The demand for pressure cookers witnessed an upward growth trajectory mainly attributed to the rise in demand from urban consumers as they are more inclined towards modern-day kitchenware
India's Pressure Cooker Market report comprehensively covers the market by material type, capacity, distribution channel, application and region. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/ high growth areas, market drivers, which would help stakeholders to devise and align their market strategies according to the current and future market dynamics.
India's Pressure Cooker Market Synopsis
The Indian pressure cooker market witnessed considerable growth in recent years on account of the growing consumer demand for pressure cookers in India underpinned by strong growth of urban population in the country and rising hospitality sector. The demand for pressure cookers witnessed an upward growth trajectory mainly attributed to the rise in demand from urban consumers as they are more inclined towards modern-day kitchenware.
However, the spread of COVID-19 in 2020 resulted in complete turmoil for the retail and hospitality sector due to the social distancing measures adopted to curb the spread of the virus, which in turn led to a sales downfall for the retail segment in between the lockdown period. However, once the e-commerce platform started operating in the lockdown period, the sales of pressures cooker started to get back on track as people being at home had ample amount of time for cooking and the increased number of cooking videos were being watched leading to a trend of cooking amongst the urban households of the country. Moreover, with the gradual upliftment of lockdown restrictions, the retail sector started to reopen which led the Indian pressure cooker market back to its growth trajectory.
According to the publisher, the India Pressure Cooker Market size is projected to grow at a CAGR of 6.4% during 2021-27F. The increasing number of modular kitchens and rising disposable income in India are also the major factors contributing to the growth of the pressure cooker market. The projected growth in the market for the coming years can also be attributed to the government’s Pradhan Mantri Ujjwala Yojana which has an assigned budget of INR 12,800 crore for providing LPG connections across rural India. With the different designs and innovations by the manufacturers in the pressure cooker industry, the adoption of modern pressure cookers is anticipated to rise in the coming period.
Market by Material Types Analysis
In terms of Material Types, aluminium and stainless steel cumulatively have captured 70% of the market revenues in 2020, with aluminium leading the market. aluminium held the majority market share in the India pressure cooker market owing to the low pricing of aluminium pressure cookers as compared to other material types including stainless steel, brass and hard anodized aluminium. Moreover, the large rural population of the country is still inclined towards aluminium pressure cookers owing to their higher availability in the rural areas from the unorganized sector and lower pricing.
Key Highlights:
- Historical Data and Forecast of Market Revenues, By Distribution Channels, for the Period 2017-2027F
- Historical Data and Forecast of Market Revenues, By Regions, for the Period 2017-2027F
