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Asia Pacific Vacuum Cleaner Market Growth, Size, Share and Forecast 2020-2026

11-30-2020 02:15 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The Asia-Pacific vacuum cleaner market is anticipated to grow at a considerable CAGR of 5.6% during the forecast period (2020-2026). The growth of the market across the region is attributed to the growing urban population coupled with the increasing disposable income. Additionally, the adoption of vacuum cleaners as a luxury item is increasing in countries such as India, and China. Still, these countries hold immense potential for the penetration of vacuum cleaner’s in the upcoming years. Domestic companies have a significant market share in Asia Pacific. For instance, Eureka Forbes Ltd. occupies 89% of the Indian vacuum cleaner market in FY2019. Hence, the untapped potential of the market is attracting various global companies towards the Asia-Pacific. For instance, in 2019, Electrolux AB has opened a new office in Delhi, India which will aid the company is reaffirming its long-term strategic commitment to India.

A full report of Asia Pacific Vacuum Cleaner Market is available at: https://www.omrglobal.com/industry-reports/asia-pacific-vacuum-cleaner-market

Furthermore, global companies are increasing their product offering in the regional market. For instance, in March 2018, Dyson Ltd. launched a cordless vacuum cleaner Cyclone V10 with advanced motor technology in Beijing, China. With this launch company is aiming to further strengthen its position across the region’s cleaning market.

To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/asia-pacific-vacuum-cleaner-market

Market Coverage

• The market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered-
o By Product Type
o By Type
o By Technology
o By Distribution Channel
• Regions Covered-
o India
o China
o Japan
o Rest of Asia-Pacific
• Competitive Landscape- Alfred Karcher SE & Co. KG, Dyson Ltd., Electrolux AB, Eureka Forbes Ltd., Koninklijke Philips N.V, LG Electronics Inc., Panasonic Corp

Key questions addressed by the report

• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/asia-pacific-vacuum-cleaner-market

Asia-Pacific Vacuum Cleaner Market Report Segment

By Product Type

• Handheld Vacuum
• Canister Vacuum
• Upright Vacuum
• Stick Vacuum
• Autonomous / Robot Vacuum

By Type

• Bagged
• Bagless

By Technology

• Wet
• Dry

By Sales Channel

• Online
• Offline

Asia-Pacific Vacuum Cleaner Market Report Segment by Region

• India
• China
• Japan
• Rest of Asia-Pacific

Company Profiles

• Alfred Karcher SE & Co. KG
• Black+Decker Inc.
• BISSELL Inc.
• Dyson Ltd.
• Ecovacs Robotics, Inc.
• Electrolux AB
• Eureka Forbes Ltd.
• Haier Group Corp.
• iRobot Corp.
• Kent RO System Inc.
• Koninklijke Philips N.V
• LG Electronics Inc.
• Milagrow Business & Knowledge Solutions (Pvt.) Ltd.
• Panasonic Corp.
• Samsung Electronics Co., Ltd.
• TTK Prestige Ltd.
• Xiaomi Corp.

Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit https://www.omrglobal.com

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