According to a market report by Lucintel, the future of the pressure cooker market in the US looks promising with opportunities in the supermarkets/hypermarkets, department stores, and e-retail. The major drivers for this market are growth in electric cooker due to energy saving property, increasing demand for easy to use and quicker to operate appliances, and increasing number of cafes, shops, fast food restaurants and hotels.
In this market, electric pressure cooker and ordinary energy pressure cooker are used in commercial and residential end use. Ordinary energy pressure cooker is expected to remain the largest segment as ordinary energy pressure cooker are cheaper than the electric cooker, and many different items can be cooked in them at a time.
Residential will remain the largest end use segment over the forecast period due to increasing population and per capita income.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the pressure cooker market in the US by type, end use, and distribution channel and has compiled a comprehensive research report titled “Growth Opportunities for the Pressure Cooker Market in the US 2021-2026: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy by providing comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the pressure cooker market in the US by type, end use, and distribution channel as follows:
By Type [$ Million Shipment Analysis from 2015 to 2026]:
Electric Pressure Cooker
Ordinary Energy Pressure Cooker
By End Use [$ Million Shipment Analysis 2015 to 2026]:
By Distribution Channel [$ Million Shipment Analysis from 2015 to 2026]:
Supermarkets/Hypermarkets
Department Stores
E-retailer
Others
This more than 50-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link www.lucintel.com/United-States/opportunities-for-the-pressure-cooker.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.