Stats ID: 6270
| Delivery Format: Databook
| Last Updated: November 2024
| Delivery:Immediate
Electric Lunch Boxes Market Key Highlights:
Market Size (2024): USD 684 Million
Projected Market Size (2034): USD 1,308 Million
CAGR (2024-2034): 6.7%
Pricing Analysis:
Price Growth
Regional Variations
Market Historic Sales
Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
Analysis of revenue contributions from different manufacturers in the market.
Electric Lunch Boxes Market Defination
The electric lunch boxes market is an growing segment of the consumer appliances sector. This industry deals in manufacturing portable containers that generates heat using electricity. These lunch boxes are generally used for keeping food warm for a longer duration of time. There are numerous types of electric lunch boxes available in the market which includes single-layer, double layer, multilayer and others. These containers are manufactured using different technologies consisting of steam technology and microwave technology. This lunch boxes finds application in storing foods, drinks and other items. The end-user of this industry mainly consists of commercial and households. This industry is expected to grow significantly with the rise in electronics industry.
The growing proliferation of smartphones is an integral driver in the growth of the electric lunch box market. With the rising use of smartphones, people access numerous e-commerce sites where various types of electric lunch boxes are available in different sizes, shapes, prices and quality that in turn increases the trend of purchasing electric lunch boxes from online platforms. In September 2022, Jaypee launched a new range of electric lunch boxes in India. These lunch boxes are designed using advanced technologies to provide optimum performance. With the increasing use of smartphones and easy access to e-commerce platforms, the demand for electric lunch boxes is likely to grow significantly, thereby boosting the market growth. The advancements in battery-powered lunch boxes with increased backup is expected to create ample opportunities for the market players in the upcoming years.
