India Kitchen Appliances Market To Be Valued At USD 6 Billion By 2027

June 17, 2022

According to the research report titled ‘India Kitchen Appliances Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2027,’ available with MarketStudyReport, India kitchen appliances market is slated to be valued at USD 6 billion during 2021-2027.

The factors propelling the expansion of India kitchen appliances market are an uptick in disposable income and buying power which makes it possible for consumers to purchase easy-to-use kitchen appliances, combined with busier lifestyles, and rise in the female working population which is prompting the need for quick food preparation & simple appliances.

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For the unversed, kitchen appliances are home appliances that are particularly created to ensure that the kitchen practices run more smoothly. 

Based on their function, there are several major and minor kitchen appliances available commercially. The notable appliances are gas stoves, dishwashers, refrigerators, etc., while the minor appliances include coffee makers., blenders, and many others. Energy consumption, efficiency, technological developments, and price are major variables that influence consumer purchasing desires.

Furthermore, the momentous growth of India's food industry, which includes restaurants, cafes, and small food outlets stand to support the expansion of the kitchen appliances industry.  

Furthermore, modern kitchen appliances created with sophisticated technological help to cook food rapidly while retaining nutrients, which is encouraging their adoption, thereby accelerating the progress of the business sphere.

Despite the positive outlook, there is a low preference for fuel-consuming large appliances as they are not energy-efficient. This is likely to hamper the growth of market in the forthcoming years. 

Besides, due to sky-rocketing real estate prices, Indian consumers often prefer smaller kitchens. For the same reason, the modular kitchen concept has gained popularity. As a result, demand for small kitchen appliances is increasing, which manufacturers of kitchen appliances in India see as a major incentive.

In terms of type, the industry is categorized into food processor, cook tops, blender, free-standing hobs, mixer grinder, built-in hobs, juice extractor, cooker hoods, coffee maker, pressure cooker, electric rice cooker, and electric kettle.

The established names amplifying the competitive scope of India kitchen appliances marketplace include Philips India Ltd., Hawkins Cookers Limited, Butterfly Gandhimathi Appliances Limited, TTK Prestige Limited, and Stove Kraft Limited among others.

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