The Detailed Market intelligence report on the Global Air Fryer Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Global Air Fryer Market place for the forecast 2021– 2027.
Global Air Fryer market is valued at USD 914.90 million in 2018 and expected to reach USD 1450.02 million by 2025 with a CAGR of 6.80% over the forecast period.
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Scope Of The Report:
Global Air Fryer Market 2019 Industry research report is a proficient and in-depth research report on the world’s major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific). It covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key Vendors operating in this Global market.
The global market for air fryer has been valued at a higher level in the last few years. The global market has been estimated at expanding further at a good level in the period of forecast. The introduction of the innovative products due to the improvements in design is a major factor for the growth of the global air fryer market. Additionally, the rise in the health conscious citizens and the awareness about the following of a diet which is healthy and has been projecting the driving of the demands of the product thereby is supporting the growth of the global air fryer market.
Key Market Players Analysis:
Koninklijke Philips N.V., BLACK+DECKER Inc., Conair Corporation, Avalon Bay, Breville Group Ltd, Meyer Manufacturing Company Limited, GoWISE USA, NuWave LLC, Groupe SEB, Newell Brands.
The higher levels of demand from the hotels, hospitals and restaurants have been expected to boost the growth of the market. Furthermore, the demands for the products which are energy-efficient have been expected to have an impact which is positive on the growth of the global air fryer market. On the basis of product type, the segment of digital air fryer has been holding the biggest share of the global air fryer market and is going to retain the position of dominance in the years of forecast. This segment has been estimating to see the biggest growth of the region. The availability of the products which are advanced with the features like the panel of touch screen, fast level of preheating as well as the knob of temperature control and has been expected for fueling the demand for the air fryers. The channel segment of online distribution has been anticipated for the expansion in the near years to come at the fastest growth rate.
The rise in the popularity of the retailers of e-commerce like the Amazon.com has been the major factor for the boosting of sales of the product in the online changes and the global air fryer market growth. Europe has been leading the regional levels of market. It has been expended to see a level of further growth due to the increase in the consciousness of health and the resulting demand for the air fryers. However, the market of Asia Pacific has been anticipated for the expansion of the fastest level of growth in the next few years.
The segment of digital production has been holding the largest share in the global air fryer market because of the increase in demand for the appliances of automatic cooking in the countries which are developed like the Germany, Canada and United States. This segment has been projected to see a growth further at a fast level of growth in the years. The segment of manual product has been anticipated also at a level of considerable growth for the years to come. The air fryers have been preferred due to the lower price than the products which are digital. However, the slower time of cooking has been an important factor which might restrict the growth of the segment.
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The segment of distribution channel because which is offline has been leading the global air fryer market. The higher visibility of the product and has been increasing the number of the retailers like the Walmart, in the countries which are developing including the countries of China and India has been the major factor growing the segment. The online segment has been anticipated for expansion at the fastest growth in the period of forecast.
Air Fryer Key Market Segmentations:
By End User
By Sales Channel
Hypermarket & Supermarket, Specialty Store, Online sales Channel
North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa
Europe has been leading the region in the global air fryer market. It has been estimated to retain the positon of dominance through the forecast in the years due to the increase in the levels of consciousness of health and the higher level of demand. The major companies are Philips, Ninja and Prestige has been expected to see a positive impact on the growth of the region. E-commerce retailers have been seeing a rise in the popularities.
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