Market Forecast By Material Type (Aluminium, Stainless Steel, Others), By Distribution Channels (Offline, Online), And Competitive Landscape
Product Code: ETC006001 | Publication Date: Sep 2020 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Qatar Cookware market currently, in 2023, has witnessed an HHI of 2414, Which has increased slightly as compared to the HHI of 1440 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
In the year 2021, China was the largest exporter in terms of value, followed by Turkey. It has registered a growth of 44.51% over the previous year. While Turkey registered a growth of 35.18% as compared to the previous year. In the year 2017, China was the largest exporter followed by Turkey. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Qatar has a Herfindahl index of 1636 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index ofΒ 2299 which signifies moderately concentrated in the market.
The Qatar Cookware Market report thoroughly covers the market by material type and by distribution channel. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Qatar Cookware Market is a constantly evolving industry and is predicted to witness impressive growth in the forthcoming years. The growth is mainly attributed to numerous factors such as rising disposable income and changing consumer preferences towards advanced cookware products. Additionally, demand for sustainable products coupled with increasing demand for smart tech integration is pushing the market forward. In response to the global pandemic, online sales channels have seen remarkable growth creating openings for e-commerce players in the region.
Qatar Cookware Market has grown significantly in recent years due to the rising number of households and restaurants in Qatar. Consumers in the country can purchase pots, pans, pressure cookers, baking sheets, and more made of aluminum, stainless steel, or cast iron from traditional brick-and-mortar stores or more conveniently through online retail outlets. To remain competitive in this sector manufacturers have been constantly innovating by launching new products that meet customer demands with highest quality standards. With increasing consumer demands for premium-quality cookware products, companies need to adapt evolving tastes and preferences of their customers.
According to 6Wresearch, the Qatar Cookware Market share is projected to grow enormously during 2020-26. Rising disposable incomes, urbanization, and changing consumer lifestyles along with technological advancements leading to enhanced production efficiency and innovation are propelling the Qatar Cookware Market Growth to a great extent. However, intense competition from both global brands and local manufacturers coupled with pricing instabilities and supply chain disruptions caused by the COVID-19 pandemic have posed some challenges for market players operating in this space. To overcome these challenges, manufacturers need to invest in research & development of innovative products that meet customer needs and use e-commerce and social media channels for direct-to-consumer marketing while exploring untapped markets within the region.
The Qatar Cookware Market Size has been impacted by the epidemic due to the lockdowns and social distancing which have compelled people to cook at home rather than dining out, leading to an increased demand for cookware products. However, due to disruptions in supply chains, the market faces several challenges. Furthermore, with many businesses closing their operations, the sale and purchases of commercial cookware products declined during the pandemic.
The Qatar Cookware Industry has several players who play a crucial role in the growth of this market. These include;
According to Dhaval Research Manager, 6Wresearch, the stainless steel cookware segment has been growing during the forecast period due to its hygiene features, durability, and aesthetic appeal.
In terms of distribution channels, online channels have been undergoing tremendous growth on the back of the convenience of online shopping, increased internet penetration, and the availability of a wide range of cookware products online.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Qatar Cookware Market Overview |
3.1 Qatar Cookware Market Revenues & Volume, 2016 - 2026F |
3.2 Qatar Cookware Market - Industry Life Cycle |
3.3 Qatar Cookware Market - Porter's Five Forces |
3.4 Qatar Cookware Market Revenues & Volume Share, By Material Type, 2019 & 2026F |
3.5 Qatar Cookware Market Revenues & Volume Share, By Distribution Channels, 2019 & 2026F |
4 Qatar Cookware Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Qatar Cookware Market Trends |
6 Qatar Cookware Market Segmentation |
6.1 Qatar Cookware Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Qatar Cookware Market Revenues & Volume, By Material Type, 2016 - 2026F |
6.1.3 Qatar Cookware Market Revenues & Volume, By Aluminium, 2016 - 2026F |
6.1.4 Qatar Cookware Market Revenues & Volume, By Stainless Steel, 2016 - 2026F |
6.1.5 Qatar Cookware Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 Qatar Cookware Market, By Distribution Channels |
6.2.1 Overview and Analysis |
6.2.2 Qatar Cookware Market Revenues & Volume, By Offline, 2016 - 2026F |
6.2.3 Qatar Cookware Market Revenues & Volume, By Online, 2016 - 2026F |
7 Qatar Cookware Market Import-Export Trade Statistics |
7.1 Qatar Cookware Market Export to Major Countries |
7.2 Qatar Cookware Market Imports from Major Countries |
8 Qatar Cookware Market Key Performance Indicators |
9 Qatar Cookware Market - Opportunity Assessment |
9.1 Qatar Cookware Market Opportunity Assessment, By Material Type, 2019 & 2026F |
9.2 Qatar Cookware Market Opportunity Assessment, By Distribution Channels, 2019 & 2026F |
10 Qatar Cookware Market - Competitive Landscape |
10.1 Qatar Cookware Market Revenue Share, By Companies, 2019 |
10.2 Qatar Cookware Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |