Market Trends of Ceiling Fan Industry
This section covers the major market trends shaping the Ceiling Fan Market according to our research experts:
Standard Fan is Popular Among the Types
On the basis of product types, standard fans represent the most popular type of ceiling fans, accounting for more than half of the total global market. The popularity of standard fans can be attributed to their easy usage and cost-effectiveness. Standard fans are followed by decorative fans, high-speed fans, energy saving fans, and others.
Asia-Pacific Region is Dominating the Market
Asia Pacific region is taking a larger share in the geographic segment. Region-wise, China represents one of the largest producers and exporters of ceiling fans worldwide. Warm weather conditions along with the huge population are majorly propelling the consumption of ceiling fans in the region. It is followed by, Europe, the United States, and South America.
