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The Indian Passenger Cars market is expected to grow at a robust rate of 8 to 9% over the next 5 years; the tire market in India is also likely to grow at a robust rate; however, the replacement market is vital to success. Improvements in road infrastructure, customers opting to drive long distances, online retail, etc. directly impact the competit...

The economies in developed countries have either stabilized or declined over the past few years. As a result, automotive companies are struggling to grow their sales in these markets. End-customers are either continuing to use their existing vehicles or are looking at alternative modes of transport. To sustain growth, automotive OEMs are continuous...

The Indian economy was forecast to record an 11.3% growth in 2021-22, based on prevailing conditions in March 2021. Since then, however, the economic outlook has changed with the start of the 2nd wave of COVID-19. Consequently, a 9.4% growth is anticipated in 2021-22. However, this forecast is subject to changes based on the evolution of the 2nd wa...

Municipal waste management has become a significant concern amongst the Gulf Cooperation Council (GCC) countries. The total municipal solid waste (MSW) generated in the region is expected to reach as high as 127.5 million megatonnes (MT) in 2020. The existing landfilling strategies in the GCC region will not suffice to handle such a high volume of ...

The tankless water heaters market is in a nascent stage in the country. However, it has the potential to replace storage water heaters in the long term. Increasing awareness levels of the product and the need for energy savings will drive the market. The market is dominated by storage electric water heaters. There is strong growth of solar water he...

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...

GCC accounts only for 1.2% of the global HC revenue, but it is the region that saw the highest growth rate in the last decade. GCC has opened doors to global suppliers and moved beyond US imports, which is likely to be the game changer in the 2020s. Technology and digitization are in higher demand than ever before because of higher awareness and ...

21 Jun 2019  |  South Asia, Middle East & North Africa  |  Market Research

Analysis of the Indian Smart Kitchen Appliances Market, Forecast to FY2026

High Disposable Income and the Growing Luxury Real-estate Market are Fueling Demand for Smart Kitchen Appliances

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Key Issues Addressed

The Indian smart kitchen appliances market, which includes refrigerators, ovens, hoods, blenders, coffee makers, scales, cookers and dishwashers, is estimated to increase revenue at cumulative annual growth rate (CAGR) of 11.8%; unit shipments will increase at a CAGR of 10.5% during FY2019–FY2026. The study is segmented based on the product types a...

The macroeconomic outlook for the Middle East is expected to remain modest in 2020, with the expected strengthening of non-oil sectors and increased infrastructure spending in the region. The oil-dependent economies are prioritizing non-oil sectors for economic diversification. Unemployment across the region is expected to fall and remain stable du...