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PUBLISHER: IMARC | PRODUCT CODE: 1308178

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PUBLISHER: IMARC | PRODUCT CODE: 1308178

Electric Rice Cooker Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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Market Overview:

The global electric rice cooker market size reached US$ 3.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.97% during 2023-2028.

Electric rice cookers are electrical cooking appliances with a heating element that helps prepare rice. They are made from aluminum or steel, which helps regulate the temperature required for cooking. They offer several advantages, such as cooking the rice automatically as well as keeping it warm. As a result, they find extensive applications in residential and commercial sectors across the globe.

Electric Rice Cooker Market Trends:

There is presently a considerable rise in the use of convenience products among individuals due to their busy lifestyles. This, along with the growing dependency on electrical appliances that are easy to handle and need less time for cooking, represents one of the key factors driving the market. In addition, there is a shift from the utilization of gas-based kitchen appliances to electrical kitchen appliances among the masses due to the inflating prices of cooking gas around the world. This, coupled with the several benefits offered by electric rice cookers, such as uniform cooking and non-sticky rice, is propelling the growth of the market. In addition, electric rice cookers allow consumers to cook grains and lentils other than rice, which is positively influencing the market. Besides this, key market players are extensively investing in research and development (R&D) activities to introduce a Wi-Fi-based induction rice cooker. In line with this, electric rice cookers are highly energy-efficient compared to traditional cookers, which is offering lucrative growth opportunities to industry investors. Furthermore, the rising integration of the internet of things (IoT) in the electric rice cookers to facilitate minimal intervention by remote control is projected to bolster the growth of the market in the upcoming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global electric rice cooker market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, capacity, distribution channel and end user.

Breakup by Product:

Standard

Multifunctional

Induction

Others

Breakup by Capacity:

Small Volume

Medium Volume

Large Volume

Extra Large Volume

Breakup by Distribution Channel:

Supermarkets and Hypermarkets

Specialty Stores

Online Stores

Others

Breakup by End User:

Household

Commercial

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being AB Electrolux, Bajaj Electricals Ltd., Breville Group Limited, Groupe SEB, Koninklijke Philips N.V., Newell Brands, Panasonic Corporation, Tiger Corporation, Toshiba Corporation, TTK Prestige Ltd., Wonderchef Home Appliances Pvt. Ltd and Zojirushi Corporation.

Key Questions Answered in This Report

  • 1. What was the size of the global electric rice cooker market in 2022?
  • 2. What is the expected growth rate of the global electric rice cooker market during 2023-2028?
  • 3. What are the key factors driving the global electric rice cooker market?
  • 4. What has been the impact of COVID-19 on the global electric rice cooker market?
  • 5. What is the breakup of the global electric rice cooker market based on the product?
  • 6. What is the breakup of the global electric rice cooker market based on the capacity?
  • 7. What is the breakup of the global electric rice cooker market based on the distribution channel?
  • 8. What is the breakup of the global electric rice cooker market based on the end user?
  • 9. What are the key regions in the global electric rice cooker market?
  • 10. Who are the key players/companies in the global electric rice cooker market?
Product Code: SR112023A5587

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Electric Rice Cooker Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Product

  • 6.1 Standard
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Multifunctional
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Induction
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Others
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast

7 Market Breakup by Capacity

  • 7.1 Small Volume
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Medium Volume
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Large Volume
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Extra Large Volume
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast

8 Market Breakup by Distribution Channel

  • 8.1 Supermarkets and Hypermarkets
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Specialty Stores
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Online Stores
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Others
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast

9 Market Breakup by End User

  • 9.1 Household
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Commercial
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast

10 Market Breakup by Region

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia-Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 AB Electrolux
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
      • 15.3.1.3 Financials
      • 15.3.1.4 SWOT Analysis
    • 15.3.2 Bajaj Electricals Ltd.
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
      • 15.3.2.3 Financials
      • 15.3.2.4 SWOT Analysis
    • 15.3.3 Breville Group Limited
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
      • 15.3.3.3 Financials
      • 15.3.3.4 SWOT Analysis
    • 15.3.4 Groupe SEB
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
      • 15.3.4.3 Financials
      • 15.3.4.4 SWOT Analysis
    • 15.3.5 Koninklijke Philips N.V.
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
      • 15.3.5.3 Financials
      • 15.3.5.4 SWOT Analysis
    • 15.3.6 Newell Brands
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
      • 15.3.6.3 Financials
    • 15.3.7 Panasonic Corporation
      • 15.3.7.1 Company Overview
      • 15.3.7.2 Product Portfolio
      • 15.3.7.3 Financials
      • 15.3.7.4 SWOT Analysis
    • 15.3.8 Tiger Corporation
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
    • 15.3.9 Toshiba Corporation
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
      • 15.3.9.3 Financials
      • 15.3.9.4 SWOT Analysis
    • 15.3.10 TTK Prestige Ltd.
      • 15.3.10.1 Company Overview
      • 15.3.10.2 Product Portfolio
      • 15.3.10.3 Financials
    • 15.3.11 Wonderchef Home Appliances Pvt. Ltd
      • 15.3.11.1 Company Overview
      • 15.3.11.2 Product Portfolio
    • 15.3.12 Zojirushi Corporation
      • 15.3.12.1 Company Overview
      • 15.3.12.2 Product Portfolio
      • 15.3.12.3 Financials
Product Code: SR112023A5587

