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Business
India's consumer durables market projected to reach ₹3‑3.25 trillion by 2030
✍️ Business Standard
🗓 27 Sep 2026, 04:47 PM
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Analysts estimate the Indian consumer durables sector will grow to between ₹3 trillion and ₹3.25 trillion by the end of the decade.
India's consumer durables sector is expected to expand to a value between ₹3 trillion and ₹3.25 trillion by 2030, according to a report by Business Standard. The forecast reflects a steady upward trajectory over the next decade.
The growth is attributed to rising household incomes, increased urbanisation and greater penetration of appliances such as refrigerators, washing machines and televisions across middle‑income families. Demand for smart and energy‑efficient devices is also expected to boost sales.
Industry analysts say the projected size underscores the sector's resilience amid broader economic fluctuations, and suggests continued investment opportunities for manufacturers and retailers.
The growth is attributed to rising household incomes, increased urbanisation and greater penetration of appliances such as refrigerators, washing machines and televisions across middle‑income families. Demand for smart and energy‑efficient devices is also expected to boost sales.
Industry analysts say the projected size underscores the sector's resilience amid broader economic fluctuations, and suggests continued investment opportunities for manufacturers and retailers.