Vacuum Cleaner Market Size & Growth Analysis to 2030

The global vacuum cleaner market size is anticipated to grow at a significant CAGR of 9.5% during the forecast period 2021 to 2027 and valued at around USD 10 billion in 2020. The increasing disposable income per capita and changing lifestyle of consumers are some major factors to drive the market growth. The rapid growth in the working population and ease of use are some other factors to increase the demand for vacuum cleaners in the residential sector. Furthermore, the increasing adoption of the Work from Home model amidst COVID-19 is another factor to fuel the market growth. In addition, the rising concerns regarding health, hygiene, and safety are expected to boost the market in the industrial areas such as manufacturing, pharmaceuticals, and food & beverage sector.

Market Drivers:

Increasing Awareness of Hygiene and Cleanliness: There is a growing awareness of the importance of maintaining clean and hygienic living spaces. Consumers are becoming more conscious of the health implications of indoor air pollution, dust mites, allergens, and pet dander. The need for effective cleaning solutions drives the demand for vacuum cleaners.

Urbanization and Changing Lifestyles: Rapid urbanization, smaller living spaces, and busy lifestyles have led to an increased demand for convenient and efficient cleaning solutions. Vacuum cleaners provide a time-saving and effective method of cleaning floors, carpets, upholstery, and other surfaces. The urban population’s need for efficient cleaning tools contributes to the growth of the vacuum cleaner market.

Technological Advancements and Innovations: The vacuum cleaner industry has witnessed significant technological advancements and innovations in recent years. Features such as advanced filtration systems, cordless operation, robotic cleaning, smart connectivity, and improved suction power enhance the performance and convenience of vacuum cleaners. Technological advancements drive consumer interest and stimulate market growth.

Growing Concern for Environmental Sustainability: There is a growing concern for environmental sustainability and the reduction of energy consumption. Energy-efficient vacuum cleaners, such as those with high-efficiency motors and low-power modes, are increasingly preferred by consumers. Manufacturers are focusing on developing eco-friendly vacuum cleaners that reduce energy consumption and minimize environmental impact.

Increasing Pet Ownership: The growing number of households with pets contributes to the demand for vacuum cleaners. Pet owners often face challenges related to pet hair, dander, and odor control. Vacuum cleaners with specialized pet hair attachments and advanced filtration systems are sought after by pet owners, driving the market growth.

Rising Disposable Income and Consumer Spending: Increasing disposable income levels and higher consumer spending on home appliances drive the demand for vacuum cleaners. As people’s purchasing power increases, they are more likely to invest in appliances that simplify household chores and improve the cleanliness of their living spaces.

Allergies and Respiratory Health Concerns: The prevalence of allergies and respiratory health issues has increased in recent years. Vacuum cleaners with advanced filtration systems, such as HEPA filters, help remove allergens, dust, and other particles from the air, improving indoor air quality and addressing respiratory health concerns. The demand for vacuum cleaners as a tool for allergen control and maintaining a healthy living environment drives the market.

Expansion of Online Retail Channels: The growth of e-commerce and online retail channels has provided consumers with convenient access to a wide range of vacuum cleaner options. Online platforms offer competitive pricing, product reviews, and convenient doorstep delivery, which contributes to the overall growth of the vacuum cleaner market.

Market Attributes:

Market Insights:

The global vacuum cleaner market is bifurcated into product, application, distribution channel, and geography. On the basis of product, the market is further fragmented into canister, central, drum, robotic, and others. The canister segment dominated the market in 2020 and accounted to hold the largest market share of over one-fourth percent of the market in terms of revenue. The low risk associated with the canister vacuum cleaner such as asthma and allergies, due to the presence of the HEPA filter, is a major factor to contribute the segment growth. On the other hand, the robotic segment is accounted to grow at a significant CAGR over the forecast period.

By application, the vacuum cleaner market is segmented into industrial, residential, and commercial. The residential segment dominated the market in 2020 and held the largest market share around half of the market in terms of revenue. The increasing adoption of work from home model is a primary factor to drive the segment growth across the globe. The increasing demands for hygiene cleaning and the rising prevalence of asthma and allergy due to dust are some other factors that have attributed the market growth. Furthermore, the rising demand for healthy and hygiene cleaning in industrial areas such as pharmaceuticals, food & beverage, and manufacturing is expected to drive the market growth in the industrial segment over the forecast period.

To know more about the report, request sample papers

The vacuum cleaner comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2020 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The vacuum cleaner market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

• 2018-19 – Historical Year
• 2020 – Base Year
• 2021-2027 – Forecast Period

Market Segmentation:

By Product:

• Canister
• Central
• Drum
• Robotic
• Upright
• Wet & Dry
• Others

By Application:

• Industrial
• Residential
• Commercial

By Distribution Channel:

• Online
• Offline

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Geographic Coverage:

Geographically, the Asia Pacific dominated the global vacuum cleaner market in 2020 and expected to maintain its dominance over the forecast period.  The low-cost availability of the product and the rising purchasing power of consumers are some major factors to drive the market growth in the region. Furthermore, the presence of some major players has further attributed the market growth. The rapid growth in urbanization and increasing disposable income are expected to fuel the market growth over the forecast period in the region.

Market Competition Assessment:

Some of the major players operating in the global vacuum cleaner market are iRobot Corporation, Dyson, Ecovacs, Nilfisk Group, and Stanley Black & Decker, Inc. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

• iRobot Corporation
• Dyson
• Ecovacs
• Nilfisk Group
• Stanley Black & Decker, Inc.
• Panasonic Corporation
• Alfred Kaercher GmbH & Co. KG
• Tennant Company
• Ruwac Industriesauger GmbH
• Diversey, Inc.

Key Questions Answered by Vacuum Cleaner Market Report:

• Global vacuum cleaner market forecasts from 2021-2027
• Regional vacuum cleaner market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East and Africa, and Latin America
• Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
• Vacuum cleaner submarket forecasts from 2021-2027 covering the market by product, by application, by distribution channel, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis pertaining to the vacuum cleaner market
• Analysis of the key factors driving and restraining the growth of the global, regional, and country-level vacuum cleaner markets from 2021-2027
• Competitive Landscape and market positioning of top 10 players operating in the vacuum cleaner market