The demand for an induction cooker market is projected to increase the global indoor cooking market at USD 10.26 billion in 2021 and a CAGR of 6.1% are expected to increase at the CAGR of 6.8% by 2030, growing at a CAGR of 6.1% and the expected to increase the global cookware value of USD induction cooker billion by 2030, growing at a CAGR of 6.%% The induction cooker market is projected to increase at the compound annual growth rate (CAGR) of 6.2% to reach USD 30.0 billion by 2030.
As an induction cooker, the induction cooker market is among the most commonly used type of stoves in the world. As high-power electric stoves have to offer energy-efficient heat and, a rising induction cooker market value, the price of national induction cooker stoves is commonly used by many around the world. As high power electric stoves demand, the high-power electric stoves also occupy a space and an ideal choice for outdoor induction cookers.