This statistic shows the projected top ten largest national economies in 2050. By 2050, China is forecasted to have a gross domestic product of over ** trillion U.S. dollars.
The impact of climate change has been forecasted to affect the economies of South-East Asian Nations (ASEAN) the hardest. The maximum projected loss incurred by the ASEAN in the event of a 3.2°C temperature rise is 37.4 percent. This is more than double the forecast loss of the Advanced Asia economies and 10 percent higher than the next largest forecast loss of the Middle East & Africa.
This statistic shows the top ten countries projected to have the greatest average annual growth in gross domestic product from 2016 to 2050. From 2016 to 2050, Vietnam is projected to have an average annual GDP growth rate of 5 percent.
Since the beginning of the 21st century, the BRICS countries have been considered the five foremost developing economies in the world. Originally, the term BRIC was used by economists when talking about the emerging economies of Brazil, Russia, India, and China, however these countries have held annual summits since 2009, and the group has expanded to include South Africa since 2010. China has the largest GDP of the BRICS country, at 16.86 trillion U.S. dollars in 2021, while the others are all below three trillion. Combined, the BRICS bloc has a GDP over 25.85 trillion U.S. dollars in 2022, which is slightly more than the United States. BRICS economic development China has consistently been the largest economy of this bloc, and its rapid growth has seen it become the second largest economy in the world, behind the U.S.. China's growth has also been much faster than the other BRICS countries; for example, when compared with the second largest BRICS economy, its GDP was less than double the size of Brazil's in 2000, but is almost six times larger than India's in 2021. Since 2000, the country with the second largest GDP has fluctuated between Brazil, Russia, and India, due to a variety of factors, although India has held this position since 2015 (when the other two experienced recession), and it's growth rate is on track to surpass China's in the coming decade. South Africa has consistently had the smallest economy of the BRICS bloc, and it has just the third largest economy in Africa; its inclusion in this group is due to the fact that it is the most advanced and stable major economy in Africa, and it holds strategic importance due to the financial potential of the continent in the coming decades. Future developments It is predicted that China's GDP will overtake that of the U.S. by the end of the 2020s, to become the largest economy in the world, while some also estimate that India will also overtake the U.S. around the middle of the century. Additionally, the BRICS group is more than just an economic or trading bloc, and its New Development Bank was established in 2014 to invest in sustainable infrastructure and renewable energy across the globe. While relations between its members were often strained or of less significance in the 20th century, their current initiatives have given them a much greater international influence. The traditional great powers represented in the Group of Seven (G7) have seen their international power wane in recent decades, while BRICS countries have seen theirs grow, especially on a regional level. Today, the original BRIC countries combine with the Group of Seven (G7), to make up 11 of the world's 12 largest economies, but it is predicted that they will move further up on this list in the coming decades.
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As per Cognitive Market Research's latest published report, the Global Non-Stick Cookware market size will be $13,628.21 Million by 2028.The Global Non-Stick Cookware Industry's Compound Annual Growth Rate will 3.73% from 2023 to 2030.
The North America Non-Stick Cookware market size will be USD 4,572.27 Million by 2028.
Factors Affecting the Non Stick Cookware Market
Increasing population ratio and rapid urbanization in emerging countries
China and India are the world's biggest creating economies and furthermore two of the most crowded nations. China, which presently has more than 1.3 billion individuals, is required to develop to more than 1.4 billion by 2050, and India with a population of 1 billion will surpass China to be the most crowded nation with about a 1.6 billion population. These population giants are home to 37% of the total population today. Also, China and India have made eminent progress in their financial improvement described by a high pace of GDP development over the most recent two decades. Together the two nations account as of now for just about a fifth of world GDP.
Developing nations, for example, India and China have abounding population besting the one-billion imprints; both experienced the progress from a shut economy to a more market–situated commitment with the outside world in exchange and speculation; and both to date are in the procedures of industrialization and modernization joined by significant rates of economic growth.
The rapid urbanization in many countries including developed nations over the past 50 years appears to have been joined by unnecessarily elevated levels of grouping of the urban population in extremely enormous urban communities. In any case, in a develop arrangement of urban communities, economic activity is increasingly spread out. Since forever, urban areas have been the primary habitats of learning, culture and development.
