- In October 2024, Daewoo, a well-known Korean brand with operations in 110 countries, announced its plan to introduce over 100 consumer appliance products in India. This expansion aims to cater to the increasing demand among nuclear families and dual-income households
- In August 2024, Samsung launched four new front-load washing machines in India, designed to meet local consumer preferences and enhanced with AI technology. These models, including WW12DB8B54G, WW12DB7B24G, WW12DG6B24A, and WW12DG6B24A, feature customizable options and smart functionalities, aligning with the company's strategy to expand its lineup ahead of the festive season
- In June 2024, LG Electronics introduced its 2024 range of microwave ovens in India, comprising nine new models. The lineup includes seven from the Scan to Cook series and two from the premium Objet series, integrating ThinQ connectivity to enhance convenience, health benefits, and taste
- In February 2024, Panasonic unveiled its latest lineup of air conditioners for 2024 in India, featuring advanced room ACs equipped with Matter technology for improved smart home integration
- In January 2024, Bosch Home Appliances introduced a new range of countertop Fully Automatic Espresso Machines, earning recognition as a CES 2024 Innovation Award Honoree in the smart home category
Frequently Asked Questions
Companies such as Friedr. Dick GmbH and Co. KG (Germany), GLOBAL APPLIANCES (U.S.), KAI USA LTD (U.S.), Kiya corp. (Japan), Fantasia Trading LLC (China), and SAMSUNG (South Korea) are the major companies in the white goods market.
In August 2024, Samsung launched four new front-load washing machines in India, designed to meet local consumer preferences and enhanced with AI technology. In June 2024, LG Electronics introduced its 2024 range of microwave ovens in India, comprising nine new models.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
