Product (Cookware, Tableware, Appliances, Others)
Cookware segment is expected to capture around 40.8% kitchenware market share by the end of 2037. The e-commerce platforms are majorly contributing to the increasing sales of cookware items. The easy and cost-effective availability of modern cookware products on online platforms is augmenting their sales growth. According to the Research Nester study, in 2023, Amazon’s net sales rose 14% to USD 170.0 billion in the fourth quarter. This platform is a major online seller of multiple products including kitchenware, personal care, home care, and more. Such massive numbers underscore how positive is the e-commerce platforms for the commercialization of kitchenware products including cookware.
Price Range (Low, Mid, High)
By 2037, mid-range segment is projected to dominate over 49.5% kitchenware market share. Consumers most of the time prefer buying products that are of high quality, superior design, and at affordable prices. These factors contribute to the sales of mid-range kitchenware products. Branding and trust are some other factors that drive the sales of mid-range kitchenware products. Companies such as Futura, Pigeon, Hawkins, and Milton strategically offer high-quality products at reasonable prices, which attracts a wider consumer base, maximizing their revenue shares. Thus, start-ups entering this industry can focus on such tactics to boost their kitchenware market reach and shares.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Parul Atri
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