Product Code: ETC013364 | Publication Date: Jun 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India is the second-largest consumer of cooking appliances in the world. The country has seen a continuous growth in its demand for such products due to changing lifestyle, increasing disposable income and busy schedules. Moreover, rising health consciousness among consumers has further enhanced the sale of these products. As per IndustryARC`s analysis, India Cooking Appliances Market size was valued at USD 3 billion in 2019 and is estimated to reach USD 5 billion by 2026 growing at a CAGR of 8.1% during 2020-2026.
The major factor driving growth in this market include increasing urbanization, changing lifestyle & diet patterns and technological advancements making these appliances more efficient & effective than traditional methods like chulhas etc. Additionally with increased awareness about healthy eating habits along with hygiene standards have also propelled the sales figures across all segments such as electric cookers/ counter top ovens/ microwaves / rice cookers etc . Furthermore government?s focus on rural electrification through initiatives like Unnat Jyoti by Affordable LEDs for All (UJALA) scheme that aims to provide 24 hours electricity supply will further fuel up the demand from semi urban markets as well.
High cost associated with adoption of modern cooking technology coupled with low availability of affordable models are some factors hindering penetration rate even though large number brands operating within this segment . Usage safety concerns regarding microwave ovens or electric stoves can be another challenge which manufacturers needs to address while developing new product lines . On top of that lack access to good quality after sales service & spare parts will make customers more reluctant towards higher end equipment?s over long run putting pressure on brand loyalty which remains one big concern moving forward.
Growing preference for multi functional Kitchen Appliances , Rise In Demand For Smart Kitchen Products , Innovations With respect To Energy Efficiency And Security Are Some Of The Major Factors Which Will Lead To Significant Growth In This Segment Over Next Few Years ..Manufacturers now focusing on launching products having various features like Wi Fi enabled control options , automated functions using voice commands etc would be trend going ahead creating more convenience for consumers ..In addition emergence IoT Connected devices allowing users measure food temperatures accurately or adjust settings remotely would open up many opportunities over short period time leading manufacturers shift their focus towards development innovative solutions catering specific user needs..
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Cooking Appliances Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Cooking Appliances Market Revenues & Volume, 2020 & 2030F |
3.3 India Cooking Appliances Market - Industry Life Cycle |
3.4 India Cooking Appliances Market - Porter's Five Forces |
3.5 India Cooking Appliances Market Revenues & Volume Share, By Types, 2020 & 2030F |
3.6 India Cooking Appliances Market Revenues & Volume Share, By Applications, 2020 & 2030F |
3.7 India Cooking Appliances Market Revenues & Volume Share, By Fuel Type, 2020 & 2030F |
3.8 India Cooking Appliances Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 India Cooking Appliances Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Cooking Appliances Market Trends |
6 India Cooking Appliances Market, By Types |
6.1 India Cooking Appliances Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 India Cooking Appliances Market Revenues & Volume, By Types, 2020-2030F |
6.1.3 India Cooking Appliances Market Revenues & Volume, By Microwaves, 2020-2030F |
6.1.4 India Cooking Appliances Market Revenues & Volume, By Ovens, 2020-2030F |
6.1.5 India Cooking Appliances Market Revenues & Volume, By Cooktops, 2020-2030F |
6.1.6 India Cooking Appliances Market Revenues & Volume, By Range Hoods, 2020-2030F |
6.1.7 India Cooking Appliances Market Revenues & Volume, By Small Appliances, 2020-2030F |
6.1.8 India Cooking Appliances Market Revenues & Volume, By Parts & Accessories, 2020-2030F |
6.2 India Cooking Appliances Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Cooking Appliances Market Revenues & Volume, By Household, 2020-2030F |
6.2.3 India Cooking Appliances Market Revenues & Volume, By Commercial, 2020-2030F |
6.3 India Cooking Appliances Market, By Fuel Type |
6.3.1 Overview and Analysis |
6.3.2 India Cooking Appliances Market Revenues & Volume, By Cooking gas, 2020-2030F |
6.3.3 India Cooking Appliances Market Revenues & Volume, By Electricity, 2020-2030F |
6.4 India Cooking Appliances Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 India Cooking Appliances Market Revenues & Volume, By Online, 2020-2030F |
6.4.3 India Cooking Appliances Market Revenues & Volume, By Offline, 2020-2030F |
7 India Cooking Appliances Market Import-Export Trade Statistics |
7.1 India Cooking Appliances Market Export to Major Countries |
7.2 India Cooking Appliances Market Imports from Major Countries |
8 India Cooking Appliances Market Key Performance Indicators |
9 India Cooking Appliances Market - Opportunity Assessment |
9.1 India Cooking Appliances Market Opportunity Assessment, By Types, 2020 & 2030F |
9.2 India Cooking Appliances Market Opportunity Assessment, By Applications, 2020 & 2030F |
9.3 India Cooking Appliances Market Opportunity Assessment, By Fuel Type, 2020 & 2030F |
9.4 India Cooking Appliances Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 India Cooking Appliances Market - Competitive Landscape |
10.1 India Cooking Appliances Market Revenue Share, By Companies, 2023 |
10.2 India Cooking Appliances Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |