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Smart kitchen appliances, such as smart refrigerators, ovens, and coffee makers, are increasingly popular. These devices offer connectivity features like remote control via smartphone apps, voice assistant integration, and real-time monitoring. There is a growing demand for kitchenware made from recycled or upcycled materials, such as recycled plastic or bamboo. Consumers are seeking products that align with their environmental values. Consumers are looking for versatile kitchenware that can perform multiple functions, such as food processors with various attachments or cookware that can go from stovetop to oven.
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.