October 14, 2021
According to the research report titled, “India Kitchen Appliances Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2027”, available with MarketStudyReport, India’s kitchen appliances market is anticipated to surpass USD 6 Billion by the end of forecast period 2021-2027.
As per the findings of the report, rising numbers of households, expanding working women population, increase in dual-income nuclear families, growing disposable income, and improving living standards are promoting India kitchen appliances market development. Rapid urbanization and increasing trend of higher per-capita spending on lifestyle items are further enhancing the industry outlook.
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Growing middle-class and presence of an affluent Indian consumer base, along inflating working population are all predicted to augment for kitchen appliances in India over the forecast period. Moreover, strong demand from dynamic consumer trends such as replacing existing equipment owing to health concerns have sparked product innovation activities and subsequently elevated the demand for smart appliances.
Apart from the aforementioned growth drivers, the document lists out all the prevailing and upcoming challenges in this domain along with solutions for the same.
To offer a broader perspective of this market, the report encompasses an individual assessment of the market segments, followed a comprehensive analysis of the competitive terrain.
In terms of appliances type, the industry is split into small kitchen appliances, large kitchen appliances, and non-stick cookware kitchen appliances.
Based on appliances, cook tops, built-in hobs, free-standing hobs, cooker hoods, electric kettle, pressure cooker, juice extractor, coffee maker, blender, mixer grinder, and food processor are the major segments covered in the research literature. Experts cite that juice extractors/juicers and electric cookers segments are predicted to rise rapidly during the projection period due to ever-increasing fitness and wellness trend.