cleaning process and regular maintenance for electric cookers are restraining market progress, in the recent
years. In some cases, additional cleaning is required involving the steaming vent and inner lid.
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The rice cookers market is broadly categorized into two major types based on the product type such as electric
rice cooker and gas rice cooker. The gas rice cooker is considered as one of the fastest growing segment in the
rice cooker market with substantial revenue generation in the last couple of years. Growing popularity of the
gas rice cooker market segment is attributed to easy availability and lower cost. Other factors such as increasing
penetration in the rural areas owing to the presence of vast chain of retail stores and supermarket, thus driving
market demand for gas rice cooker. The electric gas cooker has also witnessed significant growth, in the recent
years owing to the portability, flexibility and minimum operating requirements.
The rice cookers market is further divided into two major types based on end-users applications such as
household and commercial. The rice cookers market is expanding at a remarkable pace owing to recent
technological innovation, rising competition in the market, and R&D activities in the industry.
The rice cooker market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa.
North America has shown major growth in recent years owing to the rise in the implementation of latest
technologies and existence of well-established manufacturing sector in the region. Asia-Pacific region is
predicted to hold major market share in the rice cooker market with massive growth in forecast period.
Countries such as India, China, South Korea, Japan, Indonesia and Singapore are leading the Asia-Pacific market
with increasing consummation of rice, strong economic growth, rising per capita income, growing penetration
in the rural areas, and significant investment by leading industry players considering potential growth
opportunities in the region.
The key players in the rice cooker market are Panasonic Co., Zhejiang Supor Co., Ltd., Midea Group, Matsushita
Electric Industrial Company, Ltd., Koninklijke Philips N.V., Nine Yang Ltd., SKG Electric Co., Ltd., Triangle Co.,
Toshiba Co., Fuqua Companies LLC, Haier Group Co., TCL Co., Sanyo Electric Appliance Co., Ltd., Konka Group
Ltd., and LG Electronics, Inc.
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