Consumer Durables is One of the Fastest Growing Industries in India

Sun May 18, 2008 11:00pm EDT
 
[-] Text [+]
DUBLIN, Ireland--(Business Wire)--
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

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

Copyright Business Wire 2008

 

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