PUBLISHER: KBV Research | PRODUCT CODE: 1616621
PUBLISHER: KBV Research | PRODUCT CODE: 1616621
The Asia Pacific Juicer Market would witness market growth of 13.3% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 22,803.6 thousand units, showcasing a growth of 13.2% (2020-2023).
Supermarkets and hypermarkets are key retail channels for the distribution of juicers, offering a wide range of juicer brands and models. These large-scale stores benefit from high foot traffic and the ability to showcase multiple product options, often allowing consumers to compare juicers in-person. Supermarkets and hypermarkets also provide the convenience of purchasing juicers along with other household goods, which drives their popularity among consumers looking for one-stop shopping experiences. Thus, 243.35 thousand units of juicer are expected to be sold by the year 2031 by supermarkets and hypermarkets in China.
The China market dominated the Asia Pacific Juicer Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $566.8 million by 2031. The Japan market is registering a CAGR of 12.5% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 14% during (2024 - 2031).
Traditional retail stores and brand outlets continue to serve consumers who prefer a hands-on shopping experience. Stores like Walmart, Best Buy, and Target allow customers to see and test juicers in person, while brand-exclusive outlets from companies such as Philips, Hurom, and Breville enhance trust with product demonstrations and tailored customer support. Innovative direct-to-consumer (DTC) models have also gained traction, with brands like Nutribullet and Kuvings offering exclusive deals and subscription plans through their websites.
Additionally, collaborations with grocery stores and health-focused outlets, where juicers are displayed alongside fresh produce, have effectively targeted health-conscious shoppers. This multifaceted distribution strategy has increased juicer availability across urban and rural areas and supported the market's rapid growth.
In India, the demand for juicers is fueled by the population's rising disposable incomes and expanding middle class. Economic development has led to a greater willingness among Indian consumers to invest in kitchen appliances that promote health and convenience. According to the Ministry of Statistics & Programme Implementation, India's Gross National Disposable Income (GNDI) for 2022-23 was estimated at ₹273.99 lakh crore, reflecting an increase in financial capacity. Juicers that cater to diverse preferences, such as cold-press models for nutrient retention and versatile options for preparing juices and smoothies, are particularly sought. This trend aligns with the growing health consciousness among Indians, helping to drive the juicer market's expansion across the country.
Based on Technology, the market is segmented into Electric Juicer and Manual Juicer. Based on Distribution Channel, the market is segmented into Supermarket & Hypermarket, Specialty Stores, Online, and Other Distribution Channels. Based on Product, the market is segmented into Centrifugal Juicer, Masticating Juicer, and Triturating Juicer. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
Asia Pacific Juicer Market Report Segmentation
By Technology (Volume, Thousand Units, USD Billion, 2020-2031)
By Distribution Channel (Volume, Thousand Units, USD Billion, 2020-2031)
By Product (Volume, Thousand Units, USD Billion, 2020-2031)
By Country (Volume, Thousand Units, USD Billion, 2020-2031)