India Water Heater Market Outlook
Market Forecast By Types (Electric Water Heater, Gas Water Heater, Solar Water Heater), By Capacity (Upto 5 Litre, 5.1 -10 Litre, 10.1 -20 Litre, Above 20 Litre), By Application (Residential, Commercial), By Distribution Channel (Online, Offline), By Regions (Northern, Southern, Western, Eastern) And Competitive Landscape According to 6Wresearch, the India Water Heater Market revenue size is projected to grow at a CAGR of 6.9% during 2021-27F. Rising disposable income and the cold winters are also the major factors contributing to the growth of the water heater market. The projected growth in India water heater market for the coming years can also be attributed to the growing hospitality sector in the country. The hospitality sector has also provided opportunity growth in the solar water heater segment owing to its low operational cost and energy efficiency. With the different designs and innovations by the manufacturers in the water heater product, the adoption of water heat...