Vacuum cleaners have numerous advantages, including being a time-saving means of cleaning and dusting, being energy-efficient, simple to operate, removing allergens and pet hair, and being a low-cost device. Vacuum cleaners can now clean themselves thanks to technological breakthroughs. It is a very useful device for persons who are allergic to dust or suffer from asthma. Vacuum cleaners offer numerous additional features. These advantages include quick cleaning, minimal weight, and noise cancellation. A vacuum cleaner is a type of electrical device used to remove dust and dirt from floors, upholstery, draperies, and other surfaces. The dust is collected by the vacuum cleaner and stored in a connected dust bag for later disposal. Low-pressured air enters the vacuum cleaner, assisting it in sucking up dust and grime. This dust and grime is then contained inside the vacuum cleaner in a bag, filter, or canister. According to the research report, “Global Vacuum Cleaner Market Research Report, 2023-28”, the market is anticipated to reach USD 40.55 Billion, increasing from USD 25 Billion in 2022 and registering a CAGR of 8.59%. One of the primary issues driving demand for vacuum cleaners in the residential sector is the reduction in time available for home duties as a result of the Work from Home (WFH) paradigm. Other key drivers driving global market expansion include changing lifestyles, increasing disposable incomes, a growing working population, rising purchasing power, and convenience of use. Vacuum cleaner use is increasing in many industries such as manufacturing, healthcare, and retail, which can fuel vacuum cleaner market expansion. Along with this, product innovation and the introduction of eco-friendly and hands-free, autonomous vacuum cleaners can propel the global vacuum cleaner market forward. In 2022, the residential sector held a revenue share of more than 72% of the vacuum cleaner market. Because of the broad adoption of the WFH model, people are now confined to their homes, necessitating the timely management of daily duties. As a result, demand for household appliances, notably cleaning supplies, has increased. The desire to keep houses clean and the rise in allergy and asthma symptoms caused by dust and dirt in residential settings are expected to drive demand for household vacuum cleaners. Furthermore, the increased availability of sophisticated equipment capable of successfully capturing the smallest impurities is driving market expansion for residential applications.
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Download SampleBased on Product Type, The market can be divided into Canister, Upright, Robotic, Central, Dry, Wet, and Other, which includes Back & Pneumatic. In 2022, the canister vacuum cleaner sector dominated with a market share of more than 55%. The development of canister vacuum cleaners fitted with a HEPA filter, which has a substantially lower chance of generating pulmonary side effects such as allergies and asthma, is likely to benefit the segment's future growth prospects. During the projection period, the robotics segment is expected to develop at a CAGR of more than 15%. In reaction to COVID-19, new cleaning needs and demands have evolved in order to free up the human workforce so that they can perform other jobs, particularly in hospitals. As a result of such demands, the business sector has adopted autonomous or robotic vacuum cleaners. Residential clients and end-users are drawn to features such as automated charging, smart home trends, and voice-activated commands provided by digital voice assistants such as Amazon Alexa and Google Assistant. The market is divided into two categories based on Cord type: Corded vacuum cleaners and Cordless vacuum cleaners. The Corded Vacuum Cleaner is dominating the market with a market share of around 72% due to its qualities like high suction power and Dust Capacity. With a CAGR of 10.42% through 2028, the Cordless vacuum cleaner segment is expected to rise significantly. The capacity of these robots to perform cleaning operations in difficult-to-reach regions has contributed to their growth. These vacuum cleaners are more portable since they can be converted into handheld cleaners. The machines also provide improved, quieter, and more durable performance, as well as increased battery operational capacity. The growing popularity of cordless vacuum cleaners for eliminating dust and grime from many sorts of surfaces is driving up global product demand. Based on Distribution Channel, The market is segmented into Online and Offline. Offline segment includes Supermarkets & Hypermarkets, Specialty Stores, etc. The offline segmented dominated the Vacuum Cleaner with revenue share of more than 63% in 2022 due to Easy Availability, affordability, advantage of seeing the product freely. The online segment is expected to grow at a CAGR of 10.92% during the forecast period. The increased influence of social media and online sales platforms has emerged as one of the most important growth drivers of the market. Social media platforms have been instrumental in increasing awareness about the need to maintain hygiene along with rolling out information about technologically advanced products and new launches.
Covid-19 Impact: In 2020, demand for vacuum cleaners surged exponentially in both the residential and commercial sectors, owing mostly to increased demand to maintain hygiene in hospitals and households amid an increase in COVID-19 cases. Several companies reported increased sales in these areas, although demand for vacuum cleaners in the industrial sector was decreased due to the global shutdown of industrial operations. Major Companies present in the market: Miele, BSH Home Appliances Ltd, Samsung Electronics Co., Ltd., LG Electronics, Inc., Dyson, KARCHER, AB Electrolux, Nilfisk Group, BISSELL, Koninklijke Philips N.V. Considered in this report • Geography: Global • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028
Aspects covered in this report • Global Vacuum Cleaner market with its value and forecast along with its segments • Region-wise Vacuum Cleaner market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Regions covered in the report: • North America • Europe • Asia-Pacific • South America • Middle-East & Africa By Application Type: • Residential • Commercial • Industrial By Product Type: • Canister • Robotic • Central • Dry • Wet • Upright • Others (Back, Pneumatic & Others) By Corde Type: • Cordless Vacuum Cleaner • Corde Vacuum Cleaner By Distribution Chanel: • Online • Offline The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Vacuum Cleaner industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
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