Global Vacuum Cleaner Market 2025

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MARKET INTELLIGENCE . CONSULTING www.techsciresearch.com 2015 2025 GLOBAL VACUUM CLEANER MARKET FORECAST & OPPORTUNITIES

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The global vacuum cleaner market is expected to grow at a CAGR of around 5%, during the forecast period and cross $ 28 billion by 2025 on account of growing urbanization, rising awareness towards the use of upcoming technologies and increasing concerns regarding health and hygiene. Saving time and energy of the customers who have busy schedule is the major factor propelling the growth of global vacuum cleaner market. Moreover, the growing number of consumers who are at the risk of asthma are using vacuum cleaners owing to the presence of HEPA filtration technology is further fueling growth of global vacuum cleaner market. Click : https://bit.ly/3e5FA4p

Transcript of Global Vacuum Cleaner Market 2025

Page 1: Global Vacuum Cleaner Market 2025

MARKET INTELLIGENCE . CONSULTINGwww.techsciresearch.com

2015 – 2025

GLOBAL VACUUM CLEANER MARKET

FORECAST & OPPORTUNITIES

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Scope of ReportProduct of Interest (POI): Vacuum Cleaner

Review Period

2015 – 2018

Base Year

2019

Estimated Year

2020

Forecast Period

2021 – 2025

Year Range

REGION

• Asia-Pacific

• Europe

• North America

• South America

• Middle East &

Africa (MEA)

The global vacuum cleaner market is expected to grow at a substantial CAGR during the forecast period onaccount of growing urbanization, rising awareness towards the use of latest household appliances and increasingconcerns regarding health and hygiene. Saving time and energy of the customers who have busy schedule, is themajor factor fueling the growth of global vacuum cleaner market. Moreover, growing number of consumers whoare at the risk of asthma are using vacuum cleaners owing to the presence of HEPA filtration technology, which isdriving the market across the globe.

Market Segmentation

DISTRIBUTION CHANNEL

• Store based

• Non-store

based

PRODUCT TYPE

• Handheld

• Canister

• Upright

• Stick

• Others

END USE

• Commercial

• Residential

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Table of Contents

S. No. Contents Page No.

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on Global Vacuum Cleaner Market

4. Executive Summary

5. Voice of Customer

6. Global Vacuum Cleaner Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Product Type (Handheld, Canister, Upright, Stick and Others)

6.2.2. By End Use (Commercial and Residential)

6.2.3. By Distribution Channel (Store based, and Non-store based)

6.2.4. By Company (2019)

6.2.5.By Region (Asia-Pacific, Europe, North America, South America and Middle East & Africa)

6.3. Market Attractiveness Index

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S. No. Contents Page No.

7. Asia-Pacific Vacuum Cleaner Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Product Type

7.2.2. By End Use

7.2.3. By Distribution Channel

7.2.4. By Country (China, India, Japan, South Korea, Singapore)

7.3. Asia-Pacific: Country Analysis

7.3.1. China Vacuum Cleaner Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Product Type

7.3.1.2.2. By End Use

7.3.1.2.3. By Distribution Channel

7.3.2. India Vacuum Cleaner Market Outlook

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7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Product Type

7.3.2.2.2. By End Use

7.3.2.2.3. By Distribution Channel

7.3.3. Japan Vacuum Cleaner Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Product Type

7.3.3.2.2. By End Use

7.3.3.2.3. By Distribution Channel

7.3.4. South Korea Vacuum Cleaner Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Product Type

7.3.4.2.2. By End Use

7.3.4.2.3. By Distribution Channel

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7.3.5. Singapore Vacuum Cleaner Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Product Type

7.3.5.2.2. By End Use

7.3.5.2.3. By Distribution Channel

8. Europe Vacuum Cleaner Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Product Type

8.2.2. By End Use

8.2.3. By Distribution Channel

8.2.4. By Country (United Kingdom, Italy, France, Germany, Spain)

8.3. Europe: Country Analysis

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8.3.1. United Kingdom Vacuum Cleaner Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Product Type

