The Asia Pacific Handheld Fans Market would witness market growth of 6.2% CAGR during the forecast period (2023-2030).
An electric motorized machine used to propel air is called a fan. A fan is an apparatus with revolving blades or vanes that affect the air, usually metal, plastic, or wood. An alternate blade and hub combination is referred to as an "impeller," "rotor," or "runner." It is usually housed in a case or some other type of housing. Safety can be enhanced by regulating the ventilation or preventing objects from contacting the fan blades. Electric motors drive most fans, although they can also be hydraulic motors, hand cranks, or internal combustion engines. A handheld fan is a compact, corded, or battery-powered fan that is easily moved from one place to another while in one's hand. Moreover, the primary factor driving the demand for handheld fans in the business is the rise in outdoor activity trends.
One of the primary drivers propelling the adoption of handheld fans is the escalating temperatures attributed to climate change. As the frequency and intensity of heat waves increase, individuals search for portable, effective solutions to stay calm. Handheld fans, with their compact size and ease of use, offer an immediate and accessible way to combat rising temperatures. The world is witnessing unprecedented urbanization, increasing crowded public spaces such as transportation hubs and entertainment venues. The demand for personal cooling solutions has soared in densely populated urban areas. Handheld fans provide a quick and efficient way for individuals to create their microclimate in crowded settings, enhancing comfort in the face of urban heat islands.
India experiences intense heat waves, especially during the summer months. Handheld fans offer a convenient and immediate solution for individuals to stay cool in India, providing relief from soaring temperatures and making them a valuable accessory in combating heat-related discomfort. Handheld fans are affordable, making them accessible to many consumers in India. All these factors will uplift the regional market’s expansion in coming years.
The China market dominated the Asia Pacific Handheld Fans Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $69,606.2 Thousands by 2030. The Japan market is registering a CAGR of 5.4% during (2023 - 2030). Additionally, The India market would experience a CAGR of 6.8% during (2023 - 2030).
Based on Type, the market is segmented into Rechargeable and Non-Rechargeable Based on Application, the market is segmented into Commercial and Residential. Based on Distribution Channel, the market is segmented into Supermarket, Retail Stores, Online Stores, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global Handheld Fans Market is Predict to reach $679.2 Million by 2030, at a CAGR of 5.8%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Firefly Electric and Lighting Corporation, Easyacc, Newell Brands, Inc., Xiaomi Corporation, Arctic GmbH, Life on Products, Inc, Yashang Electronics Co., Ltd, O2cool LLC (Maurice Sporting Goods, Inc.), Harkin Global Solutions Pvt. Ltd.
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