Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Slow Cookers Market by Type (Automatic, Manual), By Application (Household, Commercial) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Slow Cookers Market by Type (Automatic, Manual), By Application (Household, Commercial) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 212688 3300 Consumer Goods 377 250 Pages 4.5 (43)
                                          

Market Overview:


The global slow cookers market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to factors such as, rising demand for convenience foods, increase in disposable income and busy lifestyle of people. Slow cookers are gaining popularity among consumers due to their ability to prepare healthy and nutritious food with minimal effort. Moreover, the introduction of new features and technological advancements in slow cookers is also contributing towards the growth of this market. On the basis of type, automatic slow cookers accounted for a major share in 2017 and is expected to maintain its dominance during the forecast period owing to its ease-of-use and convenience offered to users. However, manual slow cookers are also witnessing high demand from consumers due their low price point as compared to automatic ones. On the basis of application, household segment dominated the global slow cooker market in 2017 and is anticipated register highest CAGR over 2018-2030 owing growing trend among people towards preparing homemade food instead eating outside or ordering food online/from restaurants .


Global Slow Cookers Industry Outlook


Product Definition:


Slow cookers are electrical appliances that are used to cook food slowly over a long period of time. They are typically made out of ceramic or porcelain and have a pot-like shape. Slow cookers can be used to prepare a variety of dishes, including stews, soups, and meats. The importance of slow cookers is that they allow for the even cooking of food over an extended period of time, which results in tender and flavorful dishes.


Automatic:


The automatic slow cooker is a kitchen appliance that aids in cooking food at low temperatures. It does not require human involvement for the process of cooking. The device has gained popularity among consumers due to its ease of use and time-saving features.


The automatic slow cooker works on an automated program, which switches on the power after a set period of time passes without any user interaction, and then switches off again until the next time it is used.


Manual:


The manual is a device that allows the selection of different cooking temperatures. It also has a setting for time and a switch for adding/removing food from the slow cooker. The most common types of slow cookers are programmable, with settings for low, high and off; however there are other types such as steam and pressure which may be specific to certain recipes or ingredients.


Application Insights:


The commercial application segment dominated the global slow cookers market, accounting for more than half of the revenue share in 2017. This is attributed to a rise in demand from hotels, restaurants and other food service industries. The household application segment is expected to witness significant growth over the forecast period owing to an increase in disposable income among consumers, especially across emerging economies such as India and China. Moreover, rising awareness about health benefits associated with slow cooking has also encouraged people to purchase these appliances for kitchen use.


Rising importance of home-cooked meals among working class professionals coupled with increasing disposable income levels are expected fuel product demand from this segment over the forecast period.


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 manufacturers, most notably China and India. It also has a large consumer base with growing middle-class families that can afford to purchase these products. Additionally, countries such as Japan are gradually becoming aware of using slow cookers in their daily lives; thus increasing product adoption across the region.


Europe is anticipated to be one of the fastest-growing regional markets from 2018 to 2030 owing to increasing awareness about convenience food preparation methods among consumers along with rising demand for gourmet cuisines at home rather than restaurants.


Growth Factors:


  • Increasing demand for convenience foods: The growth of the slow cooker market is partially attributed to the increasing demand for convenience foods. Slow cookers allow users to prepare meals with little preparation time and without having to watch over them constantly. This makes them a convenient option for busy individuals or those who do not have much cooking experience.
  • Growing popularity of healthy eating: Another factor that has helped drive the growth of the slow cooker market is the growing popularity of healthy eating. Slow cookers allow users to cook food using low heat, which helps retain more nutrients and flavors than traditional methods such as frying or baking. This makes them a popular choice among health-conscious consumers.
  • Rise in disposable income: A third factor that has helped contribute to the growth of the slow cooker market is rising disposable incomes around the world, especially in developing countries such as China and India . As consumers become increasingly affluent, they are looking for ways to spend their money on products that can improve their quality of life, including kitchen appliances like slow cookers that make cooking easier and more convenient .

