The global vacuum cleaner market size is expected to be worth around US$ 30.66 billion by 2030, according to a new report by Vision Research Reports.
The global vacuum cleaner market size was valued at US$ 15.01 billion in 2020 and is anticipated to grow at a CAGR of 18.6% during forecast period 2021 to 2030.
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Report Coverage
Report Coverage | Details |
Market Size | US$ 30.66 billion by 2030 |
Growth Rate | CAGR of 18.6% From 2021 to 2030 |
Base Year | 2020 |
Forecast Period | 2021 to 2030 |
Segments Covered | Product, Distribution, Application, Region |
Companies Mentioned | iRobot Corporation, Dyson, Ecovacs, Nilfisk Group, Stanley Black & Decker, Inc., Panasonic Corporation |
Growth Factors
The growing per capita income in developing countries is one of the key factors leading to the increased consumer demand for advanced vacuum cleaners. Moreover, the COVID-19 pandemic has made people pay more attention to cleanliness and hygiene to maintain a sense of safety in private and public spaces. This is estimated to drive market growth over the next few years.
The COVID-19 lockdowns and related travel restrictions have restricted access to housekeeping services. The increased struggle to manage all household chores while maintaining high cleanliness and hygiene standards is driving the demand for household appliances such as vacuum cleaners. To put this into perspective, Panasonic India has seen a growth of 20% in the sales of vacuum cleaners compared to pre-COVID times. Eureka Forbes Ltd. also witnessed strong demand for vacuum cleaners amidst the pandemic in India.
Government initiatives such as ‘Swachh Bharat Mission’ and 100% FDI in India have further fueled the growth of the regional market. Automatic vacuum cleaners and sweepers play a key role in maintaining public health in commercial places. Several state governments in India have adopted road sweeping machines that work like vacuum cleaners to clean the roads. In 2019, Anker Innovations, a Chinese electronics company, entered the Indian market under the FDI scheme with its Eufy range of robot vacuum cleaners and experienced positive growth in 2020.
Report Highlights
The canister vacuum cleaner segment dominated the market in 2020 with a revenue share of over 25%. The development of canister vacuum cleaners equipped with a HEPA filter, which have a significantly low risk of causing pulmonary side effects such as allergies and asthma, is expected to work in favor of the segment’s future growth prospects.
The robotic segment is expected to witness an increase in demand over the next few years. New cleaning requirements and demands have emerged in response to the COVID-19 pandemic to free up the human workforce so that they can attain other duties, especially in hospitals. Such demands have necessitated the adoption of autonomous or robotic vacuum cleaners for the commercial sector.
The online distribution channel segment captured a revenue share of over 56% in 2020. The growth can be attributed to the implementation of lockdown of varying stringency worldwide to curb the spread of COVID-19. Since cleaning became an essential part of the daily routine across all application sectors, companies moved to sell their products virtually. The virtual product demonstration and selling process contributed profoundly to the segment’s growth in 2020 and is expected to remain a key contributor in 2021 as well. The need to globalize the digital sales process and create a seamless customer experience is likely to further contribute to the segment’s future growth prospects.
The residential segment dominated the vacuum cleaner market growth in 2020 by capturing a revenue share of over 48%. The implementation of the WFH model across regions has confined people to their homes, necessitating the timely management of daily routine tasks. This has increased the demand for home appliances, especially cleaning equipment. Increasing incidences of allergy and asthma caused due to dust and dirt in residential settings, coupled with the need to keep homes disease-free, are expected to drive the demand for residential vacuum cleaners.
The COVID-19 pandemic impacted the industrial and commercial business sector due to the long-term closure of manufacturing plants, shopping malls, restaurants, and other commercial spaces. As a result, the revenue for the industrial and commercial sectors declined in 2020. However, in the commercial sector, the hospital segment witnessed promising growth, chiefly owing to the labor shortage in hospitals and the need to maintain hygiene. Moreover, the rising need to keep hospitals clean to avoid cross-contamination and infections and maintain a healthy environment for the medical staff, patients, and visitors is anticipated to drive the demand for vacuum cleaners.
The Asia Pacific region dominated the global market for vacuum cleaners in 2020, with China being one of the leading markets. The strong presence of regional companies, availability of low-cost products, and high purchasing power of consumers are some of the key factors driving the regional demand for vacuum cleaners. The increasing electrification of rural areas and the wide usability of online sales channels in developing countries such as India are aiding the demand for vacuum cleaners.
