Global Electric Cookware Market Overview
Cookware is a type of container or vessel used to prepare food. Cookware comprises numerous cooking pots, such as sauce pans and frying pans. The material used in the manufacturing of cookware has a considerable effect on its cost, thermal conductivity, and performance. These pots are projected for use on a cooktop, range, or a stove. Metals, pottery, coated & composite material, PTFE non-stick, and others are materials used in manufacturing of cookware. Metals utilized in manufacturing of cookware are copper, aluminum, cast iron, carbon steel, and stainless steel. Aluminum metals are lighter in weight and has very good thermal conductivity. Further, they are also resistant to corrosion. Other non-metallic cookware materials include ceramics, glass, silicone, and stone. One of the best examples of modern home appliance is electric cookware. As per the name, this cookware operates on electricity. Numerous types of electric cookware are available in the market such as frying pans, rice cookers, tea and coffee makers, slow cookers, and egg boilers etc.
Global Electric Cookware Market Dynamics
Electric cookware market is projected to grow at a decent rate throughout the forecast period. The demand for electric cookware is expected to grow owing to increasing urban population and ever rising number of the middle class in emerging countries such as India and China. Additionally, due to increased disposable income of individuals, improved lifestyle in emerging countries, and increased people tend to buy stylish and new home appliances are also propelling growth of the target market. Further, these factors have forced manufactures to produce a variety of electric cookware. Safety of the product, ease of use of electric cookware, stylish looks, ease of cleaning, convenient and faster mode of cooking, and eco friendliness are the factors which are also anticipated lead to the growth of the electric cookware market.
However, factors such as use of traditional cookware, cookware which is used on the gas in some parts across the world, and health related issues may act as a restraint to the growth of the electric cookware market.
Global Electric Cookware Market Segmentation
Electric cookware market is segmented based on type, application, and region.
On the basis of type, the electric cookware market is segmented into rice cooker, slow cooker, deep fryer, frypan, and other. On the basis of application, the target market is classified into household and commercial.
Regional Insights:
On region the electric cookware market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific electrical utilization market is expected to register for the highest revenue share in the global market. The countries such as India, Japan, China, and Malaysia are anticipated to contribute majority of the revenue shares in the Asia Pacific market. Increasing disposable income and rising urbanization is projected to result in higher demand for home appliances such as air conditioners, refrigerators, and washing machines among other products in countries in this region. The North America and Europe markets are projected to register for major revenue shares in the global market due to availability of prominent players in the US and the UK respectively. Further, huge demand for electrical home appliances in countries in these regions is additional key factor projected to boost revenue growth of the markets in North America and Europe.
Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2020 |
|
Forecast period |
2020 – 2030 |
|
Market representation |
Revenue in USD Million & CAGR from 2020 – 2030 |
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Market Segmentation |
By Type - Rice Cooker, Slow Cooker, Deep Fryer, Frypan, and Other By Application- Household and Commercial |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest application trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the electric cookware market report based on type, application, and region.
Electric Cookware Market, By Type:
- Rice Cooker
- Slow Cooker
- Deep Fryer
- Frypan
- Other
Electric Cookware Market, By Application:
- Household
- Commercial
Electric Cookware Market, By Region:
- North America
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
-
- U.S.
- Canada
- Middle East & Africa
Global Electric Cookware Market Key Players
The key players operating the electric cookware market includes Koninklijke Philips N.V., Panasonic Corporation, Maxim, Midea Group, Breville, Williams-Sonoma Inc., Joyoung Singapore, Toshiba Corporation, Dacor, BSH Home Appliances FZE, New World, Electrolux, General Electric, Morphy Richards, Samsung, and LG Electronics. Companies in the market focus on the design of cookware and innovation in the technology to remain competitive. Acquisition and new product launch are the key developmental strategies of producers to meet the growing consumer base and requirements. Additionally, the companies are introducing exciting offers to adopt innovative marketing strategies and support their products to attract consumers.
Global Electric Cookware Market Company Profile
- Koninklijke Philips N.V.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Panasonic Corporation
- Maxim
- Midea Group
- Breville
- Williams-Sonoma Inc.
- Joyoung Singapore
- Toshiba Corporation
- Dacor
- BSH Home Appliances FZE
- New World
- Electrolux
- General Electric
- Morphy Richards
- Samsung
- LG Electronics
“*” marked represents similar segmentation in other categories in the respective section
Global Electric Cookware Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for Electric Cookware Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Type, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Rice Cooker
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Slow Cooker
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Deep Fryer
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Frypan
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, By Application, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Household
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Commercial
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Koninklijke Philips N.V.
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Panasonic Corporation
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Maxim
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Midea Group
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Breville
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Williams-Sonoma Inc.
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Joyoung Singapore
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Toshiba Corporation
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Dacor
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- BSH Home Appliances FZE
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- New World
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Electrolux
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- General Electric
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Morphy Richards
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Samsung
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- LG Electronics
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Koninklijke Philips N.V.
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Electric Cookware Market is segmented into type, application, and region.
Market growth is propelled by the increasing trend of smart and energy-efficient kitchen appliances, consumer preference for convenient and time-saving cooking solutions, and technological advancements in electric cookware.
Challenges include potential issues related to high product costs, concerns about the environmental impact of electronic waste, and the need for proper infrastructure for electric cookware usage, influencing the global Electric Cookware Market.
North America is expected to dominate the market, driven by the region's high consumer spending on kitchen appliances, the adoption of smart home technologies, and the presence of leading manufacturers. The growing demand for innovative and efficient cooking solutions contributes to North America's leading position in the global Electric Cookware Market.
The key players operating the target market includes, Koninklijke Philips N.V., Panasonic Corporation, Maxim, Midea Group, Breville, Williams-Sonoma Inc., Joyoung Singapore, Toshiba Corporation, Dacor, BSH Home Appliances FZE, New World, Electrolux, General Electric, Morphy Richards, Samsung, and LG Electronics.