Global Electric Pressure Cooker Market Growth 2023-2029

Global Electric Pressure Cooker Market Growth 2023-2029

This report studies the Electric Pressure Cooker market. Compared with traditional pressure cooker (invented in 1679), electric pressure cookers (invented in 1991) includes an electric heat source that is automatically regulated to maintain the operating pressure with a stand-out feature of convenient digital timing technology.

LPI (LP Information)' newest research report, the “Electric Pressure Cooker Industry Forecast” looks at past sales and reviews total world Electric Pressure Cooker sales in 2022, providing a comprehensive analysis by region and market sector of projected Electric Pressure Cooker sales for 2023 through 2029. With Electric Pressure Cooker sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Pressure Cooker industry.

This Insight Report provides a comprehensive analysis of the global Electric Pressure Cooker landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Pressure Cooker portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electric Pressure Cooker market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Pressure Cooker and breaks down the forecast by sales channel, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Pressure Cooker.

The global Electric Pressure Cooker market size is projected to grow from US$ 4059 million in 2022 to US$ 4719.9 million in 2029; it is expected to grow at a CAGR of 4719.9 from 2023 to 2029.

China is the largest market with about 26% market share. Europe is follower, accounting for about 19% market share.

The key players are Fagor, Philips, Panasonic, SINBO, Midea, Supor (SEB), Joyoung, Galanz, Double Happiness etc. Top 3 companies occupied about 41% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Pressure Cooker market by product sales channel, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by sales channel
Online Sales
Offline Sales

Segmentation by application
Commercial
Residential

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Fagor
Philips
Panasonic
SINBO
Midea
Supor (SEB)
Joyoung
Galanz
Double Happiness

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electric Pressure Cooker market?

What factors are driving Electric Pressure Cooker market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electric Pressure Cooker market opportunities vary by end market size?

How does Electric Pressure Cooker break out sales channel, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.