Asia-Pacific air conditioning market is forecast to grow at a significant growth rate at a CAGR of 4.4% during the forecast period. Some of the major factors which are providing a significant market to the region are increasing urbanization, adverse climate change, and increasing disposable income in the emerging economies. Most of the countries in […]
Category Archives: Consumer Goods
North American air conditioning market is forecast to grow at a CAGR of 3.1% during the forecast period. Major factors augmenting the market is high urbanization, high adoption of AC in the US, high disposable income are among the major factors driving the market. Another major driving factor in the substantial growth of the AC […]
Japan air conditioning market is estimated to grow at a CAGR of 2.7% during the forecast period. Japanese AC market includes five major growing industries which are residential, healthcare, commercial, industrial, and transportation. There is a huge scope in the country for air conditioning products as rapidly changing technology such as portable AC with energy-saving […]
India’s Split Air Conditioning market is estimated to augment at a significant growth rate during the forecast period. Hot climatic conditions, increasing average temperature of the atmosphere, rising urbanization, expanding the middle-class population, and increasing per capita disposable income are some of the major factors that are contributing to the market growth. Due to this, […]
India air conditioning market is forecast to grow at one of the highest CAGR of 6.8% during the forecast period. Hot climatic conditions, increasing urbanization, expanding the middle-class population, and increasing per capita disposable income are some of the major factors that are contributing to the market growth. The air conditioning market accounts for around […]
The global split air conditioning market is forecast to grow at a CAGR of 4% during the forecast period. Split AC comprises of an indoor and an outdoor unit that is connected by a refrigerant piping. There are variations of split-type ACs available in the market. These are inverter split AC, no-inverter split conditioners, and […]
The global luggage & travel bags market is anticipated to grow at a CAGR of around 6.4% during the forecast period (2021-2027). The global luggage & travel bags market growth is driven by the increasing travel and tourism industry in major economies globally, rising demand for premium and quality products by consumers, and new product […]
The global digital pen market is anticipated to grow at a considerable CAGR of 9.8% during the forecast period (2021-2027). The digital pen is a device that allows users to capture handwritten data and draw digitally with various devices such as PC, smartphones, and tablets. Currently, each industry is focusing to digitize in different sectors, like banking […]
The global modular chillers market is anticipated to grow at a considerable CAGR of 6.5% during the forecast period (2021-2027). The speeding up of the use of energy-efficient systems is one of the prime factors driving the market. The demand associated with energy-efficient systems had been increased due to the consumption of electricity in an efficient manner […]
The global mini washing machine market is anticipated to grow significantly at a CAGR of 3.5% over the forecast period (2021-2027). The usage of the mini washing machine has been growing in the commercial sector, significantly, due to the rise in the small business sector. For instance, in November 2021, as per data from the MSME Ministry, […]