Press release
Electric Tiffin Market 2018-2028: Market Segments, Dynamics, Size, Supply & Demand, Current Trends and Forecast
As of 2017, the electric appliance market is being valued at US$ 668.9 Bn and is being anticipated to register a CAGR of 7.2% in terms of value sales over the forecast period. The electric appliance has a wide range of product offerings which includes refrigerator, wine-coolers, washing machine, tumble dryers, vacuum cleaners, steam mops, shavers etc which has witnessed surging demand from its target customers over the decades. However, the electric appliance manufacturers are now getting into untapped markets by converting some of the traditional food appliances to electric appliances which strategize through innovation factor. Electric Tiffin is one such food appliance which has been gradually gaining traction among its target customers due to its unique features provided. An electric tiffin box is designed to heat the food content stored at any given time.
Key Data Points Covered in the Report
Some of the key data points covered in our report include:
An overview of the Electric Tiffin market, including background and evolution
Macroeconomic factors affecting the Electric Tiffin market and its potential
Electric Tiffin Market dynamics, such as drivers, challenges, and trends
Detailed value chain analysis of the Electric Tiffin market
The cost structure of the products and segments covered in the study for Electric Tiffin Market
In-depth pricing analysis, by key product segments, regions and by major Electric Tiffin market participants
Analysis of supply and demand, such as top producing and consuming geographies, imports/exports, and overall trade scenario for Electric Tiffin
Analysis of the Electric Tiffin market structure, including a tier-wise categorization of key market participants
Competitive landscape of the Electric Tiffin market, including detailed profiles of the top players in this market
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Global Electric Tiffin: Market Segmentation
On the basis of types, the global Electric Tiffin market has been segmented as –
Single layered electric tiffin
Double layered electric tiffin
Multi-layered electric tiffin
On the basis of application, the global Electric Tiffin market has been segmented as –
Household
Commercial
Offices
Educational Institutions
Hospitality Industry
Foodservice Industry
On the basis of the distribution channel, the global Electric Tiffin market has been segmented as –
Direct
Indirect
Hypermarket/Supermarket
Specialty Stores
Independent Stores
Online Store
Others
Global Electric Tiffin Market: Key Players
Some of the key players operating in the global Electric Tiffin market are Hamilton Housewares Pvt. Ltd. (Milton), Ecoline Appliances, Tayama Appliances USA Inc., Koolatron, Zojirushi America Corporation among others.
Electric Tiffin Market: Key Trends
Some of the major players in the market have been strategizing on launching new innovative Electric Tiffins in the view of extending its product portfolio and simultaneously promoting the product through various channel especially social media sites.
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Electric Tiffin Market: Key Developments
In 2017, Hamilton Housewares Pvt. Ltd. Launched Futron Electric Tiffin for Indian market anticipating consumers’ unspoken need for hot and warm food.
In 2018, Milton released a new television commercial for Microwow Tiffin. The TVC aptly communicates the brand proposition of easing consumer lives by providing India's office goers with intelligent tiffin solutions to make lunchtime enjoyable without hampering their daily work commitments.
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