Air Conditioners - Nepal
Nepal- In 2024, the revenue in the Air Conditioners market in Nepal amounts to NPR US$62.29m.
- It is projected that the market will experience an annual growth rate of 4.98% (CAGR 2024-2029).
- When compared globally, the highest revenue is generated China, reaching NPR US$16bn in 2024.
- In terms of household revenue, in Nepal is expected to generate NPR US$10.02 per household in 2024.
- Looking ahead, it is estimated that the volume in the Air Conditioners market will reach 206.9k pieces units by 2029.
- Additionally, there is an anticipated volume growth of 3.3% in 2025.0.
- Lastly, the average volume per household in the Air Conditioners market is projected to be 0.03pieces units in 2024.
- Nepal's air conditioner market is experiencing steady growth due to increasing urbanization and rising temperatures in major cities like Kathmandu.
- Key regions:
- Indonesia,
- India,
- Japan,
- China,
- Worldwide
Definition: The category of air conditioners includes single-piece air conditioners, such as window air conditioners and split air conditioners, which are installed in a location and provide both cooling and heating functionality. This market excludes portable air conditioning units that are typically designed for temporary or mobile applications, as well as commercial air conditioners and heaters.
Additional Information: The market comprises key performance indicators such as revenues, volume, price per unit, and average revenue and volume per household.
Note that the volume sales only refer to B2C (business to consumer) sales, via both the offline and the online channel. The average revenue and volume per household are determined by dividing the revenues and volume by the number of households, where a household refers to a house and its occupants, regarded as a unit. Finally, price per unit refers to the cost of a single unit of the product.
For more information on the displayed data, please use the info button right next to the boxes.
In-Scope
- Window air conditioners such as Voltas 3 Star Window AC, Carrier 1.5 Ton 3 Star Window AC etc
- Split-air conditioners such as Haier 1.5 Ton 3 Star Split System AC, Whirlpool 1.5 Ton 3 Star, Flexicool Inverter Split AC etc
Out-Of-Scope
- Commercial air conditioners
- Portable air conditioners
- Heaters
- Centralized air conditioners
- Coolers