It is not surprising that the world's most urban countries tend to be the richest and have the highest human development. Progressing rapid urbanization can possibly improve the prosperity of social orders. Albeit just around a large portion of the world's kin live in urban areas, they create in excess of 80 percent of Global Domestic Product (GDP).
Due to growing population and urbanization people spending capacity has also increased gradually. People give preference to the health development. Additionally, increasing urbanization results in surging nuclear family which enhances the demand for kitchen appliances and cookware. Moreover, rise in working-class population prefers quickly made home-cooked healthy food with the help of modern kitchen appliances that results in mounting of demand for non-stick cookware.
Following graph shows the, world's population who lives in urban area. Also, every region provides the growth ratio of their population from year 1990 till forecast year 2050. All in one this analysis shows how population growth impacts on rapid urbanization. According to graph, Asia Pacific region’s population growth is expected to grow in forecast period.
Varieties of non-stick cookware and wide availability in retail channels
Restraints for Non-Stick Cookware Market
Availability of substitute products. (Access Detailed Analysis in the Full Report Version)
Opportunities for Non-Stick Cookware Market
Rise in disposable income and spending habits. (Access Detailed Analysis in the Full Report Version)
Introduction of Non Stick Cookware
A non-stick cookware is a kitchen cookware such as non-stick pans that has a non-stick surface engineered to reduce the ability of other materials to stick to it. It ensures quick proper cooking of the food in the cookware without sticking. The commonly used non-stick coating cookware is Teflon, ceramic coated cookware.
There are various benefits of non-stick cookware such as affordable, lightweight, easy to handle provides easy cleaning of food. The non-stick cookware in form of frying pans, saucepan, griller, casseroles are made up of different coating material such as Teflon, ceramic coated, anodized aluminum, these are durable, user-friendly, scratch resistant and are stable at temperature till 300 degree Celsius. They use less oil and allows even heat distribution that enhances the flavors of dish and quick heating enables quicker cooking of t...
The statistic shows gross domestic product (GDP) per capita in Indonesia from 1987 to 2023, with projections up until 2030. GDP is the total value of all goods and services produced in a country in a year. It is considered to be a very important indicator of the economic strength of a country and a positive change is an indicator of economic growth. In 2023, the GDP 29per capita in Indonesia amounted to around 4,919.94 U.S. dollars. Indonesia's gross domestic product on the rise Indonesia has the largest economy in Southeast Asia is considered one of the most important emerging market economies in the world. Indonesia is a member of the G-20 economies and a founding member of ASEAN. It has one of the largest gross domestic products in the world: In 2014, the Indonesian GDP was reported to exceed 856 billion U.S. dollars. GDP in Indonesia has been increasing rapidly and in 2011, it was estimated that it had grown by more than 6.4 percent in comparison to the previous year. That same year, global GDP amounted to more than 72 trillion U.S. dollars - with the exception of 2009, global GDP has been continuously increasing each year over the past decade. Based on purchasing power parity, Indonesia's share in the global GDP is significantly higher than that of other major economies, and in 2014 was almost on the same level with France and higher than the UK's share. According to a forecast by Goldman Sachs, Indonesia will be among the 15 countries with the largest gross domestic product worldwide by 2030. In addition, the gross domestic product per capita in Indonesia has also undergone a rapid increase. Over the past decade, GDP per capita in Indonesia has quadrupled, a remarkable feat seldom seen in any economy.
In 2023, the estimated total GDP of all ASEAN states amounted to approximately 3.8 trillion U.S. dollars, a significant increase from the previous years. In fact, the GDP of the ASEAN region has been skyrocketing for a few years now, reflecting the region’s thriving economy. Power in the EastThe Association of Southeast Asian Nations (ASEAN) comprises Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. It was established in 1967 among five of these countries (Indonesia, Malaysia, Thailand, Singapore, and the Philippines) to facilitate trade and economic growth, as well as promote cultural development and social structures in the region. To date, they have been joined by another five nations. The ASEAN marketThe founding of the ASEAN organization provides the collaborating nations with more autonomy and influence on the global economy than they would have had by themselves. Additionally, struggling participating countries, such as Laos, are given an opportunity to grow on an ASEAN single market.
