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    Electric Rice Cooker Market Trends

    ID: MRFR/CR/10993-HCR
    128 Pages
    Pradeep Nandi
    October 2025

    Electric Rice Cooker Market Research Report Information By Volume (Low, Medium, and Large), By Type (Standard/Basic Cooker and Multifunctional Cooker) By Distribution Channel (Offline and Online) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2035

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    Market Trends

    Key Emerging Trends in the Electric Rice Cooker Market

    The electric rice cooker market has undergone significant transformations, reflecting changes in consumer lifestyles and technological advancements. As of 2023, several key trends are shaping the landscape of this kitchen appliance sector. One notable trend is the increasing demand for multifunctional rice cookers. Consumers seek appliances that not only excel at cooking perfect rice but also offer additional features, such as steaming, slow cooking, and sautéing. This trend aligns with the growing preference for versatile kitchen gadgets that can streamline cooking processes and save time. Smart technology has also made its way into the electric rice cooker market. With the rise of smart homes, consumers are looking for rice cookers equipped with connectivity features, allowing them to control and monitor the cooking process through mobile apps. Smart rice cookers often come with preset cooking programs, temperature control, and notifications, providing users with a convenient and user-friendly cooking experience. Health-conscious consumers are driving the demand for rice cookers with advanced cooking technologies. Some rice cookers utilize fuzzy logic technology, which adjusts cooking parameters based on the type of rice and its moisture content. This results in perfectly cooked rice with optimal texture and flavor. Additionally, there is a growing interest in rice cookers with non-stick and ceramic inner pots, as these materials are perceived as healthier alternatives compared to traditional non-stick coatings. The sustainability movement has influenced the electric rice cooker market, with an increasing focus on energy efficiency and eco-friendly features. Energy-efficient rice cookers with quick cooking times and automatic shut-off functions appeal to environmentally conscious consumers looking to reduce their carbon footprint. Manufacturers are also incorporating eco-friendly materials in the construction of rice cookers, catering to a market that values sustainability in kitchen appliances. In terms of design, aesthetics is becoming an important consideration for consumers. Modern kitchen appliances are expected to complement the overall kitchen decor. As a result, rice cookers with sleek and stylish designs, available in a variety of colors, are gaining popularity. The aesthetic appeal of rice cookers is no longer secondary to functionality; consumers seek appliances that enhance the visual appeal of their kitchens. The globalized nature of markets has led to a cross-cultural exchange of culinary preferences, influencing the design and features of electric rice cookers. Rice cookers tailored to different international cuisines, such as Japanese, Korean, or Indian, have become sought after. Manufacturers are recognizing the diverse preferences of consumers and offering rice cookers with specialized settings for various rice varieties and cooking styles. E-commerce has played a pivotal role in the distribution and accessibility of electric rice cookers. Online platforms provide consumers with a wide range of options, allowing them to compare features, read reviews, and make informed purchasing decisions. The convenience of doorstep delivery and the availability of exclusive online deals contribute to the growing influence of e-commerce in the electric rice cooker market. The COVID-19 pandemic has affected consumer behavior and influenced the electric rice cooker market. With lockdowns and restrictions leading to more people cooking at home, there has been an uptick in the demand for kitchen appliances, including rice cookers. Homebound consumers are seeking appliances that simplify the cooking process and provide consistent results, contributing to the surge in sales of electric rice cookers. Looking ahead, innovation is expected to be a driving force in the electric rice cooker market. Advancements in materials, cooking technologies, and smart features will likely shape the future of this kitchen appliance. As consumer expectations continue to evolve, manufacturers will strive to meet the demand for efficient, versatile, and aesthetically pleasing electric rice cookers that cater to the diverse needs of households around the world.

    Market Summary

    As per MRFR analysis, the Electric Rice Cooker Market Size was estimated at 3.721 USD Billion in 2024. The Electric Rice Cooker industry is projected to grow from 3.955 USD Billion in 2025 to 7.287 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 6.3 during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Electric Rice Cooker Market is experiencing a dynamic shift towards smart technology and health-conscious solutions.

    • North America remains the largest market for electric rice cookers, driven by consumer demand for convenience and innovation.
    • The Asia-Pacific region is the fastest-growing market, reflecting a rising interest in multifunctional cooking appliances.
    • The standard/basic cooker segment continues to dominate sales, while the multifunctional cooker segment is rapidly gaining traction among tech-savvy consumers.
    • Key market drivers include rising urbanization and health and wellness trends, which are shaping consumer preferences towards energy-efficient and convenient cooking solutions.

    Market Size & Forecast

    2024 Market Size 3.721 (USD Billion)
    2035 Market Size 7.287 (USD Billion)
    CAGR (2025 - 2035) 6.3%
    Largest Regional Market Share in 2024 North America

    Major Players

    <p>Panasonic (JP), Zojirushi (JP), Tiger Corporation (JP), Cuckoo Electronics (KR), Midea Group (CN), Toshiba (JP), Hamilton Beach (US), Breville (AU), Instant Brands (US)</p>

    Market Trends

    The Electric Rice Cooker Market is currently experiencing a notable transformation, driven by evolving consumer preferences and technological advancements. As households increasingly seek convenience and efficiency in meal preparation, electric rice cookers have emerged as essential kitchen appliances. The integration of smart technology into these devices appears to enhance user experience, allowing for precise cooking and energy efficiency. Furthermore, the growing trend towards healthy eating habits has led to a rise in demand for rice cookers that offer features such as steaming and multi-cooking capabilities, catering to diverse dietary needs. In addition, the Electric Rice Cooker Market seems to be influenced by the rising popularity of Asian cuisines globally. This culinary trend encourages consumers to explore rice-based dishes, thereby increasing the utility of rice cookers. Manufacturers are likely to respond to this demand by innovating and diversifying their product offerings. Sustainability also plays a crucial role, as eco-conscious consumers favor energy-efficient models. Overall, the Electric Rice Cooker Market is poised for growth, with a focus on technology, health, and sustainability shaping its future.

