Drivers and Trends Benefits Solar Cooker Market to Grow at 8.58% CAGR

According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on Solar Cooker Market - Industry Trends and Forecast to 2028 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.

Global Solar Cooker Market Analysis and Size

The Global Solar Cooker market is expected to grow at a CAGR of around 8.58% during the forecast period, 2023-28.

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Some of the major players operating in the Solar Cooker Market are Tellco Europe, Glenergy Inc, Gosun, SoLenium Technology, Simplified Technologies for Life Pvt. Ltd., Kavita Solar Energy Private Limited., Greenmax Technology, Rudra Solar Energy, Hainess Solar cookers LLC, SunMitra Solar Pvt. Ltd, Suryatech Solar Systems, Earth Cardboard Co. Ltd, HainingJuYang New Energy Co., Ltd, KECUP, MrMapMax, Indian Oil Corporation Limited (IOCL), and Others.

Solar Cooker Market Growth Driver:

Growing Inclination of the Residents & Governments Towards the Use of Sustainable Products - Rising CO2 emissions across regions globally as a consequence of an upsurge in the consumption of fossil fuels for residential projects, manufacturing facilities, and the energy & utility sectors have intensified government concerns about the use of sustainable alternatives. As a result, to combat rising carbon emissions, the government & various non-governmental organizations are increasingly promoting the use of solar-powered cooktops or cookers to replace traditional sources of cooking such as firewood, coal, and others. 

Moreover, the rising prevalence of respiratory diseases among rural residents is widely supporting the sale of solar cookers, especially since there is an inability to access LNG in rural areas. In response, governments are increasingly distributing solar cookers to the rural populace to boost awareness & reduce disease burdens. For instance, according to Solar Cookers International, approximately 2.4 billion residents globally cook food using polluting fuels & look for a way out of energy poverty.

Thus, to provide the residents with efficient as sustainable cooking alternatives, PURAMS (Productive Use in Rural Africa Markets using Standalone Solar), in 2022, announced to develop of a standalone solar cooker to address the challenges caused by traditional cooking methods faced by rural communities across Mozambique, Rwanda, and Kenya among others.

In light of these initiatives by non-government organizations & governments across countries to raise awareness of solar cookers by conducting distribution activities in rural areas, the global market for solar cookers is expected to continue to grow during 2023-2028.

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Market Segment and Geographical Analysis

By Type

• Solar Box Cooker
• Solar Panel Cooker
• Solar Parabolic Cooker
• Others (Trough Cookers, and Evacuated Tube Cookers)

By End User

• Residential
• Commercial

By Distribution Channel

• Online
• Offline
  • Hypermarkets & Supermarkets
  • Retailers

By Region

• North America
• Latin America
• Europe
• The Middle East & Africa
• South East Asia

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