Global Nonstick Cookware Market Expected to Worth a Value of US $24,696.0 Mn by 2025

The global Non-stick cookware market was valued at US$ 17,363.2 Mn in 2016 and is forecast to expand at a CAGR of 4.1% from 2017 to 2025, reaching a value of US$ 24,696.0 Mn in 2025.

 

Albany, NY -- (SBWIRE) -- 09/18/2018 -- Increasing concerns about health and safety on overall operations in an organization and the demand for improved, and easy-to-use products in culinary operations are expected to drive the growth of the Non-stick cookware market among others. In addition, the increasing prevalence of the online channels of sales for nonstick cookware, have significantly increased revenue. Revenues from the nonstick cookware market are estimated to grow to US$ 24,696 Mn through 2025.These insights have been gleaned from the report titled "Nonstick Cookware Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025" added recently to the vast repository of Market Research Reports Search Engine (MRRSE).

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Europe, followed by North America continue their hold over major nonstick cookware market share, and are expected to grow even further through 2025, owing to increased preference for innovative improvements and better safety in cooking equipment. The Asia Pacific market is also expected to see a boost owing to rising standards of living in urban areas in the region.

Key market players are focusing on strategies to provide consumers with high quality, efficient nonstick cookware at relatively lower prices, to effectively compete against traditional cooking utensil. Some of the key players in the nonstick cookware market are Calphalon (Newell Brands LLC), Gibson Brands Inc., Farberware Licensing Company, TTK Prestige limited, Tramontina, Regal Ware Inc., and Hawkins Cookers Limited.

Nonstick Cookware Market: Report Overview

This report provides a complete analysis of vital political, social, economic, technological, and legal factors along with the current market dynamics affecting the growth of the non-stick cookware market. In addition a comprehensive value chain analysis has been given in support of porter's five forces analysis model to better explain the movements of market players which are influencing the market.

The report provides analysis for all the major trends and drivers playing a key role in non-stick cookware market growth over the forecast period. It also provides a comprehensive perspective on the non-stick cookware market's growth in terms of revenue (in US$ Mn) and Volume (Mn units).

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Details such as company financials, SWOT analysis, business strategies, and relevant developments, pertaining to key players have been given for greater understanding of the competitive scenario. In addition, an attractiveness analysis has also been provided to assess the performance of market players globally in terms of general attractiveness, growth and market size.

Nonstick Cookware Market: Research Methodology

The comprehensive analysis in this report is the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews, with eminent industry experts.  This enables superior insights into factors such as market trends, size and competitive situations.

Leading and new market players in the nonstick cookware market have been studied thoroughly, and numerous data sources such as press releases, databases, and annual reports, have been studied for analysis on the market's landscape. The research approach and methodologies employed here has been found to be very efficient to gain actionable insights on the market data, and making use of previously untapped business opportunities.

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