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India Induction Cooktop & Electric Cooker Market Outlook, 2021

India Induction Cooktop & Electric Cooker Market Outlook, 2021

Publisher : Bonafide Research | SKU : 160810341 | Pages : 87 |
Published Date : 2016-08-01 | Figures : 28 | Tables : 24
Region : Asia-Pacific | Country : 101 | Category: Consumer Goods & Services
Induction technology heats up the race for advanced cooktop interfaces in India: Bonafide Research

India Induction Cooktop & Electric Cooker Market Outlook, 2021

India Induction Cooktop & Electric Cooker Market Outlook, 2021
12
Bonafide Research | SKU : 160810341
Pages : 87 | Aug, 16 | Region : Asia-Pacific
Figures : 28 | Tables : 24
Category: Consumer Goods & Services
Induction technology heats up the race for advanced cooktop interfaces in India: Bonafide Research

This report gives an in-depth analysis of induction cooktop & electric cooker industry in India. The enormous growth of induction cooktop and electric cooker market is formed by its functionality, technology, energy efficiency and aesthetics. In India, induction cooktop market has much greater volume shares as compared to electric cookers. Demand of modular kitchen, increasing price of LPG and fuel, number of working women's, expanding middle class and rising availability has made this market more attractive and popular. Moreover, the fact that most of the Indian dishes can be prepared using an induction cooker has added to its popularity. Some brands of induction cooktop have now started providing specially programmed cooktops with preset functions for Indian cooking.

According to “India Induction Cooktop & Electric Cooker Market Outlook, 2021”, induction cooktop market is expected to grow at a CAGR of around 25% over next five years. Prestige, Bajaj, Preethi and Pigeon are some of the leading brands operating in the induction cooktop market of India. The sales have been very aggressive in northern and western regions of India whereas other regions are also expected to create demand in the forecast period due to increasing awareness of the product and high living standard of consumers. Delhi, Chennai, Mumbai, Bangalore and Pune are the major cities in case of sales value and volume. Other cities are also contributing their presence in this segment and expected to grow during the forecast period. Portable, single and standalone units of induction stove are also available in the market to attract Indian consumers which is driving the demand of induction cooktops.

Electric cookers, which are slowly catching up the Indian market, are expected to have healthy adoption and acceptance during the forecast period. However, they will record much slower growth as compared to induction cooktops. Advantages associated with electric cookers like preparing nutritious and tasty meals within a shorter span of time has added to its demand. Many quick service restaurant formats which have introduced rice dishes recently have also started using electric cookers in their outlets. These commercial outlets see noteworthy effectiveness in their operations as electric cookers save their time, manpower and space. Nevertheless, electric cookers are still a very modern concept for India and hence their demand will continue to grow mainly into urban cities. Supermarkets, convenience stores and hypermarkets have emerged as a key points-of-sale offering a wide range of such modern appliances in the country. Big retail players such as Big Bazaar, Croma, Reliance Digital etc. have proven to be a major contributor in increasing the awareness level among Indian consumers.

Key Product Types

  • Induction Cooktop
  • Electric Cooker

“India Induction Cooktop & Electric Cooker Market Outlook, 2021” discusses the following aspects of induction cooktop and electric cooker in India:

How it will help solving your strategic decision making process??

The report gives an in-depth understanding of induction cooktop and electric cooker in India:

- India Electric Kitchen Appliance Market Outlook

- India Induction Cooktop & Electric Cooker Market Outlook

- India Induction Cooktop & Electric Cooker Market Size & Forecast (Value & Volume)

- India Induction Cooktop Market Size & Forecast (Value & Volume)

- India Induction Cooktop Market Segmental Analysis: By Company, By Region, By City

- India Electric Cooker Market Size & Forecast (Value & Volume)

- India Electric Cooker Market Segmental Analysis: By Company

- Product, Price and Variant Analysis of Induction Cooktop & Electric Cooker

-The key vendors in this market space

- Competitive Landscape & Strategic Recommendations

This report can be useful to Industry consultants, manufacturers and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Report Methodology

The information contained in this report is based upon both primary and secondary research. Primary research included interviews with various channel partners of induction cooktop and electric cooker in India. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