- Market Drivers
- Market Restraints
- India Pressure Cooker Market Trends
- India Pressure Cooker Market Player’s Revenue Shares
- Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
By Material Types
- Aluminium
- Brass
- Stainless Steel
- Hard Anodised aluminium
By Capacity
- Up to 3 Litre
- 1 -5 Litre
- Above 5 Litre
- By Applications
- Residential
- Commercial
By Distribution Channels
- Online
- Offline
By Regions
- Northern
- Southern
- Western
- Eastern
Table of Contents
1. Executive Summary
2. Introduction
2.1 Report Description
2.2 Key Highlights of the Report
2.3 Market Scope & Segmentation
2.4 Methodology Adopted & Key Data Points
2.5 Assumptions
3. India Pressure Cooker Market Overview
3.1 India Pressure Cooker Market Revenues & Volume, 2017-2027F
3.2 India Pressure Cooker Market Industry Life Cycle
3.3 India Pressure Cooker Market Porter’s Five Forces
3.4 India Pressure Cooker Market Ecosystem
3.5 India Pressure Cooker Market Revenue Share, by Material Types, 2020 & 2027F
3.6 India Pressure Cooker Market Revenue & Volume Share, by Capacity, 2020 & 2027F
3.7 India Pressure Cooker Market Revenue Share, by Lid Type, 2020 & 2027F
3.8 India Pressure Cooker Market Revenue Share, Organized vs Unorganized Sector, 2020 & 2027F
3.9 India Pressure Cooker Market Revenue Share, by Applications, 2020 & 2027F
3.10 India Pressure Cooker Market Revenue Share, by Distribution Channels, 2020 & 2027F
3.11 India Pressure Cooker Market Revenue Share, by Regions, 2020 & 2027F
4. Impact Analysis of Covid-19 on India Pressure Cooker Market
5. India Pressure Cooker Market Dynamics
5.1 Impact Analysis
5.2 Market Drivers
5.3 Market Restraints
6. India Pressure Cooker Market Trends
7. India Pressure Cooker Market Overview, by Material Types
7.1 India Pressure Cooker Market Revenue Revenues, by Material Types, 2017-2027F
7.1.1 India Aluminium Pressure Cooker Market Revenues, 2017-2027F
7.1.2 India Stainless Steel Pressure Cooker Market Revenues, 2017-2027F
7.1.3 India Hard Anodised Aluminium Pressure Cooker Market Revenues, 2017-2027F
7.1.4 India Brass Pressure Cooker Market Revenues, 2017-2027F
8. India Pressure Cooker Market Overview, by Capacity
8.1 India Pressure Cooker Market Revenues, by Capacity, 2017-2027F
8.1.1 India Upto 3 Litres Pressure Cooker Market Revenues, 2017-2027F
8.1.2 India 3.1-5 Litres Pressure Cooker Market Revenues, 2017-2027F
8.1.3 India Above 5 Litres Pressure Cooker Market Revenues, 2017-2027F
8.2 India Pressure Cooker Market Volume, by Capacity, 2017-2027F
8.2.1 India Up to 3 Litres Pressure Cooker Market Volume, 2017-2027F
8.2.2 India 3.1-5 Litres Pressure Cooker Market Volume, 2017-2027F
8.2.3 India Above 5 Litres Pressure Cooker Market Volume, 2017-2027F
9. India Pressure Cooker Market Overview, by Lid Type
9.1 India Pressure Cooker Market Revenues, by Lid Type, 2017-2027F
9.1.1 India Inner Lid Pressure Cooker Market Revenues, 2017-2027F
9.1.2 India Outer Lid Pressure Cooker Market Revenues, 2017-2027F
9.1.3 India Clip On Pressure Cooker Market Revenues, 2017-2027F
9.2 India Pressure Cooker Market Volume, by Lid Type, 2017-2027F
9.2.1 India Inner Lid Pressure Cooker Market Volume, 2017-2027F
9.2.2 India Outer Lid Pressure Cooker Market Volume, 2017-2027F
9.2.3 India Clip On Pressure Cooker Market Volume, 2017-2027F
10. India Pressure Cooker Market Overview, Organized vs Unorganized Sector
10.1 India Pressure Cooker Market Revenues, Organized vs Unorganized Sector, 2017-2027F
10.1.1 India Pressure Cooker Market Revenues, Organized Sector, 2017-2027F
10.1.2 India Pressure Cooker Market Revenues, Unorganized Sector, 2017-2027F
11. India Pressure Cooker Market Overview, by Applications
11.1 India Pressure Cooker Market Revenues, by Applications, 2017-2027F
11.1.1 India Residential Pressure Cooker Market Revenues, 2017-2027F
11.1.2 India Commercial Pressure Cooker Market Revenues, 2017-2027F
12. India Pressure Cooker Market Overview, by Distribution Channels
12.1 India Pressure Cooker Market Revenues, by Distribution Channels, 2017-2027F
12.1.1 India Offline Pressure Cooker Market Revenues, 2017-2027F
12.1.2 India Online Pressure Cooker Market Revenues, 2017-2027F
13. India Pressure Cooker Market Overview, by Regions
13.1 India Pressure Cooker Market Revenues, by Regions, 2017-2027F
13.1.1 India Pressure Cooker Market Revenues, Southern Region 2017-2027F
13.1.2 India Pressure Cooker Market Revenues, Northern Region 2017-2027F
13.1.3 India Pressure Cooker Market Revenues, Western Region 2017-2027F
13.1.4 India Online Pressure Cooker Market Revenues, Eastern Region 2017-2027F
14. India Pressure Cooker Market Key Performance Indicators
15. India Pressure Cooker Market Opportunity Assessment
15.1 India Pressure Cooker Market Opportunity Assessment, by Material Types, 2027F
15.2 India Pressure Cooker Market Opportunity Assessment, by Capacity, 2027F
15.3 India Pressure Cooker Market Opportunity Assessment, by Lid Type, 2027F
