Russia Cookware Market (2020-2026) | Value, Size, Revenue, Companies, Growth, Share, Outlook, Analysis, Trends, COVID-19 IMPACT, Forecast & Industry
Market Forecast By Material Type (Aluminium, Stainless Steel, Others), By Distribution Channels (Offline, Online) And Competitive Landscape
| Product Code: ETC005972 | Publication Date: Jun 2023 | Updated Date: Nov 2023 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Russia Cookware Market Shipment Analysis
Russia Cookware Market registered a growth of 4.32% in value shipments in 2021 as compared to 2020 and an increase of 9.83% CAGR in 2021 over a period of 2017. In Cookware Market Russia is becoming less competitive as HHI index in 2021 was 5678 while in 2017 it was 4564. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.
Russia has reportedly relied more on imports to meet its growing demand in Cookware Market. Russia is shifting towards local production to meet its demand as we see the trend is shifting towards reducing imports. The import factor of Cookware Market in 2021 was 4.92 while in 2017 it was 7.32. China, France, Italy, India and Turkey were among the top players of the market in 2021, where China acquired the largest market share of 74.86% with a shipment value of 239.59 million USD in 2022 China also offered the product below the average market price thus having a competitive advantage over others In 2017 China had the largest market share of 66.46% with the shipment value of 127.59 million USD. The country was offering its product with an average price which is higher than the average market price offered in the country. Although China offers its product above the market average price, it remained at the leadership position indicating the brand value it holds in the Russia Cookware Market in 2017.
Russia Cookware Market Synopsis
Cooking pots are the most popular product type, accounting for almost half of all sales. Cast ironbased products also continue to be popular due to their low cost and good durability. Non-stick pans are becoming increasingly common as well, particularly among younger consumers who prefer convenience in cooking over traditional methods. Consumption patterns tend to vary slightly between regions: while Russians generally prefer metal or cast iron products in Eastern Russia, ceramic and glass products gain more traction in Western parts of the country due to their availability from international manufacturers such as IKEA and Tefal.
Overall, imports constitute a significant part of total retail sales estimated at 40% - mainly composed by high-end imported non-stick pans from Germany or Italy that can cost up to $100 USD (RUB 6500). However, Chinese exports remain dominant within lower-priced segments despite increasing competition from domestic producers such as Belkashmetallmashprom or Gostekhservisavtomatika which offer reasonable quality at competitive prices.
Key Highlights of the Report:
- Russia Cookware Market Outlook
- Market Size of Russia Cookware Market, 2019
- Forecast of Russia Cookware Market, 2026
- Historical Data and Forecast of Russia Cookware Revenues & Volume for the Period 2016 - 2026
- Russia Cookware Market Trend Evolution
- Russia Cookware Market Drivers and Challenges
- Russia Cookware Price Trends
- Russia Cookware Porter's Five Forces
- Russia Cookware Industry Life Cycle
- Historical Data and Forecast of Russia Cookware Market Revenues & Volume By Material Type for the Period 2016 - 2026
- Historical Data and Forecast of Russia Cookware Market Revenues & Volume By Aluminium for the Period 2016 - 2026
- Historical Data and Forecast of Russia Cookware Market Revenues & Volume By Stainless Steel for the Period 2016 - 2026
- Historical Data and Forecast of Russia Cookware Market Revenues & Volume By Others for the Period 2016 - 2026
- Historical Data and Forecast of Russia Cookware Market Revenues & Volume By Distribution Channels for the Period 2016 - 2026
- Historical Data and Forecast of Russia Cookware Market Revenues & Volume By Offline for the Period 2016 - 2026
- Historical Data and Forecast of Russia Cookware Market Revenues & Volume By Online for the Period 2016 - 2026
- Russia Cookware Import Export Trade Statistics
- Market Opportunity Assessment By Material Type
- Market Opportunity Assessment By Distribution Channels
- Russia Cookware Top Companies Market Share
- Russia Cookware Competitive Benchmarking By Technical and Operational Parameters
- Russia Cookware Company Profiles
- Russia Cookware Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Russia Cookware Market Overview |
3.1 Russia Country Macro Economic Indicators |
3.2 Russia Cookware Market Revenues & Volume, 2019 & 2026F |
3.3 Russia Cookware Market - Industry Life Cycle |
3.4 Russia Cookware Market - Porter's Five Forces |
3.5 Russia Cookware Market Revenues & Volume Share, By Material Type, 2019 & 2026F |
3.6 Russia Cookware Market Revenues & Volume Share, By Distribution Channels, 2019 & 2026F |
4 Russia Cookware Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Russia Cookware Market Trends |
6 Russia Cookware Market, By Types |
6.1 Russia Cookware Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Russia Cookware Market Revenues & Volume, By Material Type, 2016 - 2026F |
6.1.3 Russia Cookware Market Revenues & Volume, By Aluminium, 2016 - 2026F |
6.1.4 Russia Cookware Market Revenues & Volume, By Stainless Steel, 2016 - 2026F |
6.1.5 Russia Cookware Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 Russia Cookware Market, By Distribution Channels |
6.2.1 Overview and Analysis |
6.2.2 Russia Cookware Market Revenues & Volume, By Offline, 2016 - 2026F |
6.2.3 Russia Cookware Market Revenues & Volume, By Online, 2016 - 2026F |
7 Russia Cookware Market Import-Export Trade Statistics |
7.1 Russia Cookware Market Export to Major Countries |
7.2 Russia Cookware Market Imports from Major Countries |
8 Russia Cookware Market Key Performance Indicators |
9 Russia Cookware Market - Opportunity Assessment |
9.1 Russia Cookware Market Opportunity Assessment, By Material Type, 2019 & 2026F |
9.2 Russia Cookware Market Opportunity Assessment, By Distribution Channels, 2019 & 2026F |
10 Russia Cookware Market - Competitive Landscape |
10.1 Russia Cookware Market Revenue Share, By Companies, 2019 |
10.2 Russia Cookware Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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