India Refrigerator Market Overview
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- Emily Murphy
- 7 years ago
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1 Brochure More information from India Refrigerator Market Overview Description: The India Refrigerator market increased with a CAGR of 15.70% from and it is expected to grow more in upcoming years. Rising household income, improving living standards, rapid urbanization, increasing number of nuclear families, large untapped market and environmental changes are major growth drivers for the refrigerator industry. The major players are cutting their prices and launching the new models with advanced features and new designs. With the rising per capita income levels, declining prices and consumer finance the refrigerator market is expected to grow in future years. According to India Refrigerator Market Overview, the refrigerator market which is broadly divided into two categories such as direct cool and frost free, both segments would continue to be strong for future years however in long run frost free models will occupy the larger market share. The frost free refrigerator market of India is gaining massive popularity and momentum over traditional refrigerator models. There is a trend for double door refrigerator which starts from 200 liter capacity to maximum 500 liters. The demand for refrigerator in India is mainly from urban areas which accounts for 75 percent share. Available features, Energy star rating, Warranty, Quality, Space, price, cleaning ease functionality and styling are currently major influential factors while purchasing a refrigerator. The most common sizes are 180 liters in direct cool refrigerator and 250 liters in frost free refrigerators. Direct cool segment models with capacities ranging from liters have the highest market share however liters are almost equally preferable by Indian consumers. In frost free segment models with storage capacities ranging from 226 to 270 liters recorded the largest sales while lesser capacity with less than 225 had modest market share. The competition between different manufactures in the Indian refrigerator market has changed over time with many players entering and leaving the market. Both LG and Samsung, multinational companies from Korea have managed to capture a combined 50% market share in refrigeration industry in India. While LG has two refrigerator manufacturing units in India, Samsung has none and relies on imports to maintain its market share in India. Domestic manufacturers like Godrej and Videocon are also working on increasing their market shares. The penetration rate of refrigerator in India is still at very low when compared to other emerging market or developed countries. Southern region of India leads the refrigerator market in sales volume followed by Northern, western and eastern region. India Refrigerator Market Outlook, 2021 discusses the following aspects of refrigerator in India. Contents: 1. Executive Summary 2. Global Refrigerator Market Outlook 3. India Refrigerator Market Outlook 3.1. Market Size By Value By Volume 3.2. Market Share By Company By Types - Value By Types - Volume By Region - Volume By Sales Channel 3.3. Production 4. India Direct Cool Refrigerator Market 4.1. Market Size By Value By Volume 4.2. Market Share By Capacity - Value & Volume
2 By Region - Volume 4.3. Pricing Analysis 5. India Frost Free Refrigerator Market 5.1. Market Size By Value By Volume 5.2. Market Share By Capacity - Value & Volume By Region - Volume 5.3. Pricing Analysis 6. Company Profiles 6.1. Samsung Electronics 6.2. LG Electronics 6.3. Whirlpool Corporation 6.4. Godrej & Boyce Ltd Videocon Consumer Electronics & Home Appliances 7. Disclaimer List of Figures: Figure-1: India Refrigerator Market Size - By Value (INR Crore) Figure-2: India Refrigerator Market Size Forecast - By Value 2015F-2021F (INR Crore) Figure-3: India Refrigerator Market Size - By Volume F (Units in Lakh) Figure-4: India Refrigerator Market Share - By Company 2014 & 2021F Figure-5: India Refrigerator Market Share - By Types 2014 & 2021F (Value) Figure-6: India Refrigerator Market Share - By Types 2014 & 2021F (Volume) Figure-7: India Refrigerator Market Share - By Region 2014 & 2021F Figure-8: India Refrigerator Market Share - By Sales Channel Figure-9: India Refrigerator Market Production to 2014 (Units in thousands) Figure-10: India Direct Cool Refrigerator Market Size - By Value F (INR Crore) Figure-11: India Direct Cool Refrigerator Market Size- By Volume F (Units in Lakh) Figure-12: India Direct Cool Refrigerator Market Share - By Capacity 2014 (Value & Volume) Figure-13: India Direct Cool Refrigerator Market Share - By Capacity 2021F (Value & Volume) Figure-14: India Direct Cool Refrigerator Market Share - By Region 2014 & 2021F Figure-15: India Direct Cool Refrigerator - Average Selling Price F Figure-16: India Frost Free Refrigerator Market Size - By Value F (INR Crore) Figure-17: India Frost Free Refrigerator Market Size - By Volume F (Units in Lakh) Figure-18: India Frost Free Refrigerator Market Share - By Capacity 2014 (Value & Volume) Figure-19: India Frost Free Refrigerator Market Share - By Capacity 2021F (Value & Volume) Figure-20: India Frost Free Refrigerator Market Share - By Region 2014 & 2021F Figure-21: India Frost Free Refrigerator - Average Selling Price F Figure-22: India Refrigerator Market Penetration F List of Tables: Table-1: Key Facts of Samsung Electronics Table-2: Key Facts of LG Electronics Table-3: Key Facts of Whirlpool Corporation Table-4: Key Facts of Godrej & Boyce Ltd. Table-5: Key Facts of Videocon Consumers Electronics & Home Appliances Ordering: Order Online - Order by Fax - using the form below Order by Post - print the order form below and send to Research and Markets, Guinness Centre, Taylors Lane,
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