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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Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
3.7. Value Chain Analysis
3.8. Pricing Analysis
CHAPTER 4: HANDHELD FANS MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Rechargeable
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Non-Rechargeable
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
CHAPTER 5: HANDHELD FANS MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Commercial
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Residential
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
CHAPTER 6: HANDHELD FANS MARKET, BY DISTRIBUTION CHANNELS
6.1 Overview
6.1.1 Market size and forecast
6.2 Supermarket
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Retail Stores
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 Online Stores
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
6.5 Others
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market analysis by country
CHAPTER 7: HANDHELD FANS MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Type
7.2.3 North America Market size and forecast, by Application
7.2.4 North America Market size and forecast, by Distribution Channels
7.2.5 North America Market size and forecast, by country
7.2.5.1 U. S.
7.2.5.1.1 Market size and forecast, by Type
7.2.5.1.2 Market size and forecast, by Application
7.2.5.1.3 Market size and forecast, by Distribution Channels
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Type
7.2.5.2.2 Market size and forecast, by Application
7.2.5.2.3 Market size and forecast, by Distribution Channels
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Type
7.2.5.3.2 Market size and forecast, by Application
7.2.5.3.3 Market size and forecast, by Distribution Channels
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Type
7.3.3 Europe Market size and forecast, by Application
7.3.4 Europe Market size and forecast, by Distribution Channels
7.3.5 Europe Market size and forecast, by country
7.3.5.1 Germany
7.3.5.1.1 Market size and forecast, by Type
7.3.5.1.2 Market size and forecast, by Application
7.3.5.1.3 Market size and forecast, by Distribution Channels
7.3.5.2 UK
7.3.5.2.1 Market size and forecast, by Type
7.3.5.2.2 Market size and forecast, by Application
7.3.5.2.3 Market size and forecast, by Distribution Channels
7.3.5.3 France
7.3.5.3.1 Market size and forecast, by Type
7.3.5.3.2 Market size and forecast, by Application
7.3.5.3.3 Market size and forecast, by Distribution Channels
7.3.5.4 Italy
7.3.5.4.1 Market size and forecast, by Type
7.3.5.4.2 Market size and forecast, by Application
7.3.5.4.3 Market size and forecast, by Distribution Channels
7.3.5.5 Spain
7.3.5.5.1 Market size and forecast, by Type
7.3.5.5.2 Market size and forecast, by Application
7.3.5.5.3 Market size and forecast, by Distribution Channels
7.3.5.6 Rest of Europe
7.3.5.6.1 Market size and forecast, by Type
7.3.5.6.2 Market size and forecast, by Application
7.3.5.6.3 Market size and forecast, by Distribution Channels
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Type
7.4.3 Asia-Pacific Market size and forecast, by Application
7.4.4 Asia-Pacific Market size and forecast, by Distribution Channels
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Type
7.4.5.1.2 Market size and forecast, by Application
7.4.5.1.3 Market size and forecast, by Distribution Channels
7.4.5.2 Japan
7.4.5.2.1 Market size and forecast, by Type
7.4.5.2.2 Market size and forecast, by Application
7.4.5.2.3 Market size and forecast, by Distribution Channels
7.4.5.3 India
7.4.5.3.1 Market size and forecast, by Type
7.4.5.3.2 Market size and forecast, by Application
7.4.5.3.3 Market size and forecast, by Distribution Channels
7.4.5.4 Australia
7.4.5.4.1 Market size and forecast, by Type
7.4.5.4.2 Market size and forecast, by Application
7.4.5.4.3 Market size and forecast, by Distribution Channels
7.4.5.5 South Korea
7.4.5.5.1 Market size and forecast, by Type
7.4.5.5.2 Market size and forecast, by Application
7.4.5.5.3 Market size and forecast, by Distribution Channels
7.4.5.6 Rest of Asia-Pacific
7.4.5.6.1 Market size and forecast, by Type
7.4.5.6.2 Market size and forecast, by Application
7.4.5.6.3 Market size and forecast, by Distribution Channels
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Type
7.5.3 LAMEA Market size and forecast, by Application
7.5.4 LAMEA Market size and forecast, by Distribution Channels
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Brazil
7.5.5.1.1 Market size and forecast, by Type
7.5.5.1.2 Market size and forecast, by Application
7.5.5.1.3 Market size and forecast, by Distribution Channels
7.5.5.2 Turkey
7.5.5.2.1 Market size and forecast, by Type
7.5.5.2.2 Market size and forecast, by Application
7.5.5.2.3 Market size and forecast, by Distribution Channels
7.5.5.3 South Africa
7.5.5.3.1 Market size and forecast, by Type
7.5.5.3.2 Market size and forecast, by Application
7.5.5.3.3 Market size and forecast, by Distribution Channels
7.5.5.4 UAE
7.5.5.4.1 Market size and forecast, by Type
7.5.5.4.2 Market size and forecast, by Application
7.5.5.4.3 Market size and forecast, by Distribution Channels
7.5.5.5 Rest of LAMEA
7.5.5.5.1 Market size and forecast, by Type
7.5.5.5.2 Market size and forecast, by Application
7.5.5.5.3 Market size and forecast, by Distribution Channels
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Players
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments
CHAPTER 9: COMPANY PROFILES
9.1 ARCTIC GmbH
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 D-FANTIX
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 EasyAcc
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Firefly Electric And Lighting Corporation
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Francfranc Corporation
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 H2 Brands Group Corporate.
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 HALFORDS LIMITED
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Harkin Global Solutions Pvt., Ltd.
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Honeywell International Inc.
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 John Lewis Partnership Plc.
