PUBLISHER: IMARC | PRODUCT CODE: 1451084
PUBLISHER: IMARC | PRODUCT CODE: 1451084
Multi Cooker Market Report by Product Type, Application, Distribution Channel, and Region 2024-2032
The global multi cooker market size reached US$ 831.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,929.4 Million by 2032, exhibiting a growth rate (CAGR) of 9.5% during 2024-2032.
Multi cooker is a modern electric household appliance which is used for automated cooking. It consists of various parts, such as inner bowl, lid, temperature and pressure sensors, control panel, condensate collector, etc. It is a multifunctional cooker which can be used to boil, roast, bake, stew, fry, grill, steam and prepare yogurt. Multi cookers reduce the number of calories in the food as it uses less oil or fat for cooking, thereby promoting healthy eating habits. Owing to the convenience of use offered by multi cookers, they have gradually replaced several kitchen appliances, such as microwave, stove, oven, deep fryer, bread-maker, pan, and so on.
The increasing instances of obesity are making consumers more conscious about their health and dietary habits, encouraging them towards new cooking and healthy living practices. This is projected to strengthen the market growth of multi cookers globally. Furthermore, with the advancements in technology and automation in all spheres, consumers are rapidly switching from manual to electric appliances such as multi cooker. Moreover, the high disposable income of the consumers, improving lifestyle, and innovative product offerings and campaigns by the manufacturers are some of the other factors which facilitate the overall growth of global multi cooker market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global multi cooker market report, along with forecasts at the global and regional level from 2024-2032. Our report has categorized the market based on product type, application and distribution channel.
Breakup by Product Type:
Round
Cube
Others
Based on the product type, round multi cookers represent the most popular product type. Other major segments include cube.
Breakup by Application:
Restaurants
Home Use
Others
On the basis of application, the market has been divided into home use, restaurants, and others. At present, home use represents the biggest application segment.
Breakup by Distribution Channel:
Electrical Goods Retailers
Supermarkets/Hypermarkets
Departmental Stores
Homeware Stores
Online
Others
Based on the distribution channel the market is categorized into electrical goods retailers, supermarkets/hypermarkets, departmental stores, homeware stores, online, and others. Amongst these, electrical goods retailers exhibit a clear dominace in the market.
Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Region-wise, North America is the leading market, accounting for the majority of the market share. Other major regions include Asia Pacific, Europe, Middle East & Africa and Latin America.
Competitive Landscape:
The competitive landscape of the market has also been examined with some of the key players being Philips, Morphy Richards, KitchenAid, Fagor, Breville and Tefal.
This report provides a deep insight into the global multi cooker market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the multi cooker market in any manner.
Key Questions Answered in This Report
- 1. What was the size of the global multi cooker market in 2023?
- 2. What is the expected growth rate of the global multi cooker market during 2024-2032?
- 3. What are the key factors driving the global multi cooker market?
- 4. What has been the impact of COVID-19 on the global multi cooker market?
- 5. What is the breakup of the global multi cooker market based on the product type?
- 6. What is the breakup of the global multi cooker market based on the application?
- 7. What is the breakup of the global multi cooker market based on the distribution channel?
- 8. What are the key regions in the global multi cooker market?
- 9. Who are the key players/companies in the global multi cooker market?
