Electric Lunch Box Market Growth, Size, Share, Trends, Price, Manufacturers and Future Outlook
Electric Lunch Box Market Size- By Type, By Technology, By Material Use, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Apr-2023 | Report ID: FMCG2341 | Pages: 1 - 214 | Formats*: |
| Category : Consumer & Retail | |||
Global Electric Lunch Box Market Overview
According to SPER Market Research, the Global Electric Lunch Box Market is estimated to reach USD 1.22 billion by 2033 with a CAGR of 6.86%.
An electric lunch box is a portable appliance that can be used to heat and warm food. It is a novel method of keeping meals warm and fresh. The electric lunch box is made up of a heating base and one or more food-storage containers. The base may be powered up, and the containers can be stacked on top of it. When turned on, the heating element in the base generates heat that is passed to the containers, warming up the food inside. It removes the need for carrying separate containers of hot and cold meals and ensures that the food remains fresh and warm throughout the day.
Exploring the Growth Drivers of the Global Electric Lunch Box Industry.
There are several factors which are likely to drive market expansion over the forecast period. For starters, the rising demand for plastic electric lunch boxes among millennials in developing countries such as Brazil, China, and India, as well as rising disposable income will result in driving the global electric lunch box market. Similarly, plastic electric lunch boxes are less expensive and lighter in weight than other types of electric lunch boxes, which is expected to drive the market's growth pace. Additionally, people nowadays are mostly looking for electric lunch boxes which use less electricity and can be connected to a car's Universal Serial Bus (USB) charging connector. Low electricity consumption lowers power consumption.
What challenges does the Global Electric Lunch Box Market face?
The appearance of various low-cost alternatives, such as insulated, microwave-safe lunch boxes and ordinary steel, glassware, or plastic tiffin, may stymie the expansion of the electric lunch box market. Furthermore, developing intense Competition among market participants, as well as a lack of awareness about product availability, will provide further challenges to market expansion throughout the projection period.
In what ways has the COVID-19 pandemic affected Global Electric Lunch Box Market?
COVID-19 has lowered demand for electric lunch boxes because governments implemented lockdowns and colleges, offices, schools, and other workplaces remained closed. People were obliged to stay at home during the outbreak. Because electric lunch boxes were heavily used by the working population, the market suffered as a result. People were working from home as a result of the lockdown, which cut demand for electric lunch boxes. In the upcoming years, it will be expected that demand for electric lunch boxes will return to normal due to consumer health concerns and a strong emphasis on safety and hygiene.
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Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By Technology, By Material Use, By Application, By End User |
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America |
| Companies Covered | Cello, Garmin Ltd, Hamilton Housewares Pvt. Ltd, Haven Innovation, Hotlogic, Koolatron, Newell Brands, SkG Electric Co Ltd, Sociosis Productions, Tayama Appliance, Thermos. |
Key Target Audience:
- Office Workers
- Student
- Busy Professionals
- Health-Conscious Consumer
Global Electric Lunch Box Market Segmentation:
1. By Type:
- Global Electric Lunch Box Market Value Share and Forecast, By Type, 2023-2033
- Grid Electric Lunch Boxes
- Container Electric Lunch Boxes
2. By Technology:
- Global Electric Lunch Box Market Value Share and Forecast, By Technology, 2023-2033
- Microwave Application
- Steam
3. By Material Use:
- Global Electric Lunch Box Market Value Share and Forecast, By Material Use, 2023-2033
- Indoor Monitors
- Plastic
- Metal
- Glass
4. By Application:
- Global Electric Lunch Box Market Value Share and Forecast, By Application, 2023-2033
- Food
- Drink
- Vegetables
5. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Global Electric Lunch Box Market Size (FY’2023-FY’2033)
- Overview of Global Electric Lunch Box Market
- Segmentation of Global Electric Lunch Box Market By Type (Grid Electric Lunch Boxes, Container Electric Lunch Boxes)
- Segmentation of Global Electric Lunch Box Market By Technology (Microwave Application, Steam)
- Segmentation of Global Electric Lunch Box Market By Material Use (Plastic, Metal, Glass)
- Segmentation of Global Electric Lunch Box Market By Application (Food, Vegetables, Others)
- Segmentation of Global Electric Lunch Box Market By End User ( Household, Commercial)
- Statistical Snap of Global Electric Lunch Box Market
- Growth Analysis of Global Electric Lunch Box Market
- Problems and Challenges in Global Electric Lunch Box Market
- Competitive Landscape in the Global Electric Lunch Box Market
- Impact of COVID-19 and Demonetization on Global Electric Lunch Box Market
- Details on Recent Investment in Global Electric Lunch Box Market
- Competitive Analysis of Global Electric Lunch Box Market
- Key Players in the Global Electric Lunch Box Market
- SWOT Analysis of Global Electric Lunch Box Market
- Global Electric Lunch Box Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global Electric Lunch Box Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Electric Lunch Box Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Electric Lunch Box Market
7. Global Electric Lunch Box Market, By Type(USD Million)
