Product Code: ETC013009 | Publication Date: Jun 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines Fans Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 12.01% in 2025, the market peaks at 17.03% in 2028, and settles at 14.90% by 2029.
Philippines's Fans market is anticipated to experience a exponential growth rate of 16.55% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Philippines is one of the most vibrant and fast-growing markets for fans in Asia. In 2019, the market was estimated at over 5 million units, showing a CAGR of 9.6% from 2015 to 2019. The growth has been driven by rising incomes, increased urbanization and consumer preference for energy efficient products. Local manufacturers have also taken advantage of the local demand with their high quality products that are available at competitive prices. With more brands entering the market, fan sales are expected to grow further in 2020 and beyond as consumers continue to upgrade to newer models with added features such as remote control or IoT connectivity options.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Fans Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Fans Market Revenues & Volume, 2019 & 2026F |
3.3 Philippines Fans Market - Industry Life Cycle |
3.4 Philippines Fans Market - Porter's Five Forces |
3.5 Philippines Fans Market Revenues & Volume Share, By Types, 2019 & 2026F |
3.6 Philippines Fans Market Revenues & Volume Share, By Application, 2019 & 2026F |
4 Philippines Fans Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Fans Market Trends |
6 Philippines Fans Market, By Types |
6.1 Philippines Fans Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Philippines Fans Market Revenues & Volume, By Types, 2016 - 2026F |
6.1.3 Philippines Fans Market Revenues & Volume, By Axial, 2016 - 2026F |
6.1.4 Philippines Fans Market Revenues & Volume, By Centrifugal , 2016 - 2026F |
6.1.5 Philippines Fans Market Revenues & Volume, By Cross Flow, 2016 - 2026F |
6.2 Philippines Fans Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Fans Market Revenues & Volume, By Commercial, 2016 - 2026F |
6.2.3 Philippines Fans Market Revenues & Volume, By Industrial, 2016 - 2026F |
6.2.4 Philippines Fans Market Revenues & Volume, By Residential, 2016 - 2026F |
7 Philippines Fans Market Import-Export Trade Statistics |
7.1 Philippines Fans Market Export to Major Countries |
7.2 Philippines Fans Market Imports from Major Countries |
8 Philippines Fans Market Key Performance Indicators |
9 Philippines Fans Market - Opportunity Assessment |
9.1 Philippines Fans Market Opportunity Assessment, By Types, 2019 & 2026F |
9.2 Philippines Fans Market Opportunity Assessment, By Application, 2019 & 2026F |
10 Philippines Fans Market - Competitive Landscape |
10.1 Philippines Fans Market Revenue Share, By Companies, 2019 |
10.2 Philippines Fans Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |