Household Vacuum Cleaner Market Size is USD 13840 Million by 2026 at CAGR 3.7% | Valuates Reports
BANGALORE, India, Jan. 21, 2021 /PRNewswire/ -- Household Vacuum Cleaner Market is Segmented by Type (Canister and Cylinder, Robotic, Handheld), by Application (Online Retail, Offline Retail), by Regions & Key players Regional Growth: Global Opportunity Analysis and Industry Forecast, 2021–2026. This report is published on Valuates Reports in the Home Appliances Category.
The global Household Vacuum Cleaners market size is projected to reach USD 13840 Million by 2026, from USD 11150 Million in 2020, at a CAGR of 3.7% during 2021-2026.
Major factors driving the growth of Household Vacuum Cleaner Market size are increased purchasing power, rise in health & hygiene concerns, and growth in the working population.
The report includes a country-wise and region-wise market size for the period 2021-2026. It also includes market size and forecast by Type and application segment in terms of sales and revenue for 2021-2026.
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TRENDS INFLUENCING THE GROWTH OF HOUSEHOLD VACUUM CLEANER MARKET SIZE
Increasing demand for compact & convenient cleaning appliances is expected to drive the growth of the Household vacuum cleaner market size. These cleaners offer enhanced portability and convenience due to their ergonomic design. Furthermore, household vacuum cleaners can be used for multiple cleaning purposes, including cleaning cars, pet hair, and couch & rugs due to their maneuverability.
Growing trends of dual-income families and reduced time for domestic chores are expected to drive the growth of household vacuum cleaner market size. Furthermore, the increasing urban population and improved living standards in developed economies are complementing the growth of household vacuum cleaner market size.
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HOUSEHOLD VACUUM CLEANER MARKET SHARE ANALYSIS
Based on Type, the robotic vacuum cleaner segment is expected to witness the highest growth in the Household vacuum cleaner market. This rise in popularity of robotic vacuum cleaners is due to their increasing functionality and performance. Robotic Vacuum cleaners do not require human operators and can clean more complex areas. Furthermore, robotic Vacuum cleaners provide features such as room mapping, robotic self-charging, and laser vision to offer more convenience to users.
Based on the application, the online retail segment is expected to hold the largest household vacuum cleaner market share during the forecast period. Consumers prefer online retail outlets because of the availability of a wide range of offerings.
Based on the region, the Asia-Pacific region is expected to hold the largest household vacuum cleaner market share during the forecast period. The fast-growing e-commerce industry in Asia-Pacific countries, including India, China, and Japan, is providing lucrative opportunities for market players. Furthermore, increasing health awareness and a rise in disposable income are expected to drive the growth of household vacuum cleaner market size.
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HOUSEHOLD VACUUM CLEANER MARKET SEGMENTATION
Segment by Type, the Household Vacuum Cleaner market is segmented into
Segment by Application, the Household Vacuum Cleaner market is segmented into
- Online Retail
- Offline Retail.
The major vendors covered:
- BISSELL
- Dyson
- Electrolux
- BSH Home Appliances
- Haier
- iRobot
- Koninklijke Philips
- LG Electronics
- Miele
- NEATO ROBOTICS
- Panasonic
- SAMSUNG
- SharkNinja Operating.
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SIMILAR REPORTS :
- Commercial Vacuum Cleaners Market was 7540 Million USD in 2018 and is expected to be USD 9190 Million by the end of 2025, growing at a CAGR of 2.5% between 2019 and 2025.
- Robotic Vacuum Cleaner Market size is projected to reach USD 10490 Million by 2026, from USD 3855.6 Million in 2019, at a CAGR of 15.2% during 2021-2026.
- Handheld Vacuum Cleaner Market is Segmented by Type (Cordless Vacuum Cleaner, Corded Vacuum Cleaner), by Application (Automotive Use, Home Use) and by various regions.
- Residential Robotic Vacuum Cleaner Market is Expected to Reach 9866 Million USD With a CAGR of 12.5% by 2025.
- Cordless Vacuum Cleaner Market size is projected to reach USD 5775.4 Million by 2026, from USD 2894.9 Million in 2019, at a CAGR of 12.2% during 2021-2026.
- Horizontal Vacuum Cleaners Market is Segmented by Type (Dust Box Vacuum Cleaner, Dust Bag Vacuum Cleaner), by Application (Commercial, Household) and by various regions.
- The Swimming Pool Vacuum Cleaners Market is Segmented by Type (Robotic Pool Vacuum Cleaners, Suction Pool Vacuum Cleaners, Pressure Pool Vacuum Cleaners), by Application (Commercial Swimming Pool, Residential Swimming Pool) and by various regions.
- Handheld Vacuum Cleaners Market is Segmented by Type (Cordless Vacuum Cleaners, Cord Vacuum Cleaners), by Application (Household, Commercial) and by various regions.
- Cylinder Vacuum Cleaners Market is Segmented by Type (Bagged Type, Bagless Type), byApplication (Household, Commercial, Industrial) and by various regions.
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