Global Vacuum Cleaner Market is segmented by product (Handheld, canister, upright, stick, autonomous/robot) by end use (commercial and household) and by region( North America, Europe, Asia-Pacific, Middle East and Latin America) Global Industry Analysis and Forecast 2018-2026. Global Vacuum Cleaner Market was valued US$11.5 Bn in 2017 and is anticipated to reach US$17 Bn by 2026 at a CAGR of 5 % during a forecast.
Rise in demand for automated & less time-consuming cleaning solutions, high disposable income and better infrastructural facilities are factors driving the vacuum cleaner market. Increase in urban population and improved standards of living in developing economies stimulates the vacuum cleaner market growth. Growth of tech-savvy population and innovation in conventional household vacuum cleaners is expected to impel growth in the vacuum cleaner market. Vacuum cleaners preventing dust allergies in asthma patients. Regulation in some countries restricts the usage of vacuum cleaners above 900 watts and increasing electricity prices hampers the growth of vacuum cleaner market.
Canister vacuum cleaner market dominated the vacuum cleaner market.
Canister vacuum cleaner market dominated the vacuum cleaner market and is estimated to grow at the faster rate. Canister vacuum cleaners are more efficient than upright vacuum cleaners. Canister vacuum cleaner offer better suction and flow-rate. Canister vacuum cleaners are the costliest among other.
Household vacuum cleaner is leading segment of vacuum cleaner market.
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.
Asia Pacific is leading the vacuum cleaner market.
Urbanization and rehabilitation of infrastructure coupled with standard lifestyle drives the vacuum cleaner market in Asia Pacific. Advantages offered by vacuum cleaners encourages the low-income households, to purchase vacuum cleaners which lead to potential growth in emerging economies of Asia Pacific.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as Haier Group Corp., AB Electrolux, Samsung Electronics Co., Ltd., LG Electroncis, Inc., Dyson Ltd., Samsung Electronics Co., Ltd., iRobot Corporation, Bissell Inc, Koninklijke Philips, Panasonic Corporation, Techtronic Industries., Miele & Cie. KG, Dyson Ltd., Eureka Forbes Ltd., Oreck Corporation, Stanley Black & Decker Inc
Maximize market research, a global market research firm with dedicated vacuum cleaner m of specialists and data has carried out extensive research about the global vacuum cleaner market. Report encompasses the market by different segments and region, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the global vacuum cleaner market. The driving forces as well as considerable restraints have been explained in depth. In addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain global vacuum cleaner market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Vacuum cleaner Market”.
https://www.maximizemarketresearch.com/market-report/global-vacuum-cleaner-market/19223/
Contact:
MAXIMIZE MARKET RESEARCH PVT. LTD.
Omkar Heights,
Manik Baug, Vadgaon Bk,
Sinhagad Road, Pune – 411051, Maharashtra, India.
+91 9607065656