
NEW YORK, Oct. 20, 2022 /PRNewswire/ -- The "Personal Cooling Device Market by Type and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. The report expects the market size to grow by USD 1.73 billion, accelerating at a CAGR of 5.28% during the forecast period. To estimate the size of the market, Technavio has tracked the recent trends and developments in the household appliances industry. Some of the factors considered include the consumer base, adoption rate, revenue generated by household appliances companies manufacturing personal cooling devices, and per capita income among others. Understand how the purchase of the report can have a direct impact on your revenue. Request Sample PDF Report
The market is driven by the cost-effective supply chain for personal cooling devices. The global personal cooling device market consists of numerous suppliers, allowing vendors to purchase raw materials at low prices. This is leading to a reduction in production costs, which further translates to a lower final cost of personal cooling devices. Moreover, personal cooling devices such as desk fans or handheld cooling devices are inexpensive, easily available home appliances used extensively globally. All these factors are positively influencing the growth of the market in focus.
However, the threat from unorganized retailing will challenge the growth of the market. Consumers in developing countries such as India, Brazil, Bangladesh, and Benin, generally prefer to purchase regular personal cooling devices from unorganized retailers due to their low-cost and increased availability. This is reducing the market share of organized retailers operating in these countries. Also, the high presence of unorganized vendors in rural areas in these countries is making it difficult for organized vendors to penetrate and tap the growth potential.
Get detailed insights into the impact of drivers, trends, and challenges on the growth of the global personal cooling devices market. Buy Report Now
- Ambient Therapeutics Inc.
- Bajaj Electricals Ltd.
- Beijing Huimao Cooling Equipment Co. Ltd.
- Beurer GmbH
- Blue Star Ltd
- Design Go Ltd.
- Evapolar Ltd.
- Havells India Ltd
- Honeywell International Inc.
- Ken Lifestyles Pvt. Ltd.
- Marathon Electric India Pvt. Ltd.
- Newell Brands Inc.
- O2Cool LLC
- Orient Electric Ltd
- Pelonis Technologies Inc.
- Shenzhen Lechuangtiancheng Technology Co. Ltd.
- Sony Group Corp
- Summercool Home Appliances Ltd.
- Symphony Ltd.
- Usha International Ltd.
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- Personal air conditioner - size and forecast 2021-2026
- Handheld cooling device - size and forecast 2021-2026
The personal air conditioner segment accounted to the largest share of the market in 2021. The growing emphasis on convenience in the use of various household appliances is driving the growth of the segment. The market growth in the segment will be significant over the forecast period.
- APAC - size and forecast 2021-2026
- Europe - size and forecast 2021-2026
- North America - size and forecast 2021-2026
- South America - size and forecast 2021-2026
- The Middle East and Africa - size and forecast 2021-2026
APAC will emerge as the dominant market, occupying 52% of the global market share. Factors such as a significant increase in disposable income of individuals, the cost-effective supply chain of personal cooling devices, the increasing demand for luxury fans, and numerous product innovations are driving the growth of the personal cooling devices market in APAC.