    Smart Technology Integration

    The incorporation of smart technology into electric rice cookers is becoming increasingly prevalent. These advanced models often feature connectivity options, allowing users to control cooking processes remotely via smartphone applications. This trend not only enhances convenience but also enables precise cooking settings, catering to individual preferences.

    Health-Conscious Cooking

    As consumers become more health-conscious, there is a growing demand for electric rice cookers that offer versatile cooking methods. Models that include steaming and multi-cooking functions are gaining traction, as they allow for healthier meal preparation while accommodating various dietary requirements.

    Sustainability and Energy Efficiency

    The Electric Rice Cooker Market is witnessing a shift towards sustainability, with consumers favoring energy-efficient appliances. Manufacturers are increasingly focusing on creating eco-friendly models that reduce energy consumption, appealing to environmentally aware buyers who prioritize sustainable living.

    <p>The global electric rice cooker market appears to be experiencing a notable shift towards multifunctional appliances, reflecting a growing consumer preference for convenience and efficiency in meal preparation.</p>

    U.S. Department of Commerce

    Electric Rice Cooker Market Market Drivers

    Rising Urbanization

    The Electric Rice Cooker Market appears to be significantly influenced by the trend of rising urbanization. As more individuals migrate to urban areas, the demand for convenient cooking solutions increases. Urban dwellers often lead busy lifestyles, which necessitates efficient cooking appliances. The Electric Rice Cooker, with its ability to prepare rice and other dishes quickly, aligns well with the needs of this demographic. According to recent data, urban populations are projected to grow, potentially reaching 68 percent by 2050. This demographic shift suggests a sustained demand for electric rice cookers, as they offer a practical solution for quick meal preparation in smaller living spaces. Consequently, manufacturers in the Electric Rice Cooker Market may focus on developing compact and multifunctional models to cater to urban consumers.

    Health and Wellness Trends

    The Electric Rice Cooker Market is also experiencing growth due to the increasing focus on health and wellness among consumers. As individuals become more health-conscious, there is a rising demand for appliances that facilitate healthier cooking methods. Electric rice cookers often come with features that allow for steaming and cooking whole grains, which aligns with the growing preference for nutritious meals. Industry expert's suggests that the health and wellness food sector is expanding, with consumers willing to invest in appliances that support their dietary goals. This trend indicates that electric rice cookers, which can prepare a variety of healthy dishes, are likely to gain popularity. Manufacturers in the Electric Rice Cooker Market may capitalize on this trend by promoting the health benefits of their products, thereby attracting a broader consumer base.

    Sustainability Initiatives

    Sustainability initiatives are becoming increasingly relevant in the Electric Rice Cooker Market. As consumers become more environmentally conscious, there is a growing demand for energy-efficient appliances. Electric rice cookers that consume less energy and are made from sustainable materials are likely to appeal to eco-friendly consumers. Market data suggests that energy-efficient appliances can reduce household energy consumption by up to 30 percent, making them an attractive option for cost-conscious consumers. This trend indicates that manufacturers must prioritize sustainability in their product development strategies. The Electric Rice Cooker Market may witness a shift towards eco-friendly designs and features, as companies strive to meet the expectations of environmentally aware consumers.

    Technological Advancements

    Technological advancements play a pivotal role in shaping the Electric Rice Cooker Market. The integration of smart technology, such as app connectivity and voice control, enhances user experience and convenience. Consumers are increasingly drawn to electric rice cookers that offer programmable settings, allowing for precise cooking times and temperatures. Market data indicates that the smart kitchen appliance segment is expected to witness substantial growth, with projections suggesting a compound annual growth rate of over 20 percent in the coming years. This trend indicates that manufacturers must innovate continuously to remain competitive. The Electric Rice Cooker Market is likely to see a surge in demand for models equipped with advanced features, appealing to tech-savvy consumers who prioritize efficiency and ease of use.

    Convenience and Time-Saving

    The Electric Rice Cooker Market is significantly driven by the increasing demand for convenience and time-saving cooking solutions. In today's fast-paced world, consumers are seeking appliances that simplify meal preparation. Electric rice cookers offer a hassle-free way to cook rice and other grains, often requiring minimal supervision. Market analysis indicates that the convenience food sector is expanding, with consumers prioritizing products that save time in the kitchen. This trend suggests that electric rice cookers, which can prepare meals with minimal effort, are likely to see sustained demand. Manufacturers in the Electric Rice Cooker Market may focus on enhancing the user experience by incorporating features that further streamline the cooking process, thereby appealing to busy households.

    Market Segment Insights

    By Volume: Large (Largest) vs. Medium (Fastest-Growing)

    <p>In the Electric Rice Cooker Market, the volume segmentation showcases three main categories: Low, Medium, and Large. The Large volume segment holds the largest market share, attracting consumers seeking convenience and capacity for family meals and gatherings. Meanwhile, the Medium volume segment, which is rapidly gaining traction, appeals to smaller households and individuals who prefer a balance of size and versatility. As lifestyles evolve, the demand for rice cookers that accommodate varying portion needs becomes apparent, driving interest across these segments.</p>

    <p>Volume: Large (Dominant) vs. Medium (Emerging)</p>

    <p>The Large volume electric rice cookers are designed to cater to larger cooking needs, making them essential for families and gatherings. These cookers usually have features that allow for efficient cooking of significant quantities of rice and other grains, along with additional functionalities like programmable settings and multi-cooking options. In contrast, the Medium volume rice cookers are emerging as favorites among urban dwellers and small families. These models balance functionality and compactness, making them suitable for smaller kitchens while still offering adequate capacity for various cooking styles. As a result, the Medium segment is experiencing robust growth, driven by changing consumer preferences toward more space-efficient appliances.</p>

    By Type: Standard/Basic Cooker (Largest) vs. Multifunctional Cooker (Fastest-Growing)

