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Indonesia Kitchen Appliances Market Forecast and Opportunities, 2019DUBLIN, Jan. 29, 2015 /PRNewswire/ --Research and Markets (http://www.researchandmarkets.com/research/gb69dc/indonesia_kitchen) has announced the addition of the "Indonesia Kitchen Appliances Market Forecast and Opportunities, 2019" report to their offering. Indonesia has been witnessing significant growth in kitchen appliances sales for the past few years. With increasing economic activity and rising employment opportunities, working population in the country is on the rise. Women, in particular, are forming a major base in the country's workforce. As a result, people are willing to spend more on convenience, which is driving the sales of kitchen appliances such as microwave oven, food processor, hand blender, induction cooktops, etc. According to 'Indonesia Kitchen Appliances Market Forecast & Opportunities, 2019', the kitchen appliances market in Indonesia is forecast to grow at a CAGR of around 21% till 2019. Growing domestic sales and export demand, coupled with increasing consumer preference for convenience, style and innovative design is driving the market for kitchen appliances in Indonesia. The demand for gas stoves exceeded that of other appliance in Indonesia in 2013. However, electric cooker topped with most of the middle class and affluent consumers buying it for enhanced convenience. Incessantly growing LPG prices is another key factor driving the demand for electric cooker and induction cooktops in the country. Region wise, Java is emerging as the leading market for kitchen appliances due to high population density, and active manufacturing and distribution hub in the province. Key Topics Covered:
For more information visit http://www.researchandmarkets.com/research/gb69dc/indonesia_kitchen Media Contact: Laura Wood , +353-1-481-1716, [email protected] To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/indonesia-kitchen-appliances-market-forecast-and-opportunities-2019-300028065.html SOURCE Research and Markets |