Product Code: GVR-4-68038-046-0
Vacuum Cleaner Market Growth & Trends:
The global vacuum cleaner market size is expected to reach USD 26.44 billion by 2030, registering a CAGR of 10.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing emphasis on maintaining cleanliness and hygiene in private and public spaces is contributing to the market growth. Moreover, growing consumer expenditure on household appliances, considering the growing working population, changing lifestyle patterns, and increasing per capita income, especially in developing countries, is also creating lucrative growth prospects for the market.
The ongoing technological advancements in vacuum cleaners are significantly driving the product demand across commercial as well as industrial spaces, fueling market growth. The market players are striving to develop and introduce innovative cleaning solutions that can cater to a large customer base while strengthening their market position. For instance, in 2024, Dreame Technology launched various new smart cleaning solutions at the CES 2024. The new solutions include DreameBot L20 Ultra, DreameBot X30 Ultra, DreameBot L10s Pro Ultra, Dreame Z10 Station Cordless Vacuum Cleaner, and Dreame H13 Pro Wet and Dry Vacuum.
The stringent regulatory scenario in various countries to ensure cleanliness and hygiene in commercial and industrial environments is stimulating the adoption of vacuum cleaners further. These smart machines extract and vacuum the dust of different particle sizes and quantities, especially in the manufacturing and construction industries. In pharmaceutical companies, the production process involves high standards of hygiene, productivity, and safety to ensure a compliant, safe, and effective product. This necessitates the deployment of efficient vacuum cleaners that reduce dust dispersal and are equipped with HEPA filters. These factors are expected to transform the vacuum cleaner market outlook in the coming years.
In addition, the growth of the vacuum cleaner market is influenced by the strong and well-established distribution channels and diversification of manufacturing and supply chain capabilities. The online distribution channel has also gained momentum in recent years, and companies are emphasizing the direct-to-consumer sales channel. For instance, Ecovacs has collaborated with several e-commerce platforms, such as Amazon, Lazada, and Shopee, as well as key local e-commerce channels to expand in Singapore, India, Vietnam, and Indonesia. The company also focuses on the development of other distribution channels, including its offline retail channels, website, and mobile app.
Vacuum Cleaner Market Report Highlights:
- The use of intelligent technologies such as Artificial Intelligence (AI) to develop autonomous cleaning solutions is expected to emerge as a major trend aiding the market growth
- The robotic vacuum cleaner segment is expected to witness the fastest growth during the forecast period. The growth can be attributed to the advanced features offered by the robotic cleaners that require minimum human intervention
- In terms of the distribution channel, the online segment is anticipated to register a CAGR of more than 10.0% from 2024 to 2030. This growth can be attributed to the enormous developments in digitalization and e-commerce platforms globally
- The introduction of advanced technologies in robotic cleaners, such as automatic charging systems and voice assistance systems, is expected to drive market growth in the residential segment
- In terms of power source, the cordless segment is expected to witness notable CAGR from 2024 to 2030 owing to increased demand for these vacuum cleaners as they offer greater convenience and portability
- Asia Pacific is expected to retain its dominance in the market throughout the forecast period. The increasing number of commercial places, demand for technology-driven cleaning systems, and the rising popularity of smart home products in the region are the factors driving the regional market growth
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Information Procurement
- 1.3.1. Information analysis
- 1.3.2. Market formulation & data visualization
- 1.3.3. Data validation & publishing
- 1.4. 4 Research Scope and Assumptions
- 1.4.1. List to Data Sources
Chapter 2. Executive Summary
- 2.1. Vacuum Cleaner Market Snapshot
- 2.2. Vacuum Cleaner Market - Segment Snapshot (1/2)
- 2.3. Vacuum Cleaner Market - Segment Snapshot (2/2)
- 2.4. Vacuum Cleaner Market - Competitive Landscape Snapshot
Chapter 3. Vacuum Cleaner Market - Industry Outlook
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunity
- 3.4. Technology Landscape
- 3.5. Industry Analysis Tools
- 3.5.1. Porter's analysis
- 3.5.2. Macroeconomic analysis
- 3.6. Vacuum Cleaner Market- COVID-19 Impact Analysis
Chapter 4. Vacuum Cleaner Market: Product Estimates & Trend Analysis
- 4.1. Product Movement Analysis & Market Share, 2023 & 2030
- 4.2. Vacuum Cleaner Market Estimates & Forecast, By Product (USD Million)
- 4.2.1. Canister
- 4.2.2. Central
- 4.2.3. Drum
- 4.2.4. Robotic
- 4.2.5. Upright
- 4.2.6. Wet & Dry
- 4.2.7. Others
Chapter 5. Vacuum Cleaner Market: Distribution Channel Estimates & Trend Analysis
- 5.1. Distribution Channel Movement Analysis & Market Share, 2023 & 2030
- 5.2. Vacuum Cleaner Market Estimates & Forecast, By Distribution Channel (USD Million)
- 5.2.1. Online
- 5.2.2. Offline
Chapter 6. Vacuum Cleaner Market: Power Source Estimates & Trend Analysis
- 6.1. Power Source Movement Analysis & Market Share, 2023 & 2030
- 6.2. Vacuum Cleaner Market Estimates & Forecast, By Power Source (USD Million)
- 6.2.1. Corded
- 6.2.2. Cordless
Chapter 7. Vacuum Cleaner Market: Application Estimates & Trend Analysis
- 7.1. Application Movement Analysis & Market Share, 2023 & 2030
- 7.2. Vacuum Cleaner Market Estimates & Forecast, By Application (USD Million)
- 7.2.1. Industrial
- 7.2.1.1. Manufacturing
- 7.2.1.2. Food & Beverages
- 7.2.1.3. Pharmaceuticals
- 7.2.1.4. Construction
- 7.2.1.5. Others
- 7.2.2. Commercial
- 7.2.2.1. Hospital
- 7.2.2.2. Retail Stores
- 7.2.2.3. Hospitality
- 7.2.2.4. Shopping Malls
- 7.2.2.5. Others
- 7.2.3. Residential
Chapter 8. Regional Estimates & Trend Analysis
- 8.1. Vacuum Cleaner Market by Region, 2023 & 2030
- 8.2. North America
- 8.2.1. North America Vacuum Cleaner Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.2.2. U.S.
