The Crepe Makers Market is being driven by Increasing demand for energy-efficient electric crepe makers
The Crepe Makers Market is expected to grow at a CAGR of 10.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 165.1 million. In today's fast-paced world, where both parents are employed and time is a precious commodity, there has been a notable increase in the demand for appliances that can help reduce cooking time. The crepe maker, a versatile kitchen gadget, has gained significant traction in the market due to its ability to prepare various dishes quickly. With the growing trend towards convenient and time-saving solutions, the crepe maker market is poised for substantial growth, particularly among nuclear families, during the forecast period.
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The market is segmented based on segments_for_ai.nslist
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
191 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 10.5% |
Market growth 2025-2029 |
USD 165.1 million |
Market structure |
Fragmented |
YoY growth 2024-2025(%) |
8.7 |
Key countries |
US, UK, China, Canada, Japan, Germany, France, India, Italy, and Brazil |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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An intelligence report on the Crepe Makers Market: Electric crepe makers, available for both residential and commercial use, are gaining popularity at the country level. Pricing varies based on product features, crepe dynamics, and restrictions. Commercial electric crepe makers have a broader scope and face stiff competition. Household models have alternatives and substitutes in manual crepe pans. Technologies like temperature control and non-stick surfaces enhance product value. Senior executives seek winning strategies to stay ahead.
The electric crepe maker falls under the small household appliances segment of the global household appliances market. This market encompasses the revenue generated by manufacturers of electric appliances and related products, excluding televisions, personal computers, machine tools, agriculture equipment, and other consumer electronics. The market is categorized into major household appliances, small household appliances, hand tools, power tools, and garden improvement tools. As a cutting-edge innovator in the household appliance industry, the electric crepe maker offers active solutions for both household and commercial applications at the country level.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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