Press release
Household Vacuum Cleaners Market to Record 25.1 % Industry Share Via Upright Sector By 2024
Household Vacuum Cleaners Market
However, high power supply charges per unit are predicted to hinder the global household vacuum cleaners market growth as these equipments utilize significant proportion of power for its functions. Countries with relatively low average disposable incomes (or low per capita incomes) are cost sensitive and hence high energy consumption by these items can discourage consumers to purchase these items. All these factors can also hinder the industry growth.
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Household vacuum cleaners market for canister segment is predicted to witness substantial expansion as the equipment is user friendly and can easily be handled. It is anticipated to evaluated at more than $4.6 billion till end of forecast timeline and register CAGR of 3.91% during forecast timeframe.
Household Vacuum Cleaners market size is expected to grow at a rate of 4.6% over the period of 2016-2024. Changing urban lifestyles and demand for precise & real time technologies will mainly drive the household vacuum cleaners industry size over the coming timeframe. Tight schedule and active lifestyle makes time saving mandatory. Dual-earning families and middle income groups will face time-constraints to manage household chores. Therefore, accomplishing everyday domiciliary tasks besides the hectic work schedule will propel household vacuum cleaners industry growth.
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Major household vacuum cleaners comprise Upright, Canister, Central, Drum, Wet/Dry, and Robotic cleaners. Robotic household vacuum cleaners market share will reach USD 3.5 billion by 2024, owing to its innovative features such as acoustic sensors, automated mapping capabilities, self-charging, and sweeping brushes. High demand for mobile support applications is expected to drive its growth over the coming years.
Table of Contents:
Chapter 4. Household Vacuum Cleaners Market, By Product
4.1. Household vacuum cleaners market share by product, 2015 & 2024
4.2. Cordless
4.2.1. Global demand by region, 2013 - 2024
4.3. Upright
4.3.1. Global demand by region, 2013 - 202
4.4. Canister
4.4.1. Global demand by region, 2013 - 2024
4.5. Central
4.5.1. Global demand by region, 2013 - 2024
4.6. Drum
4.6.1. Global demand by region, 2013 - 2024
4.7. Wet/dry
4.7.1. Global demand by region, 2013 - 2024
4.8. Robotic
4.8.1. Global demand by region, 2013 - 2024
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/household-vacuum-cleaners-market
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