Skillets and frying pans are used for frying, searing and browning food but the skillets are deeper than the frying pan.
The demand for skillets is more in the commercial sector where high heat grilling with shallow and deep-frying is required. As a result, skillets and frying pans market is set to witness steady growth at a CAGR of ~5.2% during the forecast period.
What is Driving Demand for Skillets and Frying Pans?
Evolving end-user inclination towards eco-friendly cooking products and frying pans because of deforestation and climate change is driving the demand for the product.
This has raised the demand for sustainable cookware made with various sustainable materials which are free from glues, dyes, polymers or coatings. Therefore, demand for sustainable products along with aesthetic appeal is expected to play a key role in promoting the use of products in the near future.
For instance, Great Jones has launched cookware made with non-toxic sustainable material. Similarly, Our Place, the Los Angeles-based cookware company, has introduced frying pans and skillets made with responsible materials and utensils with PTFE as well as Teflon free. Also, many players are investing in the research and development sector for expending their portfolio in sustainable fields.
Furthermore, the changing lifestyle and rising trend of modular kitchen is driving the market for skillets and fryin pans in the residential as well as commercial sector is expected to promote the use of various potable mini fridges over the next few years.
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Increasing Preference for Fried Food Likely to Augment Skillets and Frying Pans Sales
Over the past few years, participation in outdoor recreational activities including outing, picnic, camping, trekking and road trip among different age groups has propelled the product demand.
In addition, work from home culture during pandemic have encouraged people to try out varities of dishes with the help og social media platforms like You Tube, Instagram and Facebook. As a result, this trend has increased the demand for various cookware products including skillers and frying pans.
Furthermore, the rise in the number of commercial kitchens, hotels, cafes, restaurants has triggered the sales of frying pans and skillets. Also, in countries like China, and India people are more attracted towards the street food and fried food items. Increasing preference for food like hot dogs, chicken, Kung-pao-chicken, spring rolls, eggs rolls, ginger beef, and other fast food items are likely to increase the demand for frying pans and skillets in developing countries.
However, during the COVID-19 pandemic, the industry supply chain was standstill due to strict lockdown imposed by the government. This led to supply shortage and consumer demand unmet. Nevertheless, home cooking has received considerable focus during this time due to the growing concern about food cooked in public places, such as restaurants, cafes and hotels. Skillet and frying pen sales have increased in line with this shifting trend.
US and Canada Skillets and Frying Pans Market Outlook
The continued expansion of the residential sector, increasing number of home remodeling and renovation projects, and rising disposable income are expected to generate significant demand for cookware products including skillets and frying pans in this region over the forecast period.
Moreover, increasing awareness regarding healthy eating lifestyle among consumers of north America is driving the demand for home cooked food which in turn is driving the demand for electric frying pans. These pans are high in demand among the U.S population as it requires less oil for cooking which is good for health.
These electric frying pan saves time also having a regulator for the adjustment of the temperature. This encourages other players in the world to expand their product offering in the electric sector also.
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Europe Demand Outlook for Skillets and Frying Pans
With the spurring number of households in the European region and the growing trend of nuclear family is expected to increase the demand for the product.
In addition, a growing number of quick-serve food restaurants in European region, including Germany and the UK, who are using digitalization as a tool to connect brands with consumers, are promoting the use of various cookware products including skillets and pans which is expected to play an important role in near future.
Who are the Key Manufacturers and Suppliers of Skillets and Frying Pans?
The key players emphasize product advancement because new product improvement helps the manufacturers to increase their brand penetration and gain a competitive advantage over other brands in the market. Some of the leading manufacturers and suppliers of frying pans and skillets include
GreenPan, YongKang Tower Industrial and Trade Co., Ltd
Circulon
Cuisinart., and All-Clad, Le Creuset. among others.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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