Electric Lunch Box Market Set to Surge Significantly During 2031
9 days ago
3 min read

Electric Lunch Box Market Set to Surge Significantly During 2031

According to a recent FactMR - a market research and competitive intelligence provider - electric lunch box market analysis, lunch box prices have risen by nearly 20% between FY2016 and FY2020.

The preference of the working class for fresh home-cooked food is the primary cause of inflated prices. However, prices fell 4% in Q2 FY2020 compared to Q2 FY2019, owing to lower demand combined with an increase in inventory volume across regions.

Download Free Sample Copy of this Report –  https://www.factmr.com/connectus/sample?flag=S&rep_id=6462 This newly published and insightful report sheds light on Market Insights of Electric Lunch Box, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Electric Lunch Box Market.

Key Companies Profiled

  • Cello World

  • Girmi.Hamilton Housewares Pvt. Ltd.

  • Haven Innovation

  • Jaypee Plus

  • Koolatron Corporation

  • Newell Brands Inc

  • SKG Electric Co. Ltd

  • Tayama Appliance USA INC.,

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Key Segments Covered in Electric Lunch Box Industry Analysis

·         By Type

  • Grid Electric Lunch Boxes

    • Container Electric Lunch Boxes

      • 2-container Electric Lunch Boxes

      • 3 Container Electric Lunch Boxes

      • 4-container Electric Lunch Boxes

·         By Raw Material

  • Stainless Steel Electric Lunch Boxes

    • Plastic Electric Lunch Boxes

·         By Price Range

  • Below US$ 10 Electric Lunch Boxes

    • US$ 11-25 Electric Lunch Boxes

    • US$ 26-50 Electric Lunch Boxes

    • Above US$ 50 Electric Lunch Boxes

·         By Distribution Channel

  • Offline

    • Electric Lunch Boxes Sold at Specialty Stores

    • Electric Lunch Boxes Sold at Hypermarkets/Supermarkets

    • Online

      • Electric Lunch Boxes Sold on Company-owned Websites

      • e-Commerce Sales of Electric Lunch Boxes

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Some of the key developments are:

  • In Sept 2019, on the occasion of its 100th anniversary, Italy-based Girni launched a new household catalogue covering all new products to be launched over the coming years, which also include electric lunch boxes.

  • In Feb 2020, Kobwa launched its new electric lunch box product series, which can preserve fresh for longer hours.

Key Takeaways from Market Study

  • Among the distribution channels, e-Commerce has been the fastest-growing segment owing to rise of the online sector over the past decade, and is anticipated to expand at a CAGR of 4.6% through 2031.

  • The market in Asia Pacific is projected to experience high market growth at 4.7%.

  • North America is anticipated to dominate the global market for electric lunch boxes over the decade.

  • Demand for stainless steel boxes is anticipated to increase at a higher CAGR compared to plastic electric lunch boxes.

  • China and Japan collectively account for more than 50% market share in Asia Pacific.

“Market players are expected to concentrate on product innovation and switch to eco-friendly materials for the manufacturing of electric lunch boxes,” says a FactMR analyst. Key Question answered in the survey of Electric Lunch Box market report:

  • Sales and Demand of Electric Lunch Box

  • Growth of Electric Lunch Box Market

  • Market Analysis of Electric Lunch Box

  • Market Insights of Electric Lunch Box

  • Key Drivers Impacting the Electric Lunch Box market

  • Which are the Key drivers impacted by Electric Lunch Box market

  • Restraints Shaping Market Growth

  • Market Survey of Electric Lunch Box

More Valuable Insights on Electric Lunch Box Market

FactMR, in its new report, offers an unbiased Market Analysis of Electric Lunch Box, Sales and Demand of Electric Lunch Box, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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