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Electric Lunch Box Market Research Report By Capacity (Less than 1 liter, 1-2 liters, 2-3 liters, More than 3 liters), By Power Source (AC Only, DC Only, Dual Power (AC and DC)), By Heating System (Microwave-Based, Convection-Based, Steam-Based, Other), By Material (Plastic, Metal, Glass, Ceramic), By Features (Temperature Control, Timer Function, Rechargeable Battery, Leak-Proof, App Connectivity) and By Regional (North America, Europe, South America, Asia-Pacific, Middle East and Africa) - Forecast to 2032


ID: MRFR/CR/21334-HCR | 128 Pages | Author: Sakshi Gupta| September 2024

Global Electric Lunch Box Market Overview


Electric Lunch Box Market Size was estimated at 1.17 (USD Billion) in 2022. The Electric Lunch Box Market Industry is expected to grow from 1.27(USD Billion) in 2023 to 2.65 (USD Billion) by 2032. The Electric Lunch Box Market CAGR (growth rate) is expected to be around 8.48% during the forecast period (2024 - 2032).


Global Electric Lunch Box Market Overview


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Key Electric Lunch Box Market Trends Highlighted


The rising prevalence of single-person households, hectic lifestyles, and the increasing popularity of healthy and convenient meal options are driving the growth of the electric lunch box market. Additionally, technological advancements, such as improved battery life and innovative designs, are further fueling market expansion.The shift towards reusable and environmentally friendly products presents significant opportunities for electric lunch box manufacturers. Consumers are increasingly seeking sustainable alternatives to traditional disposable lunch boxes, offering a growth avenue for eco-friendly options. Moreover, the integration of smart features, such as temperature control and smartphone connectivity, is enhancing convenience and attracting tech-savvy consumers.Recent trends in the electric lunch box market include the emergence of multi-compartment designs to accommodate diverse dietary needs. Compact and portable models are gaining popularity for their convenience, while higher-capacity models cater to larger appetites and family meals. Additionally, the market is witnessing a growing demand for lunch boxes with additional features, such as charging ports and built-in utensil storage, enhancing user experience and comfort.


Electric Lunch Box Market Drivers


Growing Demand for Convenience and Portability


The first and probably one of the most important drivers of growth is the tendency for increased convenience and portability. In the contemporary, quickly changing world, people strive to save time, and electric lunch boxes allow them to do so. They do not have to pack their lunch in a separate bag since this box is made for this purpose. Besides, they can easily heat their food in a microwave or plug the box into an outlet. Moreover, as is always the case with busy professionals, students, and parents, all the people mentioned above are constantly in a hurry, so the possibility of preparing the meal later and carrying it with them seems very convenient.Secondly, the use of electric lunch boxes has become very popular because they are practical and portable. As a rule, the appliances are rather light and compact, so there are no problems with carrying them. The target audience of the electric lunch boxes is people who are about to eat somewhere outside of their homes, and considering that the lightest lunch boxes can be carried to schools, offices, and construction sites, the appliances enjoy high demand.Moreover, this type of lunch box is, without question, the best possible choice for picnics, travels, and other open-air activities. However, convenience and portability are not the only advantages of electric lunch boxes – they also provide a number of other benefits. First, they can keep the food at the same temperature for many hours, so it is perfect for those people who have lunch in the afternoon. Second, food can be cooked in such a lunch box; as the majority of people want to eat home-cooked healthy meals, they appreciate the opportunity to steam or stew something first and then eat it on the way.Finally, such boxes are rather sophisticated and can have various timers and even temperature adjustment possibilities.


Rising Health Consciousness


Another driver of growth in the Electric Lunch Box Market is the rising health consciousness among consumers. Today, more and more people take care of their health and want to find ways to improve their diets. Electric lunch boxes can help with that since they allow people to pack and take healthy food wherever they go. Moreover, electric lunch boxes can also be used to cook healthy meals in case people want to avoid processed foods or unhealthy fats consumed in the catering at work.In addition to that, such appliances help to reduce food waste since the food heated or cooled in electric lunch boxes remains fresh for many hours and does not spoil. This helps consumers save money and decrease their impact on the environment.


