The North America Nonstick Cookware Market would witness market growth of 4.9% CAGR during the forecast period (2021-2027).
Cooking is the basic necessity required for human survival; some people choose it as a profession as per their personal interest. In earlier times, people used mud pots or earthen cookware for the purpose of cooking food. However, the evolution of humans and the changing dynamics of the environment, economy, and technology have contributed to the increasing production of new-age cookware products with different features.
The growth of the nonstick cookware market is attributed to the factors like a growing number of chefs, increasing preference of people in cooking practices, and rising popularity of cooking shows. Additionally, increasing involvement of children in cooking to experiment with new dishes, high popularity of global level cooking competitions, and the emergence of some new dishes that need specialized cookware are among the key aspects fueling the growth of the nonstick cookware market over the forecast period.
The demand for nonstick cookware is increasing across various nations of this region due to the increasing health awareness among customers and the rising popularity of cook at home culture. In addition, the presence of key market players that are offering their innovative product range is also augmenting the demand for nonstick cookware in this region. There is a wide range of benefits offered by nonstick cookware, which is attracting more customers and hence propelling the growth of the regional market.
Moreover, the amount of oil and butter used while preparing food in nonstick cookware is very less as compared to traditional cookware. Due to this, the population of health-conscious and fitness freaks is slowly moving towards these items. Cooking food in the nonstick pans is very easy as food does not stick at the base and people do not need to put additional efforts to clean it. Therefore, customers are likely to increase their spending on the nonstick cookware, hence accelerating the growth of the regional market.
The USA market dominated the North America Ceramic Coated Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $238 Million by 2027. The Canada market is experiencing a CAGR of 7.4% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 9.5% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Nonstick Cookware Market is Estimated to Reach USD 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.
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