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Premium Report Details
Base Year: 2024
Companies covered: 15
Tables & Figures: 180
Countries covered: 18
Pages: 220
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Slow Cooker Market
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Slow Cooker Market Size
The global slow cooker market size was valued at USD 1.9 billion in 2024 and is anticipated to expand at a CAGR of over 5.5% during the period 2025 to 2034. Several factors that are more related to lifestyle changes among consumers and the shift toward convenience and healthy cooking have primarily boosted the market.
All things considered, the coronavirus pandemic shifted the focus of most individuals and families to a more health-oriented diet. As a result, there’s been a noticeable shift toward more home-prepared meals. Slow cookers require only a few minutes of prep for healthy meals, making them ideal for working individuals and families who can’t afford to spend hours in the kitchen. The ability to make heavy homemade foods with just a follow-up hands-on approach is perhaps the biggest driver of demand in families with working parents or with tighter schedules.
An increasing shift in consumer awareness about the significance of well-balanced nutrition is another driver of demand. People are steering away from fast food and takeaway services to instead opt for more wholesome home-cooked meals that they can prepare with ease. In bulk cooking large amounts of fondue, slow cookers enable users to retain maximum nutritional value.
Slow Cooker Market Trends
Slow Cooker Market Analysis
The slow cooker market is divided into segments depending on the type such as manual slow cookers, programmable slow cookers, multifunction cookers, and other types of cookers. The segment in manual slow cookers reported a revenue of about USD 951.5 million by the year 2024 with a projection of growth at a CAGR of 5.5% within the range of 2024 and 2035.
The slow cooker market can also be analyzed based on capacity that includes small (up to 3 quarts), medium (3-7 quarts), and large (above 7 quarts). By 2024, the medium-cooked segment is estimated to cover more than 50% of the total market and will expand to an estimated CAGR of 5.8 over the forecasted timeframe.
The U.S. countries, there is no doubt Washington commands the overall slow cooker market controlling an approximate 82 percent territory across the North America market. One of the foremost demand sources for slow cookers across North America is the rise in the consumer trend of seeking convenience.
Slow Cooker Market Share
According to the data, growth for the market range comes from the APAC region. The region is entering the age of smart connected appliances, which has an increasingly positive outlook on market growth and the key predicted CAGR of over 10 percent starting from 2023 and beyond. In 2020, the following companies held a major market share between 5%-10%: Newell Brands, Hamilton Beach Brands, Instant Brands, Whirlpool Corporation, SharkNinja, Stanley Black and Decker, Groupe SEB, and Breville Group. All the above companies actively work on mergers and acquisitions, facility expansions, and customer-reaching collaborations to sustain their market position.
The loyalty of customers is also earned because testing and refurbishment is done according to a certain well-defined level. Offering warranties and/or return policies are other useful strategies that resellers may utilize in the marketplace. Resellers enhance buyer confidence in the marketplace by increasing the attractiveness of their products through sales support and repair services. Good websites and active social media ensure easy access to a broader audience for resellers. Implementing marketing strategies is an additional activity that can foster a competitive edge for them.
Slow Cooker Market Companies
Major players operating in the slow cooker industry are:
Slow Cooker Industry News
This slow cooker market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) & volume (Million Units) from 2021 to 2035, for the following segments:
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Market, By Type
Market, By Capacity
Market, By Price Range
Market, End-use
Market, Distribution Channel
The above information is provided for the following regions and countries: