Nonstick Cookware Market Analysis, Size, Growth, Share & Forecast to 2025 | Grand View Research Inc.
The global nonstick cookware market size is expected to reach USD 12.5 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.9% over the forecast period. Rising awareness regarding convenient cooking methods among the household consumers will promote the utility of nonstick cookware products. Additionally, the number of fast food quick restaurants is increasing in developed economies including U.S. and Germany. As a result, spending on breakfast menu has been increased by companies including McDonald’s in order to cater to the working class consumers. This is expected to expand the market demand for nonstick pans and vessels over the next few years. Ceramic coated products are expected to register the fastest CAGR of 6.8% from 2019 to 2025. Consumers are inclined towards non-reactive cookware such as ceramic coated cookware, which is majorly made from aluminum and helps in quick heat transfer. Furthermore, these products have the ability to withstand the temperature up to 2,700 degrees. The supermarkets and hypermarkets segment emerged as the largest channel and generated a revenue of USD 5.4 billion in 2018. Consumers prefer to purchase through these channels on account of availability of various brands from a single