By Types (Portable Residential Air Cooler, Portable Commercial Air Cooler, Industrial Air Cooler), By Tank Capacity (Portable Residential Air Cooler (Upto 10 L, 10.1 L – 30 L, Above 30.1 L), Portable Commercial Air Cooler (Upto 30 L, 30.1 L – 50 L, Above 50.1 L), Industrial Air Cooler (Upto 50 L, 50.1 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)
Product Code: ETC180928 | Publication Date: Apr 2022 | Updated Date: Aug 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 79 | No. of Figures: 23 | No. of Tables: 9 | |
Brazil Air Cooler Market registered a decline of -55.17% in value shipments in 2022 as compared to 2021 and an increase of 28.56% CAGR in 2022 over a period of 2017. In Air Cooler Market Brazil is becoming more competitive as the HHI index in 2022 was 7825 while in 2017 it was 9328. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.
Brazil has reportedly relied more on imports to meet its growing demand in Air Cooler Market. India is unable to meet its increasing needs of this product with domestic production hence we see the trend is shifting towards import shipment to meet its demand The import factor of Air Cooler Market in 2022 was 5.32 while in 2017 it was 4.28. China, India, Mexico, Hong Kong and Germany were among the top players of the market in 2022, where China acquired the largest market share of 87.69% with a shipment value of 15.41 million USD in 2022 China also offered the product below the average market price thus having a competitive advantage over others In 2017 China had the largest market share of 96.56% with the shipment value of 8.38 million USD. The country was offering its product with an average price which is lower than the average market price offered in the country. As China price is lower than the average price, it provided a significant edge among other competitor in 2017.
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 6Wresearch, 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
Key Highlights of the Report
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
Table of Content |
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of the Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Brazil Air Cooler Market Overview |
3.1 Brazil Air Cooler Market Revenues and Volume, 2018-2028F |
3.2 Brazil Air Cooler Market - Industry Life Cycle |
3.3 Brazil Air Cooler Market - Porter’s Five Forces |
3.4 Brazil Air Cooler Market Revenue and Volume Share, By Types, 2021 & 2028F |
3.5 Brazil Air Cooler Market Revenue Share, By Regions, 2021 & 2028F |
4. Brazil Air Cooler Market COVID-19 Impact Analysis |
5. Brazil Air Cooler Market Dynamics |
5.1 Impact Analysis |
5.2 Market Drivers |
5.3 Market Restraints |
6. Brazil Air Cooler Market Trends |
7. Brazil Air Cooler Market Overview, By Types |
7.1 Brazil Portable Residential Air Cooler Market Revenues and Volume, 2018-2028F |
7.1.1 Brazil Portable Residential Air Cooler Market Revenue and Volume Share, By Tank Capacity, 2021 & 2028F |
7.1.2 Brazil Portable Residential Air Cooler Market Revenues and Volume, By Upto 6 L Capacity, 2021 & 2028F |
7.1.3 Brazil Portable Residential Air Cooler Market Revenues and Volume, By 6.1 L – 10 L Capacity, 2021 & 2028F |
7.1.4 Brazil Portable Residential Air Cooler Market Revenues and Volume, By 10.1 L – 30 L Capacity, 2021 & 2028F |
7.1.5 Brazil Portable Residential Air Cooler Market Revenues and Volume, By Above 30.1 L Capacity, 2021 & 2028F |
7.2 Brazil Portable Commercial Air Cooler Market Revenues and Volume, 2018-2028F |
7.2.1 Brazil Portable Commercial Air Cooler Market Revenue and Volume Share, By Tank Capacity, 2021 & 2028F |
7.2.2 Brazil Portable Commercial Air Cooler Market Revenues and Volume, By Upto 30 L Capacity, 2021 & 2028F |
7.2.3 Brazil Portable Commercial Air Cooler Market Revenues and Volume, By 30.1 L – 50 L Capacity, 2021 & 2028F |
7.2.4 Brazil Portable Commercial Air Cooler Market Revenues and Volume, By Above 50.1 L Capacity, 2021 & 2028F |
7.3 Brazil Industrial Air Cooler Market Revenues and Volume, 2018-2028F |
7.3.1 Brazil Industrial Air Cooler Market Revenue and Volume Share, By Tank Capacity, 2021 & 2028F |
7.3.2 Brazil Industrial Air Cooler Market Revenues and Volume, By Upto 50 L Capacity, 2021 & 2028F |
7.3.3 Brazil Industrial Air Cooler Market Revenues and Volume, By 50.1 L – 70 L Capacity, 2021 & 2028F |
