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Global Electric Lunch Box Market – Industry Trends and Forecast to 2031

  • FMCG
  • Upcoming Report
  • Mar 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Electric Lunch Box Market – Industry Trends and Forecast to 2031

Market Size in USD Billion

CAGR - % Diagram

Diagram Forecast Period 2023–2031
Diagram Market Size (Base Year) USD 635.72 Million
Diagram Market Size (Forecast Year) USD 1060.04 Million
Diagram CAGR %

Global Electric Lunch Box Market, By Type (Grid Electric Lunch Boxes and Container Electric Lunch Boxes), Technology (Microwave Application and Steam), Material Use (Plastic, Metal, and Glass), Application (Food, Drink, Vegetables, and Others), Price Range (Below US$ 10 Electric Lunch Boxes, US$ 11-25 Electric Lunch Boxes, US$ 26-50 Electric Lunch Boxes, and Above US$ 50 Electric Lunch Boxes), End-User (Household and Commercial), Distribution Channel (Online and Offline), Product (Multi-layer, Double-layer, and Single-layer) – Industry Trends and Forecast to 2031.

Electric Lunch Box Market Analysis and Size

The electric lunch box market serves various purposes across households, offices, and outdoor activities, offering convenient food heating and storage solutions. Its applications range from daily meal preparations to picnics and camping trips. It has portability, energy efficiency, and safety features such as BPA-free materials and temperature control mechanisms.

Data Bridge Market Research analyses that the global electric lunch box market was valued at USD 635.72 million  in 2023 and is expected to reach USD 1,060.04 million by 2031, registering a CAGR of 6.60% during the forecast period of 2024 to 2031. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behavior.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Type (Grid Electric Lunch Boxes and Container Electric Lunch Boxes), Technology (Microwave Application and Steam), Material Use (Plastic, Metal, and Glass), Application (Food, Drink, Vegetables, and Others), Price Range (Below US$ 10 Electric Lunch Boxes, US$ 11-25 Electric Lunch Boxes, US$ 26-50 Electric Lunch Boxes, and Above US$ 50 Electric Lunch Boxes), End-User (Household and Commercial), Distribution Channel (Online and Offline), Product (Multi-layer, Double-layer, and Single-layer)

Countries Covered

U.S., Canada and Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America.

Market Players Covered

ZOJIRUSHI CORPORATION (U.S.), Cello World (India), Hamilton Housewares Pvt. Ltd. (India), Haven Innovation (U.S.), Koolatron (U.S.), Newell Brands (U.S.), Tayama Appliance Inc (U.S.), GiftEzee (India),  Sociosis Productions (India), HOTLOGIC (U.S.), and Thermos LLC (U.S.), among others

Market Opportunities

  • Technological Advancement in Electric Heating Technologies
  • Increased Sales due to Online Platforms

Market Definition

An electric lunch box is a portable device designed to heat or keep food warm, typically used to carry and warm meals while on the go. It usually consists of a container or compartment where food can be placed, and it is equipped with an electric heating element or technology to warm the food.

Global Electric Lunch Box Market Dynamics

Drivers

  • Rising Demand for Healthy Eating Habits

The increasing demand for healthy eating habits has create a growing interest in electric lunch boxes as a convenient solution. These devices empower individuals to transport and heat homemade meals, eliminating the reliance on fast food or pre-packaged options, often laden with additives and preservatives. Electric lunch boxes align with the wellness-driven lifestyles of modern consumers, by facilitating the consumption of nutritious, home-cooked meals on the go, contributing to their popularity and market growth.

  • Rapidly Changing Lifestyle of Consumers Demanding Convenient Meal Solutions

The trend of increasing urbanization has led to a rise in demand for convenient meal solutions, given the limited access to traditional cooking facilities in densely populated urban areas. Electric lunch boxes emerge as a practical alternative, allowing urban occupants to prepare and heat meals easily, whether at work or on-the-go. Their portability and ability to maintain food warmth cater to the fast-paced urban lifestyle, making them a preferred choice for individuals seeking convenience and efficiency amidst their bustling urban routines.

Opportunities

  • Technological Advancement in Electric Heating Technologies

Ongoing advancements in electric heating technologies are enhancing the performance and appeal of electric lunch boxes. Innovations such as improved insulation materials, energy-efficient heating elements, and advanced temperature control mechanisms ensure better efficiency and functionality. These technological enhancements not only elevate the overall user experience by maintaining food warmth effectively but also contribute to the attractiveness of electric lunch boxes in the eyes of consumers seeking modern, reliable, and convenient food storage and heating solutions.

  • Increased Sales due to Online Platforms

Brands are aiming to boost sales through online platforms and digital branding. Market participants in the electric lunch box industry are expected to enhance their visibility on digital platforms, with e-commerce websites serving as prominent sales channels. Effective digital marketing strategies will emphasize product details, functionality, pricing, and technology.

Restraints/Challenges

  • Limited Consumer Awareness

Many potential consumers remain unaware of how electric lunch boxes can streamline meal preparation and provide on-the-go heating solutions. Without a clear understanding of their advantages, individuals may be hesitant to adopt this innovative technology. Educational initiatives aimed at informing consumers about the convenience and efficiency of electric lunch boxes are crucial for cultivating market acceptance. Moreover, the unfamiliarity with their benefits may lead consumers to stick with traditional methods of food storage and heating, even if they are less convenient or efficient.

