Press release
Vacuum Cleaner Market to Reach USD 22.84 Bn by 2029, emerging at a CAGR of 9.6 percent and forecast 2023-2029
Vacuum Cleaner Market
The report provides an in-depth analysis of the vacuum cleaner market, highlighting the dynamic shifts in consumer behavior and the integration of novel technologies in cleaning equipment. From smart apps to robotic technology, the sector is embracing innovation to unlock new value from data generated across various industry verticals. Companies are actively engaged in the development of sustainable, low-emission, and low-noise products. Additionally, there is a focus on digitally upgraded cleaning solutions. Some companies introduced steam cleaners for disinfection purposes to meet the growing demand during the pandemic, leading to increased revenues.
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Vacuum Cleaner Market Research Methodology:
The report utilizes advanced research methodologies to analyze the market, offering valuable insights to both industry stakeholders and decision-makers. It includes a dedicated study of key players, ranging from market leaders to new entrants in the vacuum cleaner market.
What are Vacuum Cleaner Market Dynamics:
Key drivers in the vacuum cleaner market include the growing importance of social media and online sales platforms. Changes in consumer dynamics, coupled with innovative technologies, have resulted in significant shifts in the industry. The adoption of smart applications and robotic technologies has transformed the cleaning landscape, enabling the extraction of new value from data generated by diverse industry sectors.
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What is Vacuum Cleaner Market Segmentation:
by Product type
Green Vacuum Cleaner
Stick
Canister
Upright
Autonomous/Robot
by End Use type
Commercial
Household
by Distribution Channel
Online
Offline
by Application
Industrial
Residential
Commercial
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Who are Vacuum Cleaner Market Key Players:
1.Haier Group Corp.
2.AB Electrolux
3.Samsung Electronics Co., Ltd.
4.LG Electroncis, Inc.
5.Dyson Ltd.
6.iRobot Corporation
7.Bissell Inc.
8.Koninklijke Philips
9.Panasonic Corporation
10.Techtronic Industries.
11.Miele & Cie. KG,
12.Dyson Ltd.
13.Eureka Forbes Ltd.
14.EXAIR Corporation
15.Josef Kränzle GmbH & Co. KG
16.Sibilia
17.American Vacuum Company
18.Debus GmbH
19.Ghibli & Wirbel SpA
20.Pullman-Ermator
21.Goodway
22.VAC-U-MAX
23.CS Unitec Inc.,
24.Oreck Corporation
25. Stanley Black & Decker Inc
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Table of content for the Vacuum Cleaner Market includes:
Vacuum Cleaner Market : Research Methodology
Vacuum Cleaner 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
3.Vacuum Cleaner Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA 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
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Vacuum Cleaner Market Regional Insights:
The Asia Pacific region led the global vacuum cleaner market in 2022, with China emerging as a critical market. The region's robust presence of local enterprises, affordable product offerings, and strong consumer spending power have fueled regional demand. In India and other emerging markets, increased electrification of rural areas and the prevalence of online sales channels have contributed to the growing need for vacuum cleaners.
As global lockdowns ease and key educational institutions reopen in Europe, vacuum cleaner sales are poised for global growth. To ensure high hygiene standards and mitigate the spread of COVID-19, various institutions, including schools and businesses, are expected to invest in vacuum cleaners. Despite the significant restrictions in major consumer markets like Italy and France, some European companies had negative growth in the first and second quarters of 2022.
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Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
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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