Handheld Fans Market By Type (Rechargeable, Non-Rechargeable), By Application (Commercial, Residential), By Distribution Channels (Supermarket, Retail Stores, Online Stores, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global handheld fans market size was valued at $407.7 million in 2021 and is expected to reach $734.8 million by 2031, registering a CAGR of 6.1% from 2022 to 2031.
A fan is used to circulate air within a space. It is often made of wood, plastic, or metal and consists of a rotating arrangement of vanes or blades that impact the air. A revolving blade and hub assembly is referred to as an impeller, rotor, or runner. It is typically housed in a case or other type of housing to improve safety. The fans are mostly powered by electric motors, though they can also be powered by hydraulic motors, manual cranks, and internal combustion engines. A handheld fan is a small, corded, or battery-operated fan that can be carried easily from one location to another while still being held in one hand. There are many players in the handheld fans market such as Arctic gmbh, D-fantix, easyacc, Halfords limited, and others.
The global handheld fans market has been witnessing lucrative opportunities, owing to rise in demand for portable devices and increase in trend for bladeless handheld fans. The inclination of consumers toward portable devices drives the growth of the global handheld fans market. Moreover, manufacturers are creating new and improved products, in the market for handheld fans. One example is the development of bladeless handheld fans.
The Asia-Pacific handheld fans market held a major share in 2021 and is projected to grow during the forecast period. The dominance of the region was driven by the existence of significant portable fan manufacturers and a hot climate. The need for handheld fans in the Asia-Pacific region is anticipated to increase as handheld fans are used majorly in households, offices, and other companies. Furthermore, the elevated trends for outdoor activities globally increase the growth of the handheld fans market during the forecast period. However, several aspects, such as less battery life and non- durability of the fans are projected to hamper the growth of the global handheld fans market during the forecast period.
The handheld fans market is segmented on the basis of type, application, and region. On the basis of type, the market is classified into rechargeable and non-rechargeable. On the basis of application, the market is categorized into commercial and residential. On the basis of region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the market focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. They have been also focusing on strengthening their market reach to maintain their goodwill in the ever-competitive market. Some of the key players in the handheld fans market include Arctic Gmbh, D-Fantix, Easyacc, Firefly Electric And Lighting Corporation, Francfranc Corporation, H2 Brands Group Corporate, Halfords Limited, Harkin Global Solutions Pvt., Ltd., Honeywell International Inc., John Lewis Partnership Plc., L10 Brand, Life On Products, Inc., Lifemax Limited, Newell Brands Inc., Nimya ( Kianda B.V.), O2cool (Maurice Sporting Goods Of Delaware, Inc.), Shenzhen Jisu Technology Co., Ltd. (Jisulife), Shenzhen Yashang Electronics Co., Ltd., Skygenius Ltd., Xiaomi Corporation.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the handheld fans market analysis from 2021 to 2031 to identify the prevailing handheld fans market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the handheld fans market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global handheld fans market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Application
Commercial
Residential
By Distribution Channels
Supermarket
Retail Stores
Online Stores
Others
By Type
Rechargeable
Non-Rechargeable
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Rest Of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest Of Asia-Pacific
LAMEA
Brazil
Turkey
South Africa
UAE
Rest Of LAMEA
Key Market Players
ARCTIC GmbH
D-FantiX
EasyAcc
Firefly Electric And Lighting Corporation
Francfranc Corporation
H2 Brands Group Corporate
Halfords Limited
Harkin Global Solutions Pvt., Ltd.
Honeywell International Inc.
John Lewis Partnership Plc.
L10 Brand
Life On Products, Inc
Lifemax Limited
Newell Brands Inc.
O2Cool (Maurice Sporting Goods of Delaware, Inc.)
Shenzhen Yashang Electronics Co., Ltd
SkyGenius Ltd.
Xiaomi Corporation
Nimya ( Kianda B.V.)
Shenzhen Jisu Technology Co., Ltd. (Jisulife)
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