DUBLIN--(BUSINESS WIRE )--The "India Refrigerator Market, By Type (Single Door, Top Freezer, Side-by-Side, Bottom Freezer, French Door), By Technology (Non-Smart vs Smart), By Distribution Channel, By End Use, By Region, Competition, Forecast & Opportunities, 2018-2028" report has been added to ResearchAndMarkets.com's offering.

The Indian Refrigerator Market was valued at USD3071.96 million in 2022, and it is anticipated to further grow at an impressive CAGR of 11.62% during the forecast years, to achieve market value of USD5880.87 million by 2028F. The growth of the Indian Refrigerator Market can be attributed to the increasing household income of the Indian middle-class families. Improving living standards, rapid urbanization, and rising number of nuclear families and bachelor homing further increases the sales of the refrigerators in India, thus driving the growth of the Indian Refrigerator Market in the next five years.

Some of the major factors driving the market growth include consistent research and technological advancement in the products available. Advancements like less consumption of energy, saving electricity consumption, higher functioning efficiency, better cooling effect, and AI-enabled functions further support the growth of the Indian Refrigerator Market in the next five years.

Advancements like the internet of things, self-adjustable temperature based on outside temperature and climate, better innovations, and product evolution also aid the growth of the Indian Refrigerator Market in the future five years. Although the distribution channels were disrupted during pandemic and long waiting times restrained the market growth, the demands for the advanced and highly efficient refrigerators increased, thus substantiating the growth of the Indian Refrigerator Market in the forecast years through 2028F.

In this report, the Indian Refrigerator Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

India Refrigerator Market, By Type:

India Refrigerator Market, By Technology:

India Refrigerator Market, By Distribution Channel:

India Refrigerator Market, By End-User:

India Refrigerator Market, By Region:

4. Impact of COVID-19 on Indian Refrigerator Market

7. India Single Door Refrigerator Market Outlook

8. India Top Freezer Refrigerator Market Outlook

9. India Side-by-Side Refrigerator Market Outlook

10. India Bottom Freezer Refrigerator Market Outlook

11. India French Door Refrigerator Market Outlook

13. Product Benchmarking (Top 100-150 Products)

For more information about this report visit https://www.researchandmarkets.com/r/wwym1b

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900