Global Vacuum Cleaner Market Competitive Analysis, Top Manufacturers and Forecast 2027.

[mayuri kathade]

The suggested Vacuum Cleaner Market research will cover all qualitative and quantitative characteristics, such as market size, estimates, growth rates, and forecasts, and will therefore provide you a comprehensive understanding of the market. Along with key micro & macro variables influencing the market dynamics, the study also offers a complete analysis of the market's drivers, restraints, technological advancements, and competitive environment.

Vacuum Cleaner Market Overview:

Maximize Market Research's Vacuum Cleaner Market Report offers readers an evaluation of the worldwide market landscape via the use of a thorough viewpoint. This report on the Vacuum Cleaner Market examines the situation from 2021 to 2027, with 2020 serving as the base year and 2016 to 2019 covering historical data. With the support of a plethora of information contained in the study, this report helps readers to make critical business decisions.

Vacuum Cleaner Market Growth Value :

Vacuum Cleaner Market was worth US$ 10.01 Bn in 2020 and total revenue is expected to grow at a rate of 9.6% CAGR from 2021 to 2027, reaching almost US$ 19.02 Bn in 2027.

Market Scope:

This report on the Vacuum Cleaner market is based on a complete and comprehensive evaluation of the market, backed by secondary and primary sources. The country-wise model mapping of Vacuum Cleaner using internal and external proprietary information, as well as pertinent patent and regulatory databases, determine market volume. The competitive scenario of the Vacuum Cleaner market is supported by an assessment of the different factors that influence the market on a minute and granular level. Researchers in the Vacuum Cleaner industry arrive at forecasts and projections and compute the market prognosis by extensively examining historical data, current trends, and announcements by major companies.

Vacuum Cleaner Market Segmentation:

Global Vacuum cleaner Market is segmented into Product type and End use type.

Based on Product type, the market is sub segmented into Handheld, Canister, Upright, Stick and Autonomous/Robot. Over the next few years, the robotics segment is likely to see a growth in demand. In response to the COVID-19 pandemic, new cleaning needs and demands have evolved in order to free up the human workforce for other tasks, particularly in hospitals. For the business sector, such expectations have prompted the adoption of autonomous or robotic vacuum cleaners. Residential clients and end-users are attracted to features such as automatic charging, the smart home trend, and voice-activated instructions provided by digital voice assistants such as Amazon Alexa and Google Assistant.

Canister vacuum cleaners are more efficient than upright vacuum cleaners. Canister vacuum cleaner offer better suction and flow-rate. Canister vacuum cleaner segment dominated the vacuum cleaner market and is estimated to grow at the faster rate. Canister vacuum cleaners are the costliest among other. Robotic vacuum cleaners market is projected to grow at moderate rate, with products being developed by leading companies that utilize intelligent programming and sophisticated components.

Based on End use, the market is sub-segmented into Commercial and Household. Household vacuum cleaner is leading segment having market share of 48 % in 2020. Increasing awareness of consumers towards hygiene, advent of efficient appliances, upsurge in consumer living standards, escalating income levels. Increasing awareness about advantages of vacuum cleaners usage is also encouraging the low-income households, to purchase vacuum cleaners. Commercial segment will show a moderate growth during forecast period.

People have been restricted to their houses as a result of the WFH model's application across areas, necessitating the timely administration of everyday routine duties. This has boosted demand for household goods, particularly cleaning equipment. The rising occurrences of allergy and asthma in residential settings, as well as the need to keep dwellings disease-free, are projected to increase demand for household vacuum cleaners. In addition, the growing availability of improved solutions that can effectively capture even the tiniest of contaminants is propelling market expansion in Household applications.

Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis-https://www.maximizemarketresearch.com/request-sample/19223

What Information does this report contain?

• Coverage of historical data and projections for the years 2017–2021 and 2022–2027.
• Major segment performance projections for the following six to seven years, encompassing the most popular applications, products, and regions.
• Market leaders and key enterprises are profiled together with their production capacity, prospects, and viability over the long term.

The Market Study Objectives are:

• Based on various indicators, the Year-on-Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.
• An overview of the Market based on geographical scope, market segmentation and financial performance of key players is presented in the report.
• The report presents current trends in the industry and future scope of the Market in North America, Asia Pacific, Europe, Latin America and Middle East and Africa.
• The various parameters accelerating the growth of Market are incorporated in the research report.
• The report analyses growth rate, market size and valuation of the Market during the forecast period.

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Some of the companies competing in the Vacuum Cleaner Market are :

• Haier Group Corp. • AB Electrolux • Samsung Electronics Co., Ltd. • LG Electroncis, Inc. • Dyson Ltd. • iRobot Corporation • Bissell Inc. • Koninklijke Philips • Panasonic Corporation • Techtronic Industries. • Miele & Cie. KG, • Dyson Ltd. • Eureka Forbes Ltd. • EXAIR Corporation • Josef Kränzle GmbH & Co. KG

Regional Analysis:

Geographically, Vacuum Cleaner market report is segmented into several key regions are as follows,

• Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
• Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
• North America (the United States, Mexico, and Canada.)
• South America (Brazil etc.)
• The Middle East and Africa (GCC Countries and Egypt.)

Furthermore, the study covers market size, growth rate, import and export, as well as country-level analysis, integrating the demand and supply forces of the Vacuum Cleaner market in these countries, which are impacting market growth.

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COVID-19 Impact Analysis on Vacuum Cleaner Market:

The Vacuum Cleaner Market Research Report provides an overview of the industry based on important factors such as market size, sales, sales analysis, and key drivers. During the projected period, the market is predicted to increase significantly (2021-2027). This report also includes the most recent market impacts of COVID-19. The pandemic's spread has had a wide-ranging impact on people's lives all around the world. As a result, markets have been compelled to embrace new norms, trends, and strategies. Essentially, the study report attempts to give a picture of the market's initial and future estimates.

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