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Report
India Cooktops Market By Product Type (Gas Cooktops, Induction Cooktops, Electric Coil Cooktops, Hybrid Cooktops), By Number of Heating Elements (2 and Below, 3 to 4, More than 4), By Technology (Free Standing, Built-in), By Sales Channel (Supermarkets/Hypermarkets, Multi-Branded Stores, Online, Others), By Region, Competition, Forecast & Opportunities, 2020-2030F
Market Report I 2025-05-16 I 70 Pages I TechSci Research
Market Overview
India Cooktops Market was valued at USD 1034.32 Million in 2024 and is projected to reach USD 1593.44 Million by 2030, growing at a CAGR of 7.47%. The market has seen notable expansion due to rising urbanization, increasing disposable incomes, and shifting consumer preferences towards contemporary kitchen appliances. Demand for energy-efficient, safe, and user-friendly cooktops-particularly induction, ceramic, and advanced gas models-is accelerating. Urban consumers are increasingly attracted to smart features and compact designs that suit modern lifestyles. Manufacturers are actively innovating, offering a wide range of technologically enhanced cooktops to meet the evolving needs of both urban and rural populations.
Key Market Drivers
Increasing Urbanization and Changing Lifestyles
The ongoing surge in India's urban population, which reached 461 million in 2024 and is expanding at a rate of 2.3% annually, is significantly influencing cooktop market growth. Urban centers are expected to generate 75% of the country's income by 2031, leading to a spike in demand for modern kitchen solutions. Space constraints and the fast-paced lifestyle in cities have amplified the appeal of compact, high-performance cooktops like induction and ceramic models. These products are appreciated for their energy efficiency and ease of operation. As more individuals seek convenience due to busy schedules, cooktops that facilitate quicker and smarter cooking are becoming increasingly popular in metropolitan households.
Key Market Challenges
Price Sensitivity and Affordability Issues
Price sensitivity remains a key obstacle in the India cooktops market, especially in semi-urban and rural regions. While modern cooktops are gaining traction, a considerable portion of consumers continues to prefer affordable traditional gas stoves. The higher upfront costs of induction and ceramic cooktops, along with the requirement for compatible electrical infrastructure, often deter lower-income consumers from making the switch. Despite their long-term benefits, such appliances are perceived as costly, compelling manufacturers to strike a balance between innovation and affordability to serve a broader economic spectrum.
Key Market Trends
Growing Popularity of Induction Cooktops
Induction cooktops are gaining momentum across the Indian market owing to their superior energy efficiency, faster cooking, and enhanced safety. Unlike conventional gas stoves, induction technology transfers heat directly to cookware through electromagnetic fields, enabling precise temperature control and quicker results. This is especially appealing to urban users looking for modern, flame-free, and eco-conscious cooking options. As awareness of sustainable living and government initiatives supporting energy-efficient appliances rise, the preference for induction cooktops continues to expand. Advancements such as multi-zone cooking, touch controls, and stylish designs, combined with more affordable price points, are driving their acceptance across various income brackets.
Key Market Players
- TTK Prestige LTD.
- Crompton Greaves Consumer Electricals Limited
- Stove Kraft Limited
- Bajaj Electricals Limited
- Sunflame Enterprises Pvt. Ltd.
- Kaff Appliances (India) Private Limited
- Glen Appliances Private Limited
- Franke Faber India Private Limited
- Usha International Limited
- Havells India Limited
Report Scope:
In this report, the India Cooktops Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- India Cooktops Market, By Product Type:
o Gas Cooktops
o Induction Cooktops
o Electric Coil Cooktops
o Hybrid Cooktops
- India Cooktops Market, By Number of Heating Elements:
o 2 and Below
o 3 to 4
o More than 4
- India Cooktops Market, By Technology:
o Free Standing
o Built-in
- India Cooktops Market, By Sales Channel:
o Supermarkets/Hypermarkets
o Multi-Branded Stores
o Online
o Others
- India Cooktops Market, By Region:
o North
o South
o East
o West
Competitive Landscape
Company Profiles: Detailed analysis of the major companies presents in the India Cooktops Market.
Available Customizations:
India Cooktops Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Introduction
1.1. Product Overview
1.2. Key Highlights of the Report
1.3. Market Coverage
1.4. Market Segments Covered
1.5. Research Tenure Considered
2. Research Methodology
2.1. Methodology Landscape
2.2. Objective of the Study
2.3. Baseline Methodology
2.4. Formulation of the Scope
2.5. Assumptions and Limitations
2.6. Sources of Research
2.7. Approach for the Market Study
2.8. Methodology Followed for Calculation of Market Size & Market Shares
2.9. Forecasting Methodology
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions
3.5. Overview of Market Drivers, Challenges, and Trends
4. Voice of Customer
4.1. Brand Awareness
4.2. Factor Influencing Availing Decision
5. India Cooktops Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Product Type (Gas Cooktops, Induction Cooktops, Electric Coil Cooktops, Hybrid Cooktops)
5.2.2. By Number of Heating Elements (2 and Below, 3 to 4, More than 4)
5.2.3. By Technology (Free Standing, Built-in)
5.2.4. By Sales Channel (Supermarkets/Hypermarkets, Multi-Branded Stores, Online, Others)
5.2.5. By Region
5.2.6. By Company (2024)
5.3. Market Map
6. India Gas Cooktops Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Number of Heating Elements
6.2.2. By Technology
6.2.3. By Sales Channel
7. India Induction Cooktops Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Number of Heating Elements
7.2.2. By Technology
7.2.3. By Sales Channel
8. India Electric Coil Cooktops Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Number of Heating Elements
8.2.2. By Technology
8.2.3. By Sales Channel
9. India Hybrid Cooktop Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Number of Heating Elements
9.2.2. By Technology
9.2.3. By Sales Channel
10. Market Dynamics
10.1. Drivers
10.2. Challenges
11. Market Trends & Developments
11.1. Merger & Acquisition (If Any)
11.2. Product Launches (If Any)
11.3. Recent Developments
12. Porters Five Forces Analysis
12.1. Competition in the Industry
12.2. Potential of New Entrants
12.3. Power of Suppliers
12.4. Power of Customers
12.5. Threat of Substitute Products
13. India Economic Profile
14. Policy & Regulatory Landscape
15. Competitive Landscape
15.1. Company Profiles
15.1.1. TTK Prestige LTD.
15.1.1.1. Business Overview
15.1.1.2. Company Snapshot
15.1.1.3. Products & Services
15.1.1.4. Financials (As Per Availability)
15.1.1.5. Key Market Focus & Geographical Presence
15.1.1.6. Recent Developments
15.1.1.7. Key Management Personnel
15.1.2. Crompton Greaves Consumer Electricals Limited
15.1.3. Stove Kraft Limited
15.1.4. Bajaj Electricals Limited
15.1.5. Sunflame Enterprises Pvt. Ltd.
15.1.6. Kaff Appliances (India) Private Limited
15.1.7. Glen Appliances Private Limited
15.1.8. Franke Faber India Private Limited
15.1.9. Usha International Limited
15.1.10. Havells India Limited
16. Strategic Recommendations
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