Pressure Cooker Market Size

Global Pressure Cooker Market size was valued at USD 4.9 billion in 2023 and is poised to grow from USD 5.25 billion in 2024 to USD 9.16 billion by 2032, growing at a CAGR of 7.2% during the forecast period (2025-2032).

To draw in a sizable customer base, the major market participants in the pressure cooker sector are concentrating on providing the most recent product lines. To occupy the largest possible market share, other techniques used include partnerships, mergers, and acquisitions, and the introduction of cutting-edge products. The competition is getting more intense due to the presence of major pressure cooker market players like Groupe SEB (Selongey, France), Corelle Brands LLC (Illinois, U.S.), Fissler GmbH (Idar-Oberstein, Germany), Midea Group (Foshan, China), National Presto Industries, Inc. (Wisconsin, U.S.), TTK Prestige Limited (Chennai, India), Hawkins Cookers Limited (Mumbai, India), Myer Pty Ltd. (Carlingford, Australia), Wisconsin Aluminum Foundry Co. (Wisconsin, U.S.), Conair Corporation (Connecticut, U.S.), Kuhn Rikon (Rikon, Switzerland). To maintain the escalating market competition, the market participants are implementing methods including increased R&D spending, mergers, acquisitions, and product developments. 'Groupe SEB (France) ', 'Corelle Brands LLC (United States) ', 'Fissler GmbH (Germany) ', 'Midea Group (China) ', 'National Presto Industries, Inc. (United States) ', 'TTK Prestige Limited (India) ', 'Hawkins Cookers Limited (India) ', 'Myer Pty Ltd. (Australia) ', 'Wisconsin Aluminum Foundry Co. (United States) ', 'Conair Corporation (United States) ', 'Kuhn Rikon (Switzerland) ', 'Instant Brands Inc. (United States) ', 'Newell Brands Inc. (United States) ', 'Meyer Corporation (United States) ', 'Magefesa S.A. (Spain) ', 'Manttra Inc. (United States) ', 'Silit-Werke GmbH & Co. KG (Germany) ', 'Breville Group Limited (Australia) ', 'Vita Craft Corporation (United States) ', 'WMF AG (Germany)'

During the projected period, the pressure cooker market will grow at a faster rate due to favourable regulatory and governmental policies supporting increased sales of clean cooking solutions and technological advancements.

Players on the pressure cooker market are investing in R&D initiatives and the introduction of cutting-edge technologies based on cooking techniques and materials to meet the rising demand for nontoxic pressure cookers. Pressure cookers covered in hard anodized ceramic and aluminium, among other materials, are in greater demand, according to market participants.

Due to rising output and consumption, which would spur regional acceptance of quick cooking techniques like pressure cookers, the Asian market will hold the greatest market share over the projection period. Sales in the industry are being further boosted by the rise in the adoption of innovative items. In the region, India is both the largest producer and consumer of pressure cookers.