The global household vacuum cleaner market is anticipated to grow at a CAGR of 5.0% during the forecast period (2022-2028).The market growth is majorly attributable to the growing awareness related to cleanliness, hygiene and the growing demand for smart domestic products that supports in saving time of the individuals. Thus, owing to the hectic lifestyle of people and the constant need to save time, they are shifting toward sophisticated and automated tools, and luxury household items such as vacuum cleaner. It is worth noting that after the outbreak of COVID-19, people have become more conscious about minimizing any possible risk of transmission. Dusting being one such measure has suddenly led to a boost in the demand for householdvacuum cleaner in the past few years.
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Adding to this, the technological advancements is also one of the key factors propelling the growth of the global household vacuum cleaner market. Furthermore, the growing online sales of vacuum cleaner is a key market trend anticipated to augment the market growth during the forecast period. For instance, as per the data given by the United Nations Conference on Trade and Development (UNCTAD), the global e-commerce sales increased to $ 26.7 trillion in 2019, which was more than 4% over that in 2018.
Some key players operating in the market include Electrolux AB, Stanley Black & Decker, and Dyson Ltd., among others. The market players are eyeing on strengthening their position in the market by adopting various strategies as mergers and acquisitions, partnerships, collaborations, new product launch and development in the existing product portfolio, and so on. For instance, in April 2022, Xiaomi launched a new sweeping robotic vacuum named Mijia, which supports deep clean and remove tough stains without human intervention. The device controls through Xiao AI voice commands or the Mijia app. With the support of this app, the user can connect the robot vacuum to other smart home devices.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Product
- By Type
- By Distribution Channel
- Regions covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape: Electrolux AB, Stanley Black & Decker, and Dyson Ltd., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Household Vacuum Cleaner Market Report by Segment
By Product
- Upright
- Canister
- Central
- Robotic
- Drum
- Wet/Dry
By Type
- Corded
- Cordless
By Distribution Channel
- Online
- Offline
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