
India Electric Rice Cooker Market, By Type (Standard, Multifunction, Induction Heat); By Capacity (Small Volume, Medium Volume, Large Volume, Extra Large Volume); By Distribution Channel (Supermarket/Hypermarket, Specialty Store, E-commerce); By End User
Description
India Electric Rice Cooker Market, By Type (Standard, Multifunction, Induction Heat); By Capacity (Small Volume, Medium Volume, Large Volume, Extra Large Volume); By Distribution Channel (Supermarket/Hypermarket, Specialty Store, E-commerce); By End User (Residential, Commercial), Trend Analysis, Competitive Landscape & Forecast, 2019–2029
India Electric Rice Cooker Market Size Set to Touch USD 302.16 million by 2029
India electric rice cooker market is flourishing because of a spurring demand for quick, convenient, and easy kitchen appliances driven by increasingly favorable demographic trends across the country.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India electric rice cooker market size at USD 201.3 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the India electric rice cooker market size to grow at a significant CAGR of 6.09% reaching a value of USD 302.16 million by 2029. Major growth drivers for the India electric rice cooker market include an increasing number of households that have both working adults, which has led to a higher demand for quick and easy meal solutions. Electric rice cookers have become more affordable, making them accessible to a wider range of consumers. Another factor contributing to the growth of the electric rice cooker market in India is the increasing popularity of multi-cookers, which can cook not just rice, but also other types of dishes, such as biryanis, curries, and soups. Multi-cookers offer convenience and versatility, which has made them a popular choice among consumers. The India electric rice cooker market is also expected to record significant growth during the forecast period, owing to the rapid adoption of technology advancements and an increase in the number of nuclear families. The market is also being driven by the incorporation of new and unique features in electric rice cookers, such as the integration of the Internet of Things (IoT) to connect these devices. These developments have contributed to the expansion of the electric rice cooker market. Key market players are striving to meet the growing demand by introducing innovative products and expanding their existing product range. However, high cost of electric rice cookers and lack of standardization are anticipated to restrain the overall market growth during the period in analysis.
India Electric Rice Cooker Market – Overview
The electric rice cooker market refers to the industry that involves the production, distribution, and sale of electric appliances used specifically for cooking rice. These appliances are designed to automate the rice cooking process and offer a convenient and time-saving solution for households. The market includes various types of electric rice cookers, ranging from basic models with simple features to advanced multi-cookers with a variety of functions. The market is driven by factors such as convenience, affordability, and the increasing demand for quick and easy meal solutions. Major players in the electric rice cooker market offer a wide range of products, from budget-friendly options to high-end models with advanced features.
Impact of COVID-19 on India Electric Rice Cooker Market
COVID-19 pandemic adversely affected the electric rice cooker market in India. It disrupted supply chains, leading to shortages of raw materials and components necessary to manufacture the appliances. It has resulted in delayed production and increased prices for some models, potentially discouraging some consumers from purchasing them. Additionally, reduced consumer spending caused by the economic impact of the pandemic may have also affected the market. Despite these challenges, the market has recovered and continues to grow in the long term as demand for convenient kitchen appliances remains high. Also, the pandemic has resulted in an increased demand for electric rice cookers as a greater number of people are staying at and working from home and have begun cooking.
India Electric Rice Cooker Market – By Type
By type, the India electric rice cooker market is divided into Standard, Multifunction, and Induction Heat segments. The standard electric rice cooker segment holds the highest share in the India electric rice cooker market primarily, as it is the most affordable and widely available type of electric rice cooker. Standard electric rice cookers are relatively simple in design and function, with basic features such as a heating plate and a switch to turn the cooker on and off. They are also easy to operate, requiring minimal expertise or training to use. Also, traditional cooking methods are still popular in many parts of India, where many households still cook rice on the stove using a pot or pressure cooker. Therefore, the affordability and simplicity of standard electric rice cookers make them a more accessible and practical choice for many consumers, particularly in lower-income households or in rural areas where access to other types of electric rice cookers may be limited.
