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Report Description

Global electric rice cooker market is anticipated to grow at brisk rate through 2028 on account of shifting consumer preference in favor of energy-efficient cooking equipment, such as the electric rice cooker and increasing reliance on electrical appliances that are simple to operate and take less time to prepare. Additionally, advances in the technology are expected to positively influence the growth of the market in the next five years.

 

Electric rice cookers regulate the cooking of rice by electrically adjusting heat and timing. And furthermore, it includes a variety of cooking programmed that allow for the preparation of a wide variety of foods, including grains, different types of rice, oatmeal, and hot cereal, steam vegetables, cooking soups, and stews. This is one of the main reasons why they are a popular culinary equipment. Additionally, 127.63M number of households in the United State and  revenue of rice cooker in China was 218.265 million in 2019 , is projected to further fuel the market growth during the forecast period.

 

The creation of connected kitchen appliances is a result of the industry's top players changing their attention from product development to innovation to gain a competitive edge. As a result of the Internet of Things (IoT) being used to connect electric rice cookers, connected cooking has become more and more popular over the past several years. For instance, the first IoT-enabled smart rice cooker in India was just unveiled by TTK Prestige. This appliance can be remotely managed and controlled from the user's phone using the Prestige Smart App, making it ideal for anyone leading a busy lifestyle.

 

Consumer preferences have changed, allowing manufacturers of kitchen appliances to experiment with new product designs. These goods enable the producers of kitchen appliances to diversify their product lines and better meet customers' expanding needs. By using a product expansion plan, they can reach a wider market and increase their consumer base. Additionally, to accommodate domestic and commercial uses, the manufacturing companies are concentrating on providing multifunctionality features electric rice cooker in a different range of capacities, from tiny to extra-large. For instance, Panasonic Corporation, Zojirushi America Corporation, Group SEB, Breville Group, Midea Group are offering multifunction electric rice cooker.

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Rising Demand for Energy Efficiency and Versatile Cooking Option Fueling the Market Growth

The one of the key factors anticipated to propel the market over the coming few years is the growing significance of energy-saving appliances like induction heat electric rice cooker and multifunction electric rice cooker by reduce time required to do the household chores. And multi-function programmed for cooking such as different types of rice cook, steaming features, making soups etc. Additionally increasing numbers of working women and their busy lifestyle of both the family members (wife & husband) with their office works and they are having less time to do the daily household work. So, these appliances help save time for themselves and as well as increases efficiency in their workforce. Hence, this factor is attributed to increase the market growth.

Increasing Usage in Commercial Sector Fuel the Market Growth

The commercial electric rice cooker segment is expected to grow a CAGR of 7.30% from 2018 to 2028, due to its low maintenance and monitoring requirements. Better cooking and even heating are ensured by the 3D heating mode, electric rice cookers are anticipated to become more prevalent in commercial sectors like hotels and restaurants. Additionally, the government restrictions prohibiting the use of gas connections in densely populated commercial areas will also promote the rise in demand for electric rice cookers for commercial use.

New technological innovations driving the Market Growth

Due to rising consumer demand for more premium household products, manufacturers are being compelled to create new product releases. Such as LCD display with timer, nonstick inner cooking pan, 3D heating technology and portability programmable settings. For instance, TTK Prestige offers a smart electric rice cooker, Zojirushi American Corporation offering a micro computerized fuzzy logic technology.

Market Segmentation

The global electric rice cooker market is segmented based on product type, capacity, end use, distribution channel, region, and competitional landscape. Based on product type, the market is further fragmented into Standard, Multifunction & Induction. Based on capacity, the market is divided into the Less Than 2 Litre, 2 Litre – 4 Litre and More Than 4 Litre. Based on end use, the further divide into residential vs commercial. Based on distribution channels, the market is segmented into supermarkets/hypermarkets, specialty stores, multi-branded stores, online, exclusive stores & others (direct sales, distributors & dealers). The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Asia-Pacific, Europe, North America, South America, and Middle East & Africa.