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  • TABLE OF CONTENTS
  • 1. Executive Summary
  • 2. India Electric Kitchen Appliance Market Outlook
  • 3. India Induction Cooktop & Electric Cooker Market Outlook
  • 3.1. Market Size By Value
  • 3.2. Market Size By Volume
  • 4. India Induction Cook-top Market Outlook
  • 4.1. Market Size By Value
  • 4.2. Market Size By Volume
  • 4.3. Market Share
  • 4.3.1. By Company
  • 4.3.2. By Region
  • 4.3.3. By City
  • 4.4. Average Selling Price
  • 4.5. Product, Price & Variant Analysis
  • 5. India Electric Rice Cooker Market Outlook
  • 5.1. Market Size By Value
  • 5.2. Market Size By Volume
  • 5.3. Market Share By Company
  • 5.4. Average Selling Price
  • 5.5. Product, Price & Variant Analysis
  • 6. India Economic Snapshot
  • 7. PEST Analysis
  • 8. Market Penetration
  • 9. Policy & Regulatory Landscape
  • 10. Channel Partner Analysis
  • 11. India Induction Cooktop & Electric Cooker Market Dynamics
  • 11.1. Key Drivers
  • 11.2. Key Challenges
  • 12. Market Trends & Developments
  • 12.1. Popularity of Modular Kitchen Among Middle-Class Consumers
  • 12.2. Consumers Swing Towards Western Cooking
  • 12.3. Growing Preference for Electrical Cooking Appliances
  • 12.4. Technological Up-gradation and Modernization to Spearhead Market Growth
  • 12.5. Surge in Number of Modern Retail Outlets
  • 13. Competitive Landscape
  • 13.1. Porters Five Forces
  • 13.2. Company Profiles
  • 13.2.1. TTK Prestige Limited
  • 13.2.2. Bajaj Electricals Limited
  • 13.2.3. Preethi Kitchen Appliances Pvt. Ltd.
  • 13.2.4. Philips India Limited
  • 13.2.5. Stovekraft Pvt. Ltd.
  • 13.2.6. Panasonic India Pvt. Ltd.
  • 13.2.7. Groupe SEB India Pvt. Ltd.
  • 13.2.8. Havells India Limited
  • 13.2.9. Butterfly Gandhimathi Appliances Limited
  • 13.2.10. Kitchen Appliances India Limited
  • 14. Strategic Recommendations
  • 15. Disclaimer

LIST OF FIGURES
Figure-1: India Induction Cooktop & Electric Cooker Market Size - By Value 2010 - 2015 (INR Crore)
Figure-2: India Induction Cooktop & Electric Cooker Market Size Forecast - By Value 2016F - 2021F (INR Crore)
Figure-3: India Induction Cooktop & Electric Cooker Market Size - By Volume 2010 - 2015 (Million units)
Figure-4: India Induction Cooktop & Electric Cooker Market Size Forecast - By Volume 2016F - 2021F (Million units)
Figure-5: India Induction Cooktop Market Size - By Value 2010 - 2015 (INR Crore)
Figure-6: India Induction Cooktop Market Size Forecast - By Value 2016F - 2021F (INR Crore)
Figure-7: India Induction Cooktop Market Size - By Volume 2010 - 2015 (Million units)
Figure-8: India Induction Cooktop Market Size Forecast - By Volume 2016F - 2021F (Million units)
Figure-9: India Induction Cooktop Market Share - By Product Type By Volume 2015 & 2021F
Figure-10: India Induction Cooktop Market Share - By Region By Value 2015 & 2021F
Figure-11: India Induction Cooktop Market Share - By Region By Value 2015 & 2021F
Figure-12: Average Selling Price of Induction Cooktop in India 2010-2021F (INR)
Figure-13: India Electric Cooker Market Size - By Value 2010 - 2015 (INR Crore)
Figure-14: India Electric Cooker Market Size Forecast - By Value 2016F - 2021F (INR Crore)
Figure-15: India Electric Cooker Market Size - By Volume 2010 - 2021F (Million units)
Figure-16: India Electric Cooker Market Share - By Company By Volume 2015 & 2021F
Figure-17: Average Selling Price of Electric Cooker in India 2010-2021F (INR)
Figure-18: Distribution Channel followed by Manufacturers in India

LIST OF TABLES
Table-1: Pricing Analysis of Induction Cooktop Brands Available in India
Table-2: Pricing Analysis of Electric Cooker Brands Available in India
Table-3: India Economic Profile – 2014
Table-4: Product Portfolio of TTK Prestige Limited
Table-5: Key Facts of TTK Prestige Limited
Table-6: Product Portfolio of Bajaj Electricals Limited
Table-7: Key Facts of Bajaj Electricals Limited
Table-8: Product Portfolio of Preethi Kitchen Appliances Pvt. Ltd.
Table-9: Key Facts of Preethi Kitchen Appliances Pvt. Ltd.
Table-10: Product Portfolio of Philips India Limited
Table-11: Key Facts of Philips India Limited
Table-12: Product Portfolio of Stovekraft Pvt. Ltd.
Table-13: Key Facts of Stovekraft Pvt. Ltd.
Table-14: Product Portfolio of Panasonic India Pvt. Ltd.
Table-15: Key Facts of Panasonic India Pvt. Ltd.
Table-16: Product Portfolio of Groupe SEB India Pvt. Ltd.
Table-17: Key Facts of Groupe SEB India Pvt. Ltd.
Table-18: Product Portfolio of Havells India Limited
Table-19: Key Facts of Havells India Limited
Table-20: Product Portfolio of Butterfly Gandhimathi Appliances Limited
Table-21 Key Butterfly Gandhimathi Appliances Limited
Table-22: Product Portfolio of Kitchen Appliances India Limited
Table-23: Key Facts of Kitchen Appliances India Limited

  • TTK Prestige Limited
    Bajaj Electricals Limited
    Preethi Kitchen Appliances Pvt Ltd
    Philips India Limited
    Stovekraft Pvt Ltd
    Panasonic India Pvt Ltd
    Groupe SEB India Pvt Ltd
    Havells India Limited
    Butterfly Gandhimathi Appliances Limited
    Kitchen Appliances India Limited ( )

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