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10.2.2.2. Online 10.2.2.3. Retail 10.2.3. By Product Size 10.2.3.1. Handheld Vacuum Cleaner 10.2.3.2. Wheel based Vacuum Cleaner India Vacuum Cleaner Market Dynamics
India Vacuum Cleaner Market Outlook, By Revenues By Units Sold (1/4)
Figure 1: India Vacuum Cleaner Market, By Revenues(USD Million), By Units Sold(Million Units), 2015-2025F
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Revenue: XX% Unit Sold: XX% CAGR Revenue: XX% Unit Sold: XX%
2015 2016 2017 2018
2019 Revenue (USD Million) 2020E 2021F
Unit Sold (Million) 2022F 2023F 2024F 2025F
Source: MarkNtel Advisors, E: Estimated, F: Forecast
Market at a Glance
ThecontinuousriseininitiativeandawarenesscampaignsbytheIndianGovernmentregardingcleanlinessand healthy lifestyle is boosting the Indian Vacuum cleaner Market. The ‘Swachh Bharat Mission’ Scheme of the Indian government is primarily focused on clean India. Under this scheme the government aiming to clean the majority of railway stations, tourist places, and Ghats. To achieve the aim government is hiring the facility management companies and these companies are using several kinds of vacuum cleaner to a large extent. Expansion of railway lines, airports, ports, etc., is fueling the demand for vacuum cleaners. The demand for vacuumcleanerssoaredduringtheCOVID-19pandemicphaseowingtothelockdownsduetowhichthecitizens According to XXX XXXX XXXX (XXX), the real state sector will grow from USD 120 Billion to USD 1000 Billion from 2017 to 2030.
Figure 15: India Vacuum Cleaner Revenue Share, By Type, 2019 & 2025F (Percentage)
2019
Cannister Vacuum Cleaner Upright Vacuum Cleaner Central Vacuum Cleaner Drum Vacuum Cleaner Wet and Dry Vacuum Cleaner Robotics Vacuum Cleaner
2025
Source: MarkNtel Advisors Cannister Vacuum Cleaner
Vacuumcleanersarepartoffacilitymanagementinbusinesses.Canistertypesarethemostwidelyusedvacuumcleanerbecauseoftheir easeofusage.Thesevacuumcleanersarelessnoisycomparedtootherswhichasaresultincreasesitsdemandfromplaceslikehospitals andoffices.Theycanbeequippedwithavarietyoftoolssuchascrevicenozzle,upholsterybrush,andevenmechanizedbrushtoincrease theirefficiencyoncarpetsandrugs.Thesetoolsareconvenientlyplacedeitheronthecanisterordirectlyonthewandwhichmakesthem very versatile. These features ofthe canister vacuum cleaner attractmore customers and also increasesthe demand in the forthcoming
period.Besides,theentryofnewforeignplayersintheIndianmarketwithnewdesignsandlightweightcanistervacuumcleanersisalso pushingthedemandforthesevacuumcleaners.
