Household Fans Global Market Report 2022 – By Type Of Product (Ceiling Fans, Table Fans, Pedestal Fans, Exhaust Fans, Wall Fans), By Type of Current (AC Residential Fans, DC Residential Fans), By Application (Home, Commercial), By Distribution Channel (Store-based Retailing, Direct Sales, Non-Store-based Retailing) – Market Size, Trends, And Global Forecast 2022-2026

Starting Price : $4000.00 | Pages : 175 | Published : February 2022 | SKU CODE : 7239 | Delivery Time: 2-3 business days | Format :


The household fans market consists of sales of household electric fans including ceiling fans, table fans, pedestal fans, exhaust fans and wall fans.

The main product types of household fans are ceiling fans, table fans, pedestal fans, exhaust fans and wall fans. A ceiling fan is a mechanical fan, usually electrically powered, suspended from a room's ceiling that circulates air via hub-mounted rotating paddles. Household fans use different types of current such as AC residential fans and DC residential fans. Fans are distributed through store-based retailing, direct sales and non-store-based retailing distribution channels that are used for home and commercial applications.

The global household fans market size is expected to grow from $27.44 billion in 2021 to $29.59 billion in 2022 at a compound annual growth rate (CAGR) of 7.8%.The growth in the household fans market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The household fans market is expected to reach $36.60 billion in 2026 at a CAGR of 5.5%.

Increased electrification especially in rural areas will contribute to the growth of the household fans market in the forecast period. Electrification coupled with the rise in disposable income has boosted the demand for household fans. For example, in India, the percentage of rural population with access to electricity increased to 90% in 2019. The net disposable income of Per capita rose to $1,836.68 during the 2019-2020 period, exhibiting a spike of 6.8% compared to the previous period, with a growth rate of 10.0%. Rise in disposable income increased the purchasing power of the people which in turn has increased the household fans market.

Increased tariffs on raw materials such as steel and aluminum will restrain the household fans market in the forecast period. Steel and aluminum are predominantly used in manufacture of components such as blades for fans. Increasing import tariffs on raw materials such as steel hindered the market for household fans. For instance, in February 2020, USA administration decided to raise tariffs on derivative steel and aluminum imports by 25% and 10%, respectively.

Household fan manufacturers are increasingly producing energy-efficient products to reduce carbon footprint and enable energy savings for the consumers. The rise of energy-efficient appliances can be attributed to stringent government regulations on electric home appliances and advances in technology. Energy efficient fans are designed to utilize minimum energy. Currently, over 80 countries have standards and labels for energy efficient appliances. For example, in the USA, ENERGY STAR certified ceiling fans provide cutting edge design, use latest technology and are 60% more efficient than conventional ceiling fans.

In October 2019, Hunter Fan Company, manufacturer and distributer of fans has acquired Entrepreneurial Pursuits, Inc. for an undisclosed amount. This acquisition will help Hunter Fan Company to expand their product portfolio and allows the company to provide a more holistic solution to customers. Entrepreneurial Pursuits, Inc was engaged in manufacturing and distributing of fixed and rolling mount caged fan solutions for commercial and industrial uses.

Major players in the household fans market are Hunter Fan Company, Casablanca, Emerson Ceiling Fans, Minka, Monte Carlo, Craftmade, Litex, Fanimation, Kichler, Panasonic, and Crompton Greaves.

Asia Pacific was the largest region in the household fans market in 2021. Western Europe was the second-largest region in the household fans market. The regions covered in the household fans market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the household fan market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

The global household fans market is segmented -

1) By Type of Product: Ceiling Fans, Table Fans, Pedestal Fans, Exhaust Fans, Wall Fans

2) By Type of Current: AC Residential Fans, DC Residential Fans

3) By Application: Home, Commercial

4) By Distribution Channel: Store-Based Retailing, Direct Sales, Non-Store-Based Retailing

    Table Of Contents

    1. Executive Summary

    2. Household Fans Market Characteristics

    3. Household Fans Market Size And Growth

    3.1. Global Household Fans Historic Market, 2015 - 2019, $ Billion

    3.1.1. Drivers Of The Market

    3.1.2. Restraints On The Market

    3.2. Global Household Fans Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion

    3.2.1. Drivers Of The Market

    3.2.2. Restraints On the Market

    4. Household Fans Market Segmentation

    4.1. Global Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Ceiling Fans

    Table Fans

    Pedestal Fans

    Exhaust Fans

    Wall Fans

    4.2. Global Household Fans Market, Segmentation By Type of Current, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    AC Residential Fans

    DC Residential Fans

    4.3. Global Household Fans Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Home

    Commercial

    4.4. Global Household Fans Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Store-based Retailing

    Direct Sales

    Non-Store-based Retailing

    5. Household Fans Market Regional And Country Analysis

    5.1. Global Household Fans Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    5.2. Global Household Fans Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    6. Asia-Pacific Household Fans Market

