NEW YORK, July 26, 2016 /PRNewswire/ --
Rising construction of premium apartments, growing disposable income and increasing customer awareness about modern kitchen appliances to drive India built-in kitchen appliances market through 2021
According to TechSci Research report, "India Built-in Kitchen Appliances Market By Product Type, Competition Forecast & Opportunities, 2011 - 2021", the market for built-in kitchen appliances in India is projected to grow at a CAGR of over 17% during 2016-2021, on account of changing consumer lifestyles and increasing customer awareness about benefits of using built-in kitchen appliances. Growing working population base, rising women workforce and expanding middle class population base are major factors driving India built-in kitchen appliances market. Growing personal disposable income levels from USD1.20 million in 2011 to USD2.30 million in 2015, is anticipated to boost the market for built-in kitchen appliances in India over the next five years. Additionally, in 2013, premium real estate construction contributed around 7-8% in India real estate construction market, which increased to around 9-10% in 2015. All these factors are expected to drive demand for built-in kitchen appliances in India, over the next five years.
(Logo: http://photos.prnewswire.com/prnh/20140117/663730 )
Browse 25 market data Tables and 15 Figures spread through 105 Pages and an in-depth TOC on "India Built-in Kitchen Appliances Market"
On the basis of product type, India built-in kitchen appliances market has been segmented into ovens, hobs, hoods, refrigerators, dishwashers & others. Among these categories, built-in ovens segment dominated India built-in kitchen appliances market in 2015. Built-in ovens are gaining popularity over traditional ovens, as they are easy to clean, consume less electricity and are equipped with compact hinges that make minimal noise. In 2015, North India was the largest regional market for built-in kitchen appliances in the country and the region is anticipated to continue dominating the market in the coming years as well. Few of the major players operating in India built-in kitchen appliances market include BSH Household Appliances, KAFF Appliances, Elica, Frankie Faber and Whirlpool.
Download Sample Report
@ https://www.techsciresearch.com/sample-report.aspx?cid=738
Customers can also request for 10% free customization on this report.
"Availability of flexible payment options is an emerging trend in India built-in kitchen appliances market. Financial institutions are creating easy financing options, so that customers can purchase built-in kitchen appliances. Availability of a number of financing alternatives is increasing sales of built-in kitchen appliances in India. Apart from cash payments, customers are able to purchase built-in kitchen appliances via credit cards, ease monthly installment (EMI) schemes and other financing alternatives. This along with rising purchasing power of consumers in India is expected to be a positive sign for companies operating in India built-in kitchen appliances market.", said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
"India Built-in Kitchen Appliances Market, By Product Type, Competition Forecast & Opportunities, 2011-2021" has evaluated the future growth potential of India built-in kitchen appliances market and provides statistics and information on market structure, policies and regulations in India built-in kitchen appliances market. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes emerging trends along with essential drivers, challenges and opportunities in India built-in kitchen appliances market.
Browse Related Reports
India Home Furnishing Market By Product Type (Curtain Fabric, Upholstery, Bed Linen, Bath Linen, Kitchen Linen, Table Linen, Quilts/Blankets, Wallpapers, Blinds, Rugs and Carpets, and Other Made-ups), Competition Forecast and Opportunities, 2010 - 2020
India Electric Kitchen Appliances Market Forecast and Opportunities, 2020
India Ayurvedic Products Market By Product Segment (Ayurvedic Healthcare Products and Ayurvedic Personal Care Products), By Organized vs. Unorganized, Competition Forecast & Opportunities, 2011 - 2021
US Air Purifier Market By Filter Type (HEPA and Activated Carbon; HEPA, Activated Carbon and Ion Ozone Generator; etc.), By End User (Commercial, Residential and Industrial), Competition Forecast and Opportunities, 2011 - 2021
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York - 10017
Tel: +1-646-360-1656
Email: sales@techsciresearch.com
Connect with us on Twitter - https://twitter.com/TechSciResearch
Connect with us on LinkedIn - https://www.linkedin.com/company/techsci-research
Share this article