Non-Stick Pans Market Analysis, Growth, Share, Industry Trends, Supply Demand, Forecast and Sales to 2028
10 May 2019 - Global Non-Stick
Pans Market is estimated to grow
considerably in the forecast period due to increasing awareness among consumers
for convenient and healthy cooking practices. Non-stick pans are the modern
cookware used to cook several delicacies. They have gained popularity in the
recent past due to features, such as easy cleaning and drying, sleek design of
the pan, cooking with less or no oil or butter, scratch resistant, and performs
uniform distribution of heat. In addition, non-stick coating pan works on
smaller flames to consume a good quantity of heat energy for cooking.
The
major drivers of non-stick pans market include growing urbanization, changing
lifestyle of consumers of urban areas, increase in disposable income of
consumers, easy availability of wide range of non-stick pans online with sleek
and compact designs, and growing e-commerce penetration on the global scale.
Additionally, high adoption of non-stick pans is also attributed to better
convenience and health benefits since it allows cooking with less oil without
compromising on the food taste. However, growing inclination towards more
indigenous and healthy substitutes like aluminium, glass ware, and stainless
steel is hampering the market.
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Rise
in online sales of non-stick pans is an emerging trend in the non-stick pans
market. Nonetheless, unstable prices of raw materials used in the making of
non-stick pans is ultimately affecting the manufacturing cost and profit margin
for market players. Hence, unstable prices of aluminium affecting external
factors is challenging the manufacturers.
Non-stick
pans market is categorized on the basis of product type, distribution channel,
and geography. Based on product type, market is divided into anodized aluminium
coated, teflon coated, ceramic coating and enamelled iron coated. Aluminium
coated segment is expected to hold larger share of the market in comparison to
others due to increasing use in non-stick pans and other non-stick cookware.
In
terms of distribution channel, market is divided into offline distribution
channel and online distribution channel. Online distribution of non-stick pans
has increased over the years due to increased internet penetration, rise in
disposable income of consumers and availability of a wide range of products for
consumers to choose from.
Geographically,
non-stick pans market is segmented as North America, South America, Europe,
Asia Pacific, and Middle East & Africa. North America, followed by Europe
are predicted to dominate the market in the forecast period owing to high
demand for safe and modern cookware. Asia Pacific also contribute significantly
to the market due to growing urbanization, improving lifestyle, and increase in
demand for stylish cookware from the urban population.
The
major players in non-stick pans market include The 3M Company, Shanghai 3F
Materials Co. Ltd., Asahi Glass Company, GMM Development Ltd., Gujarat
Fluorochemicals Ltd., Zhejiang Juhua & Co., Shamrock technologies, Daikin
Industries, Chenguang Group, Shanghai 3F Materials Co. Ltd., Chemours Company,
Wujiang City Meilan Rubber & Plastic & Textile Co. Ltd., HENGTONG
FLUORINE, Akzo Nobel, Solvay S.A., E. I. DuPont De Nemours and company, MBI,
WEILBURGER, Arekma S.A., and Quadrant AG.
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Market Segment:
Leading players of Non-Stick Pans
including:
•
Meyer Corporation
•
NEWELL
•
BERNDES
•
Maspion
•
The Cookware Company
•
Neoflam
•
TTK Prestige
•
Hawkins Cookers
•
Cuisinart
•
Le Creuset
•
Cinsa
Market split by Type, can be divided
into:
•
PTFE-based Non-Stick Pans
•
Ceramic-based Non-Stick Pans
Market split by Application, can be
divided into:
•
Commercial
•
Residential

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