Stick Vacuum Cleaner Market size to grow by USD 3,241.58 million from 2022 to 2027; APAC is estimated to account for 43% of the market growth- Technavio

NEW YORK, June 29, 2023 /PRNewswire/ -- The stick vacuum cleaner market size is expected to grow by USD 3,241.58 million from 2022 to 2027, progressing at a CAGR of 4.24% as per the latest Technavio market research report. APAC is estimated to account for 43% of the market's overall growth. These types of vacuums have been steadily gaining popularity in the region over the past decade. India and China are experiencing a growing popularity for these vacuums due to the emergence of smart cities and people's high purchasing power and disposable income. For instance, India's purchasing power parity per capita increased from USD 6,448 in 2020 to USD 7,242 in 2021. Hence, such factors boost the regional market growth during the forecast period. For more insights on the market share of various regions- Download sample report in MINUTES

Stick Vacuum Cleaner Market: Growing Number of smart cities to drive growth

The increasing popularity of home appliances drives the growth of the stick vacuum cleaner market during the forecast period. Household appliances, especially stick vacuum cleaners, are more popular among consumers. They are versatile, lightweight devices that come in a variety of sizes and styles. These vacuum cleaners are not only stylish and convenient.

However, they also have various functions, such as being dustproof and waterproof so that they can be used in harsh working environments. Such features make the stick vacuum cleaner ideal for those who care about their family's health and well-being. Hence, such factors boost the market growth during the forecast period.

Stick Vacuum Cleaner Market: Growing Demand Via Online Retailing 

Growing demand via online retailing is an emerging market trend shaping the stick vacuum cleaner market during the forecast period. As a result of the spread of the Internet and smartphones, online shopping has become very convenient and accepted by consumers. The availability of secure transactions and cash-on-delivery options has increased the demand for stick vacuum cleaners in online sales channels.

Such factors influence various market vendors to focus on internet-savvy customer bases and explore online retail formats. Hence, due to the rise of online retailing, the global stick vacuum cleaner market is expected to witness high growth during the forecast period.

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Some of the key Stick Vacuum Cleaner Market Players:

The stick vacuum cleaner market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

AB Electrolux, Alfred Karcher SE and Co KG, Beko A and NZ Pty Ltd., BISSELL Homecare Inc., Dyson Group Co., Eastman Chemical Co., JS Global Lifestyle Co. Ltd., KENT RO Systems Ltd., klinsmann Intelligent Technology, Koninklijke Philips NV, LG Electronics Inc., Makita Corp., Miele and Cie. KG, Nilfisk AS, Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Stanley Black and Decker Inc., Techtronic Industries Co. Ltd., and Xiaomi Communications Co. Ltd.

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• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

This stick vacuum cleaner market report extensively covers market segmentation by application (home and commercial), distribution channel (offline and online), and geography (APAC, North America, Europe, South America, and Middle East and Africa).

• The market share growth by the home segment will be significant for market growth during the forecast period. Some of the major users of these vacuums include households and this segment will be driven by the increasing market entry of new players, including companies specializing in consumer electronics. The growing trend of online retail is also expected to drive the growth of this segment. Furthermore, Gulf Cooperation Council (GCC) countries such as the United Arab Emirates, Qatar, and Saudi Arabia are focusing on expanding the tourism sector and building smart cities to improve infrastructure. Hence, such factors boost the segment growth during the forecast period.

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The high-end stick vacuum cleaner market size is estimated to grow at a CAGR of 4.66% between 2022 and 2027. The market size is forecast to increase by USD 1,668.69 million. This high-end stick vacuum cleaner market report extensively covers market segmentation by distribution channel (offline and online), application (residential and commercial), and geography (APAC, North America, Europe, South America, and Middle East and Africa). The increasing popularity of luxury home appliances is notably driving the market growth.

The vacuum truck market size is expected to increase by USD 416.93 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.41%. Furthermore, this report extensively covers the vacuum truck market segmentation by application (industrial, excavation, general cleaning, and others) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). The rising use of vacuum trucks in industrial cleaning is one of the key factors driving the global vacuum truck market growth.

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global stick vacuum cleaner market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on global stick vacuum cleaner market 2017 - 2021 ($ million)

• 4.2 Application Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)

• 4.3 Distribution Channel Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments 
• Exhibit 30: Chart on Application - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Home - Market size and forecast 2022-2027
• Exhibit 34: Chart on Home - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Home - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Home - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Home - Year-over-year growth 2022-2027 (%)

• 6.4 Commercial - Market size and forecast 2022-2027
• Exhibit 38: Chart on Commercial - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Commercial - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Commercial - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Commercial - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Application 
• Exhibit 42: Market opportunity by Application ($ million)
• Exhibit 43: Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Distribution Channel

• 7.1 Market segments 
• Exhibit 44: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 45: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 7.2 Comparison by Distribution Channel 
• Exhibit 46: Chart on Comparison by Distribution Channel
• Exhibit 47: Data Table on Comparison by Distribution Channel

• 7.3 Offline - Market size and forecast 2022-2027
• Exhibit 48: Chart on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 7.4 Online - Market size and forecast 2022-2027
• Exhibit 52: Chart on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Distribution Channel
• Exhibit 56: Market opportunity by Distribution Channel ($ million)
• Exhibit 57: Data Table on Market opportunity by Distribution Channel ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 59: Chart on Market share by geography 2022-2027 (%)
• Exhibit 60: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 61: Chart on Geographic comparison
• Exhibit 62: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027
• Exhibit 63: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 North America - Market size and forecast 2022-2027
• Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027
• Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027
• Exhibit 83: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027
• Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027
• Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 Japan - Market size and forecast 2022-2027
• Exhibit 95: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.12 France - Market size and forecast 2022-2027
• Exhibit 99: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 103: Market opportunity by geography ($ million)
• Exhibit 104: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 105: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 107: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 108: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 109: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 110: Matrix on vendor position and classification

