India Small Kitchen Appliances Market To Exceed USD 2 Billion By 2027

January 12, 2022

According to the research report titled ‘Growth Opportunity in the India Small Kitchen Appliances Market and Forecast to 2027’, available with MarketStudyReport, India small kitchen appliances market is anticipated to garner USD 2 billion by the end of the year 2027.

As per the findings of the report, the expansion of India small kitchen appliances market is attributed to expanding middle class and wealthy Indian consumer base, increasing awareness about eco-friendly as well as energy-efficient appliances, in consort with improving customer lifestyle, and innovative technological advancements in small kitchen appliances.

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The research includes an up-to-date market size data by analyzing the trends over 2018-2020, thus predicting the growth rate and valuation estimation by the year 2027. It also covers major elements of competitive landscape such as industry share held, production & sales volume, and product pricing analysis for various contenders.

India small kitchen appliances industry sphere is studied from the perspective of appliances. In terms of appliances, the market is divided into food processor, blender, mixer grinder, juice extractor, coffee maker, electric rice cooker, electric kettle, and pressure cooker.

Taking the analysis further, the report presents in-depth analysis of competitive terrain by focusing on the performance of the major participants in the industry. These companies are Butterfly Gandhimathi Appliances Ltd., Hawkins Cookers Limited, Stove Kraft Limited, TTK Prestige Limited, and Koninklijke Philips N.V.

In addition, the competitive landscape section includes information on recent mergers and acquisitions, agreements, collaborations, and partnerships. Inferences from Porter's Five Forces analysis is included in the document to assist both existing firms and prospective entrants in developing strategies that promise good returns during the analysis period.

Companies are opting for strategic cooperation to diversify their product offerings and expand customer base. They are creating innovative products and exchanging expertise and technological prowess with other companies in the same field, thus facilitating the industry outlook.

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