Published Date: 30-Nov-2022
Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
According to a new report, published by KBV research, The Global Enameled Cookware Market size is expected to reach $2.2 billion by 2028, rising at a market growth of 5.9% CAGR during the forecast period.
The Commercial market is exhibiting a CAGR of 6.8% during (2022 - 2028). The expansion of hotels, restaurants, cafes, and bakeries around the world is responsible for the commercial sector's strong growth. The hotel industry has expanded as a result of changes in the hospitality industry, which has increased the number of hotels being built throughout the world.
The Offline market is leading the segment in the Global Enameled Cookware Market by Distribution Channel in 2021; thereby, achieving a market value of $1.5 billion by 2028. Customers can benefit greatly from the offline distribution channel's freedom of choice, lower costs, and prominent display of multinational brands. Due to the expansion of the market, all these characteristics make this channel an ideal platform for all kinds of clients.
The Ovens market is registering a CAGR of 6.4% during (2022 - 2028). Ovens are especially growing in popularity in many developing regions. These are versatile and can be utilized for many purposes, and as such their demand has further increased in the post-pandemic phase. Most modern ovens can be used on a gas top or burner similar to a stockpot.
The Europe market dominated the Global Enameled Cookware Market by Region in 2021; thereby, achieving a market value of $758.6 million by 2028. The North America market is anticipated to grow at a CAGR of 5.7% during (2022 - 2028). Additionally, The Asia Pacific market would witness a CAGR of 6.7% during (2022 - 2028).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Newell Brands, Inc. (Calphalon), Williams-Sonoma, Inc., Camp Chef (Vista Outdoor Inc.), Le Creuset France SAS, Lodge Manufacturing Company, Tramontina, Cuisinart (Conair Corporation) and Country Door.
By Distribution Channel
Unique Offerings from KBV Research