The statistic shows the gross domestic product (GDP) per capita in Canada from 1987 to 2023, with projections up until 2029. In 2023, the gross domestic product per capita in Canada was around 53,607.4 U.S. dollars. Canada's economy GDP per capita is a measurement often used to determine economic growth and potential increases in productivity and is calculated by taking the GDP and dividing it by the total population in the country. In 2014, Canada had one of the largest GDP per capita values in the world, a value that has grown continuously since 2010 after experiencing a slight downturn due to the financial crisis of 2008. Canada is seen as one of the premier countries in the world, particularly due to its strong economy and healthy international relations, most notably with the United States. Canada and the United States have political, social and economical similarities that further strengthen their relationship. The United States was and continues to be Canada’s primary and most important trade partner and vice versa. Canada’s economy is partly supported by its exports, most notably crude oil, which was the country’s largest export category. Canada was also one of the world’s leading oil exporters in 2013, exporting more than the United States. Additionally, Canada was also a major exporter of goods such as motor vehicles and mechanical appliances, which subsequently ranked the country as one of the world’s top export countries in 2013.
In 2023, London had a gross domestic product of over 569 billion British pounds, by far the most of any region of the United Kingdom. The region of South East England which surrounds London had the second-highest GDP in this year, at over 360 billion pounds. North West England, which includes the major cities of Manchester and Liverpool, had the third-largest GDP among UK regions, at almost 250 billion pounds. Levelling Up the UK London’s economic dominance of the UK can clearly be seen when compared to the other regions of the country. In terms of GDP per capita, the gap between London and the rest of the country is striking, standing at over 63,600 pounds per person in the UK capital, compared with just over 37,100 pounds in the rest of the country. To address the economic imbalance, successive UK governments have tried to implement "levelling-up policies", which aim to boost investment and productivity in neglected areas of the country. The success of these programs going forward may depend on their scale, as it will likely take high levels of investment to reverse economic neglect regions have faced in the recent past. Overall UK GDP The gross domestic product for the whole of the United Kingdom amounted to 2.56 trillion British pounds in 2024. During this year, GDP grew by 0.9 percent, following a growth rate of 0.4 percent in 2023. Due to the overall population of the UK growing faster than the economy, however, GDP per capita in the UK fell in both 2023 and 2024. Nevertheless, the UK remains one of the world’s biggest economies, with just five countries (the United States, China, Japan, Germany, and India) having larger economies. It is it likely that several other countries will overtake the UK economy in the coming years, with Indonesia, Brazil, Russia, and Mexico all expected to have larger economies than Britain by 2050.
In 2024, Germany was the leading EU country in terms of population, with around 85 million inhabitants. In 2050, approximately 89.2 million people will live in Germany, according to the forecast. See the total EU population figures for more information. The global population The global population is rapidly increasing. Between 1990 and 2015, it increased by around 2 billion people. Furthermore, it is estimated that the global population will have increased by another 1 billion by 2030. Asia is the continent with the largest population, followed by Africa and Europe. In Asia,the two most populous nations worldwide are located, China and India. In 2014, the combined population in China and India alone amounted to more than 2.6 billion people. for comparison, the total population in the whole continent of Europe is at around 741 million people. As of 2014, about 60 percent of the global population was living in Asia, with only approximately 10 percent in Europe and even less in the United States. Europe is the continent with the second-highest life expectancy at birth in the world, only barely surpassed by Northern America. In 2013, the life expectancy at birth in Europe was around 78 years. Stable economies and developing and emerging markets in European countries provide for good living conditions. Seven of the top twenty countries in the world with the largest gross domestic product in 2015 are located in Europe.
