The global enameled cookware market is currently valued at US$ 1.95 Billion in 2023 and is anticipated to expand at a CAGR of 6.45%. Owing to the technological advances in healthcare sector the market is likely to propel to US$ 3.64 Billion by 2033.
Increasing awareness among the consumers about the health issues associated with aluminum, coated and non-stick cooking utensils are some of the main factors that drive the growth of the global market for enameled cookware during the forecast period.
The increasing number of restaurants and hotels is likely to fuel the market’s expansion. Enamelled cookware are commercially used because of its excellent warming capacity, which ensures that food is crisp and properly cooked while also ensuring that the utensil is not easily damaged. This offers a lucrative growth opportunity for the market.
Industry leaders are investing heavily in R&D to provide cookware products that suit every aspect of consumer needs, which is driving the enameled cookware market. North America and Europe are expected to be leading markets for enamelled cookware and are expected to continue their dominance through the assessment period.
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Key Takeaways from the Market Study
- As of 2023, the enameled cookware market was valued at US$ 1.95 Billion
- From 2023 to 2033, the industry is poised to grow at a 6.4% CAGR
- By 2033, enameled cookware market is slated to reach a valuation of US$ 3.64 Billion
- By distribution channel, the offline segment accounted for the largest share of 70.3% and is expected to continue this trend over the forecast period.
- China is poised to yield a CAGR of 6.2% with respect to enameled cookware in 2033
“Growing per capita income and increased spending on kitchenware are expected to radically transform the enameled cookware market in the coming years,” comments an analyst at FMI.
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Competitive Landscape
Le Creuset France SAS, Staub Fonderie SA, Lodge Manufacturing Company, Tramontina USA Inc., Cuisinart, Williams-Sonoma Inc., Vermicular, Country Door, Camp Chef, The Coleman Company, Inc are some of the key companies in the enamelled cookware market.
These players are continuously adopting various strategies such as new product launches, facility expansions, mergers, collaborations, partnerships, and acquisitions to increase their revenue share and gain a competitive edge in the market. for instance,
- In March 2022: Le Creuset recently launched a new piece of cookware designed to help bake bread, the Le Creuset Bread Oven. The brand says it can also use to make baked goods, meat and vegetables.
- In March 2022– The Fulham Group, the exclusive Cuisinart® brand licensee for outdoor grilling products, has debuted an Outdoor Heating collection that brings style and warmth to outdoor entertaining spaces.
- In October 2022, Lodge Manufacturing Company expanded and reconfigured its existing facility in South Pittsburg with USD 56 million investment, thereby creating 239 new jobs in the process.
More Valuable Insights Available
FMI, in its new offering, presents an unbiased analysis of the enamelled cookware market, presenting historical demand data (2017-2021) and forecast statistics for the period of 2022-2032.
The study divulges essential insights on the Enameled Cookware Market by Market by Product (Ovens, Pots, Pans, Bakery Tray, Others) by application (Residential, commercial) by Distribution Channel (Online, Offline) By Region – Global Forecast 2022-2032
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