Global Gas And Electric Pressure Cooker Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Material;

Stainless steel, Aluminum and Others.

By Application;

Residential and Commercial.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn798221326 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Gas And Electric Pressure Cooker Market (USD Million), 2020 - 2030

In the year 2023, the Global Gas And Electric Pressure Cooker Market was valued at USD 8,254.76 million. The size of this market is expected to increase to USD 13,429.75 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 7.2%.

The global market for gas and electric pressure cookers has witnessed significant growth driven by factors such as the increasing preference among urban populations with busy lifestyles. These cookers offer time-saving benefits and contribute to energy conservation, making them increasingly appealing to consumers. The ability of pressure cookers to reduce cooking time by up to 70%, while preserving nutrients and enhancing flavors, has further fueled their demand.

Product innovation has played a key role in driving the demand for gas and electric pressure cookers. Manufacturers are investing in research and development to introduce advanced technologies and materials, such as hard anodized aluminum and ceramic coatings, to meet consumer preferences for non-toxic cookware. Electric pressure cookers, in particular, have gained popularity due to their convenience and advanced features, such as automatic pressure buttons that prevent food from burning and save energy. The endorsement of pressure cookers by top chefs for their ability to preserve essential nutrients has also contributed to market growth.

The gas and electric pressure cooker market is characterized by increasing consumer awareness of the benefits offered by these cookware products. With ongoing advancements in technology and materials, coupled with endorsements from culinary experts, the demand for pressure cookers is expected to continue growing in the foreseeable future.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Gas And Electric Pressure Cooker Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Urban population
        2. Busy lifestyle
        3. Time-saving
        4. Energy conservation
      2. Restraints
        1. Safety concerns
        2. Limited adoption in certain regions
        3. High initial cost
        4. Maintenance requirements
      3. Opportunities
        1. Innovative Technology
        2. Health-conscious Consumers
        3. Energy Efficiency
        4. Customization and Personalization
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Gas And Electric Pressure Cooker Market, By Material, 2020 - 2030 (USD Million)
      1. Stainless Steel
      2. Aluminum
      3. Others
    2. Global Gas And Electric Pressure Cooker Market, By Application, 2020 - 2030 (USD Million)
      1. Residential
      2. Commercial
    3. Global Gas And Electric Pressure Cooker Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. GROUPE SEB
      2. Zwilling
      3. Fissler
      4. Koninklijke Philips N.V.
      5. Panasonic Corporation
      6. WMF Group
      7. Zhejiang Supor Co., Ltd.
      8. Midea Group Co., Ltd.
      9. Joyoung Co., Ltd.
      10. Qingdao Haier Co., Ltd.
  7. Analyst Views
  8. Future Outlook of the Market

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