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In 2024, key companies like Newell Brands, Hamilton Beach Brands, Instant Brands, Whirlpool Corporation, SharkNinja, Stanley Black & Decker, Groupe SEB and Breville Group held a combined market share of 5%-10%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.
Resellers that consistently deliver high-quality products and reliable performance often secure a competitive advantage. Upholding stringent testing and refurbishment standards is crucial for earning customer trust. Introducing warranties or return policies can distinguish resellers in the market. By offering customer support and repair services, resellers bolster buyer confidence, rendering them more appealing. A robust online presence, characterized by user-friendly websites and active social media engagement, enables resellers to connect with a wider audience. Strategic marketing initiatives can further differentiate them from their competitors.
Major players operating in the slow cooker industry are:
The global slow cooker industry was valued at USD 1.9 billion in 2024 and is projected to grow at a CAGR of over 5.5% from 2025 to 2034, driven by changing consumer lifestyles and a growing preference for convenient and healthy cooking solutions.
The manual slow cookers segment generated USD 951.5 million in revenue in 2024 and is expected to grow at a CAGR of around 5.5% from 2024 to 2035, supported by their simplicity and affordability.
The U.S. holds an 82% share of the North American slow cooker industry, driven by increasing demand for time-saving kitchen appliances among busy households and working professionals.
Key players in the market include Breville Group, Cuisinart, Groupe SEB, Hamilton Beach Brands, Instant Brands, Maxi-Matic, Meyer Corporation, Midea Group, Newell Brands, Panasonic Corporation, and Sanyo Electric.