Electric Rice Cooker Market 2019-2023 | Product Premiumization And Innovation to Boost Growth | Technavio

LONDON–(BUSINESS WIRE)–Mar 27, 2020–

Technavio has been monitoring the electric rice cooker market and it is poised to grow by USD 1.8 billion during 2019-2023, progressing at a CAGR of almost 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Request latest free sample report of 2020-2024

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Technavio has published a latest market research report titled Global Electric Rice Cooker Market 2019-2023 (Graphic: Business Wire)

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ELECTROLUX, Hamilton Beach Brands, Koninklijke Philips, Newell Brands, and Spectrum Brands are some of the major market participants. The product premiumization and innovation will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Product premiumization and innovation has been instrumental in driving the growth of the market.

Electric Rice Cooker Market 2019-2023 : Segmentation

Electric Rice Cooker Market is segmented as below:

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Electric Rice Cooker Market 2019-2023 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our electric rice cooker market report covers the following areas:

Electric Rice Cooker Market Size
Electric Rice Cooker Market Trends
Electric Rice Cooker Market Industry Analysis

This study identifies multifunctionality of electric rice cookers as one of the prime reasons driving the electric rice cooker market growth during the next few years.

Electric Rice Cooker Market 2019-2023 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the electric rice cooker market, including some of the vendors such as ELECTROLUX, Hamilton Beach Brands, Koninklijke Philips, Newell Brands, and Spectrum Brands. Backed with competitive intelligence and benchmarking, our research reports on the electric rice cooker market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Electric Rice Cooker Market 2019-2023 : Key Highlights

CAGR of the market during the forecast period 2019-2023
Detailed information on factors that will assist electric rice cooker market growth during the next five years
Estimation of the electric rice cooker market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behaviour
The growth of the electric rice cooker market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of electric rice cooker market vendors

Table Of Contents :

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

2.1 Preface
2.2 Preface
2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

Market ecosystem
Market characteristics
Market segmentation analysis

PART 04: MARKET SIZING

Market definition
Market sizing 2018
Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

PART 06: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

Market segmentation by distribution channel
Comparison by distribution channel
Offline – Market size and forecast 2018-2023
Online – Market size and forecast 2018-2023
Market opportunity by distribution channel

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

Geographic segmentation
Geographic comparison
APAC – Market size and forecast 2018-2023
EMEA – Market size and forecast 2018-2023
Americas – Market size and forecast 2018-2023
Key leading countries
Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

Market drivers
Market challenges

PART 11: MARKET TRENDS

Multifunctionality of electric rice cooker
Increase in availability of private label brands
Ease of use, portability, and convenience for consumers

PART 12: VENDOR LANDSCAPE

Overview
Landscape disruption
Competitive scenario

PART 13: VENDOR ANALYSIS

Vendors covered
Vendor classification
Market positioning of vendors
ELECTROLUX
Hamilton Beach Brands
Koninklijke Philips
Newell Brands
Spectrum Brands

PART 14: APPENDIX

Research methodology
List of abbreviations

PART 15: EXPLORE TECHNAVIO

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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KEYWORD:

INDUSTRY KEYWORD: FOOD/BEVERAGE RETAIL

SOURCE: Technavio Research

PUB: 03/27/2020 09:00 PM/DISC: 03/27/2020 09:01 PM