London, 04 September 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Modular Kitchen Market in India 2014-2018, which is expected to grow at a CAGR of 42.93 percent during the forecast period of 2013-2018.
“The Modular Kitchen market in India is an upcoming market for foreign investment. Many foreign players, such as German and Italian investors, are entering the market,” says Faisal Ghaus, Vice President of TechNavio.
“The Modular Kitchen market in India is expected to be a major contributor to the country’s FDI inflows in the coming years.”
Key Market Drivers
- Increase in the Number of Residential Projects
- High Disposable Income
- Change in Demographic Structure
- Growth of the Hospitality Sector
Key Market Trends
- Entry of New Vendors
- Increase in the Number of Joint Ventures
- Preference for European Designs and Convenient Features
Key Market Vendors
- Godrej and Boyce Mfg. Co. Ltd.
- IFB Industries Ltd.
- Oren Kitchen Appliances Pvt. Ltd.
- Sleek International Pvt. Ltd.
- Veneta Cucine CC India Pvt. Ltd.
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
