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Enameled Cookware Market expansion in the near future at a CAGR of 6.80% during the forecast period 2023 to 2032

Consumers are turning to home-cooked meals since they are healthier and fresher as a result of rising health and wellness consciousness, which is anticipated to fuel market expansion in the near future at a CAGR of 6.80% during the forecast period 2023 to 2032.


Market Research Future (MRFR) has published a cooked research report on the “Global Enameled Cookware Market that contains information from 2018 to 2032. The enameled cookware market is estimated to register a CAGR of 6.80% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the global enameled cookware market - Le Creuset France SAS; Lodge Manufacturing Company; Tramontina USA Inc.; Cuisinart; Staub Fonderie SA; Williams-Sonoma Inc.; Vermicular; Country Door; Camp Chef; and The Coleman Company, Inc.


Enameled Cookware Market Highlights


The global enameled cookware market is accounted to register a CAGR of 6.80% during the forecast period and is estimated to reach USD 3.25 billion by 2032.


The rising demand for wholesome, home-cooked meals is one of the major factors driving the enameled cookware market. As consumers' awareness of their health increases, they search for cookware that will enable them to make wholesome meals at home. Due to its natural construction and lack of toxic or dangerous chemicals, enameled cookware provides a safe and healthy cooking alternative. The market is, however, also subject to various limitations, such as enameled cookware's high price relative to other cookware kinds. This may discourage price-conscious buyers from using enameled cookware, especially in poorer nations.


Segment Analysis


The global enameled cookware market has been segmented into product, application, and distribution channel.


On the basis of product, the market is segmented into Ovens, Pots, Pans, Bakery Tray and Others. The pans segment was attributed to holding the largest market share in 2022. They are flat-bottomed, incredibly functional kitchenware that comes in a variety of sizes and hues. Pans are a ubiquitous type of cookware used in various cooking methods and cuisines because they may be used for cooking methods like sautéing, searing, or frying that use high heat to achieve browning.


Based on application, the global enameled cookware market has been segmented into Residential and Commercial. The residential segment was expected to hold the largest market share in 2022. As living standards rise and modular kitchens gain popularity, there is a growing need for enameled cookware in both the commercial and residential sectors. Spending on home remodeling also drives up product demand because modular kitchens are an increasing consumer favorite.


Based on distribution channel, the global enameled cookware market has been segmented into Online and Offline. The offline segment was expected to hold the largest market share in 2022 because retailers like supermarkets and hypermarkets, among other kinds, provide a wide range of products in one spot. Supermarkets and hypermarkets are the main places where small household appliances are sold. These stores focus on offering the best products at substantial prices while investing money in improving their supply chain.


Regional Analysis


The global enameled 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 enameled cookware market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The enameled 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 enameled cookware market comprises of Middle East, Africa, and Latin America.


The largest market share for enameled cookware was maintained by the North American regional sector. In North America, the popularity of gourmet food and the propensity for home cooking are driving up demand for enamel cookware. In North America, enamel cookware is preferred over traditional nonstick cookware because it is more durable and healthful.


Moreover, the Europe market has been persistently growing over the forecast period because more consumers are choosing the luxury and high-end goods produced in the region. Europe's two largest markets are Germany and France. Due to low interest rates and a robust European economy, consumer demand in cookware and kitchen appliances has surged recently.


Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period. The rise in demand for enamel cookware in Asia is directly influenced by the expanding trend of smart kitchens. The expansion of the market in the region would be positively impacted by a boom in the residential sector and the trend of employing new and different types of cookware for cooking diverse cuisines.


Furthermore, the rest of the world's enameled cookware market is divided into the Middle East, Africa, and Latin America. The market in Latin America, the Middle East, and Africa is primarily driven by the region's rapid population expansion, rising levels of living, and rising proportion of working women. Demand for enameled cookware is also rising as a result of rising consumer spending and population growth.


Key Findings of the Study



  • The global enameled cookware market is expected to reach USD 3.25 billion by 2032, at a CAGR of 6.80% during the forecast period.

  • The Asia-Pacific region accounted for the fastest-growing global market. The rising trend of smart kitchens has a direct impact on the increase in demand for enamel cookware in Asia.

  • Based on application, the residential segment was attributed to holding the largest market in 2022, with an approximate market share of 45–65%.

  • Le Creuset France SAS; Lodge Manufacturing Company; Staub Fonderie SA; Tramontina USA Inc.; Cuisinart; Williams-Sonoma Inc.; Vermicular; Country Door; Camp Chef; and The Coleman Company, Inc.


 


 

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Pages 128
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