Pressure Cooker Market Size | Forecast 2025 To 2033

Pressure Cooker Market Overview

The Pressure Cooker Market size was valued at USD 6598.64 million in 2024 and is expected to reach USD 6598.64 million by 2033, growing at a CAGR of 3.5% from 2025 to 2033.

The global pressure cooker market continues to grow as consumers demand faster, energy-efficient, and healthier cooking methods. In 2023, more than 120 million pressure cookers were in use worldwide, with over 68 million units actively used in household kitchens. The market is segmented into electric pressure cookers and ordinary stovetop energy pressure cookers, both seeing distinct usage trends across residential and commercial sectors.

Asia-Pacific dominated the global pressure cooker landscape, accounting for approximately 54% of all units sold in 2023, with China and India as primary contributors. Over 37 million pressure cookers were sold in China alone last year. Increasing urbanization, a rising middle-class population, and changing dietary habits are boosting demand for automated cooking solutions. Electric pressure cookers are especially popular in developed economies, while traditional stovetop models remain prevalent in price-sensitive markets.

Modern pressure cookers now feature multi-functionality, allowing users to steam, sauté, slow cook, and even bake. More than 21 million electric pressure cookers sold in 2023 included smart features such as programmable settings and voice assistant integration. Commercial kitchens, meanwhile, are incorporating industrial-grade pressure cookers with capacities exceeding 10 liters, allowing bulk cooking with minimal energy waste.

Key Findings

Top Driver reason: Rising demand for time-efficient and energy-saving cooking appliances.

Top Country/Region: China dominated unit sales with over 37 million units sold in 2023.

Top Segment: Electric pressure cookers held the largest share, contributing to over 53% of global sales in 2023.

Pressure Cooker Market Trends

The pressure cooker market is influenced by consumer lifestyle changes, smart home integration, and eco-conscious product designs. A key trend in 2023 was the increasing preference for electric pressure cookers. Globally, over 64 million electric pressure cookers were sold last year, marking a 9.5% increase from 2022. These cookers gained popularity for their digital displays, pre-set menus, and safety enhancements.

Smart pressure cookers featuring Wi-Fi and Bluetooth connectivity are gaining traction. In 2023, over 5.4 million smart pressure cookers were sold globally, with North America accounting for 41% of these sales. Consumers are seeking appliances that can be monitored and controlled remotely using mobile applications. Brands now offer integration with voice assistants such as Alexa and Google Assistant, allowing hands-free operation.

Stainless steel has overtaken aluminum in preference due to health and durability concerns. In 2023, 72% of electric pressure cookers sold globally used stainless steel inner pots, offering better corrosion resistance and longevity. Aluminum cookers remain common in the low-cost category, especially in Asia and Africa, with 38 million units sold globally in 2023.

Another trend is the expansion of multi-use cookers. Over 22 million pressure cookers sold in 2023 were labeled as 6-in-1 or 7-in-1 cookers, incorporating functions such as rice cooking, slow cooking, steaming, and yogurt making. These multi-functional units appeal to urban consumers who prioritize kitchen space and efficiency.

Commercial kitchens, including hotels, restaurants, and catering units, are shifting toward larger electric pressure cookers with digital timers, programmable pressure levels, and safety interlocks. In 2023, commercial models exceeding 12-liter capacity accounted for over 1.8 million units sold globally. These are favored in institutional settings like hospitals and school canteens for their large-scale batch processing.

Online retail channels are increasingly popular for pressure cooker purchases. In 2023, e-commerce accounted for 43% of total global pressure cooker sales. Brands like Hawkins, Prestige, and Philips offered exclusive models and bundle deals online, driving significant consumer interest. Social media promotions, influencer-led cooking tutorials, and seasonal discount campaigns contributed to a surge in digital adoption.

Pressure Cooker Market Dynamics

DRIVER

Rising demand for time-efficient and energy-saving cooking appliances.

With an increasing number of dual-income households and busy lifestyles, consumers are shifting toward cooking appliances that reduce meal preparation time. In 2023, the average pressure cooker reduced cooking time by 42% compared to conventional cookware. Energy usage was also reduced by approximately 38% due to steam trapping and faster heat distribution. More than 32 million households globally purchased pressure cookers to replace older cookware, particularly in urban areas. In emerging economies, over 18 million first-time pressure cooker buyers cited time savings as their primary reason for purchase.

RESTRAINT

Product recalls and safety concerns.

Pressure cookers, especially low-quality models, have been associated with potential safety risks, including lid explosions, steam burns, and malfunctioning pressure valves. In 2023, there were over 250,000 pressure cooker units recalled across the U.S. and Canada due to defective safety seals. As a result, regulatory authorities have imposed stricter quality compliance standards. These include requirements for locking mechanisms, pressure indicators, and automated shutoff systems. Consumers in developed markets are cautious, often demanding third-party safety certifications, which increases production costs for manufacturers.

OPPORTUNITY

Rising adoption in commercial kitchens and food processing units.

There is growing opportunity in the commercial sector, where efficiency and scale are critical. In 2023, over 4.3 million pressure cookers were sold to commercial establishments. Hotels, caterers, and institutional kitchens are incorporating electric pressure cookers for consistent output and fuel savings. Manufacturers are designing larger units with enhanced control panels, anti-blockage vents, and energy-saving cycles. The adoption of pressure cooking in food processing industries—such as for beans, meats, and sauces—further expands the market potential. These commercial-grade units command premium prices and offer high repeat purchase rates.

CHALLENGE

Increasing raw material and logistics costs.

Rising prices of stainless steel, electronic components, and transportation have impacted manufacturing costs. In 2023, stainless steel prices increased by 14%, directly affecting the pricing of premium pressure cooker models. Similarly, electric pressure cookers faced component shortages due to chip supply issues, delaying production for some brands. Shipping container costs doubled between 2020 and 2023, increasing the average unit cost by 9–12% depending on region. These challenges are particularly difficult for smaller manufacturers without global distribution capabilities or diversified sourcing networks.

Pressure Cooker Market Segmentation

The pressure cooker market is segmented by type and application. By type, it includes ordinary energy pressure cookers and electric pressure cookers. By application, the segmentation includes commercial use and home use.

By Type

Ordinary Energy Pressure Cooker: Ordinary energy pressure cookers, which operate on gas or other stovetop sources, accounted for over 56 million units sold globally in 2023. These are especially popular in countries like India, Bangladesh, and Nigeria. In India alone, 24 million traditional stovetop pressure cookers were sold, largely made from aluminium or stainless steel. These units are preferred for their affordability, durability, and simplicity.
Electric Pressure Cooker: Electric pressure cookers offer digital controls, preset functions, and enhanced safety features. In 2023, more than 64 million units were sold worldwide. China, the U.S., and Japan collectively contributed over 70% of these sales. These models are gaining ground in urban areas due to their programmable timers, multiple cooking modes, and compact designs suitable for modern kitchens.

By Application

Commercial Use: Pressure cookers for commercial use accounted for more than 4.3 million units in 2023. These are typically higher-capacity units (8 liters and above), with robust construction and programmable features. Restaurants, food processors, and catering services are the major buyers in this segment. Countries like China and the U.S. accounted for over 1.8 million units used in commercial kitchens.
Home Use: Home use pressure cookers dominated the market, accounting for over 116 million units sold in 2023. Households in Asia-Pacific and Latin America showed high demand, with over 68 million units sold in Asia-Pacific alone. Compact electric models with multi-cook functionality are most preferred among young consumers and working professionals.

Pressure Cooker Market Regional Outlook

North America

The pressure cooker market reached over 19 million units sold in 2023, with the United States contributing 16.8 million units. Electric pressure cookers dominated with a 74% share in the region. Consumers in the U.S. prioritize smart and programmable kitchen appliances, with over 5.4 million units featuring mobile connectivity. Canada showed stable demand growth, especially in urban areas, accounting for 1.4 million units.

Europe

recorded sales of more than 24 million pressure cookers in 2023. Germany, France, and the UK led the regional demand. Germany sold 6.3 million units, followed by France with 5.1 million. Stainless steel electric cookers were most popular, representing 64% of total European sales. The European market is driven by eco-conscious preferences and space-saving kitchen solutions, with growing sales of multi-use appliances.

