The expanding usage of electric peeler across the globe for increasing the productivity is expected to bolster the product demand in the forecast period, 2023-2027.
According to TechSci Research report, “Electric Peeler Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027”, the global Electric peeler market is anticipated to witness a growth of steady CAGR in the forecast period, 2023-2027. An electric peeler refers to a kitchen tool which comprises of a metal blade with a sharp edge attached to a handle which is widely utilized to eliminate the outer layer of numerous vegetables and fruits, including carrots, potatoes, apples, pears, etc. The escalating demand for automatic fruit and vegetable peeler on account of the technological advancements in the industry that has allowed smooth and efficient working of processes which reduces labor efforts. The elevating urbanization levels and the development of industries are further propelling the growth of the market. In addition to this, the opening of new and continued branches of restaurants, fast-food joints, and cloud kitchens, escalating the demand for an electric fruits and vegetable peelers to cope up with the service. The growing demand for automatic fruit and vegetable peelers along with rise in demand for food and beverage products due to the expanding population and the economy. This, in turn, propels the market growth. Additionally, electric fruit and vegetable peelers presently are productive to very few fruits and vegetables, thereby, it sustains high innovation potential, which is creating new opportunities for the volume of sales to rise. All these aforementioned factors are expected to augment the market growth in the forthcoming years.
However, the launch of various novel products on high-cost range is restraining the growth of the electric peeler market.
Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on "Global Electric peeler Market"
The global electric peeler market is segmented based on type, price range, application, distribution channel, company, and regional distribution.
Based on the type, the market is divided into automatic peeler and semi-automatic peeler. Automatic peeler segment is projected to fuel the growth of the market during the forecast years, 2023-2027. The consumers are demanding high speed electric peeler which is further propelling the segmental growth.
Based on applications, the market is bifurcated into household and commercial. Commercial segment is expected to share a significant market in the forecast period, 2023-2027. The electric peeler is on high demand in the commercial sector for the productive work in minimal time which supports the market growth.
Based on the price range, the market is segmented into low, medium, and high. The medium price range segment is expected to hold the significant share in the market in the forecast period, 2023-2027. The rising awareness among the people regarding the use of electric peeler especially across Asia-Pacific region due to the efficient work in less time period propels the growth of the market.
Based on distribution channel, the market is bifurcated into offline and online. The online segment is expected to account for the significant share in the market in the forthcoming years, 2023-2027. Expanding e-commerce sector is driving the product demand through the online services which accelerates fuels he segmental growth.
Based on regional analysis, the North America region is expected to dominate the global electric peeler market in the forecast period. The growing adoption of electric peeler in residential as well as commercial places and the rising number of product need across the globe are further propelling the growth of the market.
Leading market players operating in the global electric peeler market are:
- Shenzhen Jisu Technology Co., Ltd.
- Spike ECom
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“Electric peeler has proven to be cost-effective, and the amount of effort needed to handle the machine is very less, which ease the labor work and enhance productivity. In addition to this, the output of automatic fruit and vegetable peeler in terms of waste generation, peeled fruits, and vegetables, etc., is high when compared to manual peeling of fruits and vegetables, which is contributing to the growth of the electric peeler market. Also, the increasing availability of fully automatic fruits and vegetable peelers enables the stacking and dumping of items and performs all tasks such as peeling, removing, and separating the usable and unusable scrap while enhancing the work efficiency. All these aforementioned factors are anticipated to drive the growth of the market across globe till 2027” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Electric peeler Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027 By Type (Automatic Peeler, Semi-automatic Peeler), By Applications (Household, Commercial), By Price Range (Low, Medium, High), By Distribution Channel (Online, Offline) and By Region”, has evaluated the future growth potential of global electric peeler market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global electric peeler market.
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