Air conditioners experienced significant growth in Japan in 2025, with a 6% increase in retail volume and a 9% growth in retail value at current prices, driven by the extremely hot summers in 2024 and 2025 and increasing demand for energy-efficient products due to rising electricity costs. This trend is expected to continue, with the market forecast to grow at a current value CAGR of 3% over the forecast period to JPY1,499 billion by 2030. The market is characterised by a high penetration rate,

Air conditioners in Singapore demonstrated resilience in 2025, with a retail volume of 232,000 units, representing 2% growth from the previous year. This growth was driven by stricter minimum energy performance standards and increasing consumer preference for energy-efficient air conditioners. With 81% household possession for the dominant split format, sales are being driven by upgrade or replacement sales. The emphasis on sustainability and energy efficiency is expected to continue driving dem

Air conditioners in Saudi Arabia demonstrated robust growth in 2025, driven by increasing demand for energy-efficient and smart products. Retail volume sales reached 2.2 million units, representing 5% growth from the previous year. This growth was attributed to a combination of factors, including regulatory enforcement, economic recovery, and evolving consumer expectations. Air conditioners is expected to continue growing in the forecast period, with a volume CAGR of 1% to 2.3 million units by 2

Air conditioners in Canada experienced low growth in 2025, driven by rising utility costs and extreme summer temperatures, particularly in provinces like Ontario, Quebec, and British Columbia. Despite economic uncertainty, demand remained strong for replacement cycles and rental-friendly units. The trend towards sustainability and energy efficiency significantly impacted value sales growth, with manufacturers launching energy-efficient models. As the urban population continues to grow, reaching

Air conditioners in the UK experienced volume and value growth in 2025, driven by increasing consumer awareness of climate change and the need for cooling solutions during heatwaves. With a median disposable income per household of over GBP50,000 and an inflation rate of 3%, economic conditions also supported consumer spending on appliances like air conditioners. Sales are expected to continue growing, with the possession of air conditioners in UK households projected to rise from 9% in 2025 to

Air conditioners in Mexico experienced a decline in volume sales in 2025, primarily due to unusually rainy weather conditions, but is expected to record an 8% CAGR over the forecast period, driven by increasing urbanisation and a rising demand for energy-efficient and multifunctional products. With a median disposable income per household forecast of around MXN689,000 in 2030 and an urban population projected to reach 110 million, the long-term potential of air conditioners remains strong. Consu

Air conditioners in China delivered steady volume growth in 2025, driven by strong domestic demand and a shift towards premium comfort and intelligent health features, alongside the adoption of AI-powered technology. The median disposable income per household continued to rise, indicating that growing consumer purchasing power contributed to growth. A declining volume CAGR is anticipated over the forecast period to 2030. As the possession of air conditioners among households was approaching 100%

Air conditioners in Brazil demonstrated solid retail volume and value growth in 2025, driven by higher temperatures and intense price competition among major players. In addition, with a higher median disposable income per household, the demand for air conditioners continued to increase. The possession of air conditioners among Brazilian households stood at 32% in 2025 and is forecast to increase to 41% by 2030, indicating growing penetration and a further rise in sales. This growth can be attri

Air conditioners in Australia experienced sluggish volume sales in 2025, with a decline of 1% compared to the previous year but saw a rise in value sales by 3% to AUD1.3 billion, driven by consumers increasingly prioritising energy efficiency and premium features. This trend is expected to continue over the forecast period with a marginal retail volume decline but rising value sales. The market is concentrated, with top players like Daikin Industries and Mitsubishi Electric Australia leading thr

The US air conditioners market is seeing significant growth in 2025, with a 2% increase in retail volume sales to 11.2 million units and an 8% rise in retail value to USD4.9 billion, driven by rising temperatures and competitive pricing strategies. Split air conditioners is leading volume growth, driven by the products’ efficiency and flexibility. Despite economic uncertainty, demand remains strong. EPA regulations from 2025 are pushing a shift toward low-GWP refrigerants, while consumers favour