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 Multicooker Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Price Analysis
- 5.4.1 Price Indicators
- 5.4.2 Price Structure
- 5.4.3 Margin Analysis
- 5.5 Market Breakup by Product Type
- 5.6 Market Breakup by Application
- 5.7 Market Breakup by Distribution Channel
- 5.8 Market Breakup by Region
- 5.9 Market Forecast
- 5.10 SWOT Analysis
- 5.10.1 Overview
- 5.10.2 Strengths
- 5.10.3 Weaknesses
- 5.10.4 Opportunities
- 5.10.5 Threats
- 5.11 Value Chain Analysis
- 5.11.1 Overview
- 5.11.2 Research and Development
- 5.11.3 Raw Material Procurement
- 5.11.4 Manufacturing
- 5.11.5 Marketing
- 5.11.6 Distribution
- 5.11.7 End-Use
- 5.12 Porters Five Forces Analysis
- 5.12.1 Overview
- 5.12.2 Bargaining Power of Buyers
- 5.12.3 Bargaining Power of Suppliers
- 5.12.4 Degree of Competition
- 5.12.5 Threat of New Entrants
- 5.12.6 Threat of Substitutes
6 Market Breakup by Product Type
- 6.1 Round
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Cube
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Others
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Application
- 7.1 Restaurants
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Home Use
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Others
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Distribution Channel
- 8.1 Electrical Goods Retailers
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Supermarkets/Hypermarkets
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Departmental Stores
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Homeware Stores
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Online
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Others
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Europe
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Asia Pacific
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Middle East & Africa
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Latin America
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
10 Multicooker Manufacturing Process
- 10.1 Product Overview
- 10.2 Raw Material Requirements
- 10.3 Manufacturing Process
- 10.4 Key Success and Risk Factors
11 Competitive Landscape
- 11.1 Market Structure
- 11.2 Key Players
- 11.3 Profiles of Key Players
- 11.3.1 Philips
- 11.3.2 Morphy Richards
- 11.3.3 KitchenAid
- 11.3.4 Fagor
- 11.3.5 Breville
- 11.3.6 Tefal
List of Figures
- Figure 1: Global: Multicooker Market: Major Drivers and Challenges
- Figure 2: Global: Multicooker Market: Sales Value (in Million US$), 2018-2023
- Figure 3: Global: Multicooker Market: Breakup by Product Type (in %), 2023
- Figure 4: Global: Multicooker Market: Breakup by Application (in %), 2023
- Figure 5: Global: Multicooker Market: Breakup by Distribution Channel (in %), 2023
- Figure 6: Global: Multicooker Market: Breakup by Region (in %), 2023
- Figure 7: Global: Multicooker Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 8: Multicooker Market: Price Structure
- Figure 9: Global: Multicooker Industry: SWOT Analysis
- Figure 10: Global: Multicooker Industry: Value Chain Analysis
- Figure 11: Global: Multicooker Industry: Porter's Five Forces Analysis
- Figure 12: Global: Multicooker (Round Type) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Multicooker (Round Type) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Multicooker (Cube Type) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Multicooker (Cube Type) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Multicooker (Other Product Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Multicooker (Other Product Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Multicooker (Application in Restaurants) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Multicooker (Application in Restaurants) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Multicooker (Application in Home Use) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Multicooker (Application in Home Use) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Multicooker (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Multicooker (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Multicooker Market: Sales through Electrical Goods Retailers (in Million US$), 2018 & 2023
- Figure 25: Global: Multicooker Market Forecast: Sales through Electrical Goods Retailers (in Million US$), 2024-2032
- Figure 26: Global: Multicooker Market: Sales through Supermarkets/Hypermarkets (in Million US$), 2018 & 2023
- Figure 27: Global: Multicooker Market Forecast: Sales through Supermarkets/Hypermarkets (in Million US$), 2024-2032
- Figure 28: Global: Multicooker Market: Sales through Departmental Stores (in Million US$), 2018 & 2023
- Figure 29: Global: Multicooker Market Forecast: Sales through Departmental Stores (in Million US$), 2024-2032
- Figure 30: Global: Multicooker Market: Sales through Homeware Stores (in Million US$), 2018 & 2023
- Figure 31: Global: Multicooker Market Forecast: Sales through Homeware Stores (in Million US$), 2024-2032
- Figure 32: Global: Multicooker Market: Sales through Online (in Million US$), 2018 & 2023
- Figure 33: Global: Multicooker Market Forecast: Sales through Online (in Million US$), 2024-2032
- Figure 34: Global: Multicooker Market: Sales through Other Distribution Channels (in Million US$), 2018 & 2023
- Figure 35: Global: Multicooker Market Forecast: Sales through Other Distribution Channels (in Million US$), 2024-2032
- Figure 36: North America: Multicooker Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: North America: Multicooker Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: Europe: Multicooker Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: Europe: Multicooker Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: Asia Pacific: Multicooker Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: Asia Pacific: Multicooker Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: Middle East & Africa: Multicooker Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: Middle East & Africa: Multicooker Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: Latin America: Multicooker Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: Latin America: Multicooker Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: Multicooker Manufacturing: Detailed Process Flow
List of Tables
- Table 1: Global: Multicooker Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Multicooker Market Forecast: Breakup by Product Type (in Million US$), 2024-2032
- Table 3: Global: Multicooker Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 4: Global: Multicooker Market Forecast: Breakup by Distribution Channel (in Million US$), 2024-2032
- Table 5: Global: Multicooker Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 6: Multicooker Manufacturing: Raw Material Requirements
- Table 7: Global: Multicooker Market: Competitive Structure
- Table 8: Global: Multicooker Market: Key Players