List of Figures

  • Figure 1: Global: Electric Rice Cooker Market: Major Drivers and Challenges
  • Figure 2: Global: Electric Rice Cooker Market: Sales Value (in Billion US$), 2017-2022
  • Figure 3: Global: Electric Rice Cooker Market Forecast: Sales Value (in Billion US$), 2023-2028
  • Figure 4: Global: Electric Rice Cooker Market: Breakup by Product (in %), 2022
  • Figure 5: Global: Electric Rice Cooker Market: Breakup by Capacity (in %), 2022
  • Figure 6: Global: Electric Rice Cooker Market: Breakup by Distribution Channel (in %), 2022
  • Figure 7: Global: Electric Rice Cooker Market: Breakup by End User (in %), 2022
  • Figure 8: Global: Electric Rice Cooker Market: Breakup by Region (in %), 2022
  • Figure 9: Global: Electric Rice Cooker (Standard) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 10: Global: Electric Rice Cooker (Standard) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 11: Global: Electric Rice Cooker (Multifunctional) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 12: Global: Electric Rice Cooker (Multifunctional) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 13: Global: Electric Rice Cooker (Induction) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 14: Global: Electric Rice Cooker (Induction) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 15: Global: Electric Rice Cooker (Other Products) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 16: Global: Electric Rice Cooker (Other Products) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 17: Global: Electric Rice Cooker (Small Volume) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 18: Global: Electric Rice Cooker (Small Volume) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 19: Global: Electric Rice Cooker (Medium Volume) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 20: Global: Electric Rice Cooker (Medium Volume) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 21: Global: Electric Rice Cooker (Large Volume) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 22: Global: Electric Rice Cooker (Large Volume) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 23: Global: Electric Rice Cooker (Extra Large Volume) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 24: Global: Electric Rice Cooker (Extra Large Volume) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 25: Global: Electric Rice Cooker (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 26: Global: Electric Rice Cooker (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 27: Global: Electric Rice Cooker (Specialty Stores) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 28: Global: Electric Rice Cooker (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 29: Global: Electric Rice Cooker (Online Stores) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 30: Global: Electric Rice Cooker (Online Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 31: Global: Electric Rice Cooker (Other Distribution Channels) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 32: Global: Electric Rice Cooker (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 33: Global: Electric Rice Cooker (Household) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 34: Global: Electric Rice Cooker (Household) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 35: Global: Electric Rice Cooker (Commercial) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 36: Global: Electric Rice Cooker (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 37: North America: Electric Rice Cooker Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 38: North America: Electric Rice Cooker Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 39: United States: Electric Rice Cooker Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 40: United States: Electric Rice Cooker Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 41: Canada: Electric Rice Cooker Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 42: Canada: Electric Rice Cooker Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 43: Asia-Pacific: Electric Rice Cooker Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 44: Asia-Pacific: Electric Rice Cooker Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 45: China: Electric Rice Cooker Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 46: China: Electric Rice Cooker Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 47: Japan: Electric Rice Cooker Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 48: Japan: Electric Rice Cooker Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 49: India: Electric Rice Cooker Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 50: India: Electric Rice Cooker Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 51: South Korea: Electric Rice Cooker Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 52: South Korea: Electric Rice Cooker Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 53: Australia: Electric Rice Cooker Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 54: Australia: Electric Rice Cooker Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 55: Indonesia: Electric Rice Cooker Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 56: Indonesia: Electric Rice Cooker Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 57: Others: Electric Rice Cooker Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 58: Others: Electric Rice Cooker Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 59: Europe: Electric Rice Cooker Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 60: Europe: Electric Rice Cooker Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 61: Germany: Electric Rice Cooker Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 62: Germany: Electric Rice Cooker Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 63: France: Electric Rice Cooker Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 64: France: Electric Rice Cooker Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 65: United Kingdom: Electric Rice Cooker Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 66: United Kingdom: Electric Rice Cooker Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 67: Italy: Electric Rice Cooker Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 68: Italy: Electric Rice Cooker Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 69: Spain: Electric Rice Cooker Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 70: Spain: Electric Rice Cooker Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 71: Russia: Electric Rice Cooker Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 72: Russia: Electric Rice Cooker Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 73: Others: Electric Rice Cooker Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 74: Others: Electric Rice Cooker Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 75: Latin America: Electric Rice Cooker Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 76: Latin America: Electric Rice Cooker Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 77: Brazil: Electric Rice Cooker Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 78: Brazil: Electric Rice Cooker Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 79: Mexico: Electric Rice Cooker Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 80: Mexico: Electric Rice Cooker Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 81: Others: Electric Rice Cooker Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 82: Others: Electric Rice Cooker Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 83: Middle East and Africa: Electric Rice Cooker Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 84: Middle East and Africa: Electric Rice Cooker Market: Breakup by Country (in %), 2022
  • Figure 85: Middle East and Africa: Electric Rice Cooker Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 86: Global: Electric Rice Cooker Industry: SWOT Analysis
  • Figure 87: Global: Electric Rice Cooker Industry: Value Chain Analysis
  • Figure 88: Global: Electric Rice Cooker Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Electric Rice Cooker Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Electric Rice Cooker Market Forecast: Breakup by Product (in Million US$), 2023-2028
  • Table 3: Global: Electric Rice Cooker Market Forecast: Breakup by Capacity (in Million US$), 2023-2028
  • Table 4: Global: Electric Rice Cooker Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
  • Table 5: Global: Electric Rice Cooker Market Forecast: Breakup by End User (in Million US$), 2023-2028
  • Table 6: Global: Electric Rice Cooker Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 7: Global: Electric Rice Cooker Market: Competitive Structure
  • Table 8: Global: Electric Rice Cooker Market: Key Players
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