Kitchenware Market Size and Forecast 2024-2033|Whirlpool Corporation, Newell Brands Inc., Groupe SEB, Wilton Industries Inc., Conair Corporation

Overview and Scope

Kitchenware refers to a broad category of tools and equipment used in cooking, food preparation and serving within a kitchen setting. These items are essential for tasks ranging from chopping and cooking to baking and serving that enhance cooking and food-related activities.

Sizing and Forecast

The kitchenware market size has grown strongly in recent years. It will grow from $65.44 billion in 2023 to $69.21 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to culinary trends, innovation in cookware, urbanization, healthy eating.

The kitchenware market size is expected to see steady growth in the next few years. It will grow to $84.02 billion in 2028 at a compound annual growth rate (CAGR) of 5.0%. The growth in the forecast period can be attributed to e-commerce growth, sustainability and eco-friendly products, smart kitchen appliances, global culinary diversity. Major trends in the forecast period include modular and customizable kitchenware, sous vide and precision cooking, vintage and retro designs, zero-waste kitchen.

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Segmentation & Regional Insights

The kitchenware market covered in this report is segmented –

1) By Product: Cookware; Bakeware; Other Products

2) By Distribution Channel: Online; Offline

3) By End-User: Residential Kitchen; Commercial Kitchens

North America was the largest region in the kitchenware market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in kitchenware market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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Major Driver Impacting Market Growth

The increasing number of food retail chains, restaurants and hotels is expected to propel the growth of the kitchenware market going forward. Food retail chains refer to networks of interconnected stores offering diverse food products. At the same time, restaurants and hotels provide prepared meals, beverages and accommodations with varying on-site dining options for consumers. The expansion of food preparation leads to increased demand for kitchenware as more dining facilities require equipment, utensils and appliances, thereby triggering a ripple effect in the kitchenware industry’s growth. For instance, in August 2023, according to the US Bureau of Labor Statistics, a US-based federal fact-finding agency, the number of establishments in food services and drinking places in private industry for the 4th quarter of 2022 was 694,267, an increase of 4.28% compared to 665,736 during the same period in 2021. Therefore, an increasing number of food retail chains, restaurants and hotels will drive the kitchenware market.

Key Industry Players

Major players in the kitchenware market are Whirlpool Corporation, Newell Brands Inc., Groupe SEB, Wilton Industries Inc., Conair Corporation, Meyer Corporation, Tupperware Brands Corporation, Rubbermaid Commercial Products, Hamilton Beach Brands Holding Company, Anchor Hocking Company, Fissler GmbH, TTK Prestige Ltd., ITW Food Equipment Group LLC, ZWILLING J.A. Henckels AG, Scavolini S.p.a, Calphalon Corporation, OXO International Ltd., Gibson Overseas Inc., Wusthof Dreizack, Lodge Manufacturing Company, Viners (Rayware Limited), Tramontina USA Inc., Clipper Corporation, The Cookware Company, Pyrex Cookware, All-Clad Metalcrafters LLC, Anolon, Mauviel USA Inc., Kenwood Limited, Le Creuset.

The kitchenware market report table of contents includes:

1. Executive Summary

2. Kitchenware Market Characteristics

3. Kitchenware Market Trends And Strategies

4. Kitchenware Market – Macro Economic Scenario

5. Global Kitchenware Market Size and Growth

26. South America Kitchenware Market

27. Brazil Kitchenware Market

28. Middle East Kitchenware Market

29. Africa Kitchenware Market

30. Kitchenware Market Competitive Landscape And Company Profiles

Top Major Players: