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Bagless Vacuum Cleaner Market Overview Report 2018-28: Robotic Bagless Vacuum Cleaners to Foster Growth

08-17-2018 08:14 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

Fact.MR

Fact.MR

Busy lifestyle of people has led to the development of quick methods, such as bagless vacuum cleaners, for cleaning household as traditional cleaning not only takes time but also involves physical strain. With their cleaning applications across residential as well as commercial spaces, bagless vacuum cleaners are expected to witness significant surge in demand worldwide. In addition, stringent regulations laid by regulatory bodies, such as OSHA (Occupational Safety and Health Administration) and NFPA (National Fire Protection Association) regarding healthy atmosphere in indoors including home, commercial buildings and public entertainment spaces have led to significant adoption of advanced cleaning systems, consequently providing growth prospects for bagless vacuum cleaners market.

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A new study by Fact.MR has revealed the growth prospects and provided an opportunistic scenario for bagless vacuum cleaner market at the global front. The report forecasts that the bagless vacuum cleaner market is projected to rise at a steady CAGR of 4.7% throughout the period of assessment, 2018-2028. In addition, it reveals that the demand for bagless vacuum cleaners in emerging economies of Asia Pacific excluding Japan (APEJ) region is anticipated to spur at a significant rate, making APEJ a highly attractive market for bagless vacuum cleaners with their sales concentrated in the APEJ revenue pockets such as China and India.

Bagless Vacuum Cleaner Market: Robotic Bagless Vacuum Cleaners to Foster Growth

In the era of automation, another autonomous product is no big deal as bagless vacuum cleaners go robotic. New age technological advancements have led manufacturers of bagless vacuum cleaners to develop advanced versions of their products that can carry out operations without human intervention, making tasks more convenient and simpler for users of bagless vacuum cleaners. Robotic bagless vacuum cleaners are expected to witness a meteoric demand, which has pushed their market to new heights, as a consequence supporting the growth of the bagless vacuum cleaners market. Robotic bagless vacuum cleaners come with unique characteristic features that distinguish them from traditional bagless vacuum cleaners. For instance, the multi-floor mop robotic cleaner is developed to carry out cleaning and mopping – a simultaneously performed dual operation by this robotic bagless vacuum cleaner.

Bagless Vacuum Cleaner Market: Canisters Have a Clear Advantage, Upright Bagless Vacuum Cleaners Witness Slack

Bagless vacuum cleaner market has witnessed a shift from traditional upright bagless vacuum cleaners to their canister counterparts. In the past, upright bagless vacuum cleaners dominated the bagless vacuum cleaner market as they were the most preferred choice for cleaning mattresses and carpets. However, manufacturers, understanding the cons of upright bagless vacuum cleaners such as increased noise and heavy design that compromises efficiency, have developed canister bagless vacuum cleaners that are more powerful than their upright equivalents, with a lighter design hence easy to maneuver, more silent and come with variety of tools such as crevice nozzle, mechanized brush and upholstery brush to enhance their cleaning efficiency, particularly for thick carpets and rugs. This has impacted the market for upright bagless vacuum cleaners by inducing a slack in their demand. However, with growing sales of canister bagless vacuum cleaners, this slack can be offset, with little negative influence on the growth of the overall bagless vacuum cleaner market.

Bagless Vacuum Cleaner Market: High Initial Cost Confining Sales

With technological advancement favoring convenience and efficiency, comes the pricing aspect that can have an impeding effect on the product’s sales as customer’s purchasing power influences reluctance. Albeit several steps ahead of traditional counterparts, bagless vacuum cleaners come at high initial price. This is expected to inhibit the growth of the bagless vacuum cleaner market by confining sales of the product to a limited class of users. By far, high pricing remains a key growth deterrent for the bagless vacuum cleaners market worldwide.

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Table of Contents:

Chapter 1 Executive Summary
1.1 Bagless Vacuum Cleaner Market- Opportunity Assessment (US$ Mn)
1.2 Mega Trends

Chapter 2 Global Bagless Vacuum Cleaner Market Overview
2.1 Introduction
2.2 Market Definition
2.3 Scope of the report

Chapter 3 Market Dynamics
3.1. Key Growth Drivers
3.2. Key Growth Trends
3.3. Key Opportunity
3.4. Key Restraints
3.5. Competitive Analysis (Fortune Wheel)
3.6. Global Vacuum Cleaner Market Overview
3.7. Value Chain Analysis and Operating Margins
3.8. Investment Feasibility Matrix
3.9. Five Forces Analysis
3.10. PESTEL Analysis
3.11. Forecast Factors and Relevence of Impact
3.12. Macro-Economic Factors
3.13. Cost Structure
3.14. Region Wise Market Positioning Assessment
3.15. Competition Positionoing Index
3.16. Global Bagless Vacuum Cleaner Market Scenario Forecast
3.17. Key product Innovations in the Market
3.18. Key Participants Market Presence (Intensity Mapping) by Region

Chapter 4 Consumer Sentiment Analysis

Factors influencing target market behavior

Which specific brand is preferred by the consumers and why?

How consumers perceive the existing target market brands in terms of value for money and how important is brand for a customer?

Which factor would consumers like to change among the currently available target market products

Are consumers ready to pay premium price for target market product type?

Does social media influence customer’s decision making?

Which of the mode of advertisement does vendors prefer?

Which of the below mentioned social media platforms does companies prefers for branding?

What are the key challenges associated with the target market suppliers?

Others

Chapter 5 Global Bagless Vacuum Cleaner Market Analysis
5.1 Global Bagless Vacuum Cleaner Market Outlook
    5.1.1 Market Value (US$ Mn) and Volume (Units) Forecast and Analysis
    5.1.2 Price Index and Price Point Assessment
    5.1.3 Regional Demand Assessment
           5.1.3.1 Market Value Share by Region

Continued…………….

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About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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