Frying Pans and Skillets Market Size, Share, Growth, and Industry Analysis, By Type (Aluminium, Stainless Steel, Cast Iron and Other), By Application (Retail Store, Supermarket, Online Store and Other), Regional Insights, and Forecast To 2031

Updated On: 13 November 2023

Frying Pans and Skillets Market REPORT OVERVIEW

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The global frying pans and skillets market size is estimated to be USD 1078.8 million in 2022. As per our research and analysis, the market is projected to touch USD 1760.72 million by 2031, exhibiting a CAGR of 5.6% during the forecasting period.

The global COVID-19 pandemic has been unprecedented and staggering, with frying pans and skillets experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. 

 A frying pan is a shallow frying or sautéing vessel with a flat bottom and flared outward sides. Similar to a pan, but with deeper sides and a slightly curved bottom, is a skillet. The ability to use frying pans and skillets for a variety of cooking operations, such as searing, browning, or poaching food, makes them essential kitchen items. They are also rather simple to store and clean. e sudden spike in CAGR is attributed to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

There are many different kinds of frying pans, such as non-stick frying pans, which are well-liked and very practical to use because food ingredients won't adhere to the pan. Simply because it requires so little upkeep—just a little oil, a non-stick pan for kitchen collection is a smart idea. Put food in the pan, let it cook, and then put the pan in the dishwasher. But if the browning residue will be used later, it is not a good deglazing option. To improve contact between the food and the pan when using a frying pan, oil is first applied to it.

The fact that the sides of a skillet are angled is one of its distinguishing features. Despite having a somewhat lower surface area than a frying pan of the same size, the cooking area has a number of benefits. They are quite helpful for preparing things like stir-fries and other sorts of frying where it is necessary to move the food around a lot since it provides better access to what is being cooked. Skillets are very useful when serving frittatas straight from the cooking pan.

Skillets are also known as frying pans or frying pans, which can make things a bit confusing for people who are just starting out in the kitchen.

COVID-19 Impact: Sudden Increase in Demand Due to the Pandemic

 A once-in-a-lifetime health and economic catastrophe, COVID-19 fundamentally altered how people work and live. The food consumer goods sector is continuously adapting to the growing demand as it attempts to meet new government regulations and changes in consumer preferences. We won't be returning to the familiar world as a result of the significant and long-lasting effects on the consumer products business. The consumer goods business is undergoing significant structural changes as a result of the crisis, which is fundamentally altering how and what customers buy. The COVID-19 crisis has created a shift in priorities for consumer goods businesses. Market participants have chosen to build up a cross-functional command centre with KPI (key performance indicators) monitoring. Reprioritize enterprise investment plans is set in motion to deal with the consequences of the pandemic.

LATEST TRENDS

"Innovation in Product Design to Promote Market Growth"

Manufacturers update their product designs frequently to meet changing consumer demands. As a result, frying pans and skillets now come with a number of cutting-edge features that make them more flexible than ever before, such as induction bases and removable handles. This factor is anticipated to attract consumers on a large scale and drive the growth of frying pans and skillets market.

Frying Pans and Skillets Market SEGMENTATION

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• By Type

Based on type; the market is divided into aluminium, stainless steel, cast iron and other.

In terms of product, aluminium is the largest segment.

• By Application

Based on application; the market is divided into retail store, supermarket, online store and other.

In terms of application, retail store is the largest segment.

DRIVING FACTORS

"Growing Demand for Non-Stick Frying Pans to Fuel Market Sales"

The popularity of non-stick frying pans and skillets has increased as a result of the rising desire for healthy cooking solutions. These goods aid in lowering the consumption of oil and the quantity of harmful fats in diet. Food does not need to be greased on non-stick surfaces in order to prevent sticking. For greater health, fat reduction eliminates extra calories. The frying pan is time-saving and simple to clean. Non-stick cookware makes it simple to prepare meals and clean the pans because food doesn't stick to it. You can rapidly clean the interior and exterior of your cookware because it is made to be simple to clean. These factors are expected to boost frying pans and skillets market growth.

"Rising Disposable Income of Consumers to Propel Market Growth"

The rise in consumer disposable income is directly correlated with the expansion of the frying pan and skillet market. Consumers are more willing to spend their extra money on high-quality frying pans and skillets that provide superior performance and durability. Frying pans are affordable to anyone and are offered at various price points. They are made of a variety of metals, including stainless steel and aluminium, and have non-stick surfaces for extended usage. This factor largely impacts the performance of the frying pans and skillets market.

RESTRAINING FACTORS

"Rising Demand for Economical Cooking to Restrain Market Growth"

Due to the meal being first wrapped in a layer of fat, fried foods are tough to digest. High temperatures cause greater nutritional losses, especially for fat-soluble nutrients. It is not a cost-effective way of cooking because fats and oils are pricey. This is anticipated to hinder the growth of frying pans and skillets market.

Frying Pans and Skillets Market REGIONAL INSIGHTS

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"North America to Dominate the Market Due to Awareness Among the Population"

Due to the substantial demand for products used in cooking, North America dominated the global frying pans and skillets market share. Over the course of the forecast period, the region is anticipated to develop, which may be ascribed to counties' growing production and sales of electric vehicles. Due to rising consumer knowledge of the health advantages of frying pans and skillets as well as rising disposable income levels in emerging economies, North America accounted for a sizable portion of global sales.

KEY INDUSTRY PLAYERS

"Prominent Industry Players in the Industry to Promote Market Expansion"

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the market.

List of Market Players Profiled

• Meyer Group (U.S.)
• BergHOFF (U.S.)
• Fissler (Germany)
• SEB (Sweden)
• Le Creuset (France)
• Cristel (U.S.)
• ZWILLING (Germany)
• Cooker King (China)
• Tramontina (Brazil)

REPORT COVERAGE

We were able to better comprehend current market dynamics, the supply-demand imbalance, pricing trends, product preferences, consumer behaviours, and other factors thanks to the research. Primary study with industry professionals and opinion leaders from several nations further corroborated the findings. Through a variety of market estimation and data validation procedures, the data is further collated and validated. The paper offers analysis of current market dynamics, downstream demand, and upstream raw material supply. The report's geographical analysis section includes data on regional product sales in terms of volume and revenue.