Quadintel published a research report on the Vacuum Cleaner Market. The study offers primary and secondary research and exhaustive global market analysis. In addition, the research report explores the parent industry and its strategic substances in detail.
The global vacuum cleaner market size was US$ 5,419.4 million in 2021. The global vacuum cleaner market is forecast to grow to US$ 7,110.6 million by 2030 by growing at a compound annual growth rate (CAGR) of 4.1% during the forecast period from 2022 to 2030.
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The growing urban population and rising awareness related to the efficiency of vacuum cleaners are forecast to fuel the growth of the global vacuum cleaner market.
Increasing awareness related to cleanliness and hygiene will surge the growth of the global vacuum cleaner market. In addition, rising demand for garage & storage management systems will contribute to the market growth.
The benefits of vacuum cleaners, such as cost efficiency, product safety, and high accessibility to the corners & smaller areas, will escalate the market growth.
A growing working population and increasing purchasing power will accelerate the growth of the global vacuum cleaner market. On the contrary, the high cost of vacuum cleaners may limit the growth of the market.
The growing adoption of automated technologies in households and trending smart homes will escalate the growth of the global vacuum cleaner market throughout the forecast period.
The wake of the COVID-19 pandemic hampered the growth of the global vacuum cleaner market. Due to the pandemic, industry players in the vacuum cleaner market witnessed several obstacles. The pandemic forced the governments to halt travel activities. It also hampered international trade, which ultimately created a shortage of raw materials and laborers. All of these factors have negatively impacted the global vacuum cleaner market.
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The Asia-Pacific vacuum cleaner market is forecast to grow at the fastest growth rate. Emerging economies like China and India are adding new growth prospects to the global vacuum cleaner market. The growing adoption of automated technology in households will benefit the regional vacuum cleaner market. Rising disposable income and increasing awareness about indoor health and hygiene will escalate the growth of the global vacuum cleaner market. Furthermore, vacuum cleaners are forecast to witness progress in terms of sales due to their convenience of use. Thus, it will benefit the overall regional market.
Electrolux Group Panasonic Corporation Stanley Black & Decker Dyson Ltd. Haier Group Eureka Forbes Ltd LG Corporation Oreck Corporation Whirlpool Royal Philips Electronics InterVac Design Corp. Bissell VacuMaid Samsung Other Prominent Players Market Segmentation
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The global vacuum cleaner market segmentation focuses on Product, Length, Capacity, Function, Distribution Channel, End-User, and Region.
Central Vacuum Garage Vacuum By Length Outlook
0-30 ft 30-50 ft 50+ft By Capacity Outlook
Gallon – 2 Gallon – 5 Gallon 5+ Gallon By Function Outlook
With Blower Without Blower By Distribution Channel Outlook
Online Independent Retailers Dependent Retailers Offline Supermarket & Hypermarket Standalone Stores Resellers Independent Retailers Others By End User Outlook
Residential Commercial Corporate Offices Educational Sites Industrial By Regional Outlook
North America The U.S. Canada Mexico Europe Western Europe The UK Germany France Italy Spain Rest of Western Europe Eastern Europe Poland Russia Rest of Eastern Europe Asia Pacific China India Japan Australia & New Zealand ASEAN Rest of Asia Pacific Middle East & Africa (MEA) UAE Saudi Arabia South Africa Rest of MEA South America Brazil Argentina Rest of South America
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