Kitchen Appliances Market

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Category: Business and Industry

Date Submitted: 08/20/2016 12:13 AM

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Bharatbook.com announces a report on “Indonesia Kitchen Appliances Market By Product, Competition Forecast and Opportunities, 2011-2021”. Growing government initiatives for replacement of kerosene based stoves with gas stoves is projected to drive sales of gas stoves in the country through 2021.

Indonesia is one of the fastest growing markets for Kitchen Appliances in Asia-Pacific. With improving living standards, expanding middle class population and growing number of nuclear families, demand for kitchen appliances in Indonesia has been witnessing an upsurge. Expanding retail formats such as supermarkets, convenience stores and hypermarkets across the country, rising per capita disposable income and increasing working population are few other factors boosting demand for kitchen appliances in Indonesia. In 2015, kitchen appliances market was dominated by large kitchen appliances such as gas stoves, ovens (built in), hoods, hobs (induction cook tops), etc.

“Indonesia Kitchen Appliances Market By Product Segment, Competition Forecast and Opportunities, 2011 - 2021”, kitchen appliances market in Indonesia is projected to register a CAGR of over 16% during 2016-2021. Demand for kitchen appliances in Indonesia is predominantly concentrated in Java and Sumatra regions of the country and these regions are expected to continue their dominance during the forecast period as well. In 2015, gas stoves dominated Indonesia large kitchen appliances market, and the trend expected to continue during the forecast period. Growing government initiatives for replacement of kerosene based stoves with gas stoves is projected to drive sales of gas stoves in the country through 2021. On the other hand, electric cookers dominated small kitchen appliances market in the country, followed by electric kettles and coffee & tea makers. “Indonesia Kitchen Appliances Market By Product Segment, Competition Forecast and Opportunities, 2011-2021” discusses the following aspects of the kitchen...