Asia-Pacific Water Heater Market to Hit $7 Billion by 2026, Says Global Market Insights, Inc.


Source: newswire.com newswire.com

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Asia-Pacific Water Heater Industry is poised to register more than a 4.5% CAGR between 2020 and 2026, propelled by growing urbanization, coupled with increasing consumer awareness toward the use of water heaters. Press Release - updated: Nov 16, 2020 20:45 EST SELBYVILLE, Del., November 16, 2020 (Newswire.com) - Asia-Pacific's water heater market share is set to cross USD 7 billion by 2026, as reported in the latest study by Global Market Insights, Inc. Key factors, including energy savings, availability in multiple capacities, combined with a longer lifespan and minimal maintenance, will influence the industry landscape. Increasing standards of living, growing...