The Latin America, Middle East and Africa Vacuum Cleaner Market would witness market growth of 13.1% CAGR during the forecast period (2022-2028).
Vacuum cleaners are available in many models, including portable devices, central vacuum cleaners, battery-powered vacuum cleaners, and many others. Improved infrastructure and the increase in demand for automated and time-saving cleaning solutions are primary drivers for vacuum cleaners. The rise in urbanization, along with increasing standards of living in many developing nations, contributes to the increasing demand for vacuum cleaners.
In addition, the need for energy-efficient vacuum cleaners is expected to rise with the growth of the tech-savvy population and the development of traditional vacuum cleaners. Supermarkets, hypermarkets, retail storefronts, and door-to-door selling are all examples of offline points of sale. With the steady rate of growth, major retailers are expected to remain the most popular place to shop during the projected period.
Before making any purchases, consumers continue to look for in-depth product knowledge, particularly for home appliances. Therefore, by providing something more than what the customer is anticipating, businesses can improve the customer experience. Additionally, the practical advantages of the offline mode of sales channel, like product experience, basic trust in the shop, and product expertise delivered by salespeople, have supported the rise of sales.
The working-age population in Latin America is expected to grow. These young urban workers are essential for building wealth and improving the living standards of the region. In Latin America, demand is rising for household equipment like refrigerators, vacuum cleaners, washing machines, and air conditioners. The forces driving this demand are an expanding middle class with increasing purchasing power and a young population that is increasingly urbanizing and eager for both these essential appliances and premium, smart, & high-value-added items. Additionally, two of the biggest producers in the home appliance sector are based in Brazil. Therefore, the growing demand for vacuum cleaners due to growing urbanization and household appliances demand is propelling the growth of the regional market.
The Brazil market dominated the LAMEA Vacuum Cleaner Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $342.5 million by 2028.The Argentina market is experiencing a CAGR of 13.7% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 12.8% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Online and Offline. Based on Application, the market is segmented into Residential, Industrial and Commercial. Based on Industrial Type, the market is segmented into Manufacturing, Food & Beverages, Construction, Pharmaceuticals and Others. Based on Commercial Type, the market is segmented into Hospital, Hospitality, Retail Stores, Shopping Malls and Others. Based on Product, the market is segmented into Canister, Robotic, Drum, Wet & Dry, Upright, Central and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Alfred Karcher SE & Co. KG, Dyson Limited, Ecovacs Robotics Co., Ltd., Emerson Electric Co., Haier Group Corporation, iRobot Corporation (Amazon.com, Inc.), Neato Robotics, Inc. (Vorwerk & Co. KG), Nilfisk Holding A/S, Panasonic Holdings Corporation, and BISSELL, Inc.
Vacuum cleaners are available in many models, including portable devices, central vacuum cleaners, battery-powered vacuum cleaners, and many others. Improved infrastructure and the increase in demand for automated and time-saving cleaning solutions are primary drivers for vacuum cleaners. The rise in urbanization, along with increasing standards of living in many developing nations, contributes to the increasing demand for vacuum cleaners.
In addition, the need for energy-efficient vacuum cleaners is expected to rise with the growth of the tech-savvy population and the development of traditional vacuum cleaners. Supermarkets, hypermarkets, retail storefronts, and door-to-door selling are all examples of offline points of sale. With the steady rate of growth, major retailers are expected to remain the most popular place to shop during the projected period.
Before making any purchases, consumers continue to look for in-depth product knowledge, particularly for home appliances. Therefore, by providing something more than what the customer is anticipating, businesses can improve the customer experience. Additionally, the practical advantages of the offline mode of sales channel, like product experience, basic trust in the shop, and product expertise delivered by salespeople, have supported the rise of sales.
The working-age population in Latin America is expected to grow. These young urban workers are essential for building wealth and improving the living standards of the region. In Latin America, demand is rising for household equipment like refrigerators, vacuum cleaners, washing machines, and air conditioners. The forces driving this demand are an expanding middle class with increasing purchasing power and a young population that is increasingly urbanizing and eager for both these essential appliances and premium, smart, & high-value-added items. Additionally, two of the biggest producers in the home appliance sector are based in Brazil. Therefore, the growing demand for vacuum cleaners due to growing urbanization and household appliances demand is propelling the growth of the regional market.
The Brazil market dominated the LAMEA Vacuum Cleaner Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $342.5 million by 2028.The Argentina market is experiencing a CAGR of 13.7% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 12.8% during (2022 - 2028).
