Kitchenware Market Is Expected To Reach USD 43.2 Billion By 2025 : Grand View Research Inc.
San Francisco, 31 October 2019: The Report Kitchenware Market Size, Share & Trends Analysis Report By Product (Cookware, Bakeryware), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2019 – 2025 The global kitchenware market size is expected to reach USD 77.4 billion by 2025, according to a new report by Grand View Research, Inc.,expanding at a CAGR of 4.5% over the forecast period. Growing hospitality industry, urbanization, increasing number of households, and rising disposable income are some of the prominent factors for the market growth. The cookware product segment dominated the market and accounted for more than 35.0% share of the overall revenue in 2018. Consumers prefer to cook different types of cuisines, especially in countries such as India and China. This is likely to drive the market for cookware to the positive side in the forecast period. Bakeryware is anticipated to register the fastest CAGR of 5.0% in the forecast period