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Premium Report Details
Base Year: 2024
Companies covered: 15
Tables & Figures: 180
Countries covered: 18
Pages: 220
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Consumerware Market
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Consumerware Market Size
The global consumerware market was estimated at USD 117.2 Bn in 2024. The market is expected to grow from USD 121.5 Bn in 2025 to USD 171.6 Bn in 2034, at a CAGR of 3.9%. The market is driven by introduction of advanced and affordable material, rise of modular kitchen and aesthetic consumerware along with increasing spending on home remodeling and home improvement projects.
Consumerware industry has been introducing high quality and advanced materials for affordable price, ceramicware has become a popular choice in hotels because of its durability, heat resistance, and design. Such materials that are available at low prices have widened the market and increased the demand for consumerware products. The increased popularity of modular kitchens and the rising popularity for aesthetic consumerware products have fueled increased expenditure on renovation and upgrading activities.
Consumers are becoming more willing to invest in high-quality cookware and tableware products that perfectly match the modern appearance of modular kitchens. This existing trend is driving growth in the consumerware market, in the particular direction of the products responding to the aesthetic needs of modular kitchen consumers. Consumers are also actively choosing visually smart bottles, lunch boxes, and other similar products that complement the overall visual appeal of their kitchen areas.
California dominated the residential remodeling market with a market share of 13.8%, spurred on by increasing building and property rates. The fast-growing GDP, busy construction sector, and the high per capita income spurred such demand. The same has taken place in Texas as well because of the prohibitive cost of constructing new properties and the lengthy construction time frame of 9-12 months. Ontario has the biggest home renovation market in Canada. It accounts for over a third of home renovation market in Canada. According to the Pembina Institute, Canadian building and homeowners spent $80.1 billion in renovation in 2019.
Consumerware Market Trends
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Consumerware Market Analysis
The market based on material is segmented into plastic, glass, metal, ceramic, silicone and others. In 2024, the metal consumerware segment dominates the market generating revenue of USD 54.1 billion and is expected to grow at CAGR of around 4.3% during the forecast period 2025 to 2034.
The consumerware market based on distribution channels are segmented into online and offline. Offline segment made up 78% of the market in 2024.
In terms of the end user, the consumerware market is segmented into residential and commercial. Residential segment made up 74% of the market in 2024.
In terms of country, the United States led the consumerware market with about 82% of the North American market share and estimated USD 26.4 billion in revenue during 2024. The expansion of the U.S. market is primarily driven by rapidly increasing home cooking and meal prep along with technological advancement and growing trends towards smart kitchenware.
Europe: With increasing health and wellness concerns throughout Europe, consumers are becoming more interested in healthier cooking ware. This has included the emergence of non-stick cookware with no harmful chemicals, air fryers, steamers, and pressure cookers. These devices enable consumers to cook healthier foods using less oil and fat. Europe has long been leading the sustainability revolution, with consumers becoming more interested in reducing their carbon footprint. The need for kitchenware items made of recyclable material, sustainably harvested wood, bamboo, and eco-friendly plastics is on the rise.
Consumerware Market Share
Consumerware Market Companies
Major players operating in the consumerware industry are:
To improve the services and market share key players are constantly investing in technological activities and are also entering into partnerships to provide improved and better solutions for the customers. These investments are benefiting both companies and customers as they help develop and offer solutions as per the changing technological trends and thus the customer requirements.
In August 2024, in a move set to redefine convenience in kitchen shopping, Swiggy Instamart, India’s leading quick commerce platform, has announced the exclusive launch of Hawkins Cookers Limited products on its platform. For the first time, customers can order Hawkin’s cookware items, including pressure cookers, pans, and other kitchen essentials, with delivery times of under 10 minutes.
In June 2023, New York City-based, Great Jones, a rapidly rising player in premium cooking products, has been acquired by global cookware brand Meyer Corporation. The partnership aims to bring together Meyer's innovative and high-quality product and operational expertise with Great Jones's passion for equipping and empowering home cooks.
Consumerware Industry News
This consumerware market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD Billion) and volume (Million Units) from 2021 to 2034, for the following segments:
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Market, By Product Type
Market, By Material
Market, By Price
Market, By End Use
Market, By Distribution Channel
The above information is provided for the following regions and countries: