In 2022, the USA residential cotton candy maker market size is estimated to reach a valuation of US$ 17.5 Million. It is projected to reach US$ 26.8 Million by 2032, with the market anticipated to grow at a CAGR of 4.4% from 2022 to 2032.
Environment and sustainability have emerged as key priorities for the manufacturing sector in the USA. Companies are continually enhancing their production techniques to achieve greater environmental sustainability. Consequently, many manufacturers are striving to maximize resource utilization while minimizing waste.
Nowadays, manufacturers are focusing on designing cost-effective products. In earlier days, the cost of production and maintenance of various products was high. Advanced safety features like humidification control and spring suspension machines consume less energy and bring more stability. For instance, in 2021, Guangzhou Sunzee Intelligent Technology Co., Ltd. launched the MG-330 Pro, a fully automatic cotton candy machine with a humidification burner to control ambient temperature in the machine.
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Technologically advanced machines are gaining more popularity due to their convenience and simple mechanism. Moreover, their ability to be portable make them an ideal equipment and save the consumers money by preventing them from spending on cotton candies made from commercial machines.
Hence, the design portability and technology upgrades in the machines would help to gain popularity among residential users. These aforementioned factors are likely to boost growth in the U.S. residential cotton candy marker market during the evaluation period.
Key Takeaways from the U.S. Residential Cotton Candy Maker Market Study
- By product type, the compact version of the residential cotton candy machine is predicted to hold a major share of 63.7% in the U.S. residential cotton candy maker market.
- Based on material type, the plastic segment would generate high demand and it currently holds a share of 63.2% in the U.S. residential cotton candy maker market.
- In terms of sales channel, the hypermarket/supermarket segment currently holds the major U.S. residential cotton candy maker market share of 43.3%.
- The U.S. residential cotton candy maker market currently holds nearly ~2%-4% of the global confectionery equipment market.
- Top companies in the U.S. residential cotton candy maker market held about ~12%-16% of the total share in 2021.
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“Manufacturers are putting more effort for expanding their product lines to cater to all types of customer requirements. Key players in the U.S. are also focusing on innovation and development of new products to expand their portfolio. A few other firms are adopting new ways of marketing to strengthen their positions in the U.S. market,” says an FMI analyst.
Competitive Landscape: U.S. Residential Cotton Candy Maker Market
Leading manufacturers operating in the U.S. residential cotton candy maker market are focusing on various promotional strategies, advertisements, and new product launches to drive sales by expanding their consumer base. Some of the major players present in the U.S. residential cotton candy maker market are Trademark Global Inc., LaRose Industry LLC., Made by Gather, Nostalgia Products, Mary Mack’s, Inc., Great Northern Popcorn Company, Paragon, Cotton Cravings, Vevor, and Vivo among others.
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Future Market Insights, in its new offering, provides an unbiased analysis of the U.S. residential cotton candy maker market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022-2032. The study divulges compelling insights on the U.S. residential cotton candy maker market based on product type (compact version and cart version), material type (metal and plastic), and sales channels (supermarket/hypermarket, specialty stores, online retailers, convenience stores, and other sales channels).
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U.S. Residential Cotton Candy Maker Market Outlook by Category
By Product Type:
- Compact Version
- Cart Version
By Material Type:
- Metal
- Plastic
By Sales Channel:
- Supermarket/Hypermarket
- Specialty Stores
- Online Retailers
- Convenience Stores
- Other Sales Channel
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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