AP NEWS

The Global Multicooker Market 2018-2022 - Projected to Grow at a CAGR of 24.85%: Analysis by Bowl Capacity, Distribution Channel, and Competitive & Regional Landscape - ResearchAndMarkets.com

August 8, 2018

DUBLIN--(BUSINESS WIRE)--Aug 8, 2018--The “Global Multicooker Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.

The Global Multicooker Market to grow at a CAGR of 24.85% during the period 2018-2022.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend affecting this market is integration of smart connectivity in multicookers. Vendors are focusing on development and continuous technological advancements in multicookers. One such trending innovation is the smart connectivity through a wireless connection (such as Wi-Fi and Bluetooth).

According to the report, one driver influencing this market is the product innovation and portfolio extension leading to premiumization. Multifunctional electric cookers (also known as multicookers) with innovative features and functionality are highly priced than regular cookers. Such high-quality multicookers with integrated modern technologies witness high demand from customers and portfolio extension by vendors results in product premiumization.

Further, the report states that one challenge affecting this market is the high existing penetration of traditional cookers in developing countries. Multicookers are largely used in developed countries. However, the penetration in residential areas of some of the developing markets, such as APAC, Eastern Europe, and Latin America continues to be comparative lower than in developed markets.

Key Vendors

GlenDimplex Group Groupe SEB Instant Brands Newell Brands Spectrum Brands Whirlpool Corporation

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Bowl Capacity

8. Customer Landscape

9. Market Segmentation by Distribution Channel

10. Regional Landscape

11. Decision Framework

12. Drivers and Challenges

13. Market Trends

14. Vendor Landscape

15. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/tdjx6j/the_global?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180808005351/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Household Appliances

KEYWORD:

INDUSTRY KEYWORD: HOME GOODS RETAIL FOOD/BEVERAGE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/08/2018 07:45 AM/DISC: 08/08/2018 07:45 AM

http://www.businesswire.com/news/home/20180808005351/en

AP RADIO
Update hourly