Market Size of Indian Residential Kitchen Hobs Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.91 Billion |
| Market Size (2029) | USD 2.60 Billion |
| CAGR (2024 - 2029) | 6.34 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Indian Residential Kitchen Hobs Market Analysis
The Indian Residential Kitchen Hobs Market size is estimated at USD 1.91 billion in 2024, and is expected to reach USD 2.60 billion by 2029, growing at a CAGR of 6.34% during the forecast period (2024-2029).
A kitchen hob, also known as a stovetop or cooktop, is a fundamental appliance for cooking. It typically incorporates gas burners or heating elements. While prevalent in residential kitchens, hobs are equally vital in commercial establishments such as restaurants and hotels. The Indian market for residential kitchen hobs has experienced a consistent upswing, driven by urbanization, increasing incomes, and changing lifestyles. As urbanization progresses, there is a growing appetite for compact, efficient kitchen appliances. Additionally, the contemporary preference for open kitchen layouts has heightened the demand for visually appealing hobs that seamlessly integrate with the overall design.
The Indian residential kitchen hobs market is bolstered by several factors. These include a heightened emphasis on energy efficiency and sustainability, the introduction of advanced models by leading players, and a rising preference for modular kitchens in residential spaces. Technological advancements have played a pivotal role in shaping the kitchen hob landscape. Manufacturers are incorporating touch controls, automatic ignition, safety sensors, and energy-efficient designs to meet evolving consumer preferences. Notably, smart hobs with features like Wi-Fi connectivity and remote control are gaining popularity among tech-savvy consumers. Manufacturers are expected to continue innovating, introducing new features and designs to cater to a broad spectrum of consumer needs, thereby driving further market expansion. Moreover, the Indian residential kitchen hobs market is set for sustained growth, given its strong presence in both online and offline sales channels. This trajectory is further reinforced by the increasing demand for advanced and modular kitchen hobs.
