Market Overview:
The global pressure cooker market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for electric pressure cookers, rising disposable income, and growing awareness about the benefits of using a pressure cooker. In terms of type, the ordinary energy pressure cooker segment is expected to dominate the global market during the forecast period. However, in terms of CAGR, electric pressure cookers are expected to grow at a higher rate than other types during 2018-2030 owing to their ease of use and various features offered by them.
Product Definition:
A pressure cooker is a sealed pot with a valve that allows the build-up of steam to create pressure. The trapped steam increases the boiling point of the liquid, causing it to heat up and cook faster.
Ordinary energy pressure cooker:
The ordinary energy pressure cooker is a low to medium power electric appliance used for cooking under high atmospheric pressure. It can be used for both - conventional and microwave cooking. The ordinary energy pressure cooker, also called as common or manual electric Pressure Cooker (PC), has gained remarkable popularity in the recent past and this trend is expected to continue over the forecast period owing to its numerous benefits such as fast preparation time, easy usage, lightweight & small size etc.
Electric pressure cooker:
Electric pressure cooker is a type of pressure cooker which uses electric power for cooking. It’s an easy and safe way to cook food with the help of an inside heating process. The electric pressure cookers can be used in both - the conventional as well as in the automatic mode.
Application Insights:
Commercial use was the dominant application segment in 2017. The commercial sector mainly comprises hotels, restaurants and food chains. The home use category is expected to witness a high growth rate over the forecast period owing to increasing purchasing power of consumers, especially in developing regions like Asia Pacific and Latin America. This pressure cooker can be used at home for cooking delicious foods in less time with better quality than conventional cookers takeout or restaurant style cooking would allow.
Regional Analysis:
North America dominated the global market in 2017 owing to the growing demand for pressure cookers in countries, such as the U.S. and Canada. The increasing number of households is also a prominent factor driving the regional market growth. According to data published by Gallup Inc., from 2014 to 2016, close to 70% of American adults reported owning a cooking appliance as compared to 59% who owned a microwave oven and 56% who owned an electric stove top cooker.
Growth Factors:
- Rising demand for convenience foods: The pressure cooker is a convenient way to cook food, as it cooks quickly and evenly. This has led to rising demand for pressure cookers, as more people seek out quick and easy ways to prepare meals.
- Growing popularity of healthy cooking: The pressure cooker is a healthy way to cook food, as it retains more nutrients than other cooking methods. This has led to growing interest in the pressure cooker among health-conscious consumers.
- Increasing number of single-person households: As the number of single-person households continues to grow, there is greater demand for small kitchen appliances that can help these households save time and money when preparing meals. The pressure cooker is an ideal appliance for this purpose, as it can help prepare meals quickly and easily.
- Advances in technology: Pressure cookers have come a long way in recent years, with many now featuring advanced features such as digital displays and programmable settings that make them easier than ever to use . This has helped boost consumer interest in the category and contributed to its growth over the past few years . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Pressure Cooker Market Research Report
By Type
Ordinary energy pressure cooker, Electric pressure cooker
By Application
Commercial Use, Home Use
By Companies
SEB, WMF, AMC, Sinbo, Silit, Hawkins, TTK Prestige, Kuhn Rikon, Zwilling, Fissler, Philips, Panasonic, Instant Pot, Midea, Supor, Jiuyang, Galanz, Double Happiness, Povos
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Pressure Cooker Market Report Segments:
The global Pressure Cooker market is segmented on the basis of:
Types
Ordinary energy pressure cooker, Electric pressure cooker
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
Commercial Use, Home Use
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:
- SEB
- WMF
- AMC
- Sinbo
- Silit
- Hawkins
- TTK Prestige
- Kuhn Rikon
- Zwilling
- Fissler
- Philips
- Panasonic
- Instant Pot
- Midea
- Supor
- Jiuyang
- Galanz
- Double Happiness
- Povos
Highlights of The Pressure Cooker 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:
- Ordinary energy pressure cooker
- Electric pressure cooker
- By Application:
- Commercial Use
- Home Use
- 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 Pressure Cooker 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?
A pressure cooker is a kitchen appliance that uses high pressure and heat to cook food quickly. It is often used to make soups, stews, and other dishes with a thick consistency.
Some of the major players in the pressure cooker market are SEB, WMF, AMC, Sinbo, Silit, Hawkins, TTK Prestige, Kuhn Rikon, Zwilling, Fissler, Philips, Panasonic, Instant Pot, Midea, Supor, Jiuyang, Galanz, Double Happiness, Povos.
The pressure cooker market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pressure Cooker Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Pressure Cooker Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pressure Cooker Market - Supply Chain
4.5. Global Pressure Cooker Market Forecast
4.5.1. Pressure Cooker Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pressure Cooker Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pressure Cooker Market Absolute $ Opportunity
5. Global Pressure Cooker Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Pressure Cooker Market Size and Volume Forecast by Type
5.3.1. Ordinary energy pressure cooker
5.3.2. Electric pressure cooker
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pressure Cooker Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Pressure Cooker Market Size and Volume Forecast by Application
6.3.1. Commercial Use
6.3.2. Home Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pressure Cooker Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Pressure Cooker Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Pressure Cooker Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Pressure Cooker Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Pressure Cooker Demand Share Forecast, 2019-2026
9. North America Pressure Cooker Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Pressure Cooker Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Pressure Cooker Market Size and Volume Forecast by Application
9.4.1. Commercial Use
9.4.2. Home Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pressure Cooker Market Size and Volume Forecast by Type
9.7.1. Ordinary energy pressure cooker
9.7.2. Electric pressure cooker
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Pressure Cooker Demand Share Forecast, 2019-2026
10. Latin America Pressure Cooker Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Pressure Cooker Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Pressure Cooker Market Size and Volume Forecast by Application
10.4.1. Commercial Use
10.4.2. Home Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pressure Cooker Market Size and Volume Forecast by Type
10.7.1. Ordinary energy pressure cooker
10.7.2. Electric pressure cooker
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Pressure Cooker Demand Share Forecast, 2019-2026
11. Europe Pressure Cooker Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Pressure Cooker Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Pressure Cooker Market Size and Volume Forecast by Application
11.4.1. Commercial Use
11.4.2. Home Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pressure Cooker Market Size and Volume Forecast by Type
11.7.1. Ordinary energy pressure cooker
11.7.2. Electric pressure cooker
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Pressure Cooker Demand Share, 2019-2026
12. Asia Pacific Pressure Cooker Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Pressure Cooker Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Pressure Cooker Market Size and Volume Forecast by Application
12.4.1. Commercial Use
12.4.2. Home Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pressure Cooker Market Size and Volume Forecast by Type
12.7.1. Ordinary energy pressure cooker
12.7.2. Electric pressure cooker
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Pressure Cooker Demand Share, 2019-2026
13. Middle East & Africa Pressure Cooker Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Pressure Cooker Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Pressure Cooker Market Size and Volume Forecast by Application
13.4.1. Commercial Use
13.4.2. Home Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pressure Cooker Market Size and Volume Forecast by Type
13.7.1. Ordinary energy pressure cooker
13.7.2. Electric pressure cooker
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Pressure Cooker Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pressure Cooker Market: Market Share Analysis
14.2. Pressure Cooker Distributors and Customers
14.3. Pressure Cooker Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SEB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. WMF
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. AMC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sinbo
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Silit
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hawkins
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. TTK Prestige
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kuhn Rikon
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Zwilling
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Fissler
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Philips
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Panasonic
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Instant Pot
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Midea
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Supor
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Jiuyang
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Galanz
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Double Happiness
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Povos
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
