One of the major drivers of growth is expected to be the growing popularity of professional cooking at home with specialized cookware products, the growing popularity of casual dining, and the growing preference for fine dining. North America is projected to be the fastest-growing market for cookware. Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. Based on product, the market is segregated into pots & pans, soup ladle, spoon, and whisk. Further, based on the application the market is classified into residential, and commercial. Based on the material, the market is further classified into stainless steel, aluminium, and others (glass). The global Cookware market is segmented based on material, applications, and product.
Therefore, this has increased the product demand due to the growing popularity of home cooking, particularly during the ongoing COVID-19 pandemic. These factors have encouraged manufacturers to produce a wide range of electric cookware propelling the overall market of cookware.ĬOVID-19 had a positive impact on the cookware market as due to restricted lockdowns have influenced them to improve their cooking skills as well as try new recipes at home. Moreover, the consumers are also preferring more electric cookware due to rising urban populations with an ever-rising middle class in emerging economies such as China and India. Therefore, this factor majorly contributes to the demand of the cookware market in the hospitality sector.
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