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Food Services Industry to Account for Lion’s Share of the Global Cast Iron Cookware Market |

Food Services Industry to Account for Lion’s Share of the Global Cast Iron Cookware Market

Transparency Market Research offer 8-year forecast for the global cast iron cookware market between 2017 and 2025. The global cast iron cookware market is expected to register a CAGR of 3.4% during the forecast period. The primary objective of the report is to offer insights on the advancements and opportunity in the cast iron cookware market. The study demonstrates market dynamics that are expected to influence the current challenges and future status of the global cast iron cookware market over the forecast period. This report also offer updates on trends, drivers, restraints, value forecasts, and opportunities for manufacturers operating in the global and regional cast iron cookware market.

Cast iron is a material that has been used to make cookware for hundreds of years. Cast iron is one of the materials that holds heat in a better way, made of an iron alloy and very rich in carbon. Cast iron cookware is extremely durable, and it can be used on every type of stove, and even on grills or campfires. Cast iron cookware is naturally non-stick if seasoned properly.


Global Cast Iron Cookware Market: Segmentation

By product type, the cast iron cookware market is segmented into unseasoned, seasoned, and enamel coated. The unseasoned cast iron cookware segment is likely to be the most attractive segment in the forecast period owing to its natural non-stick feature when seasoned property with oil. On the basis of end user, the cast iron cookware market can be segmented into households and food services. The food services segment is estimated to account for a significant revenue share of 67.6% in 2017 and is expected to register significant growth rate during the forecast period.

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By style, the cast iron cookware market is segmented into Dutch ovens, cam pots, skillets/ fryers, woks, griddles, and bake ware. The skillets/ fryers cast iron cookware segment is likely to be the most attractive segment in the forecast period. Furthermore, on the basis of sales channel, the cast iron cookware market is segmented into direct and indirect. Indirect segment is further sub-segmented into modern grocery retailers, traditional grocery retailers, and online retail. Amongst these sub-segments, the traditional grocery retailers is anticipated to occupy the largest market share of 52.2% in 2017. The online retail sub-segment is expected to register high growth rate during the forecast period.

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