Food preparation appliances witnessed flat growth in 2023 due to slow demand as consumers diverted their share of wallet from durables and appliances to essential products. The cost-of-living crisis and inflation resulted in consumers pushing back spending on discretionary products. This was especially true for low-income households or rural markets, that have been more significantly impacted by the economic climate. This slowdown in demand from the rural segment has had a greater impact on cate...
Euromonitor International's Food Preparation Appliances in India report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2019-2023, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they new product developments, format trends or distribution issues. Forecasts to 2028 illustrate how the market is set to change.
Product coverage: Blenders, Food Processors, Juice Extractors, Mixers, Other Food Preparation Appliances.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Food Preparation Appliances market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Food Preparation Appliances in India
Euromonitor International
February 2024
List Of Contents And Tables
FOOD PREPARATION APPLIANCES IN INDIA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Muted growth in 2023 due to inflationary pressures
Bajaj Electricals retains lead of food preparation appliances in 2023
Greater convenience and time-saving benefits key reasons for purchase
PROSPECTS AND OPPORTUNITIES
Demand set to recover by 2025 as economic situation improves
Consumers to increasingly upgrade from basic models to premium appliances
Rising number of consumers expected to embrace e-commerce for its convenience
CATEGORY DATA
Table 1 Sales of Food Preparation Appliances by Category: Volume 2018-2023
Table 2 Sales of Food Preparation Appliances by Category: Value 2018-2023
Table 3 Sales of Food Preparation Appliances by Category: % Volume Growth 2018-2023
Table 4 Sales of Food Preparation Appliances by Category: % Value Growth 2018-2023
Table 5 NBO Company Shares of Food Preparation Appliances: % Volume 2019-2023