Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Personal Fans Market by Type (Desk Fans, Hand Held Fans), By Application (On-line, Off-line) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Personal Fans Market by Type (Desk Fans, Hand Held Fans), By Application (On-line, Off-line) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 206011 3300 Consumer Goods 377 234 Pages 5 (42)
                                          

Market Overview:


The global personal fans market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for desk fans and hand held fans across the globe. Additionally, the growing awareness about health and hygiene is also propelling the demand for personal fans in various applications such as on-line and off-line retail stores. Regionally, North America dominates the global personal fans market followed by Europe, Asia Pacific, Latin America and Middle East & Africa respectively. The dominance of these regions can be attributed to factors such as rising disposable income levels, growing consumer awareness about latest technologies and increasing adoption of advanced cooling solutions among consumers in these regions.


Global Personal Fans Industry Outlook


Product Definition:


A personal fan is a small, handheld electric fan that people use to cool themselves down. They are often used in hot weather or in places where there is a lot of heat and humidity, such as summertime festivals.


Desk Fans:


Desk fans are small-sized portable or fixed air circulators with blades that create a strong airflow. They are mainly used for cooling off computers, LCD monitors, and other electronic devices. The product is gaining popularity owing to its ability to move more air as compared to personal fans and it's compact size.


Hand Held Fans:


Handheld fans are small and portable, they are designed to cool you down during hot summer. These products have blades or blowers that move air around instead of a motor. The basic design has remained the same for thousands of years; however, improvements in materials and technology have led to the development of more efficient products with better features at a reasonable price point.


Application Insights:


The on-line application segment held the largest share of over 60.0% in 2017. Rising use of personal fans by individuals for gaming, social networking and online shopping is expected to drive the demand for these products globally. Furthermore, increasing number of cyber cafes and gaming centers across countries such as China, Japan, Singapore and Malaysia is anticipated to further fuel the product demand in Asia Pacific region during the forecast period.


Offline applications include commercial spaces such as offices, educational institutes and government offices where consumers prefer purchasing large capacity fans due to high air conditioning costs or usage of large capacity HVAC systems are not feasible economically or technically speaking offline applications require a lot more energy than on-line counterparts which will have an adverse impact on market growth over next few years especially considering rising environmental concerns among consumers globally regarding energy consumption patterns.


Regional Analysis:


North America dominated the global personal fans market in 2017. The U.S., as a developed economy, has a high penetration of air conditioning in both commercial and residential sectors owing to which consumers are spending more on cooling products including personal fans. Moreover, increasing working hours and online shopping have increased the need for convenient cooling solutions such as portable devices that consume less energy and generate less noise thus promoting the adoption of desk-top fans among users across various industries such as IT & telecom, banking etc.


Asia Pacific is expected to be one of the fastest growing markets over the forecast period owing to rising disposable income especially among middle-class income groups resulting into higher demand for premium quality products with advanced features at affordable prices thus promoting product adoption across various application segments such as corporate, education institutes, malls etc.


Growth Factors:


  • Increasing urbanization: The global population is increasingly moving to cities, where personal fans are in high demand for cooling purposes.
  • Rising income levels: As incomes rise around the world, consumers have more disposable income to spend on personal fans. This is especially true in developing countries where air conditioning is not as common or affordable.
  • Growing awareness of health and wellness: Consumers are becoming more aware of the health benefits of using personal fans, such as improved air circulation and reduced exposure to allergens and pollutants.
  • Advances in technology: Personal fan designs are constantly evolving, with new features such as Bluetooth connectivity and voice control becoming increasingly popular. This allows consumers to customize their fan experience according to their needs and preferences.

Scope Of The Report

Report Attributes

Report Details

Report Title

Personal Fans Market Research Report

By Type

Desk Fans, Hand Held Fans

By Application

On-line, Off-line

By Companies

VersionTECH., BT21, EasyAcc, YIHUNION, WIILII, Wavetown, MIHOON, BicycleStore, Funme, HoveBeaty, GoTravel2, Benks, Vila, Bluelans, Afco

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

234

Number of Tables & Figures

164

Customization Available

Yes, the report can be customized as per your need.


Global Personal Fans Market Report Segments:

The global Personal Fans market is segmented on the basis of:

Types

Desk Fans, Hand Held Fans

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

On-line, Off-line

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:

  1. VersionTECH.
  2. BT21
  3. EasyAcc
  4. YIHUNION
  5. WIILII
  6. Wavetown
  7. MIHOON
  8. BicycleStore
  9. Funme
  10. HoveBeaty
  11. GoTravel2
  12. Benks
  13. Vila
  14. Bluelans
  15. Afco

Global Personal Fans Market Overview


Highlights of The Personal Fans Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Desk Fans
    2. Hand Held Fans
  1. By Application:

    1. On-line
    2. Off-line
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Personal 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

Global Personal Fans Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Personal fans are devices that help people breathe more easily. They come in a variety of shapes and sizes, and can be attached to the back of a chair or bed, or worn like a necklace.

Some of the major companies in the personal fans market are VersionTECH., BT21, EasyAcc, YIHUNION, WIILII, Wavetown, MIHOON, BicycleStore, Funme, HoveBeaty, GoTravel2, Benks, Vila, Bluelans, Afco.

The personal fans market is expected to grow at a compound annual growth rate of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Personal Fans Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Personal Fans Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Personal Fans Market - Supply Chain
   4.5. Global Personal Fans Market Forecast
      4.5.1. Personal Fans Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Personal Fans Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Personal Fans Market Absolute $ Opportunity

5. Global Personal Fans Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Personal Fans Market Size and Volume Forecast by Type
      5.3.1. Desk Fans
      5.3.2. Hand Held Fans
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Personal Fans Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Personal Fans Market Size and Volume Forecast by Application
      6.3.1. On-line
      6.3.2. Off-line
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Personal Fans Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Personal Fans Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Personal Fans Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Personal Fans Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Personal Fans Demand Share Forecast, 2019-2026

9. North America Personal Fans Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Personal Fans Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Personal Fans Market Size and Volume Forecast by Application
      9.4.1. On-line
      9.4.2. Off-line
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Personal Fans Market Size and Volume Forecast by Type
      9.7.1. Desk Fans
      9.7.2. Hand Held Fans
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Personal Fans Demand Share Forecast, 2019-2026

10. Latin America Personal Fans Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Personal Fans Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Personal Fans Market Size and Volume Forecast by Application
      10.4.1. On-line
      10.4.2. Off-line
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Personal Fans Market Size and Volume Forecast by Type
      10.7.1. Desk Fans
      10.7.2. Hand Held Fans
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Personal Fans Demand Share Forecast, 2019-2026

11. Europe Personal Fans Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Personal Fans Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Personal Fans Market Size and Volume Forecast by Application
      11.4.1. On-line
      11.4.2. Off-line
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Personal Fans Market Size and Volume Forecast by Type
      11.7.1. Desk Fans
      11.7.2. Hand Held Fans
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. B Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Personal Fans Demand Share, 2019-2026

12. Asia Pacific Personal Fans Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Personal Fans Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Personal Fans Market Size and Volume Forecast by Application
      12.4.1. On-line
      12.4.2. Off-line
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Personal Fans Market Size and Volume Forecast by Type
      12.7.1. Desk Fans
      12.7.2. Hand Held Fans
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Personal Fans Demand Share, 2019-2026

13. Middle East & Africa Personal Fans Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Personal Fans Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Personal Fans Market Size and Volume Forecast by Application
      13.4.1. On-line
      13.4.2. Off-line
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Personal Fans Market Size and Volume Forecast by Type
      13.7.1. Desk Fans
      13.7.2. Hand Held Fans
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Personal Fans Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Personal Fans Market: Market Share Analysis
   14.2. Personal Fans Distributors and Customers
   14.3. Personal Fans Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. VersionTECH.
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. BT21
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. EasyAcc
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. YIHUNION
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. WIILII
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Wavetown
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. MIHOON
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. BicycleStore
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Funme
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. HoveBeaty
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. GoTravel2
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Benks
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Vila
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Bluelans
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Afco
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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