Market Insights
The Electric Frying Pan Market is estimated to grow at a healthy CAGR of 3% during the forecast period.
|
Electric Frying Pan Market- Research Scope
|
|
Growth
|
3% CAGR
|
|
Major Application Type
|
Household
|
|
Region with the highest demand
|
North America
|
|
Market Size in 2026
|
Panasonic, Midea, NESCO, De longhi, Zojirushi Corporation, West Bend, Rival Company, WMF Group, Krampouz
|
Wish to get a free sample? Register Here
What is Electric Frying Pan?
An electric frying pan heats the cooking surface, which is usually made of metal, by using electricity. The energy generated by electricity heats the coil or element inside the appliance, which is usually located at the bottom, and simultaneously circulates hot air throughout its interior. The electric frying pan looks like a traditional pan, but it has an electric heating element built into the base. They typically include a detachable power cord that can be neatly stored away when not in use for safety reasons. Through conduction, the heating plate transfers this heat to the food being cooked on it.
Covid-19 Impact Analysis
The global impact of the COVID-19 pandemic on Electric Frying Pan materials supply chains, international trade, and manufacturing activities was enormous. The production of Electric Frying Pan decreased as a result of the COVID-19 pandemic, as market companies were forced to shut down production facilities or operate them at less than optimal capacity to prevent the spread of the coronavirus.
Key Players
Key players operating in the Electric Frying Pan Market are-
- Panasonic
- Midea
- NESCO
- De longhi
- Zojirushi Corporation
- West Bend
- Rival Company
- WMF Group
- Krampouz
Market Dynamics
The market's growth can be attributed to rising demand for electric frying pans in both residential and commercial applications. Gas grills and barbecues are expected to see significant growth in the global market in the coming years due to their ease of use. Because they have a longer life than other products on the market, stainless steel Electric Frying Pan are currently growing at an impressive rate.
Segment’s Analysis
Application Trends
Based on Application, the Electric Frying Pan market has been divided into Household, Commercial. The Household accounted for the largest market share in 2020. The use of Electric Frying Pan in the home has grown rapidly over the years. They are used at home to fry, roast, and cook vegetables, among other things. The main advantage of skillets is that they save time and money because food does not need to be prepared separately for cooking. Making breakfast or lunch with skillets is also very simple, saving a lot of time from doing other household chores such as preparing separate dishes for making rotis, paranthas, French fries, and so on.
Regional Trends
By region, the North America market accounted for the dominated share in 2020 and is expected to grow at a significant CAGR during the review period. The United States, Canada, and Mexico are the leading countries in North America, with high rates of Electric Skillet adoption due to rising disposable income levels among consumers and advancements made by various manufacturers in this region that provide technologically advanced products at an affordable price range.
Critical Questions Answered in the Report
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the Electric Frying Pan market. Following are the critical questions answered in the report.
- What are the key trends in the Electric Frying Pan market?
- How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in next five years?
- What is the impact of COVID-19 on Electric Frying Pan market?
- What are the key strategies adopted by the major vendors to lead in the Electric Frying Pan market?
- What is the market share of the top vendors?
Target Audience
The target audience of Electric Frying Pan Market includes-
- Electric Frying Pan Vendors
- Electric Frying Pan Manufacturers
- Electric Frying Pan Distributors
Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
