Press release
Handheld Fans Market Size Worth USD 734.8 million By 2031 | Growth Rate (CAGR) of 6.1%
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.
โก๏ธ๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ & ๐๐๐ : https://www.alliedmarketresearch.com/request-sample/18209
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.
โก๏ธ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐ ๐จ๐๐๐๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ฌ ๐ฉ๐๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ซ๐๐ช๐ฎ๐ข๐ซ๐ฆ๐๐ง๐ญ: https://www.alliedmarketresearch.com/request-for-customization/18209
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.
Handheld Fans Key Players
ARCTIC GmbH, Honeywell International Inc., Harkin Global Solutions Pvt., Ltd., John Lewis Partnership Plc., Shenzhen Jisu Technology Co., Ltd. (Jisulife), Francfranc Corporation, Life On Products, Inc, Xiaomi Corporation, EasyAcc, Nimya ( Kianda B.V.), Newell Brands Inc., O2Cool (Maurice Sporting Goods of Delaware, Inc.), L10 Brand, SkyGenius Ltd., Shenzhen Yashang Electronics Co., Ltd, H2 Brands Group Corporate, Firefly Electric And Lighting Corporation, Halfords Limited, D-FantiX, Lifemax Limited
โก๏ธ๐๐ฎ๐ฒ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ๐๐ ๐๐ซ๐ข๐๐ @
https://www.alliedmarketresearch.com/checkout-final/66fb6266ff68d5f7efce2d2bdda3ece2
The Handheld Fans report is analyzed across Type, Application, End-Use Industry
Type
โคNon-Rechargeable
โคRechargeable
Application
โคCommercial
โคResidential
Distribution Channels
โคSupermarket
โคRetail Stores
โคOnline Stores
โคOthers
โก๏ธ๐๐จ๐ฉ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
Handheld Mini Fans Market
https://www.alliedmarketresearch.com/handheld-mini-fans-market-A197117
Rechargeable Handheld Portable Fans Market
https://www.alliedmarketresearch.com/rechargeable-handheld-portable-fans-market-A176893
Handheld Portable Fans Market
https://www.alliedmarketresearch.com/handheld-portable-fans-market-A186269
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