Vacuum Cleaner Market Trends

  • Report ID: 6026
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Vacuum Cleaner Market Trends

Growth Drivers

  • The changing lifestyle across the world - In a fast-paced society, finding effective and efficient answers to everyday problems is essential. By making use of intelligent house cleaning's advantages, people may alter the way they take care of their living space and make it easier, more sensible, and ultimately more enjoyable.
  • Increasing working population across the world - In line with the vacuum cleaner market demand, the scenario for performing household cleaning may be greatly impacted by changes in the working-age population. As per recent research, there are more than 53 % employment-to-population ratios across the globe.
  • Rise in home and business sanitation - The world has been reminded by the global pandemic that one of the simplest and most affordable ways to combat infectious diseases like COVID-19 is through water, sanitation, and hygiene (WASH). Nonetheless, approximately 215 million individuals in the Asia Pacific area continue to lack access to basic sanitary amenities, and an additional 39 million lack a toilet altogether, forcing them to relieve themselves in public areas. In partnership with the Asian Institute of Technology (AIT), Siam Cement Group (SCG), and the Thai Chamber of Commerce, UNICEF EAPRO organized a virtual Regional Sanitation Expo from June 23 to 25, 2021, to exchange creative sanitation solutions and insights from Thailand's and other nations' swift advancements.

Challenges

  • Rigorous rules and demands - The vacuum cleaner industry may be subject to stringent regulatory regulations. Governments all over the world impose regulations on the vacuum cleaner sector, pressuring producers to use less energy and make more environmentally friendly goods. For instance, the European Commission has made vacuum cleaners subject to higher energy efficiency and lower carbon emission requirements. The maximum permitted power for vacuum cleaners is now 900 watts instead of 1,600 watts, as per the European Union's energy label guidelines. The regulation caps the decibel output of noisy vacuum cleaners at 80. The guidelines for producing energy items in an environmentally responsible manner are now available.
  • Although cordless vacuum cleaners are convenient, their short battery life hurts the market. Short battery runtimes may be unpleasant for customers with larger homes or more demanding cleaning requirements, which could result in interrupted cleaning sessions and discontent. Lack of technicians to rectify vacuum cleaners

Vacuum Cleaner Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

9.8%

Base Year Market Size (2024)

USD 15.06 billion

Forecast Year Market Size (2037)

USD 50.78 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Abhishek Verma


  • Report ID: 6026
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of vacuum cleaner is evaluated at USD 16.24 billion.

The vacuum cleaner market size was valued at USD 15.06 billion in 2024 and is set to exceed USD 50.78 billion by 2037, expanding at over 9.8% CAGR during the forecast period i.e., between 2025-2037. The increasing demand for vacuum cleaners globally will propel the market growth.

North America industry is predicted to hold largest revenue share of 35% by 2037, owing to increasing awareness in the people of this region about cleanliness.

The major players in the market include Dyson, Bissell, SharkNinja Inc., iRobot, Samsung, LG Electronics, Miele, Hoover, Electrolux, Philips
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