Company Profiles

Midea Group Co., Ltd., Panasonic Corporation, Group SEB, Breville Group, Zojirushi America Corporation, Koninklijke Philips N.V., TTK Prestige Limited, AB Electrolux, Newell Brands (Oster) and Aroma Housewares Company are among the major market players in the global electric rice cooker market. Various companies are offering a wide variety of electric rice cooker such as standard, multifunction, induction heat. To remain competitive in the market companies are focusing on new innovations and launches.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2022

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Billion and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Product Type

·         Capacity

·         End Use

·         Distribution Channel

·         Region

Regional Scope

Asia-Pacific, Europe, North America, South America, Middle East & Africa and

Country Scope

United States; Canada; Mexico; Russia; Germany; France; United Kingdom; Italy; China; India; Japan; South Korea; Australia, Saudi Arabia; UAE, South Africa, Brazil; Argentina; Colombia

Key Companies Profiled

Midea Group Co., Ltd., Panasonic Corporation, Group SEB, Breville Group, Zojirushi America Corporation, Koninklijke Philips N.V., TTK Prestige Limited, AB Electrolux, Newell Brands and Aroma Housewares Company

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail of customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, the global electric rice cooker market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Electric Rice Cooker Market, By Product Type:
    • Standard
    • Multifunction
    • Induction Heat
  • Electric Rice Cooker Market, By Capacity:
    • Less Than 2 Litre
    • 2 Litre – 4 Litre
    • More Than 4 Litre
  • Electric Rice Cooker Market, By End Use:
    • Residential
    • Commercial
  • Electric Rice Cooker Market, By Distribution Channel:
    • Supermarkets/Hypermarkets
    • Specialty Stores
    • Multi-Branded Stores
    • Online
    • Exclusive Stores
    • Others (Direct Sales, Distributors & Dealers)
  • Electric Rice Cooker Market, By Region:
    • Asia-Pacific
      • China
      • Japan
      • India
      • Indonesia
      • Vietnam
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • UAE
      • Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global electric rice cooker market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary         

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer Analysis (B2C Model Analysis)

4.1.  Sample Size Determination

4.1.1.     Respondent Demographics

4.1.2.     By Gender

4.1.3.     By Age

4.1.4.     By Occupation

4.2.  Brand Awareness

4.3.  Frequency of Usage

4.4.  Factors Influencing Purchase Decision

4.5.  Brand Satisfaction

4.6.  Challenges Faced Post Purchase

4.7.  Preferred Distribution Channel

5.    Global Electric Rice Cooker Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.1.2.     By Volume       

5.2.  Market Share & Forecast

5.2.1.     By Product Type Market Share Analysis (Standard, Multifunction & Induction)

5.2.2.     By Capacity Market Share Analysis (Less Than 2 Litre, 2 Litre – 4 Litre and More Than 4 Litre)

5.2.3.     By End Use Market Share Analysis (Residential Vs. Commercial)

5.2.4.     By Distribution Channel Market Share Analysis (Supermarkets/Hypermarkets, Specialty Stores, Multi-Branded Stores, Online, Exclusive Stores & Others (Direct Sales, Distributors & Dealers))

