market Trends

Europe kitchenware market is anticipated to witness significant growth from 2024 to 2030. Shifting trends in eating culture such as the increasing prominence of social and casual dining have resulted in an increased demand for innovative kitchenware products in the region. The increasing influence of Southern European countries such as French cuisine, Italian food culture, and the use of high-end kitchenware products has increased the applications of cookware in Northern European countries. Thus, consumers are largely investing in cookware for making and enjoying food with family and friends.The rising trend of food-away-from-home is also presenting lucrative growth opportunities for cookware manufacturers catering to restaurants and eating joints.

The UK kitchenware market held a substantial market share in 2023. The market is driven by the extensive culinary history leading to a society that values high-quality bakeware, kitchenware, and utensils, emphasizing eco-friendliness and incorporating technology aligning with current customer needs. Shifting trends in eating culture, such as the increasing prominence of social and casual dining, have increased demand for innovative kitchenware products in the region. As a result, consumers primarily purchase kitchenware to prepare and eat meals with family and friends.

Key Kitchenware Company Insights

Some of the key companies in the kitchenware market include GROUPE SEB, Wilh. Werhahn KG., Target Brands, Inc., Meyer International, Fissler, and others. The market presents moderate to high entry barriers due to the presence of leading market players and the requirement of high setting costs. The market is further driven by innovation in designs, mergers and acquisitions, and joint ventures. The key manufacturers are making high investments in research and development to gain an edge over their competitors.

• SCANPAN, a global manufacturer of sustainable and high-quality kitchenware, is known for producing perfluorooctanoic acid-free (PFOA) nonstick cookware by utilizing recycled aluminum. The product range of the company includes roasting pans, nonstick pots, knives, grinders, utensils, casseroles, cutlery, and other kitchenware.

• Meyer International, a prominent company in the kitchenware industry, known for its innovative and high-quality cookware, offers a wide range of cookware products, including hard-anodized aluminum, stainless steel, and nonstick aluminum cookware. Their brands include Anolon, Farberware, Circulon, SilverStone, and KitchenAid.

Recent Developments

• In April 2024, GROUPE SEB, one of the prominent companies in kitchenware market acquired Sofilac. The acquisition is anticipated to help GROUPE SEB in its journey towards the goal to become a key player in professional equipment markets and enhance its position in the premium cooking sector.

• In March 2024, the Brazilian brand in houseware industry, applauded for its premium range of cookware products, entered Indian market to grab lucrative opportunities presented by unprecedented growth experienced by the HoReCa (hospitality, restaurants and catering) industry in the country. The offerings by the company include stainless steel cookware, ceramic cookware, hollowware, forged cutlery, cutting/serving boards, nonstick cookware and more.

Kitchenware Market Report Scope

Global Kitchenware Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global kitchenware market report based on product, application, distribution channel, and region:

• Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Cookware

  • Bakeware

  • Tableware

  • Others

• Application Outlook (Revenue, USD Million, 2018 - 2030)

  • Residential

  • Commercial

• Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)

  • Hypermarkets/Supermarkets

  • Specialty Store

  • Online

  • Others

• Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

  • Asia Pacific

    • China

    • Japan

    • India

  • Latin America

    • Brazil

    • Argentina

  • Middle East and Africa (MEA)

    • South Africa

    • South Arabia