Evaporative Cooler Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033

Evaporative Cooler Market Outlooks

An evaporative cooler, also known as a swamp cooler, is a device that cools air through the evaporation of water. It works by drawing warm air through water-saturated pads, where the evaporation process cools the air before being circulated into the surrounding space. Unlike air conditioners, which use refrigerants and require more energy, evaporative coolers are energy-efficient and environmentally friendly. They are particularly effective in dry, arid climates where humidity levels are low, as they rely on the natural process of water evaporation to lower temperatures.

Evaporative coolers are cooling tools applied for use in households, businesses, and industries. It is popularly mounted in buildings and houses, offices, warehouses, and outdoor structures like patios to serve as a cost-effective replacement for the regular air conditioning unit. It has gained wide popularity especially when high electricity cost charges apply to that area. Being environmentally friendly with a minimum ecological footprint and very energy-friendly makes evaporative coolers become increasingly popular among green coolers.

Growth Drivers in the Evaporative Cooler Market

Increasing Demand for Energy-Efficient Cooling Solutions

Growing energy costs and rising environmental consciousness create a significant demand for greener and cost-effective cooling systems. Evaporative coolers consume less energy compared to other conventional air-conditioning systems and therefore are the perfect energy-efficient cooling solution for many consumers, who are conscious about their environment. The low operating cost makes them increasingly attractive for residential and commercial applications, especially in regions with hot, dry climates.  September 2024, The cooling market in developing economies is projected to grow from about USD 300 billion to over USD 600 billion annually by 2050, according to a UNEP-led report. The report "Cooler Finance" reveals that developing economies, which account for two-thirds of global cooling emissions, are expected to double their cooling demand by 2050 due to population growth, economic expansion, and urbanization.

Rising Temperatures Due to Global Warming

Climate change is causing more extreme heatwaves and hotter summers, increasing the demand for cooling solutions. They are relatively inexpensive ways to keep indoor environments comfortable in areas where temperatures usually exceed comfort ranges. With increasing temperatures, especially in the dry regions, evaporative coolers are likely to gain high market share since they are seen as less energy-consuming compared to air-conditioning machines. NASA's Goddard Institute for Space Studies reports that the average global temperature has risen by at least 1.1°C (1.9°F) since 1880, with most of the increase occurring since 1975 at a rate of about 0.15 to 0.20°C per decade. In 2024 was recorded as the warmest year since 1850.

Growing Awareness of Environmental Sustainability

There is growing awareness of the environmental impact of traditional cooling systems, such as air conditioning, which contribute to higher carbon emissions. Evaporative coolers are more eco-friendly because they use water and natural air circulation, requiring less electricity and reducing carbon footprints. Governments and businesses support adopting environmentally sustainable cooling technologies, creating an environment that will enable the growth of the evaporative cooler market. Dec 2024, The United Nations Environment Assembly (UNEA) wrapped up with nations agreeing to 15 resolutions designed to protect the planet. The commitments include the reduction of pollution from chemicals, desertification, safeguarding oceans, and management of freshwater.

Difficulties in Evaporative Cooler Market

Evaporative Coolers are less effective in humid climate conditions

It struggles very much in damp environments, primarily because it proves to be little effective in climates with high humid situations. Evaporative coolers are most responsive under dry, extremely arid areas where evaporation can significantly drive down temperatures; however, due to the large amount of dampness in water-saturated airs, the humidity effect is nearly negligible in cases of high moistures, affecting the widespread reception of evaporative coolers throughout such regions as well.

Maintenance and Water Quality Issues

The evaporative coolers must be serviced from time to time to maintain efficient operation. This includes cleaning or replacing the water pads at scheduled intervals to avoid bacterial growth, mold, and algae formation. Water quality should also be monitored since poor water quality may result in mineral formation in the system, thereby making the cooler less effective. High maintenance costs in regions with poor water quality can also scare away some consumers.

Direct Evaporative Cooler Market

Direct evaporative coolers are emerging in the market because they can be used as simple and efficient methods of cooling for dry environments. They cool the air by passing through water-saturated pads, where direct cool moist air is introduced into the environment. These systems are energy efficient, environmentally friendly, and do not require more maintenance than any other air-conditioning system. With their capacity to lower indoor temperatures without consuming more power, direct evaporative coolers are increasingly becoming popular, especially in residential and small commercial areas of arid regions.

Two-Stage Evaporative Cooler Market

The two-stage evaporative cooler market is growing with this technology, which offers greater efficiency and more effective cooling in a variety of settings. For coolers with two-stage cooling, after the initial indirect evaporative process cools air, further significant cooling takes place through the medium of indirect evaporative processes, thus minimizing temperatures. With excellent performance and use in hot-wet as well as hot dry climates, their ability to be used over an advanced range of operating conditions makes them popular to be adopted within advance demand for coolings.

