Consumer Appliances Market Outlook in India 2017 - Demand for Comfort Steering Lifestyle & Evolution Trends - Research and Markets

DUBLIN--()--The "Consumer Appliances Market Outlook in India 2017" report has been added to Research and Markets' offering.

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.

Market Outlook

  • Panel TV presents the largest opportunity in the consumer durables segment with high growth in all remaining segments
  • Rising income levels and launch of versions with advanced features are responsible for increasing demand
  • Need for convenience drives embracing of new, evolving products like Front Load / Semi-automatic Washing machines and Microwave ovens
  • Owing to the hot and humid climate, demand for ACs is likely to continue on a growth path

Regional Analysis: Mapping of High Growth Regions

  • Growth reinforced by surging rural consumption, smaller replacement cycles and increasing penetration of lifestyle appliances
  • High growth regions witness high economic activities, rising income levels, a dual working population and higher need for convenience

Mega Trends and their Impact

  • Rapid urbanization rate and a growing Gen Y population will dictate consumer dynamics and purchase behaviour
  • Price consciousness to remain a key factor among the middle class population which will be dominant in the coming years

The Future

  • Ease of operation and demand for comfort are steering lifestyle and evolution trends
  • Technology will play a vital role in product penetration, adoption and differentiation
  • With the industry showing a higher preference for technology, companies will focus more on revamping their product portfolios and marketing strategies

Key Topics Covered:

1. Scope & Limitations

2. Publisher Advisory

3. Market Outlook: Panel TV, Refrigerator, Washing Machine, Microwave Oven, Room Air Conditioner

4. Competition Analysis

5. Regional Analysis: Mapping of High Growth Regions

6. Mega Trends and their Impact

7. The Future

Companies Mentioned

  • LG
  • Samsung
  • others..

For more information about this report visit https://www.researchandmarkets.com/research/8p3h26/consumer

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Household Appliances

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Household Appliances