Vacuum Cleaner Market Outlook
According to the report by Expert Market Research (EMR), the global vacuum cleaner market size reached a value of USD 29.09 billion in 2023. Aided by the rising hygienic consciousness and increasing prevalence of bacterial and viral infections, the market is projected to further grow at a CAGR of 5.40% between 2024 and 2032 to reach a value of USD 46.28 billion by 2032.
Vacuum cleaners, the electric devices designed to suction dirt and dust from floors and other surfaces, have transcended beyond being mere cleaning appliances. In today’s fast-paced world, they symbolise a convergence of convenience, technology, and hygiene. They find diverse applications, from household chores to industrial cleaning, attributing to their efficacy in ensuring cleaner spaces and air quality. Apart from the primary function of cleaning, modern vacuum cleaners boast advanced filtration systems, ensuring the capture of minute particles, including allergens, thereby promoting a healthier living environment.
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As per the vacuum cleaner market analysis, the growth trajectory of the market is deeply intertwined with the changing trends of the urban lifestyle. As urban households grapple with time constraints, the emphasis on efficient and effective cleaning solutions has amplified. Vacuum cleaners, with their promise of rapid and thorough cleaning, are well-positioned to cater to these evolving demands, making them an indispensable household tool in modern settings.
Moreover, the expanding horizons of vacuum cleaner applications play an integral role in fuelling the vacuum cleaner market expansion. In commercial settings, such as hotels, offices, and shopping complexes, where maintaining cleanliness stands paramount, vacuum cleaners ensure pristine environments, enhancing the space’s appeal and safety. The industrial sector too, with its specific requirements for maintaining dust-free environments, especially in sectors like electronics manufacturing, heavily relies on industrial-grade vacuum cleaners.
Additionally, technological advancements and innovations leading to the development of technically superior vacuum cleaners have further elevated the vacuum cleaner market growth. From robot vacuums that can be controlled via smartphone applications to cordless stick vacuums offering unparalleled mobility, the options are diverse, catering to varied consumer needs. These innovations not only promise enhanced cleaning but also ensure energy efficiency and sustainability.
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Vacuum Cleaner Market Segmentation
The market can be divided based on product, distribution channel, application, and region.
Market Breakup by Product
- Canister
- Central
- Drum
- Robotic
- Upright
- Wet and Dry
- Others
Market Breakup by Distribution Channel
- Offline Stores
- Online Stores
Market Breakup by Application
- Industrial
- Residential
- Commercial
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global vacuum cleaner companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- LG Electronics Inc.
- Haier Inc.
- Miele & Cie. KG
- Samsung Electronics Co., Ltd
- BISSELL Homecare, Inc.
- Panasonic Corporation
- iRobot Corporation
- Koninklijke Philips N.V
- Eureka Forbes Ltd
- SharkNinja Operating LLC
- Ecovacs Robotics, Inc.
- Beijing Roborock Technology Co., Ltd
- Others
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