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Global Cordless Vacuum Cleaner Market: Business overview, application and specification, sales, revenue, price and gross margin to forecast year 2018-2025

11-21-2018 07:53 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: QY Research, Inc. 

Global Cordless Vacuum Cleaner Market: Business overview,

This study researches the market size of Cordless Vacuum Cleaner, presents the global Cordless Vacuum Cleaner sales and revenue by companies, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
This report focuses on the key data information of Cordless Vacuum Cleaner in key regions like North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, presents sales, revenue, market share, growth rate of Cordless Vacuum Cleaner for each region and countries in each region.

For top companies, this report investigates and analyzes the sales, revenue, market share and growth rate for the top players, key data from 2013 to 2018.

This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.

This report studies the Cordless Vacuum Cleaner market. A vacuum cleaner is a device that uses an air pump to create a partial vacuum to suck up dust and dirt, usually from floors, and from other surfaces such as upholstery and draperies. The dirt is collected by either a dust bag or a cyclone for later disposal. Vacuum cleaners, which are used in homes as well as in industry, exist in a variety of sizes and models—small battery-powered hand-held devices, wheeled canister models for home use, domestic central vacuum cleaners, huge stationary industrial appliances that can handle several hundred litres of dust before being emptied, and self-propelled vacuum trucks for recovery of large spills or removal of contaminated soil. Specialized shop vacuums can be used to suck up both dust and liquids.

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Based on end-use market, residential segment dominated the market during 2017, with a market share of over 88.13%, with the rise in disposable income and rising health awareness, improved standards of living. Growing sales is also seen in commercial use sector, such as offices, hotels, restaurants and etc.

In terms of percentage share contribution by product category, the hybrid cordless vacuum cleaner segment is expected to account for 80.56% by 2023, emerging as the leading segment by value. The growing market for cordless vacuum cleaners has also attracted new entrants with customized products and improved features. Existing vendors are also striving to expand their product portfolio, to have a better reach of the market.

Currently, the cordless vacuum cleaner consumption market is mainly concentrated in Europe and North America. China is major production base for cordless vacuum cleaner products, well-known foreign brands have set up joint ventures in China or looking for OEM and ODM partners. In 2017, North America totally occupied global 41.94% market consumption share, with about 5866.1 K Units sold, which is forecast to reach 9483.8 K Units in 2023, with a growth rate of 11.38%.

In 2018, the global Cordless Vacuum Cleaner market size was 2010 million US$ and is forecast to 5040 million US in 2025, growing at a CAGR of 12.2% from 2018. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Cordless Vacuum Cleaner.

This report includes the following manufacturers; we can also add the other companies as you want.

Bissell

Stanley Black & Decker

TTI

Dyson

GlenDimplex

Bosch

Philips

Electrolux

Gtech

SharkNinja

Puppyoo

Market Segment by Product Type

Cordless Stick

Cordless Handheld

Hybrid Options

Market Segment by Application

Household

Commercial

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