• 12.3 AB Electrolux 
• Exhibit 111: AB Electrolux - Overview
• Exhibit 112: AB Electrolux - Business segments
• Exhibit 113: AB Electrolux - Key news
• Exhibit 114: AB Electrolux - Key offerings
• Exhibit 115: AB Electrolux - Segment focus

• 12.4 Alfred Karcher SE and Co KG 
• Exhibit 116: Alfred Karcher SE and Co KG - Overview
• Exhibit 117: Alfred Karcher SE and Co KG - Product / Service
• Exhibit 118: Alfred Karcher SE and Co KG - Key offerings

• 12.5 Beko A and NZ Pty Ltd. 
• Exhibit 119: Beko A and NZ Pty Ltd. - Overview
• Exhibit 120: Beko A and NZ Pty Ltd. - Product / Service
• Exhibit 121: Beko A and NZ Pty Ltd. - Key offerings

• 12.6 BISSELL Homecare Inc. 
• Exhibit 122: BISSELL Homecare Inc. - Overview
• Exhibit 123: BISSELL Homecare Inc. - Product / Service
• Exhibit 124: BISSELL Homecare Inc. - Key offerings

• 12.7 Dyson Group Co. 
• Exhibit 125: Dyson Group Co. - Overview
• Exhibit 126: Dyson Group Co. - Product / Service
• Exhibit 127: Dyson Group Co. - Key offerings

• 12.8 klinsmann Intelligent Technology 
• Exhibit 128: klinsmann Intelligent Technology - Overview
• Exhibit 129: klinsmann Intelligent Technology - Product / Service
• Exhibit 130: klinsmann Intelligent Technology - Key offerings

• 12.9 Koninklijke Philips NV 
• Exhibit 131: Koninklijke Philips NV - Overview
• Exhibit 132: Koninklijke Philips NV - Business segments
• Exhibit 133: Koninklijke Philips NV - Key news
• Exhibit 134: Koninklijke Philips NV - Key offerings
• Exhibit 135: Koninklijke Philips NV - Segment focus

• 12.10 LG Electronics Inc. 
• Exhibit 136: LG Electronics Inc. - Overview
• Exhibit 137: LG Electronics Inc. - Product / Service
• Exhibit 138: LG Electronics Inc. - Key offerings

• 12.11 Makita Corp. 
• Exhibit 139: Makita Corp. - Overview
• Exhibit 140: Makita Corp. - Business segments
• Exhibit 141: Makita Corp. - Key offerings
• Exhibit 142: Makita Corp. - Segment focus

• 12.12 Nilfisk AS 
• Exhibit 143: Nilfisk AS - Overview
• Exhibit 144: Nilfisk AS - Business segments
• Exhibit 145: Nilfisk AS - Key offerings
• Exhibit 146: Nilfisk AS - Segment focus

• 12.13 Panasonic Holdings Corp. 
• Exhibit 147: Panasonic Holdings Corp. - Overview
• Exhibit 148: Panasonic Holdings Corp. - Business segments
• Exhibit 149: Panasonic Holdings Corp. - Key news
• Exhibit 150: Panasonic Holdings Corp. - Key offerings
• Exhibit 151: Panasonic Holdings Corp. - Segment focus

• 12.14 Robert Bosch GmbH 
• Exhibit 152: Robert Bosch GmbH - Overview
• Exhibit 153: Robert Bosch GmbH - Business segments
• Exhibit 154: Robert Bosch GmbH - Key news
• Exhibit 155: Robert Bosch GmbH - Key offerings
• Exhibit 156: Robert Bosch GmbH - Segment focus

• 12.15 Samsung Electronics Co. Ltd. 
• Exhibit 157: Samsung Electronics Co. Ltd. - Overview
• Exhibit 158: Samsung Electronics Co. Ltd. - Business segments
• Exhibit 159: Samsung Electronics Co. Ltd. - Key news
• Exhibit 160: Samsung Electronics Co. Ltd. - Key offerings
• Exhibit 161: Samsung Electronics Co. Ltd. - Segment focus

• 12.16 Stanley Black and Decker Inc. 
• Exhibit 162: Stanley Black and Decker Inc. - Overview
• Exhibit 163: Stanley Black and Decker Inc. - Business segments
• Exhibit 164: Stanley Black and Decker Inc. - Key news
• Exhibit 165: Stanley Black and Decker Inc. - Key offerings
• Exhibit 166: Stanley Black and Decker Inc. - Segment focus

• 12.17 Techtronic Industries Co. Ltd. 
• Exhibit 167: Techtronic Industries Co. Ltd. - Overview
• Exhibit 168: Techtronic Industries Co. Ltd. - Business segments
• Exhibit 169: Techtronic Industries Co. Ltd. - Key offerings
• Exhibit 170: Techtronic Industries Co. Ltd. - Segment focus

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 171: Inclusions checklist
• Exhibit 172: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 173: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 174: Research methodology
• Exhibit 175: Validation techniques employed for market sizing
• Exhibit 176: Information sources

• 13.5 List of abbreviations 
• Exhibit 177: List of abbreviations

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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