Global Electric Rice Cooker Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Standard, Multifunctional, Induction, and Others.

By Volume;

Low, Medium, and Large.

By Application;

Household and Commercial.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn957384339 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Electric Rice Cooker Market (USD Million), 2021 - 2031

In the year 2024, the Global Electric Rice Cooker Market was valued at USD 3,583.98 million. The size of this market is expected to increase to USD 5,424.67 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.1%.

The global electric rice cooker market is experiencing robust growth, driven by increasing consumer demand for convenient and time-saving kitchen appliances. Electric rice cookers offer ease of use, consistent cooking results, and the ability to prepare a variety of dishes beyond just rice, such as soups, stews, and steamed vegetables. The rising number of dual-income households and the growing popularity of home-cooked meals are significant factors propelling the market. Additionally, advancements in technology, such as programmable settings, multi-functionality, and improved safety features, are enhancing the appeal of electric rice cookers to a broader consumer base.

Regional market dynamics reveal that Asia-Pacific dominates the global electric rice cooker market due to the high consumption of rice as a staple food in countries like China, Japan, and India. The widespread cultural significance of rice and the increasing disposable incomes in these countries are driving the adoption of electric rice cookers. North America and Europe are also witnessing growing demand, supported by the rising trend of Asian cuisine and an increasing number of health-conscious consumers who prefer rice-based diets. These regions are experiencing a shift towards more sophisticated and premium models with advanced features like induction heating and fuzzy logic technology, which offer precise control over cooking processes.

Manufacturers in the electric rice cooker market are continuously innovating to meet diverse consumer preferences and regulatory standards. Companies are focusing on energy efficiency, compact designs, and user-friendly interfaces to attract environmentally conscious and space-constrained urban consumers. Moreover, the integration of smart technologies, such as IoT and mobile app connectivity, allows users to control and monitor cooking processes remotely, adding a layer of convenience and appeal. These technological advancements, along with effective marketing strategies and expanded distribution channels, are expected to sustain the growth momentum of the global electric rice cooker market in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Volume
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Electric Rice Cooker Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Convenience and Efficiency
        2. Technological Innovation
        3. Cultural Preferences
      2. Restraints
        1. Competition from Traditional Methods
        2. Price Sensitivity
        3. Regulatory Challenges
      3. Opportunities
        1. Emerging Markets
        2. Health and Wellness Trends
        3. Product Innovation
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Electric Rice Cooker Market, By Product, 2021 - 2031 (USD Million)
      1. Standard
      2. Multifunctional
      3. Induction
      4. Others
    2. Global Electric Rice Cooker Market, By Volume, 2021 - 2031 (USD Million)
      1. Low
      2. Medium
      3. Large
    3. Global Electric Rice Cooker Market, By Application, 2021 - 2031 (USD Million)
      1. Household
      2. Commercial
    4. Global Electric Rice Cooker Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Toshiba Corporation
      2. TTK Prestige Limited
      3. Panasonic Inc.
      4. Zojirushi America Corporation
      5. Tiger Corporation
      6. Sunbeam Product Inc.
      7. Aroma Houseware Company
      8. Pigeon Corporation
      9. Koninklijke Philips N.V.
      10. Conair Corporation
  7. Analyst Views
  8. Future Outlook of the Market