Non-Stick Pans Market Capacity, Production and Revenue Analysis Report By 2028

14^th March 2019 - Global non-stick pans market is estimated to grow considerably in the forecast period due to increasing awareness among consumers for convenient and healthy cooking practices. Non-stick pans are the modern cookware used to cook several delicacies. They have gained popularity in the recent past due to features, such as easy cleaning and drying, sleek design of the pan, cooking with less or no oil or butter, scratch resistant, and performs uniform distribution of heat. In addition, non-stick coating pan works on smaller flames to consume a good quantity of heat energy for cooking.

The major drivers of non-stick pans market include growing urbanization, changing lifestyle of consumers of urban areas, increase in disposable income of consumers, easy availability of wide range of non-stick pans online with sleek and compact designs, and growing e-commerce penetration on the global scale. Additionally, high adoption of non-stick pans is also attributed to better convenience and health benefits since it allows cooking with less oil without compromising on the food taste. However, growing inclination towards more indigenous and healthy substitutes like aluminium, glass ware, and stainless steel is hampering the market.

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Rise in online sales of non-stick pans is an emerging trend in the non-stick pans market. Nonetheless, unstable prices of raw materials used in the making of non-stick pans is ultimately affecting the manufacturing cost and profit margin for market players. Hence, unstable prices of aluminium affecting external factors is challenging the manufacturers.

Non-stick pans market is categorized on the basis of product type, distribution channel, and geography. Based on product type, market is divided into anodized aluminium coated, teflon coated, ceramic coating and enamelled iron coated. Aluminium coated segment is expected to hold larger share of the market in comparison to others due to increasing use in non-stick pans and other non-stick cookware.

In terms of distribution channel, market is divided into offline distribution channel and online distribution channel. Online distribution of non-stick pans has increased over the years due to increased internet penetration, rise in disposable income of consumers and availability of a wide range of products for consumers to choose from.

Geographically, non-stick pans market is segmented as North America, South America, Europe, Asia Pacific, and Middle East & Africa. North America, followed by Europe are predicted to dominate the market in the forecast period owing to high demand for safe and modern cookware. Asia Pacific also contribute significantly to the market due to growing urbanization, improving lifestyle, and increase in demand for stylish cookware from the urban population.

The major players in non-stick pans market include The 3M Company, Shanghai 3F Materials Co. Ltd., Asahi Glass Company, GMM Development Ltd., Gujarat Fluorochemicals Ltd., Zhejiang Juhua & Co., Shamrock technologies, Daikin Industries, Chenguang Group, Shanghai 3F Materials Co. Ltd., Chemours Company, Wujiang City Meilan Rubber & Plastic & Textile Co. Ltd., HENGTONG FLUORINE, Akzo Nobel, Solvay S.A., E. I. DuPont De Nemours and company, MBI, WEILBURGER, Arekma S.A., and Quadrant AG.

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