Scope Of The Report

Report Attributes

Report Details

Report Title

Slow Cookers Market Research Report

By Type

Automatic, Manual

By Application

Household, Commercial

By Companies

Breville Group Limited, Conair, Electrolux, Newell Brands, Spectrum Brands, Whirlpool, Hamilton Beach Brands, Focus Products Group International, Fagor America, Morph

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

250

Number of Tables & Figures

175

Customization Available

Yes, the report can be customized as per your need.


Global Slow Cookers Market Report Segments:

The global Slow Cookers market is segmented on the basis of:

Types

Automatic, Manual

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

Household, 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:

  1. Breville Group Limited
  2. Conair
  3. Electrolux
  4. Newell Brands
  5. Spectrum Brands
  6. Whirlpool
  7. Hamilton Beach Brands
  8. Focus Products Group International
  9. Fagor America
  10. Morph

Global Slow Cookers Market Overview


Highlights of The Slow Cookers Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Automatic
    2. Manual
  1. By Application:

    1. Household
    2. Commercial
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Slow Cookers 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

Global Slow Cookers Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Slow cookers are a type of electric oven that cooks food using low, steady heat. This means that the cooking time is usually shorter than in a regular oven and the food is often more tender.

Some of the key players operating in the slow cookers market are Breville Group Limited, Conair, Electrolux, Newell Brands, Spectrum Brands, Whirlpool, Hamilton Beach Brands, Focus Products Group International, Fagor America, Morph.

The slow cookers 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. Slow Cookers 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. Slow Cookers Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Slow Cookers Market - Supply Chain
   4.5. Global Slow Cookers Market Forecast
      4.5.1. Slow Cookers Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Slow Cookers Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Slow Cookers Market Absolute $ Opportunity

5. Global Slow Cookers 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. Slow Cookers Market Size and Volume Forecast by Type
      5.3.1. Automatic
      5.3.2. Manual
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Slow Cookers 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. Slow Cookers Market Size and Volume Forecast by Application
      6.3.1. Household
      6.3.2. Commercial
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Slow Cookers 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. Slow Cookers 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 Slow Cookers 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. Slow Cookers 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 Slow Cookers Demand Share Forecast, 2019-2026

9. North America Slow Cookers 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 Slow Cookers 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 Slow Cookers Market Size and Volume Forecast by Application
      9.4.1. Household
      9.4.2. Commercial
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Slow Cookers Market Size and Volume Forecast by Type
      9.7.1. Automatic
      9.7.2. Manual
   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 Slow Cookers Demand Share Forecast, 2019-2026

10. Latin America Slow Cookers 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 Slow Cookers 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 Slow Cookers Market Size and Volume Forecast by Application
      10.4.1. Household
      10.4.2. Commercial
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Slow Cookers Market Size and Volume Forecast by Type
      10.7.1. Automatic
      10.7.2. Manual
   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 Slow Cookers Demand Share Forecast, 2019-2026

11. Europe Slow Cookers 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 Slow Cookers 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 Slow Cookers Market Size and Volume Forecast by Application
      11.4.1. Household
      11.4.2. Commercial
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Slow Cookers Market Size and Volume Forecast by Type
      11.7.1. Automatic
      11.7.2. Manual
   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 Slow Cookers Demand Share, 2019-2026

12. Asia Pacific Slow Cookers 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 Slow Cookers 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 Slow Cookers Market Size and Volume Forecast by Application
      12.4.1. Household
      12.4.2. Commercial
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Slow Cookers Market Size and Volume Forecast by Type
      12.7.1. Automatic
      12.7.2. Manual
   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 Slow Cookers Demand Share, 2019-2026

13. Middle East & Africa Slow Cookers 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 Slow Cookers 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 Slow Cookers Market Size and Volume Forecast by Application
      13.4.1. Household
      13.4.2. Commercial
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Slow Cookers Market Size and Volume Forecast by Type
      13.7.1. Automatic
      13.7.2. Manual
   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 Slow Cookers Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Slow Cookers Market: Market Share Analysis
   14.2. Slow Cookers Distributors and Customers
   14.3. Slow Cookers Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Breville Group Limited
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Conair
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Electrolux
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Newell Brands
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Spectrum Brands
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Whirlpool
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Hamilton Beach Brands
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Focus Products Group International
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Fagor America
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Morph
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         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

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