Market Size of Europe Cookware Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 4.04 Billion |
| Market Size (2029) | USD 4.74 Billion |
| CAGR (2024 - 2029) | 3.17 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Cookware Market Analysis
The Europe Cookware Market size is estimated at USD 4.04 billion in 2024, and is expected to reach USD 4.74 billion by 2029, growing at a CAGR of 3.17% during the forecast period (2024-2029).
The European Union is one of the worst-hit regions in the world with the sudden COVID-19 pandemic. The major countries, including Italy, France, and the United Kingdom, suffered economic disruptions, which ultimately affected the cookware market in the region during the year 2020. Many manufacturing facilities extended production shutdowns in Europe during the lockdown. Because of this, there were a much supply and demand distractions. While the pandemic crisis declined the frequency of cookware purchases, the lead time for delivery of orders increased significantly across the world, including Europe. Limited component availability, restricted labor supply, and other supply chain-related costs are some of the major challenges that most industry players are currently focusing on.
The European region experienced low-interest rates and a good economic situation during the past few years, with consumers showing interest in products in the home appliance market. The growing demand for innovative and advanced products drove the demand for cookware in Europe. Two key factors contributing to the growth of the cookware market in Europe are product innovations and portfolio extensions, leading to product premiumization. The Western European markets follow the growing trend of consumers in the cookware market, focusing on premium cookware.
