India Pressure Cooker Market Outlook (2021-2027) | Size, Share, Trends, Growth, Revenue, Forecast, Analysis, Value, Outlook & COVID-19 IMPACT

Market Forecast By Material Types (Aluminum, Brass, Stainless Steel, Hard Anodised Aluminum), By Capacity (Upto 3 Litre, 3.1 -5 Litre, Above 5 Litre), By Application (Residential, Commercial), By Distribution Channel (Online, Offline), By Regions (Northern, Southern, Western, Eastern) and competitive landscape

Product Code: ETC150054 Publication Date: Aug 2023 Updated Date: Feb 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 101 No. of Figures: 39 No. of Tables: 7

India Pressure Cooker Market Shipment Analysis

India Pressure Cooker Market registered a decline of -11.27% in value shipments in 2022 as compared to 2021 and an increase of 8.87% CAGR in 2022 over a period of 2017. In Pressure Cooker Market India is becoming more competitive as the HHI index in 2022 was 7315 while in 2017 it was 7787. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on imports to meet its growing demand in Pressure Cooker Market.

India Pressure Cooker Market Competition 2023


India Export Potential Assessment For Pressure Cooker Market (USD Values in Thousand)


Latest 2023 Developments of the India Pressure Cooker Market

India Pressure Cooker Market has witnessed an upward growth trajectory and there have been several recent developments in the market. For instance, with the rising popularity of electric cookers driven by increasing urbanization and changing lifestyles, consumers are opting for electric pressure cookers, which offer greater convenience and a safe cooking experience. Pressure cookers are mainly used for cooking healthy food as they preserve nutrients while reducing cooking time. The expansion of online sales channels such as e-commerce websites and mobile apps is becoming popular for purchasing pressure cookers, driven by convenience and a wider product range.

Moreover, companies are launching pressure cookers with cutting-edge features such as multiple cooking programs, auto-locking lids, and materials like stainless steel and hard-anodized aluminium. Furthermore, companies are focused on expanding their market presence through product innovation while increasing their distribution networks. There is also a growing trend towards partnerships with home appliance brands and the launch of smart pressure cookers with advanced features and connectivity. The market for pressure cooker in India is highly fragmented with many local players as well as established international players. The players are constantly innovating and introducing new products to meet the changing needs of consumers.

India Pressure Cooker Market Synopsis

The India pressure cooker market witnessed an upward growth trajectory in recent years on account of the growing inclination of urban consumers to buy pressure cookers over normal cookers as they reduce the cooking time leading to rising fuel cost savings. However, the Covid – 19 initially led to a decline in revenues of the product owing to nationwide lockdown leading to disruption in the supply chain. Although, as restrictions were lifted and e-commerce started its operation, the market witnessed positive growth as people started cooking in their leisure time inducing higher demand for the product.

India pressure cooker market OverviewAccording to 6Wresearch, the India Pressure Cooker Market size is projected to grow at a CAGR of 6.4% during 2021-27F. An increasing number of modular kitchens and rising disposable income in India are also 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 manufacturers in the pressure cooker industry, the adoption of modern pressure cookers is anticipated to rise in the coming period. 

India Pressure Cooker Market segmentation

Market by Material Types Analysis

In terms of Material Types, aluminum and stainless steel cumulatively have captured 70% of the market revenues in 2020, with aluminum leading the market. Aluminum held the majority market share in the India pressure cooker market owing to the low pricing of aluminum pressure cookers as compared to other material types including stainless steel, brass and hard anodized aluminum. Moreover, the largely 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.

India Pressure Cooker Market opportunity Assessment

Market by Distribution Channel Analysis

In India pressure cooker market, the offline segment occupied the majority share of the market revenues accounting for more than 80% of the market revenues in 2020 as the consumers have the option of comparing the different brands available at the store physically and choosing the right product as per their requirement. However, the growing popularity of e-commerce websites among millennials is likely to drive significant growth in the online distribution channel segment over the coming years.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2017 to 2020.
  • Base Year: 2020
  • Forecast Data until 2027.
  • Key Performance Indicators Impacting the Market.

Key Highlights of the Report

  • India Pressure Cooker Market Overview
  • India Pressure Cooker Market Outlook
  • India Pressure Cooker Market Forecast
  • Historical Data and Forecast of India Pressure Cooker Market Revenues & Volume for the Period 2017-2027F
  • Historical Data and Forecast of Market Revenues, By Material Types, for the Period 2017-2027F
  • Historical Data and Forecast of Market Revenues & Volume, By Capacity, for the Period 2017-2027F
  • Historical Data and Forecast of Market Revenues, By Applications, for the Period 2017-2027F
  • 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

  • Aluminum
  • Brass
  • Stainless Steel
  • Hard Anodised Aluminum

By Capacity

  • Upto 3 Litre
  • 1 -5 Litre
  • Above 5 Litre

By Application

  • Residential
  • Commercial

By Distribution Channel

  • Online
  • Offline

By Regions

  • Northern
  • Southern
  • Western
  • Eastern
India Pressure Cooker Market: FAQs
The report not only has considered COVID-19 impact but also current market dynamics, trends and KPIs into consideration.
The India pressure cooker market revenue is anticipated to record a CAGR of 6.4% during 2021-27.
The segment, up to 3-litre capacity pressure cooker has dominated the market revenues led by usage across the residential segment.
Hard anodised aluminium pressure cooker would record key growth throughout the forecast period 2021-27.
The key players in the market include- TTK Prestige Limited, Hawkins Cooker Limited, Butterfly Gandhimati Appliances Ltd., United Metalik Pvt. Ltd., Stovekraft Ltd., Bajaj Electricals Limited, Vinod Cookware, Borosil Limited.
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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
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