8.3.1.2.2. By End Use

8.3.1.2.3. By Distribution Channel

8.3.2. Italy Vacuum Cleaner Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Product Type

8.3.2.2.2. By End Use

8.3.2.2.3. By Distribution Channel

8.3.3. France Vacuum Cleaner Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Product Type

8.3.3.2.2. By End Use

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8.3.3.2.3. By Distribution Channel

8.3.4. Germany Vacuum Cleaner Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Product Type

8.3.4.2.2. By End Use

8.3.4.2.3. By Distribution Channel

8.3.5. Spain Vacuum Cleaner Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Product Type

8.3.5.2.2. By End Use

8.3.5.2.3. By Distribution Channel

9. North America Vacuum Cleaner Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Product Type

9.2.2. By End Use

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9.2.3. By Distribution Channel

9.2.4. By Country (United States, Canada, Mexico)

9.3. North America: Country Analysis

9.3.1. United States Vacuum Cleaner Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Product Type

9.3.1.2.2. By End Use

9.3.1.2.3. By Distribution Channel

9.3.2. Canada Vacuum Cleaner Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Product Type

9.3.2.2.2. By End Use

9.3.2.2.3. By Distribution Channel

9.3.3. Mexico Vacuum Cleaner Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

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9.3.3.2.1. By Distribution Channel

10. South America Vacuum Cleaner Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Product Type

10.2.2. By End Use

10.2.3. By Distribution Channel

10.2.4. By Country (Brazil, Argentina, Colombia)

10.3. South America: Country Analysis

10.3.1. Brazil Vacuum Cleaner Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1 By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Product Type

10.3.1.2.2. By End Use

10.3.1.2.3. By Distribution Channel

10.3.2. Argentina Vacuum Cleaner Market Outlook

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10.3.2.1. Market Size & Forecast

10.3.2.1.1 By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Product Type

10.3.2.2.2. By End Use

10.3.2.2.3. By Distribution Channel

10.3.3. Colombia Vacuum Cleaner Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1 By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Product Type

10.3.3.2.2. By End Use

10.3.2.2.3. By Distribution Channel

11. Middle East & Africa Vacuum Cleaner Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Product Type

11.2.2. By End Use

11.2.3. By Distribution Channel

11.2.4. By Country (UAE, Saudi Arabia, Qatar, South Africa)

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11.3. Middle East & Africa : Country Analysis

11.3.1. UAE Vacuum Cleaner Market Outlook

11.3.1.1. Market Size & Forecast

11.3.1.1.1. By Value

11.3.1.2. Market Share & Forecast

11.3.1.2.1. By Product Type

11.3.1.2.2. By End Use

11.3.1.2.3. By Distribution Channel

11.3.2. Saudi Arabia Vacuum Cleaner Market Outlook

11.3.2.1. Market Size & Forecast

11.3.2.1.1. By Value

11.3.2.2. Market Share & Forecast

11.3.2.2.1. By Product Type

11.3.2.2.2. By End Use

11.3.2.2.3. By Distribution Channel

11.3.3. South Africa Vacuum Cleaner Market Outlook

11.3.3.1. Market Size & Forecast

11.3.3.1.1. By Value

11.3.3.2. Market Share & Forecast

11.3.3.2.1. By Product Type

11.3.3.2.2. By End Use

11.3.3.2.3. By Distribution Channel

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Table of Contents

S. No. Contents Page No.

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Market Trends & Developments

14. Competitive Landscape

14.1. Competition Outlook

14.2 Company Profiles

14.2.1. Company Details

14.2.2. Financials (As reported)

14.2.3. Key Market Focus and Geographical Presence

14.2.4. Pricing of Target Products

14.2.5. Market positioning

14.3. Players Profiled (Leading Companies)

15. Strategic Recommendations

16. About Us & Disclaimer

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RESEARCH METHODOLOGY

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Research Methodology

✓ Identifying Key Opinion

Leaders

✓ Questionnaire Design

✓ In-depth Interviews

Data Collection

Developing List of Respondents

Formulating Questionnaire

Market Profiling

Data Validation

Data Analysis

In-depth secondary research was conducted to

determine top players in the global vacuum cleanermarket, overall market size and segmental market size.

