Nonstick Cookware Market Trends and Forecast 2019 - 2027

Thu. Mar 10th, 2022 9:51:44 PM

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Strategic Analysis to Understand the Competitive Outlook of Nonstick Cookware Market By pragati.p  FEB 11, 2022

Technological improvements and evolving consumer preferences are shaping this market at a rapid rate. Companies have always striven to monitor new developments and innovations in this category. For instance, manufacturers are providing customized cookware for cooking fish, chicken and other meat, as meat requires cookware which is well coated. Nonstick Cookware can be customized according to the requirement, requirement could be about color, size, and shape. As, some cuisines require particular kind of vessel and has feature of less oil consumption and even heats up quickly to save time According to TMR, global Nonstick cookware market was valued at US$ 19.6 Bn in 2018 and is forecast to expand at a CAGR of 4.1% from 2019 to 2027, reaching a value of US$ 28.1 Bn in 2027.

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Nonstick Cookware Market Trends and Forecast 2019 - 2027

Published on Mar 10, 2022

Abhinav Singh

The products and solutions offered by the players and manufacturers in the global nonstick cookware market are cooking utensils especially designed to reduce the risk of food items sticking to the cookware. The products in the global nonstick cookware market are considered to be the primary and one of the most common applications of non-stick coating surface engineering technology. According to the latest research report on the global nonstick cookware market by the Transparency Market Research, the market is set to expand at a significant growth rate of 4.1 % over the forecast period of 2019 to 2027. The research report also predicts that the global nonstick cookware market will rise from its recent evaluation of US$ 199.6 billion in 2018 and hit the evaluation mark of US$ 28.1 billion by the end of the forecast period i.e. 2027.

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