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WARM VIBES

Business Today India|February 04, 2024
With winter at its peak, sales of appliances like geysers and room heaters are spiking, bringing cheer for retailers and manufacturers alike
- NIDHI SINGAL
WARM VIBES

THE EXTREME COLD affecting several parts of India has caused a twofold jump in demand for room heaters across sales channels. Demand for high-capacity geysers (15 litres or more) has also surged considerably. The room heater market in India—valued at $94.6 million (around ₹784 crore) in 2023— is pegged to grow at a CAGR of 6.76 per cent till 2029, per management consulting firm TechSci Research. It says the water heater market—valued at $285.85 million (around ₹2,366 crore) in 2023—would grow at a CAGR of 7.15 per cent through 2029.

هذه القصة مأخوذة من طبعة February 04, 2024 من Business Today India.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

WARM VIBES
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هذه القصة مأخوذة من طبعة February 04, 2024 من Business Today India.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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