Cooking is a decade long activity which one performs out of necessity or has a personal interest, or rather takes it up as a profession, because food is the basic necessity for human survival. Traditionally, mud pots or earthen cookware were used to cook food. But with the evolution of human beings and the development of economies & technology gave rise to the production of modern cookware products and techniques. An increasing number of chefs, the growing popularity of cooking shows, the inclination of both men and women in cooking practices, engagement of children in cooking to try out new dishes, the increasing popularity of international level cooking competitions, and the advent of new dishes requiring specialized cookware drive the demand for non-stick cookware in the market.
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Non-stick cookware is a utensil whose surface is engineered in such a way that the risk of food items to stick on the cookware minimizes. A coating of a smooth texture (non-stick coating) on non-stick cookware prevents the food from sticking to the utensil or from getting burned or overcooked. A variety of non-stick cookware is present in the global market, coated by using different raw materials like Teflon, aluminum, enameled iron, ceramic, and many others.
Using non-stick cookware enables less oil utilization is also easy to wash as there are no remains of food stuck on the cookware. Also, non-stick cookware is available in different shapes, sizes, colors, and materials, which supports its market growth. Therefore, it is projected that the non-stick cookware market will grow significantly during the forecast period.
COVID-19 ScenarioAnalysis:
- As a result of the ongoing pandemic crisis, the overall performance of the cookware industry has dropped.
- The disruption of the supply chain has affected the manufacturing and distribution process.
- Pay reduction has been implemented for the factory workers.
- Stay at home orders has stopped the people from going outside, for purchasing such products.
- Although, the e-commerce business is expected to have a positive influence on sales in the ongoing pandemic situation and the future.
- Hotels, restaurants, fast food retails drove the cookware market, but due to the prevailing lockdown situation, the demand for cookware has been put on halt.
Top Impacting Factors:Market Scenario Analysis, Trends, Drivers and Impact Analysis
An increasing number of nuclear families and a rising number of individual migrants to urban cities or in any other corner of the world has led to an increased demand for the cookware for their kitchens. Along with this, rising income, increasing disposable income, rising spending capacity, preference for advanced cookware, supports the global market growth for the non-stick cookware market. Additionally, males, females, and even children these days are inclining towards trying new dishes, driving the growth of the non-stick cookware market. Also a shifting preference towards easy-to-clean nonstick products, rising number of fast-food giants, the ability of non-stick cookware to withstand very high temperature, and rising popularity of the ceramic coated non-stick cookware are few other factors that surge the global market growth for the non-stick cookware.
However, increasing investment in research & development, developing and launching a new product, and aggressive marketing strategies create revenue opportunities for the players operating in the non-stick cookware market. For instance, ScanPan Inc., a US-based cookware manufacturing company, in 2001, launched a ceramic-based titanium nonstick cookware, which is easy to use and wash and does not contain any harmful metals or chemicals.
The Global Non-stick Cookware Market Trends are as follows:
Emerging Trend of Eco-friendly Non-Stick Cookware:
In almost every industry, health & fitness and usage of eco-friendly products have become an ongoing trend. The cookware industry is observing a similar trend, where demand for green or sustainable products that cause no harm to the surroundings is rising. For instance, chefs across the globe prefer non-stick cookware or eco-friendly pans that do not cause any harm to consumer health. Cuisinart’s green gourmet non-stick cookware is one such non-stick cookware that consumes less energy and also limits carbon emissions.
Non-Toxic Ceramic Coated Non-stick Cookware is Getting Popular:
Ceramic is considered to be the safest and environmentally friendly cookware option globally. The consumer knowledge about the product material is increasing, forcing manufacturers to come up with innovative material having no harmful effect. One such material that is gaining popularity these days is the ceramic coated non-stick cookware. The demand for ceramic coated non-stick cookware is rising because it is free of toxic chemicals like perfluorooctanoic acid (PFOA) and polytetrafluoroethylene (PTFE).
Increasing Online Sales of Non-stick Cookware:
With the increasing penetration of the internet, and the easy availability of cookware across different sales channels has increased the demand for non-stick cookware through online sale platform. Also, the sales through online-distribution channels have surged because they enable the customers to access premium and global brands with well-informed information about the product.
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Key Benefits of the Report:
- This study presents the analytical depiction of the global non-stick cookware industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global non-stick cookware market share.
- The current market is quantitatively analyzed to highlight the global non-stick cookware market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global non-stick cookware market analysis based on competitive intensity and how the competition will take shape in coming years.
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