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Global Rice Cooker Market to Witness a Pronounce Growth During 2024– Top Key players like Midea,Joyoung,SUPOR(SEB),Inc.
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Rice cookers automate the process by mechanically or electronically controlling heat and timing, thus freeing up a space on the hob and the attention normally reserved for rice cooking.Although rice cookers do not necessarily speed up the cooking process, with a rice cooker the cook's involvement in cooking rice is reduced to simply measuring the rice, preparing the rice properly and using the correct amount of water - the rest of the process is automated.
In the last several years, global market of Rice Cooker developed rapidly, with an average growth rate of 7.54% (2013-2018). In 2018, global revenue of Rice Cooker is nearly 5054 M USD; the actual production volume is about 134.4 M Units.
The global average price of Rice Cooker is in the upward trend along with the introduction of intelligent technologyn, from 32.85 USD/Unit in 2013 to 37.6 USD/Unit in 2018. With the situation of global economy and more investment on the manufacturing facility, prices will continue to keep rising trend in the following five years.
In terms of production, China has a monopoly position in the global market, China's production volume market share is close to 81% in 2018.
According to this study, over the next five years the Rice Cooker market will register a 7.1% CAGR in terms of revenue, the global market size will reach US$ 7100 million by 2024, from US$ 5050 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Rice Cooker business, shared in Chapter 3.
Market Segment by Manufacturers, this report covers
Midea
Joyoung
SUPOR(SEB)
PHILIPS
ZO JIRUSHI
Cuckoo
TIGER
CUCHEN
Panasonic
Mitsubishi
Guangdong Galanz
Povos
Guangdong Peskoe
Aroma
Market Segment by Type, covers
Traditional Rice Cooker
IH Rice Cooker
Market Segment by Applications, can be divided into
Household
Commercial
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Related Information:
North America Rice Cooker Market Growth 2019-2024
United States Rice Cooker Market Growth 2019-2024
Asia-Pacific Rice Cooker Market Growth 2019-2024
Europe Rice Cooker Market Growth 2019-2024
EMEA Rice Cooker Market Growth 2019-2024
Global Rice Cooker Market Growth 2019-2024
China Rice Cooker Market Growth 2019-2024
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