14
MARKET INTELLIGENCE . CONSULTING www.techsciresearch.com FY2016 FY2026 INDIA VEGETABLE WASHER SYSTEM MARKET FORECAST AND OPPORTUNITIES Published: January 2021

India Vegetable Washer System Market Forecast 2025

Embed Size (px)

DESCRIPTION

India vegetable washer system market was valued USD207.14 million in FY2020 and is forecast to grow at CAGR of 14.89% to reach USD457.17 million by FY2026. Anticipated growth in the vegetable washer system market can be attributed to widespread use of fertilizers, pesticides and other chemicals to increase the yield and protect the produce from pest attacks. As a result of this the fruits and vegetables or any other type of produce is exposed to a lot of chemicals and needs to be thoroughly cleaned before consumption. This in turn is expected to positively influence the market growth. Also, vegetable vendors use wax and other chemicals on the surface of the vegetables so that they look fresh. This is also quite harmful for the human health and hence, needs to be properly cleaned, thereby propelling the market growth. Click : https://www.techsciresearch.com/report/india-vegetable-washer-system-market/4834.html

Citation preview

Page 1: India Vegetable Washer System Market Forecast 2025

MARKET INTELLIGENCE . CONSULTING

www.techsciresearch.com

FY2016 – FY2026

INDIA VEGETABLE WASHER SYSTEM MARKET

FORECAST AND OPPORTUNITIES

Published: January 2021

Page 2: India Vegetable Washer System Market Forecast 2025

2© TechSci Research

S. No. Contents

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on India Vegetable Washer System Market

4. Executive Summary

5. Voice of Customer

6. India Vegetable Washer System Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value & Volume

6.2.

6.2.1. By Type (Handheld and Jet Washer)

6.2.2.By Principle (Ultrasonic, Iodine Resin, Ozone Disinfection, and ReactiveOxygen)

6.2.3. By Mobility (Portable and Fixed)

6.2.4. By Build Material (Plastic and Stainless Steel)

6.2.5. By Distribution Channel (Store-Based and Non-Store-Based)

6.2.6. By Application (Residential, Commercial, and Industrial)

6.2.7. By Company

6.2.8. By Region

6.3. Product Market Map

7. North India Vegetable Washer System Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By Type

Table of Contents

Page 3: India Vegetable Washer System Market Forecast 2025

3© TechSci Research

S. No. Contents

7.2.2. By Build Material

7.2.3. By Distribution Channel

7.2.4. By Application

8. West India Vegetable Washer System Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By Type

8.2.2. By Build Material

8.2.3. By Distribution Channel

8.2.4. By Application

9. South India Vegetable Washer System Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

9.2. Market Share & Forecast

9.2.1. By Type

9.2.2. By Build Material

9.2.3. By Distribution Channel

9.2.4. By Application

10. East India Vegetable Washer System Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value & Volume

10.2. Market Share & Forecast

Table of Contents

Page 4: India Vegetable Washer System Market Forecast 2025

4© TechSci Research

S. No. Contents

10.2.1. By Type

10.2.2. By Build Material

10.2.3. By Distribution Channel

10.2.4. By Application

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Pricing Analysis

13. Market Trends and Developments

14. Policy and Regulatory Landscape

15. India Economic Profile

16. Competitive Landscape

17. Strategic Recommendations

18. About us & Disclaimer

Table of Contents

Page 5: India Vegetable Washer System Market Forecast 2025

5© TechSci Research

Scope of ReportProduct of Interest (POI): Vegetable Washer System

Review Period

FY2016 – FY2019

Base Year

FY2020

Estimated Year

FY2021

Forecast Period

FY2022 – FY2026

Year Range

A vegetable washer system is a cleaning product designed to aid in the removal process ofdirt, wax and pesticides from fruits and vegetables before they are consumed.

Market SegmentationPRINCIPLE

• Ultrasonic

• Iodine Resin

• Ozone Disinfection

• Reactive Oxygen

MOBILITY

• Portable

• Fixed

REGION

• North

• South

• East

• West

TYPE

• Handheld

• Jet Washer

• Others

BUILD MATERIAL

• Plastic

• Stainless Steel

• Others

DISTRIBUTION CHANNEL

• Store-Based

• Non-Store-Based

APPLICATION

• Residential

• Commercial

• Industrial

Page 6: India Vegetable Washer System Market Forecast 2025

6© TechSci Research

RESEARCH METHODOLOGY

Page 7: India Vegetable Washer System Market Forecast 2025

7© TechSci Research

Research Methodology

✓ Identifying Key Opinion

Leaders

✓ Questionnaire Design

✓ In-depth Interviews

Data Collection

Developing List of Respondents

Formulating Questionnaire

Market Profiling

Data Validation

Data Analysis

In-depth secondary research was conducted to

determine top players in India vegetable washer system market, overall

market size and segmental market size.

In order to conduct industry experts’

interviews, TechSci formulated a detailed

discussion guide.

