DUBLIN, July 5, 2021 /PRNewswire/ -- The "Vacuum Cleaner Market Size, Share & Trends Analysis Report by Product (Canister, Central, Drum, Robotic, Upright, Wet & Dry), Distribution Channel, Application, Region, and Segment Forecasts, 2021-2028" report has been added toResearchAndMarkets.com's offering.
The global vacuum cleaner market size is expected to reach USD 20.66 billion by 2028, registering a CAGR of 9.6% from 2021 to 2028. The growing per capita income in developing countries is one of the key factors leading to the increased consumer demand for advanced vacuum cleaners. Moreover, the COVID-19 pandemic has made people pay more attention to cleanliness and hygiene to maintain a sense of safety in private and public spaces. This is estimated to drive market growth over the next few years.The COVID-19 lockdowns and related travel restrictions have restricted access to housekeeping services. The increased struggle to manage all household chores while maintaining high cleanliness and hygiene standards is driving the demand for household appliances such as vacuum cleaners. To put this into perspective, Panasonic India has seen a growth of 20% in the sales of vacuum cleaners compared to pre-COVID times. Eureka Forbes Ltd. also witnessed strong demand for vacuum cleaners amidst the pandemic in India.Government initiatives such as 'Swachh Bharat Mission' and 100% FDI in India have further fueled the growth of the regional market. Automatic vacuum cleaners and sweepers play a key role in maintaining public health in commercial places. Several state governments in India have adopted road sweeping machines that work like vacuum cleaners to clean the roads. In 2019, Anker Innovations, a Chinese electronics company, entered the Indian market under the FDI scheme with its Eufy range of robot vacuum cleaners and experienced positive growth in 2020.The market growth is influenced by strong and well-established distribution channels and diversification of manufacturing and supply chain capabilities. For instance, in January 2020, iRobot Corporation expanded its manufacturing facilities in Malaysia to serve the growing demand for household vacuum cleaners in developing countries. In 2018, Snow Joe, LLC leased a Class A distribution center in New Jersey to expand its regional footprint and cater to the demand in the state. The online distribution channel has also gained momentum in recent years and companies are emphasizing the direct-to-consumer sales channel. In 2020, Nilfisk Group launched an e-commerce platform to provide a seamless and improved digital customer experience to its customers. iRobot Corp. is also investing a significant amount in strengthening its direct-to-consumer sales channel infrastructure.
Vacuum Cleaner Market Report Highlights
Key Topics Covered:Chapter 1 MethodologyChapter 2 Executive Summary2.1 Market Outlook2.2 Segment OutlookChapter 3 Vacuum Cleaner Market Industry Outlook3.1 Market Size and Growth Prospects3.2 Value Chain Analysis3.3 Market Dynamics3.4 Penetration and Growth Prospect Mapping3.5 Business Environment Analysis ToolsChapter 4 Vacuum Cleaner Market Product Outlook4.1 Market Size Estimates & Forecasts and Trend Analysis, 2017-2028 (USD Million)4.2 Market: Product Movement Analysis, 2020 & 2028Chapter 5 Vacuum Cleaner Market Distribution Channel Outlook5.1 Market Size Estimates & Forecasts and Trend Analysis, 2017-2028 (USD Million)5.2 Market: Distribution Channel Movement Analysis, 2020 & 2028Chapter 6 Vacuum Cleaner Market Application Outlook6.1 Market Size Estimates & Forecasts and Trend Analysis, 2017-2028 (USD Million)6.2 Market: Application Movement Analysis, 2020 & 2028Chapter 7 Regional Market Outlook7.1 Market Size Estimates & Forecasts and Trend Analysis, 2017-2028 (USD Million)7.2 Vacuum Cleaner Market: Regional Movement Analysis, 2020 & 2028Chapter 8 Competitive Landscape8.1 Key Global Players, Recent Developments & Their Impact on the Industry8.2. Key Company Categorization (Key Innovators, Market Leaders, Emerging Players, Niche Players)8.3. Company Market Share Analysis, 2020Chapter 9 Company Profiles9.1 Alfred Karcher SE & Co. KG9.2 BISSELL9.3 CRAFTSMAN9.4 DEWALT9.5 Dyson9.6 ECOVACS9.7 Emerson Electric Co.9.8 Haier Smart Home Co., Ltd (Qingdao Haier Co., Ltd.)9.9 iRobot Corporation9.10 Neato Robotics, Inc.9.11 Nilfisk Group9.12 Panasonic Corporation9.13 Snow Joe, LLC
For more information about this report visit https://www.researchandmarkets.com/r/if7vmt
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