Market Forecast By Products (Canister, Robotics, Upright & Others), By Distribution Channel (Online, Offline), By End Users (Industrial, Commercial, Residential) and Competitive Landscape
Product Code: ETC004433 | 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 Germany. It has registered a growth of 43.1% over the previous year. While Germany registered a decline of -20.61% as compared to the previous year. In the year 2017, China was the largest exporter followed by Germany. In terms of Herfindahl Index, which measures the competitiveness of countries exporting, South Africa has a Herfindahl index of 3933 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of 5268 which signifies high concentration in the market.
South Africa Vacuum Cleaners Market is expected to witness major development by 2023 due to the increasing adoption of smart home appliances by the population of the country. There has been a shift towards sustainable products as Consumers in South Africa are becoming more aware of their carbon footprint. There is a major demand for energy-efficient and eco-friendly cleaning instruments. The move towards cordless vacuums is the latest trend gaining traction in the South Africa market. These advanced models offer greater flexibility and ease of use compared to traditional and primitive corded vacuum cleaners. The industry is also witnessing a push towards more ergonomic designs to make the cleaning process more user-friendly. Due to these improved designs and technology, buying a quality vacuum cleaner will be an investment in the year 2023.
The South Africa Vacuum Cleaners Market report thoroughly covers the market by product, 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.
South Africa Vacuum Cleaners Market is expected to grow in the forecast year mainly due to the availability of online shopping platforms like Amazon and Takealot. The advancement in technology and urbanization has also propelled the growth of the market.
According to 6Wresearch, the South Africa Vacuum Cleaners Market size is projected to register growth during 2020-2026. The increase in the rising urban population along with the rising concerns of the population regarding maintaining health and hygiene for safe living and maintaining a healthy environment is fuelling the growth of the market. An increase in the discretionary spending of consumers along with technological advancements in house cleaning equipment is anticipated to be a major growth factor for the progressive growth of the market in the upcoming six years and the timeframe thereafter. Additionally, a spur in the government initiatives regarding the promotion and awareness of health and hygiene of the natives of the country to sustain good health and maintain a healthy living environment is expected to proliferate the market in the foreseeable future. There are various challenges in the market. Affordability of the product is a major challenge in the market as Consumers lack the financial means to buy vacuum cleaners. Lack of awareness and education about the product restrains the growth of the South Africa Vacuum Cleaners Industry.
The COVID-19 pandemic had a major impact on the Vacuum cleaners market in South Africa. The supply chain was heavily affected due to border closures and transportation restrictions. The manufacturers were struggling to keep up with the demand of the consumers as there was the unavailability of certain models in the market on the account of the closedown of business and production units. The pandemic heavily impacted the economic aspect of the country and consumers were reluctant to invest heavily in vacuum cleaners. This led to a shift towards e-commerce platforms and an increase in online shopping. The producers were struggling hard to offer innovative products in the midst of the global health crisis.
These are the notable players in the market who are having a substantial share in the market and leading to a rise in South Africa Vacuum Cleaners Market Share.
The South Africa vacuum cleaner market is expected to develop tremendously in the forthcoming years as more consumers are becoming aware of the importance of hygiene and cleanliness in public and private spaces. Companies are increasingly focusing on development of the new technologies that can make cleaning easier and more effective such as cordless vacuums and robot cleaners. The prices have become much more affordable for consumers due to increased competition from international brands and companies. The growth in online shopping and e–commerce platforms has made it easier for customers to compare prices and find better deals on the product.
According to Dhaval, Research Manager, 6Wresearch, On the basis of product, the Canister Vacuum cleaner is likely to experience growth in the market due it its wide use in cleaning various areas and surfaces.
On the basis of distribution channels, the market is divided into Online and offline segments. Offline segments are anticipated to have a substantial share in the market on the account of increasing preference of consumers to see the product before purchase.
By end user, the residential end users are expected to witness tremendous growth on the account of increasing awareness about health and hygiene and this factor will stimulate South Africa Vacuum Cleaners Market Growth.
The report offers a comprehensive study of the subsequent 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. South Africa Vacuum Cleaners Market Overview |
3.1 South Africa Country Indicators |
3.2 South Africa Vacuum Cleaners Market Revenues and Volume 2016-2026F |
3.3 South Africa Vacuum Cleaners Market Revenue Share, By-Products, 2019 & 2026F |
3.4 South Africa Vacuum Cleaners Market Revenue Share, By Distribution Channel, 2019 & 2026F |
3.5 South Africa Vacuum Cleaners Market Revenue Share, By End User, 2019 & 2026F |
3.6 South Africa Vacuum Cleaners Market Revenue Share, By Regions, 2019 & 2026F |
3.7 South Africa Vacuum Cleaners Market - Industry Life Cycle |
3.8 South Africa Vacuum Cleaners Market - Porter’s Five Forces |
4. South Africa Vacuum Cleaners Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. South Africa Vacuum Cleaners Market Trends |
6. South Africa Vacuum Cleaners Market Overview, By-Products |
6.1 South Africa Vacuum Cleaners Market Revenues and Volume, By Canister, 2016-2026F |
6.2 South Africa Vacuum Cleaners Market Revenues and Volume, By Upright, 2016-2026F |
6.3 South Africa Vacuum Cleaners Market Revenues and Volume, By Robotics, 2016-2026F |
6.4 South Africa Vacuum Cleaners Market Revenues and Volume, By Others, 2016-2026F |
7. South Africa Vacuum Cleaners Market Overview, By Distribution Channel |
7.1 South Africa Vacuum Cleaners Market Revenues and Volume, By Online, 2016-2026F |
7.2 South Africa Vacuum Cleaners Market Revenues and Volume, By Offline, 2016-2026F |
8. South Africa Vacuum Cleaners Market Overview, By End User |
8.1 South Africa Vacuum Cleaners Market Revenues and Volume, By Industrial, 2016-2026F |
8.2 South Africa Vacuum Cleaners Market Revenues and Volume, By Commercial, 2016-2026F |
8.3 South Africa Vacuum Cleaners Market Revenues and Volume, By Residential, 2016-2026F |
9. South Africa Vacuum Cleaners Market - Key Performance Indicators |
10. South Africa Vacuum Cleaners Market - Opportunity Assessment |
10.1 South Africa Vacuum Cleaners Market Opportunity Assessment, By-Products, 2026F |
10.2 South Africa Vacuum Cleaners Market Opportunity Assessment, By Distribution Channel, 2026F |
10.3 South Africa Vacuum Cleaners Market Opportunity Assessment, By End User, 2026F |
11. South Africa Vacuum Cleaners Market Competitive Landscape |
11.1 South Africa Vacuum Cleaners Market Revenue Share, By Company |
11.2 South Africa Vacuum Cleaners Market Competitive Benchmarking, By Operating & Technical Parameters |
12. Company Profiles |
13. Key Recommendations |
14. Disclaimer |