Global air-conditioners market retail unit volume 2015-2024, by region
The global retail volume of air-conditioners is anticipated to grow steadily from 2021 to 2024, mostly due to forecasted steady growth in the Asian market with contributing factors such as large population base, low penetration rate and weather conditions. Although there was a slight drop in retail volume for air-conditioners in 2020 due to the COVID-19 global pandemic, in 2021 the total volume is anticipated to quickly resume previous global levels. By 2024, 147.4 million air conditioning units are projected to be sold at the retail level in Asian markets.