11 January 2022

Refrigerator Market in India

  • The refrigerator market expanded significantly during the 1980s and 1990s with Rising incomes, Urbanization, and Growth of consumer electronics manufacturing.

  • India’s growing middle class has been a major driver of refrigerator adoption.
  • Common refrigerator types in India include Single-door refrigerators, Double-door refrigerators, and Side-by-side refrigerators.
  • Major refrigerator manufacturers in India include LG India, Samsung India, Whirlpool India, and Godrej Appliances.
  • Government energy-efficiency initiatives encouraged the adoption of Star-rated refrigerators, and Energy-saving appliances.
  • Modern refrigerators offer features such as Inverter compressors, Smart connectivity, Convertible storage modes, and Advanced cooling systems.
  • Current trends in India’s refrigerator market Smart refrigerators, AI-enabled cooling management, and Premium multi-door models.