The Global Household Slicer Market size is expected to reach $465.7 Million by 2026, rising at a market growth of 7.2% CAGR during the forecast period. A food slicer and dicer can be referred as a tool utilized to chop food items in different sizes. The availability of food slicers and dicers is varied on the basis of the type of food required to be chopped.
Food slicers are formed of rough die-cast aluminum that envelops the joints with a unique slanted cutting surface, which allows easy slicing. Majority of the slicers contains adaptable thickness regulator that varies from deli-thin to half an inch. To slice products like cheese, fruits, meat, and vegetables, the detachable stainless-steel blades are ideal. Technological advancement has assisted commercial slicers and dicers to enhance the quality of food and expand productivity. The market of food slicers and dicer is highly divided with the existence of numerous players. Nonetheless, dicer and commercial slicer producers are integrated due to adherence to standards and certifications.
The rising inclinations for food slicers because of the growth in the significance of thriving food bloggers and food consumption is expected to boost market growth. Home-based food slicers are getting growing prominence as they decrease the required time to chop different kinds of foods as compared to conventional equipment like household slicer. The rising inclination for effective food equipment across the residential segment is accelerating the demand for household slicers. The acceptance, introduction, and adoption of new and foreign cuisines and the rising trend of finger foods are probably going to boost the demand for specialized tools.
Based on Product, the market is segmented into Manual and Automatic. In 2019, manual slicers held the highest share of the revenue. The growing availability of an item at various ranges of prices has been a significant component boosting the segment. These items provide superior accuracy, enhanced control, and clean slicing of food items, such as fruits and vegetables. The increasing interest in cooking shows, specifically among the youth population, boosts the demand for plain slicers so as to have all the necessary equipment while cooking at home.
Based on Distribution Channel, the market is segmented into Online and Offline. The segment of the online distribution channel is anticipated to observe the highest growth during the forecast period with a major CAGR. The rising penetration of the Internet among the middle-class income group, alongside the growing utilization of smartphones and similar devices, is among the major reasons behind the increasing prominence of online retail channels. Customers are quickly moving towards online purchasing with the growth of e-commerce giants like Amazon, Alibaba, eBay, and JD.com.
| Report Attribute | Details |
|---|---|
| Market size value in 2019 | USD 286.8 Million |
| Market size forecast in 2026 | USD 465.7 Million |
| Base Year | 2019 |
| Historical Period | 2016 to 2018 |
| Forecast Period | 2020 to 2026 |
| Revenue Growth Rate | CAGR of 7.2% from 2020 to 2026 |
| Number of Pages | 119 |
| Number of Tables | 239 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling |
| Segments covered | Component, Application, End User, Delivery Mode, Type, Region |
| Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Australia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
| Growth Drivers |
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| Restraints |
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Free Valuable Insights: Global Household Slicer Market to reach a market size of $465.7 Million by 2026
Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. Asia Pacific is anticipated to observe the high growth during the forecast period with a major CAGR. China, India, Japan, South Korea, Singapore, and India are the major markets that offer various growth opportunities for the product in the next few years. The high amount of penetration and availability of utility slicers in the residential segments of the region are encouraging customers to choose low- and medium-priced items. Nonetheless, the growing preferences of customers to putting investment in superior-quality conventional equipment for testing different and new cuisines is anticipated to boost the demand for the product in the region.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sirman s.p.a, Weber Maschinenbau GmbH, Deville Technologies, Inc., MHS Schneidetechnik GmbH, Foodmate, Inc., Bizerba SE & Co. KG, Magurit Gefrierschneider GmbH, Swedlinghaus Srl, Hallde and Brunner-Anliker GmbH.
By Product
By Distribution Channel
By Geography
Companies Profiled
The household slicer market size is projected to reach USD 465.7 million by 2026.
There are several reason that cause high demand of this market one of them is rise in disposable income of people and new preferences will likely to drive the market growth.
The market was dominated by the offline distribution channel and represented a significant share in 2019.
Sirman s.p.a, Weber Maschinenbau GmbH, Deville Technologies, Inc., MHS Schneidetechnik GmbH, Foodmate, Inc., Bizerba SE & Co. KG, Magurit Gefrierschneider GmbH, Swedlinghaus Srl, Hallde and Brunner-Anliker GmbH.
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