Market Forecast By Products (Canister, Robotics, Upright & Others), By Distribution Channel (Online, Offline), By End Users (Industrial, Commercial, Residential) and Competitive Landscape
Product Code: ETC004419 | Publication Date: Sep 2020 | Updated Date: Jun 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
In the year 2021, China was the largest exporter in terms of value, followed by the USA. It has registered a growth of 58.61% over the previous year. While the USA registered a decline of -21.39% as compared to the previous year. In the year 2017, China was the largest exporter followed by the USA. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Brazil has a Herfindahl index of 8629 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of 9044 which signifies high concentration in the market.
Brazil Vacuum cleaner Market is experiencing significant growth due to advancement of the technology and introduction of the new features to meet the rising demand of consumers. The popularity of robotic vacuum cleaners is another development in the market that does not require any human intervention. The latest trend in the market is cordless vacuum cleaners that offer convenience to users and flexibility. The producers are focusing more on improvement of the suction power and filtration systems of the product to offer effective cleaning performance. There is an immense focus on sustainability factors. The manufacturers are introducing environmentally friendly models that consume less energy. The needs of the consumers are rapidly changing in the market and manufacturers are constantly striving to remain competitive in the market by offering various products to meet the specific demand of the consumers.
Brazil Vacuum Cleaners Market report thoroughly covers the market by products, distribution channel, and by end users. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Brazil Vacuum Cleaners Market is projected to grow in the forecast period. This growth can be attributed to the rising income of the population and the need for hygiene in households and commercial domains. Health consciousness among consumers and technological advancements are major factors driving the growth of the market.
According to 6Wresearch, Brazil Vacuum Cleaners Market size is anticipated to register growth during 2020-2026. The Market is anticipated to register proliferation in the upcoming six years on the back of an increase in the discretionary spending of households towards the procurement of vacuum cleaners as a safe and low-time-consuming efficient home cleaning product. The perception of deployment of vacuum cleaners owing to its best in class technical features with the removal of the minutest dirt pathogens from the surrounding and maintaining a clean and healthy environment. Further, a rise in the cost-effectiveness of the product along with low maintenance cost is expected to drive the interest of many of the consumers towards procuring a personal vacuum cleaner equipment for themselves own self and is anticipated to leave a positive impact on the market growth in the upcoming six years and the timeframe thereafter. There are certain challenges that prevail in the Brazil Vacuum Cleaners Industry. The high cost of the Vacuum cleaner is a major challenge in the market. There is emergence of the foreign competitors in the market which makes it difficult for local producers to operate in the market.
The outburst of the pandemic forced people to spend more time at home, and it led to an increase in demand for household cleaning products, including vacuum cleaners. The market is a significant part of the Latin America Vacuum Cleaners Market and the pandemic negatively impacted the market. Due to increasing awareness about cleanliness and hygiene, consumers started to invest in high-quality and latest technology-equipped vacuum cleaners that can efficiently remove dirt and dust from their houses. There were supply chain disruptions caused by government-implemented lockdowns and restrictions on travel. The companies were struggling to keep up with the demand and it led to a rise in price and a shortage of certain models of the products and Vacuum Cleaners Market in Brazil was affected negatively due to these factors.
These are the notable players in the market who are contributing to the Brazil Vacuum Cleaners Market Growth.
Based on products the market is fragmented into Canister, Robotics, Upright & Others. The Canister segment will dominate the market due to on the account of low price of the product and superior cleaning products
By distribution channel, the offline segment is expected to witness the market due to availability of various stores across regions leading to an increase in Brazil Vacuum cleaner Market Share.
On the basis of end users, the market is segmented into Industrial, Commercial, and Residential. The industrial segment will grow in the forecast period due to a rise in demand for effective cleaning products from manufacturing plants
The Brazil Vacuum Cleaners Market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of The Report |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Brazil Vacuum Cleaners Market Overview |
3.1 Brazil Vacuum Cleaners Market Revenues and Volume 2016-2026F |
3.2 Brazil Vacuum Cleaners Market Revenue Share, By-Products, 2019 & 2026F |
3.3 Brazil Vacuum Cleaners Market Revenue Share, By Distribution Channel, 2019 & 2026F |
3.4 Brazil Vacuum Cleaners Market Revenue Share, By End User, 2019 & 2026F |
3.5 Brazil Vacuum Cleaners Market Revenue Share, By Regions, 2019 & 2026F |
3.6 Brazil Vacuum Cleaners Market - Industry Life Cycle |
3.7 Brazil Vacuum Cleaners Market - Porter’s Five Forces |
4. Brazil Vacuum Cleaners Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Brazil Vacuum Cleaners Market Trends |
6. Brazil Vacuum Cleaners Market Overview, By-Products |
6.1 Brazil Vacuum Cleaners Market Revenues and Volume, By Canister, 2016-2026F |
6.2 Brazil Vacuum Cleaners Market Revenues and Volume, By Upright, 2016-2026F |
6.3 Brazil Vacuum Cleaners Market Revenues and Volume, By Robotics, 2016-2026F |
6.4 Brazil Vacuum Cleaners Market Revenues and Volume, By Others, 2016-2026F |
7. Brazil Vacuum Cleaners Market Overview, By Distribution Channel |
7.1 Brazil Vacuum Cleaners Market Revenues and Volume, By Online, 2016-2026F |
7.2 Brazil Vacuum Cleaners Market Revenues and Volume, By Offline, 2016-2026F |
8. Brazil Vacuum Cleaners Market Overview, By End User |
8.1 Brazil Vacuum Cleaners Market Revenues and Volume, By Industrial, 2016-2026F |
8.2 Brazil Vacuum Cleaners Market Revenues and Volume, By Commercial, 2016-2026F |
8.3 Brazil Vacuum Cleaners Market Revenues and Volume, By Residential, 2016-2026F |
9. Brazil Vacuum Cleaners Market - Key Performance Indicators |
10. Brazil Vacuum Cleaners Market - Opportunity Assessment |
10.1 Brazil Vacuum Cleaners Market Opportunity Assessment, By-Products, 2026F |
10.2 Brazil Vacuum Cleaners Market Opportunity Assessment, By Distribution Channel, 2026F |
10.3 Brazil Vacuum Cleaners Market Opportunity Assessment, By End User, 2026F |
11. Brazil Vacuum Cleaners Market Competitive Landscape |
11.1 Brazil Vacuum Cleaners Market Revenue Share, By Company |
11.2 Brazil Vacuum Cleaners Market Competitive Benchmarking, By Operating & Technical Parameters |
12. Company Profiles |
13. Key Recommendations |
14. Disclaimer |