The consumer durables market in india is estimated to have reached rs 1 trillion (us$ 155 billion) in 2017 the consumer durables/light electricals industry is expected to reach rs 3 trillion (us$ 4654 billion) by 2020. Consumer durables accounts for more than 40% of end consumer spending in india the urban market accounts for a major share of about 65% of total revenues in consumer durables sector, and the remaining 35% accounts for rural market.
Consumer durables are a category of consumer products that do not have to be purchased frequently because they are made to last for an extended period of time (typically more than three years) they are also called durable goods or durables. The rural and urban market of consumer durables has been growing at a rate of around 15 % on an average growth prospects india is likely to emerge as the world’s largest middle class consumer market with an aggregated consumer spend of nearly us$ 13 trillion by 2030, as per a report by deloitte titled 'india matters: winning in growth markets. Consumer durables market: find latest stories, special reports, news & pictures on consumer durables market read expert opinions, top news, insights and trends on the economic times.
The market analysis report on china consumer durables industry shows the market size is anticipated to reach usd 2703 billion, expanding at a cagr of 131% over the forecast period of 2017-2025 with segmentation by pricing model, by distribution channel, by business model, and region.
One of the strongest industry which helps a nations development and is a sign of how developed the nation is, is consumer durable industry there are many famous consumer durable companies across the world a consumer durable brand is categorised in two ways. 2015 consumer products industry outlook report achieving globalization to drive differentiation and growth expanding into global markets is one avenue us-based consumer products companies can pursue to drive growth and brand differentiation. Companies in the consumer products industry are aligning technology in creative and efficient ways to optimize customer engagement and influence the consumers’ path to purchase read the 2018 consumer products industry outlook to learn more. Here are the top consumer durable companies & consumer durable brands across the world one of the strongest industry which helps a nations development and is a sign of how developed the nation is, is consumer durable industry there are many top consumer durable brands listed in this article. The global consumer durable industry is estimated to be $13-15 trillion, india is 5-7% of the global consumer industry there is huge run way for the indian consumer durable industry global companies are looking at india seriously as this is a high growth market for them there is scope for domestic indian companies to have a global presence.
The consumer durables industry consists of durable goods and appliances for domestic use such as televisions, refrigerators, air conditioners and washing machines the consumer durables industry can be broadly classified into two segments: consumer electronics and consumer appliances. India’s consumer durables industry is valued at $97 billion as of 2015 this sector is expected to grow to $206 billion by 2020 and become the fifth largest in the world by 2025. Find consumer durables companies and a complete list of nasdaq, nyse, and amex listed companies using the company list tool at nasdaqcom.