    <p>In the Electric Rice Cooker Market, the Standard/Basic Cookers hold the largest share, dominating the market due to their simplicity and affordability. They cater to a large segment of consumers who seek reliable cooking solutions without the complexity of multifunctional features. This segment’s enduring appeal lies in its efficiency and ease of use, making it a preferred choice for households prioritizing straightforward cooking methods. On the other hand, Multifunctional Cookers are rapidly gaining traction, emerging as the fastest-growing segment in the market. Their ability to perform various cooking functions, such as steaming, sautéing, and slow cooking, resonates well with modern consumers seeking versatility and convenience. This growth is driven by the increasing demand for multifunctional kitchen appliances that cater to diverse cooking needs, enhancing meal preparation efficiency.</p>

    <p>Electric Rice Cookers: Standard/Basic Cooker (Dominant) vs. Multifunctional Cooker (Emerging)</p>

    <p>Standard/Basic Cookers have long been the backbone of the Electric Rice Cooker market, renowned for their straightforward design and user-friendly operation. They generally feature simple controls and efficient cooking capability, catering to consumers looking for a reliable cooking appliance. These cookers are ideal for traditional rice cooking, making them suitable for families that prioritize basic functionality. In contrast, Multifunctional Cookers are emerging as a popular choice among tech-savvy consumers. Their adaptability to various cooking methods, including steaming, frying, and slow cooking, positions them as a modern solution for diverse culinary needs. The rise of smart technology in these cookers, such as programmable settings and Wi-Fi connectivity, is further appealing to the millennial demographic, supporting their swift market growth.</p>

    By Distribution Channel: Offline (Largest) vs. Online (Fastest-Growing)

    <p>In the Electric Rice Cooker Market, offline distribution channels currently hold the largest market share, accounting for a significant portion of total sales. These channels include traditional retail outlets such as supermarkets, appliance stores, and specialty kitchenware shops. Consumers often prefer to purchase electric rice cookers in physical stores due to the ability to see the product firsthand, consult with sales staff, and take advantage of in-store promotions.</p>

    <p>Distribution Channels: Offline (Dominant) vs. Online (Emerging)</p>

    <p>The offline segment remains a dominant force in the Electric Rice Cooker Market, benefiting from established relationships between retailers and consumers. Shoppers appreciate the tactile experience and immediate product access. Conversely, the online channel is emerging rapidly, driven by increasing internet access, convenience, and a growing preference for e-commerce platforms. Online channels are witnessing robust growth due to targeted marketing strategies, customer reviews, and promotional discounts. As more consumers embrace online shopping, the electric rice cooker market is expected to see a shift in the balance between these two distribution channels, with online sales anticipated to experience the highest growth rates.</p>

    Get more detailed insights about Electric Rice Cooker Market Research Report – Forecast till 2034

    Regional Insights

    North America : Growing Demand for Convenience

    The North American electric rice cooker market is witnessing significant growth, driven by increasing consumer demand for convenience and time-saving kitchen appliances. The region holds approximately 25% of the global market share, making it the second largest market after Asia-Pacific. Factors such as the rise in multicultural households and the growing popularity of Asian cuisine are propelling this demand. Regulatory support for energy-efficient appliances is also a catalyst for market growth. Leading countries in this region include the United States and Canada, where brands like Hamilton Beach and Instant Brands are prominent. The competitive landscape is characterized by a mix of established players and emerging brands, focusing on innovation and product differentiation. The presence of key players such as Panasonic and Toshiba further enhances market dynamics, as they introduce advanced features and smart technology into their products.

    Europe : Emerging Market for Rice Cookers

    The European electric rice cooker market is emerging as a significant player, driven by changing culinary trends and an increasing interest in Asian cuisine. The region accounts for about 15% of the global market share, with countries like Germany and the UK leading the charge. Regulatory initiatives promoting energy efficiency and sustainability are also influencing consumer choices, encouraging the adoption of electric rice cookers as eco-friendly kitchen appliances. Germany and the UK are at the forefront of this market, with a growing number of consumers seeking versatile cooking solutions. The competitive landscape features both local and international brands, including Zojirushi and Breville, which are gaining traction. The presence of innovative products and marketing strategies tailored to local tastes is enhancing the appeal of electric rice cookers in this region.

    Asia-Pacific : Dominant Market Leader

    The Asia-Pacific region is the largest market for electric rice cookers, holding approximately 55% of the global market share. This dominance is driven by cultural preferences for rice as a staple food, coupled with rapid urbanization and increasing disposable incomes. Countries like Japan, China, and South Korea are key players, with a strong inclination towards advanced cooking technologies and smart appliances. Regulatory frameworks supporting innovation in kitchen appliances further bolster market growth. Japan and China are leading the charge, with brands like Panasonic, Zojirushi, and Cuckoo Electronics dominating the market. The competitive landscape is robust, characterized by a high level of innovation and a wide range of product offerings. The presence of established brands and a growing number of startups focusing on smart technology are shaping the future of the electric rice cooker market in this region.

    Middle East and Africa : Emerging Consumer Base

    The Middle East and Africa region is witnessing a gradual increase in the adoption of electric rice cookers, driven by changing consumer lifestyles and a growing interest in diverse cuisines. This region holds about 5% of the global market share, with potential for significant growth as urbanization and disposable incomes rise. Regulatory support for energy-efficient appliances is also encouraging consumers to invest in modern kitchen technologies. Countries like South Africa and the UAE are leading the market, with a growing number of consumers seeking convenient cooking solutions. The competitive landscape is still developing, with both local and international brands vying for market share. Key players such as Midea Group and Tiger Corporation are expanding their presence, focusing on affordability and functionality to cater to the emerging consumer base.

    Key Players and Competitive Insights

    The Electric Rice Cooker Market is currently characterized by a dynamic competitive landscape, driven by innovation, consumer preferences for convenience, and the increasing demand for multifunctional kitchen appliances. Major players such as Panasonic (Japan), Zojirushi (Japan), and Cuckoo Electronics (Korea) are strategically positioned to leverage these trends. Panasonic (Japan) focuses on technological advancements, particularly in smart cooking features, while Zojirushi (Japan) emphasizes premium quality and user-friendly designs. Cuckoo Electronics (Korea) has carved a niche with its high-end models that cater to health-conscious consumers, indicating a diverse operational focus among these key players that collectively shapes the market's competitive environment.

