Positive economic indicators and consumer enjoyment toward at-home cooking and baking could boost category sales.
Albany, NY -- (SBWIRE) -- 05/21/2018 -- Cookware sales in the U.S. have remained sluggish amidst high household penetration in 2017, post-experiencing declined sales between 2016 and 2017. Slow demand and supply of cookware in the U.S. can be partly attributed to competitive pressure from rising small kitchen appliances category, which lessen the requirement for cookware products. These insights are according to the report, titled 'Cookware - U.S. - May 2018', which has been recently added to the vast repository of Market Research Hub (MRH).
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Long purchase cycles and high penetration has also challenged cookware sales expansion, with the market's increasing reliance on trade-ups and new users. However, promising economic indicators coupled with growing consumer interest toward cooking and baking from scratch at home is likely to augur well for future growth of cookware market in the U.S. Efforts toward online educational campaigns are likely to pave avenues for leading brands for reaching Millennials, who are new to this category and developing their cookware inventory.
U.S. Cookware Market: Report Synopsis
This report offers accurate forecasts on the market for the period between 2018 and 2027. This report is a definite source of information that imparts intelligence on recent market dynamics, industry trends, potential markets, technology developments & advancements, and product innovation coupled with extensive regional market coverage.
A comprehensive data analysis on the U.S. cookware market is delivered in the report, in order to help the clients in gaining a competitive edge and attracting potential customers. The report further aid in better understanding of the industry structure, and offers evaluations on the competition intensity attractiveness. Business strategists can leverage the intelligence offered in the report regarding latest opportunities and trends impacting the market expansion to make fact-based decisions for their businesses.
Cookware Market: Taxonomy and Segmentation Analysis
This report also offers a scrutinized study on the U.S. market for cookware in terms of a segmentation analysis. The market has been divided into four key segments, namely, indication, end-user, technique, and region. These segments have been analyzed in detail, engulfing market forecasts and estimates at a country and regional level. The segmentation analysis offered can be useful for the report readers in understanding probable opportunities and potential markets for the target product – cookware.
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Cookware Market: Competitive Landscape Assessment
In its concluding chapter, the report quantifies revenues share of prominent companies in the U.S. cookware market, and offers an in-depth overview of the market's competitive scenario. A detailed description has been delivered on all the market players profiled in the report, which includes intelligence in terms of their company overview, key financials, product overview, past as well as latest developments.
A SWOT analysis has been offered on each market player incorporated in the report, along with information on their new product developments, and market expansion strategies such as collaborations and partnerships. The scope of the report is offer its readers with authentic information and insights on the U.S. cookware market, to enable them in making better future decisions for growth of the businesses.
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