Electric Rice Cooker Market to grow at a CAGR of 7.24% (2020-2025)

1. Electric Rice Cooker Market forecasts From 2020 To 2025

2. DESCRIPTION The global electric rice cooker market is projected to grow at a CAGR of 7.24% from a market size of USD4,392.573 million in 2019 to achieve a market size of USD6,681.283 million by 2025. The increasing shift of consumers to the adoption of energy-efficient cooking appliances is driving the market demand in the forecast period. The growing consumer electronics industry is further propagating the market demand in the forecast period. New product launches offering different types of electric cookers by the companies at the international level are propelling the market growth in the forecast period. The evolving living conditions of individuals globally is promoting the sales of smart kitchen appliances which include smart electric rice cooker, further burgeoning the market demand in the forecast period. The growing adoption of energy-saving appliances is contributing to trimming household spending, further augmenting the market demand in the forecast period.

3. Key Questions Answered By The Report • What will Electric Rice Cooker Market  from 2019 to 2024? • How are the major drivers and restraints affecting Electric Rice Cooker Market. • growth and the opportunities which exist for key vendors? • Which segment and region will drive or lead the market growth and why? • A comprehensive analysis of competitive landscape and key market participant’s behavior • Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth

4. Geography • North America • United States • Canada • Mexico • South America • Brazil • Argentina • Others

5. Geography • Europe • Germany • France • The United Kingdom • Others • Middle East and Africa • Saudi Arabia • UAE • Israel • Others

6. Geography • Asia Pacific • China • Japan • India • South Korea • Others

7. Segments Covered Under Global Storage Market: • By Type • Standard Rice Cooker • Multifunction Rice Cooker • Induction Heat Rice Cooker • Others • By Capacity • Small • Medium • Large • Extra-Large • By End-User • Household • Commercial • By Distribution Channel • Online • Offline

8. COMPANY PROFILES • Panasonic Corporation • Toshiba Lifestyle Products & Services Corporation • Zojirushi Corporation • Bajaj Electricals Ltd • Koninklijke Philips N.V.

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