The statistic shows GDP per capita in the United Kingdom from 1987 to 2020, with projections up until 2030. In 2020, GDP per capita in the United Kingdom was at around 40,230.55 US dollars. The same year, the total UK population amounted to about 67.26 million people. The United Kingdom is among the leading countries in a world GDP ranking.Falling unemployment in a time of recessionGDP is a useful indicator when it comes to measuring the state of a nation’s economy. GDP is the market value of all final goods and services produced within a country in a given period of time, usually a year. GDP per capita equals exactly the GDI (gross domestic income) per capita and is not a measure of an individual’s personal income.As can be seen clearly in the statistic, gross domestic product (GDP) per capita in the United Kingdom is beginning to increase, albeit not to pre-recession levels. The UK is beginning to see signs of an economic recovery, though as of yet it remains unclear what sort of recovery this is. Questions have been raised as to whether the growth being seen is the right sort of growth for a well balanced recovery across the necessary sectors. An interesting oddity occurred in the United Kingdom for nine months in 2012, which saw a decreasing unemployment occurring at the same time as dip in nationwide economic productivity. This seems like good - if not unusual - news, but could be indicative of people entering part-time employment. It could also suggest that labor productivity is falling, meaning that the UK would be less competitive as a nation. The figures continue to rise, however, with an increase in employment in the private sector. With the rate of inflation in the UK impacting everyone’s daily lives, it is becoming increasingly difficult for vulnerable groups to maintain a decent standard of living.
The statistic shows GDP in India from 1987 to 2024, with projections up until 2030. In 2024, GDP in India was at around 3.91 trillion U.S. dollars, and it is expected to reach six trillion by the end of the decade. See figures on India's economic growth here, and the Russian GDP for comparison. Historical development of the Indian economy In the 1950s and 1960s, the decision of the newly independent Indian government to adopt a mixed economy, adopting both elements of both capitalist and socialist systems, resulted in huge inefficiencies borne out of the culture of interventionism that was a direct result of the lackluster implementation of policy and failings within the system itself. The desire to move towards a Soviet style mass planning system failed to gain much momentum in the Indian case due to a number of hindrances, an unskilled workforce being one of many.When the government of the early 90’s saw the creation of small-scale industry in large numbers due to the removal of price controls, the economy started to bounce back, but with the collapse of the Soviet Union - India’s main trading partner - the hampering effects of socialist policy on the economy were exposed and it underwent a large-scale liberalization. By the turn of the 21st century, India was rapidly progressing towards a free-market economy. India’s development has continued and it now belongs to the BRICS group of fast developing economic powers, and the incumbent Modi administration has seen India's GDP double during its first decade in power.
In 2023, the highest regional Gross Domestic Product in Italy was registered in the northern region of Lombardy, roughly 490 billion euros, followed by Lazio, about 239 billion euros, and Veneto, 137 billion euros. The lowest GDP was recorded in Aosta Valley, in the north, and in Molise, in the south of Italy. A deep economic gap Among the top-10 Italian regions with the highest GDP, five are located in the north of the country: Lombardy, Veneto, Emilia Romagna, Piedmont, and Liguria. Campania, the most populous region in the south, ranked only seventh nationally. These results highlight the deep economic disparities between the north and the south of Italy. The GDP of the northwestern regions reached 709 billion euros in 2023, while the south recorded less than half of the northern regions’ figures. Thus, Lombardy, Piedmont, Liguria, and Aosta Valley constitute Italy's economic driving force. In particular, Lombardy is the region with the highest salaries nationwide, 33,635 euros gross per year, 4,300 euros more than in Campania. Actions by policymakers aimed at closing the economic and wage gap are essential for the full development of southern Italian regions. The demographic divide Despite weaker economic indicators compared to the north, southern regions record better demographic figures. Italy’s population is progressively aging and the number of residents has declined recently. The median age of Italians is expected to reach 52.9 years by 2050. However, the south of the country contributes to mitigating the demographic decline. In fact, birth rates are the highest in the southern regions, in Sicily, and in Sardinia, with 6.6 childbirths per 1,000 inhabitants, well above the 6.2 births per 1,000 residents recorded in the northwest. Additionally, the southern population is on average two years younger than the those living in the northern regions.
Germany’s GDP per capita stood at almost 54,989.76 U.S. dollars in 2024. Germany ranked among the top 20 countries worldwide with the highest GDP per capita in 2021 – Luxembourg, Ireland and Switzerland were ranked the top three nations. Rising annual income in Germany The average annual wage in Germany has increased by around 5,000 euros since 2000, reaching in excess of 39,000 euros in 2016. Germany had the tenth-highest average annual wage among selected European Union countries in 2017, ranking between France and the United Kingdom. Growing employment More than two thirds of the working population in Germany are employed in the service sector, which generated the greatest share of the country’s GDP in 2018. Unemployment in Germany soared to its highest level in decades in 2005, but the rate has since dropped to below 3.5 percent. The youth unemployment rate in Germany has more than halved since 2005 and currently stands around 6.5 percent.
