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Household Vacuum Cleaners Market Share, Application, Size With Growth And Business Strategies Forecast 2020-2026

Author : Ronak Bora | Published Date : 2020-11-09 

The advent of internet and smartphones have induced the growth of online sales channel, fostering household vacuum cleaners market share over the years. Numerous companies that include Amazon, Walmart and Alibaba tend to provide a wide range of products and large discounts in order to entice consumers. The e-commerce websites also offer convenient return policies and warranties that encourages a large chunk of the consumers to make online purchases of all the home appliances.

Few key players within the market include Dyson, Bissell, Electrolux Group, LG Electronics, Philips, Eureka Forbes Ltd, Samsung Electronics, Toshiba, Haier Group, Black + Decker, Panasonic, and TTI Floor Care. Industry players from the market have been opting for various strategies like mergers & acquisitions, collaborations & partnerships and new product launches in order to expand the business.

For example, BISSELL had made an announcement in August 2018 that it acquired Sanitaire which is an Electrolux vacuum cleaner brand. The acquisition had helped BISSELL in improving its product portfolio, which had further supported the expansion of the business operations. Consumers have been increasingly adopting advanced household appliances as the demand for automated home machines has risen, further stimulating the demand for robotic household vacuum cleaners market.

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In the age of technology, consumers are increasingly opting for automated home appliances over manual cleaning. Rapid expansion of product portfolios by industry players have offered a multitude of options to consumers to choose from, as per requirements. Cordless vacuum cleaners are gaining massive adoption due to several product advantages, including easy operability, maintenance, and low cost.

Upright vacuum cleaner is another type that is increasingly gaining popularity owing to due to moderate price range as compared to other vacuum models. This device comes with integrated motorized brushes and has the ability to clean a variety of surfaces efficiently. Also, upright vacuum cleaners come with several accessories & tools, such as turbo upholstery attachments, pet claws, and brush rolls to enhance performance. The ability of these cleaners to provide extensive cleaning paths between 12-14 inches is boosting adoption rate in households.

List of the Key Companies that are Operating in the Household Vacuum Cleaners Market. They are as follows:

BISSELL, BLACK+DECKER Inc., Dyson Ltd., Electrolux Group, Eureka Forbes Ltd, Haier Group, iRobot Corporation, LG Electronics, Miele, Oreck, Panasonic Corporation, Philips Group, BSH Hausgeräte GmbH, Samsung Electronics Co., Ltd., Techtronic Industries Co. Ltd., Toshiba Corporation

Rapid expansion of population base along with rise in urbanization rate in developing countries, such as Latin America will fuel the product demand over the coming years. Urban residents of developing countries are spending heavily on smart home appliances to enhance their convenience, comfort, and standard of living, which is expected to induce substantial household vacuum cleaners market demand.

Rapidly developing organized off-line retail industry may also contribute towards household vacuum cleaners business expansion. Global giants are establishing new stores in Latin America to increase their market presence and to cater to growing regional consumer demands. For instance, in 2019, Xiaomi announced the launch of its first store in Brazil, which features several products, including vacuum cleaners, surveillance cameras, smartphones, multifunctional clocks, etc.

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Table Of Content:

Chapter 4. Household Vacuum Cleaners Market, By Product

4.1 Key trends by product

4.2 Cordless/Stick

4.2.1 Market estimates and forecast, 2016 - 2026

4.3 Upright

4.3.1 Market estimates and forecast, 2016 - 2026

4.4 Cannister

4.4.1 Market estimates and forecast, 2016 - 2026

4.5 Central

4.5.1 Market estimates and forecast, 2016 - 2026

4.6 Drum

4.6.1 Market estimates and forecast, 2016 - 2026

4.7 Wet/Dry

4.7.1 Market estimates and forecast, 2016 - 2026

4.8 Robotic

4.8.1 Market estimates and forecast, 2016 - 2026

4.9 Others

4.9.1 Market estimates and forecast, 2016 - 2026

Chapter 5. Household Vacuum Cleaners Market, By Sales Channel

5.1 Key trends by sales channel

5.2 Offline

    5.2.1 Market estimates and forecast, 2016 - 2026

5.3 Online

    5.3.1 Market estimates and forecast, 2016 – 2026

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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