What is Stainless Steel Cookware Market?
Steel is an alloy (i.e. mixture) of mainly iron combined with up to 1.7 weight% carbon. Steel is much stronger than a regular iron, but it can rust and corrode. To make it resistant to rust and corrosion, it is combined with chrome and other elements to make stainless steel. In its simplest form, stainless steel is a steel alloy with 10.5 weight% or more chromium. Chromium makes stainless steel "passive" (i.e., non-reactive) by combining with oxygen, thus immediately forming a layer of chromium oxide that thereby prevents the process of oxidation (i.e. rusting) of the iron that is present in the stainless steel. By far stainless steel is most commonly used in cookware. The two most popular types of stainless steel are 18/10 and 18/8, which are part of the 304 series. You may have seen these numbers stamped on stainless steel cookware and wondered what they are. Let's explain what these mean. The first number refers to the amount of chromium present and the second to the amount of nickel. For example, 18/10 stainless steel is made up of 18% chrome and 10% nickel. Stainless steel cookware is widely recognized as a safe material for cookware.
The market study is being classified by Type (Pots & Pans, Grill Pans & Griddles and Other), by Application (Home Usage, Restaurant Usage and Other) and major geographies with country level break-up.
Vollrath (United States), All-Clad (United States), Anolon (United States), Calphalon (United States), Circulon (United States), Cuisinart (United States), Farberware (United States), Aaa (United States), Bon Chef (United States), Demeyere (Belgium), SUPOR (China), Thermos, LLC (United States), Fissler (Germany), Zwilling J. A. Henckels (Germany), KB Home (United States) and Norbert Woll GmbH (Germany) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Midea Group (China), Zhejiang Aishida Electric Co. Ltd. (China) and Cooker King (China).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Stainless Steel Cookware market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Stainless Steel Cookware market by Type, Application and Region.
On the basis of geography, the market of Stainless Steel Cookware has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Demand for Consumer Goods
- The Increased Utilization of Stainless Steel in Cookware
- Growing Population and Increasing Disposable Income
- The Growing Consumer Shift toward Personalized Shopping
- The Increasing Awareness of Stainless Steel Cookware Designs and Aesthetics
- The Rapid Growth in Online Sales
- Availability of Substitute Products
- The Rapid Penetration of Gas Stovetops and LPG Connections in Developing Countries
- The Growing Penetration of Technology and Internet-Enabled Devices Has Enabled Several Vendors in the Global Stainless Steel Cookware Market
- Stiff Competition among Players
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Stainless Steel Cookware Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Research Organizations and End-Users
Customization in the Report Available:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase