PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1424341
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1424341
Electric Lunch Box Market, By Product Type, By Distribution Channel, By End User, By Geography
The Electric Lunch Box Market size is estimated to be valued at US$ 647.4 Mn in 2023 and is expected to reach US$ 997.3 Mn by 2030, exhibiting a compound annual growth rate (CAGR) of 6.4% from 2023 to 2030.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2022 | Market Size in 2023/2024: | US$ 647.4 Mn |
| Historical Data for: | 2018 to 2021 | Forecast Period: | 2023 - 2030 |
| Forecast Period 2023/2024 to 2030/2031 CAGR: | 6.40% | 2030/2031 Value Projection: | US$ 997.3 Mn |
Electric lunch boxes which is also known as heated lunch boxes or portable food warmers, are designed to keep food warm and fresh for extended periods. They are equipped with heating elements that heat the food to a desired temperature, thus making them ideal for individuals who prefer home-cooked meals or need to carry food while traveling.
Market Dynamics:
The electric lunch box market has witnessed significant growth in recent years, driven by the increasing demand for convenient and portable food storage solutions. Increasing trend of healthy eating and the growing number of working professionals are major factors driving the demand for electric lunch boxes. These lunch boxes not only help in maintaining the nutritional value of the food but also save time and money by eliminating the need to eat out. Rising awareness about food safety and hygiene has further boosted the adoption of electric lunch boxes.
Product innovation and technological advancements play a crucial role in gaining a competitive edge in the electric lunch box market. Manufacturers are focusing on developing electric lunch boxes with advanced features such as temperature control, multiple compartments, and easy-to-clean designs. Moreover, the growing popularity of online retail channels has made these products easily accessible to consumers, further fueling the market growth.
Despite the versatility of electric lunch boxes, they may not accommodate all types of meals and cuisines. Certain dishes that require complex preparation, baking, or frying may not be suitable for heating in these devices, limiting meal variety for users. This factor is expected to hamper the market growth.
Key features of the study:
- This report provides in-depth analysis of the electric lunch box market, and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the electric lunch box market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Crock-Pot (Owned by Sunbeam Products, Inc.), Zojirushi Corporation, Ecolunchbox, Gideon, Hot Logic, Milton, Electric Lunchbox Co., Cello World, Preethi Kitchen Appliances Pvt. Ltd., Skysonic, Milton (Hamilton Housewares Pvt. Ltd.), Mr. Bento, Grub2Go, Sovereign, and NutriBox
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The electric lunch box market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the electric lunch box market
Electric Lunch Box Market Detailed Segmentation:
- By Product Type
- Non-heating Lunch Box
- Heating Lunch Box
- Insulated Lunch Box
- Disposable Lunch Box
- By Distribution Channel
- Online
- Offline
- By End User
- Children and Students
- Working Professionals
- Elderly and Homebound Individuals
- By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Top Companies in the Electric Lunch Box Market:
- Crock-Pot (Owned by Sunbeam Products, Inc.)
- Zojirushi Corporation
- Ecolunchbox
- Gideon
- Hot Logic
- Electric Lunchbox Co.
- Cello World
- Preethi Kitchen Appliances Pvt. Ltd.
- Skysonic
- Milton (Hamilton Housewares Pvt. Ltd.)
- Bento
- Grub2Go
- Sovereign
- NutriBox
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Distribution Channel
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Convenience and portability
- Limited meal variety
- Integration of smart technology
- Key Highlights
- Regulatory Scenario
- Recent Trends
- Product launch/Approvals
- PEST Analysis
- PORTER's Analysis
- Mergers, Acquisitions, and Collaborations
4. Electric Lunch Box Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Electric Lunch Box Market, By Product Type, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Non-heating lunch Box
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Heating lunch Box
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Insulated Lunch Box
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Disposal Lunch Box
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
6. Electric Lunch Box Market, By Distribution Channel, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Online
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Offline
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
7. Electric Lunch Box Market , By End User, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Children and Students
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Working Professionals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Elderly and Homebound Individuals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
8. Electric Lunch Box Market, By Region, 2017-2030, (US$ Mn)
- Introduction
- Market Share Analysis, By Sub-region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Sub-region, 2018 -2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030,(US$ Mn)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030,(US$ Mn)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030,(US$ Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest Of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030,(US$ Mn)
- Brazil
- Mexico
- Rest Of Latin America
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Sub-region, 2023-2030,(US$ Mn)
- GCC Countries
- Israel
- South Africa
- Central Africa
- North Africa
- Rest of the Middle East
9. Competitive Landscape
- Company Profile
- Crock-Pot (Owned by Sunbeam Products, Inc.)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Zojirushi Corporation
- Ecolunchbox
- Gideon
- Hot Logic
- Milton,
- Electric Lunchbox Co.
- Cello World
- Preethi Kitchen Appliances Pvt. Ltd.
- Skysonic
- Milton (Hamilton Housewares Pvt. Ltd.)
- Bento
- Grub2Go
- Sovereign
- NutriBox
- Analyst Views
10. Section
- References
- Research Methodology
- About us