7.3.4 Brazil Industrial Air Cooler Market Revenues and Volume, By Above 70.1 L Capacity, 2021 & 2028F |
8. Brazil Air Cooler Market Overview, By Applications |
8.1 Brazil Air Cooler Market Revenue Share, By Applications, 2021 & 2028F |
8.2 Brazil Air Cooler Market Revenues, By Residential, 2018-2028F |
8.3 Brazil Air Cooler Market Revenues, By Commercial, 2018-2028F |
9. Brazil Air Cooler Market Overview, By Regions |
9.1 Brazil Air Cooler Market Revenues, By Northern Region, 2018-2028F |
9.2 Brazil Air Cooler Market Revenues, By North-East Region, 2018-2028F |
9.3 Brazil Air Cooler Market Revenues, By Southern Region, 2018-2028F |
9.4 Brazil Air Cooler Market Revenues, By South-East Region, 2018-2028F |
9.5 Brazil Air Cooler Market Revenues, By Central-West Region, 2018-2028F |
10. Brazil Air Cooler Market Key Performance Indicators |
11. Brazil Air Cooler Market Opportunity Assessment |
11.1 Brazil Air Cooler Market Opportunity Assessment, By Types, 2028F |
11.2 Brazil Air Cooler Market Opportunity Assessment, By Regions, 2028F |
12. Brazil Air Cooler Market Competitive Landscape |
12.1 Brazil Air Cooler Market Company Rankings, By Companies, 2021 |
12.2 Brazil Air Cooler Market Competitive Benchmarking, By Technical Parameters |
12.3 Brazil Air Cooler Market Competitive Benchmarking, By Operating Parameters |
13. Company Profiles |
13.1 Midea Carrier |
13.2 Britania Eletrodomesticos |
13.3 Amvox |
13.4 Whirlpool SA |
13.5 Elgin Group |
13.6 Symphony Climatizadores Ltda |
13.8 Mondial Eletrodomesticos |
13.8 Ventisol Indústria e Comércio SA |
13.9 JCS Brasil Eletrodomésticos S.A. |
13.10 Viva Equipamentos |
13.11 Rotoplast Industria de Climatizadores Ltda. |
14. Key Strategic Recommendations |
15. Disclaimer |
List of Figures |
1. Brazil Air Cooler Market Revenues and Volume, 2018-2028F ($ Million, Thousand units) |
2. Brazil Air Cooler Market Revenue Share, By Types, 2021 & 2028F |
3. Brazil Air Cooler Market Volume Share, By Types, 2021 & 2028F |
4. Brazil Air Cooler Market Revenue Share, By Regions, 2021 & 2028F |
5. Total Consumer Spending’s in Brazil, 2021 (BRL Billion) |
6. Total Population of Brazil, 2000-2045F (Million) |
7. Total Urban Population of Brazil, 2000-2045F (Million) |
8. Brazil Portable Residential Air Cooler Market Revenues and Volume, 2018-2028F ($ Million, Units) |
9. Brazil Portable Residential Air Cooler Market Revenue Share, By Tank Capacity, 2021 & 2028F |
10. Brazil Portable Residential Air Cooler Market Volume Share, By Tank Capacity, 2021 & 2028F |
11. Brazil Portable Commercial Air Cooler Market Revenues and Volume, 2018-2028F ($ Million, Units) |
12. Brazil Portable Commercial Air Cooler Market Revenue Share, By Tank Capacity, 2021 & 2028F |
13. Brazil Portable Commercial Air Cooler Market Volume Share, By Tank Capacity, 2021 & 2028F |
14. Brazil Industrial Air Cooler Market Revenues and Volume, 2018-2028F ($ Million, Units) |
15. Brazil Industrial Air Cooler Market Revenue Share, By Tank Capacity, 2021 & 2028F |
16. Brazil Industrial Air Cooler Market Volume Share, By Tank Capacity, 2021 & 2028F |
17. Brazil Air Cooler Market Revenue Share, By Applications, 2021 & 2028F |
18. Brazil Interest Rate Over the Years, 2015-2020 |
19. Brazil Upcoming First Class and Luxury Hotel Projects (No. of Projects), 2021-2024F |
20. City-wise Brazil Upcoming First Class and Luxury Hotel Projects (No. of Projects), from 2021- 2024F |
21. Brazil Air Cooler Market Opportunity Assessment, By Types, 2028F |
22. Brazil Air Cooler Market Opportunity Assessment, By Region, 2028F |
23. Brazil Air Cooler Market Company Revenue Share, By Companies, 2021 |
List of Tables |
1. Brazil Upcoming Residential Skyscraper Projects |
2. Brazil Portable Residential Air Cooler Market Revenues, By Tank Capacity, 2018-2028F ($ Million) |
3. Brazil Portable Residential Air Cooler Market Volume, By Tank Capacity, 2018-2028F (Thousand Units) |
4. Brazil Portable Commercial Air Cooler Market Revenues, By Tank Capacity, 2018-2028F ($ Million) |
5. Brazil Portable Commercial Air Cooler Market Volume, By Tank Capacity, 2018-2028F (Thousand Units) |
6. Brazil Industrial Air Cooler Market Revenues, By Tank Capacity, 2018-2028F ($ Million) |
7. Brazil Industrial Air Cooler Market Volume, By Tank Capacity, 2018-2028F (Thousand Units) |
8. Brazil Air Cooler Market Revenues, By Application, 2018-2028F ($ Million) |
9. Brazil Air Cooler Market Revenues, By Regions, 2018-2028F ($ Million) |