The India kitchen appliances market is anticipated to grow at a CAGR 12.3% during the forecast period. The growth of the market is mainly driven by the increasing urban population coupled with the increasing disposable income. Additionally, the increase in the tier-2 cities will also influence the demand for advanced kitchen appliances. Additionally, the food and restaurant business across India is also booming hence in turn, increasing the demand for commercial kitchen appliances. Moreover, with the COVID-19 lockdowns in the country, people are staying more at home, hence need more sophisticated kitchen appliances, thus driving the market growth. 

The India kitchen appliance market is segmented based on product type, application, and distribution channels. Based on the product type, the market is sub-segmented into refrigerators, microwave, mixer & juicer and food processor, dishwasher, water purifier, coffee machine, stove & hobs, and other. Refrigerators segment is expected to maintain a major market share during the forecast period, whereas microwave will witness significant growth in the country. Based on the application, the market is sub-segmented into a residential kitchen and commercial kitchen. Further, based on the distribution channel the market is bifurcated into the online channel and offline channel. 

The key players of the India kitchen appliance market include Bajaj Electricals Ltd., TTK Prestige Ltd., IFB Industries Ltd., Glen Appliances Pvt. Ltd., Electrolux AB, LG Electronics Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers, and acquisitions, collaborations, and funding, to stay competitive in the market. For instance, in September, Whirlpool Corp., launched Intellifresh Pro, an advanced Bottom Mount Refrigerator powered by advanced Adaptive Intelligence Technology in the Indian market.

Research Methodology

The market study of the India kitchen appliance market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts as to bring more authenticity to the reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for consumer appliance manufacturers, kitchen appliance manufacturers & distributors, start-ups, seed funder, venture capitalists, research organizations, and other related organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.

Market Segmentation

1. India Kitchen Appliance Market Research and Analysis by Product Type
2. India Kitchen Appliance Market Research and Analysis by Application
3. India Kitchen Appliance Market Research and Analysis by Distribution Channel

The Report Covers

• Comprehensive research methodology of the India kitchen appliance market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the India kitchen appliance industry.
• Insights about market determinants which are stimulating the Indian kitchen appliance market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.