Global Vacuum Cleaner Market: Insights & Forecast with Potential Impact of COVID-19 (2020-2024)

Global Vacuum Cleaner Market: Insights & Forecast with Potential Impact of COVID-19 (2020-2024)

The global vacuum cleaner market is estimated to reach US$20.5 billion in 2024, growing at a CAGR of 6.06% for the period spanning from 2020 to 2024. The factors such as growing urban population, rising incidences of allergy related diseases, growing working women population, changing lifestyle and concerns about health and indoor air pollution are expected to drive the market. However, growth of the industry will be challenged by high cost associated with machinery and high power supply. A few notable trends include integration of AI technology, protection against hazardous dust and hygiene, growing trend of smart homes and new product launches.

The global vacuum cleaner market is segmented into canister, upright, robotics, central, drum and others. The global vacuum cleaner market is highly dominated by canister vacuum cleaners owing to its ease of use, high suction power, and convenience to store.

The global vacuum cleaner market is expected to grow in future due to growing urbanization, rising awareness regarding new vacuum cleaner technologies and rising concerns towards hygiene. In terms of geographical areas, North America and Europe are major contributors to the global vacuum cleaner market supported by growing consumer spending on smart home infrastructure development and rising concerns towards health and hygiene. Asia Pacific represents the fastest growing market for vacuum cleaner with huge demand for all types of vacuum cleaners.

Scope of the report:

  • The report provides a comprehensive analysis of the global vacuum cleaner market, segmented into canister, upright, robotics, central, drum and others
  • The major regional markets (North America, Europe and Asia Pacific) have been analyzed.
  • The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
  • The competitive landscape of the market, along with the company profiles of leading players (Electrolux AB, iRobot Corporation, Midea Group Co., Ltd., Panasonic Corporation, Koninklijke Philips N.V. And LG Electronics Inc.) are also presented in detail.
Key Target Audience:
  • Vacuum Cleaner Manufacturers
  • End Users
  • Raw Material Providers
  • Consulting Firms
  • Investment Banks
  • Government Bodies & Regulating Authorities


