India Household Microwave Ovens Market Forecast & Opportunities, 2017
Aarkstore Enterprise (India), 15th July , 2013 : India’s monolithic young and working population is indirectly reshaping dynamics of several industries and Indian microwave ovens market is one of those industries, as increasing disposable income is pushing Indian families to opt for consumer durable goods such as microwave ovens. On the other hand, international microwave oven manufacturers are also entering Indian markets with new features and designs that are suitable for Indian families and their lifestyle. Leading companies are offering large product portfolio for different economic groups as low end models are dominating the Indian market. Companies are focused towards launching of smart appliances with modern technologies not only to enhance convenience to customer’s daily lives but also to reduce energy consumption.
According to “India Household Microwave Ovens Market Forecast & Opportunities, 2017”, Indian household microwave ovens market has been growing at a notable growth rate and further forecasted to grow at the CAGR of around 15% in revenues during 2012-17. Tier II and III cities are anticipated to generate significant revenue in microwave ovens market in the next five years. Convectional microwave ovens account for the highest revenue generator when compared with other type of microwave ovens such as Grill and Solo microwave ovens. Moreover, about 50 Million households are expected to enter into middle income group moving up from lower income group, which will further bolster the upcoming demand for microwave ovens in India. “India Household Microwave Oven Market Forecast & Opportunities, 2017”, discusses the following aspects related to household microwave ovens market in India:
• India Microwave Ovens Market Size, Share & Forecast
• Changing Market Trends & Emerging Opportunities
• Trade Dynamics – Import & Export Analysis
• Segmental & Pricing Analysis
• Competitive Landscape & Strategic Recommendations
Why You Should Buy This Report
• To gain an in-depth understanding of microwave ovens market in India
• To identify the on-going trends and anticipated growth in the next five years
• To help industry consultants, microwave ovens manufacturers and dealers to align their market-centric strategies
• To obtain research based business decision and add weight to presentations and marketing materials
• To gain competitive knowledge of leading players
• To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs
The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with household microwave ovens manufacturers, associations, retailers and consumers. Secondary research included an exhaustive search of relevant publications like paid databases and company annual returns.
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