Some of the Latest Home Appliances That We Can Buy In This Summer
FY20 was challenging for both the domestic appliances and electronics market. However, the quick resumption of economic activities and consumer demand ensured significant recovery of the market. Recent market research revealed that the household appliances market is expected to achieve total revenue of US$ 1,534m in 2021, with an annual growth rate of nearly 8.62%. Looking at the statistics, it is fair to say that the launch of home-grown brands and the established ones with reasonable price range played a significant role in this rapid improvement. Amidst the exponential growth in the home appliance segment, consumers have easy access to the latest technologically equipped products. Considering the unforgiving nature of Indian summer, appliances with cooling technology like air coolers, refrigerators, air conditioners are some must-haves. Also, with renowned brands lowering the prices and introducing new models in the budget-friendly segment, from premium LG refrigerator to...