India Air Coolers Market to Grow with a CAGR of 9.04% During the Forecast Period
Increasing disposable income and demand for energy efficient products to fuel the growth of the air coolers market across the country through 2028. According to TechSci Research report, “ India Air Coolers Market –Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F” The India air cooler market is forecast to grow at an impressive CAGR of around 9.04% in the forecast period due to rapidly surging demand from the consumer durables industry. The market's growth is stimulated by rising temperatures, increasing urbanization, and rising disposable income. The demand for air coolers in the projected period will likely register sustainable growth due to the increasing population and global warming. Over the years, air coolers have been an essential component of consumer durables in Indian households. With the rising awareness among customers, they seek "value options" that balance the characteristics of price, quality, convenience, consistency, a