Residential Vacuum Cleaner Market - Global Industry Size, Share, Trends, Competition, Opportunities and Forecast, 2024-2032 Segmented By Product (Canister, Upright, Robotic, Stick, Handheld, Others ((Drum, etc.)), Type (Corded, Cordless), By Technology (Smart, Non-Smart), By Distribution Channel (Electronic and Specialty Retailers, Hypermarket/ Supermarket, Online Channel, Others (Direct Sales, Et
Published on: 2024-11-14 | No of Pages : 320 | Industry : Consumer Goods and Retail
Publisher : MIR | Format : PDF&Excel
Residential Vacuum Cleaner Market - Global Industry Size, Share, Trends, Competition, Opportunities and Forecast, 2024-2032 Segmented By Product (Canister, Upright, Robotic, Stick, Handheld, Others ((Drum, etc.)), Type (Corded, Cordless), By Technology (Smart, Non-Smart), By Distribution Channel (Electronic and Specialty Retailers, Hypermarket/ Supermarket, Online Channel, Others (Direct Sales, Et
Global Residential Vacuum Cleaner Market is expected to reach USD 23862.85 million by 2027F, growing with a CAGR of 5.41% during the forecast period 2022E-2027F. Residential vacuum cleaners are the electrical home appliance that uses suction to clean and remove debris from surfaces such as carpets, upholstery, draperies, and other surfaces. The household vacuum cleaners come in various sizes, shapes, and model types, including upright, canister, handheld, Robotic, and others. The household vacuum cleaners are found at in cordless versions and hence are portable, simple to operate, and effective at cleaning different parts of the house. The market for residential vacuum cleaners is growing for a variety of reasons, including efficiency and eco-friendliness, which prevents asthmatics from developing dust allergies. Due to factors such as rising disposable income, rising indoor health awareness, and an increase in the number of working women, these vacuum cleaners have grown to play a significant role in the
Moreover, during the outbreak of COVID-19, medical researchers suggested that living in dusty environments is harmful to human health. This further resulted in influencing people to use vacuum cleaners more frequently and fueled the market for household vacuum cleaners. Exposure to dusty fabrics and sofas on a constant basis also contributes to a number of lung diseases. Additionally, the COVID-19 pandemic situation caused disruptions in customer demand, the supply of raw materials, and the lack of logistics services, which prompted businesses to rearrange their manufacturing facilities and technologies.
Increase in Working Population
Vacuum cleaners are preferred by working people over manual cleaning because they require less time and effort. The global residential vacuum cleaners’ market is expanding due to rising demand for small, practical cleaning tools. These cleaners are also more portable and convenient to use because of their efficiency and comfortable design. Variants of residential vacuum cleaners that are more adaptable can be used to clean cars, pet hair, couches, and rugs. With the limited time frame, during the WFO (Work from Office) and remote working model restraining the individual for cleaning and organizing their workplace. Therefore, in order to keep their surroundings clean and tidy the demand for vacuum cleaners in the residential market is expected to increase in the upcoming period.
The demand for household vacuum cleaners has also increased due to the growing proportion of women in the workforce in developing nations. A Pew Research Center analysis of 'labor force statistics', which used data from 114 countries between 2010 and 2016, concluded that women make up at least 40% of the workforce in more than 80 of those 114 nations. The median percentage of women who are in the labor force across all of these nations is 45.4%. Consequently, the growth of the market for residential vacuum cleaners is supported by the rise in the working population.
Growing Preference for Vacuum Cleaners for Maintaining Hygiene
The traditional way to maintain cleanliness and hygiene at home has been to clean houses by hand. However, when compared to conventional cleaning methods, homes can be cleaned more thoroughly and quickly with the aid of residential vacuum cleaners. Moreover, vacuum cleaners are not just needed for cleaning; they are also being thought of as a means of maintaining a germ-free environment. In addition to better and more efficient floor cleaning, vacuum cleaners also clean the air.
Also, vacuum cleaner companies are heavily investing in R&D to develop new residential vacuum cleaners with sophisticated motor technologies to further improve the machine's performance and energy efficiency. For instance, in September 2019, Miele unveiled a new cordless vacuum cleaner for the home with integrated high-efficiency particulate absorbing (HEPA) filters. By preventing the release of pollutants into the air, these HEPA filters significantly improve the air quality inside homes and lower the risk of allergies and asthma. As a result, the market is expected to expand further in the forecast period owing to the product launched and innovations offered by market players.
The Emergence of Robotic Vacuum Cleaners
Robotic vacuum cleaners have become increasingly popular due to the significant reduction in the human labor required to operate them. In addition, these machines can clean more complicated spaces more conveniently. Thus, increased demand for Robotic vacuum cleaners is a result of their improved functionality and efficiency. These devices frequently employ infrared sensors to guarantee a logical, sequential path free of obstructions. Robotic vacuum cleaners are wireless and run-on rechargeable batteries; when the batteries run out, they are built to reconnect to the power source. For instance, Electrolux offers a Robotic vacuum cleaner, which claims ease of setting cleaning times and cycles and keeping track of the cleaning process's progress using a smartphone application.
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Market Segmentation
In terms of country, the United States residential vacuum cleaner market is forecast to reach around USD 7153.35 million during the forecast period.
Company Profiles
Dyson Limited, TTI Floor Care North America, Bissell.Inc, Midea Group, iRobot Corporation, AB Electrolux, Panasonic Corporation, LG Electronics Inc., Samsung Electronics Co., Ltd., Haier Group Corporation, and others are among the major market players in the global residential vacuum cleaner market.
Attribute | Details |
Market Size Value in 2021 | USD 18335.65 Million |
Revenue Forecast in 2027F | USD 23862.85 Million |
Growth Rate | 5.41% |
US Revenue Forecast in 2027 | USD 7153.35 Million |
Base Year | 2021 |
Historical Years | 2017 – 2020 |
Estimated Year | 2022E |
Forecast Period | 2023F– 2027F |
Quantitative Units | Revenue in USD Million, Volume in Million Units and CAGR for 2017-2021 and 2022E-2027F |
Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered | · Product · Type · Technology · Distribution Channel · Region · Company |
Regional Scope | Asia-Pacific, North America, Europe, South America, Middle East & Africa |
Key Companies Profiled | Dyson Limited, TTI Floor Care North America, Bissell.Inc, Midea Group, iRobot Corporation, AB Electrolux, Panasonic Corporation, LG Electronics Inc, Samsung Electronics Co., Ltd., Haier Group Corporation |
Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |