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.
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:
- VersionTECH.
- BT21
- EasyAcc
- YIHUNION
- WIILII
- Wavetown
- MIHOON
- BicycleStore
- Funme
- HoveBeaty
- GoTravel2
- Benks
- Vila
- Bluelans
- Afco
Highlights of The Personal 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:
- Desk Fans
- Hand Held Fans
- By Application:
- On-line
- Off-line
- 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 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
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?
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