India Kitchen Appliances Market Forecast and Opportunities, 2019

Navi Mumbai, India, November 07, 2014 --(PR.com)-- Summary

Globally, the demand for kitchen appliances has been increasing over the last decade, predominantly due to rising per capita income and busier lifestyle of consumers. With strong economic growth and increasing employment opportunities in India, the country’s kitchen appliances market is witnessing continuing growth. Expanding working class, especially working women; increasing nuclear families coupled with busy lifestyles are among the major factors boosting the demand for kitchen appliances in India. Increasing consumer awareness and growth in retail chains and outlets are other major factors supporting the growth of kitchen appliances market in the country. Supermarkets, convenience stores and hypermarkets are emerging as the key points-of-sale offering a wide range of kitchen appliances of various major appliance manufacturer in India.

According to “India Kitchen Appliances Market Forecast & Opportunities, 2019”, the Indian kitchen appliances market is projected to grow at a CAGR of over 25% during 2014-19. Increasing workforce, expanding middle class population, improving consumer lifestyle, and expanding retail formats are the key drivers buoying growth in the country’s kitchen appliances market. Gas stoves accounts for largest segmental demand and its dominance is expected to continue over the next five years. Over the last five years, southern region has been accounting for the largest demand share of kitchen appliances market in India, followed by northern region. However, due to continuing increase in employment generation opportunities, the northern region is expected to witness highest growth over the next five years, with a huge chunk of demand emanating from Delhi-NCR.

“India Kitchen Appliances Market Forecast & Opportunities, 2019” report explains following aspects related to kitchen appliances market in India:

• India Kitchen Appliances Market Size, Share & Forecast
• Segmental Analysis – Gas Stoves, Microwaves, Induction Cooktops, etc.
• Regional & Price Point Analysis
• Changing Market Trends & Emerging Opportunities
• Strategic Recommendations & Competitive Landscape

Why You Should Buy This Report?
• To gain an in-depth understanding of kitchen appliances market in India
• To identify the on-going trends and anticipated growth in the coming years
• To help industry consultants, distributors and dealers to align their market-centric strategies
• To obtain research based business decision and add weight to presentations and marketing material
• To gain competitive knowledge of leading players
• To avail 10% customization in the report without any extra charges and get research data or trends added in the report as per the buyer’s specific needs

Report Methodology
The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with kitchen appliance manufacturers, distributors, exporters and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

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