Los Angeles, CA -- (SBWIRE) -- 04/10/2019 -- Rice cookers automate the process by mechanically or electronically controlling heat and timing, thus freeing up a space on the hob and the attention normally reserved for rice cooking.Although rice cookers do not necessarily speed up the cooking process, with a rice cooker the cook's involvement in cooking rice is reduced to simply measuring the rice, preparing the rice properly and using the correct amount of water - the rest of the process is automated.

In the last several years, global market of Rice Cooker developed rapidly, with an average growth rate of 7.54% (2013-2018). In 2018, global revenue of Rice Cooker is nearly 5054 M USD; the actual production volume is about 134.4 M Units.

The global average price of Rice Cooker is in the upward trend along with the introduction of intelligent technologyn, from 32.85 USD/Unit in 2013 to 37.6 USD/Unit in 2018. With the situation of global economy and more investment on the manufacturing facility, prices will continue to keep rising trend in the following five years.

In terms of production, China has a monopoly position in the global market, China's production volume market share is close to 81% in 2018.

The global Rice Cooker market was 5050 million US$ in 2018 and is expected to 8240 million US$ by the end of 2025, growing at a CAGR of 7.3% between 2019 and 2025.

This report studies the Rice Cooker market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Rice Cooker in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Midea

Joyoung

SUPOR(SEB)

PHILIPS

ZO JIRUSHI

Cuckoo

TIGER

CUCHEN

Panasonic

Mitsubishi

Guangdong Galanz

Povos

Guangdong Peskoe

Aroma

By the product type, the market is primarily split into

Traditional Rice Cooker

IH Rice Cooker

By the end users/application, this report covers the following segments

Household

Commercial

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