1. Home
  2. > Electronics
  3. > Consumer Electronics
  4. > Home Appliance
  5. > White Goods Market Trends
India Cooktops Market, By Product Type, By Number of Heating Elements, By Sector, By Technology, By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2018-2028

India Cooktops Market, By Product Type, By Number of Heating Elements, By Sector, By Technology, By Distribution Channel, By Region, Competition, Forecast & Opportunities, 2018-2028

  • October 2022
  • 71 pages
  • ID: 5615117
  • Format: PDF
  • TechSci Research

Summary

Table of Contents

India Cooktops Market, By Product Type (Gas Cooktops, Induction Cooktops, Electric Coil Cooktops, and Hybrid Cooktops), By Number of Heating Elements (2 and Below, 3 to 4, More than 4), By Sector (Organized Sector and Unorganized Sector), By Technology (Free Standing and Built-in), By Distribution Channel (Kitchen Appliances Stores, Multi-Branded Stores, Online, Exclusive Stores, Supermarkets/Hypermarkets, and Others (Direct Sales, Sanitaryware Stores, etc.), By Region, Competition, Forecast & Opportunities, 2018-2028

Growing urbanization and changing lifestyles and preferences of consumers are influencing the cooktops market of India, which is expected to grow at a CAGR of 6.23% during the forecast period, reaching USD 1310.02 million by 2028F. Furthermore, increased purchasing power, product innovation, and technological improvements are expected to boost the India cooktops market during the forecast period.

Additionally, urban Indians’ purchasing power has expanded as a result of their preference for goods and services.Additionally, the demand for qualitative products is rising as the working population increases across the country.

This factor is expected to aid the market in growing at a high rate.Moreover, various companies are using strategies such as mergers and acquisitions to expand their consumer base in the cooktops market around the nation.

For instance, in March 2022, Crompton acquired a 55% stake in the company Butterfly Gandhimathi Appliances Limited for roughly USD 187.76 million. Additionally, the company has initiated the open offer procedure, which could increase its overall stake to 81%. Similarly, in 2021, Whirlpool acquired an additional stake of 38% in Elica PB India for around USD 57 million, which would bring its total equity ownership to 87%. Such initiatives by companies are anticipated to further boost their market growth in the future years.

Rising Online Sales Channels will lead to the Market Growth of Cooktops
With more consumers shopping online, major market players are heavily utilizing digital channels to connect with customers.The digital marketing strategy aims to increase traffic and product discoverability on the e-commerce platform.

Rapid use of the internet, rising use of smartphones, and an increase in digital literacy are speeding up the transition to digital payments and e-commerce on online platforms, bringing customers and brands closer together. These factors have provided higher brand penetration, particularly in the Tier-II plus cities expanding the consumer base in the cooktops market of India.

Increasing Innovations to the Cooktops Fueling the Market Growth
Numerous international corporations are investing a significant amount of money in their research and development division due to the industry’s growing need for efficient cooktops.Diverse innovations are being developed concurrently to encourage market expansion.

For instance, in 2021, TTK Prestige launched the ‘revolutionary Svachh Glass Top gas stove’ in Hyderabad.This product has a unique liftable burner that is attached to a hinge with one arm.

Since there is no complicated mechanism issue, these burners are simple to lift for cleaning. The internal product development team at TTK Prestige developed the product.

Increasing Purchasing Power will Fuel the Market Growth
The combined purchasing power of the Indian middle class would grow into one of the largest markets in the world; this expanding population segment and its increased purchasing power may inspire creativity and provide jobs, promoting economic growth.The main factor propelling the Indian cooktops market is the growth of the population’s purchasing power.

Also, the population density and movement from rural to urban areas cities have been key elements in the development of the market for small home appliances in India. A rough estimate is that more than 40% of India’s population will be women by 2030 residing in cities.

Market Segmentation
The India cooktops market is segmented by product type, number of heating elements, sector, technology, distribution channel, end user, and region.The market is segmented into gas cooktops, induction cooktops, electric coil cooktops and hybrid cooktops based on product type.

The number of heating elements segment is divided into 2 and below, 3 to 4, and more than 4.The sector category is further segmented into organized and unorganized.

The market is also segregated in terms of technology between free standing and built-in. The distribution channel is segmented into kitchen appliances stores, multi-branded stores, exclusive stores, supermarkets/hypermarkets, online, and others (direct sales, sanitaryware stores, etc.). In terms of end user segment, the market is segmented into commercial and residential.

Company Profiles
TTK Prestige LTD., Crompton Greaves Consumer Electricals Limited, Stove Kraft Limited, Bajaj Electricals Limited, Sunflame Enterprises Pvt. Ltd., Kaff Appliances (India) Private Limited, Glen Appliances Private Limited, Franke Faber India Private Limited, Usha International Limited, Havells India Limited are some of the leading market players in the Indian cooktops market. New market players have also been actively entering the market in recent years, further strengthening future market growth.

Report Scope:

In this report, India Cooktops Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• India Cooktops Market, By Product Type:
o Gas Cooktops
o Induction Cooktops
o Electric Coil Cooktops
o Hybrid Cooktops
• India Cooktops Market, By Number of Heating Elements:
o 2 and Below
o 3 to 4
o More than 4
• India Cooktops Market, By Sector:
o Organized
o Unorganized
• India Cooktops Market, By Technology:
o Free Standing
o Built-in
• India Cooktops Market, By Distribution Channel:
o Kitchen Appliances Stores
o Multi-Branded Stores
o Online
o Exclusive Stores
o Supermarkets and Hypermarkets
o Others (Direct Sales, Sanitaryware Stores, etc.)
• India Cooktops Market, By End User:
o Residential
o Commercial
• India Cooktops Market, By Region:
o South
o North
o West
o East

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India cooktops market.

Available Customizations:

With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Grace helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Induction Cooktops Market Research Report by Product, Use, Style, Distribution, Country - North America Forecast to 2027 - Cumulative Impact of COVID-19

  • $ 2949
  • October 2022
  • 144 pages

Induction Cooktops Market Research Report by Product, Use, Style, Distribution, Country - North America Forecast to 2027 - Cumulative Impact of COVID-19 The North America Induction Cooktops Market size ...

  • North America
  • Kitchen Stove
  • Industry analysis

Global Slow Cooker Industry $ 5450 October 2022

Global Smart Kitchen Industry $ 4950 October 2022


ref:plp2022

Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on