India Laundry Appliances Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

India Laundry Appliances Market is segmented by Type (Freestanding and Built-in), by Product (Washing Machine, Dryers, Electric Smoothing Irons, and Others), by Technology (Automatic, Semi-Automatic/ Manual, and Others) and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online, and Other Distribution Channels).

Market Snapshot

India Laundry Appliances Market
Study Period: 2016 - 2026
Base Year: 2020
CAGR: >3.5 %

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Market Overview

Laundry appliance is a machine used for cleaning and rinsing of textiles by using water but is not limited to washing only. It can also be used for drying purposes. In the past few years, due to increasing disposable income and improved standard of living there has been robust demand for laundry appliances in the Indian market. Technological advancement has empowered producers to add innovative features to the products to boost the performance and set themselves apart from competitors. Today consumers are provided with a variety of choices in the market ranging from color, shape, design to various after-sales services, credit facility, and other such benefits, providing comfort and better experience to the user. The addition of such features will boost the India Laundry Appliances Market.

Scope of the report

A complete background analysis of the India laundry appliances market, which includes an assessment of the National accounts, economy, and the emerging market trends by segments, significant changes in the market dynamics, and the market overview is covered in the report.

Type
Freestanding
Built in
Product
Washing Machine
Dryers
Electric Smoothing Irons
Others
Technology
Automatic
Semi-Automatic/ Manual
Others
Distribution Channel
Supermarkets and Hypermarkets
Specialty Stores
Online
Other Distribution Channels

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Key Market Trends

Increasing Urbanization in the Country is Driving the Market

The India Laundry Appliances Market is driven by various growth drivers such as growing urbanization and increasing affordability of washing machines in the region is further supporting the market growth over the forecast period. Over the past few years, urbanization has been increased significantly which has resulted in the augmented sales of laundry appliances. Moreover, changing lifestyles along with the improved electricity infrastructure across urban areas in the country has fuelled the demand for laundry appliances. Rising urbanization, coupled with increasing disposable income is expected to result in higher demand for laundry appliances. Thus, rapid urbanization is expected to contribute to the growth of the laundry appliances market in the forecast period.

India Laundry Appliances Market 1

Washing Machines are Dominating the Market

Washing machines are widely used home appliances for washing laundry, as they save time and energy. The Indian market is seeing a gradual shift from semi-automatic to automatic washing machines, driven largely by consumers up trading on replacement of old appliances. Numerous technological advancements have been carried out in these machines during the last decade, leading to their higher efficiency, in terms of saving water and electricity. This has also enabled key players in this market to gain a significant market share in the washing machine market. Moreover, the government has taken various initiatives towards the development of rural households in developing countries in India, which is further expected to increase the demand for washing machines. In addition, the rising affordability of washing machines and growing urbanization is further fuelling demand for washing machines across the country.

India Laundry Appliances Market 2

Competitive Landscape

The report covers major international players operating in the India laundry appliances market. In terms of market share, some of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Value Chain / Supply Chain Analysis

    5. 4.5 Porters 5 Force Analysis

      1. 4.5.1 Threat of New Entrants

      2. 4.5.2 Bargaining Power of Buyers/Consumers

      3. 4.5.3 Bargaining Power of Suppliers

      4. 4.5.4 Threat of Substitute Products

      5. 4.5.5 Intensity of Competitive Rivalry

    6. 4.6 Impact of Covid-19 on the Market

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Freestanding

      2. 5.1.2 Built in

    2. 5.2 Product

      1. 5.2.1 Washing Machine

      2. 5.2.2 Dryers

      3. 5.2.3 Electric Smoothing Irons

      4. 5.2.4 Others

    3. 5.3 Technology

      1. 5.3.1 Automatic

      2. 5.3.2 Semi-Automatic/ Manual

      3. 5.3.3 Others

    4. 5.4 Distribution Channel

      1. 5.4.1 Supermarkets and Hypermarkets

      2. 5.4.2 Specialty Stores

      3. 5.4.3 Online

      4. 5.4.4 Other Distribution Channels

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Market Concentration Overview

    2. 6.2 Company Profiles

      1. 6.2.1 Electrolux AB

      2. 6.2.2 Godrej & Boyce Mfg Co Ltd

      3. 6.2.3 Haier Appliances India Pvt Ltd

      4. 6.2.4 IFB Industries Ltd

      5. 6.2.5 LG Electronics India Pvt Ltd

      6. 6.2.6 Panasonic Home Appliances India Co Ltd

      7. 6.2.7 Samsung India Electronics Pvt Ltd

      8. 6.2.8 Videocon Industries Ltd

      9. 6.2.9 Whirlpool of India Ltd

      10. 6.2.10 Siemens

    3. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. APPENDIX

  9. 9. DISCLAIMER

**Subject to Availability

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Frequently Asked Questions

The India Laundry Appliances Market market is studied from 2016 - 2026.

The India Laundry Appliances Market is growing at a CAGR of >3.5% over the next 5 years.

Godrej & Boyce Mfg Co Ltd, LG Electronics India Pvt Ltd, Samsung India Electronics Pvt Ltd, Whirlpool of India Ltd, Haier Appliances India Pvt Ltd are the major companies operating in India Laundry Appliances Market.

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