Free Webex Call
The India Cooktops Market was valued at USD 1.03 Billion in 2024 and is projected to reach USD 1.59 Billion by 2030, rising at a CAGR of 7.47%. The market has seen notable expansion due to rising urbanization, increasing disposable incomes, and shifting consumer preferences towards contemporary kitchen appliances. Demand for energy-efficient, safe, and user-friendly cooktops - particularly induction, ceramic, and advanced gas models - is accelerating. Urban consumers are increasingly attracted to smart features and compact designs that suit modern lifestyles. Manufacturers are actively innovating, offering a wide range of technologically enhanced cooktops to meet the evolving needs of both urban and rural populations. Speak directly to the analyst to clarify any post sales queries you may have.
10% Free customizationThis report comes with 10% free customization, enabling you to add data that meets your specific business needs.
Key Market Drivers
Increasing Urbanization and Changing Lifestyles
The ongoing surge in India’s urban population, which reached 461 million in 2024 and is expanding at a rate of 2.3% annually, is significantly influencing cooktop market growth. Urban centers are expected to generate 75% of the country’s income by 2031, leading to a spike in demand for modern kitchen solutions. Space constraints and the fast-paced lifestyle in cities have amplified the appeal of compact, high-performance cooktops like induction and ceramic models. These products are appreciated for their energy efficiency and ease of operation. As more individuals seek convenience due to busy schedules, cooktops that facilitate quicker and smarter cooking are becoming increasingly popular in metropolitan households.Key Market Challenges
Price Sensitivity and Affordability Issues
Price sensitivity remains a key obstacle in the India cooktops market, especially in semi-urban and rural regions. While modern cooktops are gaining traction, a considerable portion of consumers continues to prefer affordable traditional gas stoves. The higher upfront costs of induction and ceramic cooktops, along with the requirement for compatible electrical infrastructure, often deter lower-income consumers from making the switch. Despite their long-term benefits, such appliances are perceived as costly, compelling manufacturers to strike a balance between innovation and affordability to serve a broader economic spectrum.Key Market Trends
Growing Popularity of Induction Cooktops
Induction cooktops are gaining momentum across the Indian market owing to their superior energy efficiency, faster cooking, and enhanced safety. Unlike conventional gas stoves, induction technology transfers heat directly to cookware through electromagnetic fields, enabling precise temperature control and quicker results. This is especially appealing to urban users looking for modern, flame-free, and eco-conscious cooking options. As awareness of sustainable living and government initiatives supporting energy-efficient appliances rise, the preference for induction cooktops continues to expand. Advancements such as multi-zone cooking, touch controls, and stylish designs, combined with more affordable price points, are driving their acceptance across various income brackets.Key Players Profiled in this India Cooktops Market Report
- 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
Report Scope:
In this report, the India Cooktops Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:India Cooktops Market, by Product Type:
- Gas Cooktops
- Induction Cooktops
- Electric Coil Cooktops
- Hybrid Cooktops
India Cooktops Market, by Number of Heating Elements:
- 2 and Below
- 3 to 4
- More than 4
India Cooktops Market, by Technology:
- Free Standing
- Built-in
India Cooktops Market, by Sales Channel:
- Supermarkets/Hypermarkets
- Multi-Branded Stores
- Online
- Others
India Cooktops Market, by Region:
- North
- South
- East
- West
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the India Cooktops Market.Available Customizations:
With the given market data, the publisher 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).
This product will be delivered within 1-3 business days.
Table of Contents
1. Introduction
2. Research Methodology
3. Executive Summary
4. Voice of Customer
5. India Cooktops Market Outlook
6. India Gas Cooktops Market Outlook
7. India Induction Cooktops Market Outlook
8. India Electric Coil Cooktops Market Outlook
9. India Hybrid Cooktop Market Outlook
10. Market Dynamics
11. Market Trends & Developments
12. Porters Five Forces Analysis
15. Competitive Landscape
Companies Mentioned
The leading companies profiled in this India Cooktops market report include:- 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
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 70 |
Published | May 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 1.03 Billion |
Forecasted Market Value ( USD | $ 1.59 Billion |
Compound Annual Growth Rate | 7.4% |
Regions Covered | India |
No. of Companies Mentioned | 11 |