This report comes with 10% free customization, enabling you to add data that meets your specific business needs.
1h Free Analyst TimeSpeak directly to the analyst to clarify any post sales queries you may have.
The demand for a microwave oven may gain strong support from the rising consumer spending on kitchen appliances. The adoption of kitchen and home appliances is forecast to witness robust growth, owing to the increasing rate of urbanization in the country and the increasing ability of the middle-class population’s affordability. Widely classified into the normal and pop-up toaster, the market is led by the normal toaster with more than 70% of the market share. However, the high power consumption is expected to be a major restraint for the growth of the microwave oven market, with many regions facing frequent power cuts. The rising trend of connectivity between home appliances and innovations, such as inverter-based microwave ovens, is to create new potential in the market.
The microwave oven, OTG & toaster market is expected to register notable growth in the near future, owing to a significant increase in disposable income and growing working-class segment in the country. The increasing propensity of consumers to spend on appliances that assist them in kitchen chores has generated an increasing demand for microwave ovens. The northern region dominates the market with a marginal share difference from the southern region. However, the prominent use of traditional cooking equipment in the Eastern regions of the country limits the growth of the market.
The need for energy-efficient kitchen appliances and the growing demand for smart appliances are factors that will drive the growth of the market. Classified into four major segments of- Up to 20L, 21-25L, 26-30L, and 31L & more, based on capacity the market is led by the 21-25L segment. High disposable income increases the spending capacity of consumers to spend more on technology-driven premium microwave ovens & OTG. Moreover, consumers opt for multipurpose and hassle-free appliances, which make their kitchen chores much easier, which in turn are driving the adoption of microwave ovens. Added with this, the increasing interest of people in baking is a major addition to the market growth.
Key Players mentioned in the report are:
Bajaj Electricals Limited, Godrej Appliances, IFB Industries Limited, LG Electronics, Maharaja Whiteline (Groupe SEB India Pvt. Ltd.), Panasonic India Private Limited, Philips India Limited, Preethi Kitchen Appliances Private Limited, Samsung India Electronics Private Limited, Stove Kraft Private Limited, TTK Prestige Limited, Whirlpool Of India Limited, Wonderchef Home Appliances Pvt. Limited
India Microwave Oven, OTG & Toaster Market Outlook, 2026” discusses the following aspects of Microwave Oven, OTG & Toasters in India:
The report gives an in-depth understanding of induction cooktop and electric cooker market in India:
- India Electric Kitchen Appliance Market Outlook
- India Microwave Oven Market Size By Value & Forecast
- India Microwave Oven Market Size By Volume & Forecast
- India OTG Market Size By Value & Forecast
- India OTG Market Size By Volume & Forecast
- India Microwave Oven, OTG & Toasters Market Segmental Analysis: By Company, By Region, By City
- India Toaster Market Size By Value & Forecast
- India Toaster Market Size By Volume & Forecast
- India Toaster Market Segmental Analysis: By Company
- Product, Price and Variant Analysis of Microwave Oven, OTG & Toaster -The key vendors in this market space
- Competitive Landscape & Strategic Recommendations
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 databasesTable of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Bajaj Electricals Limited
- Godrej Appliances
- IFB Industries Limited
- LG Electronics
- Maharaja Whiteline (Groupe SEB India Pvt. Ltd.)
- Panasonic India Private limited
- Philips India Limited
- Preethi Kitchen Appliances Private Limited
- Samsung India Electronics Private Limited
- Stove Kraft Private Limited
- TTK Prestige Limited
- Whirlpool Of India Limited
- Wonderchef Home Appliances Pvt. Limited