Product Code: ETC4444465 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India refrigeration coolers market import shipment depicted a robust expansion from 2020 to 2024, with a significant CAGR of 48.7%. Notably, the growth rate surged by 182.6% between 2023 and 2024, indicating accelerating momentum and a strong upward trend in market demand.
The India Refrigeration Coolers Market plays a pivotal role in the country`s food supply chain, pharmaceuticals, and cold storage industry. With the increasing need for refrigeration solutions to store and transport temperature-sensitive goods, the market has been expanding. Energy-efficient and eco-friendly cooling solutions are gaining traction, in line with global environmental concerns. Refrigeration coolers are vital for maintaining the integrity of various products in a tropical climate like India, and the market is set to see continuous growth.
The India Refrigeration Coolers market is growing due to the increased demand for efficient cooling and refrigeration solutions in various sectors, including food storage, pharmaceuticals, and logistics. As the India economy continues to expand, the need for reliable and energy-efficient refrigeration systems is on the rise, making this market a crucial driver for several industries.
Challenges in the refrigeration coolers market include the need for energy-efficient and environmentally friendly cooling solutions, managing temperature control for diverse applications, and addressing refrigerant-related regulations.
The COVID-19 pandemic affected the refrigeration coolers market in India as lockdowns and supply chain disruptions hampered manufacturing and distribution. Despite the initial setbacks, the market rebounded as consumers prioritized home cooking and food preservation. Demand for refrigeration appliances increased, driven by a rise in home-based food storage and meal preparation, resulting in the market showing signs of recovery.
Leading companies in the refrigeration coolers market in India include Blue Star Limited, Voltas Limited, and Godrej Appliances, among others.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Refrigeration Coolers Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Refrigeration Coolers Market Revenues & Volume, 2021 & 2031F |
3.3 India Refrigeration Coolers Market - Industry Life Cycle |
3.4 India Refrigeration Coolers Market - Porter's Five Forces |
3.5 India Refrigeration Coolers Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 India Refrigeration Coolers Market Revenues & Volume Share, By Refrigerant , 2021 & 2031F |
3.7 India Refrigeration Coolers Market Revenues & Volume Share, By Applications , 2021 & 2031F |
4 India Refrigeration Coolers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient refrigeration coolers in India |
4.2.2 Growing food and beverage industry in India |
4.2.3 Rising disposable income leading to higher spending on consumer appliances |
4.3 Market Restraints |
4.3.1 High initial investment cost for energy-efficient refrigeration coolers |
4.3.2 Lack of awareness about the benefits of energy-efficient refrigeration coolers in India |
4.3.3 Challenges in the supply chain and logistics infrastructure in the country |
5 India Refrigeration Coolers Market Trends |
6 India Refrigeration Coolers Market, By Types |
6.1 India Refrigeration Coolers Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 India Refrigeration Coolers Market Revenues & Volume, By Component , 2021-2031F |
6.1.3 India Refrigeration Coolers Market Revenues & Volume, By Evaporators , 2021-2031F |
6.1.4 India Refrigeration Coolers Market Revenues & Volume, By Air Coolers, 2021-2031F |
6.1.5 India Refrigeration Coolers Market Revenues & Volume, By Condensers, 2021-2031F |
6.2 India Refrigeration Coolers Market, By Refrigerant |
6.2.1 Overview and Analysis |
6.2.2 India Refrigeration Coolers Market Revenues & Volume, By HFC/HFO, 2021-2031F |
6.2.3 India Refrigeration Coolers Market Revenues & Volume, By NH3, 2021-2031F |
6.2.4 India Refrigeration Coolers Market Revenues & Volume, By CO2, 2021-2031F |
6.2.5 India Refrigeration Coolers Market Revenues & Volume, By Glycol, 2021-2031F |
6.2.6 India Refrigeration Coolers Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Refrigeration Coolers Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 India Refrigeration Coolers Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.3 India Refrigeration Coolers Market Revenues & Volume, By Industrial, 2021-2031F |
7 India Refrigeration Coolers Market Import-Export Trade Statistics |
7.1 India Refrigeration Coolers Market Export to Major Countries |
7.2 India Refrigeration Coolers Market Imports from Major Countries |
8 India Refrigeration Coolers Market Key Performance Indicators |
8.1 Energy efficiency rating improvements in refrigeration coolers |
8.2 Adoption rate of energy-efficient refrigeration coolers in the market |
8.3 Percentage of households using refrigeration coolers with advanced features |
8.4 Growth in the number of retail outlets offering energy-efficient refrigeration coolers |
8.5 Rate of government initiatives promoting energy-efficient appliances in India |
9 India Refrigeration Coolers Market - Opportunity Assessment |
9.1 India Refrigeration Coolers Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 India Refrigeration Coolers Market Opportunity Assessment, By Refrigerant , 2021 & 2031F |
9.3 India Refrigeration Coolers Market Opportunity Assessment, By Applications , 2021 & 2031F |
10 India Refrigeration Coolers Market - Competitive Landscape |
10.1 India Refrigeration Coolers Market Revenue Share, By Companies, 2024 |
10.2 India Refrigeration Coolers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |