Asia Pacific Ceiling Fans Market Key Players and Forecast by 2027

Historic Data: 2017-2018   |   Base Year: 2019   |   Forecast Period: 2020-2027

Asia Pacific Ceiling Fans Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product (Standard and Decorative), Fan Size (Small, Medium, and Large), and End-User (Residential, Commercial, and Industrial)

  • Report Date : May 2021
  • Report Code : TIPRE00022089
  • Category : Consumer Goods
  • Status : Published
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 100

The ceiling fans market in APAC is expected to grow from US$ 4,352.58 million in 2019 to US$ 7,099.59 million by 2027; it is estimated to grow at a CAGR of 6.4% from 2020 to 2027.



France, Australia, China, India, Japan, and South Korea are major economies in APAC. Rising urbanization in developing countries is the major factor driving the APAC ceiling fans market. Urbanization in emerging and developing countries such as China and India are projected to play a crucial role in fostering the development of new residential buildings. For instance, new schemes to provide shelter to low- and middle-income groups are being introduced by the governments of China and India. Moreover, over the last few years, private and public sector banks in these countries have offered lower interest rates and low-down payment for home loans. As a result, buyers are steadily spending on buying new apartments and stand-alone homes and this trend of buying new apartments or houses is expected to stimulate the use of ceiling fans over the next few years. Governments of various countries are implementing schemes to provide electricity to rural households. For instance, in 2018, India's Government started an initiative to provide electricity to 100% of households. Further, the Chinese government began offering shelter to low-and middle-income groups in 2018. These progressive policies are expected to play a key role in growing the business reach of rural households over the next few years. Furthermore, increased infrastructure initiatives by governing bodies in developing countries are raising the market for ceiling fans in residential and commercial areas. With rising urbanization, these infrastructure development activities will bolster demand in the coming years.  

Because of a massive rising number of cases the APAC region is greatly affected by COVID-19. The region also homes the largest population across the world, thereby imposing greater risk of many individuals; it is also a world leader of many brands. According to the Organization for Economic Co-operation and Development (OECD), the pandemic has also affected other major economies outside China, such as India, Australia and Japan, and the region is thus experiencing a downward inflation. The sudden closedown of all economic activities which includes manufacturing plants of both essential products and luxurious items has impacted the overall economy of the countries in the region. China being the manufacturing hub of the world has many major players and distributers located in the country. The temporary shutdown of supply chain to manufacturers of the ceiling fans is expected to negatively impact the market. Additionally, the reduction in demand from commercial sector has been observed across countries like India. This decrease in demand, combined with slow recovery, would have a negative effect on the ceiling fans market across the region owing to the pandemic.   

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC ceiling fans market. The Asia Pacific ceiling fans market is expected to grow at a good CAGR during the forecast period21764-img1
  • This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

APAC Ceiling Fans Market Segmentation

APAC Ceiling Fans Market – By Product

  • Standard
  • Decorative

APAC Ceiling Fans Market – By Fan Size

  • Small
  • Medium
  • Large

APAC Ceiling Fans Market – By End-User

  • Residential
  • Commercial
  • Industrial

APAC Ceiling Fans Market, by Country

  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC   

APAC Ceiling Fans Market - Companies Mentioned

  • Big Ass Fans
  • Crompton Greaves Consumer Electricals Limited
  • Fantasia Ceiling Fans
  • Havells India Ltd.
  • Hunter Fan Company
  • Minka Lighting Inc.
  • Panasonic Corporation
  • Westinghouse Electric Corporation

Asia Pacific Ceiling Fans Report Scope

Report Attribute Details
Market size in 2019 US$ 4,352.58 Million
Market Size by 2027 US$ 7,099.59 Million
Global CAGR (2020 - 2027) 6.4%
Historical Data 2017-2018
Forecast period 2020-2027
Segments Covered By Product
  • Standard and Decorative
By Fan Size
  • Small
  • Medium
  • Large
By End-User
  • Residential
  • Commercial
  • Industrial
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • Big Ass Fans
  • Crompton Greaves Consumer Electricals Limited
  • Fantasia Ceiling Fans
  • Havells India Ltd.
  • Hunter Fan Company
  • Minka Lighting Inc.
  • Panasonic Corporation
  • Westinghouse Electric Corporation
  • Shejal Jamdade
    Shejal Jamdade
    Associate Vice President,
    Market Research & Consulting

    With over 12 years of experience in managing custom research projects, Shejal is a seasoned research professional with deep cross-sector expertise spanning Chemicals & Materials, Food & Beverages, Biotechnology, and Consumer Goods. She excels in end-to-end project management, advanced data modelling, and providing strategic support to clients.

    Shejal has successfully led a wide range of high-impact research engagements, consistently guiding clients through complex business challenges and enabling informed decision-making. Her ability to blend analytical rigor with industry knowledge has made her a trusted advisor for clients seeking data-driven strategies and actionable insights. Dedicated to excellence and precision, Shejal continues to play a pivotal role in transforming business objectives into research-driven outcomes.

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset

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    The List of Companies - Asia Pacific Ceiling Fans Market

    1. Big Ass Fans
    2. Crompton Greaves Consumer Electricals Limited
    3. Fantasia Ceiling Fans
    4. Havells India Ltd.
    5. Hunter Fan Company
    6. Minka Lighting Inc.
    7. Panasonic Corporation
    8. Westinghouse Electric Corporation
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