Electric Cookware Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Panasonic, Maxim, Breville, Midea, Philips

Over the next five years the Electric Cookware Market will register an 6.10% CAGR in terms of revenue, the global market size will reach USD 20.15 million by 2027.

Electric Cookware Market Overview

Cookware is a type of vessel or container in which food is prepared. Cookware comprises various cooking pots, such as frying pans and saucepans. These pots are intended for use on a range, cooktop or a stove. The material used in the manufacturing of cookware has a substantial effect on its performance, cost, and thermal conductivity. Materials used in manufacturing of cookware are pottery, metals, PTFE non-stick, coated and composite material, and others. Metals used in manufacturing of cookware are aluminium, copper, stainless steel, cast iron, and carbon steel. Aluminium metal has very good thermal conductivity and is lightweight. It is also resistant to corrosion. Other non-metallic cookware materials include glass, ceramics, stone, and silicone. Electric cookware is one of the best examples of modern home appliance. As the name suggests, this cookware works on electricity. There are various types of electric cookware available in the market. Rice cookers, frying pans, slow cookers, tea and coffee makers, and egg boilers are types of electric cookware used in modern kitchens.

The lack of understanding among non-data centre, on the other hand, is concerning. The report aspects discussed the profile of the top manufacturers of the global Electric Cookware market. These aspects include financial status of major companies, trending advancements and entire market scenario. Growth of the report have examined Electric Cookware Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.

Who are the Major Players in Electric Cookware Market?

The Electric Cookware Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market Panasonic, Maxim, Breville, Midea, Philips, Matsushita, Joyoung, Toshiba and others.

Industry News:

LINE Friends and Joyoung partners to create a collection of appliances that are too kawaii to pass up

June 14, 2021: Joyoung, a home appliance brand that’s known as one of the pioneers and leaders of soy milk makers is back with another character-themed collaboration. The collection boasts a number of products such as an electric stew pot, waffle maker, and more that will add some cheer to cooking at home.

What are the major Applications, Types and Regions for Electric Cookware Market?

Electric Cookware Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Rice Cooker


• Slow Cooker


• Deep Fryer


• Frypan


• Other

By Applications it is segmented into

• Household


• Commercial

Electric Cookware Market Regional Analysis

Asia Pacific dominated the market for cookware with a revenue share of over 40.0% in 2021. The continuous expansion of the residential sector, increasing number of home remodeling and renovation projects, and rising disposable income are likely to generate significant demand for cookware products over the forecast period.

All these factors greatly affect the Electric Cookware market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Electric Cookware Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyses market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Electric Cookware Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Electric Cookware Market report scope?

Key Takeaways from this Electric Cookware Report

• Evaluate Electric Cookware market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Electric Cookware market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Electric Cookware Market is studied from 2017 - 2027.

What is the growth rate of Electric Cookware Market?

The Electric Cookware Market is growing at a CAGR of 6.10% over the next 5 years.

Who are the leading key players in Electric Cookware Market?

Panasonic Corp. (Stuttgart :MAT1.SG), Maxim, Breville Group Limited (ASX:BRG.AX), Midea Group Co., Ltd. (Shenzhen:000333.SZ), Philips, Matsushita, Joyoung Co.,Ltd (Shenzhen:002242.SZ), Toshiba Corporation (Other OTC TOSYY) and others.

What regions regions does this Electric Cookware Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Electric Cookware Market?

Rice Cooker, Slow Cooker, Deep Fryer, Frypan, Other

What are the significant Applications of Electric Cookware Market?

Household, Commercial

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