Increasing
preference for branded products, rising demand for kitchen appliances in rural
areas, growing number of nuclear families in urban areas and changing kitchen concepts to
drive India non electric kitchen appliances market through 2024
According to TechSci Research report, “India
Non Electric Kitchen Appliances Market By Distribution Channel, By Product Type,
Competition, Forecast & Opportunities, 2014-2024”, India non electric kitchen appliances market is projected to cross $
972 million by 2024. Anticipated growth in the market would be driven by changing
lifestyle, increasing per capita disposable income, rising number of nuclear
families, expanding middle class population and growing youth population who
are inclined towards products offering enhanced convenience. Moreover, easy
product availability and expanding distribution and supply chain of
manufacturers and suppliers are expected to aid the country’s non electric
kitchen appliances market during the forecast period.
Browse 35 market
data Figures and Tables spread through 74 Pages and an in-depth TOC on
"India Non Electric Kitchen
Appliances Market"
Proportion of working women
in the country is increasing gradually, which is contributing to growing household
income as well as leading to time shortage for women towards household
activities. Also, with rapid increase in the number of nuclear families in
urban India, sharing of household work among family members is on the decline.
Consequently, the utility of non electric kitchen appliances, that help in
minimizing the effort and time required in cooking activities, is on the rise. Increasing
competition among store-based retail outlets coupled with growing amount of
time spent by consumers on the internet is resulting in rising sales through online
channels; however, multi-branded stores segment is anticipated to continue to be
the dominating distribution channel for non electric kitchen appliances in
India.
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“Demand for non electric
kitchen appliances is growing across the country, owing to increasing trend of working
women, in addition to rising influence of social media on the millennial
population which persuades them to purchase these appliances as they provide
convenience and comfort. Moreover, leading non electric kitchen appliance
manufacturers are continuously diversifying their product portfolios and are
offering a wider range of products, both in terms of applications as well as
price range, resulting in the accessibility and visibility of non electric
kitchen appliances in the country. Such developments are expected to positively
influence India non electric kitchen appliances market over the course of next
five years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a
research based global management consulting firm.
“India Non
Electric Kitchen Appliances Market By
Distribution Channel, By Product Type, Competition, Forecast &
Opportunities, 2014-2024”
has evaluated the future growth potential of non electric kitchen appliances
market in India and provides statistics and information on market structure,
size, share and trends. The report is intended to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities present in India non electric
kitchen appliances market.
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