Induction Cookwares Market Will Generate Record Revenue by 2031


Posted March 21, 2024 by mansi3210

Global induction cookware market is anticipated to grow at a considerable CAGR of 7.3% during the forecast period (2024-2031).

 
Global induction cookware market is anticipated to grow at a considerable CAGR of 7.3% during the forecast period (2024-2031). The availability of a comprehensive range of induction cookware to select from along with high LPG fuel prices is a key factor driving the global market. Increased technological advancements, safety features and magnetic compatibility has further boosted the induction market globally.


For instance, In March 2023, GE Appliances (GEA), a Haier company, launched new induction cooktop lineup. Offering features like precision temperature control and guided cooking. It utilizes electromagnetic currents which directly heat the cookware, instead of first heating the cooktop surface making efficient heatingand an easier to clean surface.

Further, in October 2022, Hestan launched new induction products in new ranges and range tops for all electric kitchen. Precision temperature control with chef-grade power all with a smaller carbon footprint the new Ranges and Rangetops are launched in 30” and 36” models, and the 36” Range has already been given a 2022 TWICE VIP Award.Highly potent and energy-conserving induction burners channel heat exclusively to the area directly beneath the cookware by utilizing a direct magnetic response, giving precise temperature control it provides consistent cooking and prevents energy waste.

To Request a Sample of our Report on Induction Cookwares Market: https://www.omrglobal.com/request-sample/induction-cookware-market

Market Coverage

• The market number available for – 2023-2031

• Base year- 2023

• Forecast period- 2024-2031

Segment Covered-

· By Product

· By Material

· By Application

· By Distribution Channel

Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

Competitive Landscape- includes Analon.com, BSH Household Appliances Manufacturing Private Limited, Bajaj Electricals Limited and Subsidiaries, Chantal Cookware, Havells Group, Philips Domestic Appliances India Ltd., and Usha International Limited among others.

Induction Cookware Market Report Segment

By Product

· Pans

· Stockpot

· Dutch Oven

· Others (Cooker)

By Material

· Stainless Steel

· Cast Iron

· Carbon Steel

By Application

· Residential

· Commercial

By Distribution Channel

· Supermarket/ Hypermarket

· Specialty Stores

· Online

A full Report of Induction Cookwares Market is Available @ https://www.omrglobal.com/industry-reports/induction-cookware-market

Induction Cookwares Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

· Anolon.com

· Bajaj Electricals Limited and Subsidiaries

· Chantal Cookware

· Havells Group

· KitchenAid.

· Philips Domestic Appliances India Ltd.

· Tefal.

· Usha International Limited

· Viking Range, LLC

· Whirlpool Corporation

Reasons to buy from us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/induction-cookware-market

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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Last Updated March 21, 2024