Market Forecast By Product Types (Pans – Fry pan, Sauté pan, Skillet, Grill pan, Pots - Stockpot, Saucepot, Dutch ovens, Others (Pressure Cooker, Griddle, Wok)), By Material Types (Stainless Steel, Aluminium, Others (Copper, Iron, etc.)), By Applications (Residential, Commercial), By Distribution Channels (Online, Offline) And Competitive Landscape
Product Code: ETC005971 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 21 | No. of Tables: 4 | |
Germany Cookware market currently, in 2023, has witnessed an HHI of 4429, Which has increased slightly as compared to the HHI of 3580 in 2017. The market is moving towards concentrated. 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.
Before the pandemic, Germany cookware market saw decent growth, driven by increased immigration, urbanization, rising demand for innovative cookware, health-conscious cooking trends, evolving culinary preferences, and the growth of online retail and cooking enthusiasts. However, the COVID-19 pandemic caused a temporary slowdown in 2020 due to supply chain disruptions and reduced demand caused by lockdowns. Market recovery began in 2021, owing to work-from-home trends, and restaurant closures. The cookware market is expected to continue growing in the forecast period, with the post-COVID resurgence in the tourism sector driving demand, especially from the hotel industry.
According to 6wresearch, Germany cookware market size is projected to grow at a CAGR of 1.7% during 2023-2029. The growth of the cookware market in Germany is primarily driven by replacement needs, especially since the market has entered the maturity stage as cookware items naturally wear out over time, leading consumers to seek new products, thereby fuelling market growth. Additionally, the rise in the number of restaurants and hotels across the country, along with an increasing immigrant population as immigrants made up over 18% of the 2022 population, has contributed to this growth. Furthermore, in the coming years, ongoing real estate development projects in German states such as Nordrhein-Westfalen, Bayern, and Baden-Wurttemberg, as well as ongoing commercial projects including the construction of new hotels in cities like Berlin, Cologne, Duesseldorf, Frankfurt, Hamburg, Leipzig, Dresden, Stuttgart, and Munich, are expected to further boost the demand for cookware in the country.
Pans garnered the highest revenues in the Germany cookware market on the back of the multipurpose advantage of pans and traditional & greater preference among consumers as they are ideal for sauteing, searing, braising, deglazing, poaching, and stir-frying.
The stainless steel cookware segment acquired the highest revenue share in 2022 on account of its high preference by consumers due to its high durability and non-reactive to acidic or alkaline foods. Additionally, stainless steel cookware offers non-stick variations, enhancing ease of cleaning, which significantly contributes to its consumer preference.
The residential sector garnered the maximum revenue share in 2022 owing to Germany being the second most populous country in the European continent and cookware being a necessity in day-to-day life. Moreover, surging demand for modular kitchen solutions and kitchen up-gradation would foster the demand for trendy and latest cookware matching the kitchen interiors in the country.
Offline channel has garnered the maximum revenue share on account of the ease of availability of stores in every locality, no waiting time for delivery of the product along quick hand-to-hand replacement influence people to prefer offline distribution channels over online ones.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of the Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Germany Cookware Market Overview |
3.1 Germany Cookware Market Revenues (2019-2029F) |
3.2 Germany Cookware Market Industry Life Cycle |
3.3 Germany Cookware Market Porter's Five Forces |
4. Germany Cookware Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Germany Cookware Market Trends |