    In terms of business tactics, companies are increasingly localizing manufacturing to reduce costs and enhance supply chain efficiency. The Electric Rice Cooker Market appears moderately fragmented, with a mix of established brands and emerging players. This structure allows for competitive pricing strategies, yet the influence of key players remains substantial, as they set benchmarks for quality and innovation that smaller companies strive to meet.

    In August 2025, Panasonic (Japan) announced the launch of its latest smart rice cooker, which integrates AI technology to optimize cooking times and enhance flavor profiles. This strategic move not only reinforces Panasonic's commitment to innovation but also positions the company to capture a growing segment of tech-savvy consumers who prioritize convenience and quality in their cooking appliances. The introduction of AI capabilities may also set a new standard in the market, compelling competitors to enhance their product offerings.

    In September 2025, Zojirushi (Japan) unveiled a new line of rice cookers that feature eco-friendly materials and energy-efficient designs. This initiative aligns with the increasing consumer demand for sustainable products and reflects Zojirushi's strategic focus on environmental responsibility. By prioritizing sustainability, Zojirushi not only differentiates itself from competitors but also appeals to a growing demographic of environmentally conscious consumers, potentially expanding its market share.

    In October 2025, Cuckoo Electronics (Korea) entered a strategic partnership with a leading health food brand to co-develop a line of rice cookers that promote healthy cooking practices. This collaboration is indicative of Cuckoo's strategy to enhance its product portfolio by integrating health-oriented features, thereby appealing to health-conscious consumers. Such partnerships may also foster brand loyalty and create new revenue streams, positioning Cuckoo favorably in a competitive market.

    As of October 2025, the Electric Rice Cooker Market is witnessing trends such as digitalization, sustainability, and the integration of AI technologies. These trends are reshaping the competitive landscape, with strategic alliances becoming increasingly common as companies seek to enhance their product offerings and market reach. The shift from price-based competition to a focus on innovation, technology, and supply chain reliability is likely to define future competitive differentiation, suggesting that companies must continuously adapt to evolving consumer preferences and technological advancements.

    Key Companies in the Electric Rice Cooker Market market include

    Industry Developments

    • Q2 2024: Panasonic Launches New 'SR-HZ106' Electric Rice Cooker with AI Cooking Technology in Japan Panasonic introduced its latest electric rice cooker model, the SR-HZ106, featuring AI-powered cooking algorithms designed to optimize rice texture and taste. The product launch targets the Japanese market, emphasizing smart home integration and energy efficiency.
    • Q2 2024: Zojirushi Announces Partnership with LINE for Smart Rice Cooker Connectivity Zojirushi Corporation announced a technology partnership with LINE Corporation to enable smart connectivity features in its upcoming electric rice cooker models, allowing users to control cooking settings via the LINE app.
    • Q3 2024: Toshiba Unveils Next-Generation Induction Heating Rice Cooker for Global Markets Toshiba launched a new induction heating electric rice cooker designed for international markets, featuring multi-language interfaces and enhanced safety certifications for North America and Europe.
    • Q3 2024: Xiaomi Launches Mijia Smart Rice Cooker Pro 2.0 with Voice Assistant Integration Xiaomi released the Mijia Smart Rice Cooker Pro 2.0, which integrates with the XiaoAI voice assistant and offers remote control via the Mi Home app, expanding its smart kitchen appliance lineup.
    • Q4 2024: Philips Opens New Manufacturing Facility for Electric Rice Cookers in Indonesia Philips inaugurated a new production facility in Surabaya, Indonesia, dedicated to manufacturing electric rice cookers for Southeast Asian markets, aiming to reduce lead times and enhance regional supply chain resilience.
    • Q4 2024: Samsung Appoints New Head of Home Appliances Division to Drive Smart Kitchen Initiatives Samsung Electronics announced the appointment of a new executive to lead its Home Appliances Division, with a strategic focus on expanding the company's smart kitchen appliance portfolio, including electric rice cookers.
    • Q1 2025: LG Debuts 'Dual Chef' Electric Rice Cooker with Multi-Grain Cooking Technology LG Electronics launched the 'Dual Chef' electric rice cooker, featuring proprietary multi-grain cooking technology and a dual-chamber design, targeting health-conscious consumers in Asia and North America.
    • Q1 2025: Tiger Corporation Announces Expansion of Rice Cooker Production Capacity in Vietnam Tiger Corporation revealed plans to expand its electric rice cooker manufacturing capacity at its Vietnamese facility, citing rising demand in Southeast Asia and export markets.
    • Q2 2025: Hitachi and Sharp Form Joint Venture to Develop Next-Gen Smart Rice Cookers Hitachi and Sharp announced the formation of a joint venture focused on developing next-generation smart electric rice cookers, leveraging IoT and AI technologies for enhanced user experience.
    • Q2 2025: Breville Acquires Japanese Rice Cooker Brand 'YumAsia' to Expand Asian Appliance Portfolio Breville Group completed the acquisition of YumAsia, a Japanese electric rice cooker brand, to strengthen its presence in the Asian kitchen appliance market and accelerate product innovation.
    • Q3 2025: Electrolux Launches Eco-Friendly Electric Rice Cooker Series in Europe Electrolux introduced a new line of eco-friendly electric rice cookers in Europe, featuring recyclable materials and energy-saving modes, as part of its sustainability initiative.
    • Q3 2025: Bajaj Electricals Signs Distribution Agreement with Panasonic for Premium Rice Cookers in India Bajaj Electricals entered into a distribution agreement with Panasonic to market and distribute Panasonic's premium electric rice cookers across India, expanding its kitchen appliance offerings.