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
9.11 L10 Brand
9.11.1 Company overview
9.11.2 Company snapshot
9.11.3 Operating business segments
9.11.4 Product portfolio
9.11.5 Business performance
9.11.6 Key strategic moves and developments
9.12 Life On Products, Inc
9.12.1 Company overview
9.12.2 Company snapshot
9.12.3 Operating business segments
9.12.4 Product portfolio
9.12.5 Business performance
9.12.6 Key strategic moves and developments
9.13 Lifemax Limited
9.13.1 Company overview
9.13.2 Company snapshot
9.13.3 Operating business segments
9.13.4 Product portfolio
9.13.5 Business performance
9.13.6 Key strategic moves and developments
9.14 Newell Brands Inc.
9.14.1 Company overview
9.14.2 Company snapshot
9.14.3 Operating business segments
9.14.4 Product portfolio
9.14.5 Business performance
9.14.6 Key strategic moves and developments
9.15 O2Cool (Maurice Sporting Goods of Delaware, Inc.)
9.15.1 Company overview
9.15.2 Company snapshot
9.15.3 Operating business segments
9.15.4 Product portfolio
9.15.5 Business performance
9.15.6 Key strategic moves and developments
9.16 Shenzhen Yashang Electronics Co., Ltd
9.16.1 Company overview
9.16.2 Company snapshot
9.16.3 Operating business segments
9.16.4 Product portfolio
9.16.5 Business performance
9.16.6 Key strategic moves and developments
9.17 SkyGenius Ltd.
9.17.1 Company overview
9.17.2 Company snapshot
9.17.3 Operating business segments
9.17.4 Product portfolio
9.17.5 Business performance
9.17.6 Key strategic moves and developments
9.18 Xiaomi Corporation
9.18.1 Company overview
9.18.2 Company snapshot
9.18.3 Operating business segments
9.18.4 Product portfolio
9.18.5 Business performance
9.18.6 Key strategic moves and developments
9.19 Nimya ( Kianda B. V.)
9.19.1 Company overview
9.19.2 Company snapshot
9.19.3 Operating business segments
9.19.4 Product portfolio
9.19.5 Business performance
9.19.6 Key strategic moves and developments
9.20 Shenzhen Jisu Technology Co., Ltd. (Jisulife)
9.20.1 Company overview
9.20.2 Company snapshot
9.20.3 Operating business segments
9.20.4 Product portfolio
9.20.5 Business performance
9.20.6 Key strategic moves and developments
Executive Summary
According to this report, titled, 'Handheld Fans Market,' the handheld fans market size was valued at $407.70 million in 2021, and is estimated to reach $734.8 million by 2031, growing at a CAGR of 6.1% from 2022 to 2031.The handheld fans market trends is mostly driven by the elevated trends for outdoor activity. As per the Outdoor Industry Association report, almost 53% of the U.S. population participated in any kind of outdoor activity at least once in 2020. Moreover, consumer disposable incomes have been rising in several developing regions, such as the Asia-Pacific, creating many developmental prospects for handheld fan producers to raise their product prices.
The handheld fans industryin Asia-Pacific and LAMEA has significant growth potential for market players. Market expansion is primarily driven by rising in consumer disposable income and an increase in the adoption of portable devices. Sales of handheld fans have also surged as a result of the development of solar-powered fans. Consumers nowadays demand products that can be charged from renewable sources which subsequently support market growth. Moreover, the constraints limiting handheld fans market growth include the short battery life and lower durability of handheld fans.
