Skip to main content

Vacuum Cleaner Market 2020: Global Analysis with Size, Share & Growth Forecast till 202

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.

Read TechSci Blog for More Stats: http://techsciblog.com/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.

Browse  market data Tables and  Figures spread through  Pages and an in-depth TOC on  Global Vacuum Cleaner Market” @ https://www.techsciresearch.com/report/vacuum-cleaner-market/4146.html

“Global Vacuum Cleaner Market By Product Type, By End Use, By Distribution, By Region, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of global vacuum cleaner market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global vacuum cleaner market .

About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country-specific high growth markets helps TechSci clients to lead rather than follow market trends.

Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: sales@techsciresearch.com

Comments

Popular posts from this blog

Global Rolling Stock Market to Surpass $ 60 Billion by 2024

According to TechSci Research report,  “ Global Rolling Stock Market  By Product Type, By Application, By Locomotive Technology, By Component, By Region, Competition, Forecast & Opportunities, 2024” , global rolling stock market is projected to cross $ 60 billion by 2024, owing to growing demand for public transport and increasing need for energy-efficient transport. Rolling stock has facilitated easy transportation with benefits such as cost-effectiveness, reliability, and comfort. Thus, demand for rolling stock has been on a steady rise over the past few years and this trend will continue during the forecast period. Download Sample Report  @   https://www.techsciresearch.com/sample-report.aspx?cid=3498 Customers can also request for 10% free customization on this report. In terms of product type, global rolling stock market has been categorized into diesel locomotive, electric locomotive, electro-diesel locomotive, DMU, EMU, light rail/tram...

Rising Smartphone User Base to Aid Growth of India Mobile Wallet Market through 2024

According to TechSci Research report,  “ India Mobile Wallet Market  By Application, Competition Forecast and Opportunities 2013 - 2024’’ , India mobile wallet market is projected to grow at an astounding CAGR of 44% until 2024 on account of increasing penetration of smartphones, expanding internet user base and rising inclination of various e-commerce platforms towards mobile wallets. Moreover, mobile wallet companies are providing lucrative offers on mobile wallet usage along with growing usage of value added services. Additionally, ‘Digital India’ initiative of the government of India, which has a vision to convert India into a digitally empowered country, is further anticipated to have a huge positive impact on the market in the coming years. Download Sample Report  @  https://www.techsciresearch.com/sample-report.aspx?cid=3796 Customers can also request for 10% free customization on this report. Paytm Payments Bank Limited is the leading player in In...

Vietnam IoT in Manufacturing Market Set to Grow at a CAGR of over 21% until 2024

According to TechSci Research report,  “ Vietnam IoT In Manufacturing Market  By Component, By Application Area, By Vertical, Competition, Forecast & Opportunities, 2024 ” , Vietnam internet of things (IoT) market is projected to grow at the double-digit CAGR of over 21% during 2019-2024 on account of technological advancements and increasing use of the technology in various applications like energy & utilities, oil & gas, electronics and electricals, automotive, etc. Moreover, increasing adoption of smart sensors and beacons, growing use of new technologies in the manufacturing sector, adoption of IoT in the supply chain is further expected to positively influence the Vietnam IoT in the manufacturing market. FPT Corporation, Viettel-CHT Limited (Viettel IDC), CMC Corporation, Vietnam Posts and Telecommunications Group, KDDI Vietnam Corporation, etc., are among the leading players operating in Vietnam IoT in the manufacturing market. The companies operating in the...