    Future Outlook

    Electric Rice Cooker Market Future Outlook

    <p>The Electric Rice Cooker Market is projected to grow at a 6.3% CAGR from 2024 to 2035, driven by increasing consumer demand for convenience and technological advancements.</p>

    New opportunities lie in:

    • <p>Expansion into smart kitchen appliances with IoT integration.</p>
    • <p>Development of eco-friendly rice cookers using sustainable materials.</p>
    • <p>Partnerships with meal kit services for bundled product offerings.</p>

    <p>By 2035, the market is expected to solidify its position as a leader in kitchen appliance innovation.</p>

    Market Segmentation

    Electric Rice Cooker Market Type Outlook

    • Standard/Basic Cooker
    • Multifunctional Cooker

    Electric Rice Cooker Market Volume Outlook

    • Low
    • Medium
    • Large

    Electric Rice Cooker Market Distribution Channel Outlook

    • Offline
    • Online

    Report Scope

    MARKET SIZE 20243.721(USD Billion)
    MARKET SIZE 20253.955(USD Billion)
    MARKET SIZE 20357.287(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR)6.3% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Billion
    Key Companies ProfiledMarket analysis in progress
    Segments CoveredMarket segmentation analysis in progress
    Key Market OpportunitiesIntegration of smart technology enhances user experience in the Electric Rice Cooker Market.
    Key Market DynamicsRising consumer preference for smart appliances drives innovation and competition in the Electric Rice Cooker market.
    Countries CoveredNorth America, Europe, APAC, South America, MEA

    Market Highlights

    Author

    Pradeep Nandi
    Senior Research Analyst

    She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    FAQs

    What is the current market valuation of the Electric Rice Cooker Market as of 2024?

    The market valuation of the Electric Rice Cooker Market was 3.721 USD Billion in 2024.

    What is the projected market size for the Electric Rice Cooker Market in 2035?

    The Electric Rice Cooker Market is projected to reach 7.287 USD Billion by 2035.

    What is the expected CAGR for the Electric Rice Cooker Market during the forecast period 2025 - 2035?

    The expected CAGR for the Electric Rice Cooker Market during the forecast period 2025 - 2035 is 6.3%.

    Which companies are considered key players in the Electric Rice Cooker Market?

    Key players in the Electric Rice Cooker Market include Panasonic, Zojirushi, Tiger Corporation, Cuckoo Electronics, Midea Group, Toshiba, Hamilton Beach, Breville, and Instant Brands.

    What are the different types of electric rice cookers available in the market?

    The market segments for electric rice cookers include Standard/Basic Cookers and Multifunctional Cookers.

    What was the market valuation for Standard/Basic Cookers in 2024?

    The market valuation for Standard/Basic Cookers was between 1.8605 and 3.572 USD Billion in 2024.