  • Higher Initial Cost Compared to Traditional Lunch Boxes

The higher initial cost of modern lunch boxes compared to traditional ones acts as a budget-conscious option for consumers. While modern lunch boxes offer advanced features and durability, their upfront expense may deter individuals seeking more economical options. The initial investment required for these innovative designs may exceed the budgetary constraints of some consumers, limiting their accessibility and adoption. As a result, affordability remains a significant consideration for consumers when evaluating lunch box options.

This global electric lunch box market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global electric lunch box contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

  • In August 2022, Jaypee Plus introducedits electric line, showcasing innovative additions to the electric lunch box market. The collection includes the e-warmer-electric chafing dish and hot pot electric box, crafted with stainless steel and BPA-free plastic. These offerings promise durability and safety, marking a significant advancement in electric lunch box technology
  • In March 2021, Zojirushi Corporation, a Japanese home appliance manufacturer, partnered with China's Guadong Galanz Enterprises Co., Ltd., aiming to enhance their home appliance offerings. This collaboration integrates Zojirushi's expertise with Galanz's manufacturing capabilities, fostering innovation and diversification in the home appliance market. The partnership reflects a strategic move to capitalize on emerging consumer demands and drive market growth through value-added products
  • In February 2020, Konwa introducedits electric lunch box, developing mealtime convenience. This innovative product not only heats food but also steams and cooks complete meals. With its multifunctional capabilities, users can enjoy freshly prepared dishes wherever they go. The electric lunch box simplifies meal prep, offering a seamless solution for busy lifestyles. Its versatile design ensures that users can enjoy delicious and nutritious meals on the move, enhancing convenience and culinary satisfaction
  • In August 2022, Milton introduced its Smart Tiffin, a revolutionary product connecting to smartphones for scheduled food heating. This innovation enhances convenience, allowing individuals to enjoy home-cooked meals safely. The Smart Tiffin aligns with the market's growing demand for tech-enabled kitchen solutions, catering to consumers seeking efficient and safe meal preparation options amidst busy lifestyles

Global Electric Lunch Box Market Scope

The global electric lunch box market is segmented into eight notable segments which are based on type, technology, material use, application, end-user price range, distribution channel, and product. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Grid Electric Lunch Boxes
  • Container Electric Lunch Boxes

Technology

  • Microwave Application
  • Steam

Material Use

  • Plastic
  • Metal
  • Glass

Application

  • Food
  • Drink
  • Vegetables
  • Others

 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

End-User

  • Household
  • Commercial

Distribution Channel

  • Online
  • Offline

Product

  • Multi-layer
  • Double-layer
  • Single-layer

Global Electric Lunch Box Market Regional Analysis/Insights

The global electric lunch box market is analyzed and market size insights and trends are provided by type, technology, material use, application, end-user price range, distribution channel, and product as referenced above.

The countries covered in the global electric lunch box market report are U.S., Canada and Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina and Rest of South America.

North America dominates the global electric lunch box market due to the extensive range of products available through several distribution channels. The increasing adoption of innovative electric lunch boxes is one of the major factors that is supporting the market growth, the rapid development of online retail stores is positively affecting the industry growth in this region.

Asia-Pacific is expected to be the fastest developing region due to the increasing urbanization, growing disposable income and the fast adoption of products among the working class in nations such as India and China are expected to be the major factor in the demand for electric lunch boxes during the forecast period.

The country section of the report also provides individual market-impacting factors and changes in market regulation that impact the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Global Electric Lunch Box Market Share Analysis

The global electric lunch box market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the global electric lunch box market.

Some of the major players operating in the global electric lunch box market are:

  • ZOJIRUSHI CORPORATION (U.S.)
  • Cello World (India)
  • Hamilton Housewares Pvt. Ltd. (India)
  • Haven Innovation (U.S.)
  • Koolatron (U.S.)
  • Newell Brands (U.S.)
  • Tayama Appliance Inc (U.S.)
  • GiftEzee (India)
  • Sociosis Productions (India)
  • HOTLOGIC (U.S.)
  • Thermos LLC (U.S.)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

Rising demand for healthy eating habits & rapidly changing lifestyle of consumers demanding convenient meal solutions are the growth drivers of the electric lunch box market.
Type, technology, material use, application, end-user price range, distribution channel, and product are the factors on which the electric lunch box market research is based.
Major companies in the electric lunch box market are ZOJIRUSHI CORPORATION (U.S.), Cello World (India), Hamilton Housewares Pvt. Ltd. (India), Haven Innovation (U.S.), Koolatron (U.S.), Newell Brands (U.S.), Tayama Appliance Inc (U.S.), GiftEzee (India), Sociosis Productions (India), HOTLOGIC (U.S.), and Thermos LLC (U.S.), among others.
The electric lunch box market size will be worth USD 1,060.04 million by 2031.
The growth rate of the electric lunch box market is 6.60%.
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