DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "India Home Laundry Appliances Market Analysis, by Type (Semi-Automatic, Automatic and Automatic Washer & Dryers) Forecast & Opportunities, 2016-2021" report to their offering.
The market is forecast to reach USD 1678 million by 2021, with a CAGR of over 11% during 2016-21
The market for these products is being accelerated by improving retail distribution and celebrity endorsements who continue to influence Indian buyers. Industry has enjoyed an appreciable performance owing to favourable macro-economic policies such as low interest rates; discount and exchange offers coupled with easy financing options like zero down payment and low EMI options. These factors have boosted industry & consumers' sentiments and industry has emerged as one of the beneficiary.
According to India Home Laundry Appliances Market Analysis By Type, Forecast & Opportunities, 2016-2021, laundry appliances market recorded an impressive growth with a CAGR of 9.58% during 2011-15, on the back of growing urbanisation, increasing disposable income and surging number of women in jobs. Government's decision to implement seventh pay commission is also forecast to help the industry as this will directly benefit over 10 million government employees in terms of increased salaries and pensions.
In 2015, automatic washing machines' category recorded the fastest CAGR growth owing to increased demand of these appliances coupled with companies' focus to sell the category as they offer better margin compared to semi-automatic washing machines. West region is the largest regional market for laundry appliances as it is home to millions of consumers with high personal disposable income than rest of the India. As far as competitive landscape is concerned, India home laundry appliances market is highly consolidated market wherein top four players accounted for over 83% of the market in value and volume terms.
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Analyst View
4. Global Home Laundry Appliances Market Overview
5. India Home Laundry Market Outlook
6. India Semi-Automatic Market Outlook
7. India Automatic Washing Machine Market Outlook
8. India Automatic Washer Dryers Market Outlook
9. Supply Chain Analysis
10. Market Dynamics
11. Trends and Developments
12. India Policy and Regulatory Landscape
13. India Economic Profile
14. Competitive Landscape
15. Strategic Recommendations
- Electrolux AB
- Godrej & Boyce Mfg Co Ltd
- Haier Appliances India Pvt Ltd
- IFB Industries Ltd
- LG Electronics India Pvt Ltd
- Panasonic Home Appliances India Co Ltd
- Samsung India Electronics Pvt Ltd
- Videocon Industries Ltd
- Whirlpool of India Ltd
For more information about this report visit http://www.researchandmarkets.com/research/g4qv64/india_home