5.2.5.     By Regional Market Share Analysis

5.2.5.1.         Asia -Pacific Market Analysis

5.2.5.2.         Europe Market Analysis

5.2.5.3.         North America Market Analysis

5.2.5.4.         South America Market Analysis

5.2.5.5.         Middle East & Africa Market Analysis

5.2.6.     By Company Market Share Analysis

5.3.  Global Electric Rice Cooker Market Mapping & Opportunity Assessment

5.3.1.     By Product Type Market Mapping & Opportunity Assessment

5.3.2.     By Capacity Market Mapping & Opportunity Assessment

5.3.3.     By End Use Market Mapping & Opportunity Assessment

5.3.4.     By Distribution Channel Market Mapping & Opportunity Assessment

5.3.5.     By Regional Market Mapping & Opportunity Assessment

6.    Asia-Pacific Electric Rice Cooker Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.1.2.     By Volume

6.2.  Market Share & Forecast

6.2.1.     By Product Type Market Share Analysis

6.2.2.     By Capacity Market Share Analysis

6.2.3.     By End Use Market Share Analysis

6.2.4.     By Distribution Channel Market Share Analysis

6.2.5.     By Country Market Share Analysis

6.2.5.1.         China Electric Rice Cooker Market Outlook

6.2.5.1.1.             Market Size & Forecast

6.2.5.1.1.1. By Value

6.2.5.1.1.2. By Volume

6.2.5.1.2.             Market Share & Forecast

6.2.5.1.2.1. By Product Type Market Share Analysis

6.2.5.1.2.2. By Capacity Market Share Analysis

6.2.5.1.2.3. By End Use Market Share Analysis

6.2.5.1.2.4. By Distribution Channel Market Share Analysis

6.2.5.2.         Japan Electric Rice Cooker Market Outlook

6.2.5.2.1.             Market Size & Forecast

6.2.5.2.1.1. By Value

6.2.5.2.1.2. By Volume

6.2.5.2.2.             Market Share & Forecast

6.2.5.2.2.1. By Product Type Market Share Analysis

6.2.5.2.2.2. By Capacity Market Share Analysis

6.2.5.2.2.3. By End Use Market Share Analysis

6.2.5.2.2.4. By Distribution Channel Market Share Analysis

6.2.5.3.         India Electric Rice Cooker Market Outlook

6.2.5.3.1.             Market Size & Forecast

6.2.5.3.1.1. By Value

6.2.5.3.1.2. By Volume

6.2.5.3.2.             Market Share & Forecast

6.2.5.3.2.1. By Product Type Market Share Analysis

6.2.5.3.2.2. By Capacity Market Share Analysis

6.2.5.3.2.3. By End Use Market Share Analysis

6.2.5.3.2.4. By Distribution Channel Market Share Analysis

6.2.5.4.         Indonesia Electric Rice Cooker Market Outlook

6.2.5.4.1.             Market Size & Forecast

6.2.5.4.1.1. By Value

6.2.5.4.1.2. By Volume

6.2.5.4.2.             Market Share & Forecast

6.2.5.4.2.1. By Product Type Market Share Analysis

6.2.5.4.2.2. By Capacity Market Share Analysis

6.2.5.4.2.3. By End Use Market Share Analysis

6.2.5.4.2.4. By Distribution Channel Market Share Analysis

6.2.5.5.         Vietnam Electric Rice Cooker Market Outlook

6.2.5.5.1.             Market Size & Forecast

6.2.5.5.1.1. By Value

6.2.5.5.1.2. By Volume

6.2.5.5.2.             Market Share & Forecast

6.2.5.5.2.1. By Product Type Market Share Analysis

6.2.5.5.2.2. By Capacity Market Share Analysis

6.2.5.5.2.3. By End Use Market Share Analysis

6.2.5.5.2.4. By Distribution Channel Market Share Analysis

7.    Europe Electric Rice Cooker Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.1.2.     By Volume

7.2.  Market Share & Forecast

7.2.1.     By Product Type Market Share Analysis

7.2.2.     By Capacity Market Share Analysis

7.2.3.     By End Use Market Share Analysis

7.2.4.     By Distribution Channel Market Share Analysis

7.2.5.     By Country Market Share Analysis

7.2.5.1.         Russia Electric Rice Cooker Market Outlook

7.2.5.1.1.             Market Size & Forecast

7.2.5.1.1.1. By Value

7.2.5.1.1.2. By Volume

7.2.5.1.2.             Market Share & Forecast

7.2.5.1.2.1. By Product Type Market Share Analysis

7.2.5.1.2.2. By Capacity Market Share Analysis

7.2.5.1.2.3. By End Use Market Share Analysis

7.2.5.1.2.4. By Distribution Channel Market Share Analysis

7.2.5.2.         Italy Electric Rice Cooker Market Outlook

7.2.5.2.1.             Market Size & Forecast

7.2.5.2.1.1. By Value

7.2.5.2.1.2. By Volume

7.2.5.2.2.             Market Share & Forecast

7.2.5.2.2.1. By Product Type Market Share Analysis

7.2.5.2.2.2. By Capacity Market Share Analysis

7.2.5.2.2.3. By End Use Market Share Analysis

7.2.5.2.2.4. By Distribution Channel Market Share Analysis

7.2.5.3.         France Electric Rice Cooker Market Outlook

