Press release
Driving Vacuum Cleaner Market Growth in 2025: The Role of Rising Disposable Income Fuels Growth In The Vacuum Cleaner Market
Vacuum Cleaner Market Size
Vacuum Cleaner Market Size Growth Forecast: What to Expect by 2025?
Recently, there has been a robust increase in the vacuum cleaner market size. Projected growth from $10.31 billion in 2024 to $11.1 billion in 2025, represents a compound annual growth rate (CAGR) of 7.7%. Factors that have fostered this growth in history are the surge in households with two incomes, enhancement in living standards, increased consciousness about allergens, health, and hygiene, along with evolving lifestyles.
How Will the Vacuum Cleaner Market Size Evolve and Grow by 2029?
The market size for vacuum cleaners is anticipated to witness robust expansion in the ensuing years, reaching $15.61 billion by 2029 with a compound annual growth rate (CAGR) of 8.9%. This projected growth during the forecast period can be associated with the increasing demand for integration with smart homes, concerns regarding health and air quality, hepa and superior filtering systems, rental and subscription-based services, and the rise of e-commerce. Key trends to watch out for within this period encompass artificial intelligence and robotics, sustainable and eco-friendly models, cordless and lightweight features, cooperative cleaning approaches, and vacuum cleaners equipped with uv light sanitization.
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What Drivers Are Propelling the Growth of Vacuum Cleaner Market Forward?
The surge in disposable income is anticipated to drive the vacuum cleaner market's growth. Disposable income refers to the money a person can spend after taxes and social security charges have been subtracted. Over the past few years, the increment in disposable income and changes in lifestyle trends have consistently spurred the vacuum cleaner market. With shifts in lifestyle patterns and the rise in disposable income, individuals are transitioning towards electronic appliances to streamline their lives. This provides them with opportunities to save more and spend more on products that add comfort to their lives. For example, data from the U.S. Bureau of Economic Analysis (BEA), the official US government website, shows that in 2022, an American's disposable income increased by 0.4% and spending increased by 0.9% monthly. Consequently, the rise in disposable income is fuelling the demand in the vacuum cleaner market.
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Which Emerging Trends Are Transforming the Vacuum Cleaner Market in 2025?
The vacuum cleaner market is seeing increased popularity of the key trend - technological advancements. Leading companies in the market are concentrating on the creation of technologically superior products to cement their place in the market. Specifically, in March 2022, Creative Newtech Ltd, a firm based in India specializing in the design and development of cleaning equipment, introduced Dustor - a state-of-the-art robotic vacuum cleaner with Light Detection and Ranging (LIDAR) technology. This upgraded robotic vacuum cleaner can detect the tiniest dust particles unnoticeable to the human eye, clean the environment without human interference, and overcome obstacles during the cleaning process.
What Are the Key Segments in the Vacuum Cleaner Market?
The vacuum cleaner market covered in this report is segmented -
1) By Product: Canister, Central, Drum, Robotic, Upright, Wet and Dry, Other Products
2) By Application: Industrial, Residential, Commercial
3) By Distribution Channel: Online, Offline
Subsegments:
1) By Canister: Bagged Canister, Bagless Canister,
2) By Central: Built-In Central Vacuums, Portable Central Vacuums
3) By Drum: Standard Drum Vacuums, Industrial Drum Vacuums
4) By Robotic: Smart Robotic Vacuums, Basic Robotic Vacuums
5) By Upright: Bagged Upright, Bagless Upright
6) By Wet And Dry: Portable Wet And Dry Vacuums, Stationary Wet And Dry Vacuums
7) By Other Products: Handheld Vacuums, Stick Vacuums, Backpack Vacuum
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Who Are the Key Players Shaping the Vacuum Cleaner Market's Competitive Landscape?
Major companies operating in the vacuum cleaner market include Haier Group Corp., Electrolux AB, Samsung Electronics Co. Ltd., LG Electroncis Inc., Dyson Ltd., iRobot Corporation, Bissell Inc., Koninklijke Philips N.V., Panasonic Corporation, Techtronic Industries, Miele & Cie. KG, Oreck Corporation, Josef Kränzle GmbH & Co. KG, Stanley Black & Decker Inc, American Vacuum Company, Debus GmbH, Ghibli & Wirbel SpA, Pullman-Ermator, Goodway Technologies, VAC-U-MAX, CS Unitec Inc., SharkNinja, TTI Floor Care, SEB Group, Eureka Forbes, Numatic International, Quirepace Limited, Delfin Industrial Vacuums, Hoover Commercial, Polivac International Pty. Ltd.
What Geographic Markets Are Powering Growth in the Vacuum Cleaner Market?
Asia-Pacific was the largest region in the vacuum cleaner market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vacuum cleaner market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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