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India Electric Cooker & Electric Kettle Market Overview,2021-2026

  • ID: 5448452
  • Report
  • August 2021
  • Region: India
  • 98 pages
  • Bonafide Research
OFF
until Dec 31st 2021

FEATURED COMPANIES

  • Bajaj Electricals Limited
  • IFB Industries Limited
  • Philips India Limited
  • Pigeon / Stovekraft
  • TTK Prestige Limited
The recent report India Electric Cooker & Electric Kettle Market Overview, 2021-2026, provides insights on the market, through market size by value & volume and market share by region & sales channel. A rice cooker is an electric appliance, having a non-stick coated inner removable bowl and insulated outer container. It boils the ingredients through heating using the electric element, available in either automatic or non-automatic variants. An electric kettle is an appliance that assists in boiling water that can be used for the preparation of tea, coffee, soups, and other beverages in a matter of seconds.

In the year 2020-21, the electric cooker segment accounted for a market value of nearly INR 245 Cr., which in the forecasted period is expected to grow with an anticipated CAGR of 8.4% in terms of volume, while on the other hand, the electric kettle is expected to register a CAGR of over 20%. The inclination towards use convenience products has increased due to the busy lifestyle of women. With less time required to monitor, such appliances are becoming the first choice among females. Furthermore, the increasing prices of cooking gas have shifted the focus of the consumers from gas-based kitchen appliances to electrical kitchen appliances.

Classifying on basics of category, the electric cooker market can be divided into three segments- Up to 3L, 3L to 5.99L, and 6L and more. While the 3L to 5.99L category leads the market with more than half of the market share, the 6L capacity category is to grow with an anticipated CAGR of more than 12%. In terms of regional market share, the western region leads the market in the case of electric kettle with a market share of nearly 37% of the market in 2020-21. While most of the southern cuisines have rice as an inevitable part, the region dominated the electric rice cooker market with a share of over 40% of the market share.

Electric rice cooker provided uniform cooking, while with the gas stove there may be an overcooked rice layer at the bottom due to the uneven heat distribution. Due to this, the consumers are shifting from gas-based rice cookers to electric rice cookers, which are anticipated to drive the electric rice cookers market in the near future. Based on the distribution of sales channels, the offline sales market is highly preferred, accounting for more than 70% in the current financial years.

Key Players mentioned in the report are Bajaj Electricals Limited, Butterfly Gandhimathi Appliances Limited, IFB Industries Limited, Maharaja Whiteline (Groupe SEB India Pvt. Ltd.), Panasonic India Private Limited, Philips India Limited, Pigeon / Stovekraft, Preethi Kitchen Appliances Private Limited, Sunflame Enterprises Private Limited, TTK Prestige Limited, Whirlpool Of India Limited, Wonderchef Home Appliances Pvt. Limited

The report gives an in-depth understanding of electric cooker and electric kettle market in India:

  • India Electric Kitchen Appliance Market Outlook
  • India Electric Kettle Market Size by Value & Forecast
  • India Electric Kettle Market Size by Volume & Forecast
  • India Electric Cooker Market Size by Value & Forecast
  • India Electric Cooker Market Size by Volume & Forecast
  • India Electric Kettle Market Share by Sales Channel & Region
  • India Electric Cooker Market Share by category, Sales Channel, Region & company
  • Product, Price and Variant Analysis of Electric Cooker & Electric Kettle
  • The key vendors in this market space
This report can be useful to Industry consultants, manufacturers and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Report Methodology: The information contained in this report is based upon both primary and secondary research. Primary research included interviews with various channel partners of induction cooktop and electric cooker in India. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Bajaj Electricals Limited
  • IFB Industries Limited
  • Philips India Limited
  • Pigeon / Stovekraft
  • TTK Prestige Limited
1. Executive Summary

2. Report Methodology

3. India Demographics Insight

4. India Electric Kitchen Appliances Market Outlook
4.1. Market Size
4.1.1. By Value
4.1.2. By Volume
4.2. Market Share
4.2.1. By Company
4.2.2. By Product Type (Value & Volume)
4.2.3. By Sales Channel
4.2.4. By Region

5. India Electric Cooker Market Outlook
5.1. Market Size
5.1.1. By Value
5.1.2. By Volume
5.2. Market Share
5.2.1. By Company
5.2.2. By Category
5.2.3. By Region
5.2.4. By Sales Channel
5.3. Product, Price & Variant Analysis

6. India Electric Kettle Outlook
6.1. Market Size
6.1.1. By Value
6.1.2. By Volume
6.2. Market Share
6.2.1. By Region
6.2.2. By Sales Channel
6.3. Product, Price & Variant Analysis

7. India Economic Snapshot

8. PEST Analysis

9. Policy & Regulatory Landscape

10. Channel Partner Analysis

11. Indian Kitchen Appliances Market Dynamics
11.1. Key Drivers
11.2. Key Challenges

12. Market Trends & Developments

13. Competitive Landscape
13.1. Porters Five Forces Analysis
13.2. Company Profile
13.2.1. Bajaj Electricals Limited
13.2.2. Butterfly Gandhimathi Appliances Limited
13.2.3. IFB Industries Limited
13.2.4. Maharaja Whiteline (Groupe SEB India Pvt. Ltd.)
13.2.5. Panasonic India Private limited
13.2.6. Philips India Limited
13.2.7. Pigeon / Stovekraft
13.2.8. Preethi Kitchen Appliances Private Limited
13.2.9. Sunflame Enterprises Private Limited
13.2.10. TTK Prestige Limited
13.2.11. Whirlpool Of India Limited
13.2.12. Wonderchef Home Appliances Pvt. Limited

14. Disclaimer
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Bajaj Electricals Limited
  • Butterfly Gandhimathi Appliances Limited
  • IFB Industries Limited
  • Maharaja Whiteline (Groupe SEB India Pvt. Ltd.)
  • Panasonic India Private limited
  • Philips India Limited
  • Pigeon / Stovekraft
  • Preethi Kitchen Appliances Private Limited
  • Sunflame Enterprises Private Limited
  • TTK Prestige Limited
  • Whirlpool Of India Limited
  • Wonderchef Home Appliances Pvt. Limited
Note: Product cover images may vary from those shown
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