Residential Evaporative Cooler Market

The residential evaporative cooler market is growing at a rapid pace since consumers are opting for affordable and environment-friendly cooling systems for their homes. Evaporative coolers consume less energy, incur lower costs, and are considered an eco-friendly alternative to air conditioning systems. These coolers are highly used in hot and dry climatic regions where it provides adequate cooling with minimal energy usage. Moreover, as homebuyers and renters give more importance to green, sustainable living options, the demand for residential evaporative coolers increases.

Commercial Evaporative Cooler Market

The commercial evaporative cooler market is gaining pace as businesses continue to look for ways to cut operational costs without letting the comfort quotient drop. The evaporative coolers have an added advantage in commercial offices, warehouses, and retail premises, where there is a focus on saving costs by cutting the electricity bill for cooling purposes compared to air-conditioned units. More and more businesses are investing in evaporative coolers for reduction of carbon footprint and greener practices with growing environmental sustainability awareness.

Big-box retailers Evaporative Cooler Market

Big-box retailers increasingly adopt evaporative coolers to control temperature in large retail spaces. These coolers offer an energy-efficient and cost-effective cooling solution for large commercial environments, as they reduce the need for high-energy air conditioning systems. Evaporative coolers are finding more acceptance by retailers who would want to lower operational costs while also reducing the footprint of the operation on the environment. Additionally, as more and more consumers take care of the planet, retailers incorporate this in their business model, creating further demand for evaporative coolers in big-box retail spaces.

United States Evaporative Cooler Market

The evaporative cooler market is witnessing growth in the United States, particularly in dry climates, such as the Southwest. Increasing temperatures and environmental pressures call for increasingly sustainable cooling alternatives, so more and more people opt for evaporative coolers instead of traditional air conditioning. Evaporative coolers consume less energy and thus reduce electricity bills while cooling indoor spaces. Government incentives, and the already growing emphasis on energy efficiency, drive demand for these coolers, and complement the growth of this market in the U.S. Industrial cooling electricity consumption is expected to increase from 36.7 quadrillion BTU in 2018 to more than 51 quadrillion BTU by 2050, making it a pressing need to cut the costs while reducing the strain of such power infrastructure.

France Evaporative Cooler Market

Evaporative coolers in France are witnessing growth due to awareness regarding the rising momentum of energy efficiency and environmental sustainability. Although the climate is more temperate than other parts of the world, evaporative coolers can be sought during hot summer months for cooling. That being said, promotions through the government to encourage energy-efficient appliances and consumer interest have been propelling the market. With the increasing demand for eco-friendly alternatives, evaporative coolers are gaining popularity in residential and commercial sectors across France.

India Evaporative Cooler Market

The evaporative cooler market is growing rapidly in India due to its hot and dry climate. Consumers are opting for evaporative coolers as an affordable and energy-efficient alternative to air conditioning with the increase in electricity prices and environmental concerns. This appliance is extremely popular in the hot regions of India, particularly Rajasthan, Gujarat, and Maharashtra, because of extreme summers. Rising demand for middle class as well as consciousness towards sustainable and green technology may lead to continuous growth of demand for evaporative coolers across residential and small commercial segments. April 2023, Voltas offers features like 4-side cooling, Eco cool mode, Turbo air throw, and Honeycomb cooling pads, along with a motor with thermal control and a smart humidity controller.

Saudi Arabia Evaporative Cooler Market

The evaporative cooler market in Saudi Arabia is on the rise because consumers and businesses are looking for cost-effective and energy-efficient cooling solutions. Evaporative coolers are ideal for the hot, arid climate of the country, as they can provide enough cooling with less electricity consumption. As part of Saudi Arabia's Vision 2030, there is a focus on energy efficiency and sustainability, which has led to the increased adoption of eco-friendly technologies such as evaporative coolers. The coolers are gaining popularity in residential, commercial, and industrial sectors as a reliable alternative to traditional air conditioning systems in the country.

Evaporative Cooler Market Segments

Type of Cooling

1. Direct Evaporative
2. Indirect Evaporative
3. Two-stage Evaporative

Application

1. Residential
2. Commercial
3. Industrial
4. Confinement Farming
5. Others

Distribution Channel

1. Big-box Retailers
2. HVAC Contractors and Distributors
3. Others

Countries – Market breakup in 25 Countries:

North America

1. United States
2. Canada

Europe

1. France
2. Germany
3. Italy
4. Spain
5. United Kingdom
6. Belgium
7. Netherlands
8. Turkey

Asia Pacific

1. China
2. Japan
3. India
4. Australia
5. South Korea
6. Thailand
7. Malaysia
8. Indonesia
9. New Zealand

Latin America

1. Brazil
2. Mexico
3. Argentina

Middle East & Africa

1. South Africa
2. Saudi Arabia
3. UAE

All the Key players have been covered from 4 Viewpoints:

• Overview
• Key Persons
• Recent Development & Strategies
• Financial Insights

Key Company Covered

1. Honeywell International Inc.
2. Munters Group
3. Phoenix Manufacturing Inc.
4. Bonaire Heating & Cooling
5. Celsius Design Limited
6. Colt Group Limited
7. Condair Group AG

Report Details: