Kings Research™ presents this information in its report titled, Vacuum Cleaner Market Size & Industry Analysis, By Sales Channel (Hypermarkets, Specialty Home Appliance Stores and Online Retailers), By Product Type (Canister Vacuum Cleaner, Robotic Vacuum Cleaner), By Application (Residential, Commercial, & Industrial), By Cord Type and Regional Analysis, 2024-2031"
Vacuum Cleaner Market was valued at US$ 13.34 Billion in 2023, which is estimated to be at USD 14.58 billion in 2023 and projected to reach USD 28.96 billion by 2031 growing at a CAGR of 10.31%.
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List of Key Companies in Vacuum Cleaner Market:
- Alfred Kärcher SE & Co. KG
- Dreame Global
- DEWALT
- Dyson
- ECOVACS
- Emerson Electric Co.
- Haier Inc.
- iRobot Corporation,
- Neato Robotics
- Panasonic Holdings Corporation
The market is segmented based on product type, end-user, distribution channel, and region. By product type, the market is categorized into upright, canister, robotic, handheld, stick, and central vacuum cleaners. Upright vacuum cleaners are widely preferred due to their powerful suction and ease of use, making them suitable for cleaning large carpeted areas. Canister vacuum cleaners, on the other hand, are popular for their versatility and ability to clean hard-to-reach areas. Robotic vacuum cleaners are expected to witness significant growth during the forecast period, owing to their convenience and advanced features.
By end-user, the market is divided into residential and commercial sectors. The residential segment holds a major share of the market, driven by the increasing adoption of vacuum cleaners in households for regular cleaning and maintenance. The commercial segment is also witnessing growth, particularly in sectors such as hospitality, healthcare, and retail, where cleanliness and hygiene are of utmost importance.
The distribution channel segment includes online and offline channels. The online distribution channel is gaining traction due to the increasing penetration of e-commerce platforms and the convenience of online shopping. Consumers prefer online channels for their wide range of product options, competitive pricing, and home delivery services. Offline channels, such as specialty stores, supermarkets, and hypermarkets, continue to play a significant role, especially for consumers who prefer a hands-on experience before making a purchase.
Vacuum Cleaner Market is Segmented as:
By Sales Channel:
- Hypermarkets/Supermarkets
- Specialty Home Appliance Stores
- Wholesalers/Distributors
- Direct Sales
- Online Retailers
- Others
By Product Type:
- Canister Vacuum Cleaner
- Upright Vacuum Cleaner
- Handheld Vacuum Cleaner
- Robotic Vacuum Cleaner
Technological Advancements and Innovations Recent technological advancements have significantly impacted the vacuum cleaner market. Notable innovations include:
- Robotic Vacuum Cleaners: Companies like iRobot and ECOVACS are leading the market with advanced robotic vacuum cleaners equipped with features such as AI-powered navigation, connectivity, and automation.
- Cordless and Handheld Models: Dyson continues to innovate with powerful cordless vacuum cleaners that offer superior suction and portability. The Dyson V15 Detect Extra, launched in 2023, features a laser to detect tiny dust particles and HEPA filtration to capture ultra-fine particles.
- Smart Home Integration: Companies like Samsung and Dreame International are introducing vacuum cleaners with smart home integration and advanced AI features, enhancing user convenience and efficiency.
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