Non-stick cookware is experiencing an increasing development as people are progressively aware of how the product helps helps to reduce their excessive oil consumption and its ability to quicken the cooking process. Its easy cleanability, scratch-resistant, and uniform heat distribution are increasing its demand. The rising manufacturing of induction-friendly products with multiple attractive attributes is acting as an opportunity for the market growth. For instance, Nirlon comes up with induction friendly, innovative non-stick ceramic cookware set, which has heat and stain resistant and also posses an extra protective layer.
The food and beverage products experiencing an escalating consumption worldwide has a vital impact on the growing demand for non-stick cookware. The rising growth of food catering business in various countries around the world is likely to surge the market growth. For instance, according to the Department for Environment food & Rural Affairs data released. November 2020, is proclaiming that in 2018 the non-residential catering business in the United Kingdom is evaluated to be worth USD 48.13 billion.
Nevertheless, lack of high-temperature resistance resulting to non-stick coating meltdown in most products acts as a hampering factor for the market growth.
KEY PLAYERS COVERED:
The non-stick cookware market is segmented into by material type, end-use, distribution channel , and geography.
On the basis of material type, the market is fragmented into Teflon coated, anodized aluminum coated, ceramic coating, enameled iron coated, and others.Teflon coated is projected to be the dominant owing to its high cold,heat, and chemical resistant capability, and its excellent electrical conductive property makes it more desirable.
Based on end-use, the market is bifurcated into residential and commercial. Residential is estimated to be the larger market on account of large number of households increasingly preferring non-stick cookware over regular cookware due to owning numerous attractive features that help to simplify the cooking process.
By sales channel, the market is divided into supermarket/hypermarket and e-commerce stores. Supermarket/hypermarket is anticipated to be the leading segment due to the availability of multiple brands in one place, which helps to attract more consumers as they often wants to compare the quality and price of multiple products.
Post time: Aug-31-2022