List of industry players and industry

specialists was developed.

TechSci conducted interviews with

industry experts and industry players for data collection and

verification.

Data obtained as a result of primary and secondary research was

validated through rigorous

triangulation.

The data was scrutinized using MS-Excel, statistical

tools and internal proprietary database to obtain qualitative and

quantitative insights about India vegetable washer

system market.

Data Collection

Data Filter& Analysis

Research &Intelligence

ActionableInsights

BusinessSolution

Primary Research Desk Research Company Analysis

✓ Recent Developments

✓ Market Changing

Aspects/Dynamics

✓ Government Policies

✓ Conclusion

✓ Market Participants

✓ Key Strengths

✓ LinkedIn✓ TechSci Internal

Database

✓ Factiva✓ Hoovers

Paid Sources

✓ Company Websites✓ Company Annual

Reports✓ White Paper Study✓ Financial Reports✓ Investor

Presentations✓ Regulatory Body✓ Associations, etc.

Secondary Research

Primary Research

Page 8: India Vegetable Washer System Market Forecast 2025

8© TechSci Research

Research Methodology

Baseline Methodology

• Our dedicated team of industry experts has monitored and analyzed various aspects of India vegetable washer system market. The team has analyzed the

outlook of various segments of this market, while considering the major influencing factors such as the growing need for health and hygiene. The study

includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in India vegetable

washer system market.

Methodology Followed for Calculation of Market Size:

• Market Size by Value: Market size, in terms of value, for FY2020 was calculated based on information collected through exhaustive secondary research and

primary surveys, with various key opinion leaders/stakeholders, such as vegetable washer system companies, channel partners, market influencers & end

users, industry experts, and other industry participants.

• The team interviewed more than 15 – 20 vegetable washer system companies, 100 – 120 end users, and 15 – 20 industry experts and other value chain

stakeholders in India vegetable washer system market to obtain the overall market size from FY2016 to FY2020, which was validated by the Delphi technique.

Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during FY2016 - FY2020.

Page 9: India Vegetable Washer System Market Forecast 2025

9© TechSci Research

Research Methodology

• Respondents were asked about the current and future market growth rates, market shares by application, by type, by principle, by mobility, by build material, by

distribution channel, by region, and by company. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares

generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further

triangulated from other stakeholders.

Methodology Followed for Calculation of Market Shares:

• Market by application, by type, by principle, by mobility, by build material, by distribution channel, by region and by company were calculated based on the

responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various

segments of India vegetable washer system market. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion

leaders after eliminating the outliers.

Methodology Followed for Forecasting:

• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in SPSS/Tableau Software.

• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast India vegetable washer system

market, TechSci Research used various forecast techniques such as:

✓ Moving Average

✓ Time Series Analysis

✓ Regression Analysis

✓ Econometric and Judgmental Analysis

Page 10: India Vegetable Washer System Market Forecast 2025

10© TechSci Research

Research Methodology

TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research

also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It

should be noted that the figures compiled are only for the organized market including market share data. The currency used in the report is the

United States Dollar (USD), with the market size indicated in USD million.

Partial List of Companies Interviewed Key Secondary Sources

▪ KENT RO Systems Ltd.

▪ TTK Prestige Limited

▪ Pure Energy (O3 Pure)

▪ R. K. Transonic Engineers Pvt. Ltd.

▪ Skytech Kitchen Equipment Co

▪ Sonic Soak

▪ Jwala Techno Engineering Private Limited

▪ Keva Industries

▪ Shiva Engineers

▪ Chemtronics India

▪ World Bank

▪ TechSci Research Proprietary Database & Knowledge

Repository

▪ Company Annual Reports

▪ Industry Magazines

▪ Industry Reports

▪ News Dailies

▪ Credible Paid Databases

Page 11: India Vegetable Washer System Market Forecast 2025

11

Industry Brief

3According to TechSci Research report, “India Vegetable Washer System Market By Type (Handheld, Jet Washer), By Principle (Ultrasonic,

Iodine Resin, Ozone Disinfection, Reactive Oxygen), By Mobility (Portable v/s Fixed), By Build Material (Plastic, Stainless Steel), By Distribution

Channel (Store-Based v/s Non-Store-Based), By Application (Residential, Commercial, Industrial), By Region, Competition, Forecast &

Opportunities, FY2026”, the India vegetable washer system market was valued USD207.14 million in FY2020 and is forecast to grow at CAGR of

14.89% in the next five years. India vegetable washer system market is witnessing massive growth in demand from the commercial and industrial

sector, owing to the widespread industrial development taking place, coupled with the entry of a large number of foreign companies in the

country. Moreover, several food and beverage companies like HUL, Del Monte, etc., began to enter the untapped market in the tier-2 and tier-3

cities, which offer a huge growth opportunity for the India vegetable washer systems. Increasing demand from food and beverages industry is

boosting demand for vegetable washer systems in the commercial and industrial sector.

