Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
The India home appliances market size attained a value of USD 82.17 Billion in 2025. The market is expected to grow at a CAGR of 5.70% during the forecast period of 2026-2035. By 2035, the market is expected to reach USD 143.04 Billion.
Surging rate of smart appliance adoption is benefiting the India home appliances market share. Consumers are preferring appliances that can be controlled remotely while learning user habits and optimizing energy usage. In February 2025, Samsung launched its Bespoke AI refrigerator series to offer smart cooling with AI energy mode, Wi-Fi control, and personalized user settings. Smart air conditioners, washing machines with auto-dosing, and voice-activated kitchen devices have grown popular, especially amongst urban millennials. This shift is reflecting the rising tech-savviness and lifestyle expectations in income segments.
Energy efficiency and eco-consciousness are reshaping the India home appliances market dynamics by aligning consumer priorities with environmental and economic sustainability. In August 2023, Samsung became India’s first brand with a 5Star BEE side by side fridge, saving 444 kWh/year and cutting 359 kg CO₂. Government-led programs are also reinforcing these efforts via awareness campaigns by incentivizing the adoption of high-efficiency appliances.
The rising Ewaste pressure is complimenting the market revenue by driving companies to rethink product design, pricing, and compliance strategies. As per industry reports, India produced 1.7 million metric tons of e-waste in 2023-24. The government is also introducing mandatory minimum recycling rates for appliances, setting firms on edge. As a result, manufacturers are innovating to create eco-friendly designs, increase product lifespans, adopt modular components, and formalize recycling partnerships for reducing end-of-life costs, maintaining margins, and meeting regulatory expectations.
Base Year
Historical Period
Forecast Period
As per industry reports, about 50% of households own a microwave oven and 33% of Indian households own a refrigerator.
The market is expected to see a 20-35% increase in sales of refrigerators and air conditioners this summer, driven by hotter than usual weather predicted across the country.
Godrej Appliances is expecting a 20% growth in sales of air conditioners, and it announced an additional investment of around INR 800 crore in expanding its manufacturing capabilities, aiming to close the current fiscal year with a revenue of INR 8,500 crore.
Key players in the India home appliances market are employing several key strategies to stay competitive and capture market share in a rapidly evolving landscape. With product innovation, firms are focusing on energy efficiency, smart technology integration, and IoT-enabled appliances to appeal to tech-savvy and environmentally conscious consumers. Brands are also emphasizing localization, tailoring products to Indian usage patterns and preferences, such as high durability washing machines for hard water or refrigerators suited for frequent power cuts.
Pricing strategies are critical, with companies offering a wide product range across premium, mid-range, and budget segments. Omnichannel presence is another focus area, blending strong offline retail networks with digital channels and e-commerce platforms for broader reach. To strengthen customer loyalty and increase after-sales value, many brands are investing in robust service networks and offer extended warranties. Strategic partnerships, such as tie-ups with fintech firms for easy financing and EMI options are also helping to tap into aspirational demand from middle-income households.
Samsung Electronics Co., Ltd.
Founded in 1969, Samsung Electronics is headquartered in Suwon, South Korea and offers a vast range of home appliances, including washing machines, refrigerators, air conditioners, microwaves, and smart home solutions. Known for innovation, Samsung integrates advanced technologies like AI and IoT into its consumer electronics products.
Whirlpool Corporation
Whirlpool Corporation, founded in 1911 and headquartered in Benton Harbor, the United States, manufactures and markets home appliances, such as washing machines, refrigerators, dishwashers, ovens, and air purifiers. Whirlpool operates globally and focuses on energy efficiency, user-centric design, and sustainability in its product development.
LG Electronics Inc.
LG Electronics, founded in 1958 and headquartered in Seoul, South Korea, offers a broad portfolio of home appliances, including refrigerators, washing machines, air conditioners, vacuum cleaners, and kitchen appliances. LG is recognized for incorporating smart technology and energy-saving features across its product lines.
Voltas Limited
Voltas Limited, a part of the Tata Group, was formed in 1954 with its headquarters in Mumbai, India. The company specializes in air conditioning and cooling solutions, including residential and commercial ACs, air coolers, and refrigerators. Voltas also engages in engineering solutions for infrastructure and international projects.
Other players in the India home appliances market are Koninklijke Philips N.V., Electrolux AB, Hitachi Ltd., Panasonic Holdings Corporation, Robert Bosch GmBH, Haier Group Corporation, and Havells India Limited, among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
In 2025, the market reached an approximate value of USD 82.17 Billion.
The market is projected to grow at a CAGR of 5.70% between 2026 and 2035.
The market for home appliances in India is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach USD 143.04 Billion by 2035.
Key strategies driving the market include product innovation, smart technology integration, competitive pricing, and robust after-sales service. Companies focus on rural penetration, localized product features, and omnichannel retailing. Strategic partnerships and financing options also boost accessibility, while sustainability and energy efficiency attract eco-conscious consumers.
Key trends aiding the market expansion include the increasing demand for energy efficient appliances and growing demand for connected home appliances with increasing internet penetration.
North India, East and Central India, West India, and South India are the significant Indian markets for home appliances.
Based on type, the market is segmented into major appliances and small appliances.
Home appliances are devices that aid in completion of various household activities such as cleaning, cooking, and storing food, among others, in an efficient and time saving manner.
The key players in the market report include Samsung Electronics Co. Ltd., Whirlpool Corporation, LG Electronics Inc., Voltas Limited, Koninklijke Philips N.V., Electrolux AB, Hitachi Ltd., Panasonic Holdings Corporation, Robert Bosch GmBH, Haier Group Corporation, and Havells India Limited, among others.
The rising disposable income, expansion of the electrical and electronics sector, and the increasing penetration of smart technology support the market for home appliances.
High competition, economic uncertainty, high sensitivity to price changes, and supply chain disruptions are the key challenges faced by the industry.
The major appliances segment dominates the India home appliances market due to higher demand in both urban and semi-urban areas, with the presence of leading brands.
Datasheet
One User
USD 2,499
USD 2,249
tax inclusive*
Single User License
One User
USD 3,999
USD 3,599
tax inclusive*
Five User License
Five User
USD 4,999
USD 4,249
tax inclusive*
Corporate License
Unlimited Users
USD 5,999
USD 5,099
tax inclusive*
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Small Business Bundle
Growth Bundle
Enterprise Bundle
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124