Global Nonstick Cookware Market (2019-2023): Leading Players are Groupe SEB, Hawkins Cookers, Newell Brands, Scanpan, and TTK Prestige - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 19, 2018--The “Global Nonstick Cookware Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.
The market is projected to grow at a CAGR of over 4% by 2023.
With the increased penetration of the internet, the availability of nonstick cookware across channels has increased. Although the availability of nonstick products was a big challenge in emerging countries earlier, customers today do not face difficulties in accessing global brands from any part of the world.
Combine this with the growing online distribution channels, customers can easily access brand and product information and make well-informed decisions. Therefore, the growth of the online distribution channel will be a key trend in the global nonstick cookware market.
Increasing awareness about healthy and convenient cooking practices
The nonstick cookware coating products are gaining popularity across the world owing to their sleek and compact designs that attract customers. These products are scratch resistant and can be cleaned easily.
Nonstick cookware is increasingly adopted by consumers owing to its convenience and health benefits. The health benefits of nonstick cookware are because it cooks food with little or no oil, while not compromising the taste of food. This is expected to contribute significantly to the growth of the market.
Volatility of prices of raw materials
Aluminium metal is the key raw material used in the manufacturing process of nonstick cookware. The price of aluminium has a significant impact on the manufacturing costs and profit margins for vendors. Since aluminium prices are vulnerable to external factors, it is expected to be a key challenge for manufacturers in the nonstick cookware market.
Market TrendsIncreasing Online Sales of Non-Stick Cookware Availability of Eco-Friendly Non-Stick Cookware Emergence of Smart Pans
Key PlayersGroupe SEB Hawkins Cookers Newell Brands Scanpan TTK Prestige
1. Executive Summary
2. Scope of the Report
3. Market Landscape
4. Market Sizing
5. Five Forces Analysis
6. Market Segmentation by Material
7. Customer Landscape
8. Geographic Landscape
9. Decision Framework
10. Drivers and Challenges
11. Market Trends
12. Vendor Landscape
13. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/kp797w/global_nonstick?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181219005503/en/
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INDUSTRY KEYWORD: HOME GOODS RETAIL
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/19/2018 10:47 AM/DISC: 12/19/2018 10:47 AM