Additionally, these vegetable washer systems are energy efficient, compact in size, lightweight, easy to use and others. These benefits

associated with the vegetable washer system are expected to fuel the market growth through FY2026. However, dearth of skilled professionals to

operate these in industrial and commercial units might hamper the market growth over the next few years. Additionally, associated high cost

might also impede the market growth. Moreover, lack of awareness and adoption of the product among the consumers is further expected restrict

the market growth.

The India vegetable washer system market is segmented based on type, principle, mobility, build material, distribution channel, application,

company, and region. Based on distribution channel, the market can be bifurcated into store-based and non-store-based. Among these, the

store-based segment is expected to dominate the market owing to the availability of wide range of product and pricing options in these stores.

KENT RO Systems Ltd., Skytech Kitchen Equipment Co, TTK Prestige Limited, Jwala Techno Engineering Private Limited, Keva Industries

Private Ltd., Shiva Engineers, Chemtronics India, Gem Allied Industries Pvt. Ltd., Global Marketing Empire, SS ENGINEERS & CONSULTANTS,

and others are some of the leading players operating in India vegetable washer system market. The companies operating in the market are using

organic strategies such as product launches, mergers and collaborations to boost their share.

“Northern India was the highest revenue generating region in the Indian vegetable washer system market, accounting for 32.30% share in

FY2020. Furthermore, the region is estimated to remain the most dominating region during the forecast period as well and is expected to hold a

share of 31.88% in FY2026, exhibiting a CAGR of 14.64% during the forecast period. The growth of the region is attributed to the high population

density, growing industrialization and increasing number of establishments of food processing factories in the region.” said Mr. Karan Chechi,

Research Director with TechSci Research, a research based India management consulting firm.

Page 12: India Vegetable Washer System Market Forecast 2025

12

Sample Data - Snapshot

3

FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E FY2022F FY2023F FY2024F FY2025F FY2026F

Value (USD Million) By Volume (Thousand Unit)

India Vegetable Washer System Market Size, By Value (USD Million), By Volume (Thousand Unit), FY2016-FY2026F

CAGR FY2016-FY2020By Value: xx%

By Volume: xx%

CAGR FY2021E-FY2026FBy Value: xx%

By Volume: xx%

South India Vegetable Washer System Market Share, By Type, By Value, FY2016-FY2026F

FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E FY2022F FY2023F FY2024F FY2025F FY2026F

Jet Washer 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00%

Handheld 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00%

South India Vegetable Washer System Market Share, By Type, By Value, FY2016-FY2026F

FY2016 FY2017 FY2018 FY2019 FY2020 FY2021E FY2022F FY2023F FY2024F FY2025F FY2026F

Jet Washer 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00%

Handheld 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00% 60.00%

Page 13: India Vegetable Washer System Market Forecast 2025

13

Report Ordering

3

License Type Price

Electronic Access - Single User License $2950

Electronic Access - Multi-User License $3750

Custom Research License $7500

Report Price

To View Sample OR Purchase Report

Report Name: INDIA VEGETABLE WASHER SYSTEM MARKET

FORECAST AND OPPORTUNITIES

FY2016 – FY2026

Page 14: India Vegetable Washer System Market Forecast 2025

About Us & Disclaimer

TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in

number of areas to organizations. The company uses innovative business models that focus on improving By Productivity, while ensuring creation of high-quality reports.

The proprietary forecasting models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’

model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich

evaluation of the opportunities available in the market.

Related Reports

• India Air Purifier Market By Filter Type (HEPA and Activated Carbon, HEPA, Activated Carbon and Ion Ozone, Ion Ozone, HEPA, Electrostatic

Precipitators, Activated Carbon and Others), By End Use, Competition, Forecast & Opportunities, 2014 – 2024

• India Residential Water Purifier Market By Technology (UV, RO, Activated Carbon, Ultrafiltration & Others), By Product Category (Purifier,

Dispenser & Others), By Sales Channel (Direct & Distributors), Competition Forecast & Opportunities, 2024

• Global Water Purifiers Market By Technology (Membrane, Media & UV), By Region (Asia-Pacific, North America, Europe, Middle East & Africa

and West America), Competition, Forecast & Opportunities, 2015 – 2026

The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely,accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considersreliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors oromissions or for the results obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of thisreport. The information herein, together with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative marketsize and are strictly for client’s internal consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

TechSci Research – North America708 Third Avenue, Manhattan,

New York, United StatesTel: +1- 646- 360- 1656

Email: [email protected] www.techsciresearch.com

Disclaimer

TechSci Research – Europe54, Old brook, Bretton,

Peterborough, United Kingdom

Email: [email protected] www.techsciresearch.com

TechSci Research – Asia-PacificB – 44, Sector – 57, Noida, National Capital

Region, U.P. - IndiaTel: +91-120-4523900

Email: [email protected] www.techsciresearch.com