Kitchenware Market Segmentation:
Product Type Segment Analysis
The cookware segment is anticipated to hold the highest share of 50.9% in the kitchenware market during the forecast period, due to factors such as urbanization, cooking trends, and functionality. In August 2024, Jindal Lifestyle launched Arttd’inox, which incorporates Vida, Stellar, and Timber cookware collections that are both stylish and functional. These innovations are targeted toward upwardly mobile consumers who want to elevate their cooking experience. This is because cookware is used often and has positive connotations related to daily routine, family, and health. Innovative uses, including outdoor and dual-purpose pots and pans, are extending the category’s applicability. In March 2024, Le Creuset launched its first matte black outdoor cookware range designed specifically for cooking over flames. This shift is a result of trends that point toward wanting more versatile, multi-environment cooking tools. From cooking ranges in apartment buildings to small barbecues in the backyard, cookware remains an integral part of the modern kitchen.
Material Type Segment Analysis
Stainless steel is expected to take the largest share of 49.3% by 2037 owing to its durability, hygiene, and sleek appearance. In July 2024, Our Place launched a stainless-steel tagine hybrid, as it pays homage to Moroccan food and culture but also aligns with other cooking styles around the world. Its induction and gas compatibility, and appearance make it a favorite of enthusiasts and professionals alike. Sustainable innovation is also contributing to the growth of this segment. In October 2024, BergHOFF introduced a range of stainless-steel utensils with handles made of bamboo that can be recycled, combining sustainability and design. Such developments are in sync with current trends where consumers want products that are durable and require minimal maintenance. Stainless steel remains the go-to material as a durable and fashionable material across tiers and regions of retail.
Our in-depth analysis of the kitchenware market includes the following segments:
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