Global air-conditioners market retail value 2015-2024, by region
The global retail value of the air-conditioners market 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 value for air-conditioners in 2020 due to the COVID-19 global pandemic, in 2021 the total value is anticipated to quickly reach previous levels again. In 2024, the retail sales value of air conditioners in Asian markets is forecast to reach 75.5 billion U.S. dollars.
