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Household Vacuum Cleaner Market worth $27.18 billion by 2030, growing at a CAGR of 9.93% - Exclusive Report by 360iResearch

03-28-2024 11:49 AM CET | Consumer Goods & Retail

Press release from: 360iResearch

Household Vacuum Cleaner Market | 360iResearch

Household Vacuum Cleaner Market | 360iResearch

The "Household Vacuum Cleaner Market by Product (Canister, Central, Drum), Type (Corded, Cordless), Distribution - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Household Vacuum Cleaner Market to grow from USD 14.01 billion in 2023 to USD 27.18 billion by 2030, at a CAGR of 9.93%.

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Household vacuum cleaners are electrical household appliances that are used to clean and remove debris from upholstery, floors, draperies, and other surfaces with suction. These are available in various sizes and shapes and provide convenience, ease of use, and efficient cleaning for cleaning different house areas. The rising working population and increasing focus on automating household tasks, including cleaning, are leading to the increased adoption of vacuum cleaners by consumers across the globe. The easy availability of different types of vacuum cleaners through online distribution channels is expanding the sale of household vacuum cleaners. However, the rising incidences of product recall and technical issues associated with using household vacuum cleaners may adversely impact the use of household vacuum cleaners. Moreover, the technological advancements and integration of cutting-edge technologies such as the Internet of Things (IoT) and artificial intelligence (AI) can enhance operational efficiency and are expected to encourage the adoption of household vacuum cleaners by consumers worldwide.

The household vacuum cleaner market is highly evolving in the Americas region owing to the growing shift of consumers from conventional cleaning to automated cleaning solutions. The rise in disposable income, the surge in the working population, and increasing awareness regarding the availability of advanced home cleaning systems are expanding the use of household vacuum cleaners in the APAC and EMEA region. The innovations in household vacuum cleaners with additional cleaning features are gaining significant traction among consumers worldwide. Additionally, the surge in internet penetration, the rapid expansion of the eCommerce sector, and the ongoing development of energy-efficient and cost-effective household vacuum cleaners are expected to create lucrative opportunities for the growth of the household vacuum cleaners market globally.

Market Segmentation & Coverage:

This research report categorizes the Household Vacuum Cleaner Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Product, market is studied across Canister, Central, Drum, Robotic, Upright, and Wet or Dry. The Upright is projected to witness significant market share during forecast period.

Based on Type, market is studied across Corded and Cordless. The Corded is projected to witness significant market share during forecast period.

Based on Distribution, market is studied across Online, Specialty Stores, and Supermarkets & Hypermarkets. The Online is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas is projected to witness significant market share during forecast period.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Household Vacuum Cleaner Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Household Vacuum Cleaner Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Household Vacuum Cleaner Market, highlighting leading vendors and their innovative profiles. These include Alfred Karcher SE & Co. KG, BISSELL Group, BSH Home Appliances Ltd. by Robert Bosch GmbH, CRAFTSMAN by Stanley Black & Decker, Inc., Daewoo Electricals, Delfin Industrial Corp., Dyson, Electrolux Home Products, Inc., Emerson Electric Co., Eureka Forbes by Midea America Corp., Groupe SEB, Haier Inc., Hitachi, Ltd., IPC Eagle, iRobot Corporation, Koninklijke Philips N.V., LG Electronics, Midea Group, Miele Incorporated, Neato Robotics, Inc., Nilfisk Group, Oreck by Royal Appliance Mfg. Co., Panasonic Corporation, Prestige Vacuum Cleaner Co., Ruwac, Samsung Electronics Co., Ltd., SEBO America, LLC, SharkNinja Operating LLC, Sirena Inc., Snow Joe LLC, Techtronic Industries Co., Ltd., and The Kirby Company.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Household Vacuum Cleaner Market, by Product
7. Household Vacuum Cleaner Market, by Type
8. Household Vacuum Cleaner Market, by Distribution
9. Americas Household Vacuum Cleaner Market
10. Asia-Pacific Household Vacuum Cleaner Market
11. Europe, Middle East & Africa Household Vacuum Cleaner Market
12. Competitive Landscape
13. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Household Vacuum Cleaner Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Household Vacuum Cleaner Market?
3. What is the competitive strategic window for opportunities in the Household Vacuum Cleaner Market?
4. What are the technology trends and regulatory frameworks in the Household Vacuum Cleaner Market?
5. What is the market share of the leading vendors in the Household Vacuum Cleaner Market?
6. What modes and strategic moves are considered suitable for entering the Household Vacuum Cleaner Market?

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Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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