Technological Advancements


There is evidence that, alongside everything else, technological advancements facilitate the growth of the Electric Lunch Box Market. Namely, during recent years, battery technology has made some enormous progress so now the task to create more powerful and high-performing electric lunch boxes is already accomplished. Accordingly, the new generation of electric lunch boxes is out there. They hold their charge for a more extended period, empowering the devices so they can reheat the food quicker.Yet still, this simplification was not enough because the devices with a uniform heating mode need special care regarding the correct operation. As a result, some new electric lunch boxes come with a temperature dial so that the users can customize the temperature of their food. Also, some devices come with timers or alarm clocks that notify the user when the food is ready. Unquestionably, these features make electric lunch boxes more user-friendly, and technological development helps them to attract more and more customers, so it is reasonable to assume that in the years to come, the technology factor will remain essential for the market.


Electric Lunch Box Market Segment Insights


Electric Lunch Box Market Capacity Insights


The Electric Lunch Box Market is divided and analyzed based on the capacity as less than 1 liter, 1-2 liters, 2-3 liters, and above 3 liters. The 1-2 liters segment is anticipated to have the highest share of the market in the forecast period. The prominent reason behind the expected market share is the growing demand for compact, integrated and portable lunch boxes. The electric lunch boxes in the capacity range of 1-2 liters serve a variety of customer base, especially among the students and office workers population. The anticipated growth is also driven by the increasing trend in meal prep and healthy, which the compact and medium sizes serving capacities promote.The less than 1 liter capacity lunch boxes are growing at a faster pace due to the surge in demand for personal use. The demand is from the individual and married population who either have small appetites or need a lunch box for snacks, and dinner meals. The Electric Lunch Box Market is expected to become a USD 2.65 billion market by 2033, growing at an 8.48 % CAGR during the forecast period. The expected growth is driven by the increasing demand from consumers for electric lunch box be a more energy-efficient and convenient equipment substitute for the traditional lunch box.The expected growth in urban population is the second reason for increasing demand as the city population is opting for compact and portable food storage facilities near their workspace. The increasing demand from growing demands for healthy eating habits and maintaining the quality of food while traveling are other driving factors of the market.


Electric Lunch Box Market


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Electric Lunch Box Market Power Source Insights


Segmentation is based on power sources used as AC Only, DC Only, and Dual Power. Among all these power sources, dual power is expected to be the largest segment in 2023. Owing to the growing trend towards electrically powered vehicles, there will be a high demand for dual power-source lunch boxes. In addition to this, the dual power source is convenient also. This is because the lunch boxes may be charged at any source where the electrical outlets are available, and also, when the vehicle is traveling through the roads, it can be charged by plugging it into the DC power source present in the vehicle.The AC Only segment is expected to hold a steady growth analyzed over the forecast period and will be in the second position of the highest share in 2023. The next growing segment is DC-only powered lunch boxes due to the increasing distribution chain of portable power banks.


Electric Lunch Box Market Heating System Insights


The Electric Lunch Box Market is segmented by Heating System into Microwave-Based, Convection-Based, Steam-Based, and Other. The Microwave-Based segment held the largest market share in 2023, accounting for over 45% of the global market revenue. The Convection-Based segment is expected to grow at the highest CAGR during the forecast period, owing to its ability to cook food evenly and quickly. The Steam-Based segment is projected to witness steady growth due to its ability to retain the nutrients and moisture of food. The Other segment, which includes thermoelectric and rechargeable battery-based heating systems, is expected to gain traction in the coming years due to advancements in technology and increasing consumer awareness of energy-efficient products.


Electric Lunch Box Market Material Insights

The Material segment of the Electric Lunch Box Market is anticipated to showcase promising growth prospects in the years to come. Among the various material types used in electric lunch box manufacturing, plastic holds a significant market share due to its affordability, lightweight nature, and ease of molding into various designs. However, metal is gaining traction as a preferred material choice owing to its durability and ability to retain heat effectively. Glass and ceramic are also witnessing increased adoption, particularly among consumers seeking eco-friendly and aesthetically pleasing options.This growth is attributed to the rising demand for convenient and portable food storage solutions, particularly among working professionals and students.


