There are different types of portable air coolers available in the industry. The demand for portable air coolers relies on the preference of customers which are based on product features, properties, and appearance. Industry players are offering a variety of portable air coolers with different designs and cooling capacity which provides customers a range of options to choose from as per their needs. These factors are expected to boost the growth of the global portable air cooler industry. The global portable air cooler industry is projected to register a significant growth rate of 6.1% from 2019 to 2024 to reach a industry value of USD 1.65 Billion by the end of 2024. The demand for different types of portable air coolers and other air-cooling devices are offering lucrative business opportunities to the industry players, encouraging product innovation.

The global portable air cooler industry has been segmented on the basis of category, end user, and distribution channel.

Based on category, the global portable air cooler industry has been segmented into automatic and semi-automatic. The semi-automatic segment is expected to dominate the global portable air cooler industry during the forecast period. Semi-automatic portable air coolers are affordable and easy to operate as compared to automatic ones which is expected to lead to the growth of the segment. Additionally, semi-automatic portable air coolers are used by most of the customers, and these coolers are widely available in stores; this assists the growth of semi-automatic portable air cooler segment. However, the automatic segment is expected to register the higher CAGR during the forecast period. The popularity of automatic portable air cooler equipped with remote control and weather monitoring feature is increasing among the customers, which is driving the growth of the automatic portable air cooler segment. Increasing per capita disposable income is encouraging the customers of the developing countries to purchase automatic air coolers, thereby boosting the growth of automatic portable air cooler segment.

Based on end user, the global portable air cooler industry has been segmented into residential and commercial. The residential segment is expected to dominate the global portable air cooler industry and register the higher CAGR during the assessment period. Portable air coolers are widely used in by consumers in residential spaces. Tower coolers, window coolers, and room coolers are mainly designed for residential uses. Different types of portable air coolers available in the industry for residential uses of customers are influencing the industry for portable air cooler globally. The commercial segment is expected to witness significant growth during the assessment period. In most of the commercial places, there is a popularity of split air conditioners, ductless mini-split systems and the central air conditioner. But in some commercial places such as hotels, some restaurants, and hospitals still air coolers are in use, particularly designed for commercial uses. These coolers are bigger in size and have more cooling capacity.

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On the basis of distribution channel, the global portable air cooler industry has been divided into store-based and non-store-based. The store-based segment has been further segmented into supermarkets and hypermarkets, specialty stores, and others. This segment is expected to dominate the global industry by generating the highest revenue owing to strong distribution networks and high brand value created by the industry players. The non-store-based segment is expected to register the higher CAGR during the assessment period owing to technological advancements across the e-commerce industry and growing customer preference for online shopping.