7.1. Global Electric Lunch Box Market Value Share and Forecast, By Type, 2023-20337.2. Grid Electric Lunch Boxes7.3. Container Electric Lunch Boxes
8. Global Electric Lunch Box Market, By Technology (USD Million)
8.1. Global Electric Lunch Box Market Value Share and Forecast, By Technology, 2023-20338.2. Microwave Application8.3. Steam
9. Global Electric Lunch Box Market, By Material Use (USD Million)
9.1. Global Electric Lunch Box Market Value Share and Forecast, By Material Use, 2023-20339.2. Indoor Monitors9.3. Plastic9.4. Metal9.5. Glass
10. Global Electric Lunch Box Market, By Application (USD Million)
10.1. Global Electric Lunch Box Market Value Share and Forecast, By Application, 2023-203310.2. Food10.3. Drink10.4. Vegetables10.5. Others
11. Global Electric Lunch Box Market, By End User (USD Million)
11.1. Global Electric Lunch Box Market Value Share and Forecast, By End User, 2023-203311.2. Household11.3. Commercial
12. Global Electric Lunch Box Market Forecast, 2019-2033 (USD Million)
12.1. Global Electric Lunch Box Market Size and Market Share
13. Global Electric Lunch Box Market, By Type, 2019-2023 (USD Million)
13.1. Global Electric Lunch Box Market Size and Market Share By Type (2019-2026)13.2. Global Electric Lunch Box Market Size and Market Share By Type (2027-2033)
14. Global Electric Lunch Box Market, By Technology, 2019-2023 (USD Million)
14.1. Global Electric Lunch Box Market Size and Market Share By Technology (2019-2026)14.2. Global Electric Lunch Box Market Size and Market Share By Technology (2027-2033)
15. Global Electric Lunch Box Market, By Material Use, 2019-2023 (USD Million)
15.1. Global Electric Lunch Box Market Size and Market Share By Material Use (2019-2026)15.2. Global Electric Lunch Box Market Size and Market Share By Material Use (2027-2033)
16. Global Electric Lunch Box market, By Application, 2019-2023 (USD Million)
16.1. Global Electric Lunch Box Market Size and Market Share By Application (2019-2026)16.2. Global Electric Lunch Box Market Size and Market Share By Application (2027-2033)
17. Global Electric Lunch Box Market, By End User, 2019-2023 (USD Million)
17.1. Global Electric Lunch Box Market Size and Market Share By End User (2019-2026)17.2. Global Electric Lunch Box Market Size and Market Share By End User (2027-2033)
18. Global Electric Lunch Box Market, By Region, 2019-2023 (USD Million)
18.1. Global Electric Lunch Box Market Size and Market Share By Region (2019-2026)18.2. Global Electric Lunch Box Market Size and Market Share By Region (2027-2033)18.3. Asia-Pacific18.3.1. Australia18.3.2. China18.3.3. India18.3.4. Japan18.3.5. South Korea18.3.6. Rest of Asia-Pacific18.4. Europe18.4.1. France18.4.2. Germany18.4.3. Italy18.4.4. Spain18.4.5. United Kingdom18.4.6. Rest of Europe18.5. Middle East and Africa18.5.1. Kingdom of Saudi Arabia18.5.2. United Arab Emirates18.5.3. Rest of Middle East & Africa18.6. North America18.6.1. Canada18.6.2. Mexico18.6.3. United States18.7. Latin America18.7.1. Argentina18.7.2. Brazil18.7.3. Rest of Latin America
19. Company Profile
19.1. Cello19.1.1. Company details19.1.2. Financial outlook19.1.3. Product summary19.1.4. Recent developments19.2. Garmin Ltd19.2.1. Company details19.2.2. Financial outlook19.2.3. Product summary19.2.4. Recent developments19.3. Giftzee19.3.1. Company details19.3.2. Financial outlook19.3.3. Product summary19.3.4. Recent developments19.4. Hamilton Housewares Pvt Ltd19.4.1. Company details19.4.2. Financial outlook19.4.3. Product summary19.4.4. Recent developments19.5. Haven Innovation19.5.1. Company details19.5.2. Financial outlook19.5.3. Product summary19.5.4. Recent developments19.6. Hotlogic19.6.1. Company details19.6.2. Financial outlook19.6.3. Product summary19.6.4. Recent developments19.7. Koolatron19.7.1. Company details19.7.2. Financial outlook19.7.3. Product summary19.7.4. Recent developments19.8. Newell Brands19.8.1. Company details19.8.2. Financial outlook19.8.3. Product summary19.8.4. Recent developments19.9. SKG Electric Co Ltd19.9.1. Company details19.9.2. Financial outlook19.9.3. Product summary19.9.4. Recent developments19.10. Sociosis Productions19.10.1. Company details19.10.2. Financial outlook19.10.3. Product summary19.10.4. Recent developments19.11. Tayama Appliance19.11.1. Company details19.11.2. Financial outlook19.11.3. Product summary19.11.4. Recent developments19.12. Tthermos LLC19.12.1. Company details19.12.2. Financial outlook19.12.3. Product summary19.12.4. Recent developments
20. List of Abbreviations
21. Reference Links
22. Conclusion
23. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Electric Lunch Box Market is projected to reach USD 1.22 billion by 2033, growing at a CAGR of 6.86% during the forecast period.
Electric Lunch Box Market grew in market size from 2023. The Market is expected to reach USD 1.22 billion by 2033, at a CAGR of 6.86% during the forecast period.
Electric Lunch Box Market CAGR of 6.86% during the forecast period.
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Electric Lunch Box Market size is USD 1.22 billion from 2023 to 2033.
Electric Lunch Box Market Segment is Covered By Type, By Technology, By Material Use, By Application, By End User
The North America region is anticipated to have the highest market share in Electric Lunch Box Market.
The key players in the market include Companies Covered Cello, Garmin Ltd, Hamilton Housewares Pvt. Ltd, Haven Innovation, Hotlogic, Koolatron, Newell Brands, SkG Electric Co Ltd, Sociosis Productions, Tayama Appliance, Thermos.
The electric lunch box is made up of a heating base and one or more food-storage containers.
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