Electric Lunch Box Market Features Insights


The Electric Lunch Box Market is segmented into different features such as temperature control, timer function, rechargeable battery, leak-proof, and app connectivity. Among these features, temperature control is expected to account for the largest market share in 2023, owing to the increasing demand for electric lunch boxes that can keep food warm or cold for extended periods. The timer function feature is also gaining popularity, as it allows users to set a specific time for their lunch to be heated or cooled. Rechargeable batteries are another important feature, as they eliminate the need for disposable batteries and provide a more sustainable option.Leak-proof features are also essential, as they prevent spills and messes during transportation. App connectivity features allow users to control their electric lunch boxes remotely, which is expected to drive market growth in the coming years.


Electric Lunch Box Market Regional Insights


The Electric Lunch Box Market is segmented into North America, Europe, APAC, South America, and MEA. Among these regions, APAC is expected to hold the largest market share in the coming years due to increasing disposable income and changing lifestyles. The market in Europe and North America is also expected to grow significantly due to rising consumer awareness about healthy eating habits. These companies are continuously innovating and launching new products to meet the evolving needs of consumers.


Electric Lunch Box Market


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Electric Lunch Box Market Key Players And Competitive Insights


The Electric Lunch Box Market industry is gaining popularity owing to increasing consumer knowledge and end-users inclination towards healthy eating habits and convenience. The Electric Lunch Box Market witnesses high competitive intensity due to the higher number of emerging players entering the market with their latest product offerings. Every competitor in the Electric Lunch Box Market is striving to increase their brand presence and enrich their electricity lunchboxes in a way to caters to the needs of rapidly evolving consumers. In the Electric Lunch Box Market, emerging and established players are in the mix. Leading players in the Electric Lunch Box Market are concentrated on two different strategies: those that are focused on expanding their distribution channels, and other players are focused on enriching existing products and also satisfying the customers and creating a strong brand presence. Electric Lunch Box Market is witnessing an increase in improving strategy alliances and acquisitions, as the company wants to create a competitive advantage and leverage the advantage of business synergies themselves.Dash is one of the competitors in the Electric Lunch Box Market a leading kitchen appliance manufacturer. Dash was accustomed to stylish and perfect kitchen appliances, and their electricity lunch boxes were no exception. The product was designed to be simple, compact and lightweight and was equipped with an ergonomic handle and felt that it would fit in a school bag or purse. The lid was simple to remove, and the tray was finished in the dishwasher. Lead and talk to the people who would like to cook fresh and nutritious foods in order for busy days to take on this winter. Dash has a strong brand value of being connected well. They were aware of the simple satisfaction of customers.PR Newswire.


Key Companies in the Electric Lunch Box Market Include


 



  • SharkNinja

  • Hamilton Beach

  • Severin

  • BLACK+DECKER

  • Aroma

  • Tiger

  • Cuisinart

  • Haier

  • BRAUN

  • Toshiba

  • Panasonic

  • Zojirushi

  • Proctor Silex

  • Midea


 


Electric Lunch Box Market Industry Developments


The Electric Lunch Box Market is projected to grow significantly in the coming years, driven by increasing consumer demand for convenience and portability, as well as growing awareness of the environmental benefits of using reusable lunch containers. The market is expected to reach a valuation of USD 2.65 billion by 2032, exhibiting a CAGR of 8.48% from 2024 to 2032.Recent news developments in the market include the launch of new products with innovative features, such as temperature control and wireless charging capabilities. For instance, in 2023, the company "LunchBots" introduced a new electric lunch box with a built-in heating element, allowing users to heat their food on the go. Additionally, the growing adoption of e-commerce platforms is expected to boost the sales of electric lunch boxes, as consumers can conveniently purchase these products online.


