The India kitchen appliances market is anticipated to grow at a CAGR 12.3% during the forecast period. The growth of the market is mainly driven by the increasing urban population coupled with the increasing disposable income. Additionally, the increase in the tier-2 cities will also influence the demand for advanced kitchen appliances. Additionally, the food and restaurant business across India is also booming hence in turn, increasing the demand for commercial kitchen appliances. Moreover, with the COVID-19 lockdowns in the country, people are staying more at home, hence need more sophisticated kitchen appliances, thus driving the market growth.
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The India kitchen appliance market is segmented based on product type, application, and distribution channels. Based on the product type, the market is sub-segmented into refrigerators, microwave, mixer & juicer and food processor, dishwasher, water purifier, coffee machine, stove & hobs, and other. Refrigerators segment is expected to maintain a major market share during the forecast period, whereas microwave will witness significant growth in the country. Based on the application, the market is sub-segmented into a residential kitchen and commercial kitchen. Further, based on the distribution channel the market is bifurcated into the online channel and offline channel.
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India Kitchen Appliances Market Segmentation
By Product Type
Refrigerators
Microwave
Mixer & Juicer and Food Processors
Stove &Hobs
Dishwasher
Water Purifier
Coffee Machines
Other (Electric Chimney, Kettle, Toaster)
By Application
Residential
Commercial
By Distribution Channel
Online Channel
Offline Channel
Company Profiles
Bajaj Electricals Ltd.
Eureka Forbes Ltd
IFB Industries Ltd.
Glen Appliances Pvt. Ltd.
Ken Lifestyles Pvt. Ltd.
Voltbek Home Appliances Pvt. Ltd.
Electrolux AB
Koninklijke Philips N.V.
Robert Bosch GmbH
Haier Group Corp.
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