Global Egg Steamer Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Egg Steamer is a compact-sized kitchen appliance that cooks eggs through steam. Egg steamer comes with a hot plate attached to its base for steaming of eggs. Furthermore, the eggs are covered with a lid. When the egg steamer is switched on, the hot plate heats up and boils the water, creating steam that cooks the eggs. The increasing expansion of food & beverage sector and growing adoption of energy-efficient kitchen appliances as well as strategic initiatives from leading market players are key drivers accelerating the market growth.

The rising expansion of food & beverages sector is contributing to the growth of the Global Egg Steamer market. For instance, according to Statista - as of 2022, revenue in the global Food & Drink segment is valued at USD 0.74 billion, and the total revenue is expected to show a compounded annual growth rate of 9.11% between 2022-2026, to reach a projected market volume of USD 1.05 bn by 2026. Furthermore, the increasing adoption of energy-efficient household appliances is also driving market growth. For instance, as per Statista - as of 2022, the revenue in the Household Appliances segment is estimated at USD 252.80 billion, and the revenue is expected to show an annual growth rate of 9.77% in 2022-2025 period, to reach the projected market volume of USD 334.40 billion by 2025. Also, rising growth of working population coupled with growing emergence of online distribution channels would create a lucrative growth prospectus for the market over the forecast period. However, the high cost associated with Egg Steamer, coupled with lack of awareness and penetration of egg steamers in developing countries impede the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Egg Steamer Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of global market share owing to presence of leading market players as well as increasing adoption of egg steamers in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising penetration of online e-commerce platforms, increasing number of working individuals, and presence of leading market players in the region.

Major market players included in this report are:

Conair Corporation

Joyang Co. Ltd.

Domu Brands Limited

Konka Group Co. ltd.

Amoni Enterprise Pty Ltd.

Airmate Company Inc

Guandong Chigo Co. Ltd

Guandong Tonze Electric Co. Ltd.

Midea Investing Holding Co. Ltd

Severin Elektrogerate GmbH

Recent Developments in the Market:

In February 2022, India based Crompton Greaves announced the acquisition of Butterfly Gandhimathi Appliances. The company entered into a definitive agreement to acquire 55% stake in Butterfly Gandhimathi Appliances at USD 17.04 per equity share, and trademarks for a consideration of USD 3.69 million. Butterfly is a leading manufacturer of kitchen and small domestic appliances.
In February 2022, Wisconsin, United States based Spectrum Brands Holdings, Inc., a leading consumer products and home essentials company entered into a definitive agreement to acquire the home appliances and cookware business of New Jersey, USA based Tristar Products, Inc. for transaction value of USD 325 million.
Global Egg Steamer Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Product Type, Technology, Application, Distribution Channel, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type

Single Layer Egg Steamer

Multi-Layer Egg Steamer

By Technology

Mechanical

Computer Controlled

By Application

Residential

Restaurants

Hotels, Cafes

Corporate Canteens

By Distribution Channel

Hypermarkets

Electronic Stores

Specialty Stores

Online Retail

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

RoLA

Rest of the World