Global Electric Lunch Box Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Lunch boxes with a connected electric cable and heating base are known as electric lunch boxes. This power wire may be put into a switchboard to heat the meal. The increasing middle-class population, increasing school and college going population, rise in problem of consuming cold food and strategic initiatives taken by the market players are some of the factors that has led the adoption of Electric Lunch Box across the forecast period. For Instance: in January 2022, Aldi Australia announced the launch of their new electric lunchboxes, which have two trays and egg racks with a built-in heating element for USD 34.99. Also, with the rising disposable income, and technological advancements the adoption & demand for Electric Lunch Box is likely to increase the market growth during the forecast period. However, availability of substitutes impedes the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Electric Lunch Box Market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the significant region across the world in terms of market share owing to home-cooked meal favored as a lunch option by a huge number of employed professionals and students since it saves money and helps to avoid junk food, which may be harmful to one's health. The low income of unskilled employees in this region boosts product consumption because the bulk of them choose to bring their lunch boxes with them to save money. Whereas, Europe and North America are anticipated to exhibit highest growth rate over the forecast period 2022-2028 owing to the presence of large working population.
Major market player included in this report are:
Tayama
Koolatron
Hot Logic
Ouke Industry Co Ltd,
Zojirushi America Corporation
Thermos
Cello
Milton
Ropowo
LOCK&LOCK.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Single-layer
Double layer
Multilayer
By Technology:
Microwave
Steam
By Product Outlook:
Plastic
Metal
Glass
By Application:
Food
Drinks
Vegetables
Others
By End-User:
Household
Commercial
By Distribution Channel:
Online
Offline
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028d
Target Audience of the Global Electric Lunch Box Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors