Product Code: ETC13271081 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Electric Rice Cooker Market was valued at USD 3.9 Billion in 2024 and is expected to reach USD 6.2 Billion by 2031, growing at a compound annual growth rate of 9.20% during the forecast period (2025-2031).
The Global Electric Rice Cooker Market is expanding rapidly due to the increasing demand for convenient kitchen appliances worldwide. Factors such as urbanization, busy lifestyles, and the growing preference for healthier cooking methods are driving the market growth. Manufacturers are focusing on introducing innovative features like smart technology, multi-functional capabilities, and energy efficiency to cater to consumer needs. Asia-Pacific region dominates the market, with countries like China, Japan, and India being key contributors, owing to their high rice consumption rates. Additionally, the market is witnessing a surge in online sales channels and e-commerce platforms, further boosting its growth prospects. The competition among key players like Panasonic, Toshiba, and Cuckoo is driving product development and market expansion strategies.
The Global Electric Rice Cooker Market is experiencing growth due to the increasing preference for convenient and time-saving kitchen appliances. Consumers are increasingly looking for smart features in rice cookers such as programmable settings, advanced cooking technology, and energy efficiency. The market is also witnessing a surge in demand for multifunctional rice cookers that can prepare a variety of dishes beyond just rice, catering to the evolving cooking preferences of consumers. Additionally, the rising adoption of smart home technology and the growing awareness about healthy cooking practices are creating opportunities for manufacturers to innovate and introduce technologically advanced electric rice cookers. The Asia-Pacific region dominates the market due to the high consumption of rice in countries like China, India, and Japan, presenting a lucrative opportunity for market players to expand their presence in this region.
The Global Electric Rice Cooker Market faces challenges such as intense competition from traditional stovetop cooking methods, price sensitivity among consumers, and the need for continuous innovation to meet changing consumer preferences. Additionally, the market is impacted by fluctuating raw material costs, which can affect pricing strategies and profit margins for manufacturers. Furthermore, the increasing trend towards healthier eating habits and sustainability poses a challenge for electric rice cooker manufacturers to develop products that align with these preferences. Adapting to evolving technological advancements, such as smart features and energy-efficient options, also presents a challenge in staying competitive in the market. Overall, companies in the Global Electric Rice Cooker Market must navigate these challenges to maintain market share and drive growth in the industry.
The Global Electric Rice Cooker Market is primarily driven by factors such as the increasing consumer preference for convenient and time-saving kitchen appliances, the rising popularity of rice-based dishes globally, and the growing trend of smart kitchen appliances. Additionally, the improving standard of living in emerging economies leading to higher disposable incomes, the focus on energy efficiency and sustainability, and the constant innovations in technology by manufacturers are also fueling the market growth. The demand for electric rice cookers is further boosted by factors like busy lifestyles, urbanization, and the ease of use and versatility offered by these appliances. Overall, these drivers are expected to continue shaping the growth trajectory of the Global Electric Rice Cooker Market in the coming years.
Government policies related to the Global Electric Rice Cooker Market primarily focus on energy efficiency standards, product safety requirements, and environmental regulations. Many countries have implemented energy efficiency standards to promote the use of energy-saving rice cookers, leading to increased demand for eco-friendly products. Additionally, governments enforce strict product safety regulations to ensure the quality and reliability of electric rice cookers in the market. Environmental regulations also play a crucial role, pushing manufacturers to develop sustainable and recyclable products to minimize environmental impact. Overall, these government policies drive innovation and compliance within the electric rice cooker market, shaping the industry`s growth and sustainability in the long run.
The Global Electric Rice Cooker Market is expected to witness significant growth in the coming years due to increasing urbanization, rising disposable incomes, and changing consumer preferences for convenient and time-saving cooking appliances. Factors such as busy lifestyles, growing awareness about energy efficiency, and the popularity of rice-based diets in many regions are also driving market expansion. Technological advancements leading to the development of smart and multi-functional rice cookers with features such as programmable settings and connectivity options are further fueling market growth. Additionally, the increasing focus on product innovation, sustainability, and affordability by key players in the industry is anticipated to drive market competitiveness and consumer adoption. Overall, the Global Electric Rice Cooker Market is poised for steady growth and evolution in the foreseeable future.
In the Global Electric Rice Cooker Market, Asia holds the largest market share due to the widespread usage of rice as a staple food in countries like China, India, and Japan. The region is also witnessing a growing trend towards kitchen automation and smart appliances, leading to increased adoption of electric rice cookers. North America and Europe follow closely behind, driven by the rising demand for convenient cooking solutions in busy households. In the Middle East and Africa, the market is experiencing steady growth, supported by a shift towards modern kitchen appliances. Latin America is also showing promising growth prospects, fueled by changing consumer lifestyles and preferences for time-saving cooking devices. Overall, the market is projected to continue expanding globally, with each region contributing to its growth in unique ways.
Global Electric Rice Cooker Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Electric Rice Cooker Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Electric Rice Cooker Market Revenues & Volume, 2021 & 2031F |
3.3 Global Electric Rice Cooker Market - Industry Life Cycle |
3.4 Global Electric Rice Cooker Market - Porter's Five Forces |
3.5 Global Electric Rice Cooker Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Electric Rice Cooker Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Global Electric Rice Cooker Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global Electric Rice Cooker Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Global Electric Rice Cooker Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Electric Rice Cooker Market Trends |
6 Global Electric Rice Cooker Market, 2021 - 2031 |
6.1 Global Electric Rice Cooker Market, Revenues & Volume, By Product, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Electric Rice Cooker Market, Revenues & Volume, By Standard, 2021 - 2031 |
6.1.3 Global Electric Rice Cooker Market, Revenues & Volume, By Multifunctional, 2021 - 2031 |
6.1.4 Global Electric Rice Cooker Market, Revenues & Volume, By Induction, 2021 - 2031 |
6.2 Global Electric Rice Cooker Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Electric Rice Cooker Market, Revenues & Volume, By Household, 2021 - 2031 |
6.2.3 Global Electric Rice Cooker Market, Revenues & Volume, By Commercial, 2021 - 2031 |
6.3 Global Electric Rice Cooker Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Electric Rice Cooker Market, Revenues & Volume, By Offline, 2021 - 2031 |
6.3.3 Global Electric Rice Cooker Market, Revenues & Volume, By Online, 2021 - 2031 |
7 North America Electric Rice Cooker Market, Overview & Analysis |
7.1 North America Electric Rice Cooker Market Revenues & Volume, 2021 - 2031 |
7.2 North America Electric Rice Cooker Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Electric Rice Cooker Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Electric Rice Cooker Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Electric Rice Cooker Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Electric Rice Cooker Market, Revenues & Volume, By Product, 2021 - 2031 |
7.4 North America Electric Rice Cooker Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America Electric Rice Cooker Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
8 Latin America (LATAM) Electric Rice Cooker Market, Overview & Analysis |
8.1 Latin America (LATAM) Electric Rice Cooker Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Electric Rice Cooker Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Electric Rice Cooker Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Electric Rice Cooker Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Electric Rice Cooker Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Electric Rice Cooker Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Electric Rice Cooker Market, Revenues & Volume, By Product, 2021 - 2031 |
8.4 Latin America (LATAM) Electric Rice Cooker Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) Electric Rice Cooker Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
9 Asia Electric Rice Cooker Market, Overview & Analysis |
9.1 Asia Electric Rice Cooker Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Electric Rice Cooker Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Electric Rice Cooker Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Electric Rice Cooker Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Electric Rice Cooker Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Electric Rice Cooker Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Electric Rice Cooker Market, Revenues & Volume, By Product, 2021 - 2031 |
9.4 Asia Electric Rice Cooker Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia Electric Rice Cooker Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
10 Africa Electric Rice Cooker Market, Overview & Analysis |
10.1 Africa Electric Rice Cooker Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Electric Rice Cooker Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Electric Rice Cooker Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Electric Rice Cooker Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Electric Rice Cooker Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Electric Rice Cooker Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Electric Rice Cooker Market, Revenues & Volume, By Product, 2021 - 2031 |
10.4 Africa Electric Rice Cooker Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa Electric Rice Cooker Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
11 Europe Electric Rice Cooker Market, Overview & Analysis |
11.1 Europe Electric Rice Cooker Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Electric Rice Cooker Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Electric Rice Cooker Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Electric Rice Cooker Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Electric Rice Cooker Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Electric Rice Cooker Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Electric Rice Cooker Market, Revenues & Volume, By Product, 2021 - 2031 |
11.4 Europe Electric Rice Cooker Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe Electric Rice Cooker Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
12 Middle East Electric Rice Cooker Market, Overview & Analysis |
12.1 Middle East Electric Rice Cooker Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Electric Rice Cooker Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Electric Rice Cooker Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Electric Rice Cooker Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Electric Rice Cooker Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Electric Rice Cooker Market, Revenues & Volume, By Product, 2021 - 2031 |
12.4 Middle East Electric Rice Cooker Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East Electric Rice Cooker Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
13 Global Electric Rice Cooker Market Key Performance Indicators |
14 Global Electric Rice Cooker Market - Export/Import By Countries Assessment |
15 Global Electric Rice Cooker Market - Opportunity Assessment |
15.1 Global Electric Rice Cooker Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Electric Rice Cooker Market Opportunity Assessment, By Product, 2021 & 2031F |
15.3 Global Electric Rice Cooker Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global Electric Rice Cooker Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
16 Global Electric Rice Cooker Market - Competitive Landscape |
16.1 Global Electric Rice Cooker Market Revenue Share, By Companies, 2024 |
16.2 Global Electric Rice Cooker Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |