Global Portable Air Conditioner Market Size By Type (Small Room, Medium Room, and Large Room), By Distribution Channel (Supermarket and Hypermarket, Specialty Store, Department Store, E-Commerce and Others), By Application (Residential and Commercial), By Geographic Scope And Forecast
Report Highlights
Portable Air Conditioner Market Insights
Portable Air Conditioner Market was valued at USD 682.91 Million in 2020 and is projected to reach USD 956.49 Million by 2028, growing at a CAGR of 4.30% from 2021 to 2028.
The Portable Air Conditioner Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market are outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Portable Air Conditioner Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.
Global Portable Air Conditioner Market Overview
The rise in disposable income acts as a primary growth driver in the Global Portable Air Conditioner Market. According to world bank data, the GDP per capita of India has increased from 2005.863 rupees in 2018 to 2099.599 rupees in 2019. A rise in disposable incomes, especially in developing economies like India and China elevates the standards of living, which makes these luxury items affordable in many households.
This report provides an all-inclusive environment for the analysis of the Portable Air Conditioner Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews, and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political, and economic factors along with the current market dynamics affecting the Portable Air Conditioner Market growth.
Along with the market overview, which comprises the market dynamics the chapter includes Porter’s Five Forces analysis which explains the five forces: namely buyers’ bargaining power, suppliers’ bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the Portable Air Conditioner Market. It explains the various participants, such as system integrators, intermediaries, and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Portable Air Conditioner Market.
Report Synopsis
| Report Metrics | Details |
| Base year considered | 2020 |
| Forecast period considered | 2021-2028 |
| Base year market size | 682.91 $ Million |
| Market size forecast | 956.49 $ Million |
| Growth rate | 4.3% |
| Units considered | $ Million |
| Segments covered | Type, Distribution Channel, Application, And Geography. |
| Industry covered | Consumer Goods |
| Companies studied |
|
Global Portable Air Conditioner Market: Segmentation Analysis
The Global Portable Air Conditioner Market is segmented on the basis of Type, Distribution Channel, Application, And Geography.
Key Players In Portable Air Conditioner Market
The Global Portable Air Conditioner Market study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Daikin Industries Ltd., Olimpia Splendid S.p.A, Whirlpool Corp., Lloyd Electric & Engineering Limited, LG Electronics Inc., Haier lnc., Midea Group, AB Electrolux, United CoolAir Corporation, Blue Star Limited, among others.
Verified Market Research has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. It has large database which includes the latest content from renowned authors and publications worldwide. It also provides customized Data and Reports according to the need of the client.