An electric lunch box allows users to heat up or keep their food warm while on the go. It incorporates heating elements that keeps food warm and fresh until it is consumed. Features such as multiple temperature settings allows users to customize the temperature according to the type of food. Electric lunch boxes are convenient to use as it eliminates the need to find access to microwave ovens or stoves to reheat food, making it ideal for people with busy schedules.
The global Electric Lunch Box Market is estimated to be valued at US$ 600.8 Mn in 2023 and is expected to exhibit a CAGR of 7.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The convenience offered by electric lunch boxes has been a major factor driving the market growth. Busy work schedules leave little time for elaborate meals, leading to increased demand for easy to use, portable food containers that can heat food on the go. Electric lunch boxes have emerged as a perfect solution for on-the-go consumers to enjoy warm meals anywhere. Advancements including compact size, lightweight design and rechargeable batteries have enhanced their portability. The industry is also witnessing introduction of smart electric lunch boxes that can be controlled via mobile apps, allowing users to pre-set temperatures remotely. Such innovative features are gaining popularity among young professionals and students.
The electric lunch box market can be segmented into dual compartment lunch boxes, non-compartment lunch boxes. The dual compartment lunch boxes segment dominates the market as these boxes allow keeping hot and cold food separately, preventing mixing of flavors and ensuring proper food safety. These boxes are designed ergonomically with insulation and ability to keep food warm or cold for extended durations.
The global electric lunch box market is expected to witness high growth over the forecast period of 2023 to 2030 supported by rising health consciousness among consumers and busy lifestyles. Consumers are preferring electric lunch boxes to carry pre-cooked or takeaway meals to work or college in a safe and hygienic manner.
Asia Pacific is expected to be the fastest growing regional market for electric lunch boxes owing to rising incomes, rapid urbanization, and increasing nuclear families in countries like India and China. Developed nations like Japan and South Korea already have high penetration of electric lunch boxes. Increasing awareness about convenience foods and awareness of food safety issues is also propelling the electric lunch box market growth in Asia Pacific.
Key players operating in the electric lunch box market are Crock-Pot (Owned by Sunbeam Products, Inc.), Zojirushi Corporation, Ecolunchbox, Gideon, Hot Logic, Milton, Electric Lunchbox Co., Cello World, Preethi Kitchen Appliances Pvt. Ltd., Skysonic, Milton (Hamilton Housewares Pvt. Ltd.), Mr. Bento, Grub2Go, Sovereign, NutriBox. Crock-Pot dominates the market with its diverse product portfolio and strong distribution network across major countries.
- Source: Coherent Market Insights, Public sources, Desk research
- We have leveraged AI tools to mine information and compile it