Enameled Cast Iron Cookware Market is expected to grow at a considerable rate by 2030, with a growing CAGR (Compound annual growth rate) over 2022-2030.
The Global Enamelled Cast Iron Cookware Market is valued at USD 513.8 billion in 2022 and is projected to reach a value of USD 777.3 billion in 2030 expanding at a CAGR of 5.0% over the forecast period of 2022-2030.
Global Enamelled Cast Iron Cookware Market– Overview
The cast iron cookware is preferred over cast aluminium. The cast aluminium variant, in most cases, has been a synthetic, food-safe non-stick surface that mainly does not require seasoning.
The abrasive tools cannot be used on cast aluminium. This is because they scratch the non-stick surface. Also, the Growth of the aluminium cookware market is primarily because of the increasing demand for disposable kitchen appliances as cast iron is considered a healthier alternative to aluminium.
Additionally, cast iron is a material that has been used to make cookware for hundreds of years. This is because it holds heat in a better way and is made of an iron alloy and is rich in carbon.
Cast iron cookware is naturally non-stick if seasoned properly that makes it a better material within the mentioned application segments.
Key Market Trends
Every market has its growth determinant and challenges. One of the major factor that has fuelled the market growth over the forecast period is the high demand from industries.
The high demand from industries that includes, smart kitchen appliances, non-stick cookware, and stainless cookware have boosted the market growth over the forecast period. This is because cast iron is a strong metal, which is an excellent material for cooking food and it absorbs heat well.
Also, the rise in single-individual family units and growth in awareness about the immense advantages of cast iron cookware are the drivers of the Global Enamelled Cast Iron Cookware Market over the forecast period.
Growth in online retailing has also been boosting the global enamelled cast iron cookware market over the forecast period. Internet retailing is gaining popularity among customers, as these customers are moving away from brick-and-mortar stores. Many online retailers provide product information on their websites to make it easy for customers to choose and compare products.
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Segmental analysis of the market
Based on Product Type
The enamel coated segment has dominated the market growth over the forecast period.
Based on Style
The Dutch ovens segment has dominated the market growth over the forecast period.
Based on End User
The household segment has dominated the market growth over the forecast period.
Asia Pacific is anticipated to amplify at a considerable CAGR
The Global Enamelled Cast Iron Cookware Market is segmented into 4 main regions namely, north America, Europe, Asia Pacific, and Middle east and Africa. Among these, Asia Pacific has dominated the market growth over the forecast period. This is because the customer base of cast iron cookware has been rising at a promising pace in Asia Pacific over the last few years, as they are increasingly becoming aware of the potential health hazards associated with non-stick and aluminium cookware.
Competitive Landscape
Some of the prominent companies operating in the market are Staub USA, Inc., The Coleman Company, Inc., Tramontina USA, Inc., Lava Cookware USA, The Vollrath Company LLC, FINEX Cast Iron Cookware Co., Le Creuset of America, Inc., Lodge Manufacturing Company, Meyer Corporation, Camp Chef, Inc., and American Metalcraft, Inc.
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Enameled Cast Iron Cookware Market , Global Enameled Cast Iron Cookware Market , Enameled Cast Iron Cookware Market 2022 , United States Enameled Cast Iron Cookware Market
Nov 07, 2022