Global Household Vacuum Cleaner Market Projected to be Worth USD 16.2 Billion by 2021: Technavio

LONDON–(BUSINESS WIRE)–#Research–According to the latest market study released by Technavio,
the global
household vacuum cleaner market
is projected to grow to
USD 16.2 billion by 2021, at a CAGR of nearly 5% over the forecast
period.


This research report titled ‘Global
Household Vacuum Cleaner Market 2017-2021
’ provides an in-depth
analysis of the market in terms of revenue and emerging market trends.
This market research report also includes up to date analysis and
forecasts for various market segments and all geographical regions.

 
Vacuum cleaners are electrical appliances that use an air pump to
suck up dirt and dust from floors and other surfaces. The dust is
secured in a dust bag that can be emptied later. The ongoing
globalization trend is leading to increasing adoption of kitchen and
laundry appliances, which is positively impacting the growth of the
household vacuum cleaners market.
 

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Based on the product type, the report categorizes the global household
vacuum cleaner market into the following segments:

  • Canister and cylinder vacuum cleaner
  • Handheld vacuum cleaner
  • Robotic vacuum cleaner
  • Others

The top three revenue-generating product segments in the global
household vacuum cleaner market are discussed below:

Canister and cylinder vacuum cleaner

Canister and cylinder vacuum cleaners occupied a majority 43% of
the global market in 2016, and this dominance is expected to continue
over the forecast period. The flexibility and maneuverability of these
vacuum cleaners are responsible for their popularity
,”
says
Poonam Saini, a lead analyst at Technavio for retail
goods and services
research.

A canister vacuum cleaner consists of an electric motor and a dirt
collector, which are constructed as separate units with wheels. This
whole unit is connected with a cleaning head equipped with a flexible
hose. The advantages of these vacuum cleaners are driving their
increasing adoption across APAC and Europe.

Handheld vacuum cleaner

The handheld vacuum cleaner segment of the household vacuum cleaner
market is projected to be worth USD 2.03 billion by 2021. Handheld
vacuum cleaners are small and portable versions of large traditional
vacuum cleaners. Their compact size is very appealing to many
residential owners, who opt for them to clean their homes. Consumers
mainly use these vacuum cleaners to clean their car interiors, staircase
risers, and rugs and carpets. The cost of these handheld vacuum cleaners
is also less compared to other vacuum cleaners.

Robotic vacuum cleaner

The robotic vacuum cleaner market segment is projected to grow at
a CAGR of over 14% through the forecast period, making it the fastest
growing segment of the market. These vacuum cleaners reduce the total
time spent by homeowners in cleaning, which is the primary reason for
their growing popularity
,”
says Poonam.

Robotic vacuum cleaners help people to complete the cleaning task in
less time and at low cost., and can easily reach places that are not
easily accessible. There is a high demand for these vacuum cleaners from
countries such as Japan, China, Italy, and Germany.

The top vendors highlighted by Technavio’s research analysts in this
report are:

  • BISSELL
  • Dyson
  • Electrolux
  • Techtronic Industries

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About Technavio

Technavio
is a leading global technology research and advisory company. The
company develops over 2000 pieces of research every year, covering more
than 500 technologies across 80 countries. Technavio has about 300
analysts globally who specialize in customized consulting and business
research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
markets. Analysts obtain information using a combination of bottom-up
and top-down approaches, besides using in-house market modeling tools
and proprietary databases. They corroborate this data with the data
obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
resellers, and end-users.

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