The global household vacuum cleaners market size was worth around USD 17.49 billion in 2023 and is predicted to grow to around USD 29.59 billion by 2032 with a compound annual growth rate (CAGR) of roughly 6.14% between 2024 and 2032.
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Market Overview for Household Vacuum Cleaners
Household vacuum cleaners are electric appliances that are used to clean carpets and surfaces, as well as to remove pet hair from furniture. A suction pump is the primary component of a vacuum cleaner, as it is responsible for the collection of dust and grime from floors and other surfaces. Vacuum cleaners are advantageous for individuals with particle allergies, as they reduce cleaning time and yield superior outcomes when contrasted with other cleaning methods. domestic vacuum cleaners have emerged as a significant contributor to the small domestic appliances category.
The research encompasses the household vacuum cleaners market’s drivers and restraints, as well as their influence on demand during the forecast period. Furthermore, the report encompasses an examination of the global opportunities in the household vacuum cleaners market.
An analysis of Porter’s Five Forces Model for the household vacuum cleaners market has also been incorporated to comprehend the competitive landscape in the market. The research includes a market attractiveness analysis, which evaluates the market size, growth rate, and general attractiveness of all segments.
Growth Drivers of the Household Vacuum Cleaners Market
The household vacuum cleaners market is expanding positively as a result of the increasing global working population and the corresponding increase in hygiene and health concerns. However, the household vacuum cleaners market may be hindered by the limited awareness among individuals residing in remote areas and the increasing apprehensions regarding excessive power consumption during the forecast period. Conversely, the household vacuum cleaners market is anticipated to experience further growth in the years ahead as a result of the increasing awareness of the health benefits, efficient cleaning, and technological advancements.
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The Global Household Vacuum Cleaners Market is segmented based on product, application and region
Global Household Vacuum Cleaners Market: Product Segment Analysis
● Upright
● Canister
● Drum
● Central
● Wet/Dry
● Robotic
● Others
Global Household Vacuum Cleaners Market: Application Segment Analysis
● Offline
● Online
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The Global Household Vacuum Cleaners market profiles key players such as:
● Electrolux AB
● Eureka Forbes
● Haier Group Corporation
● iRobot Corporation
● Koninklijke Philips
● LG Electronics
● Panasonic Corporation
● Robert Bosch
● Samsung Electronics
● Oreck Corporation
Regional Analysis of the Household Vacuum Cleaners Market
The current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa is included in the regional segmentation.
Europe was the second-largest market share holder of household vacuum cleaners in 2023, following North America. The market for household vacuum cleaners in the Asia Pacific region is anticipated to expand swiftly in the years ahead. The Asia Pacific household vacuum cleaner market is presently dominated by China and Japan.
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