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 demand for vacuum cleaners in the residential sector is propelled by the Work from Home (WFH) model, shifting lifestyles, increased disposable incomes, a growing working population, rising purchasing power, and the convenience of use. Technological advancements, including the introduction of robotic vacuum cleaners, are expected to significantly boost market demand.
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What are Vacuum Cleaner Market Dynamics:
Most cleaning jobs may be completed more quickly and easily with today's vacuum cleaners. The need for creative cleaning equipment of all sizes is on the rise, prompting manufacturers to create solutions that incorporate cutting-edge technology. In the aftermath of the COVID-19 pandemic, Brain Corp. teamed with AT&T Mobility LLC in April 2020 to explore IoT applications in their autonomous cleaning mobile robots. Prior to that, vacuum cleaner manufacturers such as Alfred Karcher SE & Co. KG and Nilfisk Group collaborated with Brain Corp. to produce self-driving vacuum cleaners based on the Brains AI platform.
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Vacuum Cleaner Market Regional Insights:
In 2022, the Asia Pacific region, particularly China, dominated the global Vacuum Cleaner Market. Factors such as the strong presence of regional enterprises, availability of low-cost products, and high consumer spending power contributed to the regional demand. The report also highlights emerging markets like India, where electrification of rural areas and online sales channels are driving increased demand.
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
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
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3.Vacuum Cleaner 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
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