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Household Vacuum Cleaners Market Competitive Strategies, Estimates CAGR Analysis, Growth Factors and Regional Outlook For Players: Dyson, Eureka Forbes Ltd, BISSELL Homecare, Inc., Stanley Black & Decker, Inc. & LG Electronics
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Asia-Pacific leads the household vacuum cleaners market, and is expected to retain its dominance, during the forecast period. The consumers in developed markets, such as North America are replacing their conventional vacuum cleaners, with energy efficient and eco-friendly vacuum cleaners, which, in turn is supporting the growth of the household vacuum cleaners market in the region.
The household vacuum cleaners market can be categorized on the basis of product type, and region. On the basis of product type, the household vacuum cleaners market can be categorized, as robotic vacuum cleaners, canister vacuum cleaners, wet or dry vacuum cleaners, upright vacuum cleaners, drum vacuum cleaners, handheld vacuum cleaners, stick vacuum cleaners, and central vacuum cleaners.
The demand of vacuum cleaners using high efficiency particulate air filtration technology is increasing at a fast pace, in the developed markets. This is mostly due to the inability of the vacuum cleaners using standard filters to trap fine particles, such as pollen and pet dander, and also the dust and dirt spread in the air.
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Some of the competitors in the household vacuum cleaners market are Dyson Ltd., Eureka Forbes Ltd., BISSELL Homecare LLC, Oreck Corporation, Stanley Black & Decker Inc., LG Electronics Inc., Panasonic Corporation, AB Electrolux, Koninklijke Philips N.V., Haier Group, iRobot Corporation, Techtronic Industries Co. Ltd.; while Miele & Cie KG, and iRobot Corporation dominates the robotic vacuum cleaner market.
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