Cooling products see mixed demand in June quarter

Demand for summer-centric products remained uneven during the June quarter, as weather-related disruptions and higher prices weighed on the air-conditioner market, while categories linked to refreshment, hydration and impulse consumption continued to benefit from seasonal demand.

According to industry experts, air-conditioner sales slowed in June amid unseasonal weather and inflationary pressures, while beverages, ice cream and dairy products continued to register healthy growth, driven by immediate consumption and affordability.

Godrej Enterprises Group Business Head and EVP (Appliances Business) Kamal Nandi said demand across cooling categories has been mixed.  “Refrigerator is doing very well, and demand is high both for mass and premium segments. Washing machine demand is also picking up as we are entering the monsoon season,” Nandi told PTI.