The Global Ceramic Cookware Market is anticipated to expand at substantial CAGR during the forecast period, between 2020 and 2027. Ceramic materials, in the form of clay figurines and pots, were the first man-made materials. In the past, people have been using ceramic as a material for different applications, including artificial bones, light-weight body shield, and coatings leading edges of hypersonic vehicles.
Ceramics has high melting temperatures and has very high hardness; therefore, it is used to manufacture various cookware. Ceramic is not as easy to make mold into complex shapes such as metals or plastics, which are typically melted and poured into molds, to achieve a final object. Another method for manufacturing ceramics into complex shapes that slip casting. Slip casting is a used to make the shape of coffee cups.
Market Trends, Drivers, Restraints, and Opportunities:
- Rising urbanization and changing eating habits are increasing the demand for ceramic cookware.
- Constant advancements made in material sciences have enabled manufacturers to uncover novel technological applications of ceramics by modifying their structural and thermostructural properties. This, in turn, drives the ceramic cookware market.
- The ceramic cookware market has been hampered due to the COVID-19, which has disturbed the supply chain and manufacturing activities.
- Growing investments in R&D in ceramic products propels the ceramic cookware market.
- The prices of ceramics products are high, which impedes the market growth.
- Fluctuations in the prices of raw material is likely to restrain the market.
Ceramic Cookware Market Segment Insights:
High use and demand for ceramic pots fuels segment growth
In the terms of types, the market has been divided into pots, pans, and others. The ceramic pots segment accounts a key share of the market, as these pots are more cost-effective than the other products. The ceramic pans segment is projected to expand at a high pace during the forecast period.
Increase in use ceramic cookware for residential purposes drive segment growth
On the basis of applications, the ceramic cookware market has been bifurcated into residential and commercial. The residential segment held a key share of the market, while the industrial segment is estimated to grow during in the forecast period. Ceramic cookware are mostly used in kitchens for owing to the increase in awareness about properties of ceramic. In the coming years, the food & beverage industry is likely to use ceramic cookware in commercial kitchens.
Asia Pacific dominates the global market
On the basis of regions, the global ceramic cookware market is classified as North America, Asia Pacific, Latin America, Europe, and Middle East & Africa. Asia Pacific accounts for a large share of the global ceramic cookware market due to increase in disposable income and brand awareness. Additionally, growing awareness about health issues caused by table and cookware with heavy lead content fuels the use of ceramic tableware. High demand for ceramic cookware at low prices has increased the number of small disorganized sellers in the region. The market in Asia Pacific is projected to expand during the forecast period, due to the presence of several major manufacturers expanding their brand presence in the region through online channels.
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