The multinational Rice Cooker market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
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.
In the global Rice Cooker market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In market segmentation by manufacturers, the report covers the following companies-
Midea
Joyoung
SUPOR(SEB)
PHILIPS
ZO JIRUSHI
Cuckoo
TIGER
CUCHEN
Panasonic
Mitsubishi
Guangdong Galanz
Povos
Guangdong Peskoe
Aroma
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types :
Traditional Rice Cooker
IH Rice Cooker
In market segmentation by applications :
Household
Commercial
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Rice Cooker market for the forecast period 2020 - 2025?
• What are the driving forces in the Rice Cooker market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Rice Cooker industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?