Key Players
Market Segmentation
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Vacuum Cleaner Market, By Product
7.1. Vacuum Cleaner Market, by Product, 2021-2030
7.1.1. Canister
7.1.1.1. Market Revenue and Forecast (2016-2030)
7.1.2. Central
7.1.2.1. Market Revenue and Forecast (2016-2030)
7.1.3. Drum
7.1.3.1. Market Revenue and Forecast (2016-2030)
7.1.4. Robotic
7.1.4.1. Market Revenue and Forecast (2016-2030)
7.1.5. Upright
7.1.5.1. Market Revenue and Forecast (2016-2030)
7.1.6. Wet & Dry
7.1.6.1. Market Revenue and Forecast (2016-2030)
7.1.7. Others
7.1.7.1. Market Revenue and Forecast (2016-2030)
Chapter 8. Global Vacuum Cleaner Market, By Distribution Channel
8.1. Vacuum Cleaner Market, by Distribution Channel, 2021-2030
8.1.1. Online
8.1.1.1. Market Revenue and Forecast (2016-2030)
8.1.2. Offline
8.1.2.1. Market Revenue and Forecast (2016-2030)
Chapter 9. Global Vacuum Cleaner Market, By Application
9.1. Vacuum Cleaner Market, by Application, 2021-2030
9.1.1. Industrial
9.1.1.1. Market Revenue and Forecast (2016-2030)
9.1.2. Residential
9.1.2.1. Market Revenue and Forecast (2016-2030)
9.1.3. Commercial
9.1.3.1. Market Revenue and Forecast (2016-2030)
Chapter 10. Global Vacuum Cleaner Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Product (2016-2030)
10.1.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.1.3. Market Revenue and Forecast, by Application (2016-2030)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Product (2016-2030)
10.1.4.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.1.4.3. Market Revenue and Forecast, by Application (2016-2030)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Product (2016-2030)
10.1.5.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.1.5.3. Market Revenue and Forecast, by Application (2016-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Product (2016-2030)
10.2.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.2.3. Market Revenue and Forecast, by Application (2016-2030)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Product (2016-2030)
10.2.4.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.2.4.3. Market Revenue and Forecast, by Application (2016-2030)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Product (2016-2030)
10.2.5.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.2.5.3. Market Revenue and Forecast, by Application (2016-2030)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Product (2016-2030)
10.2.6.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.2.6.3. Market Revenue and Forecast, by Application (2016-2030)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Product (2016-2030)
10.2.7.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.2.7.3. Market Revenue and Forecast, by Application (2016-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Product (2016-2030)
10.3.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.3.3. Market Revenue and Forecast, by Application (2016-2030)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Product (2016-2030)
10.3.4.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.3.4.3. Market Revenue and Forecast, by Application (2016-2030)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Product (2016-2030)
10.3.5.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.3.5.3. Market Revenue and Forecast, by Application (2016-2030)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Product (2016-2030)
10.3.6.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.3.6.3. Market Revenue and Forecast, by Application (2016-2030)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Product (2016-2030)
10.3.7.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.3.7.3. Market Revenue and Forecast, by Application (2016-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Product (2016-2030)
10.4.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.4.3. Market Revenue and Forecast, by Application (2016-2030)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Product (2016-2030)
10.4.4.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.4.4.3. Market Revenue and Forecast, by Application (2016-2030)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Product (2016-2030)
10.4.5.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.4.5.3. Market Revenue and Forecast, by Application (2016-2030)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Product (2016-2030)
10.4.6.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.4.6.3. Market Revenue and Forecast, by Application (2016-2030)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Product (2016-2030)
10.4.7.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.4.7.3. Market Revenue and Forecast, by Application (2016-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Product (2016-2030)
10.5.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.5.3. Market Revenue and Forecast, by Application (2016-2030)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Product (2016-2030)
10.5.4.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.5.4.3. Market Revenue and Forecast, by Application (2016-2030)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Product (2016-2030)
10.5.5.2. Market Revenue and Forecast, by Distribution Channel (2016-2030)
10.5.5.3. Market Revenue and Forecast, by Application (2016-2030)
Chapter 11. Company Profiles
11.1. iRobot Corporation
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Dyson
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Ecovacs
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Nilfisk Group
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Stanley Black & Decker, Inc.
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Panasonic Corporation
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
Glossary of Terms
The study objectives of this report are:
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