Market Overview:
The global hand fans market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising disposable income, growing demand for luxury products, and increasing awareness about the benefits of using hand fans. Based on type, the global hand fans market is segmented into silk, nylon, and others. Silk-based hand fans are expected to account for a major share of the global market due to their high quality and durability. Nylon-based hand fans are also anticipated to witness significant growth during the forecast period owing to their low cost and lightweight properties. Based on application, the globalhand fanmarket is segmented into jewelry shops, supermarkets/hypermarkets, lifestyle stores (including boutiques), and others (including hospitals/clinics).
Product Definition:
A hand fan is a device used to cool the user in hot weather. It consists of a thin, flat piece of cloth or paper mounted on a wooden or metal frame, with slits or holes in it for airflow. Hand fans can be homemade or bought commercially.
Silk:
silk is a natural material which has many valuable properties. It can be woven into various fabrics and used to make several products such as clothing, curtains, bags and even medical devices. Silk fibers are also capable of being spun into silk yarns and woven into textiles for making clothes, bedding and household items among others.
Nylon:
Nylon is a polymer and it's mainly derived from the carbon compounds of crude oil. The chemical formula for nylon is (polyamide) 2,6-naphthalene diisocyanate. Nylon was first manufactured in 1935 as a synthetic fiber and its usage was limited to engineering applications due to high cost compared to its alternatives such as rubber and silk.
Application Insights:
The global hand fans market is segmented by application into jewelry shop, supermarket, lifestyle store and others. The jewelry shop segment held the largest share in 2017 owing to the rising demand for rings and bracelets among all age groups. Jewelry shops are also one of the prominent end-use industries of hand fans as they provide a cool breeze on hot summer days or when it gets too warm inside a store.
The supermarket segment is expected to grow at a significant rate over the forecast period due to its wide application across various departments such as bakery & confectionery, frozen foods, dairy products and convenience stores among others. Convenience stores are another prominent end-user industry where consumers go for quick cooling relief during hot summer months or while waiting in line outside banks or ATMs during peak hours.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing demand for hand fans from countries such as the U.S., Canada, and Mexico due to rising temperature and humidity levels caused by tropical storms and hurricanes in North America.
Growth Factors:
- Increasing disposable income of the population: The disposable income of the population is increasing, which is resulting in an increase in demand for hand fans.
- Urbanization: The growth of urbanization is leading to an increase in the number of people who are exposed to high temperatures and humidity, which is resulting in an increase in demand for hand fans.
- Rising awareness about the benefits of using hand fans: There is a growing awareness among people about the benefits of using hand fans, such as keeping cool and preventing heat stroke. This is leading to an increase in demand for hand fans.
- Technological advancements: There has been a significant advancement in technology over the past few years, which has resulted in better and more efficient hand fan designs being developed. This is contributing to increased demand forhand fans . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Hand Fans Market Research Report
By Type
Silk, Nylon, Others
By Application
Jewelry Shop, Supermarket, Lifestyle Store, Others
By Companies
ForeverWeddingFavors, Bexi Apparel, Bond (Fuzhou) Import And Export, Hand-Fan-Factory, Salutto, ForeverWeddingFavors
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Hand Fans Market Report Segments:
The global Hand Fans market is segmented on the basis of:
Types
Silk, Nylon, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Jewelry Shop, Supermarket, Lifestyle Store, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ForeverWeddingFavors
- Bexi Apparel
- Bond (Fuzhou) Import And Export
- Hand-Fan-Factory
- Salutto
- ForeverWeddingFavors
Highlights of The Hand Fans Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Silk
- Nylon
- Others
- By Application:
- Jewelry Shop
- Supermarket
- Lifestyle Store
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hand Fans Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hand fans are a type of fan that is typically handheld and used to cool the user's hands.
Some of the key players operating in the hand fans market are ForeverWeddingFavors, Bexi Apparel, Bond (Fuzhou) Import And Export, Hand-Fan-Factory, Salutto, ForeverWeddingFavors.
The hand fans market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hand Fans Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hand Fans Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hand Fans Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hand Fans Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hand Fans Market Size & Forecast, 2018-2028
4.5.1 Hand Fans Market Size and Y-o-Y Growth
4.5.2 Hand Fans Market Absolute $ Opportunity
Chapter 5 Global Hand Fans Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hand Fans Market Size Forecast by Type
5.2.1 Silk
5.2.2 Nylon
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hand Fans Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hand Fans Market Size Forecast by Applications
6.2.1 Jewelry Shop
6.2.2 Supermarket
6.2.3 Lifestyle Store
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hand Fans Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hand Fans Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hand Fans Analysis and Forecast
9.1 Introduction
9.2 North America Hand Fans Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hand Fans Market Size Forecast by Type
9.6.1 Silk
9.6.2 Nylon
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hand Fans Market Size Forecast by Applications
9.10.1 Jewelry Shop
9.10.2 Supermarket
9.10.3 Lifestyle Store
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hand Fans Analysis and Forecast
10.1 Introduction
10.2 Europe Hand Fans Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hand Fans Market Size Forecast by Type
10.6.1 Silk
10.6.2 Nylon
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hand Fans Market Size Forecast by Applications
10.10.1 Jewelry Shop
10.10.2 Supermarket
10.10.3 Lifestyle Store
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hand Fans Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hand Fans Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hand Fans Market Size Forecast by Type
11.6.1 Silk
11.6.2 Nylon
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hand Fans Market Size Forecast by Applications
11.10.1 Jewelry Shop
11.10.2 Supermarket
11.10.3 Lifestyle Store
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hand Fans Analysis and Forecast
12.1 Introduction
12.2 Latin America Hand Fans Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hand Fans Market Size Forecast by Type
12.6.1 Silk
12.6.2 Nylon
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hand Fans Market Size Forecast by Applications
12.10.1 Jewelry Shop
12.10.2 Supermarket
12.10.3 Lifestyle Store
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hand Fans Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hand Fans Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hand Fans Market Size Forecast by Type
13.6.1 Silk
13.6.2 Nylon
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hand Fans Market Size Forecast by Applications
13.10.1 Jewelry Shop
13.10.2 Supermarket
13.10.3 Lifestyle Store
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hand Fans Market: Competitive Dashboard
14.2 Global Hand Fans Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ForeverWeddingFavors
14.3.2 Bexi Apparel
14.3.3 Bond (Fuzhou) Import And Export
14.3.4 Hand-Fan-Factory
14.3.5 Salutto
14.3.6 ForeverWeddingFavors
