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Global Personal Cooling Device Market Share, Price, Trends, Growth, Analysis, Key Players, Outlook, Report, Forecast 2023-2028

The new report by Expert Market Research titled, ‘Global Personal Cooling Device Market Share, Report and Forecast 2023-2028’, gives an in-depth analysis of the global personal cooling device market, assessing the personal cooling device market based on its segments like product types, distribution channels, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/personal-cooling-device-market/requestsample

The key highlights of the report include:

Market Overview (2018-2028)

  • Historical Market Size (2021): About USD 6.4 million
  • Forecast CAGR (2023-2028): 2%
  • Forecast Market Size (2027): Nearly USD 8.7 million

The global market for personal cooling devices is being driven by the growing dominance of handheld cooling devices. This can be associated with the easy availability of a variety of styles which allow users easy handling, easy operations, and superior cooling. In addition, handheld cooling devices are increasingly adopted by employees working in hot and humid environments to augment comfort and productivity, hence adding to the market.

Moreover, the Asia Pacific region is anticipated to hold a significant share in the market growth of personal cooling devices. This can be ascribed to the increased adoption of personal cooling devices by the people due to the hot and humid weather conditions in the region. Moreover, owing to the strong penetration of leading market manufacturers, the Asia Pacific region is quickly becoming one of the leading providers of personal cooling devices in the worldwide market.

Industry Definition and Segmentation

 Personal cooling devices refer to cooling equipment that are energy efficient and cost-friendly. These devices provide comfort to the user without disrupting the ambience of the room.

On the basis of product, the market can be segmented into:

  • Personalised Air Conditioner/ Desk Fans
  • Handheld Cooling Device

The market, based on distribution channel, can be divided into:

  • Online
    • E-Commerce Websites
    • Company Owned Websites
  • Offline
    • Hypermarkets/Supermarkets
    • Speciality Stores
    • Others

 The regional markets for personal cooling devices include:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Market Trends

The increasing applications of personal cooling devices in motorcycles are driving market growth. The device pushes the cold and hot air inside the wearable jacket, thus providing the rider with a comfortable ride. In addition, the growing demand for comfort in long rides is further pushing forward the growth of the market.

Further, the deployment of personal cooling devices in automobiles to cool the engine after prolonged periods of operation is also aiding the market growth. The market growth can further be associated with the implementation of stringent vehicle laws, promoting the adoption of personal cooling devices.

Key Market Players

The major players in the market are Honeywell International Inc., O2Cool, Sunbeam Products, Inc., Havells India Ltd., Evapolar Ltd, and AMBIENT THERAPEUTICS INC., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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