Technavio has been monitoring the air fryer market and it is poised to grow by $ 350.89 mn during 2022-2026, accelerating at a CAGR of 7.19% during the forecast period. Our report on the air fryer market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the expansion of distribution network, increasing adoption of air fryers with ENERGY STAR certification, and increasing adoption of air fryers with safety certifications.
The air fryer market analysis includes product segment and geographic landscape.
Technavio's air fryer market is segmented as below:
By Product
- Digital air fryer
- Manual air fryer
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- The Middle East and Africa
This study identifies the increased adoption of the modular kitchen as one of the prime reasons driving the air fryer market growth during the next few years. Also, the rising adoption of electric air fryers with improved designs and increasing adoption of electric fryers with built-in and automatic filtration systems will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the air fryer market covers the following areas:
- Air fryer market sizing
- Air fryer market forecast
- Air fryer market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading air fryer market vendors that include Bajaj Electricals Ltd., Breville Group Ltd., Cuisinart, De Longhi S.p.A, Gorenje Group, Gourmia Inc., GoWISE USA, Groupe SEB, Havells India Ltd., KENT RO Systems Ltd., Koninklijke Philips NV, Newell Brands Inc., CALIBER BRANDS GENERAL TRADING LLC, NuWave LLC, Solara, Spectrum Brands Holdings Inc., Stanley Black, and Decker Inc., TTK Prestige Ltd., Xiaomi Inc., and SharkNinja Operating LLC. Also, the air fryer market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary - Chart on Market Overview
- Exhibit 02: Executive Summary - Data Table on Market Overview
- Exhibit 03: Executive Summary - Chart on Global Market Characteristics
- Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
- Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary - Chart on Incremental Growth
- Exhibit 07: Executive Summary - Data Table on Incremental Growth
- Exhibit 08: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers - Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers - Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants - Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes - Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry - Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Product
- 5.1 Market segments
- Exhibit 24: Chart on Product - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
- 5.2 Comparison by Product
- Exhibit 26: Chart on Comparison by Product
- Exhibit 27: Data Table on Comparison by Product
- 5.3 Digital air fryer - Market size and forecast 2021-2026
- Exhibit 28: Chart on Digital air fryer - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Digital air fryer - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Digital air fryer - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Digital air fryer - Year-over-year growth 2021-2026 (%)
- 5.4 Manual air Fryer - Market size and forecast 2021-2026
- Exhibit 32: Chart on Manual air Fryer - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Manual air Fryer - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Manual air Fryer - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Manual air Fryer - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Product
- Exhibit 36: Market opportunity by Product ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share By Geographical Landscape 2021-2026 (%)
- Exhibit 39: Data Table on Market share By Geographical Landscape 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 North America - Market size and forecast 2021-2026
- Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.4 Europe - Market size and forecast 2021-2026
- Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.5 APAC - Market size and forecast 2021-2026
- Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 US - Market size and forecast 2021-2026
- Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.9 China - Market size and forecast 2021-2026
- Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.10 Japan - Market size and forecast 2021-2026
- Exhibit 70: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.11 UK - Market size and forecast 2021-2026
- Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.12 Germany - Market size and forecast 2021-2026
- Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity By Geographical Landscape
- Exhibit 82: Market opportunity By Geographical Landscape ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 Breville Group Ltd.
- Exhibit 89: Breville Group Ltd. - Overview
- Exhibit 90: Breville Group Ltd. - Business segments
- Exhibit 91: Breville Group Ltd. - Key offerings
- Exhibit 92: Breville Group Ltd. - Segment focus
- 10.4 Cuisinart
- Exhibit 93: Cuisinart - Overview
- Exhibit 94: Cuisinart - Product / Service
- Exhibit 95: Cuisinart - Key offerings
- 10.5 De Longhi S.p.A
- Exhibit 96: De Longhi S.p.A - Overview
- Exhibit 97: De Longhi S.p.A - Business segments
- Exhibit 98: De Longhi S.p.A - Key offerings
- Exhibit 99: De Longhi S.p.A - Segment focus
- 10.6 GoWISE USA
- Exhibit 100: GoWISE USA - Overview
- Exhibit 101: GoWISE USA - Product / Service
- Exhibit 102: GoWISE USA - Key offerings
- 10.7 Groupe SEB
- Exhibit 103: Groupe SEB - Overview
- Exhibit 104: Groupe SEB - Business segments
- Exhibit 105: Groupe SEB - Key news
- Exhibit 106: Groupe SEB - Key offerings
- Exhibit 107: Groupe SEB - Segment focus
- 10.8 Havells India Ltd.
- Exhibit 108: Havells India Ltd. - Overview
- Exhibit 109: Havells India Ltd. - Business segments
- Exhibit 110: Havells India Ltd. - Key news
- Exhibit 111: Havells India Ltd. - Key offerings
- Exhibit 112: Havells India Ltd. - Segment focus
- 10.9 Koninklijke Philips NV
- Exhibit 113: Koninklijke Philips NV - Overview
- Exhibit 114: Koninklijke Philips NV - Business segments
- Exhibit 115: Koninklijke Philips NV - Key news
- Exhibit 116: Koninklijke Philips NV - Key offerings
- Exhibit 117: Koninklijke Philips NV - Segment focus
- 10.10 NuWave LLC
- Exhibit 118: NuWave LLC - Overview
- Exhibit 119: NuWave LLC - Product / Service
- Exhibit 120: NuWave LLC - Key offerings
- 10.11 Stanley Black and Decker Inc.
- Exhibit 121: Stanley Black and Decker Inc. - Overview
- Exhibit 122: Stanley Black and Decker Inc. - Business segments
- Exhibit 123: Stanley Black and Decker Inc. - Key news
- Exhibit 124: Stanley Black and Decker Inc. - Key offerings
- Exhibit 125: Stanley Black and Decker Inc. - Segment focus
- 10.12 TTK Prestige Ltd.
- Exhibit 126: TTK Prestige Ltd. - Overview
- Exhibit 127: TTK Prestige Ltd. - Product / Service
- Exhibit 128: TTK Prestige Ltd. - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 129: Inclusions checklist
- Exhibit 130: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 131: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 132: Research methodology
- Exhibit 133: Validation techniques employed for market sizing
- Exhibit 134: Information sources
- 11.5 List of abbreviations
- Exhibit 135: List of abbreviations