What is the Market Size of Kitchen Appliances in India ? :
IMARC Group’s latest research report, titled “India Kitchen Appliances Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the kitchen appliances market size in india reached US$ 5.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.8 Billion by 2028, exhibiting a growth rate (CAGR) of 9.56% during 2023-2028.
Kitchen Appliances Uses:
Kitchen appliances include a wide range of electrical and mechanical devices designed for cooking, food preparation, and clean-up tasks more efficiently and conveniently. They can range from simple hand-held tools, such as knives, peelers, and can openers, to more complex machines, including refrigerators, ovens, and dishwashers. They also contain blenders, mixers, toasters, microwaves, coffee makers, and food processors. They offer various benefits, such as consistency, variety, convenience, healthier, safety, energy, and efficiency. These appliances are primarily operated using electricity, cooking fuel, and solar energy. In addition, they aid in saving time, costs, and energy and are available in numerous colors, styles, materials, sizes, and mechanisms.
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India Kitchen Appliances Market Growth and Development:
The emergence of smart kitchen appliances is driving the market in India. Moreover, several major companies are constantly innovating and introducing new features to their products, including the integration of smart connectivity, digital displays, and energy-efficient technologies, thus providing a boost to the market. Apart from this, increasing health consciousness, especially among the young population, has propelled the adoption of healthy cooking and eating habits among consumers, which, in turn, is propelling the market.
Besides, with the rising home renovation projects, there is a growing demand for appliances that are not only functional but also aesthetically pleasing. Furthermore, the increasing distribution of these appliances through online channels and the emergence of smart technologies and the internet of things (IoT) are fostering the market.
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Key Market Segmentation:
Breakup by Product Type:
- Refrigerators
- Microwave Owens
- Induction Stoves
- Dishwasher
- Water Purifiers
- Others
Breakup by Structure:
- Built-In
- Free Stand
Breakup by Fuel Type:
- Cooking Gas
- Electricity
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Stores
- Departmental Stores
- Others
Breakup by Application:
- Residential
- Commercial
Breakup by Region:
- North India
- West and Central India
- South India
- East India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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