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Household Type Vacuum Cleaners Market Size, Deep Analysis, Growth Statistics, Share, Trends And Forecast To 2033
Household Type Vacuum Cleaners Market
Household Type Vacuum Cleaners Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $67.46 billion In 2028 At A CAGR Of 6.7% :
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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Household Type Vacuum Cleaners Market Major Segments
The household type vacuum cleaners market covered in this report is segmented -
1) By Type of Product: Upright, Canister, Central, Robotic, Drum, Wet/Dry, Other Products
2) By Mode of Sale: Offline, Online
3) By Type of Use: Floor Vacuum Cleaner, Window Vacuum Cleaner, Pool Vacuum Cleaner
4) By Operation Mode: Self-Drive, Remote Control
Key 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.
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Prominent 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.
Household Type Vacuum Cleaners Market Players
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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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the household vacuum cleaner market in 2023. Western Europe was the second-largest region in the household type vacuum cleaners market. The regions covered in the household type vacuum cleaners market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Household Type Vacuum Cleaners Market Report Structure
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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