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Household Type Vacuum Cleaners Global Market Report 2021: COVID 19 Impact and Recovery to 2030

Household Type Vacuum Cleaners Global Market Report 2021: COVID 19 Impact and Recovery to 2030

  • May 2021
  • 175 pages
  • ID: 6071969
  • Format: PDF
  • The Business Research Company

Summary

Table of Contents

Major players in the household type vacuum cleaners manufacturing market are AB Electrolux, Miele & Cie. KG, Samsung Electronics Co., Ltd., Dyson Ltd., Bissell Inc., iRobot Corporation, Panasonic Corporation, Koninklijke Philips N.V., Haier Group Corporation and LG Electronics.

The global household type vacuum cleaners market is expected to grow from $25.82 billion in 2020 to $28.63 billion in 2021 at a compound annual growth rate (CAGR) of 10.9%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $42.18 billion in 2025 at a CAGR of 10%.

The household type vacuum cleaners manufacturing market consists of sales of vacuum cleaners which are home appliances used to remove dirt and soil from carpets, floors, and furniture. Residential vacuums are generally designed for aesthetics, usability, and affordability.

The rise in awareness for hygiene contributed to the growth of the Household Type Vacuum Cleaners market in the forecast period.There has been an increase in pathogens and infectious diseases.

This has led to an increasing awareness on the importance of maintaining hygiene in care, nursing and residential areas, which in turn has driven the market for Household Type Vacuum Cleaners.According to a poll conducted by Hygiene Company SCA in the UK, 47% of people spend more than five hours a week on domestic cleaning tasks.

Increase in awareness for hygiene coupled with the rise in disposable income is driving the market for Household Type Vacuum Cleaners.

Rise in awareness about the adverse effects of high energy consumption, and the carbon footprint associated with the usage of vacuum cleaners is expected to restrain the market in the forecast period.Several factors such as increasing internet penetration led to an increase in awareness about the consumption of energy, rising cost of energy and adverse effects associated with the usage of several household appliances such as vacuum cleaners.

In 2019, European Union banned the sale of vacuum cleaners containing motors more powerful than 900W. These factors will limit the growth of the Household Type Vacuum Cleaners.

The household type vacuum cleaners market covered in this report is segmented by type of product into upright, canister, central, robotic, drum, wet/dry, and other.The household type vacuum cleaner market in this report is segmented by mode of sale into offline, and online.

The household type vacuum cleaner market in this report is segmented by type of use into floor vacuum cleaner, window vacuum cleaner, and pool vacuum cleaner. The household type vacuum cleaner market in this report is segmented by operation mode into self-drive, and remote control

Household type vacuum cleaners manufacturers are increasingly producing energy-efficient products to reduce carbon footprint and enable energy savings for the consumers.The rise of energy-efficient appliances can be attributed to the stringent government regulations on electric home appliances and advances in technology.

Energy efficient vacuum cleaners are designed to utilize minimum energy to complete the required task.Currently, over 80 countries have standards and labels for energy efficient appliances.

For example, European Commission- ‘Eco design requirements for Vacuum Cleaners’ contains eco-design requirements for several types of vacuum cleaners.

In August 2018, Bissell Inc, an America based vacuum cleaner and floor care product manufacturing corporation acquired Sanitaire for an undisclosed amount.Through this acquisition Bissell expands their expertise in commercial cleaning, helping commercial businesses achieve the superior level of clean.

Sanitaire, a USA based company specializing in products for industries including professional cleaning services, hospitality, healthcare, and education.

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