Kitchen & Cookware Stores
The Kitchen and Cookware Stores industry has experienced moderate growth over the five years to 2019 in line with expanding markets for both new kitchen equipment and replacement goods. During the five-year period, growth in housing market activity has supported an influx of industry demand from new equipment buyers. Existing home sales and housing starts have both risen during the period, leading consumers on the move to furnish their new kitchens with quality appliances and cookware and bolstering the industry's new equipment market. same year. Although economic conditions have improved over the five years to 2019, supporting demand for kitchen and cookware products, industry retailers have continued to experience mounting external competition from a range of operators that include department stores, mass merchandisers and online-only retailers. Over the five years to 2024, sustained growth in the housing market and subsequent rises in home sales are anticipated to drive demand for industry products. However, an increasing level of both internal and external competition, as well as an expected decline in the Consumer Confidence Index, are projected to hinder the industry from a more robust expansion.
This industry includes operators that primarily sell kitchen and cookware such as pots and pans, bakeware, cutlery and utensils. Merchandise is generally purchased from domestic manufacturers and wholesalers and then sold to the public.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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