Pelonis

Pelonis Market Overview

Pelonis, owned by Midea Group (Shenzhen Stock Exchange: 000333), demonstrates significant in-store retail concentration with Menards commanding 85.7% of revenue share year-to-date, according to Grips Intelligence data from January through August 2026. The brand experienced notable headwinds during the analysis period, with revenue declining 37.5% overall and average product pricing dropping 20.1% since the start of the tracked timeframe. Price compression was particularly acute in the most recent month, with average prices falling 23.7% and revenue declining 50.2%, signaling intensifying competitive pressure across channels. Pelonis maintains a diversified portfolio spanning climate control and cooling appliances, with price points ranging from under $40 for compact fans to over $270 for portable air conditioning units.