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Consumer Durables is One of the Fastest Growing Industries in India

Monday May 19, 03:00 PM

Research and Markets (http://www.researchandmarkets.com/reports/c92067) has announced the addition of "Consumer Durables Market in India" to their offering.

Indian consumer durables market used to be dominated by a few domestic players like Godrej, Allwyn, Kelvinator, and Voltas. But post-liberalization many foreign companies have entered into India, dethroning the Indian players and dominating the market. The major categories in the market are CTVs, refrigerators, air-conditioners and washing machines.

India being the second fastest growing economy with a huge consumer class has resulted in consumer durables as one of the fastest growing industries in India. LG and Samsung, the two Korean companies have been maintaining the lead in the industry with LG being the leader in almost all the categories.

The rural market is growing faster than the urban markets, although the penetration level in rural area is much lower. The CTV segment is expected to the largest contributing segment to the overall growth of the industry. The rising income levels, double-income families and increasing consumer awareness are the main growth drivers of this industry.

This report highlights the significance this industry has for the Indian economy, throwing light on the pre and post liberalization scenario. It discusses the important segments of this industry and the growth patterns, trends and the demand drivers. The report also profiles the key players of this industry, with a discussion of their business strategies.

Key Discussions:

Overview

Market Analysis

-- Market Size

-- Market Segments

-- Television

-- Air Conditioner

-- Refrigerator

-- Washing Machines

Market Trends

-- Evolving Marketing Strategies

-- Rising Input Costs

-- CTVs Lead in Ad Expenditure

-- Low Penetration in AC Segment

Growth Drivers

-- Demand Side

-- Supply Side

Company Profiles

-- LG Electronics India

-- Samsung India Electronics

-- Whirlpool

-- Videocon Industries

Companies mentioned:

-- LG Electronics India

-- Samsung India Electronics

-- Whirlpool

-- Videocon Industries

For more information visit http://www.researchandmarkets.com/reports/c92067

Contact:

Laura Wood
Senior Manager
Research and Markets
press@researchandmarkets.com
Fax: +353 1 4100 980

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