Press release
India Refrigerator Market to Reach USD 61.86 Mn by 2027, Technological Advancements and Growth Opportunities
India Refrigerator Market
India Refrigerator Market Report Scope and Research Methodology
The report provides an overview of refrigerators as electrical appliances that use a heat pump and thermally shielded compartments to transfer heat from inside to outside, preserving a temperature a few degrees above the freezing point of water. Refrigerators consist of a cupboard-like structure used to extend the shelf life of food and protect it from bacteria. The report details the various segments of the refrigerator market, including Product, Distribution Channel, and Type.
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India Refrigerator Market Dynamics
The report outlines that the increase in disposable income and easy financing schemes provided to consumers have brought refrigerators from luxurious commodities to necessities, driving the market growth. The rising urban population and changes in lifestyle are persuading consumers to buy smart refrigerators. The majority of sales are generated through urban areas, with developing urban areas and high-income individuals driving demand for refrigerators in the Indian market.
Furthermore, state governments offer capital subsidies, stamp duty exemptions, interest subsidies, tax reimbursements, and electrical duty exemptions on white goods, which is driving the demand for refrigerators. The Make in India movement is pushing the supply of refrigerators in the market.
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India Refrigerator Market Regional Insights
The report also provides regional insights, with South India dominating the market in 2020 with a 26 percent share. The North India region is expected to grow at a CAGR of 5.4 percent through the forecast period.
India Refrigerator Market Segmentation
By Product;
• Top Freezer
• Bottom Freezer
• Side by Side
• French Door
By Distribution Channel:
• Supermarkets
• Specialty Stores
• Online
• Others
By Type:
• Frost Free
• Direct Cool
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India Refrigerator Market Key Competitors include:
• Onida
• Rockwell Companies
• Sinfin Company
• BPL companies
• Samsung
• Bosch
• Siemens
• Godrej
• Electrolux
• Videocon
• LG
• Whirlpool
• Panasonic
• Haier
• Voltas Limited
• Hitachi
• Sharp
• Amana
• Kitchenaid
• MIDEA
• Kenmore
• GE
• Frigidaire
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Table of Content for India Refrigerator Market
India Refrigerator Market: Research Methodology
India Refrigerator Market: Executive Summary
Market Overview and Definitions
Introduction to Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
India Refrigerator Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
India Refrigerator Market Segmentation
Market, by Product (2021-2027)
Market, by Distribution Channel (2021-2027)
Market, by Type (2021-2027)
Regional Refrigerator Market (2021-2027)
Regional Market, by Product (2021-2027)
Regional Market, by Distribution Channel (2021-2027)
Regional Market, by Country (2021-2027)
Company Profile: Key players
Company Overview
Financial Overview
Presence
Capacity Portfolio
Business Strategy
Recent Developments
Know More About The Report:
https://www.maximizemarketresearch.com/market-report/india-refrigerator-market/111015/
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2027
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product, Distribution Channel and Type
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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