In order to conduct industry experts’

interviews, TechSci formulated a detailed

discussion guide.

List of industry players and industry

specialists was developed.

TechSci conducted interviews with

industry experts and industry players for data collection and

verification.

Data obtained as a result of primary and secondary research was

validated through rigorous

triangulation.

The data was scrutinized using MS-Excel, statistical

tools and internal proprietary database to obtain qualitative and

quantitative insights about the global vacuum cleaner

market.

Data

Collection

Data Filter

& AnalysisResearch &

Intelligence

Actionable

InsightsBusiness

Solution

Primary Research Desk Research Company Analysis

✓ Recent Developments

✓ Market Changing

Aspects/Dynamics

✓ Government Policies

✓ Conclusion

✓ Market Participants

✓ Key Strengths

✓ LinkedIn✓ TechSci Internal

Database

✓ Factiva✓ Hoovers

Paid Sources

✓ Company Websites✓ Company Annual

Reports✓ White Paper Study✓ Financial Reports✓ Investor

Presentations✓ Regulatory Body✓ Associations, etc.

Secondary Research

Primary Research

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Research Methodology

Baseline Methodology

Our dedicated team of industry experts has monitored and analyzed various aspects of the global vacuum cleaner market. The team has analyzed the

outlook of various segments of this market, while considering the major influencing factors such as rising awareness towards the use of latest

household appliances. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to

achieve sustainability in the global vacuum cleaner market.

Methodology Followed for Calculation of Market Size:

• Market Size by Value: Market size, in terms of value, for the year 2019 was calculated based on information collected through exhaustive

secondary research and primary surveys, with various key opinion leaders/stakeholders, such as vacuum cleaner companies, channel partners,

market influencers & end users, industry experts, and other industry participants.

• The team interviewed more than 15 – 20 vacuum cleaner companies, 100 – 120 end users, and 15 – 20 industry experts and other value chain

stakeholders in the global vacuum cleaner market to obtain the overall market size from 2015 to 2019, which was validated by the Delphi technique.

Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during 2015-2019.

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Research Methodology

• Respondents were asked about the current and future market growth rates, market shares by product type, by end use, by distribution channel, by

region and by company. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated

across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further

triangulated from other stakeholders.

Methodology Followed for Calculation of Market Shares:

• Market shares by product type, by end use, by distribution channel, by region and by company were calculated based on the responses received

through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various

segments of vacuum cleaner markets. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion

leaders after eliminating the outliers.

Methodology Followed for Forecasting:

• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in

SPSS/Tableau Software.

• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global vacuum

cleaner market, TechSci Research used various forecast techniques such as:

✓ Moving Average

✓ Time Series Analysis

✓ Regression Analysis

✓ Econometric and Judgmental Analysis

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Research Methodology

TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used

the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that

the figures compiled are only for the organized market including market share data. The currency used in the report is the United States Dollar (USD),

with the market size indicated in USD million.

Partial List of Companies Interviewed Key Secondary Sources

▪ AB Electrolux

▪ Haier Group Corp.

▪ LG Electronics, Inc.

▪ Samsung Electronics Co., Ltd.

▪ Bissell Inc.

▪ Dyson Ltd.

▪ Panasonic Corporation

▪ Koninklijke Philips N.V.

