Asia Pacific household vacuum cleaners market share worth USD 3.7 billion in 2015, is expected to grow at a CAGR of 5.2% over the coming eight years, owing to its high demand. India, Japan, and China are predicted to boost the regional revenue.
North America household vacuum cleaners market is expected to witness a high growth over the next few years on account of rising time constraints for home-based cleaning along with heath & hygiene awareness among consumers. U.S. is expected to contribute significantly towards the regional share.
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In 2014, 82% of the population were living in urban areas of North America. Latin America & Caribbean had 80% urbanized population whereas, in Europe, 73% of people were leaving in urban areas. Asia Pacific region dominated in terms of population density and includes 53% of world’s urban population. Rising awareness towards adoption of eco-friendly products, and cleanliness in residential and surrounding areas will drive household vacuum cleaners market growth over the forecast years.
The stick vacuum cleaners demand is increasing owing to its benefits such as convenient alternative for full-d heavy vacuum cleaners. These vacuum cleaners provide ease of mobility and handling, specifically for homes with kids, pets, and other mess causing elements. These vacuum cleaners are used as a supplementary to the upright vacuum cleaners. Its application in cleaning small apartments, home or cabin makes the product more useful for limited cleaning areas. Moreover, ability to be converted into handheld vacuums for dusting stairs and cars.
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Household Vacuum Cleaners industry size is expected to grow at a rate of 4.6% over the period of 2016-2024. Changing urban lifestyles and demand for precise & real time technologies will mainly drive the household vacuum cleaners market size over the coming timeframe. Tight schedule and active lifestyle makes time saving mandatory. Dual-earning families and middle income groups will face time-constraints to manage household chores. Therefore, accomplishing everyday domiciliary tasks besides the hectic work schedule will propel household vacuum cleaners industry growth.
Some Point from Table of Contents:
Chapter 4. Household Vacuum Cleaners Market, By Product
4.1. Household vacuum cleaners market share by product, 2015 & 2024
4.2.1. Global demand by region, 2013 – 2024
4.3.1. Global demand by region, 2013 – 202
4.4.1. Global demand by region, 2013 – 2024
4.5.1. Global demand by region, 2013 – 2024
4.6.1. Global demand by region, 2013 – 2024
4.7.1. Global demand by region, 2013 – 2024
4.8.1. Global demand by region, 2013 – 2024
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Major household vacuum cleaners comprise Upright, Canister, Central, Drum, Wet/Dry, and Robotic cleaners. Robotic household vacuum cleaners market share will reach USD 3.5 billion by 2024, owing to its innovative features such as acoustic sensors, automated mapping capabilities, self-charging, and sweeping brushes. High demand for mobile support applications is expected to drive its growth over the coming years.
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