LAMEA Nonstick Cookware Market

LAMEA Nonstick Cookware Market By Raw Material (Teflon Coated, Aluminum Coated, Enameled Iron Coated, Ceramic Coated, and Other Raw Materials), By Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Specialty Stores and Other channels), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027

Report Id: KBV-6920 Publication Date: November-2021 Number of Pages: 72
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Market Report Description

The Latin America, Middle East and Africa Nonstick Cookware Market would witness market growth of 7.3% CAGR during the forecast period (2021-2027).

Nonstick cookware has a coating of different materials that prevent food from sticking on the surface of the utensil. These non-stick cookware sets consist of the saucepan, frypan, stock pots, etc., which are majorly utilized at homes and commercial spaces. The increasing urbanization in this region along with the rising adoption of advanced and innovative products is anticipated to propel the growth of the regional nonstick cookware market.

The increasing preference of the customers for eating healthy food items is contributing to the surging demand for nonstick cookware in this region. In addition, several benefits offered by these nonstick products also motivate customers to spend money on them and thus, fueling the growth of the regional nonstick cookware market over the forecast period.

Factors like the high inclination of the consumers towards easy-to-clean nonstick cookware and the capability of non-stick cookware to endure very high temperatures are attracting more consumers towards its adoption. In addition, the surging number of fast-food outlets and increasing popularity of ceramic coated non-stick cookware among the consumers are projected to augment the growth of the nonstick cookware market.

Although, the huge cost attached to the non-stick cookware and the increasing accessibility of indigenous options like stainless steel and aluminum at a reduced cost along with better durability features would hinder the growth of the nonstick cookware market over the forecast period. In addition, certain nonstick cookware produces dangerous chemicals on heating that could lead to some severe health issues and thus, restrict consumers from investing in these products.

The Brazil market dominated the LAMEA Convenience Stores Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $45.3 Million by 2027. The Argentina market would witness a CAGR of 7.1% during (2021 - 2027). Additionally, The UAE market is expected to witness a CAGR of 5.9% during (2021 - 2027).

Based on Raw Material, the market is segmented into Teflon Coated, Aluminum Coated, Enameled Iron Coated, Ceramic Coated, and Other Raw Materials. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Convenience Stores, Specialty Stores and Other channels. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Global Nonstick Cookware Market is Predict to reach $14.3 Billion by 2027, at a CAGR of 6.2%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include The Cookware Company, Groupe SEB, Newell Brands, Inc., TTK Prestige Limited, Berndes Cookware (BERNDES Küche GmbH), Crown Cookware, Meyer Corporation (Meyer Manufacturing Co. Ltd.), Scanpan USA, Inc., and Hawkins Cookers.

Scope of the Study

Market Segments Covered in the Report:

By Raw Material

  • Teflon Coated
  • Aluminum Coated
  • Enameled Iron Coated
  • Ceramic Coated,
  • Other Raw Materials

By Distribution Channel

  • Supermarkets & Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Other channels

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • The Cookware Company
  • Groupe SEB
  • Newell Brands, Inc.
  • TTK Prestige Limited
  • Berndes Cookware (BERNDES Küche GmbH)
  • Crown Cookware
  • Meyer Corporation (Meyer Manufacturing Co. Ltd.)
  • Scanpan USA, Inc.
  • Hawkins Cookers
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