Search results for: 'part covid consumer behavior study'

The Indian Consumer appliances market has witnessed robust growth trends in the past 5 years and is expected to foresee double digit growth reinforced by surging rural consumption, reducing replacement cycles, increasing penetration of lifestyle appliances, and availability of multiple brands at various price points. Rapidly shrinking replacement c...

With the growing market for electronics and increasing complexities of the appliances it is necessary to build the skilled workforce. Majority of the servicing of consumer appliances is done mostly by the unorganized segment creating the need to move them to organized arena. Manpower deficit, outdated curriculum coupled with high attrition and lack...

The online consumer electronics and appliances (white goods, brown goods, and consumer electronics) market in India is valued at approximately INR 99,000 crores. It is driven by the rising disposable incomes, increased penetration of electronic gadgets in everyday use, and an upsurge in the GEN Y population. Some of the challenges faced by this mar...

The need for water purifiers is ever increasing with increase in urbanisation, deteriorating water quality, increasing awareness towards health, and due to high Total Dissolved Solids (TDS) content in the water supplied by municipal bodies. However, educating the end consumer on the effectiveness and efficiency of water purifiers remains a major ch...

Favorable Government policies, Make in India initiative and rising costs in China are the key factors for rise in local manufacturing. EMS market is expected to grow at a CAGR of 38.1% till FY23 from the current market value of INR 56,000 Crore. Mobile phones, Telecom, and Consumer electronics and appliances were the sectors that contributed to E...

The rising middle class in India favors innovative consumer electronics, including the flat panel display TV, which is becoming a smart TV with ubiquitous connectivity in an automated home of the modern man. The FPD TV market is witnessing a short replacement cycle due to technology dynamism. Despite huge demand, local capabilities on the manufactu...

In FY2018, the overall Indian appliance and consumer electronics (ACE) market was estimated at INR 210,000 Cr and is set to grow at a compound annual growth rate (CAGR) of 9%. The cooking appliances market accounted for 7.2% of the ACE market value in FY2018. Increase in consumer appliances market in the country has boded well for the kitchen appli...

The rise in residential and commercial construction projects, along with the high growth from the tourism and hospitality industry, is creating demand for HVAC products in Sri Lanka. Sri Lanka allows total foreign ownership across several industries and imposes no restrictions on repatriation of earnings, fees, and capital. Supporting budgets and p...

09 Oct 2019  |  South Asia, Middle East & North Africa  |  Market Research

Indian Electric Irons Market, Forecast to FY2024

Rising Income Levels, Growing Affordability, and Introduction of Innovative Features will Drive the Electric Irons Market Growth

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Key Issues Addressed

The study aims to analyze and forecast the Indian electric irons market from FY2019 to FY2024. The growth of irons in India is led by an increasing number of new residential units and other construction activities coupled with rising per capita disposable income. Consistent efforts of manufacturers to stimulate replacement purchases through appea...