New Market Study, "Refrigeration Appliances in Indonesia", Has Been Published
After experiencing slower growth in 2012, refrigeration appliances returned to gain considerably high volume growth in 2013. Development of property markets, especially small housings and apartments, drove new purchases, not only for urban consumers but also those in rural areas. In addition, with more products manufactured locally in Indonesia, the price became more affordable and competitive. This resulted in faster replacement periods and encouraged urban households to have more than one...
View full press release