7.2.5.3.1.             Market Size & Forecast

7.2.5.3.1.1. By Value

7.2.5.3.1.2. By Volume

7.2.5.3.2.             Market Share & Forecast

7.2.5.3.2.1. By Product Type Market Share Analysis

7.2.5.3.2.2. By Capacity Market Share Analysis

7.2.5.3.2.3. By End Use Market Share Analysis

7.2.5.3.2.4. By Distribution Channel Market Share Analysis

7.2.5.4.         Spain Electric Rice Cooker Market Outlook

7.2.5.4.1.             Market Size & Forecast

7.2.5.4.1.1. By Value

7.2.5.4.1.2. By Volume

7.2.5.4.2.             Market Share & Forecast

7.2.5.4.2.1. By Product Type Market Share Analysis

7.2.5.4.2.2. By Capacity Market Share Analysis

7.2.5.4.2.3. By End Use Market Share Analysis

7.2.5.4.2.4. By Distribution Channel Market Share Analysis

7.2.5.5.         United Kingdom Electric Rice Cooker Market Outlook

7.2.5.5.1.             Market Size & Forecast

7.2.5.5.1.1. By Value

7.2.5.5.1.2. By Volume

7.2.5.5.2.             Market Share & Forecast

7.2.5.5.2.1. By Product Type Market Share Analysis

7.2.5.5.2.2. By Capacity Market Share Analysis

7.2.5.5.2.3. By End Use Market Share Analysis

7.2.5.5.2.4. By Distribution Channel Market Share Analysis

8.    North America Electric Rice Cooker Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.1.2.     By Volume

8.2.  Market Share & Forecast

8.2.1.     By Product Type Market Share Analysis

8.2.2.     By Capacity Market Share Analysis

8.2.3.     By End Use Market Share Analysis

8.2.4.     By Distribution Channel Market Share Analysis

8.2.5.     By Country Market Share Analysis

8.2.5.1.         United States Electric Rice Cooker Market Outlook

8.2.5.1.1.             Market Size & Forecast

8.2.5.1.1.1. By Value

8.2.5.1.1.2. By Volume

8.2.5.1.2.             Market Share & Forecast

8.2.5.1.2.1. By Product Type Market Share Analysis

8.2.5.1.2.2. By Capacity Market Share Analysis

8.2.5.1.2.3. By End Use Market Share Analysis

8.2.5.1.2.4. By Distribution Channel Market Share Analysis

8.2.5.2.         Canada Electric Rice Cooker Market Outlook

8.2.5.2.1.             Market Size & Forecast

8.2.5.2.1.1. By Value

8.2.5.2.1.2. By Volume

8.2.5.2.2.             Market Share & Forecast

8.2.5.2.2.1. By Product Type Market Share Analysis

8.2.5.2.2.2. By Capacity Market Share Analysis

8.2.5.2.2.3. By End Use Market Share Analysis

8.2.5.2.2.4. By Distribution Channel Market Share Analysis

8.2.5.3.         Mexico Electric Rice Cooker Market Outlook

8.2.5.3.1.             Market Size & Forecast

8.2.5.3.1.1. By Value

8.2.5.3.1.2. By Volume

8.2.5.3.2.             Market Share & Forecast

8.2.5.3.2.1. By Product Type Market Share Analysis

8.2.5.3.2.2. By Capacity Market Share Analysis

8.2.5.3.2.3. By End Use Market Share Analysis

8.2.5.3.2.4. By Distribution Channel Market Share Analysis

9.    South America Electric Rice Cooker Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.1.2.     By Volume

9.2.  Market Share & Forecast

9.2.1.     By Product Type Market Share Analysis

9.2.2.     By Capacity Market Share Analysis

9.2.3.     By End Use Market Share Analysis

9.2.4.     By Distribution Channel Market Share Analysis

9.2.5.     By Country Market Share Analysis

9.2.5.1.         Brazil Electric Rice Cooker Market Outlook

9.2.5.1.1.             Market Size & Forecast

9.2.5.1.1.1. By Value

9.2.5.1.1.2. By Volume

9.2.5.1.2.             Market Share & Forecast

9.2.5.1.2.1. By Product Type Market Share Analysis

9.2.5.1.2.2. By Capacity Market Share Analysis

9.2.5.1.2.3. By End Use Market Share Analysis

9.2.5.1.2.4. By Distribution Channel Market Share Analysis

9.2.5.2.         Argentina Electric Rice Cooker Market Outlook

9.2.5.2.1.             Market Size & Forecast

9.2.5.2.1.1. By Value

9.2.5.2.1.2. By Volume

9.2.5.2.2.             Market Share & Forecast

9.2.5.2.2.1. By Product Type Market Share Analysis

9.2.5.2.2.2. By Capacity Market Share Analysis

9.2.5.2.2.3. By End Use Market Share Analysis

9.2.5.2.2.4. By Distribution Channel Market Share Analysis

9.2.5.3.         Colombia Electric Rice Cooker Market Outlook

9.2.5.3.1.             Market Size & Forecast

9.2.5.3.1.1. By Value

9.2.5.3.1.2. By Volume

9.2.5.3.2.             Market Share & Forecast

9.2.5.3.2.1. By Product Type Market Share Analysis

9.2.5.3.2.2. By Capacity Market Share Analysis

9.2.5.3.2.3. By End Use Market Share Analysis