Electric Lunch Box Market Segmentation Insights


Electric Lunch Box Market Capacity Outlook



  • Less than 1 liter

  • 1-2 liters

  • 2-3 liters

  • More than 3 liters


Electric Lunch Box Market Power Source Outlook



  • AC Only

  • DC Only

  • Dual Power (AC and DC)


Electric Lunch Box Market Heating System Outlook



  • Microwave-Based

  • Convection-Based

  • Steam-Based

  • Other


Electric Lunch Box Market Material Outlook



  • Plastic

  • Metal

  • Glass

  • Ceramic


Electric Lunch Box Market Features Outlook



  • Temperature Control

  • Timer Function

  • Rechargeable Battery

  • Leak-Proof

  • App Connectivity


Electric Lunch Box Market Regional Outlook



  • North America

  • Europe

  • South America

  • Asia-Pacific

  • Middle East and Africa

Report Attribute/Metric Details
Market Size 2022 1.17(USD Billion)
Market Size 2023 1.27(USD Billion)
Market Size 2032 2.65(USD Billion)
Compound Annual Growth Rate (CAGR) 8.48% (2024 - 2032)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year 2023
Market Forecast Period 2024 - 2032
Historical Data 2019 - 2022
Market Forecast Units USD Billion
Key Companies Profiled SharkNinja, Hamilton Beach, Severin, BLACK+DECKER, Aroma, Tiger, Cuisinart, Haier, BRAUN, Toshiba, Panasonic, Zojirushi, Proctor Silex, Midea
Segments Covered Capacity, Power Source, Heating System, Material, Features, Regional
Key Market Opportunities Increasing demand for convenience Growing awareness of health and wellness Rising consumer spending on food and beverages Expanding distribution channels Technological advancements
Key Market Dynamics Rising demand for convenience and portability Growing awareness of healthy eating habits Technological advancements in heating and insulation Increasing disposable income in emerging markets Government initiatives promoting sustainability
Countries Covered North America, Europe, APAC, South America, MEA


Frequently Asked Questions (FAQ) :

The Electric Lunch Box Market is expected to reach USD 1.27 billion in 2023 and is projected to register a CAGR of 8.48% from 2023 to 2032, reaching a total market size of USD 2.65 billion by 2032.

North America and Europe are the key regions driving the growth of the electric lunch box market due to increasing health consciousness, rising disposable income, and growing adoption of convenient and portable food storage solutions. Asia-Pacific is also expected to witness significant growth due to the increasing urbanization and growing middle-class population.

Electric lunch boxes are primarily used for storing and heating food on the go. They are ideal for individuals who spend long hours outside the home, such as students, office workers, and travelers. Electric lunch boxes are also gaining popularity for meal prepping and portion control.

Some of the key competitors in the electric lunch box market include: - Bentgo - Hamilton Beach - BLACK+DECKER - Cuisinart - Proctor Silex - Russell Hobbs - Sunbeam - Zojirushi.

The growth of the electric lunch box market is driven by several factors, including: - Increasing health consciousness and demand for convenient and healthy food storage solutions - Rising disposable income and growing adoption of portable appliances - Growing popularity of meal prepping and portion control - Technological advancements and introduction of innovative features in electric lunch boxes

The electric lunch box market faces certain challenges, such as: - Limited battery life and the need for frequent charging - Concerns about food safety and hygiene when using electric lunch boxes - Competition from traditional lunch boxes and other food storage containers.

The electric lunch box market is expected to continue growing in the coming years, driven by increasing demand for convenient and healthy food storage solutions. Technological advancements, such as improved battery life and innovative features, are expected to drive market growth further.

Some key trends in the electric lunch box market include the increasing popularity of smart lunch boxes with features such as temperature control and Bluetooth connectivity - Growing demand for eco-friendly and sustainable electric lunch boxes - Rising adoption of electric lunch boxes in corporate wellness programs, and employee benefits packages.

Electric lunch boxes have the potential for applications beyond food storage, such as: - Charging electronic devices - Providing a portable workspace with built-in lighting and USB ports - Serving as a mini-fridge for storing perishable items.

The electric lunch box market is expected to witness significant growth in the next five years, driven by increasing demand for convenience, portability, and healthy food storage solutions. Technological advancements, such as improved battery life, smart features, and innovative designs, are expected to fuel market growth further.

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