The global non-stick cookware market size was valued at USD 7.62 billion in 2023. The market is projected to grow to USD 11.73 billion by 2030, depicting a CAGR of 6.4% during the forecast timeframe of 2024-2030.

Many non-stick cookware manufacturers are coming up with various matte-finished and vibrant-colored products to cater to homeowners’ kitchen decoration needs. Moreover, the preference for non-stick cooking products is rising across households as they are much easier to wash as compared to conventional utensils. These factors are set to boost the global non-stick cookware market growth in the coming years.

Fortune Business Insights™ displays this information in a report titled, "Global Non-stick Cookware Market, 2023-2030."

Information Source: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/non-stick-cookware-market-105006 

Top Leading Players Covered in the Non-stick Cookware Market:

• Groupe SEB (France)
• TTK Prestige Ltd. (India)
• Moneta Cookware (Italy)
• Newell Brands (U.S.)
• Bradshaw International, Inc. (U.S.)
• Meyer International Holdings, Ltd. (U.S.)
• StoveKraft (India)
• Conair Corporation (U.S.)
• The Cookware Company (U.S.)
• Bundy Baking Solutions (U.S.)

Report Coverage:

The research report entails a detailed analysis of the market to understand and highlight critical aspects, such as material types, distribution channels, prominent companies, and end-uses of the product. In addition, the report offers actionable insights into the market trends and competitive landscape, highlighting noteworthy industry developments and the market forecast.

Drivers and Restraints:

Introduction of Innovatively Designed Non-stick Products to Accelerate Industry Expansion

Growing sales of innovatively designed cooking appliances is expected to spur market progress. Nowadays, maids and chefs are becoming concerned about the scratching of non-stick pans while cooking food at higher temperatures. It has prompted manufacturers to launch innovative pots and pans to avoid scratching and help customers simplify their cooking & cleaning processes.

However, using damaged or Teflon-coated non-stick cookware has been linked with several health problems. These may range from fever and headache to more complicated ailments such as kidney cancer. These factors could limit the product adoption to some extent.

Segments

Extreme Corrosion Resistance Properties to Help Teflon Coated Segment to Bolster Market Growth

In terms of material type, the market is segmented into Teflon coated, anodized aluminum coated, ceramic coated, enameled iron coated and others. The Teflon/PTFE material segment is anticipated to hold a major market share due to its beneficial properties such as robustness, durability, and satisfactory usability.

Significant Non-stick Kitchenware Demand from Households May Foster Residential Segment Growth

In terms of end-use, the market is bifurcated into residential and commercial. The residential segment is predicted to dominate the market due to the rising construction of residential infrastructural facilities and evolving kitchen decoration trends.

Wide Availability of Kitchenware Items to Fuel Supermarkets & Hypermarkets Segment Expansion

Based on distribution channel, the market is segmented into specialty stores, supermarkets & hypermarkets, online stores, and others. The supermarkets & hypermarkets segment might capture a sizeable industry share as these stores offer better accessibility to a variety of kitchenware items in one place.

Geographically, the market is studied across North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

Regional Insights:

Rising Production of Hard Anodized Aluminum Coated Cookware to Boost Asia Pacific Market Progress

The Asia Pacific global non-stick cookware market share reached USD 2.36 billion in 2022. India, China, and South East Asia, are extensively using cookware & bakeware products. Establishment of expansive manufacturing plants to produce hard anodized aluminum-coated cookery items in India, China, and Japan is anticipated to surge the product demand across Asia Pacific. For example, in 2022, the average monthly manufacturing capacity of SHANGHAI GUANHUA STAINLESS STEEL PRODUCTS CO., LTD., a Chinese producer of stainless steel cookery products, reached 700,000 to 800,000.

Competitive Landscape:

Leading Companies to Adopt Innovation and Production Capacity Expansion Strategies to Increase Market Presence

Leading organizations, such as Groupe SEB, TTK Prestige Ltd., and others, are producing and supplying non-stick cookware products that are equipped with innovative technologies to boost their brand image and customer satisfaction. These global brands are opening new production facilities to build their manufacturing base and reinforce their market position.

For instance, in November 2021, Wonderchef Home Appliances Pvt. Ltd., an Indian kitchen appliances supplier, teamed up with Sixth Sense Ventures to invest USD 20.15 million to strengthen the former’s online presence, distribution network, and manufacturing base for its 600 non-stick cookery items and appliances in India.

Key Industry Development:

• September 2021 - Groupe SEB introduced ‘Recycle with Tefal’, a cookware recycling campaign to collect old aluminum cooking items from UAE-based consumers and offer them Tefal’s ‘Eco Respect’ cookware range in exchange in the country.