9.2.5.3.2.4. By Distribution Channel Market Share Analysis

10.  Middle East & Africa Electric Rice Cooker Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.1.2.  By Volume

10.2.              Market Share & Forecast

10.2.1.  By Product Type Market Share Analysis

10.2.2.  By Capacity Market Share Analysis

10.2.3.  By End Use Market Share Analysis

10.2.4.  By Distribution Channel Market Share Analysis

10.2.5.  By Country Market Share Analysis

10.2.5.1.      Saudi Electric Rice Cooker Market Outlook

10.2.5.1.1.           Market Size & Forecast

10.2.5.1.1.1.               By Value

10.2.5.1.1.2.               By Volume

10.2.5.1.2.           Market Share & Forecast

10.2.5.1.2.1.               By Product Type Market Share Analysis

10.2.5.1.2.2.               By Capacity Market Share Analysis

10.2.5.1.2.3.               By End Use Market Share Analysis

10.2.5.1.2.4.               By Distribution Channel Market Share Analysis

10.2.5.2.      Egypt Electric Rice Cooker Market Outlook

10.2.5.2.1.           Market Size & Forecast

10.2.5.2.1.1.               By Value

10.2.5.2.1.2.               By Volume

10.2.5.2.2.           Market Share & Forecast

10.2.5.2.2.1.               By Product Type Market Share Analysis

10.2.5.2.2.2.               By Capacity Market Share Analysis

10.2.5.2.2.3.               By End Use Market Share Analysis

10.2.5.2.2.4.               By Distribution Channel Market Share Analysis

10.2.5.3.      UAE Electric Rice Cooker Market Outlook

10.2.5.3.1.           Market Size & Forecast

10.2.5.3.1.1.               By Value

10.2.5.3.1.2.               By Volume

10.2.5.3.2.           Market Share & Forecast

10.2.5.3.2.1.               By Product Type Market Share Analysis

10.2.5.3.2.2.               By Capacity Market Share Analysis

10.2.5.3.2.3.               By End Use Market Share Analysis

10.2.5.3.2.4.               By Distribution Channel Market Share Analysis

10.2.5.4.      Turkey Electric Rice Cooker Market Outlook

10.2.5.4.1.           Market Size & Forecast

10.2.5.4.1.1.               By Value

10.2.5.4.1.2.               By Volume

10.2.5.4.2.           Market Share & Forecast

10.2.5.4.2.1.               By Product Type Market Share Analysis

10.2.5.4.2.2.               By Capacity Market Share Analysis

10.2.5.4.2.3.               By End Use Market Share Analysis

10.2.5.4.2.4.               By Distribution Channel Market Share Analysis

11.  Market Dynamics

11.1.              Drivers

11.1.1.  Rising demand for energy efficiency

11.1.2.  Demand for versatile cooking option

11.1.3.  Increasing the number of working populations

11.2.              Challenges

11.2.1.  Low-Income Households

11.2.2.  Presence of counterfeit items

12.  Impact of COVID-19 on Global Electric Rice Cooker Market

12.1.              Impact Assessment Model       

12.1.1.  Key Segments Impacted

12.1.2.  Key Regions Impacted

12.1.3.  Key Countries Impacted

12.1.4.  Key Distribution Channel Impacted

13.  Market Trends & Developments

13.1.              Demand for multifunction electric rice cooker

13.2.              New technological innovations

13.3.              Increasing usage of commercial segment of electric rice cooker

13.4.              Increasing number of nuclear family

13.5.              Smart rice electric cookers trend

14.  Import & Export Analysis

14.1.              Top 5 Exporting Countries

14.1.1.  By Value

14.2.              Top 5 Importing Countries

14.2.1.  By Value

15.  SWOT Analysis

15.1.              Strength

15.2.              Weakness

15.3.              Opportunities

15.4.              Threats

16.  Porter’s Five Forces Model

16.1.              Competition Landscape

16.2.              Buyer Power

16.3.              Supplier Power

16.4.              Threat of New Entrants

16.5.              Threat of Substitutes

17.  Competitive Landscape

17.1.              Company Profiles

17.1.1.  Group SEB

17.1.1.1.      Company Details

17.1.1.2.      Products & Services

17.1.1.3.      Financials (As Reported)

17.1.1.4.      Key Market Focus & Geographical Presence

17.1.1.5.      Recent Developments

17.1.1.6.      Key Management Personnel

17.1.2.  Zojirushi America Corporation

17.1.2.1.      Company Details

17.1.2.2.      Products & Services

17.1.2.3.      Financials (As Reported)

17.1.2.4.      Key Market Focus & Geographical Presence

17.1.2.5.      Recent Developments

