Neck Fan Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2024-2032 By Power (Less Than 10-Watt, 10 Watt-20 Watt, More Than 20 Watt), By Price Range (Low, Medium, High), By Distribution Channel (Online, Offline), and By Region

The global neck fan market is expected to grow at an impressive CAGR in the forecast period, 2023-2027. Neck fans help in cooling down without the hassle of holding it or resorting to strapping an ice pack to your forehead. In addition to this, the escalating demand for portable devices and elevating levels of urbanization in especially emerging economies are some of the factors that fuels the demand of portable neck fans. Along with this, the growth in outdoor sports activities, the growing demand for ventilation to control humidity in houses and office rooms, and the inflating need for handy portable devices during traveling, camping, and hiking are few of the major growth-inducing factors that supports the global neck fan market.

Emerging Trend for Bladeless Neck Fans Augment the Growth of the Market

Various leading manufacturers are developing new products and focusing on enhancing products in the portable fans market, including the manufacturers are developing bladeless portable neck fans. Bladeless portable fans offer several advantages that includes safety, easy cleaning and can be controlled by the remote, thereby, does not require to be adjusted manually. This, in turn, drives the growth of the neck fan market across the globe. In addition to this, the development of solar-powered portable fans by the manufacturers in the global market escalating the demand for portable neck fans market globally. Now-a-days consumers are demanding products that can be charged from renewable sources which is further supporting the market growth. The inflating per capita income and elevating levels of urbanization in the emerging nations is expected to fuel the market growth in the forthcoming years.

Launch of Novel Products is Projected to Flourish the Market Growth

Portable neck fan manufacturers are introducing novel products that are aerodynamically designed. Orient Electric has launched “Orient Bladeless” which are portable fans, are easy to clean, and work smoothly without noise and run up to 7.5 hours in a single charge. Moreover, it has an indulgent aura setting with multiple colors, remote-controlled operation, and energy-efficient portable fans. The expanding number of offices in small buildings and absence of ventilation has created a demand for portable neck fans that can control ventilation of small rooms. Globally, the product demand for residential uses is expected to grow considerably in the forthcoming years.

Enhancement in Lifestyle and Elevating Levels of Urbanization Propels the Product Demand

The growing sales of homes, increasing adoption of urban lifestyle, and the inflating need for stylish fans are escalating the growth of the portable neck fans market. Various companies are bringing innovations into the limelight that is projected to propel the existing wants and requirements of the customers. Hotel industries are adapting to transform the ambience for the guests with a royal touch, as they are mainly focusing on the installation of brass fans as they offer a shiny artistic look to the interior and exterior doors of the infrastructure. All these factors are expected to drive the market towards growth in the upcoming years.

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Market Segmentation

The global neck fan market is segmented into

Market Players

Shenzhen Jisu Technology Co., Ltd., Minimax, MOVSOU, PenKou, Kiron, Spike ECom are the leading market players contributing the growth of the global neck fanmarket.