PROSPECTS AND OPPORTUNITIES
Cooker hoods and connected ovens offer growth opportunities for large cooking appliances
Consumers in India, driven by increasing disposable incomes and evolving household patterns of living in apartments instead of independent houses, will further fuel the demand for cooker hoods over the forecast period. In addition, growing awareness related to the appliance’s benefits, such as better efficiency in eliminating odours and fumes, will be a favourable factor driving a further shift in consumer demand from exhaust fans to cooker hoods in the local market.
Low consumer awareness and higher costs to create challenges for greater penetration of built-in large cooking appliances
Over the forecast period, built-in large cooking appliances such as hobs and cookers, due to their higher price points and limited widescale consumer awareness of their benefits, will continue to remain an urban phenomenon with demand largely being driven by affluent households in metro cities.
Appliances and electronics specialists to continue to dominate distribution, while e-commerce will likely gain further share
When Indian consumers consider purchasing big-ticket items such as large cooking appliances, they tend to prefer to see the products firsthand and obtain advice from in-store experts before making a decision. These trends are likely to support the continued dominance of appliances and electronics specialists as a distribution channel for large cooking appliances over the forecast period.
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Overview:
Understand the latest market trends and future growth opportunities for the Large Cooking Appliances industry in India with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Large Cooking Appliances industry in India, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Large Cooking Appliances in India report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Large Cooking Appliances in India?
- Which are the leading brands in India?
- How are products distributed in India?
- To what extent has COVID-19 and accordant macroeconomic and retail disruption impacted demand?
- How are considerations such as urban development and the rise in single-person households determining sales growth?
- Where is future growth expected to be most dynamic?
Large Cooking Appliances in India - Category analysis
KEY DATA FINDINGS
Built-in large cooking appliances remains a nascent category in 2024
Freestanding cooker hoods dominate, driven by growing shift towards modular kitchens and better awareness
Faber Heatkraft Industries leads large cooking appliances in India
Cooker hoods and connected ovens offer growth opportunities for large cooking appliances
Low consumer awareness and higher costs to create challenges for greater penetration of built-in large cooking appliances
Appliances and electronics specialists to continue to dominate distribution, while e-commerce will likely gain further share
Consumer Appliances in India - Industry Overview
Consumer appliances in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for consumer appliances?
DISCLAIMER
The following categories and subcategories are included:
Large Cooking Appliances
- Built-in Large Cooking Appliances
- Freestanding Large Cooking Appliances
- Built-in Hobs
- Ovens
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- Built-in Cooker Hoods
- Freestanding Cooker Hoods
- Cookers
- Range Cookers
Large Cooking Appliances
The large cooking appliances includes freestanding cookers, built-in ovens, built-in hobs and cooker hoods.
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This report originates from Passport, our Large Cooking Appliances research and analysis database.
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