BSH targets doubling India market share in washing machines, refrigerators in 2024
BSH Home Appliances aims to lift washing machine share from 6% to 12% and double refrigerator share, pushing Bosch and Siemens into top-load, semi-automatic and side-by-side four-door categories. Built-in cooking already commands 55% share. A 5-7% price hike is planned amid 40% washer and 50% fridge volume growth.
What happened
BSH Home Appliances targets doubling market share in washing machines (6% to 12%) and refrigerators in India this year, expanding into top-load, semi-automatic
Key facts
- 6% to 12% washing machine share
- 14% front-load share
- 2% refrigerator share
- 40% washing machine growth
- 50% refrigerator volume jump
- 55% built-in cooking share
- 5-7% price hike
- 80% Bosch revenue share
Why this matters
BSH's aggressive share-doubling ambition in top-load, semi-automatic, and side-by-side four-door categories opens M&A and partnership windows in adjacent appliance niches where Bosch/Siemens lack scale.
Also reported by
- The Hindu BusinessLine — 47h after first sighting