Competitive Landscape
Major players operating in the India electric rice cooker market include Philips India Limited, Bajaj Electricals Ltd, TTK Prestige Limited, STOVE KRAFT LIMITED, Panasonic India Pvt Ltd, USHA INTERNATIONAL LIMITED, Havells India Ltd., Butterfly Gandhimathi Appliances Limited, Toshiba Lifestyle Products and Services Corporation, and KENT RO SYSTEMS LTD. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of India Electric Rice Cooker Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Electric Rice Cooker Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
200 Pages
- 1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
- 2. Executive Summary
- 3. Saudi Arabia Cosmetic Dentistry Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Increasing awareness and demand for cosmetic dentistry procedures among the population
- 3.2.1.2. Growing disposable income and willingness to spend on improving dental aesthetics
- 3.2.1.3. Advancements in dental technology and materials used for cosmetic procedures
- 3.2.2. Restraints
- 3.2.2.1. High cost of cosmetic dentistry procedures, which may limit the adoption among the middle and lower-income population
- 3.2.2.2. Limited insurance coverage for cosmetic dentistry procedures
- 3.2.3. Opportunities
- 3.2.3.1. Growing medical tourism industry in the country, which can attract patients seeking affordable cosmetic dentistry treatments
- 3.2.3.2. Partnership and collaboration between dental professionals and cosmetic dentistry product manufacturers
- 3.2.4. Challenges
- 3.2.4.1. Maintaining quality and safety standards for cosmetic dentistry procedures
- 3.2.4.2. Providing effective aftercare and follow-up services to patients
- 3.3. Technology Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter’s Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
- 4. Saudi Arabia Cosmetic Dentistry Market Overview
- 4.1. Market Size & Forecast, 2019–2029
- 4.1.1. By Value (USD Million)
- 4.1.2. Market Share and Forecast
- 4.1.3. By Product
- 4.1.3.1. Dental Systems & Equipment
- 4.1.3.2. Dental Implants
- 4.1.3.3. Dental Crowns & Bridges
- 4.1.3.4. Others
- 4.1.4. By End User
- 4.1.4.1. Dental Hospitals & Clinics
- 4.1.4.2. Dental Laboratories
- 4.1.4.3. Other End Users (Research Institutes And Cosmetic Clinics)
- 5. Competitive Landscape
- 5.1. List of Key Players and Their Offerings
- 5.2. Saudi Arabia Cosmetic Dentistry Market Share Analysis, 2022
- 5.3. Competitive Benchmarking, By Operating Parameters
- 5.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- 6. Impact of Covid-19 on Saudi Arabia Cosmetic Dentistry Market
- 7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 7.1. Dr. Sulaiman Al Habib Medical Group
- 7.2. Riyadh Dental Care
- 7.3. Al Nahdi Medical Company
- 7.4. Dallah Hospital
- 7.5. Dentsply Sirona
- 7.6. Ivoclar Vivadent
- 7.7. 3M ESPE Dental Products
- 7.8. Nobel Biocare
- 7.9. Zimmer Biomet
- 7.10. Danaher Group
- 7.11. Other Prominent Players
- 8. Key Strategic Recommendations
- 9. Research Methodology
- 9.1. Qualitative Research
- 9.1.1. Primary & Secondary Research
- 9.2. Quantitative Research
- 9.3. Market Breakdown & Data Triangulation
- 9.3.1. Secondary Research
- 9.3.2. Primary Research
- 9.4. Breakdown of Primary Research Respondents, By Region
- 9.5. Assumptions & Limitations
- *Financial information in case of non-listed companies can be provided as per availability.
- **The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
- List of Figures
- Figure 1 Saudi Arabia Cosmetic Dentistry Segmentation
- Figure 2 Saudi Arabia Cosmetic Dentistry Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 Saudi Arabia Cosmetic Dentistry Market Size, By Value (USD Million), 2019–2029
- Figure 5 Saudi Arabia Cosmetic Dentistry Market Share, By Product, By Value, 2019–2029
- Figure 6 Saudi Arabia Cosmetic Dentistry Market Share, By End User, By Value, 2019–2029
- List of Tables
- Table 1 Saudi Arabia Cosmetic Dentistry Market Size, By Value (USD Million), 2019–2029
- Table 2 Saudi Arabia Cosmetic Dentistry Market Size, By Product, By Value, 2019–2029
- Table 3 Saudi Arabia Cosmetic Dentistry Market Size, By End User, By Value, 2019–2029
- Table 4 Dr. Sulaiman Al Habib Medical Group Company Overview
- Table 5 Dr. Sulaiman Al Habib Medical Group Financial Overview
- Table 6 Riyadh Dental Care Company Overview
- Table 7 Riyadh Dental Care Financial Overview
- Table 8 Al Nahdi Medical Company - Company Overview
- Table 9 Al Nahdi Medical Company Financial Overview
- Table 10 Dallah Hospital Company Overview
- Table 11 Dallah Hospital Financial Overview
- Table 12 Dentsply Sirona Company Overview
- Table 13 Dentsply Sirona Financial Overview
- Table 14 Ivoclar Vivadent Company Overview
- Table 15 Ivoclar Vivadent Financial Overview
- Table 16 3M ESPE Dental Products Company Overview
- Table 17 3M ESPE Dental Products Financial Overview
- Table 18 Nobel Biocare Company Overview
- Table 19 Nobel Biocare Financial Overview
- Table 20 Zimmer Biomet Company Overview
- Table 21 Zimmer Biomet Financial Overview
- Table 22 Danaher Group Company Overview
- Table 23 Danaher Group Financial Overview
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