North India to Generate High Demand for Washing Machines through 2024
by David Johnson Top Market Research Company in USIncreasing disposable income
along with growing consumer electronics industry to drive India washing machine
market through 2024
According to TechSci Research
report, “India Washing Machine Market By Product Type, By
Machine Capacity, By Technology, Competition, Forecast & Opportunities,
2024”,
India
washing machine market is projected to grow at a CAGR of over 4% during
2019-2024. India washing machine market is driven by rise in disposable income
and improvements in rural electrification. Moreover, increasing affordability
of washing machines and rapid urbanization is further fueling growth in the
market. Additionally, rising need for differentiated products and services have
led to an upsurge in investments for R&D activities.
In
terms of technology, India washing machine market is categorized into smart
connected washing machine and conventional washing machine. Of which, smart
connected washing machines are predicted to grow at a swift rate during the
forecast period. The growth of the smart connected washing machine category is
majorly due to the increasing adoption of technologically advanced products in
the country. Moreover, the price difference between smart connected washing
machine and conventional washing machine has decreased to a great extent, which
is helping the brands to pitch aggressively for the former.
Browse market data Tables and Figures spread through 70 Pages and
an in-depth TOC on " India Washing Machine Market "
https://www.techsciresearch.com/report/india-washing-machine-market/4064.html
Based
on machine capacity, India washing machine market is divided into below 6 kg, between
6-8 kg, and 8 kg and above. The 6-8 kg machine capacity is the most lucrative segment,
as it offers better energy efficiency and higher value for money, in terms of
laundry washing. Regionally, India washing machine market is categorized into
North, East, South and West. Among these regions, the North India accounted for
a significant portion of India washing machine market in 2018.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=4064
Customers can also request for 10% free
customization on this report.
“India washing machine market is anticipated to register a
steady growth over the course of next five years. Growth in the market is led
by increasing disposable income in the country along with growing consumer
electronics industry. Moreover, technological advancements in washing machines,
such as smart washing machines are further anticipated to bolster the growth of
the market.” said Mr. Karan Chechi, Research Director with TechSci Research, a
research based global management consulting firm.
“India Washing Machine
Market By Product Type, By Machine Capacity, By Technology, Competition,
Forecast & Opportunities, 2024”, has evaluated the future
growth potential of India washing machine market and provides statistics and
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges and
opportunities in India washing machine market.
Browse Related
Reports
India Air
Coolers Market By Organized vs Unorganized, Competition, Forecast &
Opportunities, 2024
https://www.techsciresearch.com/report/india-air-coolers-market/3982.html
India Furniture
Market By Supply (Domestic & Imported), By Sector Type (Organized & Unorganized),
By Type (Home Furniture, Office Furniture & Institutional Furniture), By
Product Type, By Point of Sale, By Raw Material Type, Competition, Forecast
& Opportunities, 2024
https://www.techsciresearch.com/report/india-furniture-market/3981.html
India Non
Electric Kitchen Appliances Market By Distribution Channel (Store Based Retail
and Non-store Based Retail), By Product Type (Gas Stoves, Pressure Cookers, Non
Electric Juicers & Others), Competition, Forecast & Opportunities,
2014-2024
https://www.techsciresearch.com/report/india-non-electric-kitchen-appliances-market/3842.html
About TechSci Research
TechSci Research is a leading
global market research firm publishing premium market research reports. Serving
700 global clients with more than 600 premium market research studies, TechSci
Research is serving clients across 11 different industrial verticals. TechSci
Research specializes in research based consulting assignments in high growth
and emerging markets, leading technologies and niche applications. Our
workforce of more than 100 fulltime Analysts and Consultants employing
innovative research solutions and tracking global and country specific high
growth markets helps TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: sales@techsciresearch.com
Sponsor Ads
Created on Jun 26th 2019 04:14. Viewed 299 times.