Press release
Australia Heating and Cooling Appliances Market Outlook (2022-2028) | Report, Size, Share & 6wresearch
According to 6Wresearch, Australia Heating & Cooling Appliances Market size is projected to grow at a CAGR of 9.7% during 2022-2028. The market is expected to register robust growth in the forthcoming years owing to growing housing demand, rising consumer spending and increasing urban population of Australia. For instance, the housing need in Australia is expected to reach 1.7 million households by 2025 from 1.3 million households in 2017.
Residential fans acquired the largest revenue share in 2021 in Australia heating & cooling appliances market owing to the fact that most parts of Australia experience warm weather conditions along with increasing residential sector in the country due to low interest rates, fiscal incentives such as HomeBuilder, and first homebuyer incentives and stimulus provided by Australian government.
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Market by Portable Air Conditioners Analysis
By tonnage, more than 1.0 ton portable air conditioners have captured 40.5 % of the market revenue in 2021.
Key Highlights of the Report
Australia Heating & Cooling Appliances Market Overview
Australia Heating & Cooling Appliances Market Outlook
Market Trends
Market Drivers and Restraints
Impact Analysis of COVID-19
Australia Heating & Cooling Appliances Market Forecast
Competitive Benchmarking
Company Profiles
Key Strategic Recommendations
Australia Heating & Cooling Appliances Market Revenue Share/Ranking, By Companies
Historical Data and Forecast of Australia Heating & Cooling Appliances Market Revenues and Volume, By Portable Air Purifiers, for the Period 2018- 2028F
Historical Data and Forecast of Australia Heating & Cooling Appliances Market Revenues and Volume, By Portable Heaters, for the Period 2018- 2028F
Historical Data and Forecast of Australia Heating & Cooling Appliances Market Revenues and Volume, By Portable Air Conditioners, for the Period 2018- 2028F
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