The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
The global multi cooker market reached a value of US$ 720 Million in 2020.
According to the estimates by IMARC Group, the global multi cooker market is expected to grow at a CAGR of 9.50% during 2021-2026.
The increasing instances of obesity are making consumers more conscious about their health and dietary habits, thereby encouraging them to adopt new cooking and healthy living practices. This represents one of the key drivers for the global multi cooker market.
The introduction of innovative product variants with higher efficiency, enhanced features, easy portability, etc., represents one of the key trends in the global multi cooker market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous manufacturing units and disrupted supply chains for multi cookers.
On the basis of product type, the market has been bifurcated into round, cube, and others. Amongst these, round multi cookers are the most preferred product type.
On the basis of application, the market has been bifurcated into home use, restaurants, and others, where home use exhibits a clear dominance in the global multi cooker market.
On the basis of distribution channel, the market has been bifurcated into electrical goods retailers, supermarkets/hypermarkets, departmental stores, homeware stores, online, and others. Amongst these, electrical goods retailers exhibit a clear dominance in the market.
Region-wise, the market has been segmented into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America, where North America accounts for the majority of the market share.
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )
Drop us an email at