Household Vacuum Cleaners Market by Product Type (Upright, Canister, Drum, Central, Wet/Dry, Robotic, and Others) and by Distribution Channel (Offline and Online): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026

Global household vacuum cleaners market expected to reach around USD 19.14 billion by 2026, at a CAGR of around 4.6% between 2019 and 2026. The household vacuum cleaners market is experiencing positive growth, due to the rising hygiene and health concerns and the rising working population around the globe.

16-Jul-2019 | Number of pages: 110 | Report Code: ZMR-4419 | Report Format : | Status : Published

Analysis

Household vacuum cleaners are electric appliances that are employed to clean carpets and floors and remove pet hair from furniture. The major component of a vacuum cleaner is a suction pump, which through its action, sucks-in all the dust and dirt from floors and other surfaces. Vacuum cleaners reduce cleaning time and provide better results as compared to other cleaning methods along with being a boon for people with dust allergies. Household vacuum cleaners have become a major component of the small household appliances category. The household vacuum cleaners market is experiencing positive growth, due to the rising hygiene and health concerns and the rising working population around the globe. However, the limited awareness among people living in remote areas and growing concerns regarding high power usage may obstruct the household vacuum cleaners market globally over the forecast time period. Alternatively, the rising awareness regarding health benefits and efficient cleaning and technological upgrades are expected to further boost the household vacuum cleaners market growth in the years ahead.

By product type, the household vacuum cleaners market includes canister, upright, central, drum, wet/dry, robotic, and others. Each of these products performs a slightly different function than the rest. Canisters are in higher demand, as compared to other vacuum cleaner types, due to their compact size and long hoses that make them suitable for a variety of cleaning applications. Upright vacuum cleaners are expected to witness a steady market growth in the future, as these are less expensive and can be stored easily storage apart from being easy to use, as compared to canister vacuum cleaners. Robotic vacuum cleaners are the latest kind of vacuum cleaners, which require low or no manual supervision and are more efficient in cleaning apart from possessing various remarkable features like self-charging capability, giving fire/intrusion alerts, etc. These factors are likely    to boost the robotic household vacuum cleaners segment over the forecast timeline.

On the basis of distribution channel, the household vacuum cleaners market is fragmented into offline and online. As online retailing is on a rise worldwide, offline sales are anticipated to grow at a slower rate. Thus, technological advancements and innovative marketing strategies by e-commerce platforms coupled with ease of online buying are expected to fuel the online segment growth over the forecast period.

North America held the largest household vacuum cleaners market share in 2018, followed by Europe. The Asia Pacific household vacuum cleaners market is expected to grow rapidly in the upcoming years. China and Japan are currently leading the household vacuum cleaners market in the Asia Pacific.

The key players operating in the household vacuum cleaners market include Electrolux, Eureka Forbes, Haier Group, HausVac, iRobot Corporation, Koninklijke Philips, LG Electronics, Panasonic Corporation, Robert Bosch, and Samsung Electronics.


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