Personal Cooling Device Market Size Worth $9.90 Billion By 2032 | CAGR: 4.8%

The global personal cooling device market size is expected to reach USD 9.90 billion by 2032, according to a new study by Polaris Market Research. The report “Personal Cooling Device Market Share, Size, Trends, Industry Analysis Report, By Product (Handheld Cooling Devices, Personal Air Conditioner/Desk Fans, Others); By Distribution Channel; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Asia-Pacific is expected to experience significant growth during the forecast period. Asia is experiencing rapid urbanization, with a significant portion of the population residing in densely populated cities. This urban shift exposes individuals to increased heat levels, both indoors and outdoors. As a result, personal cooling devices play a vital role in providing relief and comfort for urban dwellers.

Personal cooling devices are in demand by individuals adapting to changing climate conditions. Heatwaves and extreme weather events have become more frequent in Asia, emphasizing the importance of these devices in managing heat-related discomfort and health concerns. The region's aging population has led to a heightened focus on health and well-being. Personal cooling devices are increasingly sought after by individuals looking to manage heat sensitivity, alleviate menopausal symptoms, and address medical conditions that are exacerbated by high temperatures.

Asia is experiencing a resurgence in outdoor activities and tourism. Personal cooling devices cater to individuals seeking comfort during their outdoor adventures, whether for leisure or work. Asia has also experienced a growing emphasis on sustainability and environmental consciousness. This has spurred the development of eco-friendly personal cooling solutions, aligning with the region's commitment to reducing environmental impact and energy consumption.

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Personal cooling devices play a vital role in helping individuals adapt to changing climate conditions. Continuous technological advancements hold the potential to develop even more efficient, environmentally friendly, and feature-rich personal cooling devices. Investing in research and development further enhances the market. The rising emphasis on sustainability and eco-friendliness presents an opportunity for the development of greener cooling solutions. This includes materials, manufacturing processes, and energy efficiency.

E-commerce platforms provide global accessibility. Market players are investing in expanding sales efforts to reach a wider customer base, including international markets, stimulating growth. The increasing prevalence of remote work arrangements creates opportunities for personal cooling devices to optimize home office environments. Tailoring products and marketing toward remote workers is observed. The integration of smart features, including IoT connectivity and user-friendly applications, enhances user convenience.

Personal Cooling Device Market Report Highlights

• The personal air conditioner/desk fans segment accounted for the largest market share in 2022, which is mainly driven by rising temperatures, office and home use, and increased work-from-home trends
• The online segment is expected to experience significant growth during the forecast period, mainly due to global accessibility, convenience, and innovative marketing
• North America region dominated the market with a majority share in 2022, owing to growing awareness regarding health and wellness, the surge in outdoor activities, and technological advancements
• The global key market players include Bajaj Electricals Ltd., Seeley International, Carrier Global Corporation, De'Longhi S.p.A., Dyson Ltd., Evapolar Ltd., Fujitsu General Limited, Gree Electric Appliances Inc. of Zhuhai, Haier Group Corporation, Havells India Ltd., among others

Polaris Market Research has segmented the personal cooling device market report based on product, distribution channel, and region:

Personal Cooling Device, Product Outlook (Revenue - USD Billion, 2019 - 2032)

• Handheld Cooling Devices
• Personal Air Conditioner/Desk Fans
• Others

Personal Cooling Device, Distribution Channel Outlook (Revenue - USD Billion, 2019 - 2032)

• Offline
• Online

Personal Cooling Device, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America

• U.S.
• Canada

• Europe

• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands

• Asia Pacific

• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia

• Latin America

• Argentina
• Brazil
• Mexico

• Middle East & Africa

• UAE
• Saudi Arabia
• Israel
• South Africa

Personal Cooling Device Market Report Scope