Roti Maker Market by End-User and Geography - Forecast and Analysis- 2022-2026

The Roti Maker Market is projected to grow by USD 34.32 million with a CAGR of 4.29% during the forecast period 2021 to 2026.

This roti maker market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers roti maker market segmentation by end-user (commercial and residential) and geography (APAC, North America, Europe, the Middle East and Africa, and South America). The roti maker market report also offers information on several market vendors, including Bajaj Vacco electrical, Brentwood Appliance Inc., Fortune Engineering, iBELL, Jackson Machine, Jaipan Industries Ltd., Miyako Appliance Ltd., Mukunda Foods Pvt Ltd, Nexgen India Food Machine Industries, Prabhat Machine Tools, Rallison Appliances Pvt. Ltd., Sunflame Enterprises Pvt. Ltd., Treasure Retail Pvt. Ltd., TTK Prestige Ltd., and Zimplistic India Pvt Ltd. among others.

What will the Roti Maker Market Size be During the Forecast Period?

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Roti Maker Market: Key Drivers, Trends, and Challenges

The growth in online sales is notably driving the roti maker market growth, although factors such as fluctuations in raw material prices and operational costs may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the roti maker market industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Roti Maker Market Driver

The growth in online sales is one of the key factors driving the global roti maker market growth. Globally, shoppers are purchasing household appliances, such as kitchen appliances, including roti makers, online due to the rising consumer accessibility to the Internet. The increasing penetration of smartphones and other technologically advanced gadgets is promoting the sales of household appliances globally. Consumers visit online platforms to check out new products and restock the used ones. Convenience, easy access to products, better promotions, and on-time delivery are the major benefits offered by online platforms, which encourage consumers to purchase household products online. Consumers can browse through several e-commerce sites to buy household products in the best price range. Moreover, with online retailers offering security features for online payments, improved customer service, free delivery options, and easy-to-navigate shopping websites, a growing number of consumers are likely to use online retail portals for purchasing roti makers. Therefore, the rising awareness among consumers about the convenience of online shopping and various associated benefits has resulted in the increasing presence of a large number of online retailers, which offer a wide variety of products in the global roti maker market. Such factors will drive the growth of the global roti maker market during the forecast period.

Key Roti Maker Market Trend

The growing adoption of smart household appliances will fuel the global roti maker market growth. The rising demand for household appliances and advanced and innovative products increases opportunities for vendors to introduce smart household appliances. These smart household appliances are user-friendly, equipped with various features, and aesthetically improved. These improved features and advances in technology provide users with efficient household applications. In addition, smart household appliances offer several features that enable users to explore various other applications on one device. Moreover, smart household appliances are equipped with different features such as Energy Star certification, hassle-free maintenance, an alert system, enhanced safety, remote control, and other functionalities. The growing preference for smart household appliances has led certain vendors operating in the global roti maker market to offer smart roti makers. Thus, the introduction of such smart roti makers is expected to garner the attention of consumers and positively impact the growth of the global roti maker market during the forecast period.

Key Roti Maker Market Challenge

Fluctuations in raw material prices and operational costs are the major challenges to the global roti maker market growth. The market price of household appliances, such as kitchen appliances, including roti makers, depends on manufacturing costs, labor costs, the prices of raw materials, transportation costs, and marketing costs. Fluctuations in the prices of raw materials directly impact the price of products or the profit margins of manufacturers. The manufacturing of kitchen appliances, such as roti makers, includes the procurement and use of several raw materials, such as steel, iron, plastic, glass, electronic equipment, and paints. The prices of these materials are subject to change and fluctuate with international prices. In addition, metallic raw goods and components used for manufacturing the finished product are expensive. The procurement of such raw materials includes add-on costs such as transportation and other necessary services, the constraints of suppliers, and the inability to maintain favorable arrangements with suppliers for the adequate and timely delivery of raw materials. Such concerns are expected to adversely affect the growth of the global roti maker market during the forecast period.

This roti maker market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global roti maker market as a part of the global household appliances market within the global household durables industry. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the roti maker market during the forecast period.

