The Business Research Company’s Kitchenware Global Market Report 2024 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Kitchenware Global Market Report 2023 evaluates kitchenware market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global kitchenware market is expected to grow from $65.44 billion in 2023 to $69.21 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to culinary trends, innovation in cookware, urbanization, healthy eating. The kitchenware market size is expected to see steady growth in the next few years. It will grow to $84.02 billion in 2028 at a compound annual growth rate (CAGR) of 5.0%.
The increasing number of food retail chains, restaurants and hotels is expected to propel the growth of the kitchenware market going forward. Food retail chains refer to networks of interconnected stores offering diverse food products. At the same time, restaurants and hotels provide prepared meals, beverages and accommodations with varying on-site dining options for consumers. The expansion of food preparation leads to increased demand for kitchenware as more dining facilities require equipment, utensils and appliances, thereby triggering a ripple effect in the kitchenware industry’s growth. For instance, in August 2023, according to the US Bureau of Labor Statistics, a US-based federal fact-finding agency, the number of establishments in food services and drinking places in private industry for the 4th quarter of 2022 was 694,267, an increase of 4.28% compared to 665,736 during the same period in 2021. Therefore, an increasing number of food retail chains, restaurants and hotels will drive the kitchenware market.
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The kitchenware market segments in the report are:
1) By Product: Cookware, Bakeware, Other Products
2) By Distribution Channel: Online, Offline
3) By End-User: Residential Kitchen, Commercial Kitchens
The table of contents in TBRC’s kitchenware market report includes:
1. Executive Summary
2. Kitchenware Market Characteristics
3. Kitchenware Market Trends And Strategies
4. Kitchenware Market – Macro Economic Scenario
5. Global Kitchenware Market Size and Growth
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26. South America Kitchenware Market
27. Brazil Kitchenware Market
28. Middle East Kitchenware Market
29. Africa Kitchenware Market
30. Kitchenware Market Competitive Landscape And Company Profiles
Top Major Players:
- Whirlpool Corporation
- Newell Brands Inc
- Groupe SEB
- Wilton Industries Inc
- Conair Corporation
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