AC sales soar amid heatwave - The demand for air conditioners has increased 25 per cent year-on-year
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| CLOCKSET |
Demand for air conditioners (ACs) has increased significantly as people rushed to retailers for respite from the ongoing heat wave sweeping across In one way, this also gave some relief to electronic the country. home appliance retailers as sales had been dull.
According to Bangladesh Meteorological Department, Dhaka recorded a maximum temperature of 40.4 degrees Celsius on Saturday, the hottest day in 58 years.
The last time capital saw such temperatures was in 1965, when 42 degrees Celsius was recorded. It felt even hotter for the low humidity in the air. According to market insiders, the demand for ACs has increased by 20 per cent to 25 per cent this year compared to that in the same period of last year.
On the number of ACs being sold, reliable data is hard to come by. Industry people estimate that at least 500,000 units meant for homes would be sold this year. It was around 400,000 last year. On an average, Tk 5,000 crore worth of ACs are sold for residential and commercial purposes every year.
The months of April, May and June are the peak season for sales of ACs as temperatures start to rise from March. Nearly 90 per cent of a year's sales come about during this period.
"During the last 10 days, the sales of ACs increased as a heatwave is sweeping across the country, including Dhaka," said Nurul Afser, deputy managing director of Electro Mart Limited (EML).
He said the sales this time increased by around 25 per cent year-on-year.
He claimed that the EML held at least a 60 per cent market share when it came to locally manufactured ACs for providing "quality products at reasonable prices".
"We maintain 100 per cent compliance with our assurance of aftersales services to satisfy customers. Consumers accept GREE ACS due to their reasonable price and quality of service," he said.
- The DailyStar
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