The Household Vacuum Cleaners Market is Predict to reach $26.6 Billion by 2030, at a CAGR of 5.8%

30-Nov-2023 | Report Format: Electronic (PDF)

Household Vacuum Cleaners Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Household Vacuum Cleaners Market size is expected to reach $26.6 billion by 2030, rising at a market growth of 5.8% CAGR during the forecast period. In the year 2022, the market attained a volume of 80,289.3 thousand units, experiencing a growth of 8.0% (2019-2022).

The Cordless segment is experiencing a CAGR of 6.3% during (2023 - 2030). Cordless vacuum cleaners offer unparalleled portability and convenience. Power cords do not restrict users, allowing them to move freely around the house without the hassle of plugging and unplugging the device. The absence of cords makes cordless vacuums easy to use and maneuver. Quick cleanups become more efficient without needing an electrical outlet, making them ideal for daily maintenance and spot cleaning. Cordless vacuum cleaners often have a compact and space-saving design, making them easy to store in small spaces. This design feature appeals to consumers with limited storage areas in their homes.

The Offline segment is leading the Global Household Vacuum Cleaners Market, By Mode of Sales in 2022; thereby, achieving a market value of $16.9 billion by 2030. Brick-and-mortar stores provide consumers with a tangible and immersive shopping experience. Shoppers can physically engage with various vacuum cleaner models, assessing features, weight, and maneuverability firsthand. Consumers can walk into a store, select their preferred vacuum cleaner, and take it home the same day. This immediacy contrasts with the waiting period associated with online deliveries, catering to consumers who prioritize convenience and swift access to their chosen cleaning solution.

The Upright segment is registering a CAGR of 5.5% during (2023 - 2030). Upright vacuum cleaners are renowned for their robust cleaning capabilities. Equipped with powerful suction and advanced cleaning technologies, these appliances efficiently tackle dirt, debris, and allergens on various surfaces, from carpets to hardwood floors. The upright segment has embraced technological advancements, incorporating HEPA filters, adjustable suction settings, and smart sensors for optimal cleaning. Some models even come equipped with Wi-Fi connectivity and app integration, allowing users to remotely control and monitor cleaning activities.

The Asia Pacific region dominated the Global Household Vacuum Cleaners Market, By Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $9.6 billion by 2030. The Europe region is poised to grow a CAGR of 5.4% during (2023 - 2030). Additionally, The North America region would exhibit a CAGR of 5.1% during (2023 - 2030).

Full Report: https://www.kbvresearch.com/household-vacuum-cleaners-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Panasonic Holdings Corporation, AB Electrolux (Electrolux), LG Electronics, Inc. (LG Corporation, Samsung Electronics Co., Ltd. (Samsung Group), Koninklijke Philips N.V., Miele & Cie. KG, Dyson Limited, iRobot Corporation (Amazon.com, Inc.), Haier Smart Home Co., Ltd. (Haier Group Corporation) and BISSELL, Inc.

Global Household Vacuum Cleaners Market Segmentation

By Type (Volume, Thousand Unit, USD Billion, 2019-30)

  • Corded
  • Cordless

By Mode of Sales (Volume, Thousand Unit, USD Billion, 2019-30)

  • Offline
  • Online

By Product (Volume, Thousand Unit, USD Billion, 2019-30)

  • Canister
  • Upright
  • Drum
  • Central
  • Robotics
  • Others

By Geography (Volume, Thousand Unit, USD Billion, 2019-30)

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • Panasonic Holdings Corporation
  • AB Electrolux (Electrolux)
  • LG Electronics, Inc. (LG Corporation)
  • Samsung Electronics Co., Ltd. (Samsung Group)
  • Koninklijke Philips N.V.
  • Miele & Cie. KG
  • Dyson Limited
  • iRobot Corporation (Amazon.com, Inc.)
  • Haier Smart Home Co., Ltd. (Haier Group Corporation)
  • BISSELL, Inc.

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