Electric Rice Cooker Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Electric Rice Cooker Market by Product (Standard, Multifunctional, Induction, Others), Distribution Channel (Offline, Online), End User (Household and Commercial) and Country

 

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Report

Description

Electric Rice Cooker Market size is valued at USD 3,217.9 billion in 2021 and is expected to grow at a significant CAGR of 6.3% during the forecast period 2022 to 2028. 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 2022-2028 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.

Key Development:

In October 2019, Xiaomi’s Mijia Rice Cooker series sales are a testament to its growth in the Electric Rice Cooker market

Electric Rice Cooker Market

MARKET SUMMARY
-
6.3% CAGR
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 6.3%
  • Largest Market– Asia-Pacific

Electric Rice Cooker Market

  • The electric rice cooker market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The electric rice cooker market is segmented based on by product, distribution channel, end user and geography.
Key Players
  • AB Electrolux
  • Ali Group Srl
  • Bajaj Electricals Limited
  • Breville Group
  • Groupe SEB
Electric Rice Cooker Market

Drivers

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 got Significant Share

Electric Rice Cooker Market

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
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The Electric Rice Cooker Market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Electric Rice Cooker Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

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


Report

Table Of Content

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, 2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
5.1. Standard
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
8.1. North America
8.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2017 – 2021 and Forecast, 2022 – 2028 (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, 2022 – 2028
9. North America Electric Rice Cooker Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
9.1. Product Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.2.1. Offline
9.2.2. Online
9.3. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.3.1. Household
9.3.2. Commercial
9.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 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, 2022 – 2028
9.6. North America Electric Rice Cooker Market Dynamics – Trends
10. Europe Electric Rice Cooker Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
10.1. Product Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Offline
10.2.2. Online
10.3. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.3.1. Household
10.3.2. Commercial
10.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 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, 2022 – 2028
10.6. Europe Electric Rice Cooker Market Dynamics – Trends
11. Asia-Pacific Electric Rice Cooker Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
11.1. Product Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Offline
11.2.2. Online
11.3. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.3.1. Household
11.3.2. Commercial
11.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 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, 2022 – 2028
11.6. Asia-Pacific Electric Rice Cooker Market Dynamics – Trends
12. Latin America Electric Rice Cooker Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
12.1. Product Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Offline
12.2.2. Online
12.3. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.3.1. Household
12.3.2. Commercial
12.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 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, 2022 – 2028
12.6. Latin America Electric Rice Cooker Market Dynamics – Trends
13. Middle East and Africa Electric Rice Cooker Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
13.1. Product Analysis 2017 – 2021 and Forecast 2022 – 2028 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 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.2.1. Offline
13.2.2. Online
13.3. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.3.1. Household
13.3.2. Commercial
13.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 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, 2022 – 2028
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

Report

Company Profile

  • 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

Description

Electric Rice Cooker Market size is valued at USD 3,217.9 billion in 2021 and is expected to grow at a significant CAGR of 6.3% during the forecast period 2022 to 2028. 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 2022-2028 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.

Key Development:

In October 2019, Xiaomi’s Mijia Rice Cooker series sales are a testament to its growth in the Electric Rice Cooker market

ASIA PACIFIC OFFICE

Precision Business Insights, 5th Floor, Mohan’s Elite, Opp : Bharat Petroleum Pump, Khanamet Road, Hitech City, Hyderabad – 500084

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX