Wet Vacuum Cleaner Market Size to Grow by USD 304.35 Million, Low Maintenance Cost and High Productivity of Wet Vacuum Cleaners to Drive Growth - Technavio

NEW YORK, Nov. 17, 2022 /PRNewswire/ -- The wet vacuum cleaner market size is expected to grow by USD 304.35 million from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 4.88% during the forecast period, according to Technavio. Moreover, the year-over-year growth rate of the market in 2022 is 4.68%. Get a comprehensive report summary that describes the market size and forecast along with research methodology. The FREE sample report is available in PDF format 

Driver and Challenge

The low maintenance cost and high productivity of wet vacuum cleaners are driving the market growth. Wet vacuum cleaners need low maintenance, and their structure is compatible with consumer requirements. In addition, these devices are developed using high-quality materials and offer optimum services. Wet vacuum cleaners are more productive than traditional vacuum cleaners and manual workforce. Such benefits of wet vacuum cleaners will drive the vacuum cleaner market growth during the forecast period.

Regulatory challenges in Europe are challenging the market growth. The European Union effectively reduced its energy consumption from 1,133 megatonnes of oil equivalent (Mtoe) in 2000 to 1,061 Mtoe in 2014. As per new regulations, energy capacity has to be reduced from 1600 W to 900 W, and the operating noise has to be limited to 80 dB. Eco-design directives may negatively impact the performance of wet vacuum cleaners, which may drive many manufacturers out of the European Union. Hence, manufacturers may face issues in developing effective wet vacuum cleaners during the forecast period.

Technavio has identified key trends, drivers, and challenges in the market, which will help vendors improve their strategies to stay ahead of their competitors. Buy Now for detailed information about market dynamics

Wet Vacuum Cleaner Market Distribution Channel Outlook (Revenue, USD mn, 2021-2026)

• Offline - size and forecast 2021-2026
• Online - size and forecast 2021-2026

Wet Vacuum Cleaner Market Geography Outlook (Revenue, USD mn, 2021-2026)

• North America - size and forecast 2021-2026
• Europe - size and forecast 2021-2026
• APAC - size and forecast 2021-2026
• Middle East and Africa - size and forecast 2021-2026
• South America - size and forecast 2021-2026

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report

Revenue-generating Distribution Channel Segments

The offline segment will be a significant contributor to market growth during the forecast period. The offline distribution channel is popular, which can be attributed to changing consumer lifestyles and rapid urbanization. The offline distribution segment includes hypermarkets, supermarkets, discount stores, specialty stores, and individual retailers. Hypermarkets and supermarkets offer multiple vacuum cleaners from various brands. Specialty stores provide high-quality service, extensive product information, and professional advice to clients. Voucher and discount promotions are popular for brand marketing, acquiring new customers, and improving sales value.

Major Wet Vacuum Cleaner Companies

• AB Electrolux
• Alfred Karcher SE and Co. KG
• BISSELL Homecare Inc.
• Delfin srl
• Dyson Technology India Pvt. Ltd.
• Emerson Electric Co.
• Hako Australia Pty Ltd.
• Koninklijke Philips NV
• Nilfisk AS
• Snow Joe LLC
• Stanley Black and Decker Inc.
• Tennant Co.
• Tineco Intelligent Technology Co. Ltd.

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Table of Contents

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 Distribution Channel
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Distribution Channel

• 5.1 Market segments 
• Exhibit 24: Chart on Distribution Channel - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Distribution Channel - Market share 2021-2026 (%)

• 5.2 Comparison by Distribution Channel 
• Exhibit 26: Chart on Comparison by Distribution Channel
• Exhibit 27: Data Table on Comparison by Distribution Channel

• 5.3 Offline - Market size and forecast 2021-2026
• Exhibit 28: Chart on Offline - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Offline - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Offline - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Offline - Year-over-year growth 2021-2026 (%)

• 5.4 Online - Market size and forecast 2021-2026
• Exhibit 32: Chart on Online - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Online - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Online - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Online - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Distribution Channel
• Exhibit 36: Market opportunity by Distribution Channel ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.7 South America - Market size and forecast 2021-2026
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 Germany - Market size and forecast 2021-2026
• Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.10 UK - Market size and forecast 2021-2026
• Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.11 China - Market size and forecast 2021-2026
• Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.12 France - Market size and forecast 2021-2026
• Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 88: Matrix on vendor position and classification

• 10.3 AB Electrolux 
• Exhibit 89: AB Electrolux - Overview
• Exhibit 90: AB Electrolux - Business segments
• Exhibit 91: AB Electrolux - Key news
• Exhibit 92: AB Electrolux - Key offerings
• Exhibit 93: AB Electrolux - Segment focus

• 10.4 Alfred Karcher SE and Co. KG 
• Exhibit 94: Alfred Karcher SE and Co. KG - Overview
• Exhibit 95: Alfred Karcher SE and Co. KG - Product / Service
• Exhibit 96: Alfred Karcher SE and Co. KG - Key offerings

• 10.5 BISSELL Homecare Inc. 
• Exhibit 97: BISSELL Homecare Inc. - Overview
• Exhibit 98: BISSELL Homecare Inc. - Product / Service
• Exhibit 99: BISSELL Homecare Inc. - Key offerings

• 10.6 Delfin srl 
• Exhibit 100: Delfin srl - Overview
• Exhibit 101: Delfin srl - Product / Service
• Exhibit 102: Delfin srl - Key offerings

• 10.7 Hako Australia Pty Ltd. 
• Exhibit 103: Hako Australia Pty Ltd. - Overview
• Exhibit 104: Hako Australia Pty Ltd. - Product / Service
• Exhibit 105: Hako Australia Pty Ltd. - Key offerings

• 10.8 Koninklijke Philips NV 
• Exhibit 106: Koninklijke Philips NV - Overview
• Exhibit 107: Koninklijke Philips NV - Business segments
• Exhibit 108: Koninklijke Philips NV - Key news
• Exhibit 109: Koninklijke Philips NV - Key offerings
• Exhibit 110: Koninklijke Philips NV - Segment focus

• 10.9 Nilfisk AS 
• Exhibit 111: Nilfisk AS - Overview
• Exhibit 112: Nilfisk AS - Business segments
• Exhibit 113: Nilfisk AS - Key offerings
• Exhibit 114: Nilfisk AS - Segment focus

• 10.10 Stanley Black and Decker Inc. 
• Exhibit 115: Stanley Black and Decker Inc. - Overview
• Exhibit 116: Stanley Black and Decker Inc. - Business segments
• Exhibit 117: Stanley Black and Decker Inc. - Key news
• Exhibit 118: Stanley Black and Decker Inc. - Key offerings
• Exhibit 119: Stanley Black and Decker Inc. - Segment focus

• 10.11 Tennant Co. 
• Exhibit 120: Tennant Co. - Overview
• Exhibit 121: Tennant Co. - Business segments
• Exhibit 122: Tennant Co. - Key offerings
• Exhibit 123: Tennant Co. - Segment focus

• 10.12 Tineco Intelligent Technology Co. Ltd.
• Exhibit 124: Tineco Intelligent Technology Co. Ltd. - Overview
• Exhibit 125: Tineco Intelligent Technology Co. Ltd. - Product / Service
• Exhibit 126: Tineco Intelligent Technology Co. Ltd. - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 127: Inclusions checklist
• Exhibit 128: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 129: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 130: Research methodology
• Exhibit 131: Validation techniques employed for market sizing
• Exhibit 132: Information sources

• 11.5 List of abbreviations 
• Exhibit 133: List of abbreviations

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.

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