The market research report titled ‘India Air Conditioner Market Outlook, 2026’, ‘India Refrigerator Market Outlook, 2026’, & ‘India Washing Machine Market Outlook, 2026’ Published by Bonafide Research identifies and discusses recent developments in the refrigerator, Washing Machine , & Air Conditioner market of India. This report not only serves with the facts, figures, and foreseen future but also has a detailed study about the Covid-19 impact on the industry. The consumer durable industry is thriving with the increasing demands of the vast and diverse user base of the country. The sector has one of the important parts of the Indian economy and providing employment to millions of people and also improving the quality of life of people in the country.
India Air Conditioner Market
The Air Conditioner Market in India is projected to grow at CAGR of more than 14% during, 2021-2026. The ac business in India remains steadfastly committed to customer satisfaction and innovation and has launched the new enhanced version of the Inverter AC. The launch of new technology air conditioner offering superior quality products those are both affordable and accessible. In India, AC penetration is still hovering at 6-7% compared to the 90% in developed countries. This provides a huge potential for market players to grow and sustain their industry leadership position. Further, rise in the average temperature of the Indian subcontinent which also translates to higher demand for ACs in the country.
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India Refrigerator Market
According to ‘India Refrigerator Market Outlook, 2026′, refrigerator sales is expected to grow with a CAGR of more than 11% during forecast periods. India refrigerators market is classify into two product types’ i.e. direct cool refrigerator and frost free refrigerator. Frost free refrigerator does not require manual defrosting and on the contrary in direct cool refrigerator manual defrosting is necessitate. Direct cool refrigerators dominate in the Indian market whereas frost free refrigerators are fast fetching popular among urban households. LG, Samsung, Whirlpool, Godrej, Haier, Panasonic and Havells are the major players operating in the Indian refrigerator industry. LG and Samsung are the major two players in the refrigerator market. Strong brand equity, a wide product range from basic single door direct cool refrigerator to large volume Bottom mount freezer, French door to side-by-side door refrigerators is what separates the leading brands from the other market players.
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India Washing Machine Market
India Washing Machine Market is expected to grow at CAGR of over 6-7% during 2021-2026. According to “India Washing Machine Market Outlook, 2026”, the market in India is mainly divided into two technology types, one is semi-automatic machine and the other one is fully automatic machine (Top Load and Front Load.. Nowadays washing machine comes equipped with built in heaters and smart control technology. The Fully Automatic washing machine Market is anticipated to grow in foretell period. The product premiumization movement esteems front load washing machines. Top load washing machine is leading by share as the cost difference between the two is substantial. LG, Samsung, IFB, Whirlpool, Haier and Godrej are the leading players in the washing machine industry of India. Majority of market value is churns by North region whereas East is considered as the lowest penetrated region in washing machine market. By demographics area demand for refrigerator from urban area is more than rural areas where the product is still contemplate as an elite phenomenon. Domestic players have turned their focus towards rural areas as urban markets are clearly dominated by foreign firms like LG and Samsung.
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