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

December 07, 2017
DUBLIN--(BUSINESS WIRE)--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

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