Dublin--(BUSINESS WIRE)--"Vacuum cleaner market size, share and product trend analysis report (tank, center, drum, robot, vertical, wet and dry), distribution channels, applications, regions and market segments It is predicted that the 2021-2028" report has been added to the products of ResearchAndMarkets.com.
By 2028, the global vacuum cleaner market is expected to reach USD 20.66 billion, with a compound annual growth rate of 9.6% from 2021 to 2028. The growth of per capita income in developing countries is one of the key factors leading to the increase in consumer demand for high-end vacuum cleaners. In addition, the COVID-19 pandemic has made people pay more attention to cleanliness and hygiene to maintain a sense of security in private and public spaces. It is estimated that this will drive market growth in the next few years.
The COVID-19 lockdown and related travel restrictions restrict access to housekeeping services. It is becoming more and more difficult to manage all housework while maintaining high cleanliness and hygiene standards, which drives the demand for household appliances such as vacuum cleaners. From this perspective, Panasonic India’s vacuum cleaner sales have increased by 20% compared to the pre-COVID era. Eureka Forbes Ltd. also witnessed strong demand for vacuum cleaners during the Indian pandemic.
Market growth is affected by strong and complete distribution channels and diversified manufacturing and supply chain capabilities. For example, in January 2020, iRobot Corporation expanded its manufacturing facility in Malaysia to meet the growing demand for household vacuum cleaners in developing countries. In 2018, Snow Joe, LLC leased an A-level distribution center in New Jersey to expand its regional footprint and meet the state's needs. In recent years, online distribution channels have also gained momentum, and the company is emphasizing direct-to-consumer sales channels. In 2020, Nilfisk Group launched an e-commerce platform to provide its customers with a seamless and improved digital customer experience. iRobot Corp. has also invested a lot of money to strengthen its direct-to-consumer sales channel infrastructure.
Highlights of the Vacuum Cleaner Market Report
Chapter 3 Industry Outlook of Vacuum Cleaner Market
3.1 Market size and growth prospects
3.4 Penetration rate and growth prospect graph
Chapter 4 Product Outlook of Vacuum Cleaner Market
4.1 2017-2028 Market Size Estimates and Forecasts and Trend Analysis (Millions of USD)
4.2 Market: Product Movement Analysis, 2020 and 2028
Chapter 5 Prospects of Distribution Channels in the Vacuum Cleaner Market
5.1 2017-2028 market size estimation and forecast and trend analysis (millions of dollars)
5.2 Market: Analysis of Distribution Channel Movement, 2020 and 2028
Chapter 6 Application Outlook of Vacuum Cleaner Market
6.1 2017-2028 market size estimation and forecast and trend analysis (millions of dollars)
6.2 Market: Application Movement Analysis in 2020 and 2028
7.1 2017-2028 market size estimation and forecast and trend analysis (millions of dollars)
7.2 Vacuum Cleaner Market: Regional Movement Analysis, 2020 and 2028
8.1 Major global players, recent developments and their impact on the industry
8.2. Classification of key companies (key innovators, market leaders, emerging players, niche players)
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com US Eastern Time Office Hours Call 1-917-300-0470 US/Canada Toll Free 1-800-526-8630 GMT Office Hours Call +353-1- 416- 8900