Press release
Household Vacuum Cleaners Market to reach USD 25.80 Bn by 2029, emerging at a CAGR of 5.95 percent and forecast 2023-2029
The study employs a rigorous research methodology to analyze the global household vacuum cleaners market. The approach ensures that decision-makers have access to accurate, data-driven insights for informed strategic planning. To learn more about the research methodology, please request a free sample report.
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Household Vacuum Cleaners Market Dynamics:
The major driving forces behind the growth of the global household vacuum cleaners market include rising living standards, a growing emphasis on hygiene and cleanliness, an increase in dual-income households, and time constraints for domestic chores. Additionally, economies of scale that reduce selling prices are propelling market expansion. However, challenges such as rising energy consumption and electricity costs, as well as the limitations of vacuum cleaners in handling complex structures, may hinder growth. Competition from alternative technologies like floor scrubbers and polishers also poses a challenge.
Household Vacuum Cleaners Market Regional Insights:
Regionally, the Asia Pacific household vacuum cleaners market is set to experience significant growth, driven by increasing health awareness and rising disposable incomes. North America is anticipated to see substantial growth due to the popularity of bag-less and multi-surface products. In Europe, market growth is expected due to a decrease in product lifetimes and increasing demand for both new and replacement products.
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Household Vacuum Cleaners Market Segmentation:
by Product Type
Upright
Canister
Central
Robotic
Drum
Wet & dry
by Type
Corded
Cordless
Household Vacuum Cleaners Market Key Players:
1. Bissell Inc.
2. Dyson Ltd.
3. Electrolux AB
4. Eureka Forbes
5. Haier Group Corporation
6. HausVac Inc.
7. iRobot Corporation
8. Koninklijke Philips N.V.
9. LG Electronics Inc.
10. Miele &Cie KG
11. Panasonic Corporation
12. Robert Bosch GmbH
13. Samsung Electronics Co., Ltd.
14. Oreck Corporation
15. BLACK&DECKER Inc.
16. Techtronic Industries Co. Ltd.
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Table of content for the Household Vacuum Cleaners Market includes:
Global Household Vacuum Cleaners Market : Research Methodology
Global Household Vacuum Cleaners Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Household Vacuum Cleaners Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size and Forecast by different segment | 2023-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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