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Wednesday, November 8, 2023

Global Electric Chapati Maker Market is Anticipated to Grow at a CAGR of 4.1% during 2024 to 2030

The future of the global electric chapati maker market looks promising with opportunities in the commercial and household markets. The global electric chapati maker market is expected to reach an estimated $41.6 million by 2030 with a CAGR of 4.1% from 2024 to 2030. The major drivers for this market are growing prices of cooking gas, increasing number of working individuals, and rising preference for convenience cooking solutions.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the electric chapati maker market by type (fully-automatic, semi-automatic, and manual), capacity (less than 100 chapatis, 100 to 500 chapatis, and more than 500 chapatis), end use (commercial, household, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, less than 100, 100 to 500, and more than 500 are the major segments of electric chapati maker market by capacity. Lucintel forecasts that less than 100 is expected to witness the highest growth over the forecast period due to its considerable usage in residential space like homes.Within this market, household is expected to witness the higher growth due to rising need among individuals and families for electric chapati makers as household kitchen gadgets to expedite cooking and streamline the chapati-making process.

APAC is expected to witness highest growth over the forecast period due to rapid urbanization, growing populations's disposable income, and presence of key players in the region.

Prestige, Bajaj, Philips, Rotimatic, Kenstar, Wonderchef, Maharaja Whiteline, Havells, Sunflame, and Jaipan are the major suppliers in the electric chapati maker market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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