The market is dominated by domestic suppliers, as imports account for 14.3% of total market size in 2022. Households drive market demand, with household spending representing 69.8% of total demand in 2022. India has the fourth largest market size for domestic appliances regionally, with demand reaching USD11.5 billion in 2022. Whirlpool of India Ltd is the largest company in India, generating 9.8% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 14.6% of total production value in 2022. The total number of companies decreases in 2022, to 100,084 units. The costs of the industry decrease by 1.4% in 2022, largely driven by declining labour costs. The industry’s profitability decreases and stands at 5.6% of production value in 2022, the 19th highest regionally. The industry’s exports share increases in 2022 to 5.3% of total production output. With production value of USD5.6 billion, India accounts for 1.9% of the Asia Pacific total in 2022.
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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
This is the aggregation of electricity generation, distribution and storage equipment, computers, office machinery and communications equipment, and medical and precision equipment.
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