2018-2023 Global Vacuum Cleaners Consumption Market Report
In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Vacuum Cleaners market for 2018-2023.
This report studies the Vacuum Cleaners market, Vacuum Cleaner is a device that uses an air pump, to create a partial vacuum to suck up dust and dirt, usually from floors, and from other surfaces such as upholstery and draperies. The dirt is collected by either a dust bag or a cyclone for later disposal. Vacuum cleaners, which are used in homes, public areas, as well as in industry, exist in a variety of sizes and models—small battery-powered hand-held devices, wheeled canister models for home use, domestic central vacuum cleaners, huge stationary industrial appliances that can handle several hundred litres of dust before being emptied, and self-propelled vacuum trucks for recovery of large spills or removal of contaminated soil. Specialized shop vacuums can be used to suck up both dust and liquids.
APAC and Europe market for Vacuum Cleaners is forecast to reach US$3129.65 million and US$5138.91 million by 2022, driven by growing emphasis on managing indoor air pollution.
World population is increasing rapidly, a trend that translates into potential growth in demand for household vacuum cleaners, which are electrical devices that create partial vacuum in order to suck dirt and dust from floors and surfaces. Demand for household vacuum cleaner globally can be closely correlated with the increase in population. Growing global population and the ensuing rise in urban settlements brings to fore the need for effective cleaning solutions. Technologically advanced household vacuum cleaners are being perceived as the most convenient and efficient means to obtain desired cleaning results in an era of busy and rapidly changing consumer lifestyles. Growth in the global population is more skewed towards emerging markets, with Asia alone accounting for a majority of the addition. As a result growth remains tilted heavily in favor of emerging regions.
The market for vacuum cleaners is more globalized, as compared to laundry and kitchen appliances. A large number of vacuum cleaners available in the market today are manufactured in low-cost developing nations. Growing affluence of the middle-class population is a major factor encouraging people to invest in advanced home appliances to upgrade their lifestyles. Rising awareness regarding benefits of using vacuum cleaners is influencing households to purchase advanced vacuum cleaners to meet their routine cleaning needs.
Over the next five years, LPI(LP Information) projects that Vacuum Cleaners will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Vacuum Cleaners market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Upright & Handheld
Bagged & Bagless
Segmentation by application:
Hotels & Resorts
This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Shark Ninja (Euro-Pro)
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Vacuum Cleaners consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Vacuum Cleaners market by identifying its various subsegments.
Focuses on the key global Vacuum Cleaners manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Vacuum Cleaners with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Vacuum Cleaners submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.