Vacuum Cleaner Market Analysis, Size, Growth, Share & Forecast to 2025 | Grand View Research Inc.
“Vacuum Cleaner Market Size Worth $16.7 Billion By 2025 | CAGR: 9.1%”
The global vacuum cleaner market size is expected to reach USD 16.7 billion by 2025 at a CAGR of 9.1%, according to a new report by Grand View Research, Inc. Rise in millennial population followed by lifestyle changes and demand for smart devices is triggering the consumer demand for advanced cleaning equipment. In addition, availability of IoT enabled cleaning devices are paving their way towards market growth. Manual cleaning is a traditional form of maintaining cleanliness and hygiene in the residential and commercial places. However, with the rise in technological curve, vacuum cleaners are now witnessing a high adoption to not only maintain hygiene but also to ensure germ-free living. With the government initiatives such as ‘Swachh Bharat Abhiyaan’ in India, automatic vacuum cleaners and sweepers have a major stake in achieving public health in commercial places. Automatic cleaning equipment can therefore engage in a frugal approach to maintain a high cleanliness in public places. In addition, the market growth is influenced by factors such as hygiene awareness among the public, availability of multiple variants of electric suction sweeper, and effectiveness in distribution channels. The development of canister vacuum cleaner equipped with the HEPA filter, which is able to clear the smallest dust or dirt particles and reduce chances of pulmonary side effects such as allergies and asthma, is expected to attract growth opportunities for the market over the forecast period. Moreover, significance of advertisements promoting hygiene and cleanliness are also shaping the market growth throughout the forecast period.
Recent technological developments have been carried out focusing on developing energy-efficient, intelligent, and cordless cleaning equipment. In addition, the introduction of various advanced technologies for robotic cleaning machines that are equipped with the automatic charging function is expected to accelerate the vacuum cleaner market growth. The development of advanced vacuum cleaners that are equipped with collision avoidance system and voice assistance system that support Google Home and Amazon Alexa is another factor expected to boost the growth of the market over the forecast period.
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Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/vacuum-cleanermarket Further key findings from the report suggest: Robust features and advantages such as bag less dirt cup, equipped with HEPA 12 filter, and micro particle filter exhibited by canisters enabled the segment to lead with a high revenue share in 2018
The online segment is anticipated to witness the highest CAGR of over 9.0% from 2019 to 2025. This growth can be attributed to the enormous growth in e-commerce and consumer reviews over social media platforms
The residential segment is expected to register the highest growth rate owing to the introduction of compact, lightweight, and cordless cleaning equipment
North America is expected to continue its dominance in the market over the forecast period. The increasing number of hotels, restaurants, and hospitals and growing adoption of vacuum cleaners in these places for cleaning purposes is expected to drive growth in the regional market
The key players in the market are Bissell, Nilfisk Group, Dyson, Alfred Kärcher GmbH & Co. KG, iRobot Corporation, Koninklijke Philips N.V., and Haier Group Corporation.
Grand View Research has segmented the global vacuum cleaner market based on product, distribution channel, application, end use, and region: Vacuum Cleaner Product Outlook (Revenue, USD Million, 2014 - 2025) Canister
Central
Drum
Robotic
Upright
Wet & Dry
Others
Vacuum Cleaner Distribution Channel Outlook (Revenue, USD Million, 2014 - 2025) Online
Offline
Vacuum Cleaner Application Outlook (Revenue, USD Million, 2014 - 2025) Industrial
Residential
Commercial
Vacuum Cleaner End-use Outlook (Revenue, USD Million, 2014 - 2025) Industrial
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o
Manufacturing
o
Food & Beverages
o
Pharmaceuticals
o
Construction
o
Others
Commercial o
Hospital
o
Retail Stores
o
Hospitality
o
Shopping Malls
o
Others
Vacuum Cleaner Regional Outlook (Revenue, USD Million, 2014 - 2025) North America
o
U.S.
o
Canada
Europe o
U.K.
o
Germany
Asia Pacific o
China
o
India
o
Japan
Latin America o
Brazil
Middle East & Africa
Table of Content Chapter 1 Methodology and Scope 1.1 Research Methodology 1.2 Research Scope and Assumptions 1.3 List of Data Sources Chapter 2 Executive Summary
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2.1 Vacuum Cleaner Market - Industry Snapshot & Key Buying Criteria, 2014 - 2025 2.2 Vacuum Cleaner Market, 2014 - 2025 2.2.1 Vacuum cleaner market, by region, 2014 - 2025 2.2.2 Vacuum cleaner market, by product, 2014 - 2025 2.2.3 Vacuum cleaner market, by distribution channel, 2014 - 2025 2.2.4 Vacuum cleaner market, by application, 2014 - 2025 2.2.5 Vacuum cleaner market, by end use, 2014 - 2025 Chapter 3 Vacuum Cleaner Industry Outlook 3.1 Market Segmentation and Scope 3.2 Market Size and Growth Prospects 3.3 Vacuum Cleaner Market - Value Chain Analysis 3.3.1 Vendor landscape 3.4 Vacuum Cleaner Market Dynamics 3.4.1 Market driver analysis 3.4.1.1 Increasing need for hygiene in residential and commercial applications 3.4.1.2 Technological advancements 3.4.2 Market challenge analysis 3.4.2.1 Stringent government regulations 3.5 Vacuum Cleaner Market - Company Market Share Analysis, 2018 3.6 Penetration and Growth Prospect Mapping Continue…………. About Grand View Research, Inc.: Grand View Research, Inc. is a U.S. based market y provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and factbased research across a range of industries including technology, chemicals, materials, healthcare and energy. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc
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Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email:sales@grandviewresearch.com For More Information:http://www.grandviewresearch.com
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