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Global Slow Cooker Market 2017-2021

Global Slow Cooker Market 2017-2021

About Slow Cooker

A slow cooker is a countertop electrical cooking appliance that cooks at a low temperature with optimum cooking time. The global slow cooker market includes manual and automatic types of slow cookers. Based on the capacity, the product is segregated into 0-1 gallon and above 1 gallon capacity cookers.

Technavio’s analysts forecast the global Slow Cooker market to grow at a CAGR of 8.27% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global slow cooker market for 2017-2021. To calculate the market size, the report considers the retail sales value for the derivation of market size.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • Europe
  • MEA
Technavio's report, Global Slow Cooker Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Breville Group Limited
  • Conair
  • Electrolux
  • Newell Brands
  • Spectrum Brands
  • Whirlpool
Other prominent vendors
  • Hamilton Beach Brands
  • Focus Products Group International
  • Fagor America
  • Morphy Richards
  • Tefal
  • SharkNinja
Market driver
  • Growing demand for slow cooked food
  • For a full, detailed list, view our report
Market challenge
  • Availability of microwave ovens
  • For a full, detailed list, view our report
Market trend
  • Smart slow cookers with wi-fi
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Slow Cooker Market 2017-2021

Technavio recognizes the following companies as the key players in the global slow cooker market: Breville Group Limited, Conair, Electrolux, Newell Brands, Spectrum Brands, and Whirlpool.

Other Prominent Vendors in the market are: Hamilton Beach Brands, Focus Products Group International, Fagor America, Morphy Richards, Tefal, and SharkNinja.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is smart slow cookers with wi-fi. The introduction of wireless connectivity in slow cookers has enabled them to be operated by tablets or smartphones. Through these devices, users can monitor and control the cooking temperature and time. This is an advancement in kitchen technology. Belkin, a prominent vendor, has introduced slow cookers integrated with automation technology. These wireless enabled cookers look identical to other slow cookers. They allow users to connect the slow cookers with any internet device.”

According to the report, one of the major drivers for this market is growing demand for slow cooked food. There was a boom in the usage of slow cookers during 1970-1980 when slow cookers were introduced in the US market. During that time, a slow cooker was commonly known as a crock-pot. Even in the 21st century, it is a popular name in the US market. Over the years, it got popular in other parts of the world. There was a rise in the sales of slow cookers during the period, due to a gradual increase in the number of working women. Thus, more than 40 companies started to manufacture their own brand of slow cookers. However, due to the introduction of microwave ovens, the slow cooker market started deteriorating.

Further, the report states that one of the major factors hindering the growth of this market is availability of microwave ovens. Microwave ovens are posing a challenge to the growth of slow cookers across the globe. Microwave ovens are bigger in structure, hold a larger quantity of food, and feature many cooking settings that permit users to cook a wide range of foods. The settings make it possible to roast a chicken, grill a steak, or bake a casserole. Also, they can instantly be preheated, which is helpful for baking cakes and other desserts. Convection cooking is considered ideal for preparing traditional meals. Therefore, consumers prefer convection microwave ovens over slow cookers.



Companies Mentioned

Breville Group Limited, Conair, Electrolux, Newell Brands, Spectrum Brands, Whirlpool, Hamilton Beach Brands, Focus Products Group International, Fagor America, Morphy Richards, Tefal, and SharkNinja.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Global slow cooker market 2017-2021
      • Table Global slow cooker market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Economic Indicators
    • Economic indicators
      • Table Global population 2011- 2015 (billions)
      • Table Global FDI outflow 2011-2015 ($ trillions)
      • Table Global per capita GDP growth 2011-2015 (%)
      • Table Global inflation 2011-2015 (%)
      • Table Global consumer price inflation 2011-2015 (%)
      • Table Global urban population 2011-2015 (billions)
      • Table Global household final consumption 2011-2015 ($ trillions)
  • Market segmentation by product function
    • Global slow cooker market by product function
      • Table Global slow cooker market by product function 2016 and 2021 ($ millions)
      • Table Global slow cooker market by product function 2016-2021 ($ millions)
    • Global automatic slow cooker market
      • Table Global automatic slow cooker market 2016-2021 ($ millions)
    • Manual slow cooker market
      • Table Manual slow cooker market 2016-2021 ($ millions)
  • Market segmentation by product capacity
    • Global slow cooker market by product capacity
      • Table Global slow cooker market by product capacity 2016 (%)
      • Table Global slow cooker market by product capacity 2021 (%)
      • Table Global slow cooker market by product capacity 2016-2021 ($ millions)
    • Global slow cooker market by 0-1 gallon capacity
      • Table Global slow cooker market by 0-1 gallon capacity 2016-2021 ($ millions)
    • Global slow cooker market by above 1 gallon capacity
      • Table Global slow cooker market by above 1 gallon capacity 2016-2021 ($ millions)
  • Geographical segmentation
    • Global slow cooker market by geography
      • Table Global slow cooker market by geography 2016-2021 ($ millions)
      • Table Global slow cooker market by geography 2016 and 2021 ($ millions)
    • Global slow cooker market in Americas
      • Table Global slow cooker market in Americas 2016-2021 ($ millions)
    • Global slow cooker market in Europe
      • Table Global slow cooker market in Europe 2016-2021 ($ millions)
    • Global slow cooker market in APAC
      • Table Global slow cooker market in APAC 2016-2021 ($ millions)
    • Global slow cooker market in MEA
      • Table Global slow cooker market in MEA 2016-2021 ($ millions)
  • Key leading countries
    • Table Key leading countries
    • US
    • Germany
    • UK
    • Japan
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global meat consumption 2010-2015 (kg/capita)
      • Table Global meat consumption 2016-2021 (kg/capita)
      • Table Percentage of working women out of total women population 2011-2015
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • Smart slow cookers with wi-fi
    • Portability of slow cookers
    • Low power consumption by slow cookers
  • Vendor landscape
    • Competitive scenario
    • Comparative analysis
      • Table Global slow cooker market 2016-2021: Vendor comparison
    • Competitive strategy
  • Key vendor analysis
    • Breville Group Limited
      • Table Breville Group Limited: Geographic segmentation (%)
    • Conair
      • Table Conair: Product segmentation
    • Electrolux
      • Table Electrolux: Business segmentation (%)
      • Table Electrolux: Geographical segmentation
    • Newell Brands
      • Table Newell Brands: Product and service segmentation ($ millions)
      • Table Newell brands: Product segmentation (%)
      • Table Newell Brands: Geographical segmentation (%)
    • Spectrum Brands
      • Table Spectrum Brands: Geographical segmentation (%)
      • Table Spectrum Brands: Business segmentation (%)
    • Whirlpool
      • Table Whirlpool: Product segmentation by revenue (%)
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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