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Global demand for thermometers is forecast to expand 7.5% p.a. between 2016 and 2020. Currently, liquid-filled thermometers account for 5.6% of the global demand while other thermometers have a 94.4% market share.

Bangladesh, China, Cyprus, Portugal and the United States are considered the highest potential markets in the coming years. China, France, Germany, the United Kingdom and the United States represent the largest thermometer markets while the strongest annual growth is forecast to occur in Cyprus (17.6%), Portugal (17.3%), Bangladesh (14.5%), the United States (11.8%) and Belgium (10.5%).

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