Report : Middle East and Africa HVAC Air Ducts Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Sheet Metal Ducts, Flexible Non-Metallic Ducts, Fiberglass Duct Boards, and Others) and Application (Commercial, Residential, and Industrial)
Sheet Metal Ducts Segment to Dominate Middle East & Africa HVAC Air Ducts Market During 2019–2028
According to a new market research study on “Middle East & Africa HVAC Air Ducts Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Product Type and Application,” is expected to reach US$ 1,167.51 million by 2028 from US$ 941.80 million in 2021. The market is estimated to grow at a CAGR of 3.1% from 2021 to 2028. Increasing adoption of green building technology is the major factor driving the growth of the Middle East & Africa HVAC air ducts market. However, intense competition from ductless HVAC systems for residential segment hinder the growth of Middle East & Africa HVAC air ducts market. The report provides trends prevailing in the Middle East & Africa HVAC air ducts market along with the drivers and restraints pertaining to the market growth.
The UAE, Morocco, Saudi Arabia, Kuwait, and Egypt are some of the key countries that faced the economic ill effects of COVID-19 pandemic in the Middle East & Africa in 2020. In the Middle East & Africa, industries such as healthcare, retail and food & beverages, along with many small and medium-sized enterprises (SMEs), faced difficulties in running their businesses. With disruptions in the global supply chain, many airlines had to face enormous economic losses. Being a crucial part of the hospitality industry since last many years, the UAE had to face tough times as the hotel occupancy rate dropped down to 20% and room rates were at AED 500. The same hotel occupancy rate during the previous year was at 85% and room rates stood at around AED 1,000. Thus, the sale of HVAC air ducts needed at various resorts and hotels were reduced to notable extent. As per the decision made by Bureau International des Expositions (BIE), Dubai expo 2020 got postponed by 1 year due to the COVID-19 pandemic.
The Middle East & Africa HVAC air ducts market is segmented on the basis of product type, application, and country. The market, based on product type, is segmented into sheet metal ducts, flexible non-metallic ducts, fiberglass duct boards, and others. The sheet metal ducts segment dominated the Middle East & Africa HVAC air ducts market in 2020 and flexible non-metallic ducts segment is expected to be fastest growing during forecast period. On the basis of application, the market is segmented into industrial, commercial, and residential. The residential segment dominated the Middle East & Africa HVAC air ducts market in 2020 and commercial segment is expected to be fastest growing during forecast period. Based on country, the market is segmented into the South Africa, Saudi Arabia, UAE, and rest of Middle East & Africa. In 2020, UAE held the largest share Middle East & Africa HVAC air ducts market.
DuctSox; Lindab; and Waves Aircon Pvt. Ltd. are among the leading companies in the Middle East & Africa HVAC air ducts market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, DuctSox, a well-recognized manufacturer of air dispersion systems and fabric ductwork produced fabric ductwork systems which can be utilized for medical tents during the pandemic of COVID-19.
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