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

Integrated Facility Management Market to Cross $ 127 Billion by 2024 : Global Analysis by TechSci Research

According to TechSci Research report, “ Global Integrated Facility Management Market  By Type, By Resource Type, By Solution, By Deployment Type, By End-User, By Region, Competition, Forecast & Opportunities, 2024 ”, integrated facility management market, globally, is projected to surpass $ 127 billion by 2024, on account of growing IoT adoption and increasing demand for connected devices for building automation across various industry verticals. Some of the other key factors that would have a positive impact on global integrated facility management market are growing presence of many enterprises, rising development of sustainable infrastructure, and changing organizational structure & work management. Browse XX market data Figures and Tables spread through XX Pages and an in-depth TOC on     "Global Integrated Facility Management Market" https://www.techsciresearch.com/report/integrated-facility-management-market/3859.html By deplo...

Vibration Energy Harvesting Systems Market to Reach USD 183 Million by 2024

According to a report published by TechSci Research on  Global Vibration Energy Harvesting Systems Market  By Product, By Application, By Region, By Company, Competition, Forecast & Opportunities, 2014-2024 , the global vibration energy harvesting systems market is projected to reach $ 183 million by 2024, on the back of growing demand for power-efficient and durable systems that require minimum or no maintenance. Moreover, extensive implementation of IoT devices in automation and energy harvesting technology in building & home automation, increasing trend for green energy and favorable initiatives by governments are also bolstering the growth of global vibration energy harvesting systems market. By application, global vibration energy harvesting systems market is dominated by consumer electronics segment, majorly owing to the increasing demand for wireless sensing gadgets and low power portable gadgets without an external power supply. Vibration energy harvest...

US Cannabis Market 2020: Opportunities & Challenges, Forecast till 2024

According to TechSci Research report,  “ United States  Cannabis Market  By Product Type, By Compound, By Application, By Company, Competition, Forecast & Opportunities, 2024” , the United States cannabis market is projected to register a CAGR of close to 15% during the forecast period on the account of its applications in the treatment of pain, anxiety, sleep disorders, and other medical conditions such as fibrotic problems and neuropathic pain. In addition, the use of cannabis across the wellness and beauty sector is also growing. For instance, CBD oil is attracting a lot of attention as it can offer relief from pain, anxiety, and depression. Its anti-inflammatory and anti-acne properties are making it a popular choice among the consumers, thus aiding the market growth. The United States cannabis market is segmented based on product type, compound, application, region and company. In terms of application, the market can be categorized into Medical and Recreati...