Electric Rice Cooker Market Growth, Size, Trends Analysis - By Product, By Application, By Distribution Channel, By Capacity - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Description

Electric Rice Cooker Market Introduction and Overview

According to SPER market research, 'Global Electric Rice Cooker Market Size- By Product, By Application, By Distribution Channel, By Capacity - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global Electric Rice Cooker Market is predicted to reach 8.97 billion by 2034 with a CAGR of 18.16%.

Rice preparation is easier with electric rice cookers, which need less attention than traditional methods. They prevent rice from burning or undercooking. Convenience is especially important for busy households, as cooking on the stove requires constant attention, including monitoring the water, stirring, and adjusting heat. Electric rice cookers eliminate this need by automatically adjusting temperature and turning off when the rice is ready.

Restraints: The exorbitant prices and rising popularity of electric rice cookers have resulted in the rise of counterfeit items. Counterfeit brands are common in developing countries where clients are very price-sensitive. Counterfeiting and its effects on enterprises and customer perception have led to direct and indirect revenue and job losses in the industry. As a result, the presence of counterfeit items in the market undermines both the brand and the product image, which is projected to limit the growth of the electric rice cooker market.

Scope of the Report:

Report Metric Details

Market size available for years 2021-2034

Base year considered 2024

Forecast period 2025-2034

Segments covered By Product, By Application, By Distribution Channel, By Capacity.

Regions covered

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

Companies Covered TTK Prestige Ltd, Wonderchef Home Appliances Pvt. Ltd, Koninklijke Philips N.V, Breville Pty Ltd, AB Electrolux, Bajaj Electricals Ltd, Newell Brands, Groupe SEB, Ali Group Worldwide, Panasonic Corporation. and others.

Electric Rice Cooker Market Segmentation:

By Product: Based on the Product, Global Electric Rice Cooker Market is segmented as; Standard, Multifunctional, Induction, Others.

By Application: Based on the Application, Global Electric Rice Cooker Market is segmented as; Household, Commercial.

By Distribution Channel: Based on the Distribution Channel, Global Electric Rice Cooker Market is segmented as; Offline, Online.

By Capacity: Based on the Capacity, Global Electric Rice Cooker Market is segmented as; Small Volume, Medium Volume, Large Volume, Extra Large Volume.

By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.

Product Code: FMCG2536

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges

5. Market variable and outlook

5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Global Electric Rice Cooker Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Electric Rice Cooker Market

7. Global Electric Rice Cooker Market, By Product (USD Million) 2021-2034

7.1. Standard
7.2. Multifunctional
7.3. Induction
7.4. Others

8. Global Electric Rice Cooker Market, By Application (USD Million) 2021-2034

8.1. Household
8.2. Commercial

9. Global Electric Rice Cooker Market, By Distribution Channel (USD Million) 2021-2034

9.1. Offline
9.2. Online

10. Global Electric Rice Cooker Market, By Capacity (USD Million) 2021-2034

10.1. Small Volume
10.2. Medium Volume
10.3. Large Volume
10.4. Extra Large Volume

11. Global Electric Rice Cooker Market, (USD Million) 2021-2034

11.1. Global Electric Rice Cooker Market Size and Market Share

12. Global Electric Rice Cooker Market, By Region, (USD Million) 2021-2034

12.1. Asia-Pacific
- 12.1.1. Australia
- 12.1.2. China
- 12.1.3. India
- 12.1.4. Japan
- 12.1.5. South Korea
- 12.1.6. Rest of Asia-Pacific
12.2. Europe
- 12.2.1. France
- 12.2.2. Germany
- 12.2.3. Italy
- 12.2.4. Spain
- 12.2.5. United Kingdom
- 12.2.6. Rest of Europe
12.3. Middle East and Africa
- 12.3.1. Kingdom of Saudi Arabia
- 12.3.2. United Arab Emirates
- 12.3.3. Qatar
- 12.3.4. South Africa
- 12.3.5. Egypt
- 12.3.6. Morocco
- 12.3.7. Nigeria
- 12.3.8. Rest of Middle-East and Africa
12.4. North America
- 12.4.1. Canada
- 12.4.2. Mexico
- 12.4.3. United States
12.5. Latin America
- 12.5.1. Argentina
- 12.5.2. Brazil
- 12.5.3. Rest of Latin America

13. Company Profile

13.1. TTK Prestige Ltd
- 13.1.1. Company details
- 13.1.2. Financial outlook
- 13.1.3. Product summary
- 13.1.4. Recent developments
13.2. Wonderchef Home Appliances Pvt. Ltd
- 13.2.1. Company details
- 13.2.2. Financial outlook
- 13.2.3. Product summary
- 13.2.4. Recent developments
13.3. Koninklijke Philips N.V
- 13.3.1. Company details
- 13.3.2. Financial outlook
- 13.3.3. Product summary
- 13.3.4. Recent developments
13.4. Breville Pty Ltd
- 13.4.1. Company details
- 13.4.2. Financial outlook
- 13.4.3. Product summary
- 13.4.4. Recent developments
13.5. AB Electrolux
- 13.5.1. Company details
- 13.5.2. Financial outlook
- 13.5.3. Product summary
- 13.5.4. Recent developments
13.6. Bajaj Electricals Ltd
- 13.6.1. Company details
- 13.6.2. Financial outlook
- 13.6.3. Product summary
- 13.6.4. Recent developments
13.7. Newell Brands
- 13.7.1. Company details
- 13.7.2. Financial outlook
- 13.7.3. Product summary
- 13.7.4. Recent developments
13.8. Groupe SEB
- 13.8.1. Company details
- 13.8.2. Financial outlook
- 13.8.3. Product summary
- 13.8.4. Recent developments
13.9. Ali Group Worldwide
- 13.9.1. Company details
- 13.9.2. Financial outlook
- 13.9.3. Product summary
- 13.9.4. Recent developments
13.10. Panasonic Corporation
- 13.10.1. Company details
- 13.10.2. Financial outlook
- 13.10.3. Product summary
- 13.10.4. Recent developments
13.11. Others