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Global Cordless Vacuum Cleaner Market 2019 is growing at a CAGR of 13.3% upto 2024 and expected to reach around USD 4250 million globally by 2024

02-14-2019 12:12 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Apex Market Research

Global Cordless Vacuum Cleaner Market

Global Cordless Vacuum Cleaner Market

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%.

The worldwide market for Cordless Vacuum Cleaner is expected to grow at a CAGR of roughly 13.3% over the next five years, will reach 4250 million US$ in 2024, from 2010 million US$ in 2019.

Apex Market Research, recently published a detailed market research study focused on the “Cordless Vacuum Cleaner Market 2019” across the global, regional and country level. Cordless Vacuum Cleaner Market Research Report highlights extensive market insights of the Cordless Vacuum Cleaner industry, which offers definitions and a diverse range of market structures and characteristics, historic and present market values along with the expected future growth of the Cordless Vacuum Cleaner market for the forecast period. The study shares “Cordless Vacuum Cleaner ” performance both in terms of volume and revenue.

Key Manufacturers Analysis of This Report
Bissell
Stanley Black & Decker
TTI
Dyson
GlenDimplex
Bosch
Philips
Electrolux
Gtech
SharkNinja
Puppyoo

Get Free Sample Copy of Report Here: https://goo.gl/D4FGvy

The report exhibits Cordless Vacuum Cleaner market across diverse regions (including the regions India, Japan, South East Asia, Europe, China and USA). In this section, major attributes such as region-wise Cordless Vacuum Cleaner production value and techniques, consumption, export/import details, growth rate from 2013 to 2018, market structure and status and SWOT analysis are included. Moreover, the research study categorizes the Cordless Vacuum Cleaner Market based on major product types, application and end users industries of Cordless Vacuum Cleaner . Besides, the report also covers geographical segregation for Cordless Vacuum Cleaner Market. The report further provides production, capacity, price per region, gross margin, production cost, for all major regions and countries listed in report.

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Cordless Stick
Cordless Handheld
Hybrid Options

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Household
Commercial

The competitive landscape of the global market for Cordless Vacuum Cleaner is analyzed by assessing the major industry participants, production capacity, production capacity utilization rate, Cordless Vacuum Cleaner Market’s production chain, pricing by each manufacturer and the revenue produced by each manufacturer in the Cordless Vacuum Cleaner Market globally.

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The Global Cordless Vacuum Cleaner Market 2019 is further emphasis on the basis of product pricing, Cordless Vacuum Cleaner production volume, data pertaining to demand and Cordless Vacuum Cleaner supply, and the revenue garnered by the product. The report offers upstream and downstream analysis covering major raw material used in manufacturing of Cordless Vacuum Cleaner along with detailed manufacturing sources. The report also offers list of major raw material manufacturers along with their manufacturing locations. Comprehensive raw material price trend analysis along with manufacturing cost analysis is also incorporated into the report. Diverse methodical tools such as investment returns, feasibility, SWOT analysis and market attractiveness analysis has been implemented in the research study to show a comprehensive, detailed research study of the industry for Cordless Vacuum Cleaner across the globe.

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