Market Overview:
The global self heating instant hot pot market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for convenience foods and rising disposable income of consumers. Additionally, the growing trend of online retail is also propelling the growth of this market. However, health concerns associated with processed foods may hamper the growth of this market in some regions. Based on type, the self heating instant hot pot market can be segmented into up to 200 ml, 200 ml to 500 ml and above 500 ml segments. Among these segments, the up to 200 ml segment is anticipated to account for a major share in terms of revenue during 2018-2030 owing to its low price point and easy portability. By application, online sales accounted for a larger share than offline sales in 2017; however, offline sales are projected grow at a higher CAGR during 2018-2030 due its growing popularity among consumers across different geographies.
Product Definition:
A self heating instant hot pot is an electrical pot that heats up water or other liquids to a boiling point. They are often used for making tea, coffee, soup, or oatmeal.
Up to 200ml:
200ml is a standard size for instant hot pots. It can be used in various applications such as personal care, cosmetics, food & beverage and pharmaceutical industries. 200ml capacity instant hot pot can produce up to 1 litre of scalding water which is ideal for many household uses like cleaning, washing hair and bathing.
The growth factor in the self-heating instant hotpot market is driven by factors such as increasing demand from developing countries due to low cost structure.
200ml to 500 ml:
200ml to 500 ml and it's usage in Self Heating Instant Hot Pot market is used for making tea, coffee or other beverage. It can also be used to heat up instant food such as noodles, soups and others. The product consists of two parts; one is heating pot and other is the filler which can be made of stainless steel or plastic.
Application Insights:
The global self heating instant hot pot market is segmented based on application into online and offline sales. The online sales dominated the overall industry in terms of revenue share in 2017. This can be attributed to various benefits associated with internet shopping such as ease of payment, flexible working hours, easy return & exchange policy and home delivery among others. Furthermore, technological advancements such as the development of smartphone applications that help customers order food from restaurants are further expected to drive demand over the forecast period.
Offline or physical stores are expected to witness significant growth over the forecast period owing to several advantages associated with this method including personal attention by store owners for better customer service along with product knowledge regarding usage instructions etcetera which cannot be obtained through internet searches alone.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of instant hot pot restaurants, which can be attributed to growing popularity of online as well as offline modes of purchasing meal kits. China, Japan, South Korea and India are some of the largest markets for self heating instant hot pot in Asia Pacific.
North America is projected to grow at a significant rate over the forecast period owing to increasing awareness about health benefits associated with using self heating products such as Instant Pot Electric Pressure Cooker along with willingness & ability among consumers to spend more on convenient kitchen appliances that help them save time while cooking food items requiring less effort. U.S.
Growth Factors:
- Increasing demand for convenience foods: The Self Heating Instant Hot Pot market is driven by the increasing demand for convenience foods. This is because these pots offer a quick and easy way to cook food without having to use an oven or stovetop.
- Rising disposable income: Another key growth driver for the Self Heating Instant Hot Pot market is rising disposable income levels, which has led to an increase in consumer spending on convenient food products.
- Growing popularity of single-person households: The growing popularity of single-person households is also contributing to the growth of the Self Heating Instant Hot Pot market, as this demographic tends to prefer products that are quick and easy to use.
- Proliferation of smart devices: The proliferation of smart devices such as smartphones and tablets is also aiding the growth of the Self Heating Instant Hot Pot market, as these devices provide users with convenient ways to access recipes and cooking instructions online.
Scope Of The Report
Report Attributes
Report Details
Report Title
Self Heating Instant Hot Pot Market Research Report
By Type
Up to 200ml, 200ml to 500 ml, Above 500ml
By Application
Online Sales, Offline Sales
By Companies
Haidilao, Moxiaoxian, Shudaonan, OR-RIGHT, Xiaolongkan
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
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Self Heating Instant Hot Pot Market Report Segments:
The global Self Heating Instant Hot Pot market is segmented on the basis of:
Types
Up to 200ml, 200ml to 500 ml, Above 500ml
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
Online Sales, Offline Sales
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:
- Haidilao
- Moxiaoxian
- Shudaonan
- OR-RIGHT
- Xiaolongkan
Highlights of The Self Heating Instant Hot Pot 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:
- Up to 200ml
- 200ml to 500 ml
- Above 500ml
- By Application:
- Online Sales
- Offline Sales
- 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 Self Heating Instant Hot Pot 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Self heating instant hot pot is a type of electric cooker that uses an electric heating element to cook food. The pot has a built-in thermostat that controls the heat, and it can be used to cook rice, noodles, vegetables, and other foods.
Some of the key players operating in the self heating instant hot pot market are Haidilao, Moxiaoxian, Shudaonan, OR-RIGHT, Xiaolongkan.
The self heating instant hot pot market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Self Heating Instant Hot Pot 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 Self Heating Instant Hot Pot Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Self Heating Instant Hot Pot 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 Self Heating Instant Hot Pot 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 Self Heating Instant Hot Pot Market Size & Forecast, 2020-2028 4.5.1 Self Heating Instant Hot Pot Market Size and Y-o-Y Growth 4.5.2 Self Heating Instant Hot Pot 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 Up to 200ml
5.2.2 200ml to 500 ml
5.2.3 Above 500ml
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 Online Sales
6.2.2 Offline Sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Self Heating Instant Hot Pot 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 Self Heating Instant Hot Pot 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 Up to 200ml
9.6.2 200ml to 500 ml
9.6.3 Above 500ml
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 Online Sales
9.10.2 Offline Sales
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 Up to 200ml
10.6.2 200ml to 500 ml
10.6.3 Above 500ml
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 Online Sales
10.10.2 Offline Sales
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 Up to 200ml
11.6.2 200ml to 500 ml
11.6.3 Above 500ml
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 Online Sales
11.10.2 Offline Sales
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 Up to 200ml
12.6.2 200ml to 500 ml
12.6.3 Above 500ml
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 Online Sales
12.10.2 Offline Sales
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 Up to 200ml
13.6.2 200ml to 500 ml
13.6.3 Above 500ml
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 Online Sales
13.10.2 Offline Sales
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 Self Heating Instant Hot Pot Market: Competitive Dashboard
14.2 Global Self Heating Instant Hot Pot Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Haidilao
14.3.2 Moxiaoxian
14.3.3 Shudaonan
14.3.4 OR-RIGHT
14.3.5 Xiaolongkan