Rising demand for cookware that promotes nutritious cooking, is expected to drive market expansion in the near futureat a CAGR of 6.90% during the forecast period 2023 to 2032

Market Research Future (MRFR) has published a cooked research report on the “Global Cookware Market”that contains information from 2018 to 2032. The cookware market is estimated to register a CAGR of 6.90% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global cookware market— Groupe SEB; Werhahn Group; Target; Meyer Corporation; Fissler; Tramontina; Newell Brands Inc.; SCANPAN; TTK Prestige Ltd.; The Vollrath Co., L.L.C.; Hawkins Cookers Limited.

Cookware Market Highlights

The global cookware market is accounted to register a CAGR of 6.90 % during the forecast period and is estimated to reach USD 44.35 billion by 2032.

Globally rising income levels have increased consumers' purchasing power, allowing them to spend more on high-end cookware. People are more willing to spend money on high-quality cookware as they become more health-conscious and motivated to cook at home. Raw material price volatility: Changing raw material costs resulted in higher product prices. Significant prospects for expansion exist for the cookware industry in emerging nations due to growing urbanization, increased disposable incomes, and the development of a culinary culture. Manufacturers can access these markets by providing reasonable and regionally specific product lines.

Segment Analysis

The global cookware market has been segmented based product, material, application and distribution channel.

On the basis of product, the market is segmented Pots & Pans, Pressure Cooker, Cooking Racks, Cooking Tools and Microwave Cookware. The pots & pans segment was attributed to holding the largest market share in 2022. Because these products should hence meet the personal needs of a consumer.

Based on material, the market is segmented into Stainless Steel, Aluminum, Glass and Others. The stainless steel segment was attributed to holding the largest market share in 2022. Due to the best quality available in the market, and expanding steadily.

On the basis of application, the market is segmented into Residential and Commercial. The residential segment was attributed to holding the largest market share in 2022. Due to increase in the number of new residential structures, rapid urbanization, and nuclear family formation.

Based on distribution channel, the market is segmented into Offline and Online. The offline segment was attributed to holding the largest market share in 2022. Due to the flexibility of choice, lower costs, and increased awareness of global, those consumers can enjoy.

Regional Analysis

The global cookware market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe cookware market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The cookware market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World cookware market comprises of Middle East, Africa, and Latin America.

The largest market share for cookware was maintained by the North American regional sector. Focus on Healthy Cooking With increased knowledge of the benefits of adopting healthy eating practices, there is an increase in demand for cookware that encourages wholesome food preparation. Health-conscious people prefer non-stick cookware, steamers, and pressure cookers.  The demand for high-end cookware is growing as a result of the region's expanding residential market, which is being driven by rising household numbers and significant home remodeling initiatives by local residents. Customers in the area are probably going to spend money on high-end cookware because it matches their kitchen design.

Moreover, the Europe market has been persistently growing over the forecast period. The demand for cookware is driven by rising environmental consciousness and the establishment of strict environmental legislation. Demand for effective and time-saving cookware has increased due to the rising popularity of home entertaining and cooking. Customers are looking for products that make cooking quick and hassle-free.

Additionally, due to the increasing Most of the market is concentrated in the Asia-Pacific region. The rapid use of gas stovetops and LPG connections in developing countries was a major factor in the current year's growth of the cookware market in Asia-Pacific. Since many customers in this region favor traditional gas stovetops over induction cook tops, the Asia-Pacific region is anticipated to experience the highest exponential growth during the projected period.

Furthermore, the rest of the world's cookware market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the region's rising use of gas stovetops and LPG connections in developing countries. Government support, a rise in investor interest, and the viability of the technology in the sector are all contributing factors to the market expansion.

Key Findings of the Study

• The global cookware market is expected to reach USD 44.35 billion by 2032, at a CAGR of 6.90% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to the increasing use of gas stovetops and LPG connections by government bodies through policies and initiatives


• Based on application, the residential segment was attributed to holding the largest market share in 2022.


• Groupe SEB; Werhahn Group; Target; Meyer Corporation; Fissler; Tramontina; Newell Brands Inc.; SCANPAN; TTK Prestige Ltd.; The Vollrath Co., L.L.C.; Hawkins Cookers Limited.