Portable Blenders Market Size To Hit USD 225.1 Million By 2027

 San Francisco, 26 December 2024: The Report Portable Blenders Market Size, Share & Trends Analysis Report By Material (Plastic, Glass, Steel), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2020 - 2027

The global portable blenders market size is expected to reach USD 225.1 million by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 8.1% from 2020 to 2027. Rising demand for healthy drinks as a way of getting fit and better among adults is the key factor driving the market. Consumers over the world have been seeking portable and space-saving kitchen appliances owing to the changing lifestyle, hectic schedule, and lack of time to prepare food. Furthermore, an increasing number of dual-earner households across the globe have been boosting the demand for the product.

The portable blender offers a handy mini appliance for athletes and health-conscious individuals that enables them to prepare healthy beverages of their choice, which makes it ideal for mixing up protein shakes and smoothies. Moreover, the appliance can be transformed into a water bottle when not being used as a blender, thereby making it a dual-purpose appliance for busy and travel-friendly consumers.

In addition, the higher inclination of consumers residing in the kitchen fewer residences towards portable kitchen appliances has widened the scope of portable blenders among residential consumers. The rising popularity of people living alone has emerged the concepts of co-living spaces and hotel-style blocks, wherein people share communal spaces, such as living rooms and kitchens, resulting in a high potential for the ownership of portable small kitchen appliances, such as portable blenders.

Plastic portable blender held a 53.4% share of the global revenue in 2019. The increasing availability of BPA-free plastic products has been fueling the growth of the segment over the world. Consumers’ inclination towards durability in these products owing to the risk of breaking when dropped has made plastic portable blender a highly accessible product. For instance, Millo Appliances offers a cordless, portable, and smart blender, which utilizes BPA-free Tritan Plastic and anodized aluminum for aesthetic impact. The product has also been awarded as the winner in Home Appliances Design Category, 2019 - 2020.

The increasing number of new product launches is gaining consumer’s attention through high product visibility and innovative features. For instance, in January 2020, Lacomri introduced a premium quality cordless portable blender, which is designed to be recharged via USB. The product is available at the company portal as well as Amazon.

Access Research Report of Portable Blenders Market @ https://www.grandviewresearch.com/industry-analysis/portable-blenders-market

Portable Blenders Market Report Highlights

• Asia Pacific is expected to witness the fastest growth during forecast years with a CAGR of 9.0% from 2020 to 2027. The demand for the product is anticipated to grow due to an increase in the purchasing power of consumers, preference for healthy drinks, and a decline in consumption of sugary drinks
• Offline distribution channel dominated the market by accounting for 75.1% share in 2019
• Plastic material held the largest share of 53.4% in 2019 owing to its longer shelf life.

Portable Blenders Market Report Scope

Report Attribute	Details
Market size value in 2020	USD 123.5 million
Revenue forecast in 2027	USD 225.1 million
Growth Rate	CAGR of 8.1% from 2020 to 2027
Base year for estimation	2019
Historical data	2016 - 2018
Forecast period	2020 - 2027

List of Key Players of Portable Blenders Market

• Conair Cuisinart
• Pop Babies
• TOPQSC
• Oster
• BILACA
• Hamilton Beach
• Keyton
• Blufied
• NutriBullet
• BELLA 

Access Press Release of Portable Blenders Market @ https://www.grandviewresearch.com/press-release/global-portable-blenders-market

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

For More Information: https://www.grandviewresearch.com/horizon