Who are the Major Roti Maker Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

• Bajaj Vacco electrical
• Brentwood Appliance Inc.
• Fortune Engineering
• iBELL
• Jackson Machine
• Jaipan Industries Ltd.
• Miyako Appliance Ltd.
• Mukunda Foods Pvt Ltd
• Nexgen India Food Machine Industries
• Prabhat Machine Tools
• Rallison Appliances Pvt. Ltd.
• Sunflame Enterprises Pvt. Ltd.
• Treasure Retail Pvt. Ltd.
• TTK Prestige Ltd.
• Zimplistic India Pvt Ltd.

 

This statistical study of the roti maker market encompasses successful business strategies deployed by the key vendors. The roti maker market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

• bajajvacco.com - The company offers roti makers, namely Bajaj Vacco New GoEzzee Chapati maker with Coating wattage 900.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.

The roti maker market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Roti Maker Market Value Chain Analysis

Our In-house experts produce extensive information on the value chain and parent market of the roti maker market, which vendors can leverage to gain a competitive advantage during the forecast period. The Value Chain information provides an end-to-end understanding of product insight and profit and also optimization and evaluation of business strategies The players across the value chain includes selective data and analysis from entire research findings as per the scope of the report.

The value chain of the global household durables industry includes the following core components:

• Inputs
• Inbound logistics
• Operations
• Outbound logistics
• Marketing and sales
• Service
• Support activities
• Innovation

The report has further elucidated other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

Which are the Key Regions for Roti Maker Market?

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60% of the market’s growth will originate from APAC during the forecast period. India is the key market for the roti maker market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The growth in online sales will facilitate the roti maker market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID-19 Impact and Recovery Analysis

In 2020, the COVID-19 pandemic negatively impacted the growth of the roti maker market in APAC. To contain the spread of COVID-19, governments of various countries, including India, China, and Japan, were forced to impose lockdowns, pushing commercial end-user facilities such as hotels and restaurants, canteens, and railway and defense facilities to temporarily close their units in accordance with government guidelines in the first two quarters of 2020. Therefore, the adoption of such policies negatively impacted the growth of the regional roti maker market in 2020. However, due to the prolonged lockdown across APAC, consumers started adopting healthy homemade food items such as rotis, to meet their daily healthy food needs without disrupting their busy lifestyles or damaging their health. Therefore, vendors adopted effective techniques to promote roti makers online in Q3 2020, helping the market to cope with the pandemic's negative effects by registering growth through online segments. Furthermore, lockdown restrictions were lifted in 2021 as a result of extensive vaccination drives conducted across the region. This resulted in the resumption of operations in restaurants, canteens, hostels, and other end-user facilities, which has increased the demand for roti makers in the region. Such factors are expected to prompt the growth of the roti maker market in APAC during the forecast period.

What are the Revenue-generating End-user Segments in the Roti Maker Market?

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The roti maker market share growth in the commercial segment will be significant during the forecast period. In 2021, the commercial end-user segment was the largest and fastest-growing segment of the global roti maker market. The primary reasons driving the growth of the market include increasing demand for indigenous crop-based fiber-rich food products such as rotis or chapatis, a growing elderly population across the globe, and the convenience of mass manufacturing of rotis by employing roti makers. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the roti maker market size and actionable market insights on the post-COVID-19 impact on each segment.

 

Roti Maker Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 4.29%
Market growth 2022-2026	$34.32 million
Market structure	Fragmented
YoY growth (%)	3.52
Regional analysis	APAC, North America, Europe, the Middle East and Africa, and South America
Performing market contribution	APAC at 60%
Key consumer countries	US, Canada, India, Australia, and UK
Competitive landscape	Leading companies, Competitive Strategies, Consumer engagement scope
Key companies profiled	Bajaj Vacco electrical, Brentwood Appliance Inc., Fortune Engineering, iBELL, Jackson Machine, Jaipan Industries Ltd., Miyako Appliance Ltd., Mukunda Foods Pvt Ltd, Nexgen India Food Machine Industries, Prabhat Machine Tools, Rallison Appliances Pvt. Ltd., Sunflame Enterprises Pvt. Ltd., Treasure Retail Pvt. Ltd., TTK Prestige Ltd., and Zimplistic India Pvt Ltd.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Roti Maker Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive roti maker market growth during the next five years
• Precise estimation of the roti maker market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the roti maker industry across APAC, North America, Europe, the Middle East and Africa, and South America
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of roti maker market vendors

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