Press release
Household Vacuum Cleaners Market to value $58,439.6 mn by 2028| On-Going Trends, Revenue Generated, Prominent Players, Competitive Landscape-BISSELL, Electrolux, Koninklijke Philips N.V.
Household Vacuum Cleaners Market research report provides key analysis on the market standing of the Household Vacuum Cleaners makers with market size, growth, share, trends also as business price structure. This Household Vacuum Cleaners market report offers out the info for Household Vacuum Cleaners business regarding company profile, product specifications, capacity, production price, and market shares for every company for the year 2022 to 2028 beneath the competitive analysis study. The report brings into focus many aspects associated with business and market. Few of those may be listed here as market definition, market segmentation, competitive analysis and analysis methodology.The Household Vacuum Cleaners Market was valued at US$ 41,490.9 million in 2020 and is projected to reach US$ 58,439.6 million by 2028; it is expected to grow at a CAGR of 4.4% from 2021 to 2028.
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Highlighted with 150-page report Household Vacuum Cleaners Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Upright, Stick, Canister, Robotic, Handheld, and Others), Type (Corded and Cordless), and Distribution Channel (Offline and Online) and Industry Research report presents an in-depth analysis of the Household Vacuum Cleaners market size, growth, share, segments, companies, and technologies, key trends, market drivers, challenges, opportunities & 2028 forecast. Trend Forecast and Growth Opportunity is based on comprehensive research of the entire global Household Vacuum Cleaners market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.
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.
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.
Key Players (this may not be a complete list and extra companies can be added upon request):
BISSELL
Electrolux
Koninklijke Philips N.V.
Stanley Black & Decker, Inc.
Haier Group
Dyson Limited
Eureka Forbes
Groupe SEB
Household Vacuum Cleaners Market report displays data on key players, major collaborations, merger & acquisitions along with trending innovation and business policies. The report highlights current and future market trends and carries out analysis of the effect of buyers, substitutes, new entrants, competitors, and suppliers on the market. The key topics that have been explained in this Household Vacuum Cleaners market report include market definition, market segmentation, key developments, competitive analysis and research methodology. To accomplish maximum return on investment (ROI), it's very essential to be acquainted with market parameters such as brand awareness, market landscape, possible future issues, industry trends and customer behavior where this Household Vacuum Cleaners report comes into play
In-depth qualitative analyses include identification and investigation of the following aspects:
Market Structure
Growth Drivers
Restraints and Challenges
Emerging Product Trends & Market Opportunities
Porter's Fiver Forces
Key Players (this may not be a complete list and extra companies can be added upon request):
BISSELL
Electrolux
Koninklijke Philips N.V.
Stanley Black & Decker, Inc.
Haier Group
Dyson Limited
Eureka Forbes
Groupe SEB
Household Vacuum Cleaners Market report displays data on key players, major collaborations, merger & acquisitions along with trending innovation and business policies. The report highlights current and future market trends and carries out analysis of the effect of buyers, substitutes, new entrants, competitors, and suppliers on the market. The key topics that have been explained in this Household Vacuum Cleaners market report include market definition, market segmentation, key developments, competitive analysis and research methodology. To accomplish maximum return on investment (ROI), it's very essential to be acquainted with market parameters such as brand awareness, market landscape, possible future issues, industry trends and customer behavior where this Household Vacuum Cleaners report comes into play
Market Insights
Growing Preference for Vacuum Cleaners for Maintaining Hygiene
Cleaning houses manually has been a conventional method of maintaining hygiene and cleanliness at home. However, houses can be cleaned more effectively and in much less time with the help of household vacuum cleaners, compared to traditional ways of cleaning. However, the need for vacuum cleaners in the household is not just limited to cleaning, nowadays, as the devices are also being considered to keep the environment germ-free. Vacuum cleaners not only provide better and more effective means of cleaning floors but also purify the air. Companies are investing in R&D to introduce new household vacuum cleaners with advanced motor technologies to further enhance the machine's energyefficiency and performance. For instance, in September 2019, Miele announced its new cordless household vacuum cleaner with built-in high-efficiency particulate absorbing (HEPA) filters. The HEPA filters significantly enhance indoor air quality and reduce the chances of allergies and asthma by preventing the release of pollutants in air. As a result, the growing preference for household vacuum cleaners for maintaining hygiene is propelling the market growth.
Type Insights
Based on type, the household vacuum cleaners market is segmented into corded and cordless. In 2020, corded vacuum cleaners segment dominated the household vacuum cleaners market. Corded vacuum cleaners feature high suction powers as they are plugged into the main power supply. Upright, stick, wet and dry, and canister vacuum cleaners are the major products that are offered in corded variants. The corded vacuum cleaners are a suitable choice for cleaning bigger spaces. The dust capacity of the corded vacuum cleaners is higher than the cordless ones. The corded vacuum cleaners are portable up to a certain extent, as the portable corded vacuum cleaner are available with power cord of considerable length such as the Eureka Forbes multiclean vacuum cleaner having a power cord of approximately 16 feet. Wrapping up the cord is one of the major issues faced by consumers while using this type of cleaner.
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Industry Segmentation:
Household Vacuum Cleaners Market, by Product
Upright
Canister
Handheld
Robotic
Stick
Others
Household Vacuum Cleaners Market, by Type
Corded
Cordless
Household Vacuum Cleaners Market, by Distribution Channel
Offline
Online
Geographically, the following regions together with the listed national/local markets are fully investigated:
APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
North America (U.S., Canada, and Mexico)
South America (Brazil, Chile, Argentina, Rest of South America)
RoW (Saudi Arabia, UAE, Egypt)
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