Major tends contributing to the growth of the global cookware market size

The global cookware market size is expected to grow at a CAGR of 4.18% during the forecast period. Major trends in the global cookware market include induction compatible copper cookware, growing emphasis on cookware aesthetics and functionality, and rising popularity of ceramic coated non-stick cookware.

With the growing popularity of induction cooktops, there has been a rise in customer demand for multi-cooktop compatible cookware that can be used for both gas and induction stovetops. Copper is a preferred cookware material owing to its even heat distribution properties. While copper cookware continues to be a niche market in 2018, several copper cookware vendors are providing a range of induction-compatible copper pots and pans. These pans are lined with magnetic stainless steel instead of traditional tin linings, thus making them compatible with the induction stovetops.

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De Buyer, a French manufacturer for cookware products, offers copper cookware under their Prima Matera range. These utensils are made using 90% copper and 10% stainless steel on the inside and are compatible for all types of cooktops including induction cooktops. The growing popularity of induction cooktops due to their overall cost efficiency and faster cooking times is expected to continue well into the forecast period. Subsequently, multi cooktop compatible cookware is expected to remain a key trend contributing to the growth of the global cookware market size during the forecast years.