Press release
Household Type Vacuum Cleaners Market Report 2024: Strategies And Recent Developments | AB Electrolux, Miele & Cie. KG, Samsung Electronics Co. Ltd
Household Type Vacuum Cleaners Market Size
The Business Research Company offers in-depth market insights through Household Type Vacuum Cleaners Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The household type vacuum cleaners market size has grown strongly in recent years. It will grow from $48.25 billion in 2023 to $52 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to changing lifestyles, marketing and advertising, urbanization and smaller living spaces, rising disposable incomes, increasing awareness and importance of cleanliness and hygiene among consumers.
The household type vacuum cleaners market size is expected to see strong growth in the next few years. It will grow to $67.46 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to smart home integration, environmental concerns, health and allergen control, aging population, compact living. Major trends in the forecast period include cordless and battery-powered vacuums, robotic vacuum cleaners, hepa and advanced filtration, multi-surface cleaning, improved design and aesthetics.
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Market Segmentation:
The main product types of household vacuum cleaners are upright, canister, central, robotic, drum, wet/dry, and others. The suction motor of an upright vacuum cleaner sits directly on top of the suction brush. Since this entire vacuum cleaner is capable of standing upright, it is referred to as an upright vacuum cleaner. Upright vacuum cleaner designed specifically for cleaning all types of carpets. Upright vacuum cleaners have a large carpet suction area and a high capacity. The various operation modes of vacuum cleaners include self-drive, remote control models that are used as floor vacuum cleaners, window vacuum cleaners, and pool vacuum cleaners. The products are sold through offline and online modes.
Major Driver - Growing Hygiene Awareness And Concerns Drive Household Vacuum Cleaners Market Growth
The rise in awareness of hygiene contributed to the growth of the household vacuum cleaners market in the forecast period. There has been an increase in pathogens and infectious diseases. This has led to increasing awareness of the importance of maintaining hygiene in care, nursing, and residential areas, which in turn has driven the market for household vacuum cleaners. According to a poll conducted by Hygiene Company SCA in the UK, 47% of people spend more than five hours a week on domestic cleaning tasks. An increase in awareness of hygiene coupled with the rise in disposable income is driving the growth of the household vacuum cleaners market for household vacuum cleaners.
Competitive Landscape:
Major companies operating in the household type vacuum cleaners market include AB Electrolux, Miele & Cie. KG, Samsung Electronics Co. Ltd, Dyson Ltd., Bissell Inc., iRobot Corporation, Panasonic Corporation, Koninklijke Philips N.V., Haier Group Corporation, LG Electronics, Nilfisk, Robert Bosch GmbH, Groupe SEB, Oreck, Hoover Ltd., Sanitaire, Rubbermaid, Numatic, Karcher, Midea Group Co. Ltd., Goodway, Fimap, Columbus, Truvox International, Pacvac, Shark (SharkNinja), Stanley Black & Decker, Dirt Devil (TTI Floor Care North America), Eureka Floorcare, Filter Queen, General Electric, Kenmore, The Kirby Company, Tineco, Riccar, Rowenta, Simplicity, Vorwerk, Xiaomi Corporation, Zanussi (Zanussi Group), Zelmer
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Top Trend - Energy-Efficiency Takes Center Stage As Household Vacuum Cleaner Manufacturers Embrace Eco-Friendly Practices
Household vacuum cleaner manufacturers are increasingly producing energy-efficient products to reduce carbon footprint and enable energy savings for the consumers. The rise of energy-efficient appliances can be attributed to the stringent government regulations on electric home appliances and advances in technology. Energy-efficient vacuum cleaners are designed to utilize minimum energy to complete the required task. Currently, over 80 countries have standards and labels for energy-efficient appliances. For example, European Commission- 'Eco design requirements for Vacuum Cleaners' contains eco-design requirements for several types of vacuum cleaners.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Household Type Vacuum Cleaners Market Characteristics
3. Household Type Vacuum Cleaners Market Trends And Strategies
4. Household Type Vacuum Cleaners Market - Macro Economic Scenario
5. Household Type Vacuum Cleaners Market Size And Growth
…..
27. Household Type Vacuum Cleaners Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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