1. Introduction
1.1 Vacuum Cleaner
1.2 Working of Vacuum Cleaner
1.3 Components of Vacuum Cleaner
1.4 Types of Vacuum Cleaner
2. Impact of COVID-19
2.1 Decline in Global GDP Growth
Table 1: Global GDP Growth Rate (2005-2020)
2.2 Rise in Unemployment
Table 2: Unemployment Based on Income Groups (2020)
2.3 Decline in Global Trade
Table 3: Global Merchandise Trade Values (2020)
2.4 Decline in Industrial Production
Table 4: Industrial Production Index (2019-2020)
2.5 Accelerating Global Poverty
Table 5: Global Poverty Rate (2015-2020)
3. Global Market Analysis
3.1 Global Vacuum Cleaner Market by Value
Table 6: Global Vacuum Cleaner Market by Value (2015-2019)
3.2 Global Vacuum Cleaner Market Forecast by Value
Table 7: Global Vacuum Cleaner Market Forecast by Value (2020-2024)
3.3 Global Vacuum Cleaner Market by Product Type
Table 8: Global Vacuum Cleaner Market by Product Type (2019)
3.3.1 Global Canister Vacuum Cleaner Market by Value
Table 9: Global Canister Vacuum Cleaner Market by Value (2015-2019)
3.3.2 Global Canister Vacuum Cleaner Market Forecast by Value
Table 10: Global Canister Vacuum Cleaner Market Forecast by Value (2020-2024)
3.3.3 Global Robotics Vacuum Cleaner Market by Value
Table 11: Global Robotics Vacuum Cleaner Market by Value (2015-2019)
3.3.4 Global Robotics Vacuum Cleaner Market Forecast by Value
Table 12: Global Robotics Vacuum Cleaner Market Forecast by Value (2020-2024)
3.3.5 Global Central Vacuum Cleaner Market by Value
Table 13: Global Central Vacuum Cleaner Market by Value (2015-2019)
3.3.6 Global Central Vacuum Cleaner Market Forecast by Value
Table 14: Global Central Vacuum Cleaner Market Forecast by Value (2020-2024)
3.3.7 Global Drum Vacuum Cleaner Market by Value
Table 15: Global Drum Vacuum Cleaner Market by Value (2015-2019)
3.3.8 Global Drum Vacuum Cleaner Market Forecast by Value
Table 16: Global Drum Vacuum Cleaner Market Forecast by Value (2020-2024)
3.3.9 Global Upright Vacuum Cleaner Market by Value
Table 17: Global Upright Vacuum Cleaner Market by Value (2015-2019)
3.3.10 Global Upright Vacuum Cleaner Market Forecast by Value
Table 18: Global Upright Vacuum Cleaner Market Forecast by Value (2020-2024)
3.4 Global Vacuum Cleaner Market by End Use
Table 19: Global Vacuum Cleaner Market by End Use (2019)
3.4.1 Global Household Vacuum Cleaner Market by Value
Table 20: Global Household Vacuum Cleaner Market by Value (2015-2019)
3.4.2 Global Household Vacuum Cleaner Market Forecast by Value
Table 21: Global Household Vacuum Cleaner Market Forecast by Value (2020-2024)
3.5 Global Vacuum Cleaner Market by Region
Table 22: Global Vacuum Cleaner Market Value by Region (2019)
4. Regional Vacuum Cleaner Market Analysis
4.1 North America
4.1.1 North America Vacuum Cleaner Market by Value
Table 23: North America Vacuum Cleaner Market by Value (2015-2019)
4.1.2 North America Vacuum Cleaner Market Forecast by Value
Table 24: North America Vacuum Cleaner Market Forecast by Value (2020-2024)
4.2 Europe
4.2.1 Europe Vacuum Cleaner Market by Value
Table 25: Europe Vacuum Cleaner Market by Value (2015-2019)
4.2.2 Europe Vacuum Cleaner Market Forecast by Value
Table 26: Europe Vacuum Cleaner Market Forecast by Value (2020-2024)
4.3 Asia-Pacific
4.3.1 Asia-Pacific Vacuum Cleaner Market by Value
Table 27: Asia-Pacific Vacuum Cleaner Market by Value (2015-2019)
4.3.2 Asia Pacific Vacuum Cleaner Market Forecast by Value
Table 28: Asia Pacific Vacuum Cleaner Market Forecast by Value (2020-2024)
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Growing Urban Population
Table 29: Global Urban Population (2015-2019)
5.1.2 Rising Incidences of Allergy Related Diseases
5.1.3 Growing Working Women Population
5.1.4 Changing Lifestyle
5.1.5 Concerns about Health and Indoor Air Pollution
5.2 Key Trends & Developments
5.2.1 Growing Trend of Smart Homes
Table 30: Global Smart Homes Market (2015-2019)
5.2.2 Protection against Hazardous Dust and Hygiene
5.2.3 New Product Launches
5.2.4 Integration of AI technology
5.3 Challenges
5.3.1 High Cost Associated with Machinery
5.3.2 High Power Supply
6. Competitive Landscape
6.1 Global Market
6.1.1 Key Players - Revenue Comparison
Table 31: Key Players - Revenue Comparison (2019)
6.1.2 Key Players - Market Cap Comparison
Table 32: Key Players - Market Cap Comparison (2019)
7. Company Profiles
7.1 Electrolux AB
7.1.1 Business Overview
7.1.2 Financial Overview
Table 33: Electrolux AB Net Sales by Business Segments (2019)
Table 34: Electrolux AB Net Sales by Business Area (2019)
Table 35: Electrolux AB Net Sales and Income (2015-2019)
7.1.3 Business Strategies
7.2 iRobot Corporation
7.2.1 Business Overview
7.2.2 Financial Overview
Table 36: iRobot Corporation Revenue by Geographic Areas (2019)
Table 37: iRobot Corporation Revenue and Net Income (2015-2019)
7.2.3 Business Strategies
7.3 Midea Group Co., Ltd.
7.3.1 Business Overview
7.3.2 Financial Overview
Table 38: Midea Group Revenue by Segment (2019)
Table 39: Midea Group Revenue by Region (2019)
Table 40: Midea Group Revenue and Net Profit (2015-2019)
7.3.3 Business Strategies
7.4 Panasonic Corporation
7.4.1 Business Overview
7.4.2 Financial Overview
Table 41: Panasonic Corporation Sales by Segments (2020)
Table 42: Panasonic Corporation Sales by Region (2020)
Table 43: Panasonic Corporation Net Sales and Net Profit (2016-2020)
7.4.3 Business Strategies
7.5 Koninklijke Philips N.V.
7.5.1 Business Overview
7.5.2 Financial Overview
Table 44: Philips Sales by Segments (2019)
Table 45: Philips Sales by Region (2019)
Table 46: Philips Sales and Net Income (2015-2019)
7.5.3 Business Strategies
7.6 LG Electronics Inc.
7.6.1 Business Overview
7.6.2 Financial Overview
Table 47: LG Electronics Inc. Sales by Segments (2019)
Table 48: LG Electronics Inc. Sales and Profit (2015-2019)
7.6.3 Business Strategies

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