Market reports on India presents the latest report on “Market Forecast and Opportunities on India Electric Kitchen Appliances upto 2020” http://www.marketreportsonindia.com/consumer-goods-market-research-reports-13255/electric-kitchen-appliances-india.html The report identify the on-going trends and anticipated growth in the coming years .
14th Nov 2015, – Navi Mumbai, India: Market reports on India presents the latest report on “Market Forecast and Opportunities on India Electric Kitchen Appliances upto 2020”. This report help to industry consultants, distributors and dealers to align their market-centric strategies
With improving living standards, expanding middle class population and growing number of nuclear families, the demand for electric kitchen appliances in India is increasing. Other major factors boosting the country's electric kitchen appliances market include increasing working population, especially women; rising per capita disposable income and expanding retail formats such as supermarkets, convenience stores and hypermarkets across the country. Moreover, increasing online availability of almost all the electric kitchen appliances is further augmenting product sales. TTK Prestige, Bajaj Electricals and LG Electronics are some of the leading electric kitchen appliance manufacturers operating in the country.
“India Electric Kitchen Appliances Market Forecast & Opportunities, 2020”, the electric kitchen appliances market in India is projected to grow at a CAGR of more than 29% during 2015 - 2020. In 2014, induction cooktop was the largest segment in the country's electric kitchen appliances market, followed by electric chimneys, microwaves and electric cookers. Western region accounted for the largest market share in 2014, followed by Southern, Northern and Eastern regions of the country. This regional trend is expected to prevail through 2020. “India Electric Kitchen Appliances Market Forecast & Opportunities, 2020” report explains the...