The global market for portable misting fans is poised to achieve an impressive Compound Annual Growth Rate (CAGR) of 7.8%, reaching a market value of US$ 96 billion. Several factors contribute to this growth:
- Escalating temperatures and a growing demand for personal cooling solutions worldwide, particularly in Europe and the Asia Pacific region.
- The surge in popularity of outdoor recreational activities such as camping, picnicking, and outdoor events is driving an increased demand for portable misting fans.
- Technological advancements are facilitating the development of more efficient and compact misting fans. Consequently, manufacturers are concentrating on creating models in various sizes to cater to diverse consumer needs.
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Another driving aspect is the features such as shockproof system, lightweight, and adjustable length. The ease of use may be a factor driving the popularity of fog fans among the general public, paving the way for a growing market.
Trend of Portable Mist Fans in the Home, Commercial, and Industrial Sectors
During the hottest summer months, mist fans can be used in the home to help reduce electricity consumption. The increased popularity of pool parties and backyard barbecues is driving up demand for mist fans, which provide a pleasant air during hot summer evenings and has correspondingly boosted the demand for portable fog fans.
Mist fans help increase morale, health, and energy levels in commercial and industrial sectors where large numbers of personnel are involved in offering services and producing goods. Increased humidity levels caused by changes in environmental circumstances can be readily dealt with by using mist fans on a regular basis, offering respite to customers during the summer.
Impact of COVID-19 on Portable Misting fans Market
The pandemic has led in significant company losses around the world, posing unprecedented obstacles to the mist fans market growth. Existential crisis have been posed to a number of businesses leading to heavy losses and disruptions in operations and manufacturing
Economic shocks in the logistics and supply chain have wreaked havoc on global labor and employment, limiting the expansion of the portable fog fans market. The shortage of raw materials and other facilities is preventing portable mist fans manufacturers from making a profit, resulting in a significant loss and limiting the market’s growth.
US and Canada Portable Misting fans Market Outlook
The global market for mist fans is dominated by North America. The market in North America is expected to grow rapidly due to an increase in the variety of portable and easy-to-transport mist fans, high end-use in industrial sectors, a growing number of manufacturers in the region, and the availability of high-pressure mist fans that can drastically lower temperatures in the United States and Canada.
Furthermore, rising preference of local population for recreational and outdoor activities is leading them to the adoption of portable fog fans in the region and is anticipated to remain a prominent region for the overall growth of the market.
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Europe Demand Outlook for Portable Misting fans
The market for mist fans in Europe is expected to increase at a rapid pace. Due to increase in number of shopping complexes, changing temperature, growing e-commerce sector, and rise in outdoor activities in Germany, Spain, France, and Italy.
The rise in working population in the region has resulted in increased sales of comfort accessories such as portable mist fans and other similar items in Europe. In addition, the penetration of high numbers of manufacturers in Europe across the area is driving demand for small portable fans.
Who are the Key Manufacturers and Suppliers of Portable Misting fans?
Some of the leading manufacturers and suppliers of portable misting fans include
- ewAir
- Lasko Products
- LLC
- Usha International Ltd.
- Bigfogg
- and among others.
Key Segments
By Product Type:
- High pressure misting fans
- Mid pressure misting fans
- Low pressure misting fans
By End Use Sector:
- Residential
- Commercial
By Price Range:
- Low
- Medium
- High
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By Sales Channel:
- Supermarket/Hypermarket
- Specialty Stores
- Wholesalers/Distributors
- Online Retailers
- Convenient Stores
- Multi-Brand Stores
- Others
By Region:
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- EU5
- Nordics
- Benelux
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
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