BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Securities Report
India non-stick cookware market, Rs 9.6 billion in size, is a high-growth category largely dominated by the unorganised sector (60% market share as of FY21).
We believe organised players such as TTK Prestige Ltd. will likely be net beneficiaries of share shift from unorganised segment, caused by high inflation in commodity costs, improved product offerings and expanded distribution in rural areas.
Tawa, frying pan and kadhai are the deepest penetrated categories with presence in most Indian kitchens.
We also believe as most multi national companies are not present in cookware segment, Indian companies will benefit the most.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