    1. GLOBAL ELECTRIC RICE COOKER MARKET, By Volume
      1. Overview
      2. Low
      3. Medium
      4. Large
    2. GLOBAL ELECTRIC RICE COOKER MARKET, BY Type
      1. Overview
      2. Standard/Basic Cooker
      3. Multifunctional Cooker
    3. GLOBAL ELECTRIC RICE COOKER MARKET, BY distribution channel
      1. Overview
      2. Offline
      3. Online
    4. GLOBAL ELECTRIC RICE COOKER MARKET, by Region
      1. Overview
      2. North America
      3. US
      4. Canada
      5. Europe
      6. Germany
      7. France
      8. UK
      9. Italy
      10. Spain
      11. Rest of Europe
      12. Asia-Pacific
      13. China
      14. India
      15. Japan
      16. South Korea
      17. Australia
      18. Rest of Asia-Pacific
      19. Rest of the World
      20. Middle East
      21. Africa
      22. Latin America
      23. Competitive Landscape
      24. Overview
      25. Competitive Analysis
      26. Market Share Analysis
      27. Major Growth Strategy in the Global Electric rice cooker Market,
      28. Competitive Benchmarking
      29. Leading Players in Terms of Number of Developments in the Global Electric rice cooker Market,
      30. Key developments and Growth Strategies
      31. New Product Launch/Service Deployment
      32. Merger & Acquisitions
      33. Joint Ventures
      34. Major Players Financial Matrix
      35. Sales & Operating Income, 2025
      36. Major Players R&D Expenditure. 2025
      37. Company ProfileS
      38. Panasonic Corporation
      39. Company Overview
      40. Financial Overview
      41. Products Offered
      42. Key Developments
      43. SWOT Analysis
      44. Key Strategies
      45. Koninklijke Philips NV
      46. Company Overview
      47. Financial Overview
      48. Products Offered
      49. Key Developments
      50. SWOT Analysis
      51. Key Strategies
      52. Newell Brands
      53. Company Overview
      54. Financial Overview
      55. Products Offered
      56. Key Developments
      57. SWOT Analysis
      58. Key Strategies
      59. AB Electrolux
      60. Company Overview
      61. Financial Overview
      62. Products Offered
      63. Key Developments
      64. SWOT Analysis
      65. Key Strategies
      66. Wonderchef Home Appliances Pvt, Ltd
      67. Company Overview
      68. Financial Overview
      69. Products Offered
      70. Key Developments
      71. SWOT Analysis
      72. Key Strategies
      73. Groupe SEB
      74. Company Overview
      75. Financial Overview
      76. Products Offered
      77. Key Developments
      78. SWOT Analysis
      79. Key Strategies
      80. TTK Prestige Ltd
      81. Company Overview
      82. Financial Overview
      83. Products Offered
      84. Key Developments
      85. SWOT Analysis
      86. Key Strategies
      87. Ali Group Srl
      88. Company Overview
      89. Financial Overview
      90. Products Offered
      91. Key Developments
      92. SWOT Analysis
      93. Key Strategies
      94. Breville Group
      95. Company Overview
      96. Financial Overview
      97. Products Offered
      98. Key Developments
      99. SWOT Analysis
      100. Key Strategies
      101. Bajaj Electricals Limited
      102. Company Overview
      103. Financial Overview
      104. Products Offered
      105. Key Developments
      106. SWOT Analysis
      107. Key Strategies
      108. Appendix
      109. References
      110. Related Reports
    5. LIST OF TABLES
      1. Global Electric rice cooker Market, Synopsis, 2025-2034
      2. Global Electric rice cooker Market, Estimates & Forecast, 2025-2034 (USD BILLION)
    6. GLOBAL ELECTRIC RICE COOKER MARKET, By Volume, 2025-2034 (USD BILLION)
    7. GLOBAL ELECTRIC RICE COOKER MARKET, By Type, 2025-2034 (USD BILLION)
    8. GLOBAL ELECTRIC RICE COOKER MARKET, By distribution channel, 2025-2034 (USD BILLION)
    9. North America: ELECTRIC RICE COOKER MARKET, By Volume, 2025-2034 (USD BILLION)
    10. North America: ELECTRIC RICE COOKER MARKET, By Type, 2025-2034 (USD BILLION)
    11. North America: ELECTRIC RICE COOKER MARKET, By distribution channel, 2025-2034 (USD BILLION)
    12. US: ELECTRIC RICE COOKER MARKET, By Volume, 2025-2034 (USD BILLION)
    13. US: ELECTRIC RICE COOKER MARKET, By Type, 2025-2034 (USD BILLION)
    14. US: ELECTRIC RICE COOKER MARKET, By distribution channel, 2025-2034 (USD BILLION)
    15. Canada: ELECTRIC RICE COOKER MARKET, By Volume, 2025-2034 (USD BILLION)
    16. Canada: ELECTRIC RICE COOKER MARKET, By Type, 2025-2034 (USD BILLION)
    17. Canada: ELECTRIC RICE COOKER MARKET, By distribution channel, 2025-2034 (USD BILLION)
    18. Europe: ELECTRIC RICE COOKER MARKET, By Volume, 2025-2034 (USD BILLION)
    19. Europe: ELECTRIC RICE COOKER MARKET, By Type, 2025-2034 (USD BILLION)
    20. Europe: ELECTRIC RICE COOKER MARKET, By distribution channel, 2025-2034 (USD BILLION)
    21. germany: ELECTRIC RICE COOKER MARKET, By Volume, 2025-2034 (USD BILLION)
    22. germany: ELECTRIC RICE COOKER MARKET, By Type, 2025-2034 (USD BILLION)
    23. germany: ELECTRIC RICE COOKER MARKET, By distribution channel, 2025-2034 (USD BILLION)
    24. FRANCE: ELECTRIC RICE COOKER MARKET, By Volume, 2025-2034 (USD BILLION)
    25. FRANCE: ELECTRIC RICE COOKER MARKET, By Type, 2025-2034 (USD BILLION)
    26. FRANCE: ELECTRIC RICE COOKER MARKET, By distribution channel, 2025-2034 (USD BILLION)
    27. italy: ELECTRIC RICE COOKER MARKET, By Volume, 2025-2034 (USD BILLION)
    28. italy: ELECTRIC RICE COOKER MARKET, By Type, 2025-2034 (USD BILLION)
    29. italy: ELECTRIC RICE COOKER MARKET, By distribution channel, 2025-2034 (USD BILLION)
