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Electric Lunch Box To Register Stellar Compound Annual Growth Rate Through 2023 – 2032 : Fact.MR

A portable heating gadget that allows you to heat and keep food warm while on the road is an electric lunch box. It usually comes with an insulated container for holding food, an electric heating element, and a power wire for hooking into a wall outlet or a vehicle adaptor. Some electric lunch boxes have built-in sections for utensils and extra food storage. They are a practical choice for folks who wish to bring hot meals to work, school, or on the road.

The report presents Electric Lunch Box market data that is both useful and relevant. Fact,MR’s most recent report includes data on the present health of the industry across numerous areas, as well as historical data and market estimates. The study also looks at sales.

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Key Segments Covered in Electric Lunch Box Industry Analysis

  • By Type
    • Grid
    • Container
      • 2-container
      • 3 Container
      • 4-container
  • By Raw Material
    • Stainless Steel
    • Plastic
  • By Price Range
    • Below US$ 10
    • US$ 11-25
    • US$ 26-50
    • Above US$ 50
  • By Distribution Channel
    • Offline
      • Specialty Stores
      • Hypermarkets/Supermarkets
    • Online
      • Company-owned Websites
      • e-Commerce Sales
  • By Region
    • North America, Europe
    • Europe
    • Asia Pacific
    • Middle East & Africa
    • South America

Competitive Landscape

According to the electric lunch box business research analysis provided by Fact.MR, Cello World, Girmi, Hamilton Housewares Pvt. Ltd., Haven Innovation, Jaypee Plus, Koolatron Corporation, Newell Brands Inc., SKG Electric Co. Ltd, and Tayama Appliance USA INC are prominent players whose sales outreach have been thoroughly described in the recently published report.

Majority companies discussed in the report have focused on investments, delivery focus, portfolio expansion, and brand development.

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 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.,

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.

More Valuable Insights on Electric Lunch Box Market

Fact.MR, 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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