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Kitchenware industry seem to be consolidated in nature due to presence of local and global players across the globe. In 2023, the market players such All-Clad Metalcrafters LLC, Breville Group Limited, Cuisinart, Farberware, Fissler GmbH, Henckels, Joseph Joseph Ltd., KitchenAid, Le Creuset collectively held around 5%-10% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.
Major players operating in the Kitchenware industry are:
In 2023, cookware segment of market was worth USD 28.5 billion and is expected to reach USD 43.2 billion by 2032, due to increased interest in healthy cooking methods, favoring the demand for non-stick pans, steamers, and cookware that minimize the use of fats and oils.
Kitchenware industry was valued at USD 70.1 billion in 2023 and is estimated to record a CAGR of 4.4% through 2032, due to the growing interest in cooking as a hobby and the popularity of cooking shows and social media influencers.
North America kitchenware market was valued around USD 18.5 billion in 2023 and is expected to reach USD 27.7 billion by 2032, backed by a strong focus on health and wellness, which drives demand for utensils that support healthy cooking methods.
Farberware, Fissler GmbH, Henckels, Joseph Joseph Ltd., KitchenAid, Le Creuset, Lodge Manufacturing Company, Mauviel 1830, OXO Good Grips, and Paula Deen Collections among others.