Non-Stick Cookware Market Projected to Hit USD 25.3 Billion by 2030, Fueled by Growing Health Consciousness and Preference for Low-Fat Cooking, Persistence Market Research

Rising demand for non-stick cookware, featuring IoT integration for precise control and customizable, ergonomic designs. Steady growth projected in both residential and HoreCA sectors in the U.S

New York, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Market Size & Overview: 

In 2023, the global non-stick cookware market boasted a valuation of approximately USD 20.13 billion, with projections indicating a substantial growth to reach USD 25.3 billion by 2030. The sector is anticipated to witness a commendable Compound Annual Growth Rate (CAGR) of 6.4% during the forecast period.

A key driving force behind this surge is the escalating health consciousness among consumers, propelling increased sales in the non-stick cookware market. The evolving landscape of cooking trends reflects a broader shift towards healthier lifestyles and a surge in home-cooked food recipes.

Television programming dedicated to food and recipes, particularly targeted at housewives, has inspired a growing number of consumers to experiment with new cuisines. This phenomenon has translated into a heightened demand for non-stick cookware products. The popularity of non-stick cookware is further augmented by its ability to facilitate cooking with minimal oil, aligning with health-conscious consumer preferences.

The surge in consumer interest in gourmet cooking, driven by television shows and celebrity endorsements, has significantly contributed to the rising prominence of non-stick cookware. European culinary practices and excellence have gained substantial popularity, further boosting the adoption of non-stick cookware.

A noteworthy trend in the market is the growing preference among consumers for non-harmful and non-stick ceramic cookware, leading to a shift from Teflon-coated options. Modern stores, followed by departmental stores, have emerged as primary sales channels for non-stick cookware.

The expansive product portfolios offered by various brands, featuring the latest models and enhanced visual appeal, have played a pivotal role in driving sales in this category. The market dynamics suggest a gradual transition in consumer preferences, emphasizing the significance of non-stick cookware, particularly those with ceramic coatings, in the evolving culinary landscape.

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Market Scope:

 Report Coverage

 Details

Market Revenue 2023

USD 20.13 billion

Estimated Revenue 2030

USD 25.3 billion

Growth Rate - CAGR

6.4%

 

Forecast Period

2023-2030

No. of Pages

340 Pages

Market Segmentation

Price Range, Material, Sales Channel, End User, Region

Regions Covered

North America, Latin America, Europe, South Asia & Pacific, East Asia, The Middle East & Africa

Key Companies Profiled

Bradshaw International, Conair Corporation, Groupe SEB, Calphalon (Newell Brands LLC), Cook N Home, Cuisinart, Denby Group Limited, Cook N Home, Nordic Ware, Regal Ware, Inc.,

Emerging Top 8 Trends Non-stick Cookware Market:

  1. Eco-friendly Materials: There was an increasing demand for non-stick cookware made from environmentally friendly materials, such as ceramic or plant-based coatings, to address concerns about traditional non-stick coatings containing PFOA (perfluorooctanoic acid).

  2. Health and Safety: Consumers were becoming more health-conscious, leading to a rise in demand for non-stick cookware that was free from harmful chemicals and toxins. Manufacturers were responding by developing products with PFOA-free coatings.

  3. Versatility: Multifunctional and versatile non-stick cookware, which can be used on various cooking surfaces (including induction cooktops), was gaining popularity.

  4. Innovative Designs: Cookware with innovative designs and features, such as detachable handles, stackable sets, and heat-resistant handles, were becoming more prevalent.

  5. Smart Cooking Technology: Integration of smart technology into non-stick cookware, such as sensors or indicators to monitor cooking temperature, was a developing trend.

  6. Customization: Personalization and customization options for non-stick cookware, such as color choices and size variations, were becoming more common to cater to diverse consumer preferences.

  7. Durability and Longevity: Consumers were looking for non-stick cookware with enhanced durability and longevity, leading to the development of more robust coatings and materials.

  8. Online Retail Growth: The non-stick cookware market was witnessing growth in online retail, with consumers’ increasingly purchasing cookware through e-commerce platforms due to convenience and a wide range of options.