    30. spain: ELECTRIC RICE COOKER MARKET, By Volume, 2025-2034 (USD BILLION)
    31. spain: ELECTRIC RICE COOKER MARKET, By Type, 2025-2034 (USD BILLION)
    32. spain: ELECTRIC RICE COOKER MARKET, By distribution channel, 2025-2034 (USD BILLION)
    33. UK: ELECTRIC RICE COOKER MARKET, By Volume, 2025-2034 (USD BILLION)
    34. UK: ELECTRIC RICE COOKER MARKET, By Type, 2025-2034 (USD BILLION)
    35. UK: ELECTRIC RICE COOKER MARKET, By distribution channel, 2025-2034 (USD BILLION)
    36. rest of europe: ELECTRIC RICE COOKER MARKET, By Volume, 2025-2034 (USD BILLION)
    37. rest of europe: ELECTRIC RICE COOKER MARKET, By Type, 2025-2034 (USD BILLION)
    38. rest of europe: ELECTRIC RICE COOKER MARKET, By distribution channel, 2025-2034 (USD BILLION)
    39. Asia-Pacific: ELECTRIC RICE COOKER MARKET, By Volume, 2025-2034 (USD BILLION)
    40. Asia-Pacific: ELECTRIC RICE COOKER MARKET, By Type, 2025-2034 (USD BILLION)
    41. Asia-Pacific: ELECTRIC RICE COOKER MARKET, By distribution channel, 2025-2034 (USD BILLION)
    42. japan: ELECTRIC RICE COOKER MARKET, By Volume, 2025-2034 (USD BILLION)
    43. japan: ELECTRIC RICE COOKER MARKET, By Type, 2025-2034 (USD BILLION)
    44. japan: ELECTRIC RICE COOKER MARKET, By distribution channel, 2025-2034 (USD BILLION)
    45. china: ELECTRIC RICE COOKER MARKET, By Volume, 2025-2034 (USD BILLION)
    46. china: ELECTRIC RICE COOKER MARKET, By Type, 2025-2034 (USD BILLION)
    47. china: ELECTRIC RICE COOKER MARKET, By distribution channel, 2025-2034 (USD BILLION)
    48. india: ELECTRIC RICE COOKER MARKET, By Volume, 2025-2034 (USD BILLION)
    49. india: ELECTRIC RICE COOKER MARKET, By Type, 2025-2034 (USD BILLION)
    50. india: ELECTRIC RICE COOKER MARKET, By distribution channel, 2025-2034 (USD BILLION)
    51. australia: ELECTRIC RICE COOKER MARKET, By Volume, 2025-2034 (USD BILLION)
    52. australia: ELECTRIC RICE COOKER MARKET, By Type, 2025-2034 (USD BILLION)
    53. australia: ELECTRIC RICE COOKER MARKET, By distribution channel, 2025-2034 (USD BILLION)
    54. south korea: ELECTRIC RICE COOKER MARKET, By Volume, 2025-2034 (USD BILLION)
    55. south korea: ELECTRIC RICE COOKER MARKET, By Type, 2025-2034 (USD BILLION)
    56. south korea: ELECTRIC RICE COOKER MARKET, By distribution channel, 2025-2034 (USD BILLION)
    57. rest of asia-pacific: ELECTRIC RICE COOKER MARKET, By Volume, 2025-2034 (USD BILLION)
    58. rest of asia-pacific: ELECTRIC RICE COOKER MARKET, By Type, 2025-2034 (USD BILLION)
    59. rest of asia-pacific: ELECTRIC RICE COOKER MARKET, By distribution channel, 2025-2034 (USD BILLION)
    60. rest of the world: ELECTRIC RICE COOKER MARKET, By Volume, 2025-2034 (USD BILLION)
    61. rest of the world: ELECTRIC RICE COOKER MARKET, By Type, 2025-2034 (USD BILLION)
    62. rest of the world: ELECTRIC RICE COOKER MARKET, By distribution channel, 2025-2034 (USD BILLION)
    63. Middle east: ELECTRIC RICE COOKER MARKET, By Volume, 2025-2034 (USD BILLION)
    64. Middle east: ELECTRIC RICE COOKER MARKET, By Type, 2025-2034 (USD BILLION)
    65. Middle east: ELECTRIC RICE COOKER MARKET, By distribution channel, 2025-2034 (USD BILLION)
    66. Africa: ELECTRIC RICE COOKER MARKET, By Volume, 2025-2034 (USD BILLION)
    67. Africa: ELECTRIC RICE COOKER MARKET, By Type, 2025-2034 (USD BILLION)
    68. Africa: ELECTRIC RICE COOKER MARKET, By distribution channel, 2025-2034 (USD BILLION)
    69. Latin america: ELECTRIC RICE COOKER MARKET, By Volume, 2025-2034 (USD BILLION)
    70. Latin america: ELECTRIC RICE COOKER MARKET, By Type, 2025-2034 (USD BILLION)
    71. Latin america: ELECTRIC RICE COOKER MARKET, By distribution channel, 2025-2034 (USD BILLION)
    72. LIST OF FIGURES
      1. Research Process
      2. Market Structure for the Global Electric rice cooker Market
      3. Market Dynamics for the Global Electric rice cooker Market
    73. Global Electric rice cooker Market, Share (%), By Volume, 2025
    74. Global Electric rice cooker Market, Share (%), By Type, 2025
    75. Global Electric rice cooker Market, Share (%), By distribution channel, 2025
    76. Global Electric rice cooker Market, Share (%), by Region, 2025
    77. north AMERICA: ELECTRIC RICE COOKER MARKET, SHARE (%), BY REGION, 2025
    78. Europe: ELECTRIC RICE COOKER MARKET, SHARE (%), BY REGION, 2025
    79. Asia-Pacific: ELECTRIC RICE COOKER MARKET, SHARE (%), BY REGION, 2025
    80. Rest of the world: ELECTRIC RICE COOKER MARKET, SHARE (%), BY REGION, 2025
      1. Global Electric rice cooker Market: Company Share Analysis, 2025 (%)
      2. Panasonic Corporation: FINANCIAL OVERVIEW SNAPSHOT
      3. Panasonic Corporation: SWOT ANALYSIS
      4. koninklijke philips nv:FINANCIAL OVERVIEW SNAPSHOT
      5. koninklijke philips nv:SWOT ANALYSIS
      6. newell brands:FINANCIAL OVERVIEW SNAPSHOT
      7. newell brands:SWOT ANALYSIS
      8. ab electrolux: FINANCIAL OVERVIEW SNAPSHOT
      9. ab electrolux:SWOT ANALYSIS
      10. wonderchef home appliances pvt. ltd:FINANCIAL OVERVIEW SNAPSHOT
      11. wonderchef home appliances pvt. ltd:SWOT ANALYSIS
      12. groupe seb:FINANCIAL OVERVIEW SNAPSHOT
      13. groupe seb:SWOT ANALYSIS
      14. ttk prestige ltd: FINANCIAL OVERVIEW SNAPSHOT
      15. ttk prestige ltd: SWOT ANALYSIS
      16. ali group srl: FINANCIAL OVERVIEW SNAPSHOT
      17. ali group srl: SWOT ANALYSIS
      18. breville group: FINANCIAL OVERVIEW SNAPSHOT
      19. breville group: SWOT ANALYSIS
      20. bajaj electricals limited:FINANCIAL OVERVIEW SNAPSHOT
      21. bajaj electricals limited:SWOT ANALYSIS

