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Aluminum Cookware Market Is Expected to Reach 1070 Million USD by 2025 and CAGR of 4.5% - QY Research

QY Research has published the new industry research of the “Global Aluminum Cookware Market” The report focuses on Global major leading players with information such as company profiles, product picture, future road map, opportunities and investment.

 

Los Angeles, CA -- (SBWIRE) -- 10/02/2018 -- This study researches the market size of Aluminum Cookware, presents the global Aluminum Cookware sales and revenue by companies, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. This report focuses on the key data information of Aluminum Cookware in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of Aluminum Cookware for each region and countries in each region. For top companies, this report investigates and analyzes the sales, revenue, market share and growth rate for the top players, key data from 2013 to 2018.

This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis. Aluminum cookware is fairly inexpensive in comparison to cookware made from other materials. Aluminum is lightweight but fairly strong. It is a good conductor of heat and does not easily distort when exposed to high temperatures. Aluminum works well for sautéing and frying foods because if its heat responsiveness. The drawback of aluminum is that it reacts to acidic and alkaline foods, causing it to corrode and affect the taste of the food being cook. Aluminum is generally used as a core heat conductor, or coated with stainless steel or an anodized coating to protect the food.

Europe Aluminum Cookware consumption market size is estimated to reach about 70592 K Units by the end of 2017, which is expected to get 75307 K Units in 2022, with a weakness growth of 1.04% (2016-2022 CAGR). The Aluminum Cookware Products performance in Europe is not so positive with the current environment status. We suggest manufacturers develop other cookware types like Carbon Steel, Stainless Steel or Cast-Iron Cookware, or seek innovation. The Europe competition market for Aluminum Cookware is still intense. Currently, there are many participants in the Aluminum Cookware market. Popular brands/companies presented in the European market include SEB, Alluflon, Illa SpA, Ballarini, Norbert Woll GmbH, Meyer, Fissler GmbH, Risoli, ALZA, SCANPAN, Newell, Maspion, Y&T, Zhongxin Cookware and etc. R&D and Manufacturing locations of major Brands are concentered in China, Southeast Asia, Australia, and some North America and European countries.

France is the biggest consumption areas for aluminum cookware in 2016, taking about 24.42% market share in 2016 (based on sales). Germany still is a big consumption market, with about 20.50% market share. Other leading consumption regions in Europe are Italy (14.65%), UK (9.09%), Spain (6.27%) and Benelux (5.74%). In the past few years, the price of aluminum cookware shows an increasing trend and we expect the price may keep the trend in a short period. However, as the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of Aluminum Cookware, to some extent, the companies are facing a risk of profit decline.

There are companies adding capacities and aiming at the cost and quality leadership which shall improve profitability. At the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The total competition market for Aluminum Cookware may become more intense, and the market is going to be more concentrated for high end Aluminum Cookware. In 2018, the global Aluminum Cookware market size was 750 million US$ and is forecast to 1070 million US in 2025, growing at a CAGR of 4.5% from 2018. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Aluminum Cookware.

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This report includes the following manufacturers; we can also add the other companies as you want.

SEB

Alluflon

Illa SpA

Ballarini

Norbert Woll GmbH

Meyer

Fissler GmbH

Risoli

ALZA

SCANPAN

Market Segment by Product Type

Cast Aluminum Cookware

Anodized Aluminum Cookware

Market Segment by Application

Residential

Commercial

Market size split by Region

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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