This statistic shows the gross domestic product (GDP) per capita in Italy from 1987 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. In 2024, the GDP per capita in Italy was around 40,224.01 U.S. dollars. Italy's struggling economy Italy’s GDP per capita has been unstable since 2008, often experiencing slight increases and decreases annually. The third largest economy of the euro area not only suffered from the global financial crisis, they were also one of the primary victims of the euro area crisis. One of the outcomes is the significant growth of Italy’s national debt, which saw continued upsurges every year over the past decade. With the collapse of investments and loss of industrial production, the Italian state was forced to resort to increase taxation and decrease spending. Additionally, Italy was forced to borrow more, which in turn increased national debt and furthermore their debt-to-GDP ratio. A debt-to-GDP ratio is significant to help determine if a country can pay off its debts without incurring more. Increased taxation and decrease spending helped with reducing expenditures as well as raising revenues, however Italy still maintained a trade balance deficit, which has only recently< started to recover. Several reasons for Italy’s downturn as a country are unnecessary spending and incompetent leadership.
Based on a business-as-usual trend, global carbon dioxide emissions are forecast to increase to some 43.08 billion metric tons in 2050, in comparison to 35.3 billion metric tons of carbon dioxide in 2018. Carbon dioxide emissions reached its highest level in 2018 due to a strong economy and extreme weather conditions. Summers with heatwaves push air conditioning usage and harsher winters lead to more heating. A booming economy has a greater thirst for energy than one that is struggling or even in recession.
Energy-related emissions
The energy sector is one of the largest contributors to carbon dioxide emissions. Carbon dioxide is one of the primary gases that are emitted through burning fossil fuels. However, other emissions like sulfur dioxide, nitrogen oxides, and particulates may also be emitted, especially through burning coal. New coal plants in Asia have also pushed the growth in energy-related emissions. China is one of the largest emitters of energy-related emissions in the world. Despite the country’s move towards renewable energy sources, coal-fueled power still dominates its energy market. Despite efforts to reduce fossil fuel combustion, energy demand has still increased over recent years.
In the past four centuries, the population of the United States has grown from a recorded 350 people around the Jamestown colony of Virginia in 1610, to an estimated 331 million people in 2020. The pre-colonization populations of the indigenous peoples of the Americas have proven difficult for historians to estimate, as their numbers decreased rapidly following the introduction of European diseases (namely smallpox, plague and influenza). Native Americans were also omitted from most censuses conducted before the twentieth century, therefore the actual population of what we now know as the United States would have been much higher than the official census data from before 1800, but it is unclear by how much. Population growth in the colonies throughout the eighteenth century has primarily been attributed to migration from the British Isles and the Transatlantic slave trade; however it is also difficult to assert the ethnic-makeup of the population in these years as accurate migration records were not kept until after the 1820s, at which point the importation of slaves had also been illegalized. Nineteenth century In the year 1800, it is estimated that the population across the present-day United States was around six million people, with the population in the 16 admitted states numbering at 5.3 million. Migration to the United States began to happen on a large scale in the mid-nineteenth century, with the first major waves coming from Ireland, Britain and Germany. In some aspects, this wave of mass migration balanced out the demographic impacts of the American Civil War, which was the deadliest war in U.S. history with approximately 620 thousand fatalities between 1861 and 1865. The civil war also resulted in the emancipation of around four million slaves across the south; many of whose ancestors would take part in the Great Northern Migration in the early 1900s, which saw around six million black Americans migrate away from the south in one of the largest demographic shifts in U.S. history. By the end of the nineteenth century, improvements in transport technology and increasing economic opportunities saw migration to the United States increase further, particularly from southern and Eastern Europe, and in the first decade of the 1900s the number of migrants to the U.S. exceeded one million people in some years. Twentieth and twenty-first century The U.S. population has grown steadily throughout the past 120 years, reaching one hundred million in the 1910s, two hundred million in the 1960s, and three hundred million in 2007. In the past century, the U.S. established itself as a global superpower, with the world's largest economy (by nominal GDP) and most powerful military. Involvement in foreign wars has resulted in over 620,000 further U.S. fatalities since the Civil War, and migration fell drastically during the World Wars and Great Depression; however the population continuously grew in these years as the total fertility rate remained above two births per woman, and life expectancy increased (except during the Spanish Flu pandemic of 1918).
