The Microwave Ovens Market in India
is part of Netscribes’ Consumer Goods Series reports. Rising disposable income
coupled with changing lifestyle will have a favorable impact on the Indian microwave
ovens market.The report begins with an overview of the major macro economic
indicators which highlights the present economic scenario prevalent in India.
It is followed by an introduction
section which provides a classification of the Indian consumer durables market.
It also shows the evolution of microwave ovens. It further includes a
comparison of the different types of microwave ovens available in Indian
market.
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The market overview section begins
with an overview of the market structure of the consumer durables market in
India. It highlights the share of microwave ovens in consumer durables market.
Subsequently this section provides a brief snapshot of the microwave ovens
market in India. It shows the market size and growth of the market in India
both in terms of volume and value. Further it shows sales by types and sales by
capacity of microwave ovens.
It also provides zone wise demand
for microwave ovens in India. The distribution channel of the market is also
sketched in this section. The export-import section provides detailed
information about the exports and imports of microwave ovens in India in terms
of value.
The report then elaborates the
drivers and challenges that the industry is facing in current market scenario.
It provides a comprehensive set of factors which boosts and hinders the growth
of the market. Some of the key drivers include rise in disposable income,
favorable demographics, changing lifestyle, increasing double income couples,
and increase in organized retail. The factors hindering the market growth can
be summarized to be rise in dollar value, lack of awareness in microwave usage,
and delay in timely delivery.
The trends section in the report
emphasizes the recent trends that are prevalent in the Indian microwave ovens
market which includes the product innovation & introduction of new models
and Below-The-Line (BTL) activities.The competitive landscape section begins
with the Porter’s Five Forces Analysis, illustrating the competitive rivalry,
bargaining power of suppliers and buyers and threat of new entrants and
substitutes.
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The section includes competitive
benchmarking of the top players operating in the Indian microwave ovens market.
The report also features brief profiles of major domestic and foreign players
in the market and a snapshot of their corporation, financial performance along
with the key financial ratios, business highlights, their product portfolio and
SWOT analysis, thus providing an insight into the existing competitive
scenario.
The next section of the report
highlights a consumer insights survey on Microwave Ovens usage which was
conducted on social media sites and via emails.The report concludes with a
section on strategic recommendations which comprises long-term and short-term
strategies to facilitate both marketing of microwave ovens and create awareness
among Indian consumers.
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