    6.1. Asia-Pacific Household Fans Market Overview

    6.2. Asia-Pacific Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    7. China Household Fans Market

    7.1. China Household Fans Market Overview

    7.2. China Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion

    8. India Household Fans Market

    8.1. India Household Fans Market Overview

    8.2. India Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    9. Japan Household Fans Market

    9.1. Japan Household Fans Market Overview

    9.2. Japan Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    10. Australia Household Fans Market

    10.1. Australia Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    11. Indonesia Household Fans Market

    11.1. Indonesia Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    12. South Korea Household Fans Market

    12.1. South Korea Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    13. Western Europe Household Fans Market

    13.1. Western Europe Household Fans Market Overview

    13.2. Western Europe Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    14. UK Household Fans Market

    14.1. UK Household Fans Market Overview

    14.2. UK Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    15. Germany Household Fans Market

    15.1. Germany Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    16. France Household Fans Market

    16.3. France Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    17. Eastern Europe Household Fans Market

    17.1. Eastern Europe Household Fans Market Overview

    17.2. Eastern Europe Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    18. Russia Household Fans Market

    18.1. Russia Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    19. North America Household Fans Market

    19.1. North America Household Fans Market Overview

    19.2. North America Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    20. USA Household Fans Market

    20.1. USA Household Fans Market Overview

    20.2. USA Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    21. South America Household Fans Market

    21.1. South America Household Fans Market Overview

    21.2. South America Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    22. Brazil Household Fans Market

    22.1. Brazil Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    23. The Middle East Household Fans Market

    23.1. The Middle East Household Fans Market Overview

    23.2. The Middle East Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    24. Africa Household Fans Market

    24.1. Africa Household Fans Market Overview

    24.2. Africa Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    25. Household Fans Market Competitive Landscape And Company Profiles

    25.1. Household Fans Market Competitive Landscape

    25.2. Household Fans Market Company Profiles

    25.2.1. Hunter Fan Company

    25.2.1.1. Overview

    25.2.1.2. Products and Services

    25.2.1.3. Strategy

    25.2.1.4. Financial Performance

    25.2.2. Casablanca

    25.2.2.1. Overview

    25.2.2.2. Products and Services

    25.2.2.3. Strategy

    25.2.2.4. Financial Performance

    25.2.3. Emerson Ceiling Fans

    25.2.3.1. Overview

    25.2.3.2. Products and Services

    25.2.3.3. Strategy

    25.2.3.4. Financial Performance

    25.2.4. Minka

    25.2.4.1. Overview

    25.2.4.2. Products and Services

    25.2.4.3. Strategy

    25.2.4.4. Financial Performance

    25.2.5. Monte Carlo

    25.2.5.1. Overview

    25.2.5.2. Products and Services

    25.2.5.3. Strategy

    25.2.5.4. Financial Performance

    26. Key Mergers And Acquisitions In The Household Fans Market

    27. Household Fans Market Trends And Strategies

    28. Household Fans Market Future Outlook and Potential Analysis

    29. Appendix

    29.1. Abbreviations

    29.2. Currencies

    29.3. Research Inquiries

    29.4. The Business Research Company

    29.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Table 2: Global Forecast Market Growth, 2015-2023F, 2025F, 2030F, $ Billion
  • Table 3: Global Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 4: Global Household Fans Market, Segmentation By Type of Current, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 5: Global Household Fans Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 6: Global Household Fans Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 7: Global Household Fans Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 8: Global Household Fans Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 9: Asia-Pacific, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 10: China, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 11: India, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 12: Japan, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 13: Australia, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 14: Indonesia, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 15: South Korea, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 16: Western Europe, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 17: UK, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 18: Germany, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 19: France, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 20: Eastern Europe, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 21: Russia, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 22: North America, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 23: USA, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 24: South America, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 25: Brazil, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 26: Middle East, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 27: Africa, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 28: Hunter Fan Company Financial Performance
  • Table 29: Casablanca Financial Performance
  • Table 30: Emerson Ceiling Fans Financial Performance
  • Table 31: Minka Financial Performance
  • Table 32: Monte Carlo Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Figure 2: Global Forecast Market Growth, 2015-2023F, 2025F, 2030F, $ Billion
  • Figure 3: Global Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 4: Global Household Fans Market, Segmentation By Type of Current, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 5: Global Household Fans Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 6: Global Household Fans Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 7: Global Household Fans Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 8: Global Household Fans Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 9: Asia-Pacific, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 10: China, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 11: India, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 12: Japan, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 13: Australia, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 14: Indonesia, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 15: South Korea, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 16: Western Europe, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 17: UK, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 18: Germany, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 19: France, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 20: Eastern Europe, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 21: Russia, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 22: North America, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 23: USA, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 24: South America, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 25: Brazil, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 26: Middle East, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 27: Africa, Household Fans Market, Segmentation By Type Of Product, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 28: Hunter Fan Company Financial Performance
  • Figure 29: Casablanca Financial Performance
  • Figure 30: Emerson Ceiling Fans Financial Performance
  • Figure 31: Minka Financial Performance
  • Figure 32: Monte Carlo Financial Performance
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