Air Fryer Market size was valued at US$ 807.17 Mn. in 2021 and the total revenue is expected to grow at a CAGR of 7.0% through 2021 to 2029, reaching nearly US$ 1386.87 Mn.
Air Fryer Market Overview:
Global Air Fryer Market research report typically contains an in-depth analysis of a specific market or industry. It provides insights into Air Fryer market size, trends, growth opportunities, competitive landscape, consumer behaviour, and other key factors that affect the Homewares market. Air Fryer market research report is a valuable tool for businesses looking to make informed decisions about their marketing, sales, and growth strategies.
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Air Fryer Market Scope:
The MMR Market report provides a comprehensive study of the Air Fryer Market Size, including an analysis of Air Fryer market size, applications, economic factors, and geographic divisions. It conducts a thorough investigation of key market characteristics, offering valuable insights to readers. The MMR report includes an in-depth analysis of the regional environment, covering potential growth indicators, significant challenges, and threats specific to the Air Fryer market. Along with providing a general overview of the competitive market landscape, the study also analyses major market players, offering a deeper understanding of the Air Fryer market dynamics.
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Air Fryer Market Segmentation :
by Product
• Digital Air Fryers
• Manual Air Fryers
Digital air fryers and manual air fryers are the market segments. By 2029, the digital air fryer market category is anticipated to have the greatest market share. This is a result of increased use of digital equipment, greater need for automation, and increased health awareness. In many cases, air frying is healthier than oil frying. It includes much less fat and decreases calories by 70 to 80 percent. Some of the other drawbacks of oil frying may be lessened with this way of cooking.
by End User
• Residential
• Commercial
Residential and Commercial are the two market segments. The category of residential end-users is anticipated to expand quickly at a CAGR during the forecast period. Residential end users are increasingly purchasing air fryers as a result of changing lifestyles and rising disposable incomes. On the market, there are more electronic/digital products available for home users. Due to slow cooking and the limited functionality of traditional kitchen appliances, homeowners are looking for technologically advanced and intelligent kitchen equipment in order to improve kitchen aesthetics. During the forecast period of 2021–2029, these are the main factors influencing the growth of this market segment worldwide.
by Distribution Channel
• Online
• Offline
There are two market segments: online and offline. The segment of online distribution channels is anticipated to expand quickly between 2021 and 2029, with a CAGR of 14.5%. The rise in popularity of e-commerce vendors like Amazon and Flipkart helps boost product sales. Furthermore, the market is growing because a lot of well-known companies have their own websites. Significant incentives and discounts from online shops can help to increase product sales. These are the main factors that will support this segment’s growth in the global market from 2021 to 2029.
Key Players operating in Air Fryer Market :
• Koninklijke Philips N.V.
• Tatung Company of America, Inc.
• De’Longhi America Inc.
• Ming’s Mark Inc.
• Groupe SEB
• Avalon Bay
• Bajaj Electricals Limited
• American Micronic Instruments
• Mayer
• Gorenje
• Philips
• Avalon Bay
• GoWISE USA
• Tefal
• Bigboss
• Vonshef
• Cozyna
• Living Basix
• Homeleader
• Rosewill
• Glip
The study provides a thorough analysis and reliable revenue information for the key player for through 2029. Additionally, it includes a thorough forecast for the years 2023–2029 that is based on specific revenue information (global and regional). The following details are provided: a description of the company, its primary operations, total earnings and sales, revenue generated in the Air Fryer market, the entry date into the Air Fryer market, the introduction of the Air Fryer product, recent developments, and other details.
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Table Of Content Air Fryer Market :
- Global Air Fryer Market: Research Methodology
- Global Air Fryer Market: Executive Summary
- Market Overview and Definitions
- Introduction to Global Air Fryer Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Air Fryer Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- MA by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Air Fryer Market Segmentation
- Global Air Fryer Market, by Product (2022-2029)
- Global Air Fryer Market, by End User (2022-2029)
- Global Air Fryer Market, by Distribution Channel (2022-2029)
- Regional Air Fryer Market(2022-2029)
- Regional Air Fryer Market, by Product (2022-2029)
- Regional Air Fryer Market, by End User (2022-2029)
- Regional Air Fryer Market, by Distribution Channel (2022-2029)
- Regional Air Fryer Market, by Country (2022-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Benefits
- The study provides an in-depth analysis of the Air Fryer market, with current and future trends to elucidate the imminent investment pockets in the Air Fryer market.
- The MMR report provides information regarding drivers, restraints, and opportunities with impact analysis.
- A quantitative analysis from 2022 to 2028 is provided to showcase the financial competency of the Air Fryer market.
- Value chain analysis in the MMR report provides a clear understanding of the roles of stakeholders involved in the value chain.
- Competitive intelligence highlights business practices followed by leading Air Fryer market players across various regions.
Competitive Landscape:
The MMR market research study provides a detailed description of various Air Fryer market segments. The report was produced using both primary and secondary sources of information. Press releases, annual reports, government websites, and the opinions of several specialists, experts, analysts, and researchers from various companies in this area are among the primary research sources. Secondary sources include things like political, social, and market scenarios. A report detailing the basics for greater growth is produced using the data from these two sources.
Regional Analysis of Air Fryer Market
The MMR report looks at recent market dynamics as well as regional consumer and technology developments. Among them are:
- Asia-Pacific
- Europe
- America-North, South
- MEA
The study offers data-driven insights and recommendations on a wide range of topics. The following are some of the more important questions:
- What is the impact of regulatory changes on corporate, business, and functional strategies?
- What micromarketing initiatives by significant players will entice investors?
- Which Porters 5 Force framework and tools are the most effective?
- What are the most significant recent changes that may have an impact on the product life cycle and return on investment?
- Will there be more new opportunities in particular areas?
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