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Personal Cooling Device Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.28% |
Market growth 2022-2026 |
$ 1.73 billion |
Market structure |
Fragmented |
YoY growth (%) |
4.0 |
Regional analysis |
APAC, Europe, North America, South America, and the Middle East and Africa |
Performing market contribution |
APAC at 52% |
Key consumer countries |
US, China, Japan, Australia, and Germany |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Ambient Therapeutics Inc., Bajaj Electricals Ltd., Beijing Huimao Cooling Equipment Co. Ltd., Beurer GmbH, Blue Star Ltd, Design Go Ltd., Evapolar Ltd., Havells India Ltd, Honeywell International Inc., Ken Lifestyles Pvt. Ltd., Marathon Electric India Pvt. Ltd., Newell Brands Inc., O2Cool LLC, Orient Electric Ltd, Pelonis Technologies Inc., Shenzhen Lechuangtiancheng Technology Co. Ltd., Sony Group Corp, Summercool Home Appliances Ltd., Symphony Ltd., and Usha International Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.3 Market size 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by End-user
- 5.1 Market segments
- Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
- Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
- 5.2 Comparison by End-user
- Exhibit 26: Chart on Comparison by End-user
- Exhibit 27: Data Table on Comparison by End-user
- 5.3 Commercial - Market size and forecast 2021-2026
- Exhibit 28: Chart on Commercial - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Commercial - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Commercial - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Commercial - Year-over-year growth 2021-2026 (%)
- 5.4 Residential - Market size and forecast 2021-2026
- Exhibit 32: Chart on Residential - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Residential - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Residential - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Residential - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by End-user
- Exhibit 36: Market opportunity by End-user ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 North America - Market size and forecast 2021-2026
- Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.5 Europe - Market size and forecast 2021-2026
- Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.6 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.7 South America - Market size and forecast 2021-2026
- Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.8 India - Market size and forecast 2021-2026
- Exhibit 62: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.9 US - Market size and forecast 2021-2026
- Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.10 UK - Market size and forecast 2021-2026
- Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.11 Australia - Market size and forecast 2021-2026
- Exhibit 74: Chart on Australia - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Australia - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Australia - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Australia - Year-over-year growth 2021-2026 (%)
- 7.12 Canada - Market size and forecast 2021-2026
- Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)
- 7.13 Market opportunity by geography
- Exhibit 82: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 83: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
9 Vendor Landscape
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 85: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 86: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 87: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 88: Matrix on vendor position and classification
- 10.3 Bajaj Vacco electrical
- Exhibit 89: Bajaj Vacco electrical - Overview
- Exhibit 90: Bajaj Vacco electrical - Product / Service
- Exhibit 91: Bajaj Vacco electrical - Key offerings
- 10.4 Fortune Engineering
- Exhibit 92: Fortune Engineering - Overview
- Exhibit 93: Fortune Engineering - Product / Service
- Exhibit 94: Fortune Engineering - Key offerings
- 10.5 Jaipan Industries Ltd.
- Exhibit 95: Jaipan Industries Ltd. - Overview
- Exhibit 96: Jaipan Industries Ltd. - Product / Service
- Exhibit 97: Jaipan Industries Ltd. - Key offerings
- 10.6 Mukunda Foods Pvt Ltd
- Exhibit 98: Mukunda Foods Pvt Ltd - Overview
- Exhibit 99: Mukunda Foods Pvt Ltd - Product / Service
- Exhibit 100: Mukunda Foods Pvt Ltd - Key offerings
- 10.7 Prabhat Machine Tools
- Exhibit 101: Prabhat Machine Tools - Overview
- Exhibit 102: Prabhat Machine Tools - Product / Service
- Exhibit 103: Prabhat Machine Tools - Key offerings
- 10.8 Rallison Appliances Pvt. Ltd.
- Exhibit 104: Rallison Appliances Pvt. Ltd. - Overview
- Exhibit 105: Rallison Appliances Pvt. Ltd. - Product / Service
- Exhibit 106: Rallison Appliances Pvt. Ltd. - Key offerings
- 10.9 Sunflame Enterprises Pvt. Ltd.
- Exhibit 107: Sunflame Enterprises Pvt. Ltd. - Overview
- Exhibit 108: Sunflame Enterprises Pvt. Ltd. - Product / Service
- Exhibit 109: Sunflame Enterprises Pvt. Ltd. - Key offerings
- 10.10 Treasure Retail Pvt. Ltd.
- Exhibit 110: Treasure Retail Pvt. Ltd. - Overview
- Exhibit 111: Treasure Retail Pvt. Ltd. - Product / Service
- Exhibit 112: Treasure Retail Pvt. Ltd. - Key offerings
- 10.11 TTK Prestige Ltd.
- Exhibit 113: TTK Prestige Ltd. - Overview
- Exhibit 114: TTK Prestige Ltd. - Product / Service
- Exhibit 115: TTK Prestige Ltd. - Key offerings
- 10.12 Zimplistic India Pvt Ltd.
- Exhibit 116: Zimplistic India Pvt Ltd. - Overview
- Exhibit 117: Zimplistic India Pvt Ltd. - Product / Service
- Exhibit 118: Zimplistic India Pvt Ltd. - Key offerings
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 119: Inclusions checklist
- Exhibit 120: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 121: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 122: Research methodology
- Exhibit 123: Validation techniques employed for market sizing
- Exhibit 124: Information sources
- 11.5 List of abbreviations
- Exhibit 125: List of abbreviations
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