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 report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Electric Lunch Box Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Electric Lunch Box Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. 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, 2023-2033
7.2. Grid Electric Lunch Boxes
7.3. 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, 2023-2033
8.2. Microwave Application
8.3. 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, 2023-2033
9.2. Indoor Monitors
9.3. Plastic
9.4. Metal
9.5. Glass
10. Global Electric Lunch Box Market, By Application (USD Million)
10.1. Global Electric Lunch Box Market Value Share and Forecast, By Application, 2023-2033
10.2. Food
10.3. Drink
10.4. Vegetables
10.5. 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, 2023-2033
11.2. Household
11.3. 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-Pacific
18.3.1. Australia
18.3.2. China
18.3.3. India
18.3.4. Japan
18.3.5. South Korea
18.3.6. Rest of Asia-Pacific
18.4. Europe
18.4.1. France
18.4.2. Germany
18.4.3. Italy
18.4.4. Spain
18.4.5. United Kingdom
18.4.6. Rest of Europe
18.5. Middle East and Africa
18.5.1. Kingdom of Saudi Arabia
18.5.2. United Arab Emirates
18.5.3. Rest of Middle East & Africa
18.6. North America
18.6.1. Canada
18.6.2. Mexico
18.6.3. United States
18.7. Latin America
18.7.1. Argentina
18.7.2. Brazil
18.7.3. Rest of Latin America
19. Company Profile
19.1. Cello
19.1.1. Company details
19.1.2. Financial outlook
19.1.3. Product summary
19.1.4. Recent developments
19.2. Garmin Ltd
19.2.1. Company details
19.2.2. Financial outlook
19.2.3. Product summary
19.2.4. Recent developments
19.3. Giftzee
19.3.1. Company details
19.3.2. Financial outlook
19.3.3. Product summary
19.3.4. Recent developments
19.4. Hamilton Housewares Pvt Ltd
19.4.1. Company details
19.4.2. Financial outlook
19.4.3. Product summary
19.4.4. Recent developments
19.5. Haven Innovation
19.5.1. Company details
19.5.2. Financial outlook
19.5.3. Product summary
19.5.4. Recent developments
19.6. Hotlogic
19.6.1. Company details
19.6.2. Financial outlook
19.6.3. Product summary
19.6.4. Recent developments
19.7. Koolatron
19.7.1. Company details
19.7.2. Financial outlook
19.7.3. Product summary
19.7.4. Recent developments
19.8. Newell Brands
19.8.1. Company details
19.8.2. Financial outlook
19.8.3. Product summary
19.8.4. Recent developments
19.9. SKG Electric Co Ltd
19.9.1. Company details
19.9.2. Financial outlook
19.9.3. Product summary
19.9.4. Recent developments
19.10. Sociosis Productions
19.10.1. Company details
19.10.2. Financial outlook
19.10.3. Product summary
19.10.4. Recent developments
19.11. Tayama Appliance
19.11.1. Company details
19.11.2. Financial outlook
19.11.3. Product summary
19.11.4. Recent developments
19.12. Tthermos LLC
19.12.1. Company details
19.12.2. Financial outlook
19.12.3. Product summary
19.12.4. Recent developments
20. List of Abbreviations
21. Reference Links
22. Conclusion
23. Research Scope