India Built-in Kitchen Appliances Market Size Set to Expand at Steady CAGR of 8.72% during 2023–2029

Published | 08 May 2023

India built-in kitchen appliances market is rapidly growing due to rising urbanization, increasing disposable incomes, changing consumer lifestyles, and growing awareness about the benefits of modular kitchens.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects the India built-in kitchen appliances market size to grow at a steady CAGR of 8.72% during the forecast period between 2023 and 2029. India built-in kitchen appliances market size driven by rising disposable income, changing lifestyles, and increasing urbanization across the country. The market is also driven by the growing popularity of smart kitchen appliances and the demand for modular kitchens. The top players in the market are focusing on launching new and innovative items to meet shifting consumer tastes. Also, the growing preference for energy-efficient appliances is propelling the market forward. However, high costs and the requirement for professional installation may limit the growth of India built-in kitchen appliances market.

India Built-in Kitchen Appliances Market – Overview

Built-in kitchen appliances are household cooking or cleaning devices that are designed to fit seamlessly into a kitchen's cabinetry or countertops. These appliances include ovens, stovetops, microwaves, dishwashers, and refrigerators that are integrated into the kitchen's layout rather than standing as separate units. They are built to be flush with surrounding cabinetry or surfaces, giving the kitchen a streamlined and cohesive appearance.

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Impact of COVID-19 on India Built-in Kitchen Appliances Market

The COVID-19 pandemic significantly affected the India built-in kitchen appliances market. The nationwide lockdowns and disruptions in supply chains led to a decline in consumer demand for these products. With many people losing their jobs or facing salary cuts, purchasing power also decreased. However, as people spent more time at home, there was a rise in the demand for products, such as built-in ovens and microwaves, that make cooking at home easier and more convenient. The India built-in kitchen appliances market is expected to recover gradually, as the country recovers from the pandemic and consumers become more confident in their financial stability.

India Built-in Kitchen Appliances Market – By Application

On basis of application, India built-in kitchen appliances market is bifurcated into Residential and Commercial segments. The residential segment is a higher contributor to the growth of India built-in kitchen appliances market. The segment includes appliances, such as built-in ovens, cooktops, refrigerators, and dishwashers that are installed in households. On the other hand, the commercial segment includes appliances that are installed in commercial kitchens, such as restaurants and hotels, and includes larger appliances like commercial ovens and refrigerators.

Competitive Landscape

India built-in kitchen appliances market is highly competitive. Major companies in the market include Whirlpool India Ltd., BSH Household Appliances Manufacturing Private Limited, Franke Faber India Private Limited, Hafele India Private Limited, Miele India Pvt. Ltd., Samsung India Electronics Private Limited, Haier Smart Home Co. Ltd., Kaff Appliances (India) Private Limited, IFB Appliances LTD, and BlowHot Kitchen Appliances Pvt. Ltd. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in India built-in kitchen appliances market.

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The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of India Built-in Kitchen Appliances Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India Built-in Kitchen Appliances Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

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