Brazil Air Cooler Market report comprehensively covers the market by types, tank capacity, applications, and regions. The market report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Brazil Air Cooler Market Synopsis
Brazil Air Cooler Market grew significantly before 2020 on account of increasing population and growing residential sector in the country. Further, the market saw a sudden increase in the sale of air coolers in 2020 due to the global pandemic which resulted in implementation of various restriction on movement leaving no other option for the customers than to stay at home, augmenting the demand for air coolers in the country. Moreover, the rising government infrastructure spending underpinned by initiatives such as “Minha Casa Minha Vida housing program” coupled with rising FDI, and private sector investments would drive the air cooler market in Brazil. The spread of the COVID-19 pandemic has resulted in slowdown of the overall economy but acted as a major growth driver for the air cooler market. However, the market saw a bit correction in 2021 but is expected to grow significantly over the coming years.
According to the publisher, Brazil Air Cooler Market size is projected to grow at a revenue CAGR of 5.5% during 2022-2028. With the rising middle-class population, rising heat wave, growing work from home culture, better availability of electricity in villages and a comparative price edge of the air coolers over the air conditioners, the air cooler market is expected to propel in the future. Based on types, the portable residential air cooler segment has garnered the major market revenue and volume share in Brazil’s air cooler market owing to its prevalent usage in residential properties like homes which requires cooling is relatively less as compared to large commercial places.
Market by Region Analysis
Based on regions, the south-east region led the market in 2021, based on the changing weather conditions and the simple lifestyle. It is also expected to demonstrate significant growth over the coming years owing to a large number of upcoming infrastructure and residential construction projects in the region. Additionally, the rising hotel chains, entertainment areas, warehouse infrastructure development and increasing economic activities would further propel the demand for air coolers in Brazil.
Market by Types Analysis
Amongst the Types, the residential portable air cooler segment witnessed the maximum market revenue and volume share in 2021. However, industrial air cooler segment would witness the maximum growth in the forecasted time frame and is expected to grow with a revenue CAGR of 7.2%, followed by the portable residential air cooler segment.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2018 to 2021.
- Base Year: 2021
- Forecast Data until 2028.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report
- Brazil Air Cooler Market Overview
- Brazil Air Cooler Market Outlook
- Brazil Air Cooler Market Forecast
- Brazil Air Cooler Market Growth
- Historical Data and Forecast of Brazil Air Cooler Market Revenues and Volume for the Period 2018-2028F
- Historical Data and Forecast of Brazil Air Cooler Market Revenues and Volume, By Types for the Period 2018-2028F
- Historical Data and Forecast of Brazil Air Cooler Market Revenues and Volume, By Tank Capacity for the Period 2018-2028F
- Historical Data and Forecast of Brazil Air Cooler Market Revenues, By Applications for the Period 2018-2028F
- Historical Data and Forecast of Brazil Air Cooler Market Revenues, By Regions for the Period 2018-2028F
- Market Drivers and Restraints
- Market Forecast
- Industry Life Cycle
- Brazil Air Cooler Market - Porter’s Five Forces
- Market Opportunity Assessment
- Company Shares
- Market Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
By Types
- Portable Residential Air Cooler
- Portable Commercial Air Cooler
- Industrial Air Cooler
By Tank Capacity
Portable Residential Air Cooler
- Upto 10 L
- 1 L - 30 L
- Above 30.1 L
Portable Commercial Air Cooler
- Upto 30 L
- 1 L - 50 L
- Above 50.1 L
Industrial Air Cooler
- Upto 50 L
- 1 L - 70 L
- Above 70.1 L
By Applications
- Residential
- Commercial
By Regions
- Northern Region
- North-East Region
- South-East Region
- Southern Region
- Central-West Region
Table of Contents
1. Executive Summary
Samples
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Companies Mentioned
- Midea Carrier
- Britania Eletrodomesticos
- Amvox
- Whirlpool SA
- Elgin Group
- Symphony Climatizadores Ltda
- Mondial Eletrodomesticos
- Ventisol Indústria e Comércio SA
- JCS Brasil Eletrodomésticos S.A.
- Viva Equipamentos
- Rotoplast Industria de Climatizadores Ltda.