Electric Rice Cooker Market Upcoming Progress and Competitive Landscape by 2029

Posted by Arslan on February 14th, 2020

FactMR, in its latest business intelligence study, depicts the nuts and bolts of the global electric rice cooker market. The electric rice cooker report presents detailed information regarding the drivers, restraints, opportunities and trends affecting electric rice cooker market growth. Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the electric rice cooker report elaborates the market behavior of each vendor operating in the electric rice cooker market. The electric rice cooker report considers the following years to present the overall market growth:

• History Year: 2014 - 2018
• Estimated Year: 2019
• Forecast Year: 2019 – 2029

Key findings of the electric rice cooker market study:

• Regional breakdown of the electric rice cooker market based on predefined taxonomy.
• Innovative manufacturing processes implemented by electric rice cooker vendors in detail.
• Region-wise and country-wise fragmentation of the electric rice cooker market to grasp the revenue, and growth outlook in these areas.
• Changing preferences among consumers across various regions and countries.
• Factors (Positive and Negative) impacting the growth of the global electric rice cooker market.

Key players analyzed in the electric rice cooker market study:

• TTK Prestige Limited
• Zojirushi America Corporation
• Tiger Corporation
• Sunbeam Product Inc

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The global electric rice cooker market is set to rise at a healthy CAGR of 7 % through the forecast period (2019- 2029). The growth can be primarily attributed to a rising demand for energy efficiency and convenience in cooking devices, which has arisen with a rise in the standard of living, investments in multifunctional devices and innovations in connectivity, to influence developments in the near future.