Italy Cookware Market Size
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | > 3.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Italy Cookware Market Analysis
The Italy cookware market is expected to register a CAGR of more than 3% during the forecast period. The outbreak of COVID-19 had a positive impact on this market. People stuck at home due to the lockdown were hooked onto television programs and youtube videos showing interest in experimenting with various kinds of dishes in their homes. The awareness of health and wellness spread drastically, and it has become even more important now for people not to order food but try to make it in their homes as a healthy alternative. It was expected that the demand for this market would increase even more due to the pandemic outbreak.
The Italy cookware market is expected to have a considerable growth rate. The growing influence of chefs in the kitchen has positively affected this market. The number of television programs, youtube videos, and influencers devoted to food and recipes is increasing. These programs, videos, and influencers that promote different cookwares inspire many consumers to try and create new cuisines at home and experiment with various new types of cookware promoted by them. The growing demand for innovative and advanced products is expected to drive the growth of this market in Italy.
Italy Cookware Market Trends
This section covers the major market trends shaping the Italy Cookware Market according to our research experts:
Growing Urbanization is Leading to the Growth of this Market
The expansion of the cookware market in Italy is supported by its ongoing urbanization, which contributes to an expanding middle class and a growing demand for convenience amid busy urban lifestyles. Demand for cookware is seen more in urban markets, especially in high-end cities. Increasing urbanization and product upgrading are also among the key factors for the growth of the cookware market. Increased urbanization drives demand for luxury and upscale apartments, building a positive outlook for high-end kitchen appliances and the use of luxury cookware. The increase in surplus money and the growing number of working populations in urban societies are predicted to drive the demand for kitchen appliances.
Rapid Growth of E-Commerce is Augmenting the Market Growth
The demand for cookware products in this region is rising because of the increase in the popularity of cooking at home, especially during the pandemic. More than three and a half million new Italian customers approached online retailers in the last two years because of the lockdown. They began to unfold their effects on the turnover, which increased in just one year by 33%, reaching over EUR 64 billion in 2021. Various cooking shows and youtube channels are driving many consumers to make different types of dishes at home. Consumers now prefer to purchase cookware products from online retailers. As a result, the COVID-19 pandemic was expected to increase demand for cookware even more.
Italy Cookware Industry Overview
The cookware market in Italy is moderately consolidated. The top five companies in this segment occupy approximately 40% to 60% of the market share. Adopting smart kitchen appliances, upgrading to new cookware, technological advancements, etc., lead to increasing competition among companies. Innovation and technological advancement are happening as urbanization drive people to adopt new cooking tools. Some important players in this market are Ballarini, Lagostina, Hestan, Ruffoni, and Bialetti.
Italy Cookware Market Leaders
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Ballarini
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Lagostina
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Hestan
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Ruffoni
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Bialetti
*Disclaimer: Major Players sorted in no particular order
Italy Cookware Market News
- January 2022: Hestan launched various new products in 2022, such as ProBond 3.5qt Essential Pan, ProBond 3.5qt TITUM Nonstick Essential Pan, NanoBond 5qt Dutch Oven, NanoBond 14'' Chef's Pan, and Provisions Classic Roasters with Rack.
- December 2021: The Cookware Company, based in the United States, acquired the Italy-based firm, Lumenflon. Lumenflon is a leading manufacturer of non-stick aluminum cookware in Italy. This acquisition would improve The Cookware Company's portfolio in the cast aluminum products sector.
Italy Cookware Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain / Supply Chain Analysis
4.5 Porter's Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Product
5.1.1 Pots and Pans
5.1.2 Spoon
5.1.3 Wok Turner
5.1.4 Whisk
5.1.5 Soup Ladle
5.1.6 Other Products
5.2 By Material
5.2.1 Stainless Steel
5.2.2 Aluminium
5.2.3 Glass
5.2.4 Other Materials
5.3 By Application
5.3.1 Residential
5.3.2 Commercial
5.4 By Distrubution Channel
5.4.1 Online
5.4.2 Offline
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Ballarini
6.2.2 Lagostina
6.2.3 Hestan
6.2.4 Ruffoni
6.2.5 Bialetti*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
Italy Cookware Industry Segmentation
Cookware is food preparation equipment used in kitchens, such as cooking pots, pans, baking sheets, etc. Cookware is used on a stove or range cooktop. Cookware is one of the most widely demanded products as in today's time people are adopting urbanization. The report aims to provide a detailed analysis of the Italy cookware market.
The Italy cookware market is segmented by product (pots and pans, spoons, wok turner, whisk, soup ladle, and other products), by material (stainless steel, aluminum, glass, and other materials), by application (residential and commercial), and by distribution channel (online and offline). The report offers market size and forecasts for Italy's Cookware Market value in USD million for all the above segments.
By Product | |
Pots and Pans | |
Spoon | |
Wok Turner | |
Whisk | |
Soup Ladle | |
Other Products |
By Material | |
Stainless Steel | |
Aluminium | |
Glass | |
Other Materials |
By Application | |
Residential | |
Commercial |
By Distrubution Channel | |
Online | |
Offline |
Italy Cookware Market Research FAQs
What is the current Italy Cookware Market size?
The Italy Cookware Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)
Who are the key players in Italy Cookware Market?
Ballarini, Lagostina, Hestan, Ruffoni and Bialetti are the major companies operating in the Italy Cookware Market.
What years does this Italy Cookware Market cover?
The report covers the Italy Cookware Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Italy Cookware Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Italy Cookware Industry Report
Statistics for the 2024 Italy Cookware market share, size and revenue growth rate, created by ÌÇÐÄvlog´«Ã½â„¢ Industry Reports. Italy Cookware analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.