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India Induction Cooktop & Electric Cooker Market - Industry Size, Trends, Growth, & Forecast To 2026

India Induction Cooktop & Electric Cooker Market - Industry Size, Trends, Growth, & Forecast To 2026

Actual Market Research 25-08-2021 88 Pages Figures : 17 Tables : 27 Region : Asia-Pacific Category : Consumer Goods & Services Appliances & Equipment

1. Bajaj Electricals Limited

2. Butterfly Gandhimathi Appliances Limited

3. TTK Prestige Limited

4. Panasonic India Private Limited

5. Philips India Limited

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India Induction Cooktop & Electric Cooker Market Definition

The surface of the induction cooktops looks similar to standard glass-top. The induction cooking uses electromagnetic currents, whereas few electric appliances might use thermal conduction to transfer heat from the burner to the pan. The advantage of induction cooking is that, that it eliminates the middleman. It instantly heat ups the pan itself. The inductions are known to be much safer option than the gas stoves, because the inductions don’t get scorching hot. The induction works as the current passes through a coiled copper wire, underneath cooking surface which creates a magnetic current throughout the cookware. The best thing about the induction is that, it keeps the entire cooktop cool to touch which prevents from burning. As per research induction cooking is more convenient from traditional cooking, because of less energy during cooking specially without fire.
An electric cooker is a device, primarily used for cooking food through electrical heating elements. There variety of models for the same, featuring everything from an oven with coiled heating elements to portable electric grills. Few popular reasons for using the electric cookers can be because of the easy installation, simple clean-up and a low operating cost. And few reasons for not using can be problems creating consistent heat and the slow cooling down of the heating elements. This can burn up your food.
A range is the most common type of electric cooker. This type of cookers consists of an oven and accompanying burners on the top unit and its like a gas-powered range. With this the food can be roasted in oven and can also be cooked on the top range in pans. Another type of electric cooker is known as a slow cooker. It is a portable device that has a deep pot with a lid, in the heating elements are at the bottom unit, under the cooking area. These elements encompass most of the interior of the cooker. This are specially designed for slow cooking and even heats the food for a long time.

India Induction Cooktop & Electric Cooker Market Overview

The recently uploaded report by Actual Market Research – India Induction Cooktop & Electric Cooker Market Outlook, 2026. In India the electric cookers are rising demand, because of the rising factors like disposable income and increasing urbanization. The market has accounted a value of nearly INR 245 Cr., however by the forecasted period it is expected to grow with a CAGR of 8.4% in terms of volume. The major factors that are driving the market, that are the rise in fuel prices and demand for modular kitchen trends with comfort and safety benefits. With this the market has accounted over 10 million units in the recent years.
Today the electric appliances specially the electric cookers are equipped with new innovative features in it like, timers and heat adjustment knobs and many more. These are few benefits that are making the cooking process easier. The cookers are classified into three segments, within which the 3L to 5.99L segment is leading the market with half of the market share and the 6L segment is anticipated to grow with a CAGR of more than 12% of the market share. The few more factors that are increasing the market growth like, multi-functionality and power efficiency. Whereas, even the induction cooktops are also divided into three segments, in which the 1599 W segment is leading the market with a slight difference from the 1600-1999 W segment. The other segments are gradually expected to grow with a CAGR of more than 12%.
According to research the induction cooktops are also in high demand with the electric cookers. This all is because the increase in urban population and rise of working women cannot give much time for cooking. With this demand the north and west regions are expected to contribute nearly 60% of the market share by 2026. The introduction to smart electric cookers like, built-in Wi-Fi connectivity are influencing a large number of consumers and also at same time it is driving the growth of the market.

Key Market Trends

The new features of the electric kettles and coffee makers is gradually gaining more popularity within the buyers in the market. These are easy to use and consumes less to boil water or to prepare a coffee. In India, the market is highly trending South India, especially the coffee makers, because of the high consumption of coffee in this part of India. By observing the high growth, the manufacturers are now introducing more new features in their products and making them more popular in the market.

Key Players
1. Butterfly Gandhimathi Appliances Limited
2. Preethi Kitchen Appliances Private Limited
3. Stovekraft Private Limited
4. TTK Prestige Limited
5. V-Guard Industries Limited
6. Whirlpool Of India Limited
7. Wonderchef Home Appliances Pvt. Ltd

India Induction Cooktop & Electric Cooker Market: Segmentation Analysis

Online sales channel
Convince stores
Offline market

The report gives an in-depth understanding of induction cooktop and electric cooker market in India:
- India Electric Kitchen Appliance Market Outlook
- India Induction Cooktop & Electric Cooker Market Outlook
- India Induction Cooktop & Electric Cooker Market Size By Value & Forecast
- India Induction Cooktop & Electric Cooker Market Size By Volume & Forecast
- India Induction Cooktop Market Size By Value & Forecast
- India Induction Cooktop Market Size By Volume & Forecast
- India Induction Cooktop Market Segmental Analysis: By Company, By Region, By City
- India Electric Cooker Market Size By Value & Forecast
- India Electric Cooker Market Size By Volume & Forecast
- India Electric Cooker Market Segmental Analysis: By Company
- Product, Price and Variant Analysis of Induction Cooktop & Electric Cooker
-The key vendors in this market space
- Competitive Landscape & Strategic Recommendations

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.

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