Asia-Pacific

led globally, accounting for over 68 million pressure cooker units in 2023. China sold 37 million units, followed by India with 24 million. Japan and South Korea together contributed 5.5 million units. High birth rates, rapid urbanization, and cultural preference for home cooking supported the region’s growth. India continues to favor stovetop models, while China is transitioning rapidly to electric and smart models.

Middle East & Africa

saw pressure cooker sales exceed 6.4 million units in 2023. The UAE and Saudi Arabia led demand in the Middle East with over 2.1 million units combined. Nigeria, South Africa, and Egypt were the largest consumers in Africa, selling over 3.3 million units. Gas-based stovetop cookers remain dominant due to limited access to electric infrastructure in rural regions. However, urban areas are slowly shifting toward electric variants.

List of Top Pressure Cooker Companies

SEB
WMF
AMC
Sinbo
Silit
Hawkins
TTK Prestige
Kuhn Rikon
Zwilling
Fissler
Philips
Panasonic
Instant Pot
Midea
Supor
Jiuyang
Galanz
Double Happiness
Povos

Top Two Companies with the Highest Share

Midea: Sold over 18 million pressure cookers globally in 2023, with strong dominance in China and Southeast Asia across electric variants.

TTK Prestige: Accounted for 15.2 million units sold in 2023, primarily in India, leading the ordinary stovetop cooker category with over 60% domestic share.

Investment Analysis and Opportunities

The pressure cooker market continues to attract strong investment activity, especially in automation, smart technology integration, and geographic expansion. In 2023, more than USD 580 million was invested globally in manufacturing, research, and marketing related to pressure cookers. Over 42% of this investment originated from Asia-Pacific, where manufacturers like Midea, Supor, and Jiuyang expanded production capacities to meet surging domestic and international demand.

In India, TTK Prestige and Hawkins announced capital investments totaling USD 60 million in 2023 to modernize plants in Tamil Nadu and Maharashtra. These upgrades increased production by 18% and supported the rollout of over 3.2 million new units. Similar investments are taking place in Vietnam and Bangladesh, where new manufacturing hubs for mid-range stovetop cookers have emerged. Bangladesh, for example, shipped more than 1.5 million units in 2023, with the government providing incentives for export-oriented cookware manufacturing.

Electric pressure cookers are driving new investments in electronics and smart components. Philips and Panasonic jointly committed over USD 45 million in R&D facilities across Europe and Japan in 2023, targeting IoT-enabled kitchen solutions. These initiatives support the development of voice-command-controlled pressure cookers and AI-powered cooking recommendations. Over 1.8 million units with built-in voice recognition were sold globally in 2023, indicating significant consumer interest.

In the U.S., Instant Brands expanded their Illinois facility by 23%, with an investment of USD 30 million aimed at scaling production of their smart multi-cookers. More than 3.1 million Instant Pot units were sold in the U.S. in 2023 alone, making it one of the fastest-growing brands in the category. Strategic acquisitions and licensing deals have also increased, with European cookware companies forming partnerships with Asian manufacturers for technology sharing and brand penetration.

Green manufacturing is another investment hotspot. Over USD 35 million was invested globally in 2023 toward eco-friendly pressure cooker models using recycled aluminum, low-energy manufacturing lines, and BPA-free plastic components. Supor led this shift by introducing a “Green Series” pressure cooker made of 82% recyclable material, selling over 220,000 units in six months.

Online platforms are also attracting investment, particularly in logistics and last-mile delivery. In 2023, over 43% of pressure cookers were sold via e-commerce. Companies are investing in digital infrastructure to offer AR-based product previews, virtual demos, and AI chat assistants. These e-commerce enhancements are expected to drive higher conversion rates, especially in North America and Europe.

New Product Development

Product innovation in the pressure cooker market is centered around safety, digital integration, multifunctionality, and aesthetic appeal. In 2023, over 160 new pressure cooker models were launched worldwide, with more than 62% belonging to the electric segment. These innovations focused on enhanced safety locks, non-stick coatings, smart cooking modes, and energy-saving technologies.

Instant Pot released a new 11-in-1 model that includes sous vide, sterilizer, and cake-making options. This model, which sold over 400,000 units in North America in under six months, featured an updated control panel with 48 programmable settings and a self-cleaning mode. Philips introduced a pressure cooker with adaptive cooking algorithms that auto-adjust temperature and time based on ingredient load, reducing energy usage by 18% per session.