17.1.2.6.      Key Management Personnel

17.1.3.  Breville Group

17.1.3.1.      Company Details

17.1.3.2.      Products & Services

17.1.3.3.      Financials (As Reported)

17.1.3.4.      Key Market Focus & Geographical Presence

17.1.3.5.      Recent Developments

17.1.3.6.      Key Management Personnel

17.1.4.  Midea Group Co., Ltd.

17.1.4.1.      Company Details

17.1.4.2.      Products & Services

17.1.4.3.      Financials (As Reported)

17.1.4.4.      Key Market Focus & Geographical Presence

17.1.4.5.      Recent Developments

17.1.4.6.      Key Management Personnel

17.1.5.  Panasonic Corporation

17.1.5.1.      Company Details

17.1.5.2.      Products & Services

17.1.5.3.      Financials (As Reported)

17.1.5.4.      Key Market Focus & Geographical Presence

17.1.5.5.      Recent Developments

17.1.5.6.      Key Management Personnel

17.1.6.  AB Electrolux

17.1.6.1.      Company Details

17.1.6.2.      Products & Services

17.1.6.3.      Financials (As Reported)

17.1.6.4.      Key Market Focus & Geographical Presence

17.1.6.5.      Recent Developments

17.1.6.6.      Key Management Personnel

17.1.7.   Koninklijke Philips N.V

17.1.7.1.      Company Details

17.1.7.2.      Products & Services

17.1.7.3.      Financials (As Reported)

17.1.7.4.      Key Market Focus & Geographical Presence

17.1.7.5.      Recent Developments

17.1.7.6.      Key Management Personnel

17.1.8.  TTK Prestige Limited

17.1.8.1.      Company Details

17.1.8.2.      Products & Services

17.1.8.3.      Financials (As Reported)

17.1.8.4.      Key Market Focus & Geographical Presence

17.1.8.5.      Recent Developments

17.1.8.6.      Key Management Personnel

17.1.9.  Aroma Housewares Company

17.1.9.1.      Company Details

17.1.9.2.      Products & Services

17.1.9.3.      Financials (As Reported)

17.1.9.4.      Key Market Focus & Geographical Presence

17.1.9.5.      Recent Developments

17.1.9.6.      Key Management Personnel

17.1.10.                Newell Brands, Inc

17.1.10.1.    Company Details

17.1.10.2.    Products & Services

17.1.10.3.    Financials (As Reported)

17.1.10.4.    Key Market Focus & Geographical Presence

17.1.10.5.    Recent Developments

17.1.10.6.    Key Management Personnel

18.  Strategic Recommendations/Action Plan

18.1.              Key Focus Areas

18.2.              Target Regions & Countries

18.3.              Target Product Type

18.4.              Target End Use

18.5.              Target Distribution Channel

19.  About Us Disclaimer

 

 (Note: The companies list can be customized based on the client requirements.)

Figures and Tables

Frequently asked questions

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There are various segments of the global electric rice cooker market such standard, multifunction & induction heat. Among these segments, the standard electric rice cooker segment accounted for the largest market share in the base year. Due to several factors such as simple in use, reasonably priced, and requiring little maintenance.

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The key factors driving the growth of the electric rice cooker market are increasing the number of working parents, innovative design and functionality, energy saving and capacities to fulfil the requirements of residential and commercial applications. Product innovation is a prominent trend that is anticipated to grow the market throughout the projected period.

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Some of the trends in global electric rice cooker market includes multifunction electric rice cooker due to verities of cooking programmed available like different types of rice cook, vegetable steam, soups, Porridge, Noodles etc.

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Smart electric rice cookers offered by companies such as Panasonic, etc. are gaining popularity since they are offer a variety of features such as anodized aluminum cooking pan, auto cut-off feature and cool-touch handle, etc.

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Parvati Sharma

Account Manager BD
Press Release

Online Channel to Witness Fastest Growth Rate in the Electric Rice Cooker Market

Nov, 2022

Demand for energy efficient products along with the variety of cooking functions in electric rice cookers offered by market players to drive the global electric rice cooker market during the projecte