The nonstick cookware market currently witnesses a modest growth, with demand for more convenient and fast cooking methods on the rise. Growing willingness of consumers for spending on new consumer goods variants, coupled with their changing lifestyle choices, is further underpinning growth of the nonstick cookware market. These insights are obtained from the report titled “Nonstick Cookware Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025,” added recently to the vast repository of XploreMR.
The report projects the nonstick cookware market to exhibit a moderate 4.1% value CAGR during the period of forecast, 2017 to 2025. Manufacturers’ labels warn consumers in avoiding high temperatures while cooking on nonstick cookware, which has remained a major challenge to be addressed in the nonstick cookware market. In addition, the Environmental Working Group (EWG)-commissioned tests have showed that cookware coated with non-stick surfaces exceed threshold temperatures in just 2-5 minutes, making the coating surface break and emit toxic gases and particles, thereby contaminating the food. A large number of prominent companies operating in the nonstick cookware market are therefore focusing on the development of newer coating materials for ensuring better durability of the products.
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Nonstick Cookware Market: Report Synopsis
This report provides analysis and forecast on the nonstick cookware market for the period of forecast between 2017 and 2025, and covers all major dynamics – drivers, challenges, opportunities and trends – impacting growth of the nonstick cookware market. A holistic perspective has been offered by the report on the nonstick cookware market, and the market size has been evaluated and represented in terms of revenue (US$ Mn) and volume (Mn Units). The report further tracks positioning of major nonstick cookware manufacturers on the basis of their regional presence, and also offers information on key recent developments made by these market players.
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An overview of the nonstick cookware market has been offered in a weighted section of the report, which includes an attractiveness analysis that provides a thorough assessment on the competitive landscape of the nonstick cookware market worldwide. Intelligence on various expansion strategies adopted by key players in the nonstick cookware market has also been delivered in the report. In addition, the report offers a brief introduction to the market, along with a formal definition of the target product “non-stick cookware.”
Nonstick Cookware Market: Research Methodology
Forecast and Insights offered on the nonstick cookware market are based on a robust, proven and tested research methodology, which involves a perfect amalgamation of primary and secondary researches. Comprehensive secondary research conducted by analysts who have developed this report has aided in arriving at key data points that comprise regional-split of the nonstick cookware market on the basis of segmentation included.
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Forecast on the nonstick cookware market is provided in terms of revenues procured from nonstick cookware sales across the globe. Information and insights from secondary researches are then validated through intelligence gained from extensive primary interviews conducted by analysts with leading industrialists and prominent market players. Data obtained has further been triangulated via different analyses with respect to dynamics, supply side, and demand side trends of the nonstick cookware market.