     

    Electric Rice Cooker Market Segmentation

    Electric Rice Cooker Volume Outlook (USD Billion, 2018-2032)

    Low

    Medium

    Large

    Electric Rice Cooker Type Outlook (USD Billion, 2018-2032)

    Standard/Basic Cooker

    Multifunctional Cooker

    Electric Rice Cooker Distribution Channel Outlook (USD Billion, 2018-2032)

    Offline

    Online

    Electric Rice Cooker Regional Outlook (USD Billion, 2018-2032)

    North America Outlook (USD Billion, 2018-2032)

    North America Electric Rice Cooker by Volume

    Low

    Medium

    Large

    North America Electric Rice Cooker by Type

    Standard/Basic Cooker

    Multifunctional Cooker

    North America Electric Rice Cooker by Distribution Channel

    Offline

    Online

    US Outlook (USD Billion, 2018-2032)

    US Electric Rice Cooker by Volume

    Low

    Medium

    Large

    US Electric Rice Cooker by Type

    Standard/Basic Cooker

    Multifunctional Cooker

    US Electric Rice Cooker by Distribution Channel

    Offline

    Online

    CANADA Outlook (USD Billion, 2018-2032)

    CANADA Electric Rice Cooker by Volume

    Low

    Medium

    Large

    CANADA Electric Rice Cooker by Type

    Plastic Standard/Basic Cooker

    Multifunctional Cooker

    CANADA Electric Rice Cooker by Distribution Channel

    Offline

    Online

    Europe Outlook (USD Billion, 2018-2032)

    Europe Electric Rice Cooker by Volume

    Low

    Medium

    Large

    Europe Electric Rice Cooker by Type

    Plastic Standard/Basic Cooker

    Multifunctional Cooker

    Europe Electric Rice Cooker by Distribution Channel

    Offline

    Online

    Germany Outlook (USD Billion, 2018-2032)

    Germany Electric Rice Cooker by Volume

    Low

    Medium

    Large

    Germany Electric Rice Cooker by Type

    Standard/Basic Cooker

    Multifunctional Cooker

    Germany Electric Rice Cooker by Distribution Channel

    Offline

    Online

    France Outlook (USD Billion, 2018-2032)

    France Electric Rice Cooker by Volume

    Low

    Medium

    Large

    France Electric Rice Cooker by Type

    Standard/Basic Cooker

    Multifunctional Cooker

    France Electric Rice Cooker by Distribution Channel

    Offline

    Online

    UK Outlook (USD Billion, 2018-2032)

    UK Electric Rice Cooker by Volume

    Low

    Medium

    Large

    UK Electric Rice Cooker by Type

    Standard/Basic Cooker

    Multifunctional Cooker

    UK Electric Rice Cooker by Distribution Channel

    Offline

    Online

    ITALY Outlook (USD Billion, 2018-2032)

    ITALY Electric Rice Cooker by Volume

    Low

    Medium

    Large

    ITALY Electric Rice Cooker by Type

    Standard/Basic Cooker

    Multifunctional Cooker

    ITALY Electric Rice Cooker by Distribution Channel

    Offline

    Online

    SPAIN Outlook (USD Billion, 2018-2032)

    Spain Electric Rice Cooker by Volume

    Low

    Medium

    Large

    Spain Electric Rice Cooker by Type

    Standard/Basic Cooker

    Multifunctional Cooker

    Spain Electric Rice Cooker by Distribution Channel

    Offline

    Online

    Rest Of Europe Outlook (USD Billion, 2018-2032)

    Rest Of Europe Electric Rice Cooker by Volume

    Low

    Medium

    Large

    REST OF EUROPE Electric Rice Cooker by Type

    Standard/Basic Cooker

    Multifunctional Cooker

    REST OF EUROPE Electric Rice Cooker by Distribution Channel

    Offline

    Online

    Asia-Pacific Outlook (USD Billion, 2018-2032)

    Asia-Pacific Electric Rice Cooker by Volume

    Low

    Medium

    Large

    Asia-Pacific Electric Rice Cooker by Type

    Standard/Basic Cooker

    Multifunctional Cooker

    Asia-Pacific Electric Rice Cooker by Distribution Channel

    Offline

    Online

    China Outlook (USD Billion, 2018-2032)

    China Electric Rice Cooker by Volume

    Low

    Medium

    Large

    China Electric Rice Cooker by Type

    Standard/Basic Cooker

    Multifunctional Cooker

    China Electric Rice Cooker by Distribution Channel

    Offline

    Online

    Japan Outlook (USD Billion, 2018-2032)

    Japan Electric Rice Cooker by Volume

    Low

    Medium

    Large

    Japan Electric Rice Cooker by Type

    Standard/Basic Cooker

    Multifunctional Cooker

    Japan Electric Rice Cooker by Distribution Channel

    Offline

    Online

    India Outlook (USD Billion, 2018-2032)

    India Electric Rice Cooker by Volume

    Low

    Medium

    Large

    India Electric Rice Cooker by Type

    Standard/Basic Cooker

    Multifunctional Cooker

    India Electric Rice Cooker by Distribution Channel

    Offline

    Online

    Australia Outlook (USD Billion, 2018-2032)

    Australia Electric Rice Cooker by Volume

    Low

    Medium

    Large

    Australia Electric Rice Cooker by Type

    Standard/Basic Cooker

    Multifunctional Cooker

    Australia Electric Rice Cooker by Distribution Channel

    Offline

    Online

    Rest of Asia-Pacific Outlook (USD Billion, 2018-2032)

    Rest of Asia-Pacific Electric Rice Cooker by Volume

    Low

    Medium

    Large

    Rest of Asia-Pacific Electric Rice Cooker by Type

    Standard/Basic Cooker

    Multifunctional Cooker

    Rest of Asia-Pacific Electric Rice Cooker by Distribution Channel

    Offline

    Online

    Rest of the World Outlook (USD Billion, 2018-2032)

    Rest of the World Electric Rice Cooker by Volume

    Low

    Medium

    Large

    Rest of the World Electric Rice Cooker by Type

    Standard/Basic Cooker

    Multifunctional Cooker

    Rest of the World Electric Rice Cooker by Distribution Channel

    Offline

    Online

    Middle East Outlook (USD Billion, 2018-2032)

    Middle East Electric Rice Cooker by Volume

    Low

    Medium

    Large

    Middle East Electric Rice Cooker by Type

    Standard/Basic Cooker

    Multifunctional Cooker

    Middle East Electric Rice Cooker by Distribution Channel

    Offline

    Online

    Africa Outlook (USD Billion, 2018-2032)

    Africa Electric Rice Cooker by Volume

    Low

    Medium

    Large

    Africa Electric Rice Cooker by Type

    Standard/Basic Cooker

    Multifunctional Cooker

    Africa Electric Rice Cooker by Distribution Channel

    Offline

    Online

    Latin America Outlook (USD Billion, 2018-2032)

    Latin America Electric Rice Cooker by Volume

    Low

    Medium

    Large

    Latin America Electric Rice Cooker by Type

    Standard/Basic Cooker

    Multifunctional Cooker

    Latin America Electric Rice Cooker by Distribution Channel

    Offline

    Online

    Infographic

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    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne

    Founder
    Case Study
    Chemicals and Materials