Market Forecast By Products (Canister, Robotics, Upright, Others), By Distribution Channel (Online, Offline), By End Users (Industrial, Commercial, Residential), By Regions (North America, Latin America, Europe, Asia Pacific And Middle East and Africa) And Competitive Landscape.
Product Code: ETC001473 | Publication Date: Dec 2019 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Report Name | Global Vacuum Cleaners Market |
Forecast period | 2024-2030 |
CAGR | 7.8% |
Growing Sector | Online |
The Global Vacuum Cleaners Market report provides a comprehensive evaluation by products, distribution channel, end users, and regions. The market 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.
The Global Vacuum Cleaners Market is experiencing rapid growth, driven by advancements in smart home technologies and increasing hygiene awareness among consumers. Key trends include the rise of robotic vacuums and significant gains in online sales channels. The market also benefits from technological advancements and consumer preferences for energy-efficient and automated cleaning solutions. However, challenges such as high costs and competition from traditional cleaning methods persist. Overall, the market is poised for continued expansion over the forecast period.
According to 6Wresearch, the Global Vacuum Cleaners Market size is expected to grow at a significant CAGR of 7.8% during the forecast period 2024-2030. The growth of the Global Vacuum Cleaners Market is primarily fueled by technological innovations and the rising adoption of smart home solutions. Consumers are increasingly valuing automated and energy-efficient devices, which has led to increased demand for robotic and IoT-integrated vacuum cleaners. Additionally, growing concerns about hygiene and cleanliness, spurred by urbanization and changing lifestyles, drive the market. Government initiatives promoting energy efficiency and eco-friendly appliances further bolster this growth.
Despite its growth, the Global Vacuum Cleaners Market faces several challenges. The high initial cost of advanced vacuum cleaners can deter potential buyers. Additionally, there is a persistent reliance on traditional cleaning methods in some regions, limiting market penetration. Economic uncertainties, such as fluctuating currency rates and trade policies, add layers of complexity. Finally, the technological sophistication of newer models requires consumer education and trusted sales channels to overcome resistance to change.
Prominent players in the Global Vacuum Cleaners Market include Dyson, Miele, Bosch, and iRobot. These companies are at the forefront of innovation, offering a wide range of vacuum cleaners with cutting-edge features. Their strategic initiatives, including mergers, acquisitions, and partnerships, enhance their market presence and competitive advantage.
Several global initiatives support the growth of the vacuum cleaners market. Programs such as the EU’s Eco-design Directive mandate energy efficiency standards for household appliances. The Energy Star program in the United States recognizes products that meet certain energy-saving criteria. These initiatives aim to reduce energy consumption and carbon emissions, promoting the adoption of eco-friendly and efficient vacuum cleaners, thus driving market growth.
The future of the Global Vacuum Cleaners Market looks promising with continuous advancements in smart home technologies and increasing health awareness. Emerging trends include the development of more efficient and user-friendly robotic vacuum cleaners. However, the sector must navigate challenges such as high costs and traditional practices. The market is likely to see growth through strategic partnerships and the increasing affordability of advanced models, presenting significant opportunities for key players and new entrants alike.
According to Ravi Bhandari, Research Head, 6Wresearch, among the types of vacuum cleaners in the Global market, robotic vacuum cleaners are experiencing the most significant growth. The demand for robotic vacuums is driven by their convenience, ease of use, and advanced features such as automation, smart navigation, and compatibility with smart home ecosystems. These vacuum cleaners are particularly appealing to busy urban dwellers and tech-savvy consumers looking to enhance their home automation setups. Furthermore, as innovations continue to improve battery life and cleaning efficiency, the adoption of robotic vacuum cleaners is expected to surge.
In the distribution channel segment, the online sales channel is witnessing robust growth in the Global Vacuum Cleaners Market. Online retailers offer a wide variety of models, customer reviews, and the convenience of home delivery, which appeal strongly to today’s consumers. Moreover, the ability to compare prices and features easily has increased consumer confidence in making online purchases. The growing use of e-commerce platforms and the trend towards digital shopping have significantly driven the sales of vacuum cleaners through online channels.
Within the end-users segment, the residential sector is the fastest-growing segment in the Global Vacuum Cleaners Market. The rise in urbanization, increased disposable incomes, and heightened hygiene awareness have all contributed to the growing demand for advanced home cleaning solutions. Consumers are increasingly looking for efficient, user-friendly devices to manage household chores, prompting a higher uptake of various vacuum cleaners in domestic settings. The availability of diverse models catering to different home sizes and needs further drives this growth.
The Asia Pacific region is experiencing the most rapid growth in the Global Vacuum Cleaners Market. Rapid urbanization, growing middle-class populations, and the increasing adoption of advanced home appliances contribute to this trend. Countries like China, India, and Japan are leading this growth due to their large consumer bases and rising purchasing power. Additionally, heightened awareness of hygiene and cleanliness driven by recent health concerns has spurred demand for efficient and effective cleaning solutions in the region.
