Electric Rice Cooker Market: By Product, Distribution Channel, By End User and By Geography
Electric Rice Cooker Market: By Product, Distribution Channel, By End User and By Geography
Electric Rice Cooker Market size was valued at US$ 3,217.9 billion in 2022 and is expected to grow at a significant CAGR of 6.3% from 2023 to 2029. The global market provides a detailed overview of the Electric Rice Cooker market and that can be segmented by product, distribution channel, power, and end-user. By product, the market has been segmented into Standard, Multifunctional, Induction, and Others. The standard segment is likely to be the largest and fastest-growing segment in terms of type. Based on distribution channel, the market is segmented into Offline, and online.Among these, the online segment is expected to have the fastest-growing market during the forecast period 2023-2029 according to precision business insights. By region, the Asia Pacific market is expected to witness the highest market share during the forecast period due to rice, being the staple food in most of the countries such as China, India, Indonesia, and Japan, is an important parameter for the growth of the market for electric rice cookers in this region.
Study Period
2024-2030Base Year
2023CAGR
6.3%Largest Market
Asia-PacificFastest Growing Market
Asia-Pacific
Trends including launches of new products and functionalities and rising consumer inclination towards energy efficient methods of cooking are key factors driving the adoption of appliances such as electric rice cookers across the globe.
Asia Pacific market is expected to witness the highest market share during the forecast period due to rice, being the staple food in most of the countries
Latin America
Europe
Asia Pacific
Middle East
North America
|
Report Benchmarks |
Details |
|
Report Study Period |
2024-2030 |
|
Market Size in 2022 |
US$ 3,217.9 billion |
|
Market CAGR |
6.3% |
|
By Product |
|
|
By Distribution Channel |
|
|
By End User |
|
Download Free Sample Report
The Electric Rice Cooker Market is projected to expand at a CAGR of 6.3% during the forecast period.
The major players in the global Electric Rice Cooker market are AB Electrolux, Ali Group Srl, Bajaj Electricals Limited, Breville Group, Groupe SEB, Koninklijke Philips N.V, Newell Brands (Oster), Panasonic Corporation, TTK Prestige Ltd, Wonderchef Home Appliances Pvt. Ltd.
Asia Pacific is the fastest-growing region for Electric Rice Cooker Market
| 1. Executive Summary |
| 2. Global Electric Rice Cooker Market Introduction |
| 2.1. Global Electric Rice Cooker Market Taxonomy |
| 2.2. Global Electric Rice Cooker Market Definitions |
| 2.2.1. By Product |
| 2.2.2. By Distribution Channel |
| 2.2.3. By End User |
| 2.2.4. By Region |
| 3. Global Electric Rice Cooker Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Electric Rice Cooker Market Dynamic Factors - Impact Analysis |
| 3.6. Global Electric Rice Cooker Market Competition Landscape |
| 4. Global Electric Rice Cooker Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Electric Rice Cooker Market, By Product, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)Â |
| 5.1. Standard |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Multifunctional |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Induction |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Others |
| 5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6. Global Electric Rice Cooker Market, By Distribution Channel, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.1. Offline |
| 6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Online |
| 6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7. Global Electric Rice Cooker Market Forecast, By End User, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.1. Household |
| 7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Commercial |
| 7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 8. Global Electric Rice Cooker Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia-Pacific |
| 8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Latin America |
| 8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Middle East and Africa |
| 8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Global Electric Rice Cooker Market - Opportunity Analysis Index, By Product, By Distribution Channel, By End User and Region, 2023 - 2029 |
