India Pressure Cooker Market (2021-2027)-converted

1. India Pressure Cooker Market (2021-2027) Bharat Book Bureau Provides the Trending Industry Research Report on“India Pressure Cooker Market (2021-2027)”under Consumer Goods Market Research Report. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports. Executive Summary Market Forecast By Material Types (Aluminum, Brass, Stainless Steel, Hard Anodised Aluminum), By Capacity (Upto 3 Litre, 3.1 -5 Litre, Above 5 Litre), By Application (Residential, Commercial), By Distribution Channel (Online, Offline), By Regions (Northern, Southern, Western, Eastern) And Competitive Landscape India Pressure Cooker Market report comprehensively covers the market by material type, capacity, distribution channel, application and region. The market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/ high growth areas, market drivers, which would help stakeholders to devise and align their market strategies according to the current and future market dynamics. India Pressure Cooker Market Synopsis The India pressure cooker market witnessed a considerable growth in recent years on account of the growing consumer demand for pressure cookers in India underpinned by strong growth of urban population in the country and rising hospitality sector. The demand for pressure cookers witnessed an upward growth trajectory mainly attributed to rise in demand from urban consumers as they are more inclined towards modern day kitchenware. However, the spread of Covid-19 in 2020 resulted in a complete turmoil for retail and hospitality sector due to the social distancing measures adopted to curb the spread of the virus, which in turn led to a sales downfall for the retail segment in between the lockdown period. However, once the

2. e-commerce platform started operating in the lockdown period, the sales of pressures cooker started to get back on track as people being at home had ample amount of time for cooking and the increased number of cooking videos were being watched leading to a trend of cooking amongst the urban households of the country. Moreover, with the gradual upliftment of lockdown restrictions, the retail sector started to reopen which led the Indian pressure cooker market back to its growth trajectory. According to 6Wresearch, the India Pressure Cooker Market size is projected to grow at a CAGR of 6.4% during 2021-27F. Increasing number of modular kitchens and rising disposable income in India are also the major factors contributing to the growth of the pressure cooker market. The projected growth in market for the coming years can also be attributed to the government’s Pradhan Mantri Ujjwala Yojana which has an assigned budget of INR 12,800 crore for providing LPG connections across the rural India. With the different designs and innovations by the manufacturers in the pressure cooker industry, the adoption of modern pressure cookers is anticipated to rise in the coming period. Market by Material Types Analysis In terms of Material Types, aluminum and stainless steel cumulatively have captured 70% of the market revenues in 2020, with aluminum leading the market. Aluminum held the majority market share in the India pressure cooker market owing to the low pricing of aluminum pressure cookers as compared to other material types including stainless steel, brass and hard anodized aluminum. Moreover, the large rural population of the country is still inclined towards aluminum pressure cookers owing to their higher availability in the rural areas from the unorganized sector and lower pricing. Historical Data and Forecast of Market Revenues, By Distribution Channels, for the Period 2017-2027F Historical Data and Forecast of Market Revenues, By Regions, for the Period 2017-2027F Market Drivers Market Restraints India Pressure Cooker Market Trends India Pressure Cooker Market Player’s Revenue Shares Industry Life Cycle Porter’s Five Force Analysis Market Opportunity Assessment Market Scope and Segmentation The report provides a detailed analysis of the following market segments: By Material Types Aluminum Brass Stainless Steel Hard Anodised Aluminum By Capacity Upto 3 Litre 1 -5 Litre Above 5 Litre

3. By Applications Residential Commercial By Distribution Channels Online Offline By Regions Northern Southern Western Eastern Browse our full report with Table of Content : https://www.bharatbook.com/report/1003155/india-pressure-cooker-market About Bharat Book Bureau: Bharat Book is Your One-Stop-Shop with an exhaustive coverage of 15,00,000 reports and insights that includes latest Industry Study, Industry Trends & Analysis, Forecasts Customized Intelligence, Newsletters and Online Databases. Overall a comprehensive coverage of major industries with a further segmentation of 100+ subsectors. Contact us at: Bharat Book Bureau Tel: +91 22 27810772 / 27810773 Email: poonam@bharatbook.com Website: www.bharatbook.com