Global Household Vacuum Cleaners Market was valued US$13.02 Bn in 2017 and is expected to reach US$18.3 Bn by 2026, at a CAGR of 4.35 % during a forecast period.
The household vacuum cleaners market is segmented into product type, distribution channel, and region.
Further, global household vacuum cleaners market based on product type includes upright, canister, central, robotic, drum, wet & dry. In terms of distribution channel segment, global household vacuum cleaners market is classified into supermarkets, hypermarkets, convenience stores, specialty stores, and online or e-commerce.
Based on regions, the global household vacuum cleaners market is divided into five main regions are America, Europe, Asia-pacific, Latin America and Middle East & Africa.
Global Household Vacuum Cleaners Market
Vacuum cleaners are electrical appliances that use an air pump to suck up dirt and dust from floors and other surfaces.
In terms of product, central products are easier to use and cause low noise. However, they take large storage space and require professional installation. Robotic vacuum cleaners are more expensive than other available products. These are automated and require least manual guidance robotic vacuum cleaners have various innovative features to make cleaning a hassle-free process, including sweeping brushes, acoustic sensors, automated mapping, and self-charging capabilities. Limited time availability for residential cleaning activity is anticipated to drive demand over the forecast period. Robotic cleaners are also equipped with security features to alert people about fire or intrusion
Based on the distribution channel, online sale of household appliances is increased due to convenience, comfort, and variety offered. Moreover, the availability of products at reasonable prices attracts the customers towards e-commerce. The sale of vacuum cleaners via online mode is moderate nowadays.
The major driving factor of global household vacuum cleaners market is improved living standards, concerns towards hygiene & cleanliness, rising trend for dual income families and limited time for domestic chores. Additionally, Economies of scale reduce selling price boosts the market growth.
Rising energy consumption and price of electricity is expected to hinder household vacuum cleaners industry growth over the forecast period. The failure of household vacuum cleaners devices to efficiently clean complex structure is also anticipated to restrain growth.
Challenges of global household vacuum cleaners market is increasing competition from alternative technology products like floor scrubbers and polishers.
In terms of region, Asia Pacific household vacuum cleaners market is anticipated to witness growth owing to increasing health awareness and rise in disposable income. North America vacuum cleaners market is expected to grow at a significant rate owing to the popularity of bag-less and multi-surface products. Europe, household vacuum cleaners market, is anticipated to witness growth owing to decreasing lifetime of products and increasing new as well as replacement demand.
Key companies in global household vacuum cleaners market include Bissell Inc., Dyson Ltd., Electrolux AB, Eureka Forbes, Haier Group Corporation, HausVac Inc., iRobot Corporation, Koninklijke Philips N.V., LG Electronics Inc., Miele &Cie KG, Panasonic Corporation, Robert Bosch GmbH, Samsung Electronics Co., Ltd., Oreck Corporation, BLACK&DECKER Inc., and Techtronic Industries Co. Ltd.
Scope of Global Household Vacuum Cleaners Market:
Global Household Vacuum Cleaners Market, by Product Type:
• Wet & dry
Global Household Vacuum Cleaners Market, by Distribution Channel:
• Convenient Stores
• Specialty Stores
• Online or E-Commerce
Global Household Vacuum Cleaners Market, by Region:
• North America
• Middle East & Africa
• Asia Pacific
• Latin America
Key players operated in Global Household Vacuum Cleaners Market:
• Bissell Inc.
• Dyson Ltd.
• Electrolux AB
• Eureka Forbes
• Haier Group Corporation
• HausVac Inc.
• iRobot Corporation
• Koninklijke Philips N.V.
• LG Electronics Inc.
• Miele &Cie KG
• Panasonic Corporation
• Robert Bosch GmbH
• Samsung Electronics Co., Ltd.
• Oreck Corporation
• BLACK&DECKER Inc.
• Techtronic Industries Co. Ltd.
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