India Wine Cooler and Chest Freezer Market: Changing Lifestyle and Consumption Pattern of Consumers Drives Growth
Some of the main players in the India wine cooler and chest freezer market are AB Electrolux, Haier lnc, Kieis Ltd., Elan Professional Appliances Pvt. Ltd, Westinghouse Electric Corporation, Rockwell Industries Ltd., The Middleby Corporation, Western Refrigeration Private Limited, Whirlpool of India Limited, and Williams Refrigeration. Such companies are known to have leveraged strategic partnerships, joint ventures, and carefully-considered mergers and acquisitions to diversify their product portfolios, increase their customer base across geographies, and thus expand their market shares. India is one of the key markets for wine cooler and chest freezer in Southeast Asia. A report by Transparency Market Research forecasts the market in India to expand at 4.9% CAGR during the period between 2017 and 2025. Rising at this rate, the report expects the market to attain a value of US$ 197.8 mn by 2025 from US$ 127.5 mn in 2016. Economic Development in South India makes it Top Mark...