The handheld fans market analysis is segmented on the basis of type, application, distribution channel, and region. On the basis of type, the market is classified into rechargeable and non-rechargeable. The rechargeable segment accounted for a major share of the handheld fans market in 2021 and is expected to grow at a significant CAGR during the handheld fans market forecast period. Rechargeable fans are often shipped with a strong battery that needs to be charged by an electrical source.
On the basis of application, the market is categorized into commercial and residential. The commercial segment accounted for a major share of the handheld fans market in 2021 and is expected to grow at a significant CAGR during the forecast period. The commercial segment of the handheld fans market includes cosmetic industries, hospitals, commercials, and others. Developments in the tourism sector have been continuously influencing the growth of the hospitality sector, which further creates the handheld fans market opportunities during the forecast period.
On the basis of distribution channel, the market is categorized into supermarkets, retail stores, online stores, and others. The supermarket segment accounted for a major share of the market in 2021 and is expected to grow at a significant CAGR during the forecast period. A supermarket is an extended version of a commercial sector store with a self-service facility. It offers a wide variety of personal care products, home appliances, sports gear & equipment, and wellness products that are specially categorized and organized on large shelves.
In 2021, Asia-Pacific accounted for a 34.2% handheld fans market share and is expected to maintain its dominance during the forecast period. Moreover, LAMEA and Asia-Pacific are expected to possess the highest CAGRs, owing to the wide acceptance of handheld fans in homes, offices, and various businesses.
Exporters in both developed and developing nations faced a number of difficulties as a result of the COVID-19 pandemic. The implementation of lockdown and curfew procedures on a global scale had an impact on both domestic and foreign manufacturers of handheld fans, which in turn hindered market expansion. COVID-19 had a negative influence on the handheld fans market in 2020 as a result of decreased company sales and operations being suspended.
The key players analyzed for the handheld fans market are 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 findings of the study
By type, the rechargeable segment was the highest revenue contributor to the market, with $232.9 million in 2021, and is estimated to reach $426.4 million by 2031, with a CAGR of 6.3%.By application, the commercial segment was the highest revenue contributor to the market, with $226.3 million in 2021, and is estimated to reach $416.2 million by 2031, with a CAGR of 6.3%.
By distribution channel, the supermarket segment was the highest revenue contributor to the market, with $217.3 million in 2021, and is estimated to reach $371.8 million by 2031, with a CAGR of 5.6%.
By region, Asia-Pacific was the highest revenue contributor, accounting for $139.6 million in 2021, and is estimated to reach $263.8 million by 2031, with a CAGR of 6.6%.
Companies Mentioned
- 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)
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 274 |
Published | October 2022 |
Forecast Period | 2021 - 2031 |
Estimated Market Value ( USD | $ 407.7 million |
Forecasted Market Value ( USD | $ 734.8 million |
Compound Annual Growth Rate | 6.1% |
Regions Covered | Global |
No. of Companies Mentioned | 20 |