Global Portable Blenders Market Size By Material (Plastic, Glass), By Distribution Channel (Online, Off-line), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Portable Blenders Market size was valued at USD 120.8 Million in 2024 and is projected to reach USD 225.1 Million by 2031, growing at a CAGR of 8.1% during the forecast period 2024-2031.
The increasing popularity of smoothies and shakes can be witnessed amongst all age groups. A health-conscious consumer is found to prefer easy-to-make homemade smoothies over expensive smoothies with added flavor. This has raised the demand for Portable Blenders by increasing the number of such Do-it-yourselfers. Portable blenders offer a cost-effective and an easy to make and easy to customize beverage. The Global Portable Blenders Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Portable Blenders Market Definition
Blenders can be considered as a device or appliance which is used to blend or emulsify. Primarily, blenders are of two types, stationary and portable. The differentiating factor can be attributed to the fact that while stationary Blenders need a constant power supply, portable Blenders don’t need a mains power supply and subsequently can be operated anywhere when required. Portable Blenders come in different shapes and sizes and with varying sizes of motors with an additional benefit of rechargeable batteries. These battery fuelled portable Blenders perfectly fulfill the need of fitness enthusiasts.
Portable blenders aren't just easy on your wallet; you can charge them just about anywhere – using your PC, car charger, or any USB power supply. They're super handy and ideal for the office, gym, picnics, or even campsites! Because they use so little power and have high charging limits with a long run time, they really stand out compared to older appliances. These small, cordless mini-blenders are a game-changer for health enthusiasts who are always on the go, setting a new trend around the globe. But, like every industry, the COVID-19 outbreak hit the portable blender market hard. Since they rely heavily on physical stores, they experienced a slowdown due to the pandemic. It's been a tough time!
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Global Portable Blenders Market Overview
Smoothies and shakes are all the rage these days, it seems like everyone's drinking them! And you know what's cool? More and more health-conscious folks are ditching those pricey, flavor-packed smoothies from stores and opting for easy-to-make homemade versions. That's why Portable Blenders are becoming so popular – everyone's trying their hand at making their own healthy drinks! These blenders are a total winthey're cost-effective, super easy to use, and you can customize your drinks however you like. Plus, with more people working and having a little extra cash, they're looking to upgrade their lifestyle, focusing on better nutrition and even a bit of travel. A Portable Blender just naturally fits right into that picture.
The concept of tiny homes is also prevalent these days, leading to increased demand for Portable Blenders by millennials facing space availability. India, being in the phase of demographic dividend with the highest youth population automatically becomes a major consumer of Portable Blenders. Also, an increase in female workforce participation showcases greater income equality and a greater number of dual-income households resulting in huge aggregate demand.
As per the survey of YouGov PLC, over 55% of the households in the U.S. were dual-income households in 2018. Similarly, according to the Modern Families Index 2019, over 75% of the households in the U.K. were dual earners. Thus, a high number of dual-income families in these countries is expected to increase product demand over the forecast years. Presently, the dual-income growth rate of India stands low but it has great potential to grow in the future.
Global Portable Blenders Market Segmentation Analysis
The Global Portable Blenders Market is segmented On The Basis of Material, Distribution Channel, And Geography.
Portable Blenders Market, By Material
Plastic
Glass
Steel
When it comes to what they're made of, portable blenders are typically Plastic, Glass, or Steel. In 2019, plastic was the clear winner! Think about it – if you're a traveler, a plastic portable blender is super convenient. And with everyone on Instagram following health gurus, more and more people are getting into healthy routines. Portable blenders make it easy to maintain a healthy body, whether you're whipping up a smoothie at the gym, powering through an outdoor workout, or even just sitting at your desk. You can enjoy a healthy treat or take your weight-loss supplement on the go, thanks to these lightweight and easy-to-carry blenders. Plus, let's be real, a big reason people love plastic blenders is that they're just so durable.
