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Global Nonstick Cookware Market 2019-2023 | Increasing Online Sales of Nonstick Cookware to Boost Demand | Technavio

November 30, 2018

LONDON--(BUSINESS WIRE)--Nov 30, 2018--The global nonstick cookware market is expected to post a CAGR of close to 5% during the period 2019-2023, according to the latest market research report by .

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Technavio has released a new market research report on the global non-stick cookware market for the period 2019-2023. (Graphic: Business Wire)

A key factor driving the growth of the market is the increasing awareness about healthy and convenient cooking practices. Globally, nonstick cookware is increasingly adopted by consumers due to its convenience and health benefits. The health benefit of nonstick cookware is that food can be cooked with little or no oil. Convenience factors of nonstick cookware include its ease of cleaning, scratch-resistant properties, and sleek designs of the cookware. Moreover, PTFE coating and ceramic coating enhance the scratch-resistant properties of nonstick cookware. Hence, nonstick cookware is more durable than other utensils. Manufacturers of nonstick cookware also offer innovative designs to make products compact and attractive to consumers. These benefits of nonstick cookware encourage people to prefer nonstick cookware to other types of utensils.

This market research report on the also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time only:

In this report, Technavio highlights the increasing online sales of nonstick cookware as one of the key emerging trends in the global nonstick cookware market:

Global nonstick cookware market: Increasing online sales of nonstick cookware

The availability and credibility of nonstick products in emerging economies was a big challenge for the global nonstick cookware industry. However, with the increasing penetration of the internet, the availability of nonstick cookware across channels has increased and customers are not facing any difficulty in accessing premium and global brands from any part of the world. Moreover, the online distribution channel aids consumers in making well-informed decisions. Since all products and brand information are available online, it prevents consumers from choosing faulty products. Vendors provide competitive pricing through the online distribution channel. Hence, the online distribution channel helps vendors compete with the unorganized sector in terms of price. Therefore, the growth of the online distribution channel in the global nonstick cookware will be a key trend in the market.

“The rising popularity of ceramic-coated nonstick cookware, the availability of eco-friendly nonstick cookware and the advent of smart pans are some of the other major factors that are contributing largely to the growth of the global nonstick cookware market,” says a senior analyst at Technavio.

Global nonstick cookware market: Segmentation analysis

This market research report segments the global nonstick cookware market by material (PTFE coating, ceramic coating, and hard anodized aluminum coating) and geographical regions (APAC, EMEA, and the Americas).

The PTFE coating segment led the market in 2018 with a market share of over 65%, followed by ceramic coating, and hard anodized aluminum coating respectively. However, during the forecast period, the ceramic coating segment is expected to register the highest incremental growth, followed by the hard-anodized aluminum coating segment.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20181130005238/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: HOME GOODS RETAIL

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 11/30/2018 09:05 AM/DISC: 11/30/2018 09:05 AM

http://www.businesswire.com/news/home/20181130005238/en

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