Press release
Household Vacuum Cleaners Market Forecast To 2028- By Upright, Stick, Canister, Robotic, Handheld, and Other products
According to the research report titled Household Vacuum Cleaners Market, available with The Insight Partners, Household Vacuum Cleaners Market was valued at US$ 41,490.9 million in 2020 and is anticipated to be worth US$ 58,439.6 million by 2028, expanding at 4.4% CAGR throughout. The study examines the market exhaustively and entails detailed information regarding the key factors stimulating market augmentation over the forecast timeframe. This information is supported with examples and instances taken from both primary and secondary sources.Household Vacuum Cleaners Market business sphere is studied extensively by fragmenting it based on product gamut, application scope, and region. Market share held, growth rate, and valuation of each segment, region, and country is enclosed as well. The document also makes inclusion of driving factors, restraining factors, and future trends that are likely to aid revenue inflow in the upcoming years by segment and region.
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Household vacuum cleaners is an electrical household appliance, which is used to the clean and remove debris from floors, upholstery, draperies, and other surfaces with the use of suction. The household vacuum cleaners are available in various sizes and shapes as well as in different type of models which is that includes upright, canister, handheld, and robotic, among others. To provide convenience, ease of use and efficient cleaning the household vacuum cleaners are available in cordless making it portable, which can be carried and used for cleaning different areas of the house.
Moreover, key companies contributing to Household Vacuum Cleaners Market valuation are studied thoroughly. The study entails a list of these companies along with exhaustive information regarding their offerings, strategic decisions such as partnerships, product launches, mergers & acquisitions and SWOT analysis.
Companies Mentioned:
A few of the key market players operating in the household vacuum cleaners market are BISSELL; Electrolux; Koninklijke Philips N.V.; Stanley Black & Decker, Inc.; Haier Group; Dyson Limited; Eureka Forbes; Groupe SEB; Miele; and Oreck Corporation. Major players in the market are focusing on strategies such as mergers and acquisitions and product launches to expand the geographic presence and consumer base.
Asia Pacific is the dominating as well as the fastest growing region for household vacuum cleaners market over the forecast period. This region is the centre for major manufacturers of household vacuum cleaners such as Eureka Forbes, Haier, Dyson, and Koninklijke Philips N.V, which is going to provide various growth opportunities for the household vacuum cleaners market in Asia Pacific. The hectic work life schedule along with the long working hours has increased the demand for smart home appliances, which will reduce manual effort of the households while doing the domestic chores. Along with this the shift in the consumer preference from traditional methods of cleaning to a modernized approach of cleaning is driving the growth of the household vacuum cleaner market in Asia Pacific. The increase in disposable income along with rapid urbanization in the region is driving the household vacuum cleaner market in Asia Pacific. Along with the consumer preference towards modernized cleaning approach the increase in the awareness related to the household hygiene, and rising trend of automation in day-to-day activities to save time are providing lucrative opportunities for the household vacuum cleaners market in Asia -Pacific.
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MARKET SEGMENTATION
by Product
Upright
Canister
Handheld
Robotic
Stick
Others
by Type
Corded
Cordless
by Distribution Channel
Offline
Online
Report Spotlights
• Progressive trends in the household vacuum cleaners industry to help players develop effective long-term strategies
• Business growth strategies adopted by companies to secure growth in developed and developing markets
• Quantitative analysis of the global household vacuum cleaners market from 2019 to 2028
• Estimation of the demand for household vacuum cleaners across various industries
• PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
• Recent developments to understand the competitive market scenario and the demand for household vacuum cleaners
• Market trends and outlook coupled with factors driving and restraining the growth of the household vacuum cleaners market
• Understanding regarding the strategies that underpin commercial interest with regard to global household vacuum cleaners market growth, aiding in the decision-making process
• Household vacuum cleaners market size at various nodes of market
• Detailed overview and segmentation of the global household vacuum cleaners market as well as its industry dynamics
• Household vacuum cleaners market size in various regions with promising growth opportunities
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Phone: +1-646-491-9876
About US:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Food and Beverages, Consumers Goods, Chemicals and Materials.
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