DUBLIN–(BUSINESS WIRE)–The “India Chimneys & Built-in Hobs Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026″ report has been added to ResearchAndMarkets.com’s offering.
The Indian chimneys & built-in hobs market exhibited strong growth during 2015-2020. Looking forward, the publisher expects the market to grow at a CAGR of 14.2% during 2021-2026.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use sectors. These insights are included in the report as a major market contributor.
One of the primary factors driving the market growth is the surging adoption of modular kitchen appliances in urban and semi-urban areas of the country. Besides this, the high demand for such appliances is buoyed by the rising living standards of the consumers supported by their increasing disposable income levels. This has led to the wide availability of such appliances, at varied price ranges, catering to different income group consumers.
Furthermore, rapid urbanization, coupled with the increasing construction of villas, luxury apartments, and renovation of existing kitchens, are significantly boosting the sales of premium-quality kitchen appliances in India. Various technological advancements, along with the increasing penetration of smart devices, have led to the launch of smart kitchen appliances with wireless connectivity options. These appliances can be controlled remotely through wireless, internet, or bluetooth-based devices, thereby are being widely installed, particularly in smart homes.
Other than this, the rising health-consciousness, especially among the urbanized and millennial population, has bolstered the demand for kitchen appliances for maintaining hygienic and oil/smoke-free cooking conditions, thereby propelling the market growth.
Moreover, their wide availability across various online and offline distribution channels, coupled with the growing popularity of advanced and modular products, will continue to fuel the growth of the Indian chimneys and built-in hobs market in the coming years.
Key Questions Answered in This Report:
Competitive Landscape:
The report has also examined the competitive landscape of the market and some of the key players include
Key Market Segmentation:
Market Breakup by Type:
Chimneys Market Breakup by Chimney Type
Chimneys Market Breakup by Suction Power Range
Chimneys Market Breakup by Chimney Filter Type
Chimneys Market Breakup by Hood Type
Chimneys Market Breakup by End-User
Chimneys Market Breakup by Region
Built-in Hobs Market Breakup by Number of Burners
Built-in Hobs Market Breakup by Stove Type
Built-in Hobs Market Breakup by End-User
Built-in Hobs Market Breakup by Region
For more information about this report visit https://www.researchandmarkets.com/r/rr8n2h
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