Household Vacuum Cleaners Market is Expected to Reach $16,657 Million by 2022, Growing at a 4.7% CAGR
Household vacuum cleaners market is projected to reach $16,657 million by 2022. at a CAGR of 4.7%. Upright vacuum cleaners segment is estimated to dominate this market during the analysis period. Asia-Pacific accounted for more than one-third of the market in 2015 and would maintain its dominance throughout the forecast period.
At present, Asia-Pacific leads the household vacuum cleaners market, followed by Europe and North America. LAMEA is also expected to grow at a steady rate in the future. The growth in the household vacuum cleaners market is largely driven by the high purchasing parity in developing countries, preference for automated & less time-consuming cleaning options, and portability. The market is anticipated to grow for innovative robotic cleaners as they have minimum environmental and health hazards and they possess a high penetration in developing markets. Rise in awareness about a dust-free environment and the need for cleaning convenience result in rise in demand for vacuum cleaners.
Download Sample Copy: https://www.alliedmarketresearch.com/request-sample/1598
A wide range of household vacuum cleaners are available in the market, offering cost-saving cleaning solutions. Upright cleaners are most popular vacuum cleaners in the Asian market as they have high suction power and are suitable for big houses. Canister and stick vacuum cleaners are also popular, as they are capable for suction of tiny dust particles and pet hairs. Nowadays, vacuum cleaners are equipped with suction pipes that have small openings for pet hair cleaning, stacked on carpets.
The household vacuum cleaners market is segmented based on product type, mode of sale, and geography. It is analyzed across four regions, namely, North America, Europe, Asia-Pacific, and LAMEA, along with their prominent countries. Based on product type, the market is segmented into upright, canister, central, drum, wet/dry, robotic, and others. These vacuum cleaners are used for household cleaning purposes. Upright cleaners dominated the market with 30% market share in 2015. The robotics sector is expected to grow at a highest CAGR during the forecast period, owing to the rapidly increasing demand for automation by tech-savvy consumers.
Based on geography, Asia-Pacific is projected to dominate the market, due to rise in consumer preference to switch from conventional cleaning techniques to automated cleaning solutions. Rise in disposable income and growth in awareness about the benefits of vacuum cleaners are other factors that contribute to the market growth.
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/1598
Increase in health concerns and rise in awareness have augmented the demand for vacuum cleaners, thus resulting in the rise of demand for different types of vacuum cleaners. Canister cleaners are among the most common vacuum cleaners preferred by consumers.
The key players in the household vacuum cleaners market focus on expanding their business operations in the fast-growing emerging countries with new product launch as their preferred strategy. The major players profiled in this report include AB Electrolux, Haier Group Corp., LG Electronics, Inc., Miele & Cie. KG, Samsung Electronics Co., Ltd., Dyson Ltd., Bissell Inc., iRobot Corporation, Panasonic Corporation, and Koninklijke Philips N.V.
Read More: https://www.alliedmarketresearch.com/household-vacuum-cleaners-market
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada):
1-800-792-5285, 1-503-894-6022, 1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Follow us on: https://www.linkedin.com/company/allied-market-research
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Household Vacuum Cleaners Market is Expected to Reach $16,657 Million by 2022, Growing at a 4.7% CAGR here
News-ID: 1981650 • Views: 232
More Releases from Allied Market Research
North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ https://www.alliedmarketresearch.com/synthetic-biology-market Synthetic biology is at a nascent stage and has recently
More Releases for Household
Household Cleaning Equipment Market 2019-2023 By
Global Household Cleaning Equipment Market 2019-2023: The Global Household Cleaning Equipment Market report for the forecast period of 2017 – 2023 by MI Reports is a key insight into the Household Cleaning Equipment across various parameters. The solid research on the Household Cleaning Equipment is prepared with the aim to meet the requirements of the customer in terms of the availability of data, analytics, statistics, and an accurate forecast of the
High Net Worth Household Insurance Market 2018
"High Net Worth Household Insurance 2018", report provides an in-depth study into specialist home insurance products for wealthy individuals. The report outlines what a typical MNW and HNW home insurance product includes and how they are distributed. Key issues associated with the industry are addressed in addition to highlighting key market players, their products and latest developments. Get Free Sample Copy of this Research Report at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1477000 Within the UK household
Household Tissue Paper Products Market
Household Tissue Paper Products Market Overview Various tissue papers products are widely used for household purposes in many forms such as paper towels, napkins, toilet rolls and much more. Although the products used for the household purpose and away from home purpose is same, the market characteristics widely differ. Also, paper products are widely preferred due to their high availability, completely biodegradable and complete recyclable characteristics over plastics and textiles. Due
Household Vacuum Cleaning Robots Market 2018
Household Vacuum Cleaning Robots Market report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data. Global Household Vacuum Cleaning Robots Market, provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Household Vacuum Cleaning Robots Market analysis is provided for the international Industry including development trends,
Household Cleaners Market Trends and Outlook 2025
North America accounted for 30% of the global household cleaners market followed by Europe in 2016. These products have been already adopted for very long time in these developed markets as a result of existing awareness and importance of cleaners. Similarly, high standard of sustainable living lifestyle also appertains to maturity of these markets. However, increasing regulation on use of chemical cleaners has led to minimal growth in both of
UK Household Insurance-Distribution and Marketing 2017
ReportsWeb.com published “Household Insurance Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. "UK Household Insurance: Distribution and Marketing 2017", report explores consumer purchasing behavior and how consumer preferences are changing over time for contents, buildings, and combined cover. It highlights what is most influential to customers when