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The market has witnessed a notable trend with the emergence and popularity of smart, app-enabled lunch boxes. These innovative devices integrate seamlessly with mobile applications, offering users enhanced control and customization over their meal preparation experience. With features such as remote temperature adjustment, real-time monitoring, and personalized heating schedules, these smart lunch boxes cater to the tech-savvy consumer seeking convenience and connectivity in their daily lives.
For instance, in 2020, Milton launched its app enabled smart tiffin. The tiffin connects to your smartphone and allows you to schedule a heating time for your food. It then heats the food in under 30 minutes and keeps it hot for 60 minutes. Moreover, users can set a geolocation tag on the tiffin which automatically starts the heating process in order to ensure the food is hot when users arrive at their location.
Cello World, CrockPot, Girmi, Hamilton Housewares Pvt. Ltd., Haven Innovation, HotLogic, Jaypee Plus, Koolatron Corporation, Milton, SKG Electric Co. Ltd., TAYAMA Appliance USA Inc., and Wonderchef, are some of the major electric lunch box companies worldwide.
North America held over 40% share of the electric lunch box industry in 2023 and is expected to register a commendable CAGR from 2024-2032 due to the presence of tech-savvy consumer base, a robust culture of on-the-go lifestyles, and a heightened emphasis on convenience in the region.
The multi-layer configuration segment held over 45% share of the electric lunch box industry in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to the multifunctional appeal of multi-layer electric lunch boxes, providing users with the versatility.
Electric lunch box market size crossed USD 1 billion in 2023 and is expected to register over 4.3% CAGR from 2024-2032 owing to the increasing health awareness, dietary consciousness, and the rising efforts in consuming freshly prepared nutritious meals among consumers worldwide.