Market Overview:
The global electric tiffin market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric tiffins from home users and commercial applications. Additionally, the growing awareness about the benefits of using electric tiffins is also contributing to the growth of this market. The global electric tiffin market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into single layer type, double-layer type, and three layer type. Single layer types are those that have one insulated container with a heating element at its base. Double-layer types have two containers stacked one above another with an insulated divider between them; these are better suited for keeping food warm for longer periods of time than single layer types.
Product Definition:
Electric Tiffins is a device that helps in cooking food. It is an important appliance in every kitchen.
Single Layer Type:
Single layer tiffins are made of single layer non-woven fabric. It is widely used in the electrical tiffin industry on account of its properties such as high tensile strength, abrasion resistance, and low weight. The growth factor for this market is attributed to rising demand from emerging economies in Asia Pacific region coupled with growing awareness regarding the usage of environment-friendly products across various industries including automotive & transportation and building & construction among others.
Double-Layer Type:
Double layer tiffins are made of two different types of metal foils, which are separated by an insulating medium. The foil used in double layer type is generally aluminum and the other one can be any kind of material like copper, tin or plastic. The major advantage associated with this product is that it protects food from oxidation as well as from bacteria growth due to its high quality surface finish and excellent barrier properties.
Application Insights:
The commercial application segment dominated the global electric tiffins market in 2017, accounting for over 70% share of the total revenue. The growth can be attributed to an increase in the number of hotels and restaurants that serve authentic regional cuisine. Electric tiffins are increasingly being adopted by hotels and restaurants as they provide a cost-effective solution for serving food. In addition, these products help reduce waste as they have a built-in compartmentalized dishwasher system which cleans all the dishes automatically. Furthermore, these products also offer flexibility to chefs as it allows them to set meal times and temperatures easily without having to prepare separate dishes every day.
The home use application segment is expected register significant growth over the forecast period owing to increasing product adoption among residential consumers across various regions including North America, Europe, Asia Pacific and Middle East & Africa countries including Saudi Arabia India UAE Qatar etcetera).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. This growth can be attributed to increasing awareness regarding health, safety, and hygiene issues associated with using traditional tiffins as well as changing consumer lifestyle and preference for convenient food products. Moreover, presence of key players such as Tyson Food Inc.; JBF Group; KFC Corporation; McDonald's Corporation; Burger King Holdings Inc.; and Starbucks Coffee Company will drive regional product demand in the forthcoming years.
Asia Pacific is anticipated to emerge as the fastest-growing regional market from 2018 to 2030 owing to rising disposable income levels among consumers especially in developing countries such as China and India along with growing adoption of western culture & lifestyle resulting into increased demand for fast food products including electric tiffins which are considered healthier than stovetop or microwave oven cooked counterparts due to less oil used while cooking thereby boosting industry growth across this region significantly over the forecast period.
Growth Factors:
- Increasing disposable income of people, especially in the developing countries is driving the electric tiffin market growth.
- Rising demand for healthy and fresh food is also propelling the electric tiffin market growth.
- Growing awareness about the benefits of using electric tiffins is another key factor fuelling this market’s expansion.
- The increasing number of nuclear families is also contributing to the growth of this market as they prefer using electric tiffins over traditional lunch boxes or bags to carry their food items safely and hygienically from home to office or school campus etcetera .
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Tiffins Market Research Report
By Type
Single Layer Type, Double-Layer Type, Three Layer Type
By Application
Home Use, Commercial
By Companies
Nayasa, Phillips, Wonderchef, Hoffner, Milton, Zojirushi, Burns Electric, Nayasa
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Electric Tiffins Market Report Segments:
The global Electric Tiffins market is segmented on the basis of:
Types
Single Layer Type, Double-Layer Type, Three Layer Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Use, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nayasa
- Phillips
- Wonderchef
- Hoffner
- Milton
- Zojirushi
- Burns Electric
- Nayasa
Highlights of The Electric Tiffins Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Layer Type
- Double-Layer Type
- Three Layer Type
- By Application:
- Home Use
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Tiffins Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric tiffins are a type of food delivery service that uses an electric cart to deliver food to customers. The carts have a variety of cooking options, such as grills and ovens, which allow the restaurants to serve different types of cuisine.
Some of the major players in the electric tiffins market are Nayasa, Phillips, Wonderchef, Hoffner, Milton, Zojirushi, Burns Electric, Nayasa.
The electric tiffins market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Tiffins Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Electric Tiffins Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Electric Tiffins Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Electric Tiffins Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Electric Tiffins Market Size & Forecast, 2020-2028 4.5.1 Electric Tiffins Market Size and Y-o-Y Growth 4.5.2 Electric Tiffins Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single Layer Type
5.2.2 Double-Layer Type
5.2.3 Three Layer Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Home Use
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Tiffins Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electric Tiffins Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single Layer Type
9.6.2 Double-Layer Type
9.6.3 Three Layer Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Home Use
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single Layer Type
10.6.2 Double-Layer Type
10.6.3 Three Layer Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Home Use
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single Layer Type
11.6.2 Double-Layer Type
11.6.3 Three Layer Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Home Use
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single Layer Type
12.6.2 Double-Layer Type
12.6.3 Three Layer Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Home Use
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single Layer Type
13.6.2 Double-Layer Type
13.6.3 Three Layer Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Home Use
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electric Tiffins Market: Competitive Dashboard
14.2 Global Electric Tiffins Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nayasa
14.3.2 Phillips
14.3.3 Wonderchef
14.3.4 Hoffner
14.3.5 Milton
14.3.6 Zojirushi
14.3.7 Burns Electric
14.3.8 Nayasa