The market is dominated by domestic suppliers, as imports account for 10.3% of total market size in 2023. Households drive market demand, with household spending representing 73.9% of total demand in 2023. India has the fourth largest market size for domestic appliances regionally, with demand reaching USD13.4 billion in 2023. Whirlpool of India Ltd is the largest company in India, generating 10.4% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 15.3% of total production value in 2023. The total number of companies decreases in 2023, to 86,740 units. The costs of the industry increase by 0.5% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 3.8% of production value in 2023, the 19th highest regionally. The industry’s exports share decreases in 2023 to 4.3% of total production output. With production value of USD6.5 billion, India accounts for 2.3% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Domestic Appliances in India: ISIC 293. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Domestic Appliances in India: ISIC 293 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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