- 8.2.3. Canada
- 8.3. Europe
- 8.3.1. Europe Vacuum Cleaner Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.3.2. Germany
- 8.3.3. U.K.
- 8.3.4. France
- 8.3.5. Italy
- 8.3.6. Spain
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Vacuum Cleaner Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.4.2. Japan
- 8.4.3. China
- 8.4.4. India
- 8.4.5. South Korea
- 8.5. Latin America
- 8.5.1. Latin America Vacuum Cleaner Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.5.2. Brazil
- 8.5.3. Mexico
- 8.6. Middle East & Africa (MEA)
- 8.6.1. MEA Vacuum Cleaner Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 8.6.2. Saudi Arabia
- 8.6.3. South Africa
Chapter 9. Vacuum Cleaner Market - Competitive Landscape
- 9.1. Recent Developments & Impact Analysis, By Key Market Participants
- 9.2. Company Categorization
- 9.3. Participant's Overview
- 9.4. Financial Performance
- 9.5. Product Benchmarking
- 9.6. Company Market Share Analysis, 2023
- 9.7. Company Heat Map Analysis
- 9.8. Strategy Mapping
- 9.8.1. Expansion/Divestiture
- 9.8.2. Collaborations/Partnerships
- 9.8.3. New Product Launches
- 9.8.4. Research & Development
- 9.9. Company Profiles
- 9.9.1. ALFRED KARCHER SE & CO. KG
- 9.9.1.1. Participant's Overview
- 9.9.1.2. Financial Performance
- 9.9.1.3. Product Benchmarking
- 9.9.1.4. Recent Developments
- 9.9.2. BISSELL
- 9.9.2.1. Participant's Overview
- 9.9.2.2. Financial Performance
- 9.9.2.3. Product Benchmarking
- 9.9.2.4. Recent Developments
- 9.9.3. CRAFTSMAN
- 9.9.3.1. Participant's Overview
- 9.9.3.2. Financial Performance
- 9.9.3.3. Product Benchmarking
- 9.9.3.4. Recent Developments
- 9.9.4. DEWALT
- 9.9.4.1. Participant's Overview
- 9.9.4.2. Financial Performance
- 9.9.4.3. Product Benchmarking
- 9.9.4.4. Recent Developments
- 9.9.5. Dreame International (Hongkong) Limited
- 9.9.5.1. Participant's Overview
- 9.9.5.2. Financial Performance
- 9.9.5.3. Product Benchmarking
- 9.9.5.4. Recent Developments
- 9.9.6. Dyson
- 9.9.6.1. Participant's Overview
- 9.9.6.2. Financial Performance
- 9.9.6.3. Product Benchmarking
- 9.9.6.4. Recent Developments
- 9.9.7. ECOVACS
- 9.9.7.1. Participant's Overview
- 9.9.7.2. Financial Performance
- 9.9.7.3. Product Benchmarking
- 9.9.7.4. Recent Developments
- 9.9.8. Emerson Electric Co.
- 9.9.8.1. Participant's Overview
- 9.9.8.2. Financial Performance
- 9.9.8.3. Product Benchmarking
- 9.9.8.4. Recent Developments
- 9.9.9. Haier Group
- 9.9.9.1. Participant's Overview
- 9.9.9.2. Financial Performance
- 9.9.9.3. Product Benchmarking
- 9.9.9.4. Recent Developments
- 9.9.10. iRobot Corporation
- 9.9.10.1. Participant's Overview
- 9.9.10.2. Financial Performance
- 9.9.10.3. Product Benchmarking
- 9.9.10.4. Recent Developments
- 9.9.11. Neato Robotics, Inc.
- 9.9.11.1. Participant's Overview
- 9.9.11.2. Financial Performance
- 9.9.11.3. Product Benchmarking
- 9.9.11.4. Recent Developments
- 9.9.12. Nilfisk Group
- 9.9.12.1. Participant's Overview
- 9.9.12.2. Financial Performance
- 9.9.12.3. Product Benchmarking
- 9.9.12.4. Recent Developments
- 9.9.13. Panasonic Holdings Corporation
- 9.9.13.1. Participant's Overview
- 9.9.13.2. Financial Performance
- 9.9.13.3. Product Benchmarking
- 9.9.13.4. Recent Developments
- 9.9.14. Samsung Electronics Co., Ltd.
- 9.9.14.1. Participant's Overview
- 9.9.14.2. Financial Performance
- 9.9.14.3. Product Benchmarking
- 9.9.14.4. Recent Developments
- 9.9.15. Snow Joe LLC
- 9.9.15.1. Participant's Overview
- 9.9.15.2. Financial Performance
- 9.9.15.3. Product Benchmarking
- 9.9.15.4. Recent Developments