Global Kitchenware Market Surges: Expected to Hit $97.18 Billion by 2031

Dublin, Jan. 20, 2026 (GLOBE NEWSWIRE) -- The "Kitchenware - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026-2031)" has been added to ResearchAndMarkets.com's offering. The global kitchenware market is on a robust growth trajectory, with an estimated valuation of USD 79.28 billion by 2026, increasing from USD 76.12 billion in 2025. Projections for 2031 place the market at USD 97.18 billion with a compound annual growth rate (CAGR) of 4.15% over the 2026-2031 period. Key growth drivers include an increase in disposable income, more stringent material safety regulations, and the sustained trend of home cooking even as foodservice recovers. Stainless steel continues to dominate the market, especially in light of PFAS phase-outs, while ceramic and other PTFE-free coatings are gaining traction as symbols of safety and value. The rise in online retail, enhanced by social media product discovery, is disrupting traditional distribution channels, allowing niche brands to scale rapidly. Manufacturers focusing on low-carbon footprints or induction-ready designs are securing premium shelf spaces. Market Trends and Insights Rising disposable income levels and increased renovation spending are leading to premium kitchen upgrades, fueling repeat purchases across various categories like dinnerware, cookware, and storage. For instance, India's houseware segment is expected to double to USD 6 billion by 2026. Moreover, higher renovation budgets in Germany and other parts of Europe drive demand for coordinated sets matching open-concept living spaces. The expansion of e-commerce and direct-to-consumer (D2C) channels enhances market access, offering personalized marketing that effectively converts interest into sales. Lower barriers to entry also mean regional specialists, like Southeast Asia's carbon steel wok producers, can cater to localized preferences effectively. However, raw material price volatility poses challenges. Increasing prices for essential materials are impacting profit margins, especially for mid-tier brands that can't leverage long-term hedging programs. European producers are particularly affected, often leading to localized production strategies to mitigate costs. Segment Analysis In 2025, dinnerware accounted for 35.82% of sales, remaining the market's most dependable category driven by frequent repeat purchases. Meanwhile, bakeware is poised for rapid growth at a 6.95% CAGR, influenced by social media-led baking trends. Cookware, integral for daily food preparation, and tableware, boosted by hosting trends, continue thriving in this dynamic market. Stainless steel maintains a 55.88% market share, valued for its durability. Regulations are spurring demand for non-stick ceramic coatings, projected to grow at 6.55% CAGR. Innovations such as Fraunhofer-developed Plaslon coatings offer long lifespans, addressing performance gaps. Geographic Insights North America, holding 39.05% of 2025 revenue, benefits from a mature consumer base and a thriving culinary culture, supported by innovation amidst PFAS regulations. E-commerce growth, driven by influencer partnerships, is outperforming traditional channels. Meanwhile, Asia-Pacific emerges as a primary growth engine through 2031, driven by India's booming market and China's competitive segments. Europe is influenced by sustainability and circular economy trends, with market dynamics increasingly shaped by environmental regulations. Southern Europe benefits from tourism-driven hospitality upgrades, increasing demand for compatible cookware. A selection of companies mentioned in this report includes, but is not limited to: Groupe SEB Newell Brands Meyer Corporation Williams-Sonoma IKEA TTK Prestige Le Creuset Hawkins Cookers Lodge Manufacturing Tramontina Conair (Cuisinart) Farberware The Vollrath Company Libbey Inc. Arc International Zwilling J.A. Henckels Brabantia Winco Lenox Corporation* For more information about this report visit https://www.researchandmarkets.com/r/dyl104 About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.