Globally, the compound annual growth rate of portable fan market is expected to be 3.3% from 2019 to 2027
In 2018, the Asia Pacific region dominated the global market. The presence of major portable fan manufacturers and the tropical temperature of the region contributed to this dominance. The widespread acceptance of portable fans in homes, offices and various enterprises will promote the demand for portable fans in the Asia Pacific region.
Due to the increased demand for portable fans in the residential market, the North American market is expected to grow significantly during the forecast period. Research shows that in 2018, the retail sales of portable fans in the United States will be about 550 million dollars.
The products are subdivided into desktop fans, tower fans, etc. Table fans occupy the largest market share in the product segment, about 40%. The desk fan is the most widely used portable fan in the market because of its wide availability.
The trend of blade free portable fan, hands-free USB neck fan and USB phone fan is increasing the demand for portable fan market worldwide.
As hand-held fans are also used by patients with chronic dyspnea, it is expected that the market for hand-held fans will grow significantly in the forecast period.