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Electric Rice Cooker Market Share
Key players in the electric rice cooker industry are Panasonic Corporation, Breville Group Limited, Hamilton Holdings Company, Midea Group Company and Electrolux AB. Together these companies have a market share of 10%-15% of the total market with fierce competition in this market and driving continuous advancements and the introduction of new features to meet the evolving demands of tech savvy parents globally. These companies have a diverse range of products that integrate advanced technologies.
Electric Rice Cooker Market Companies
Major companies operating in the electric rice cooker industry include:
- Aroma Housewares Company
- Black & Decker
- Breville Group Limited
- Cuckoo Electronics Company
- Electrolux AB
- Hamilton Holdings Company
- Hitachi Limited
- Koninklijke Philips NV
- Midea Group Company
- Mitsubishi Electric Corporation
- Panasonic Corporation
- Tiger Corporation
- Toshiba Corporation
- Xiaomi Corporation
- Zojirushi Corporation
Why is the use of medium (4-6 Cups) electric rice cookers rising?
The medium (4-6 Cups) segment in the electric rice cooker industry recorded USD 1.7 billion in 2023 and is anticipated to witness 6.1% CAGR during 2024-2032, due to their convenience.
What is the size of the APAC electric rice cooker market?
Asia Pacific industry size was USD 1.6 billion in 2023 and is anticipated to register 6.4% CAGR between 2024 and 2032, led by rising disposable income, and a large population accustomed to cooking rice regularly.
How big is the electric rice cooker market?
The industry size for electric rice cooker was USD 3.5 billion in 2023 and is anticipated to register 5.8% CAGR between 2024 and 2032 as they offer a simple and reliable way to cook delicious rice and other dishes without the hassle or stress.
Who are the major electric rice cooker industry players?
Aroma Housewares Company, Black & Decker, Breville Group Limited, Cuckoo Electronics Company, Electrolux AB, Hamilton Holdings Company, Hitachi Limited, Koninklijke Philips NV, Midea Group Company, and Mitsubishi Electric Corporation