| 9. North America Electric Rice Cooker Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 9.1. Product Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Standard |
| 9.1.2. Multifunctional |
| 9.1.3. Induction |
| 9.1.4. Others |
| 9.2. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1. Offline |
| 9.2.2. Online |
| 9.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1. Household |
| 9.3.2. Commercial |
| 9.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.4.1. USA |
| 9.4.2. Canada |
| 9.5. North America Electric Rice Cooker Market - Opportunity Analysis Index, By Product, By Distribution Channel, By End User and Country, 2023 - 2029 |
| 9.6. North America Electric Rice Cooker Market Dynamics Trends |
| 10. Europe Electric Rice Cooker Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 10.1. Product Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Standard |
| 10.1.2. Multifunctional |
| 10.1.3. Induction |
| 10.1.4. Others |
| 10.2. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1. Offline |
| 10.2.2. Online |
| 10.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1. Household |
| 10.3.2. Commercial |
| 10.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Germany |
| 10.4.2. UK |
| 10.4.3. France |
| 10.4.4. Spain |
| 10.4.5. Italy |
| 10.4.6. Russia |
| 10.4.7. Rest of Europe |
| 10.5. Europe Electric Rice Cooker Market - Opportunity Analysis Index, By Product, By Distribution Channel, By End User and Country, 2023 - 2029 |
| 10.6. Europe Electric Rice Cooker Market Dynamics Trends |
| 11. Asia-Pacific Electric Rice Cooker Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 11.1. Product Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Standard |
| 11.1.2. Multifunctional |
| 11.1.3. Induction |
| 11.1.4. Others |
| 11.2. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1. Offline |
| 11.2.2. Online |
| 11.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1. Household |
| 11.3.2. Commercial |
| 11.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. China |
| 11.4.2. India |
| 11.4.3. Japan |
| 11.4.4. ASEAN |
| 11.4.5. Australia & New Zealand |
| 11.4.6. Rest of Asia-Pacific |
| 11.5. Asia-Pacific Electric Rice Cooker Market - Opportunity Analysis Index, By Product, By Distribution Channel, By End User and Country, 2023 - 2029 |
| 11.6. Asia-Pacific Electric Rice Cooker Market Dynamics Trends |
| 12. Latin America Electric Rice Cooker Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 12.1. Product Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Standard |
| 12.1.2. Multifunctional |
| 12.1.3. Induction |
| 12.1.4. Others |
| 12.2. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1. Offline |
| 12.2.2. Online |
| 12.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1. Household |
| 12.3.2. Commercial |
| 12.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Brazil |
| 12.4.2. Mexico |
| 12.4.3. Argentina |
| 12.4.4. Rest of Latin America |
| 12.5. Latin America Electric Rice Cooker Market - Opportunity Analysis Index, By Product, By Distribution Channel, By End User and Country, 2023 - 2029 |
| 12.6. Latin America Electric Rice Cooker Market Dynamics Trends |
| 13. Middle East and Africa Electric Rice Cooker Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 13.1. Product Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Standard |
| 13.1.2. Multifunctional |
| 13.1.3. Induction |
| 13.1.4. Others |
| 13.2. Distribution Channel Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1. Offline |
| 13.2.2. Online |
| 13.3. End User Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1. Household |
| 13.3.2. Commercial |
| 13.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Gulf Cooperation Council (GCC) Countries |
| 13.4.2. Israel |
| 13.4.3. South Africa |
| 13.4.4. Rest of MEA |
| 13.5. MEA Electric Rice Cooker Market - Opportunity Analysis Index, By Product, By Distribution Channel, By End User and Country, 2023 - 2029 |
| 13.6. MEA Electric Rice Cooker Market Dynamics Trends |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 14.2.1. AB Electrolux |
| 14.2.2. Ali Group Srl |
| 14.2.3. Bajaj Electricals Limited |
| 14.2.4. Breville Group |
| 14.2.5. Groupe SEB |
| 14.2.6. Koninklijke Philips N.V |
| 14.2.7. Newell Brands (Oster) |
| 14.2.8. Panasonic Corporation |
| 14.2.9. TTK Prestige Ltd |
| 14.2.10. Wonderchef Home Appliances Pvt. Ltd |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
Key Market Players
Download Free Sample
