Induction cooktop demand doubles as habits shift; market seen at 7M units by 2026
Epack Durable and BSH India (Bosch, Siemens) ride a category surge as West Asia LPG disruption pushes Indian households toward hybrid LPG-induction cooking. Order books have doubled YoY for the Jul-Sep quarter, brand count jumped to 240+ from 60-70, and the market is projected to expand to ~7 million units in 2026 from ~4 million in 2025.
What happened
Epack Durable · Induction cooktop demand in India is surging as West Asia LPG disruptions shift cooking habits toward hybrid LPG-induction use. Order books
Key facts
- orders 2x YoY for Jul-Sep quarter
- market ~7 million units in 2026 vs ~4 million in 2025
- 240+ brands up from 60-70 a year ago
Why this matters
The rapid category expansion and fragmentation from 60-70 to 240+ brands creates a window for consolidation plays and OEM/manufacturing partnerships to lock in share before the 2026 volume ramp.
What to watch
- West Asia LPG supply normalization or fresh disruption
- LPG subsidy policy changes in India
- New PLI or import-duty moves on cooktop components
- Electricity tariff hikes eroding induction cost advantage
- Q3-Q4 order book confirmation vs the doubling claim
- Brand count stabilizing or consolidating below 240
- Track OEM capacity expansion announcements from Epack Durable and contract manufacturers
- Monitor component import dependency (China coils/IGBTs) for supply risk and PLI eligibility
- Watch retail ASP trends across e-commerce for early price-war signals
- Assess distributor inventory build-up entering festive/winter demand cycle
- Evaluate BSH premium SKU mix shift versus mass-market entrants