The report offers a comprehensive study 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. Global Vacuum Cleaners Market Overview |
3.1 Global Country Indicators |
3.2 Global Vacuum Cleaners Market Revenues and Volume 2020-2030F |
3.3 Global Vacuum Cleaners Market Revenue Share, By-Products, 2020 & 2030F |
3.4 Global Vacuum Cleaners Market Revenue Share, By Distribution Channel, 2020 & 2030F |
3.5 Global Vacuum Cleaners Market Revenue Share, By End User, 2020 & 2030F |
3.6 Global Vacuum Cleaners Market Revenue Share, By Regions, 2020 & 2030F |
3.7 Global Vacuum Cleaners Market - Industry Life Cycle |
3.8 Global Vacuum Cleaners Market - Porter’s Five Forces |
4. Global Vacuum Cleaners Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Global Vacuum Cleaners Market Trends |
6. Global Vacuum Cleaners Market Overview, By-Products |
6.1 Global Vacuum Cleaners Market Revenues and Volume, By Canister, 2020-2030F |
6.2 Global Vacuum Cleaners Market Revenues and Volume, By Upright, 2020-2030F |
6.3 Global Vacuum Cleaners Market Revenues and Volume, By Robotics, 2020-2030F |
6.4 Global Vacuum Cleaners Market Revenues and Volume, By Others, 2020-2030F |
7. Global Vacuum Cleaners Market Overview, By Distribution Channel |
7.1 Global Vacuum Cleaners Market Revenues and Volume, By Online, 2020-2030F |
7.2 Global Vacuum Cleaners Market Revenues and Volume, By Offline, 2020-2030F |
8. Global Vacuum Cleaners Market Overview, By End User |
8.1 Global Vacuum Cleaners Market Revenues and Volume, By Industrial, 2020-2030F |
8.2 Global Vacuum Cleaners Market Revenues and Volume, By Commercial, 2020-2030F |
8.3 Global Vacuum Cleaners Market Revenues and Volume, By Residential, 2020-2030F |
9. North America Vacuum Cleaners Market Overview |
9.1 North America Vacuum Cleaners Market Revenues & Volume, 2020-2030F |
9.2 North America Vacuum Cleaners Market Revenues and Volume, By Products, 2020-2030F |
9.3 North America Vacuum Cleaners Market Revenues and Volume, By Distribution Channel, 2020-2030F |
9.4 North America Vacuum Cleaners Market Revenues and Volume, By End User, 2020-2030F |
9.5 North America Vacuum Cleaners Market Revenues and Volume, By Countries, 2020-2030F |
10. Latin America Vacuum Cleaners Market Overview |
10.1 Latin America Vacuum Cleaners Market Revenues & Volume, 2020-2030F |
10.2 Latin America Vacuum Cleaners Market Revenues and Volume, By Products, 2020-2030F |
10.3 Latin America Vacuum Cleaners Market Revenues and Volume, By Distribution Channel, 2020-2030F |
10.4 Latin America Vacuum Cleaners Market Revenues and Volume, By End User, 2020-2030F |
10.5 Latin America Vacuum Cleaners Market Revenues and Volume, By Countries, 2020-2030F |
11. Europe Vacuum Cleaners Market Overview |
11.1 Europe Vacuum Cleaners Market Revenues & Volume, 2020-2030F |
11.2 Europe Vacuum Cleaners Market Revenues and Volume, By Products, 2020-2030F |
11.3 Europe Vacuum Cleaners Market Revenues and Volume, By Distribution Channel, 2020-2030F |
11.4 Europe Vacuum Cleaners Market Revenues and Volume, By End User, 2020-2030F |
11.5 Europe Vacuum Cleaners Market Revenues and Volume, By Countries, 2020-2030F |
12. Asia Pacific Vacuum Cleaners Market Overview |
12.1 Asia Pacific Vacuum Cleaners Market Revenues & Volume, 2020-2030F |
12.2 Asia Pacific Vacuum Cleaners Market Revenues and Volume, By Products, 2020-2030F |
12.3 Asia Pacific Vacuum Cleaners Market Revenues and Volume, By Distribution Channel, 2020-2030F |
12.4 Asia Pacific Vacuum Cleaners Market Revenues and Volume, By End User, 2020-2030F |
12.5 Asia Pacific Vacuum Cleaners Market Revenues and Volume, By Countries, 2020-2030F |
13. The Middle East and Africa Vacuum Cleaners Market Overview |
13.1 the Middle East and Africa Vacuum Cleaners Market Revenues & Volume, 2020-2030F |
13.2 the Middle East and Africa Vacuum Cleaners Market Revenues and Volume, By Products, 2020-2030F |
13.3 the Middle East and Africa Vacuum Cleaners Market Revenues and Volume, By Distribution Channel, 2020-2030F |
13.4 the Middle East and Africa Vacuum Cleaners Market Revenues and Volume, By End User, 2020-2030F |
13.5 the Middle East and Africa Vacuum Cleaners Market Revenues and Volume, By Countries, 2020-2030F |
14. Global Vacuum Cleaners Market - Key Performance Indicators |
15. Global Vacuum Cleaners Market - Opportunity Assessment |
15.1 Global Vacuum Cleaners Market Opportunity Assessment, By-Products, 2030F |
15.2 Global Vacuum Cleaners Market Opportunity Assessment, By Distribution Channel, 2030F |
15.3 Global Vacuum Cleaners Market Opportunity Assessment, By End User, 2030F |
15.4 Global Vacuum Cleaners Market Opportunity Assessment, By Regions, 2030F |
16. Global Vacuum Cleaners Market Competitive Landscape |
16.1 Global Vacuum Cleaners Market Revenue Share, By Companies, 2023 |
16.1.1 North America Vacuum Cleaners Market Revenue Share, By Companies, 2023 |
16.1.2 Latin America Vacuum Cleaners Market Revenue Share, By Companies, 2023 |
16.1.3 Europe Vacuum Cleaners Market Revenue Share, By Companies, 2023 |
16.1.4 Asia Pacific Vacuum Cleaners Market Revenue Share, By Companies, 2023 |
16.1.5 the Middle East and Africa Vacuum Cleaners Market Revenue Share, By Companies, 2023 |
16.2 Global Vacuum Cleaners Market Competitive Benchmarking, By Operating Parameters |
17. Company Profiles |
18. Strategic Recommendation |
19. Disclaimer |