15.4 India Pressure Cooker Market Opportunity Assessment, Organized vs Unorganized Sector, 2027F
15.5 India Pressure Cooker Market Opportunity Assessment, by Applications, 2027F
15.6 India Pressure Cooker Market Opportunity Assessment, by Distribution Channels, 2027F
15.7 India Pressure Cooker Market Opportunity Assessment, by Regions, 2027F
16. India Pressure Cooker Market – OEMs/Distributors Survey Analysis
17. India Pressure Cooker Market Competitive Landscape
17.1 India Pressure Cooker Market Revenue Share, by Companies, 2020
17.2 India Pressure Cooker Market Competitive Benchmarking, by Technical Parameters
17.3 India Pressure Cooker Market Competitive Benchmarking, by Operating Parameters
18. Company Profiles
18.1 TTK Prestige Limited
18.2 Hawkins Cooker Limited
18.3 Butterfly Gandhimati Appliances Ltd.
18.4 United Metalik Pvt. Ltd.
18.5 Stovekraft Ltd.
18.6 Bajaj Electricals Limited
18.7 Vinod Cookware
18.8 Borosil Limited
19. Key Strategic Recommendations
20. Disclaimer
List of Figures
Figure 1. India Pressure Cooker Market Revenues and Volume, 2017-2027F (INR Crore, Million Units)
Figure 2. India Pressure Cooker Market Revenue Share, by Material Types, 2020 & 2027F
Figure 3. India Pressure Cooker Market Revenue Share, by Capacity, 2020 & 2027F
Figure 4. India Pressure Cooker Market Volume Share, by Capacity, 2020 & 2027F
Figure 5. India Pressure Cooker Market Revenue Share, by Lid Type, 2020 & 2027F
Figure 6. India Pressure Cooker Market Volume Share, by Lid Type, 2020 & 2027F
Figure 7. India Pressure Cooker Market Revenue Share, Organized vs Unorganized, 2020 & 2027F
Figure 8. India Pressure Cooker Market Revenue Share, by Applications, 2020 & 2027F
Figure 9. India Pressure Cooker Market Revenue Share, by Distribution Channels, 2020 & 2027F
Figure 10. India Pressure Cooker Market Revenue Share, by Regions, 2020 & 2027F
Figure 11. Percentage of Total Population by Age Group 25-49 Years, 2010-2020
Figure 12. Urban Population of India, 2017-2027F (in millions)
Figure 13. India Per Capita Income (current US $)
Figure 14. Overall Household LPG Coverage (2014-2019)
Figure 15. Percentage of Nuclear and Non- Nuclear Families In Urban India, 2019
Figure 16. Aluminum Prices, May 2020 – April 2021 (USD/Tonne)
Figure 17. India Pressure Cooker Market Revenues, Organized Sector, 2017-2027F (INR Crores)
Figure 18. India Pressure Cooker Market Revenues, Unorganized Sector, 2017-2027F (INR Crores)
Figure 19. India Residential Pressure Cooker Market Revenues, 2017-2027F (INR Crores)
Figure 20. India Commercial Pressure Cooker Market Revenues, 2017-2027F (INR Crores)
Figure 21. India Offline Pressure Cooker Market Revenues, 2017-2027F (INR Crores)
Figure 22. India Online Pressure Cooker Market Revenues, 2017-2027F (INR Crores)
Figure 23. Production Performance of Steel Industry In India (Million Tonnes)
Figure 24. Number of Hotel Sites/ Outlets In India, (2018- 2023F)
Figure 25. Market Size of the Retail Industry, 2016- 2026F (INR Billion)
Figure 26. Market Share of the Retail Industry, 2019 & 2021F
Figure 27. India Pressure Cooker Market Opportunity Assessment, by Material Types, 2027F
Figure 28. India Pressure Cooker Market Opportunity Assessment, by Capacity, 2027F
Figure 29. India Pressure Cooker Market Opportunity Assessment, by Lid Type, 2027F
Figure 30. India Pressure Cooker Market Opportunity Assessment, Organized vs Unorganized Sector, 2027F
Figure 31. India Pressure Cooker Market Opportunity Assessment, by Applications, 2027F
Figure 32. India Pressure Cooker Market Opportunity Assessment, by Distribution Channels, 2027F
Figure 33. India Pressure Cooker Market Opportunity Assessment, by Regions, 2027F
Figure 34. Average Selling Price of Pressure Cooker in India, by Capacity (INR), 2020
Figure 35. Most Preferred Price range of Pressure Cooker in India, by Ranking, 2020
Figure 36. Percentage of Revenues Generated by Major Pressure Cooker Players through online distribution channels, 2020
Figure 37. India Cookware Market Revenue Share, by Offline Distribution Channels, 2020
Figure 38. India Pressure Cooker Market Revenue Share, by Offline Distribution Channels, 2020
Figure 39. India Pressure Cooker Market Revenue Share, by Companies, 2020
List of Tables
Table 1. India Pressure Cooker Market Revenues, by Material Types, 2017-2027F (INR Crores)
Table 2. India Pressure Cooker Market Revenues, by Capacity, 2017-2027F (INR Crores)
Table 3. India Pressure Cooker Market Volume, by Capacity, 2017-2027F (Thousand Units)
Table 4. India Pressure Cooker Market Revenues, by Lid Type, 2017-2027F (INR Crores)
Table 5. India Pressure Cooker Market Volume, by Lid Type, 2017-2027F (Thousand Units)
Table 6. India Pressure Cooker Market Revenues, by Regions, 2017-2027F (INR Crores)
Table 7. India Pressure Cooker Brands, by Companies
Companies Mentioned
- Bajaj Electricals Limited
- Borosil Limited
- Butterfly Gandhimati Appliances Ltd.
- Hawkins Cooker Limited
- Stovekraft Ltd.
- TTK Prestige Limited
- United Metalik Pvt. Ltd.
- Vinod Cookware
