India Home Appliances Market Size & Outlook, 2025-2030
The home appliances market in India is expected to reach a projected revenue of US$ 33,631.2 million by 2030. A compound annual growth rate of 7.2% is expected of India home appliances market from 2025 to 2030.
Revenue, 2024 (US$M)
$22,452.7
Forecast, 2030 (US$M)
$33,631.2
CAGR, 2025 - 2030
7.2%
Report Coverage
India
Related Markets
India home appliances market highlights
- The India home appliances market generated a revenue of USD 22,452.7 million in 2024 and is expected to reach USD 33,631.2 million by 2030.
- The India market is expected to grow at a CAGR of 7.2% from 2025 to 2030.
- In terms of segment, major appliances was the largest revenue generating product in 2024.
- Small Appliances is the most lucrative product segment registering the fastest growth during the forecast period.
Home appliances market data book summary
| Market revenue in 2024 | USD 22,452.7 million |
| Market revenue in 2030 | USD 33,631.2 million |
| Growth rate | 7.2% (CAGR from 2025 to 2030) |
| Largest segment | Major appliances |
| Fastest growing segment | Small Appliances |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Small Appliances, Major Appliances |
| Key market players worldwide | Koninklijke Philips NV, Haier Smart Home Co Ltd ADR, B. Braun Medical, Hamilton Lane Inc Class A, Whirlpool Corp, Hamilton Beach Brands Holding Co Class A, Spectrum Brands Holdings Inc, Brother Industries Ltd, Tiger Brands Ltd, BPL Group, Meyer, Zojirushi, SEB SA, Blendtec |
Other key industry trends
- In terms of revenue, India accounted for 4.5% of the global home appliances market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China home appliances market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 33,631.2 million by 2030.
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Home Appliances Market Scope
Home appliances market segmentation & scope
Others
Home Appliances Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| SEB SA | View profile | 31000 | 112, Chemin du Moulin Carron, Campus SEB, Ecully, France, 69130 | https://www.groupeseb.com |
| Blendtec | View profile | 501-1000 | Orem, Utah, United States, North America | http://www.blendtec.com/ |
| Zojirushi | View profile | 1001-5000 | Osaka, Osaka, Japan, Asia | https://www.zojirushi.co.jp |
| BPL Group | View profile | 251-500 | Palakkad, Kerala, India, Asia | http://www.bpl.in |
| Hamilton Beach Brands Holding Co Class A | View profile | 700 | 4421 Waterfront Drive, Glen Allen, VA, United States, 23060 | https://www.hamiltonbeachbrands.com |
| Tiger Brands Ltd | View profile | 10323 | 3010 William Nicol Drive, P.O. Box 78056, Bryanston, Sandton, Johannesburg, GT, South Africa, 2146 | https://www.tigerbrands.com |
| Brother Industries Ltd | View profile | 44925 | 15-1, Naeshiro-cho, Mizuho-ku, Nagoya, Japan, 467-8561 | http://www.brother.com |
| Meyer | View profile | 1001-5000 | Vallejo, California, United States, North America | https://meyerus.com/ |
| Whirlpool Corp | View profile | 59000 | 2000 North M-63, Benton Harbor, MI, United States, 49022-2692 | https://www.whirlpoolcorp.com |
| Haier Smart Home Co Ltd ADR | View profile | 112458 | Haier Industrial Park, Laoshan District, Shandong Province, Qingdao, China, People's Republic of, 266101 | https://smart-home.haier.com/cn |
| B. Braun Medical | View profile | 10001+ | Bethlehem, Pennsylvania, United States, North America | http://www.bbraunusa.com |
| Spectrum Brands Holdings Inc | View profile | 3100 | 3001 Deming Way, Middleton, WI, United States, 53562 | https://www.spectrumbrands.com |
| Hamilton Lane Inc Class A | View profile | 600 | 110 Washington Street, Suite 1300, Conshohocken, PA, United States, 19428 | https://www.hamiltonlane.com |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
India home appliances market size, by product, 2018-2030 (US$M)
India Home Appliances Market Outlook Share, 2024 & 2030 (US$M)
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