| Product Code: ETC256825 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Thailand import trend for the air heating appliance market experienced a notable decline from 2023 to 2024, with a growth rate of -35.07%. The compound annual growth rate (CAGR) for the period 2020-2024 was -21.1%. This significant downturn could be attributed to shifting consumer preferences, changes in trade policies, or a market contraction following previous growth phases.
The air heating appliance market in Thailand is experiencing growth due to the increasing need for efficient heating solutions in residential and commercial spaces. With the country`s tropical climate, there is a growing demand for air heating appliances during the colder months, particularly in northern regions. Consumers are increasingly looking for energy-efficient and eco-friendly heating options, which has led to the adoption of advanced air heating appliances. Manufacturers are focusing on developing products with improved energy efficiency, safety features, and smart controls to cater to the evolving consumer preferences, contributing to the market`s growth.
The Thailand Air Heating Appliance market is experiencing growth driven by various factors. One of the primary drivers is the need for efficient and cost-effective heating solutions in both residential and commercial settings. Air heating appliances, such as heat pumps and electric heaters, provide convenient and energy-efficient heating options, which are particularly relevant during the colder months. Moreover, government initiatives to promote energy-efficient appliances and reduce carbon emissions are encouraging consumers and businesses to invest in modern air heating appliances. Furthermore, the construction industry`s growth, including residential and commercial projects, is contributing to the increased demand for air heating appliances in Thailand.
Challenges in the air heating appliance market include energy efficiency concerns and environmental regulations. Consumers and businesses are increasingly looking for heating solutions that reduce energy consumption and emissions, posing challenges for manufacturers.
The Air Heating Appliance Market in Thailand faced challenges as the construction and real estate sectors slowed down during the pandemic. With reduced housing projects and commercial construction, demand for heating appliances declined. However, there was a shift towards energy-efficient heating solutions as homeowners spent more time indoors. As the economy recovers, the market is likely to stabilize.
In the Thailand Air Heating Appliance market, several leading players have established themselves as reliable providers of heating solutions. Companies such as Panasonic, a well-known global brand, offer a range of air heating appliances, including electric heaters and heat pumps. Mitsubishi Electric is another prominent player recognized for its energy-efficient air heating systems. These companies have a strong presence in the market, offering innovative and eco-friendly solutions to cater to the diverse heating needs of consumers and businesses in Thailand.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Air Heating Appliance Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Air Heating Appliance Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Air Heating Appliance Market - Industry Life Cycle |
3.4 Thailand Air Heating Appliance Market - Porter's Five Forces |
3.5 Thailand Air Heating Appliance Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Air Heating Appliance Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.7 Thailand Air Heating Appliance Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Thailand Air Heating Appliance Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient heating solutions in Thailand |
4.2.2 Growing urbanization and infrastructure development leading to higher adoption of air heating appliances |
4.2.3 Rising disposable income levels driving consumer spending on comfort and convenience products |
4.3 Market Restraints |
4.3.1 High initial costs associated with purchasing and installing air heating appliances |
4.3.2 Availability of alternative heating solutions such as electric heaters and traditional methods |
4.3.3 Seasonal demand fluctuations impacting sales and revenue for air heating appliance manufacturers |
5 Thailand Air Heating Appliance Market Trends |
6 Thailand Air Heating Appliance Market, By Types |
6.1 Thailand Air Heating Appliance Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Air Heating Appliance Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Air Heating Appliance Market Revenues & Volume, By Space Heating Appliance, 2021-2031F |
6.1.4 Thailand Air Heating Appliance Market Revenues & Volume, By Water Heating Appliance, 2021-2031F |
6.2 Thailand Air Heating Appliance Market, By Fuel Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand Air Heating Appliance Market Revenues & Volume, By Gas Powered Heating Appliance, 2021-2031F |
6.2.3 Thailand Air Heating Appliance Market Revenues & Volume, By Oil Powered Heating Appliance, 2021-2031F |
6.2.4 Thailand Air Heating Appliance Market Revenues & Volume, By Electricity Powered Heating Appliance, 2021-2031F |
6.2.5 Thailand Air Heating Appliance Market Revenues & Volume, By Solar Energy Powered Heating Appliance, 2021-2031F |
6.3 Thailand Air Heating Appliance Market, By End-user |
6.3.1 Overview and Analysis |
6.3.2 Thailand Air Heating Appliance Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Thailand Air Heating Appliance Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.4 Thailand Air Heating Appliance Market Revenues & Volume, By Industrial, 2021-2031F |
7 Thailand Air Heating Appliance Market Import-Export Trade Statistics |
7.1 Thailand Air Heating Appliance Market Export to Major Countries |
7.2 Thailand Air Heating Appliance Market Imports from Major Countries |
8 Thailand Air Heating Appliance Market Key Performance Indicators |
8.1 Energy efficiency rating of air heating appliances |
8.2 Number of new residential and commercial construction projects in Thailand |
8.3 Consumer sentiment towards spending on home comfort and convenience products |
9 Thailand Air Heating Appliance Market - Opportunity Assessment |
9.1 Thailand Air Heating Appliance Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Air Heating Appliance Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.3 Thailand Air Heating Appliance Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Thailand Air Heating Appliance Market - Competitive Landscape |
10.1 Thailand Air Heating Appliance Market Revenue Share, By Companies, 2024 |
10.2 Thailand Air Heating Appliance Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |