India Consumer Durable Finance Market Analysis, Share, Trends, Demand, Size, Opportunity & Forecast
Growing awareness of consumer durable financial services and improving lifestyle and technological preferences of people are projected to drive the India consumer durable finance market through FY2027. According to the report released by TechSci Research, ‘ India Consumer Durable Finance Market By Type ( Smart Phone, Washing Machine, Refrigerator, Air Conditioner, Laptop, and Others ), By City (Tier 1, Tier 2, and Tier 3), By Region, Competition Forecast & Opportunities, FY2027 ’, the consumer durable finance market in India was valued at USD1110.63 million in FY2021 and is expected to advance with a CAGR of 21.63% in the forecast period to reach USD2704.18 million in FY2027. The Important Elements of India Consumer Durable Finance Market The increasing penetration of non-banking financial companies (NBFCs) is further providing more lucrative options to consumers to avail consumer durable finances. Demonetization enabled an increasing number of NBFCs to e...