Vacuum Cleaner Market was worth US$ 12.02 Bn in 2022 and total revenue is expected to grow at a rate of 9.6% CAGR from 2023 to 2029, reaching almost US$ 22.84 Bn in 2029.
Vacuum Cleaner Market Overview
The report insights about top players, market size, share, key drivers, challenges, opportunities, competitive landscape, market attractiveness analysis, new product launches, technological innovations, and growth contributors which helps to analyse the Vacuum Cleaner Market.
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Vacuum Cleaner Market Report Scope and Research Methodology
The qualitative and quantitative data collected by primary research resources, free and paid databases, surveys, Google forms, etc. is further analysed by tools such as SWOT and PESTLE analysis to understand the Vacuum Cleaner market.
Vacuum Cleaner Market Regional Insights
A regional analysis typically includes a precise examination of market trends, competitive landscape, consumer behaviour, and regulatory environment in each region.
Vacuum Cleaner Market Segmentation
The market is divided into Handheld, Canister, Upright, Stick, and Autonomous/Robot categories based on product type. Demand for robotics is anticipated to increase over the next years. New cleaning requirements and needs have emerged in reaction to the COVID-19 epidemic in order to free up the labor force for other jobs, particularly in hospitals. Such expectations have led to the development of robotic or autonomous vacuum cleaners in the commercial sector. Automatic charging, the smart home trend, and voice-activated directions offered by virtual assistants like Amazon Alexa and Google Assistant are characteristics that appeal to residential clients and end users.
The market is divided into two sub-segments: Commercial and Household, based on End use. With a 48% market share in 2022, the leading sector will be household vacuum cleaners. rising consumer living standards, the introduction of efficient appliances, rising consumer hygiene awareness, and rising income levels. The benefits of vacuum cleaner usage are becoming more widely known, which is encouraging low-income households to buy vacuum cleaners. During the predicted period, the commercial segment will experience moderate growth.
1 Global Vacuum Cleaner Market, by Product type (2022-2029)
• Green Vacuum Cleaner
• Stick
• Canister
• Upright
• Autonomous/Robot
2 Global Vacuum Cleaner Market, by End Use type (2022-2029)
• Commercial
• Household
3 Global Vacuum Cleaner Market, by Distribution Channel (2022-2029)
• Online
• Offline
4 Global Vacuum Cleaner Market, by Application (2022-2029)
• Industrial
• Residential
• Commercial
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Vacuum Cleaner Market Key Players
1.Haier Group Corp.
2.AB Electrolux
3.Samsung Electronics Co., Ltd.
4.LG Electroncis, Inc.
5.Dyson Ltd.
6.iRobot Corporation
7.Bissell Inc.
8.Koninklijke Philips
9.Panasonic Corporation
10.Techtronic Industries.
11.Miele & Cie. KG,
12.Dyson Ltd.
13.Eureka Forbes Ltd.
14.EXAIR Corporation
15.Josef Kränzle GmbH & Co. KG
16.Sibilia
17.American Vacuum Company
18.Debus GmbH
19.Ghibli & Wirbel SpA
20.Pullman-Ermator
21.Goodway
22.VAC-U-MAX
23.CS Unitec Inc.,
24.Oreck Corporation
25. Stanley Black & Decker Inc
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Key questions answered in Vacuum Cleaner Market are:
- What is the Vacuum Cleaner market size of the dominating region?
- What was the Vacuum Cleaner market size in 2022?
- What is the expected Vacuum Cleaner market size by 2029?
- What is the growth rate of the Vacuum Cleaner Market?
- Which are the factors expected to drive the Vacuum Cleaner market growth?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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