Juicer Market Is Bound To Make An Impact In Your Business

Posted by sarahbennu on October 4th, 2019

Juicers are the kitchen appliances that are used to extract juice from fruits and vegetables. They are used in both residential and commercial applications. 

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Energy efficiency is important for residential as well as commercial end-users to reduce costs and save energy. In juicers, the motor consumes substantial amounts of energy. Hence, many juicer manufacturers have started incorporating energy-efficient equipment and technologies in machine production. Many vendors in the market, such as Panasonic Corp.Electrolux, and Philips, are investing heavily in the development of energy-efficient juicers. 

The use of lightweight materials in household appliances is increasing. These materials include aluminum, composites, high-strength steel, magnesium, and plastics. The increasing awareness about climate change among people, the growing focus on environmental issues, and the rise in energy prices will drive the demand for lightweight juicers, which will help the end-users of juicers to save on costs. Therefore, juicer manufacturers are expected to focus on lightweight materials. This will also help them to comply with stringent environmental regulations. Hence, the rising focus on manufacturing energy-efficient and lightweight juicers will boost the growth of the juicer market size at a CAGR of 7.56% during the forecast period. 

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sarahbennu
Joined: July 1st, 2019
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