DUBLIN, Feb. 24, 2023 /PRNewswire/ — 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$420 Million by the year 2030 trailing a CAGR of 4.6% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.1% and 3.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.
Select Competitors (Total 98 Featured) –
- American Metalcraft, Inc.
- Calphalon Corporation
- Camp Chef, Inc.
- Country Door
- FINEX Cast Iron Cookware Co.
- LAVA COOKWARE
- Le Creuset of America, Inc.
- Lodge Manufacturing Company
- Marquette Castings
- Meyer Corporation
- The Indus Valley
- The Coleman Company, Inc.
- Tramontina USA, Inc.
- Victoria Cookware
- Williams-Sonoma, Inc.
What`s New for 2023?
- Special coverage on Russia–Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies – Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- The Evergreen Importance of Good Cookware in Perfecting the Art of Cooking Provides the Foundation for Growth in the Market
- Search for Healthy and Kitchen Friendly Cookware to Give Cast Iron Cookware an Edge in the Multi-Billion Dollar Cookware Market: Global Market for Cookware (In US$ 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
- 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
For more information about this report visit https://www.researchandmarkets.com/r/ml9agh-iron?w=5
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