Since the Second World War, Latin America has replaced Europe as the most common point of origin for migrants, with Hispanic populations growing rapidly across the south and border states. Because of this, the proportion of non-Hispanic whites, which has been the most dominant ethnicity in the U.S. since records began, has dropped more rapidly in recent decades. Ethnic minorities also have a much higher birth rate than non-Hispanic whites, further contributing to this decline, and the share of non-Hispanic whites is expected to fall below fifty percent of the U.S. population by the mid-2000s. In 2020, the United States has the third-largest population in the world (after China and India), and the population is expected to reach four hundred million in the 2050s.
In the first quarter of 2021, the wholesale and retail sector remained the largest contributor to the gross domestic product (GDP) of the emirate of Dubai in the United Arab Emirates (UAE), accounting for about 22.7 percent. Meanwhile, the financial services and insurance sector and the transport and storage sector followed at 11.9 and 11.7 percent, respectively.
Global economic hub The United Arab Emirates, the second-largest Arab economy after Saudi Arabia in 2021, is home to key business hubs and financial centers, Dubai and Abu Dhabi. With the government’s strategic initiatives to support a growing environment for budding businesses, Dubai and Abu Dhabi have become the world’s most attractive business destinations for both local and foreign entrepreneurs. As of 2022, UAE was ranked among countries with the most competitive economy by the International Institute for Management Development, based on economic performance, government efficiency, business efficiency, and infrastructure. Road to sustainability
The UAE economy has been historically heavily dependent on oil for its economy, as extractive industries remained the leading driver of the Emirates’ GDP in 2020. However, the UAE has been taking active initiatives towards a “green economy for sustainable development” by diversifying its economy away from oil. The UAE Energy Strategy 2050 sets an aim of 50 percent renewables in the energy mix by 2050, the majority of which would likely stem from photovoltaic systems.
In 2020, the extractive industries, including oil and natural gas, accounted for the largest share of real gross domestic product (GDP) in the United Arab Emirates (UAE), representing just over ** percent. The wholesale and retail trade industries followed closely at approximately **** percent. Conventional versus renewable energy In the United Arab Emirates, extractive industries have long been the backbone of the domestic economy, contributing over *** billion UAE Dirham to the country’s GDP in 2020. The UAE has also been ranked among the global leaders in crude oil production. However, the country is diverging from such conventional energy sources for the sake of a more environmentally sustainable economy. The UAE is working towards ** percent of renewable energy by 2030, while the UAE Strategy 2050 further targets a contribution of ** percent of clean energy to the energy mix. Non-oil economic sectors on the rise Despite the availability of vast deposits of fossil fuels and the country’s historical dependency on these natural resources, the UAE has also been striving towards a more diversified economy. Among the country’s non-oil industries, tourism and hospitality have contributed significantly to domestic economic growth. The pandemic-delayed Dubai Expo 2020 has cushioned the initial shock of COVID-19, offering a worthwhile opportunity for recovery and growth for the UAE tourism-related industries.
The median age in India was 27 years old in 2020, meaning half the population was older than that, half younger. This figure was lowest in 1970, at 18.1 years, and was projected to increase to 47.8 years old by 2100. Aging in India India has the second largest population in the world, after China. Because of the significant population growth of the past years, the age distribution remains skewed in favor of the younger age bracket. This tells a story of rapid population growth, but also of a lower life expectancy. Economic effects of a young population Many young people means that the Indian economy must support a large number of students, who demand education from the economy but cannot yet work. Educating the future workforce will be important, because the economy is growing as well and is one of the largest in the world. Failing to do this could lead to high youth unemployment and political consequences. However, a productive and young workforce could provide huge economic returns for India.
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This statistic shows the projected top ten largest national economies in 2050. By 2050, China is forecasted to have a gross domestic product of over ** trillion U.S. dollars.