Midea developed a voice-enabled pressure cooker that integrates with smart home hubs. This model includes a multilingual AI assistant and supports real-time cloud updates for recipe optimization. Over 1.2 million units were sold globally in 2023. Midea also launched a modular cooker line with interchangeable inner pots, allowing users to switch between rice, yogurt, and soup cooking modules without changing appliances.

In the commercial segment, Fissler introduced a 20-liter pressure cooker equipped with built-in pressure sensors, timer alarms, and programmable recipe storage for use in hotel kitchens. Over 9,000 units were adopted across institutional kitchens in Europe and the Middle East. WMF developed an induction-compatible pressure cooker with 3-layer bases for better heat distribution, targeting health-conscious consumers in Germany and the UK.

Design has become a critical innovation differentiator. TTK Prestige rolled out a pressure cooker series in matte black and copper finishes, with heat-resistant Bakelite handles and tempered glass lids. Over 1.6 million units from this designer range were sold in 2023, particularly in the wedding and gifting segment in India.

New developments also include improvements in safety and durability. Panasonic introduced a 6-sensor smart safety system that automatically monitors pressure, temperature, lid position, and steam release. In 2023, pressure cookers with enhanced safety features accounted for 78% of global electric model sales, signaling that consumer confidence is closely linked to product assurance.

Five Recent Developments

Midea launched its AI-integrated voice-enabled pressure cooker in April 2023, selling over 1.2 million units globally within nine months, with major uptake in China and Southeast Asia.
TTK Prestige opened a new production facility in Coimbatore in August 2023, adding capacity for 2.5 million units annually and creating 1,400 new jobs in South India.
Instant Brands introduced an 11-in-1 electric pressure cooker in January 2024, with pre-orders exceeding 300,000 units in the U.S. within 60 days of announcement.
Philips and Panasonic launched a joint innovation center in Tokyo in July 2023, focused on smart kitchen appliances, including adaptive pressure cooking technologies.
Supor released a sustainable pressure cooker line made from 82% recycled aluminum in Q2 2023, selling 220,000 units within the first six months of launch in China and Europe.

Report Coverage of Pressure Cooker Market

The pressure cooker market report offers in-depth coverage of the global and regional market landscape, analysing unit sales, consumer behaviour, product innovation, distribution networks, and competitive dynamics. The report includes detailed quantitative data from 2019 to 2024 and projections through 2030, tracking more than 150 data points across 25 countries.

This report segments the market by product type—ordinary energy and electric pressure cookers—and by application—home and commercial use. Over 120 million units were sold globally in 2023, with product-level insights covering materials, capacity, feature sets, and safety technologies. Analysis includes unit breakdowns by stainless steel vs. aluminium composition, inner pot coatings, control interfaces, and lid-locking mechanisms.

The competitive landscape section profiles 19 global manufacturers, including Midea, TTK Prestige, Philips, Panasonic, Hawkins, Supor, and Instant Brands. Metrics analysed include product portfolios, production volumes, regional strengths, innovation pipelines, and price positioning. The top five companies collectively accounted for more than 52 million units in 2023.

The report details market dynamics including drivers (energy efficiency, time-saving trends), restraints (safety recalls, raw material costs), opportunities (smart integration, commercial sector growth), and challenges (rising logistics costs, price competition). Each factor is supported by unit data and market observations from 2023 and early 2024.

Regional analysis covers North America, Europe, Asia-Pacific, and Middle East & Africa. Asia-Pacific led with over 68 million units sold, while North America and Europe showed strong adoption of smart electric variants. Demand patterns are linked to urbanization, household size, dietary preferences, and energy access.

Supply chain coverage includes sourcing of materials, manufacturing hubs, regulatory compliance, and e-commerce distribution channels. The report also covers marketing strategies, influencer campaigns, digital product launches, and bundling practices. Over 43% of pressure cooker sales in 2023 occurred online, and digital retail dynamics are extensively covered.

The report is designed for manufacturers, investors, distributors, and strategic planners looking to understand demand forecasts, competition, and technological shifts in the global pressure cooker market.