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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
Major market players are investing in research and development of innovative air fryers to meet evolving customer demands
| Company | Founded | Headquartered | Specialization |
| Koninklijke Philips N.V. | 1891 | Amsterdam, Netherlands | Manufacturing innovative electrical appliances including air fryers |
| SharkNinja Operating LLC | 1993 | Massachusetts, United States | Designs, markets, and distributes innovative electronic gadgets for home uses |
| Newell Brands, Inc. | 1903 | New York, United States | Leading consumer goods manufacturing company which specialises in manufacturing air fryers |
| Breville Group Limited | 1932 | Sydney, Australia | Design, development, and marketing of small size kitchen appliances worldwide |
Other market players include Havells India Ltd., TTK Prestige Ltd., NuWave, LLC., Faber S.p.A, United Gain Limited, and Corelle Brands LLC (Instant), among others.
Air Fryer Market Report Snapshots
Air Fryer Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 1,020.34 million.
The market is estimated to grow at a CAGR of 7% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 1,875.85 million by 2032.
The market is being driven by the innovations in cooking technologies, launch of new kitchen appliances, and innovations in appliance manufacturing processes.
The key trends aiding the market expansion include increasing inclination towards health and fitness, benefits of convenience and satisfaction, increase in establishment of hotels and restaurants, and growing popularity of online distribution channels.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of air fryers include drawer type and lid type.
The major players in the market are Koninklijke Philips N.V., SharkNinja Operating LLC, Newell Brands, Inc., Breville Group Limited, Havells India Ltd., TTK Prestige Ltd., NuWave, LLC., Faber S.p.A, United Gain Limited, and Corelle Brands LLC (Instant), among others.
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