List of Figures
Figure 1: India Population 2015-2019 (In Crore)
Figure 2: India Population Age Structure (EST. 2019)
Figure 3: India Urban VS Rural (Crore)
Figure 4: India Electric Kitchen Appliances Market Size - By Value 2015-16 To 2025-26F (INR Crore)
Figure 5: India Electric Kitchen Appliances Market Size - By Volume 2015-16 To 2025-26F (In Million Units)
Figure 6: India Electric Kitchen Appliances Market Share - By Sales Channel By Volume In 2020-21 & 2025-26F
Figure 7: India Induction Cooktop Market Size - By Value From 2015-16 To 2025-26F (INR Crore)
Figure 8: India Induction Cooktop Market Size - By Volume From 2015-16 To 2025-26F (In Million Units)
Figure 9: India Induction Cooktop Market Share - By Company By Volume In 2019-20
Figure 10: India Induction Cooktop Market Share - By Category By Value In 2020-21 & 2025-26F
Figure 11: India Induction Cooktop Market Share - By Category By Volume In 2020-21 & 2025-26F
Figure 12: India Induction Cooktop Market Share By Sales Channel - By Volume In 2020-21 & 2025-26F
List of Tables
Table 1: India Tier-Wise Classification Of Cities
Table 2: India Region-Wise Classification Of Cities
Table 3: India Electric Kitchen Appliances Market Share - By Companies By Value In 2019-20
Table 4: India Electric Kitchen Appliances Market Share - By Product Type By Value In 2015-16, 2020-21 & 2025-26F
Table 5: India Electric Kitchen Appliances Market Share - By Product Type By Volume In 2015-16, 2020-21 & 2025-26F
Table 6: India Electric Kitchen Appliances Market Share - By Region By Volume In 2015-16, 2020-21 & 2025-26F
Table 7: India Induction Cooktop Market Share - By Region By Volume In 2015-16, 2020-21 & 2025-26F
Table 8: Pricing Analysis Of Induction Cooktop Brands Available In India
Table 9: India Economic Profile – 2015 to 2018
Table 10: Product Portfolio Of Butterfly Gandhimathi Appliances Limited
Table 11: Key Facts Of Butterfly Gandhimathi Appliances Limited
Table 12: Product Portfolio Of Pigeon / Stovekraft
Table 13: Key Facts Of Pigeon / Stovekraft
Table 14: Product Portfolio Of Preethi Kitchen Appliances Private Limited
Table 15: Key Facts Of Preethi Kitchen Appliances Private Limited
Table 16: Product Portfolio Of TTK Prestige Limited
Table 17: Key Facts Of TTK Prestige Limited
Table 18: Product Portfolio Of Whirlpool Of India Limited
Table 19: Key Facts Of Whirlpool Of India Limited
Table 20: Product Portfolio Of Wonderchef Home Appliances Pvt. Limited
Table 21: Key Facts Of Wonderchef Home Appliances Pvt. Limited
Featured Companies
1. Butterfly Gandhimathi Appliances Limited
2. TTK Prestige Limited
3. Preethi Kitchen Appliances Private Limited
4. Whirlpool of India Limited
5. Stove Kraft Private Limited
6. Wonderchef Home Appliances Private Limited
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Featured Companies
1. Butterfly Gandhimathi Appliances Limited
2. TTK Prestige Limited
3. Preethi Kitchen Appliances Private Limited
4. Whirlpool of India Limited
5. Stove Kraft Private Limited
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India Induction Cooktop 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.
As we came to know that it heats ups the cookware with electromagnetism, it means the system is highly efficient allowing for the precise control. This control basically leads to faster heating process, especially during any more time-consuming tasks.
India Induction Cooktop Market Overview
The recently uploaded report by Actual Market Research – India Induction Cooktop Market Overview, 2021-2026. The market in India has a greater volume than the electric cookers. In the current year 2020-21 the market has accounted more than 10 million units. The reason behind the popularity of the induction cooktops is because of the rising price of the gas cylinders, expanding middle-class, increase in number of working women and the rising availability. However, by observing the popularity of induction cooktops, the market will grow with CAGR of more than 12% in volume.
The induction market is segmented into three main categories, up to 1599 W, 1600-1999 W and 2000 W. the segment that is leading the market is the 1599 W segment with a slight difference from 1600-1999 W. with these the 2000 W is expected to grow with a CAGR of more than 12%.
The sales channels like supermarket, hypermarket and the convenience stores, have emerged and are offering a wide range of many new products in the country. The increase in the advance technology, the leading marketers are using the online sales channels and it’s increasing the market growth. In the northern and western region will have aggressive sales with contributing nearly 60% of the market share, whereas in other regions is expected to grow by the forecasted period. The cities like Delhi, Mumbai, Chennai, Bangalore and Pune are the major cities to increase the market growth in terms of value and volume.
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. PIGEON FAVOURITE IC 1800 W INDUCTION COOKTOP
2. PHILIPS VIVA COLLECTION
3. PREETHI INDICOOK EXCEL PLUS IC 117 INDUCTION
4. PHILIPS HD4938/01 INDUCTION COOKTOP
5. HAVELLS INSTA COOK ST-X INDUCTION COOKTOP
6. KENT 16036 INDUCTION COOKTOP
7. BAJAJ MAJESTY ICX 7 INDUCTION COOKTOP
India Induction Cooktop Market: Segmentation Analysis
Supermarkets
Convenience stores
Hypermarkets
Online sales channel
The report gives an in-depth understanding of Induction Cooktop market in India:
- India Electric Kitchen Appliance Market Outlook
- India Induction Cooktop Market Size by Value & Forecast
- India Induction Cooktop Market Size by Volume & Forecast
- India Induction Cooktop Market Share by Category, Sales Channel, Region and Company
- Product, Price and Variant Analysis of Induction Cooktop
-The key vendors in this market space
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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