Built-in Kitchen Appliances Market in India

04thAugust 2016 – Navi Mumbai, India: Market reports on India presents the latest report on “India Built-in Kitchen Appliances Market” Increasing construction of premium apartment, coupled with growing association of companies with builders, for installation of built-in kitchen appliances, are also contributing in the rising demand of built-in kitchen appliances in India.

Built-in kitchen appliances are gaining popularity in India on account of rising urban population, growing purchasing power, and increasing expenditure on promotional programs by companies to increase consumer awareness. Moreover, various other factors such as increasing working women population and expanding retail formats such as supermarkets, convenience stores and hypermarkets across the country are positively influencing built-in kitchen appliances market. Increasing construction of premium apartment, coupled with growing association of companies with builders, for installation of built-in kitchen appliances, are also contributing in the rising demand of built-in kitchen appliances in India.

“India Built-in Kitchen Appliance Market By Product Type, Competition Forecast and Opportunities, 2021”, built-in kitchen appliances market in India is projected to grow at a CAGR of over 17% during 2016 - 2021. Growing consumer expenditure on luxury goods, coupled with an increasing number of distributers and dealers of built-in kitchen appliances collaborating with leading online portals such as Flipkart, Amazon, etc., is expected to boost consumer adoption over the next five years. Demand for built-in kitchen appliances is predominantly concentrated in South and North regions of India. In 2015, both of these regions accounted for around 63% of the market share in India built-in kitchen appliances market, and these regions are expected to maintain their dominance through the forecast period as well. “India Built-in Kitchen Appliance Market By Product Type, Competition Forecast and Opportunities,...