Cast Iron Cookware Global Market to Reach $2.1 Billion by 2030: Renewed Interest in Home Cooking Opens Up Opportunities for Cast Iron Cookware


Dublin, Feb. 24, 2023 (GLOBE NEWSWIRE) -- The "Cast Iron Cookware: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Cast Iron Cookware estimated at US$1.6 Billion in the year 2022, is projected to reach a revised size of US$2.1 Billion by 2030, growing at a CAGR of 3.6% over the analysis period 2022-2030.

Seasoned, one of the segments analyzed in the report, is projected to record 3.9% CAGR and reach US$1.6 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Other Types segment is readjusted to a revised 2.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $295.4 Million, While China is Forecast to Grow at 4.6% CAGR

The Cast Iron Cookware market in the U.S. is estimated at US$295.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$420 Million by the year 2030 trailing a CAGR of 4.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 3.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.

Select Competitors (Total 98 Featured) -

  • American Metalcraft, Inc.
  • Calphalon Corporation
  • Camp Chef, Inc.
  • Country Door
  • Cuisinart
  • FINEX Cast Iron Cookware Co.
  • LAVA COOKWARE
  • Le Creuset of America, Inc.
  • Lodge Manufacturing Company
  • Marquette Castings
  • Meyer Corporation
  • The Indus Valley
  • Tablecraft
  • The Coleman Company, Inc.
  • Tramontina USA, Inc.
  • Vermicular
  • Victoria Cookware
  • Williams-Sonoma, Inc.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Report Metrics:

Report AttributeDetails
No. of Pages473
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$1.6 Billion
Forecasted Market Value (USD) by 2030$2.1 Billion
Compound Annual Growth Rate3.5%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • The Evergreen Importance of Good Cookware in Perfecting the Art of Cooking Provides the Foundation for Growth in the Market
  • Search for Healthy and Kitchen Friendly Cookware to Give Cast Iron Cookware an Edge in the Multi-Billion Dollar Cookware Market: Global Market for Cookware (In US$ Billion) for Years 2021, 2023, 2025 and 2027
  • On the Pandemic & Economic Front, Here's What's Happening. Prognosis Every Business Needs to Know
  • After Omicron, Comes Stealth Omicron & Deltacron Fueling Fresh Waves of Infections Across the Globe
  • With New Strains Emerging at an Alarming Rate, Focus Shifts to Booster Doses & Vaccine Tweaking Amid Waning Vaccine Immunity. But How Practical Is It to Implement Them?
  • With Vaccinated Population Showing Signs of Declining Clinical Protection, Booster Doses Are Emerging Into a Necessity to Restore Vaccine Effectiveness, but this Strategy is Not Within Reach for Most Countries: Number of Booster Doses Administered Per 100 People by Country as of March 2022
  • At the Dawn of 2022 After Numerous New Strains & Millions of Deaths, Challenges in Vaccine Production, Supply, Access & Technology Sharing Continue to Remain
  • How & When Will the World Be Vaccinated? Global Number of Annual COVID-19 Vaccine Doses (In Million) for Years 2020 through 2025 by Geographic Region/Country
  • Split Scenarios Unfold: The Great Vaccine Divide Emerges
  • With Low Vaccination Rates in Africa Emerging Into a Global Security Issue, Vaccine Imbalances Will Stretch the Pandemic Further into 2022: Global Percentage (%) of Population Administered With Vaccines by Region as of March 2022
  • The Great Vaccine Controversy & Growing Anti-Vaccination Movement Aggravates the Divide Between the Vaccinated & the Unvaccinated
  • Top Reasons for Unwillingness & Uncertainty Towards COVID-19 Vaccines Among the By-Choice Unvaccinated People: % Share of Various Reasons as of the Year 2022
  • The Verdict's Out - The Pandemic Cannot Be Ended But Can be Maneuvered to Become Endemic and More Manageable
  • Amid this Prolonged Pandemic, Why Should Businesses Care About Progress on Vaccinations?
  • Dragging Pandemic, New Virus Strains, Fresh Societal Risks, War & Renewed Economic Disruptions Bring Weaker Growth in 2022 as Compared to 2021
  • Fresh Shocks for the Global Economy in 2022 as New Bursts of Food & Energy Inflation Comes into Play Triggered by the Russia-Ukraine War
  • A World Divided Over the War in Russia & Ukraine Fuels Oil Production Stand-Off, Aggravating Global Price Rise & Making Putin More Bolder & Willing to Invade its Neighbors: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2022
  • Uncertain, Uneven & Bumpy Recovery Shaped by New Variants Coupled With Inflation Triggered by the Russia-Ukraine War Lowers Growth Expectations for 2022: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
  • Persistently High Unemployment Indicates Long-Term Scarring from the COVID-19 Pandemic, Wage Inequality & Uneven Economic Recovery. Tough Times to Continue for Industries Reliant on Consumer Discretionary Incomes Until 2023: Global Number of Unemployed People (In Million) for Years 2019 Through 2023
  • Supply Chains Tighten Once Gain, Bracing for the Widening Economic Storm Being Brewed by the Russia-Ukraine War
  • The Military & Defense Industry Emerges as the Sole Beneficiary of the War
  • Competition
  • Cast Iron Cookware - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Cast Iron Cookware - Definition, Overview, Importance, Types & Benefits
  • World Brands
  • Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Slow, Uncertain & Volatile Recovery of the Restaurant Industry in 2022 Signals Sluggish Growth in the Foodservice End-Use Sector
  • A Recap of the Pandemic Impact on the Food Service Industry in 2020
  • Weak Recovery to Plague the Industry in 2022, Downgrading Growth Expectations for Cast iron Cookware in the Food Service Sector
  • Higher Food Inflation Due to Russia-Ukraine War to Hit the Restaurant Industry
  • Restaurants Step Up the Use of Cast Iron Cookware. Here's Why
  • Mushrooming of Cloud Kitchens Provide a Silver Lining of Hope for Growth in the Foodservice Sector
  • Contemporary Lifestyles Along With Convenience Needs Push Up Demand for Cast Iron Enamel Cookware
  • Robust Demand for Bakery Products to Benefit Sales of Cast Iron Baking Pans & Skillets
  • Growing Appetite for Baked Goodies to Bring In New Opportunities for Cast Iron Baking Practices: Global Market for Bakery Products (In US$ Billion) for Years 2020, 2022, 2024 & 2026
  • Changing Restaurant Menus Bode Well for Increased Investments in Commercial Kitchen Equipment Including Cast Iron Cookware
  • Renewed Interest in Home Cooking Opens Up Opportunities for Cast Iron Cookware
  • Celebrity Chefs & Growing Popularity of TV Cooking Shows Inspire Consumer Demand for Cookware
  • Direct-to-Consumer Sales of Cookware Gains in Popularity
  • Health Benefits of Cast Iron Cooking Drive Demand for Cast Iron Cookware
  • Recycling of Cast Iron Cookware Amplifies Its Environmental Appeal at a Time When Sustainability is in the Spotlight
  • Why Sustainability is Gaining Importance Now More Than Ever
  • The Time to Get Our Act Together & Move Towards a Circular Bioeconomy Has Come: Global CO2 Emissions (In Billion Metric Tons) for Years 1930, 1940, 1950, 1960, 1970, 1980, 1990, 2000, 2010, & 2020
  • Here's Why Cast Iron is Environment Friendly & a Sustainable Option for Cooking

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/5mngwt-iron?w=12

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

 
Global Market for Cast Iron Cookware

Coordonnées