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1.7.2 Pakistan
Pakistan’s air conditioner demand in 2013 increased by 24% from the previous year to around 930,000 units. Pakistan has a population of 180 million, ranking it sixth worldwide, and has enjoyed ...
1.7 Indian Subcontinent: 1.7.1 India
Despite its huge potential, the Indian air conditioner market did not expand in line with predictions in 2013 due to the depreciation of the Indian rupee and unseasonable weather. However, strong basi...
1.6.7 Myanmar
Myanmar shares a border with China and has been greatly influenced by the country. Trade between the two neighbors has been rising sharply in recent years. Myanmar’s RAC market had a scale of only 200,000 units in 2013. With its economy posting solid growth, however, the market has future potential. As with many other countries, Myanmar’s market is dominated by cost competitive produ...
1.6.6 The Philippines
The Philippine market is characterized by stable development with little fluctuation. Influenced by the U.S. air conditioner culture and home to an expanding middle class, the local market holds huge ...
1.6.5 Vietnam
Vietnam has a large youth population and a hot climate, creating ideal conditions for air conditioner market expansion. The air conditioner market in Vietnam reached 850,000units in 2013, marking 25% ...
1.6.4 Singapore
Singapore’s air conditioner market size is estimated at about 158,000 units in 2013, a 5.3% up from the previous year. RAC market size is estimated at about 127,000 units in 2013. PAC market size is e...
1.6.3 Malaysia
Malaysia is a very stable market. The country’s air conditioner market scale is estimated at 0.9 million units in 2013, up 5% from 2012. Both the RAC and PAC segments posted 3.8% growth from the previ...
1.6.2 Thailand
Thanks to higher temperatures, air conditioner sales in Thailand went strong in the first half of 2013. In the second half of the year, however, the sales was slowing down owing to the economic stagna...
1.6.1 Indonesia
Although Indonesia has experienced drastic currency fluctuations, its economic growth remains robust. Driven by solid economic expansion, Indonesia’s air conditioner market in 2013 grew 9.2% over the ...
1.6 Southeast Asia
Southeast Asia has seen rapid economic growth in recent years with higher per capita income and an expanding middle class. Emerging markets in Southeast Asia serve as strong momentum for growth in the...
