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TMCNet:  Global Household Vacuum Cleaner Market Projected to be Worth USD 16.2 Billion by 2021: Technavio

[April 21, 2017]

Global Household Vacuum Cleaner Market Projected to be Worth USD 16.2 Billion by 2021: Technavio

According to the latest market study released by Technavio, the global household vacuum cleaner market is projected to grow to USD 16.2 billion by 2021, at a CAGR of nearly 5% over the forecast period.

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Technavio has published a new report on the global household vacuum cleaner market from 2017-2021. ( ...

Technavio has published a new report on the global household vacuum cleaner market from 2017-2021. (Graphic: Business Wire)

This research report titled 'Global Household Vacuum Cleaner Market 2017-2021' provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.



 
Vacuum cleaners are electrical appliances that use an air pump to suck up dirt and dust from floors and other surfaces. The dust is secured in a dust bag that can be emptied later. The ongoing globalization trend is leading to increasing adoption of kitchen and laundry appliances, which is positively impacting the growth of the household vacuum cleaners market.
 

Looking for more information on this market? Request a free sample report

Technavio's sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Based on the product type, the report categorizes the global household vacuum cleaner market into the following segments:

  • Canister and cylinder vacuum cleaner
  • Handheld vacuum cleaner
  • Robotic vacuum cleaner
  • Others

The top three revenue-generating product segments in the global household vacuum cleaner market are discussed below:

Canister and cylinder vacuum cleaner

"Canister and cylinder vacuum cleaners occupied a majority 43% of the global market in 2016, and this dominance is expected to continue over the forecast period. The flexibility and maneuverability of these vacuum cleaners are responsible for their popularity," says Poonam Saini, a lead analyst at Technavio for retail goods and services research.

A canister vacuum cleaner consists of an electric motor and a dirt collector, which are constructed as separate units with wheels. This whole unit is connected with a cleaning head equipped with a flexible hose. The advantages of these vacuum cleaners are driving their increasing adoption across APAC and Europe.

Handheld vacuum cleaner

The handheld vacuum cleaner segment of the household vacuum cleaner market is projected to be worth USD 2.03 billion by 2021. Handheld vacuum cleaners are small and portable versions of large traditional vacuum cleaners. Their compact size is very appealing to many residential owners, who opt for them to clean their homes. Consumers mainly use these vacuum cleaners to clean their car interiors, staircase risers, and rugs and carpets. The cost of these handheld vacuum cleaners is also less compared to other vacuum cleaners.

Robotic vacuum cleaner

"The robotic vacuum cleaner market segment is projected to grow at a CAGR of over 14% through the forecast period, making it the fastest growing segment of the market. These vacuum cleaners reduce the total time spent by homeowners in cleaning, which is the primary reason for their growing popularity," says Poonam.

Robotic vacuum cleaners help people to complete the cleaning task in less time and at low cost., and can easily reach places that are not easily accessible. There is a high demand for these vacuum cleaners from countries such as Japan, China, Italy, and Germany.

The top vendors highlighted by Technavio's research analysts in this report are:

  • BISSELL
  • Dyson
  • Electrolux
  • Techtronic Industries

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Become a Technavio Insights member and access all three of these reports for a fraction of their original cost. As a Technavio Insights member, you will have immediate access to new reports as they're published in addition to all 6,000+ existing reports covering segments like luggage, pet supplies, and retail systems. This subscription nets you thousands in savings, while staying connected to Technavio's constant transforming research library, helping you make informed business decisions more efficiently.

About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.

If you are interested in more information, please contact our media team at media@technavio.com.


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