Market Overview:
The global cooking utensil market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising disposable income, changing lifestyle and growing demand for premium kitchen appliances. Stainless steel cooking utensils are expected to dominate the market during the forecast period owing to their properties such as durability and corrosion resistance. Aluminum cooking utensils are also anticipated to witness high growth due its properties such as lightweight and heat conductivity. Asia Pacific is expected to be the fastest-growing region in terms of revenue during the forecast period followed by Europe.
Product Definition:
A cooking utensil is an implement that is used in the kitchen for cooking. Some common examples are pots, pans, knives, and spoons. Cooking utensils are important because they help you to cook food properly.
Stainless Steel Cooking Utensil:
Stainless steel cooking utensil is a must for the modern cook. It's easy to maintain, durable and flexible nature has made it an essential product in kitchen equipment industry. The growth of stainless steel cooking utensils market is attributed to its durability and flexibility which makes it an ideal product for household as well as commercial use.
The global stainless steel cooking utensil market size was valued at USD 1,278 million in 2015.
Aluminum Cooking Utensil:
Aluminum is a conductor of heat and helps in conducting the heat from one place to another quickly. It also allows for even distribution of heat which makes it an ideal material to use while cooking. Aluminum utensils are non-sticky, lightweight, and easily available in comparison with other materials like steel or cast iron. These factors make aluminum an ideal material for kitchen utensils including frying pans, whisks, pots etc.
Application Insights:
Commercial use was the dominant application segment in 2017 and is expected to continue its dominance over the forecast period. The commercial sector mainly comprises of hotels, restaurants and food chains. These establishments cook huge quantities of food every day using various utensils which require regular cleaning or replacement as they get contaminated with bacteria easily. This has led to an increased demand for cooking utensils that can be used without getting contaminated.
Residential application is expected to grow at a CAGR of XX% from 2018 to 2030 owing to increasing adoption of stainless steel cooking utensils among working professionals in developed economies including Germany, France and UK due to their hygienic properties along with enhanced durability compared to other materials used for manufacturing these products.
Regional Analysis:
Asia Pacific dominated the global cooking utensil market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing disposable income, growing population, and changing food habits of consumers. The Asia Pacific region comprises developing economies such as India and China that are witnessing rapid growth in urbanization along with rising standards of living. These factors are expected to drive demand for various household cooking appliances including cookware over the next eight years.
The Asia Pacific region accounted for more than 35% share of total revenue in 2017 owing to high demand from developing countries such as India, Indonesia, Vietnam, Thailand among others which have a large youth population looking for convenient ways of preparing healthy meals at home efficiently using different types of cookware products including stainless steel or aluminum based ones with different features such as easy-to-clean surface or lightweight design etc., which will further boost industry growth during the forecast period from 2018 to 2030 timeframe.
Growth Factors:
- Rising disposable income of the population: The cooking utensil market is expected to grow as the disposable income of the population rises. This is because people would be more inclined to spend on better quality and more expensive cooking utensils.
- Increasing demand for premium kitchen appliances: There is a growing demand for premium kitchen appliances, such as high-end cookware and bakeware sets. This is driving manufacturers to focus on innovation and design in their products, which in turn is benefiting the overall cooking utensil market growth.
- Growing popularity of healthy eating trends: There has been a growing trend towards healthy eating in recent years, with people becoming more interested in preparing home-cooked meals using fresh ingredients instead of processed foods. This has led to an increase in demand for quality cookware that can help prepare healthier meals quickly and easily.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cooking Utensil Market Research Report
By Type
Stainless Steel Cooking Utensil, Aluminum Cooking Utensil, Other
By Application
Commercial Use, Residential Use
By Companies
Breville, Fagor, Cuisinart, KitchenAid, Philips, Tefal, Sage, Morphy, Elegento, Lakeland, Ninja, Midea, Supor
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Cooking Utensil Market Report Segments:
The global Cooking Utensil market is segmented on the basis of:
Types
Stainless Steel Cooking Utensil, Aluminum Cooking Utensil, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Use, Residential Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Breville
- Fagor
- Cuisinart
- KitchenAid
- Philips
- Tefal
- Sage
- Morphy
- Elegento
- Lakeland
- Ninja
- Midea
- Supor
Highlights of The Cooking Utensil Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Stainless Steel Cooking Utensil
- Aluminum Cooking Utensil
- Other
- By Application:
- Commercial Use
- Residential Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cooking Utensil Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A cooking utensil is a tool used in the kitchen to cook food.
Some of the major companies in the cooking utensil market are Breville, Fagor, Cuisinart, KitchenAid, Philips, Tefal, Sage, Morphy, Elegento, Lakeland, Ninja, Midea, Supor.
The cooking utensil market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cooking Utensil Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cooking Utensil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cooking Utensil Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cooking Utensil Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cooking Utensil Market Size & Forecast, 2018-2028
4.5.1 Cooking Utensil Market Size and Y-o-Y Growth
4.5.2 Cooking Utensil Market Absolute $ Opportunity
Chapter 5 Global Cooking Utensil Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cooking Utensil Market Size Forecast by Type
5.2.1 Stainless Steel Cooking Utensil
5.2.2 Aluminum Cooking Utensil
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cooking Utensil Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cooking Utensil Market Size Forecast by Applications
6.2.1 Commercial Use
6.2.2 Residential Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cooking Utensil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cooking Utensil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cooking Utensil Analysis and Forecast
9.1 Introduction
9.2 North America Cooking Utensil Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cooking Utensil Market Size Forecast by Type
9.6.1 Stainless Steel Cooking Utensil
9.6.2 Aluminum Cooking Utensil
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cooking Utensil Market Size Forecast by Applications
9.10.1 Commercial Use
9.10.2 Residential Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cooking Utensil Analysis and Forecast
10.1 Introduction
10.2 Europe Cooking Utensil Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cooking Utensil Market Size Forecast by Type
10.6.1 Stainless Steel Cooking Utensil
10.6.2 Aluminum Cooking Utensil
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cooking Utensil Market Size Forecast by Applications
10.10.1 Commercial Use
10.10.2 Residential Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cooking Utensil Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cooking Utensil Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cooking Utensil Market Size Forecast by Type
11.6.1 Stainless Steel Cooking Utensil
11.6.2 Aluminum Cooking Utensil
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cooking Utensil Market Size Forecast by Applications
11.10.1 Commercial Use
11.10.2 Residential Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cooking Utensil Analysis and Forecast
12.1 Introduction
12.2 Latin America Cooking Utensil Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cooking Utensil Market Size Forecast by Type
12.6.1 Stainless Steel Cooking Utensil
12.6.2 Aluminum Cooking Utensil
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cooking Utensil Market Size Forecast by Applications
12.10.1 Commercial Use
12.10.2 Residential Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cooking Utensil Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cooking Utensil Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cooking Utensil Market Size Forecast by Type
13.6.1 Stainless Steel Cooking Utensil
13.6.2 Aluminum Cooking Utensil
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cooking Utensil Market Size Forecast by Applications
13.10.1 Commercial Use
13.10.2 Residential Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cooking Utensil Market: Competitive Dashboard
14.2 Global Cooking Utensil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Breville
14.3.2 Fagor
14.3.3 Cuisinart
14.3.4 KitchenAid
14.3.5 Philips
14.3.6 Tefal
14.3.7 Sage
14.3.8 Morphy
14.3.9 Elegento
14.3.10 Lakeland
14.3.11 Ninja
14.3.12 Midea
14.3.13 Supor
