World Air Conditioner Market – 2021 Update - Vietnam

The ideal weather boosted the air conditioner market, which started normally in early April. In Vietnam, the pandemic exerted a relatively small impact. The government took moderate curtailment measures against the pandemic at the beginning of April, but the measures were lifted in the middle of the same month, and economic activity resumed. RAC sales increased steadily as it became hot in May. Sales increased in June as well. As a result, it is estimated that the Vietnamese RAC market in the first half of 2020 maintained the same scale as in 2019. Over the whole year, market demand for RAC dropped by 8.0%  to 1.58 million units.