January 11, 2022
According to the research report titled ‘India Kitchen Appliances Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2027’, available with MarketStudyReport, India kitchen appliances market is anticipated to grow significantly, thereby amassing USD 6 billion by the end of the year 2027.
As per the findings of report, India kitchen appliances market is driven by increasing per capita income, surging population across the nation, as well as soaring demand for branded products, and improved lifestyle. Also, rapid urbanization will play a favoring role in the market.
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The report provides the most up-to-date data on the current market position and the future prospects in India. It also offers market size data for the years 2018 to 2020, as well as give an illustrative prediction over 2021-2027, covering major elements such as market value, volume, and pricing analysis for kitchen appliances.
Apart from highlighting growth drivers, and opportunities, the report also entails information pertaining to prevailing challenges and how to overcome them, enabling the companies to plan tactics to maintain their revenue inflow. Further, product portfolio, recent developments, and business overview of the top tier players involved in India kitchen appliances industry are also presented.
The business sphere is also studied from the perspective of appliances and appliances type. On the basis of appliances types, the industry is divided into non-stick cookware kitchen appliances, small kitchen appliances, and large kitchen appliances.
Based on appliances terrain, the marketplace is categorized into free-standing hobs, cook tops, food processor, blender, mixer grinder, juice extractor, coffee maker, electric rice cooker, electric kettle, pressure cooker, cooker hoods, and built-in hobs.
The major companies in India kitchen appliances market are Butterfly Gandhimathi Appliances Ltd., Hawkins Cookers Limited, Stove Kraft Limited, TTK Prestige Limited, and Koninklijke Philips N.V.