Crepe Makers Market Size to Grow by USD 127.79 million with 37% of the contribution from North America – 17,000+ Technavio Reports – QNT Press Release


NEW YORK, Aug. 19, 2022 /PRNewswire/ — The “Crepe Makers Market Forecast and Analysis 2022-2026″ report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the crepe makers market between 2021 and 2026 is USD 127.79 millionas per the latest market analysis report by Technavio. The report predicts the market to witness an accelerating growth momentum at a CAGR of 8.18%. Technavio categorizes the global crepe makers market as a part of the global household appliances market within the global household durables industry. Our report provides extensive information on the value chain analysis for the crepe makers market, which vendors can leverage to gain a competitive advantage during the forecast period. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

For more insights on scope and value chain analysis, Read a FREE Sample Report

Key Market Dynamics:

  • Market Driver: The increasing demand for energy-efficient electric crepe makers is a key factor influencing the market growth positively during the forecast period. Vendors in the market are coming up with several models of energy-efficient crepe makers that consume less power, even when used for longer. The cost of electricity is rising across the globe. Therefore, consumers are looking for better substitutes for cooking and kitchen appliances. The easy portability of the appliance and its ease of cleaning are other factors that support the price and sales of electric crepe makers.
  • Market Challenge: The requirement for high initial capital investments will be a major challenge for the crepe makers market during the forecast period. The cost of investment in the manufacturing and distribution of cooking appliances continues to be a roadblock to market growth globally. Digital technologies are used in appliances to improve their functionality and performance. Hence, these devices are more in demand among consumers. The high initial capital investments are a challenge for the market as all companies are not financially …

Full story available on Benzinga.com



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