The Strengthening of the Social-Economic Condition will foster the growth of the India Kitchen Appliances Market

Published: Nov 2020

The India kitchen appliances market is anticipated to grow with a considerable CAGR of 12.3% during the forecast period (2020-2026). The growth of the kitchen appliance market in India is majorly influenced by the continuously improving socio-economic condition of the country’s population. Rapid urbanization, increasing disposable income, rising brand awareness, high demand for premium products are some of the factors that are supporting the growth of the Indian kitchen appliance market. Besides, the number of working women across the country has also increased significantly in the past few decades. This, in turn, is fueling the demand for kitchen appliances as they simplify the cooking process and aids in saving them significant time.

Browse the full report description of "India Kitchen Appliances Market Size, Share & Trends Analysis Report By Product Type (Refrigerators, Microwave, Mixer & Juicer and Food Processor, Dishwasher, Water Purifier, Coffee Machine, Stove & Hobs, and Other), By Application (Residential Kitchen and Commercial Kitchen), By Distribution Channel (Online Channel and Offline Channel), Forecast Period 2020-2026" at https://www.omrglobal.com/industry-reports/india-kitchen-appliances-market

Additionally, the inclination of consumers toward eco-friendly & energy-efficient appliances is also being catered by the companies with the launch of new and advanced kitchen appliances. For instance, Samsung Electronics in December 2020 launched a first five-star Direct Cool Single Door Refrigerator lineup based on new 2020 Star Ratings in India. The refrigerator was made available from January 2020 and delivers higher efficiency and reduced running costs. Such innovative and energy-efficient launches by the companies across the country will also drive the growth of the kitchen appliance market during the forecast period. 

Market Coverage

  • The market number available for – 2019-2026
  • Base year- 2019
  • Forecast period- 2020-2026
  • Segment Covered- 

o By Product Type

o By Application

o By Distribution Channel

  • Competitive Landscape- Bajaj Electricals Ltd., TTK Prestige Ltd., Electrolux AB, LG Electronics Inc., Samsung Electronics Co. Ltd.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment dominates the market in the base year?
  • Which segment will project the fastest growth in the market?
  • How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID-19 forecast

o Most affected segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

India Kitchen Appliances Market Report Segment

By Product Type

  • Refrigerators 
  • Microwave
  • Mixer & Juicer and Food Processors 
  • Stove & Hobs
  • Dishwasher
  • Water Purifier
  • Coffee Machines
  • Other

By Application

  • Residential 
  • Commercial 

By Distribution Channel

  • Online Channel
  • Offline Channel

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