Okay, so these blenders? Yeah, they might break if you drop them – but surprisingly, that can actually make them last longer. While those plastic portable blenders are super useful now, glass is where it's at! We're expecting to see them really take off in the next 6 to 7 years. Think about itGlass is scratch-resistant, better for your food, you can see what's inside, it's eco-friendly, and easy to recycle. Plus, food doesn't soak into it! And hey, don't count out steel! It's a smaller market for now, but steel blenders are already making a splash because they're so darn durable.
Portable Blenders Market, By Distribution Channel
Online
Off-line
When we look at Distribution Channels, we see a split between Online and Off-line options. In 2019, the Off-line channel was definitely the bigger player. Think about it – going to a store lets you really see the products up close, check out their quality and how well they're made. Plus, these traditional stores were the first to market, giving them a huge head start. And let's not forget the in-store experience! Talking to a sales associate helps you understand the product way better. All this gives Off-line a real edge over buying online. Because they were the first ones there, Off-line retailers have been able to keep costs down, take advantage of economies of scale, and offer a wide range of products at prices that won't break the bank.
Because things are cheaper to make and sell, stores and brands can give us sweet discounts, which, let's be honest, makes us happy with budget-friendly deals. But, COVID-19 changed everything, right? Suddenly, we're all way more into shopping online instead of hitting the store. This means online shopping is expected to blow up over the next few years, growing by a whopping 8.3% each year from 2020 to 2027! Think about itcompany websites and major e-commerce sites are where it's all happening. With more and more of us grabbing our stuff online, this whole online thing is only going to get bigger.
Portable Blenders Market, By Geography
North America
Europe
Asia Pacific
Rest of the world
Okay, so when we look at the Global Portable Blenders Market, we can break it down by regionNorth America, Europe, Asia Pacific, and everywhere else. North America was the big player back in 2019, and that's probably because folks there are really getting into healthy eating. More and more people want nutritious food, which means they're buying up portable blenders! Just think, in 2019, around 45 million adults in the U.S. had a gym membership. It's pretty clear that consumers in this region want sustainable food, healthy diets, and they want it all to be safe, easy, and transparent. Because of this growing trend, a lot of companies are redesigning their products to give these health-conscious customers exactly what they're looking forconvenient ways to eat healthier.
Get ready, Asia Pacific! We're expecting some seriously fast growth in the region, with a CAGR kicking in from 2020 to 2027. Think China, India, Japan, South Korea, Hong Kong, Singapore – they're all poised to be big players, offering some major opportunities for this product in the coming years. What's driving it? Well, folks in Asia Pacific are seeing their standard of living improve, thanks to rising personal disposable income which means they have more cash to spend. And they're spending it on things that boost that standard of living, like healthier drinks with almost zero sugar! You can learn more here.
Key Players
The “Global Portable Blenders Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as ConairCuisinart, Pop Babies, TOPQSC, Oster, BILACA, Hamilton Beach, Keyton, Little bees, Blufied, NutriBullet, BELLA.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Report Scope
REPORT ATTRIBUTES
DETAILS
Study Period
2021-2031
Base Year
2024
Forecast Period
2024-2031
Historical Period
2021-2023
Unit
Value (USD Million)
Key Companies Profiled
ConairCuisinart, Pop Babies, TOPQSC, Oster, BILACA, Hamilton Beach, Keyton, Little bees, Blufied, NutriBullet, BELLA.
Segments Covered
By Material
By Distribution Channel
By Geography
Customization Scope
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Reasons to Purchase this Report
We dive deep into the market with a mix of qualitative and quantitative analysis, segmenting it by economic and non-economic factors. Expect to see market values in USD Billion for every segment and sub-segment. We'll pinpoint the region and segment poised for the most explosive growth and market dominance. Our geographic analysis highlights product/service consumption and regional market influences. Check out the competitive landscape, featuring major player rankings, recent service/product launches, M&A, and partnerships from the last five years. We've got extensive company profiles – company overviews, insights, product benchmarking, and SWOT analysis – for all the big players. Get the scoop on the industry's present and future, covering recent developments like growth opportunities, drivers, challenges, and restraints in both emerging and developed regions. We provide a thorough market analysis using Porter's Five Forces and give you insight into the Value Chain. Finally, we lay out the market dynamics scenario and upcoming growth opportunities, and we back it all up with post-sales analyst support.
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