Aissvaryam Home Care India Pvt Ltd

Industry


 The household appliance industry

      The household appliance industry consists of cooking appliances, refrigeration, laundry appliances, home comfort appliances, and others. The industry   is capital intensive and fragmented as thousands of players are competing with each other to uphold their place in the market. Rising consumer incomes and changing lifestyle mainly drive the demand, and maintaining balance between price and quality is the biggest challenge for the industry.

       The Indian household appliance industry is expected to grow due to easy availability of finance drop in prices due to increased rivalry. South Korea, China, India, and Hong Kong are expected to drive growth in Asia in the household appliance industry. APAC is also expected to emerge as a hot destination for established companies to setup their production unit due to low labor and manufacturing costs.

 

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