The India Refrigerator market held a market value of USD 4,004.7 Million in 2021 and is estimated to reach USD 6,909.9 Million by the year 2030. The market is expected to register a growth rate of 8.1% over the projected period. The number of units sold in 2021 was around 12,539.5 thousand.
The India Refrigerator market is segmented into model type, retail format, capacity, technology, and end user.
By Model Type,
Side by Side
The top freezer segment is expected to hold the largest market share owing to its features such as having combined freezer and shelf size in a single unit, which avoids the need to buy a separate freezer. The French door segment is anticipated to witness the fastest growth rate of around 9.1% owing to their increasing demand for storing frozen food products. The merchandizers segment is estimated to surpass a market volume of more than 140 thousand units by 2024.
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