6. Germany Cookware Market Overview, By Product Types |
6.1 Germany Cookware Market Revenue Share & Revenues, By Product Types, (2019-2029F) |
6.1.1 Germany Cookware Market Revenues, By Pans, 2019 - 2029F |
6.1.2 Germany Cookware Market Revenues, By Pots, 2019 - 2029F |
6.1.3 Germany Cookware Market Revenues, By Others, 2019 - 2029F |
7. Germany Cookware Market Overview, By Material Types |
7.1 Germany Cookware Market Revenue Share & Revenues, By Material Types, (2019-2029F) |
7.1.1 Germany Cookware Market Revenues, By Stainless Steel, 2019 - 2029F |
7.1.2 Germany Cookware Market Revenues, By Aluminium, 2019 - 2029F |
7.1.3 Germany Cookware Market Revenues, By Others, 2019 - 2029F |
8. Germany Cookware Market Overview, By Applications |
8.1 Germany Cookware Market Revenue Share & Revenues, By Applications, (2019-2029F) |
8.1.1 Germany Cookware Market Revenues, By Residential (2019-2029F) |
8.1.2 Germany Cookware Market Revenues, By Commercial (2019-2029F) |
9. Germany Cookware Market Overview, By Distribution Channel |
9.1 Germany Cookware Market Revenue Share & Revenues, By Distribution Channel, (2019-2029F) |
9.1.1 Germany Cookware Market Revenues, By Offline (2019-2029F) |
9.1.2 Germany Cookware Market Revenues, By Online (2019-2029F) |
10. Germany Cookware Market Key Performance Indicators |
11. Germany Cookware Market Opportunity Assessment |
11.1 Germany Cookware Market Opportunity Assessment, By Product Types (2029F) |
11.2 Germany Cookware Market Opportunity Assessment, By Material Types (2029F) |
11.3 Germany Cookware Market Opportunity Assessment, By Applications (2029F) |
11.4 Germany Cookware Market Opportunity Assessment, By Distribution Channel (2029F) |
12. Germany Cookware Market Competitive Landscape |
12.1 Germany Cookware Market Revenue Ranking, By Companies (2022) |
12.2 Germany Cookware Market Competitive Benchmarking, By Technical Parameters |
12.3 Germany Cookware Market Competitive Benchmarking, By Operating Parameters |
13. Company Profiles |
13.1 Württembergische Metallwarenfabrik (WMF) |
13.2 ROSLE & Co. KG GmbH |
13.3 Fissler Gmbh |
13.4 ZWILLING JA Henckels Deutschland GmbH |
13.5 Stoneline |
13.6 Velosan |
13.7 Elo-Stahlwaren Karl Grünewald & Sohn GmbH & Co. |
13.8 ROMERTOPF Keramik GmbH & Co. KG |
13.9 AMC International |
13.10 Beka Cookware |
14. Key Strategic Recommendations |
15. Disclaimer |
List of Figures |
1. Germany Cookware Market Revenues, 2019-2029F ($ Million) |
2. Germany Total Population, 2019-2035F (Millions) |
3. Germany rate of Urbanisation, 2020-2035F (In Percentage) |
4. Upcoming Hotels in Germany, 2022 |
5. Confirmed Room Pipelines in Germany in Top 9 cities by 2025F |
6. GDP of Germany(2019-2022) (In %) |
7. Inflation in Consumer Price Index (May 2023- July 2023) (In %) |
8. Germany Cookware Market Revenue Share, By Product Types, 2022 and 2029F |
9. Germany Cookware Market Revenue Share, By Material Types, 2022 and 2029F |
10. Germany Cookware Market Revenue Share, By Applications, 2022 and 2029F |
11. Germany Cookware Market Revenue Share, By Distribution Channels, 2022 and 2029F |
12. Newly Built Residential units in Germany, (2019-2022) |
13. Construction Backlog in Germany, 2022 |
14. Retail Sector size in Germany, 2021-2025F (In $ Billion) |
15. Retail Sector Lease share, July 2023 (In %) |
16. Germany Cookware Market Opportunity Assessment, By Product Types, 2029F |
17. Germany Cookware Market Opportunity Assessment, By Material Types, 2029F |
18. Germany Cookware Market Opportunity Assessment, By Applications, 2029F |
19. Germany Cookware Market Opportunity Assessment, By Distribution Channel, 2029F |
20. Germany Cookware Market Revenue Ranking, By Companies, 2022 |
21. Target areas in Germany, 2022 |
List of Tables |
1. Germany Cookware Market Revenues, By Product Types, 2019-2029F ($ Million) |
2. Germany Cookware Market Revenues, By Material Types, 2019-2029F ($ Million) |
3. Germany Cookware Market Revenues, By Applications, 2019-2029F ($ Million) |
4. Germany Cookware Market Revenues, By Distribution Channels, 2019-2029F ($ Million) |