▪ iRobot Corporation

▪ Techtronic Industries

▪ World Bank

▪ TechSci Research Proprietary Database & Knowledge Repository

▪ Company Annual Reports

▪ Industry Magazines

▪ Industry Reports

▪ News Dailies

▪ Credible Paid Databases

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Industry Brief

According to Tech Sci Research report, “Global Vacuum Cleaner Market By Product Type, By End Use, By Distribution, By Region, Competition, Forecast & Opportunities,

2024”, the global vacuum cleaner market is anticipated to grow at a CAGR of around 5% during the forecast period owing to increasing demand for cleaning equipment, rising

awareness towards cleanliness and hygiene worldwide and the emergence of online portals and internet penetration. Furthermore, better living standards, rising disposable

income, increase in number of working women coupled with ease of operations in vacuum cleaners are anticipated to further drive the demand for vacuum cleaners globally

through 2024. Vacuum cleaners help in maintaining a healthy and clean environment that leads to increased health benefits for users. For cleaning houses and floors there are

other alternatives as well but customers are preferring the use of vacuum cleaners instead of chemicals due to chemical ingredients that are being used for cleaning purposes

are unsafe for the health of the infants and pets, thereby aiding the growth of global vacuum cleaner market.

Global vacuum cleaner market can be segmented based on product type, end use, distribution channel and region. In terms of product type, the market can be segmented into

handheld, canister, upright, stick and others. The canister segment holds the largest market share in 2018, and sales of cannister vacuum cleaners are anticipated to surge

during the forecast period as well. Based on end use, the global vacuum cleaner market can be further bifurcated into commercial and residential. Among them, the residential

segment is popular among the population due to increasing concerns of consumers towards hygiene, escalating income levels and upsurge in consumer living.

AB Electrolux, Haier Group Corp., LG Electroncis, Inc., Samsung Electronics Co., Ltd., Bissell Inc, Dyson Ltd., Panasonic Corporation, Koninklijke Philips N.V., iRobot

Corporation, Techtronic Industries, etc., are some of the leading players operating in global vacuum cleaner market. The companies operating in the market are using organic

strategies such as product launches, mergers and collaborations to boost their share and expand their presence in the market.

“The global vacuum cleaner market is anticipated to witness steady growth over the next five years due to the shift from manual cleaning to technological vacuuming solutions,

increasing disposable income and rising awareness towards the use of upcoming technologies. Moreover, growing risk of asthma along with increasing working women

population is further positively influencing global vacuum cleaner market.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global

management consulting firm.

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Sample Data - Snapshot

Global Vacuum Cleaner Market Size, By Value (USD Million), 2015-2025F

5.00 6.00 7.00 8.00 9.00 10.00 11.00 12.00 13.00 14.00 15.00

2015 2019 2020E 2025F

By Value (USD Million)

CAGR By Value CAGR By Value

XX% YY%

North America Vacuum Cleaner Market Share, By Product Type, By Value, 2015–2025F

20%20%20%20%20%20%20%20%20%20%20%

20%20%20%20%20%20%20%20%20%20%20%

20%20%20%20%20%20%20%20%20%20%20%

20%20%20%20%20%20%20%20%20%20%20%

20%20%20%20%20%20%20%20%20%20%20%

2015

2016

2017

2018

2019

2020E

2021F

2022F

2023F

2024F

2025F

Handheld Canister Upright Stick Others

United States Vacuum Cleaner Market Share, By End Use, By Value, 2015–2025F

50%50%

50%

50%

50%

50%

50%

50%

50%

50%

50%

50%50%

50%

50%

50%

50%

50%

50%

50%

50%

50%

2015

2016

2017

2018

2019

2020E

2021F

2022F

2023F

2024F

2025F

Commercial Residential

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FORECAST & OPPORTUNITIES

2015 – 2025

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Page 22: Global Vacuum Cleaner Market 2025

About Us & Disclaimer

TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas

to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting

models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and

global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the

market.

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The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or

complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and firsthand.

However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results

obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together

with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal

consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

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