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

By Quarts;

Under 4-Quarts Electric Pressure, 5-Quarts Electric Pressure, 6-Quarts Electric Pressure and 7-Quarts Electric Pressure & Above.

By Material;

Stainless Steel, Aluminum, Ceramic, Glass and Hand-Anodized Aluminum.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn514464799 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Multi-Cooker Market (USD Million), 2021 - 2031

In the year 2024, the Global Multi-Cooker Market was valued at USD 977.68 million. The size of this market is expected to increase to USD 2,107.87 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.6%.

The growth of the Multicooker Market is driven by increasing demand across various applications such as home use, restaurants, and food outlets on a global scale. This comprehensive report offers insights into lucrative opportunities within the Multicooker Market at both country and regional levels. It includes a detailed analysis encompassing cost factors, market segments, trends, regional dynamics, and the commercial strategies of key global players throughout the forecast period from 2023 to 2030.

The Multicooker Market report combines quantitative and qualitative data analysis, considering factors like product pricing, market penetration, GDP influences, and the dynamics of both primary and related markets. It explores end-use industries and consumer behaviors, while also assessing economic, political, and social scenarios that impact market dynamics. Divided into segmented sections, the report provides a comprehensive view of market segments, competitive landscapes, and detailed company profiles, highlighting perspectives such as end-use applications and product/service types.

Key sections focus on market evolution, drivers, restraints, opportunities, and challenges, supported by frameworks like Porter's 5 Forces, macroeconomic analysis, value chain assessment, and pricing trends. This strategic analysis helps stakeholders understand internal market influences and external factors affecting growth, while also identifying emerging trends that shape new business opportunities and investment strategies in the Multicooker Market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Quarts
    2. Market Snapshot, By Material
    3. Market Snapshot, By Region
  4. Global Multi-Cooker Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Convenient Cooking Solutions
        2. Rising Trend of Home Cooking
      2. Restraints
        1. High Initial Cost
        2. Perceived Complexity
      3. Opportunities
        1. Product Innovation and Differentiation
        2. Rising Online Retail Sales
    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 Multi-Cooker Market, By Quarts, 2021 - 2031 (USD Million)
      1. Under 4-Quarts Electric Pressure
      2. 5-Quarts Electric Pressure
      3. 6-Quarts Electric Pressure
      4. 7-Quarts Electric Pressure & Above
    2. Global Multi-Cooker Market, By Material, 2021 - 2031 (USD Million)
      1. Stainless Steel
      2. Aluminum
      3. Ceramic
      4. Glass
      5. Hand-Anodized Aluminum
    3. Global Multi-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. Koninklijke Philips N.V
      2. Electrolux AB
      3. Whirlpool Corporation
      4. Samsung
      5. TTK Group
      6. Glen Dimplex Group
  7. Analyst Views
  8. Future Outlook of the Market