India Kitchenware Products Market Overview
According to SPER Market Research, the India Kitchenware Products Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%.
Appliances used in the kitchen for food preparation, cleaning, and storage include ovens, refrigerators, stoves, coffee makers, blenders, dishwashers, and food processors. These appliances mostly rely on electricity, cooking oil, and solar energy. Because they can help save time, money, and energy and come in a variety of colours, styles, materials, sizes, and mechanics, kitchen appliances have a wide range of purposes in India's domestic and commercial sectors. One of the main factors favourably affecting the market in India is the rising popularity of high-end kitchen appliances due to increased customer awareness of high quality and durability. The nation's cafés, restaurants, and other small food businesses have also embraced connected kitchen equipment including egg minders, smart frying pans and meat thermometers, sous vide precision cookers, drop connected kitchen scales, and digital volumetric spoon scales. Additionally, sensors that are put on various kitchen equipment can be used to monitor food quality. These sensors can detect temperature changes, improve food safety, and minimise rotting. Along with this, market leaders are providing refrigeration units in a wider range of price points and configurations in an effort to diversify their product offerings and boost overall sales. Additionally, because of peoples' busy lives and demanding schedules, there is an increase in the need for simple-to-use appliances. Sales of kitchen equipment are being boosted in India by this, the rising popularity of open kitchens, and the rise of online distribution channels. Aside from that, the nation's rising urbanisation is fuelling demand for opulent apartments with modular kitchens and fostering a favourable outlook for the market.
Based on rising consumer spending trends, an increase in per capita income, and a growing population in various states and regions, the Indian cookware market has been expanding successfully over the past few years and is predicted to grow by double digits in the near future. One of the main factors influencing the expansion of the Indian cookware industry is the increased demand for branded products from rural areas (almost 70% of India's population still lives in rural areas). This is because the rural population is better aware of greater quality and durability. India's cookware is primarily driven by rising disposable incomes and changing lifestyles, which encourage a tendency towards sophisticated kitchens and a desire to carry out the culinary experience with comfort and ease, especially for the expanding population of working women. In order to maximise sales and successfully satisfy consumer demand, the market is being encouraged by expanding online retail to enter this rapidly increasing channel of distribution.
Impact of COVID-19 on the India Kitchenware Products Market
Due to the COVID-19 pandemic-induced lockdown, everyone started cooking and sharing their culinary creations on social media and other digital platforms. This left everyone with a lot of free time or forced restaurants to close, which helped the cookware industry by spurring more online purchases of cookware. Based on rising consumer spending trends, an increase in per capita income, and a growing population in various states and regions, the Indian cookware market has been expanding successfully over the past few years and is predicted to grow by double digits in the near future. One of the main factors boosting the growth of the Indian cookware market is the rise in demand for branded goods from rural areas, which is caused by the rural population's increased awareness of higher quality and durability. India's cookware is primarily driven by rising disposable incomes and changing lifestyles, which encourage a tendency towards sophisticated kitchens and a desire to carry out the culinary experience with comfort and ease, especially for the expanding population of working women. In order to maximize sales and successfully satisfy consumer demand, the market is being encouraged by expanding online retail to enter this rapidly increasing channel of distribution.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2032 |
Base year considered | 2021 |
Forecast period | 2022-2032 |
Segments covered | By Products, By Materials, By End User, By Distribution Channel, By Fuel Type.
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Regions covered | East India, North India, South India, West and Central India.
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Companies Covered | Bajaj Electricals, Hawkins Cookers, Stovekraft, TTK Prestige, Wonderchef.
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India Kitchenware Products Market Segmentation:
1. By Products:
- Cooking Racks
- Cooking Tools
- Microwave Cookware
- Pots & Pan
- Pressure Cookers
2. By Materials:
- Aluminium
- Glass
- Stainless Steel
3. By End User:
4. By Distribution Channel:
- Hypermarkets and Supermarkets
- Online
- Specialty Store
5. By Fuel Type:
6. By Region:
- Central India
- East India
- North India
- South India
- West and Central India
Key Topics Covered in the Report:
- India Kitchenware Products Market Size (FY’2019-FY’2032)
- Overview of India Kitchenware Products Market
- Segmentation of India Kitchenware Products Market By Products ( Pots & Pan, Cooking Racks, Cooking Tools, Microwave Cookware, Pressure Cookers)
- Segmentation of India Kitchenware Products Market By Materials (Aluminium, Stainless Steel, Glass, Others)
- Segmentation of India Kitchenware Products Market By End User (Commercial, Residential)
- Segmentation of India Kitchenware Products Market By Distribution Channel (Hypermarkets and Supermarkets, Online, Speciality Store, Others)
- Segmentation of India Kitchenware Products Market By Fuel Type (Cooking Gas, Electricity, Others)
- Statistical Snap of India Kitchenware Products Market
- Growth Analysis of India Kitchenware Products Market
- Problems and Challenges in India Kitchenware Products Market
- Competitive Landscape in the India Kitchenware Products Market
- Impact of COVID-19 and Demonetization on India Kitchenware Products Market
- Details on Recent Investment in India Kitchenware Products Market
- Competitive Analysis of India Kitchenware Products Market
- Key Players in the India Kitchenware Products Market
- SWOT Analysis of India Kitchenware Products Market
- India Kitchenware Products Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the India Kitchenware Products Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 India Kitchenware Products Car Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in India Kitchenware Products Market
7. India Kitchenware Products Market, By Products, 2019-2032 (USD Million)
7.1 Cooking Racks
7.2 Cooking Tools
7.3 Microwave Cookware
7.4 Pots & Pan
7.5 Pressure Cookers
8. India Kitchenware Products Market, By Materials, 2019-2032 (USD Million)
8.1 Aluminium
8.2 Glass
8.3 Stainless Steel
8.4 Others
9. India Kitchenware Products Market, By End User, 2019-2032 (USD Million)
9.1 Commercial
9.2 Residential
10. India Kitchenware Products Market, By Distribution Channel, 2019-2032 (USD Million)
10.1 Hypermarkets and Supermarkets
10.2 Online
10.3 Specialty Store
10.4 Others
11. India Kitchenware Products Market, By Fuel Type, 2019-2032 (USD Million)
11.1 Cooking Gas
11.2 Electricity
11.3 Others
12. India Kitchenware Products Market, By Region, 2019-2032 (USD Million)
12.1 India Kitchenware Products Size and Market Share by Region (2019-2025)
12.2 India Kitchenware Products Size and Market Share by Region (2026-2032)
12.3 Central India
12.4 East India
12.5 North India
12.6 South India
12.7 West and Central India
13. Company Profiles
13.1 Bajaj Electricals
13.1.1 Company details
13.1.2 Financial outlook
13.1.3 Product summary
13.1.4 Recent developments
13.2 Hawkins Cookers
13.2.1 Company details
13.2.2 Financial outlook
13.2.3 Product summary
13.2.4 Recent developments
13.3 Stovekraft
13.3.1 Company details
13.3.2 Financial outlook
13.3.3 Product summary
13.3.4 Recent developments
13.4 TTK Prestige
13.4.1 Company details
13.4.2 Financial outlook
13.4.3 Product summary
13.4.4 Recent developments
13.5 Wonderchef
13.5.1 Company details
13.5.2 Financial outlook
13.5.3 Product summary
13.5.4 Recent developments
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.