• ASSO
• 2022-06-27
• comments

Expert Opinion: Global Non-stick Frying Pan Market

ASSO International Consulting advertises that the global non-stick frying pan market will reach USD 2.8 billion by 2028.
Non-stick pan is a type of pans with non-stick surface or coatings, which is engineered to reduce the ability of other materials to stick to it. For non-stick cookware, the non-stick coating allows food to brown without sticking to the pan. Non-stick is often used to refer to surfaces coated with polytetrafluoroethylene (PTFE), a well-known brand of which is "Teflon." With the health concerns centered on PTFE in recent years, Ceramic coatings are developed as a newer material in the world of nonstick cookware. It's widely considered to be the safest and most environmentally friendly option. Ceramic is free of PTFE and PFOA.
Lucas, the principal analyst of ASSO International Consulting, estimates that the global Non-Stick Pans market size is estimated at USD 4.15 billion in 2021, and the market size is estimated to reach USD 5.3 billion by 2028, with a compound growth rate of 3.56%. Lucas said that non-stick pans, as a consumer product, have historically grown at a rate that matches the economic growth of various countries.
The following pie chart is the global consumption share of Non-Stick Pans released by ASSO International Consulting in 2021:

Source: ASSO Consulting Company
 
Point 1: Lucas further explained that non-stick looking pans have become an important part of people's daily tableware. In terms of consumption areas, the Asia-Pacific region is the largest consumption area because of the traditional culinary culture of these regions since ancient times. Lucas said that according to ASSO's calculations, the Asia-Pacific region accounts for 60% of the market share and China accounts for half of the global market share. Overall, the non-stick pan market is showing a moderate growth trend.
 
Point 2: Popular brands/companies in this market internationally include SEB, Meyer Corporation, NEWELL, BERNDES, Maspion, The Cookware Company, Neoflam, TTK Prestige, Hawkins Cookers, Cuisinart, Le Creuset. ASSO analysts say market concentration is not high, local players are launching their own brands. With the upgrade of consumption, it is expected that more and more players will recommend high-end products to meet the needs of the market. Small players are expected to slowly exit the market as competition intensifies.
Click to view the full report TOC, figure and tables：
The Global Non-Stick Pans Market Research Report 2022 report released by ASSO Consulting Company provides a basic overview of the Non-Stick Pans industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures. The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Non-Stick Pans industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.
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