Based on Distribution Channel, the market is segmented into Online and Offline. Based on Application, the market is segmented into Residential, Industrial and Commercial. Based on Industrial Type, the market is segmented into Manufacturing, Food & Beverages, Construction, Pharmaceuticals and Others. Based on Commercial Type, the market is segmented into Hospital, Hospitality, Retail Stores, Shopping Malls and Others. Based on Product, the market is segmented into Canister, Robotic, Drum, Wet & Dry, Upright, Central and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Alfred Karcher SE & Co. KG, Dyson Limited, Ecovacs Robotics Co., Ltd., Emerson Electric Co., Haier Group Corporation, iRobot Corporation (Amazon.com, Inc.), Neato Robotics, Inc. (Vorwerk & Co. KG), Nilfisk Holding A/S, Panasonic Holdings Corporation, and BISSELL, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Distribution Channel
- Online
- Offline
By Application
- Residential
- Industrial
- Manufacturing
- Food & Beverages
- Construction
- Pharmaceuticals
- Others
- Commercial
- Hospital
- Hospitality
- Retail Stores
- Shopping Malls
- Others
By Product
- Canister
- Robotic
- Drum
- Wet & Dry
- Upright
- Central
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Alfred Karcher SE & Co. KG
- Dyson Limited
- Ecovacs Robotics Co., Ltd
- Emerson Electric Co
- Haier Group Corporation
- iRobot Corporation (Amazon.com, Inc.)
- Neato Robotics, Inc. (Vorwerk & Co. KG)
- Nilfisk Holding A/S
- Panasonic Holdings Corporation
- BISSELL, Inc
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Vacuum Cleaner Market, by Distribution Channel
1.4.2 LAMEA Vacuum Cleaner Market, by Application
1.4.3 LAMEA Vacuum Cleaner Market, by Product
1.4.4 LAMEA Vacuum Cleaner Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2020, Feb - 2022, Oct) Leading Players
Chapter 4. LAMEA Vacuum Cleaner Market by Distribution Channel
4.1 LAMEA Online Market by Country
4.2 LAMEA Offline Market by Country
Chapter 5. LAMEA Vacuum Cleaner Market by Application
5.1 LAMEA Residential Market by Country
5.2 LAMEA Industrial Market by Country
5.3 LAMEA Vacuum Cleaner Market by Industrial Type
5.3.1 LAMEA Manufacturing Market by Country
5.3.2 LAMEA Food & Beverages Market by Country
5.3.3 LAMEA Construction Market by Country
5.3.4 LAMEA Pharmaceuticals Market by Country
5.3.5 LAMEA Others Market by Country
5.4 LAMEA Commercial Market by Country
5.5 LAMEA Vacuum Cleaner Market by Commercial Type
5.5.1 LAMEA Hospital Market by Country
5.5.2 LAMEA Hospitality Market by Country
5.5.3 LAMEA Retail Stores Market by Country
5.5.4 LAMEA Shopping Malls Market by Country
5.5.5 LAMEA Others Market by Country
Chapter 6. LAMEA Vacuum Cleaner Market by Product
6.1 LAMEA Canister Market by Country
6.2 LAMEA Robotic Market by Country
6.3 LAMEA Drum Market by Country
6.4 LAMEA Wet & Dry Market by Country
6.5 LAMEA Upright Market by Country
6.6 LAMEA Central Market by Country
6.7 LAMEA Others Market by Country
Chapter 7. LAMEA Vacuum Cleaner Market by Country
7.1 Brazil Vacuum Cleaner Market
7.1.1 Brazil Vacuum Cleaner Market by Distribution Channel
7.1.2 Brazil Vacuum Cleaner Market by Application
7.1.2.1 Brazil Vacuum Cleaner Market by Industrial Type
7.1.2.2 Brazil Vacuum Cleaner Market by Commercial Type
7.1.3 Brazil Vacuum Cleaner Market by Product
7.2 Argentina Vacuum Cleaner Market
7.2.1 Argentina Vacuum Cleaner Market by Distribution Channel
7.2.2 Argentina Vacuum Cleaner Market by Application
7.2.2.1 Argentina Vacuum Cleaner Market by Industrial Type
7.2.2.2 Argentina Vacuum Cleaner Market by Commercial Type
7.2.3 Argentina Vacuum Cleaner Market by Product
7.3 UAE Vacuum Cleaner Market
7.3.1 UAE Vacuum Cleaner Market by Distribution Channel
7.3.2 UAE Vacuum Cleaner Market by Application
7.3.2.1 UAE Vacuum Cleaner Market by Industrial Type
7.3.2.2 UAE Vacuum Cleaner Market by Commercial Type
7.3.3 UAE Vacuum Cleaner Market by Product
7.4 Saudi Arabia Vacuum Cleaner Market
7.4.1 Saudi Arabia Vacuum Cleaner Market by Distribution Channel
7.4.2 Saudi Arabia Vacuum Cleaner Market by Application
7.4.2.1 Saudi Arabia Vacuum Cleaner Market by Industrial Type
7.4.2.2 Saudi Arabia Vacuum Cleaner Market by Commercial Type
7.4.3 Saudi Arabia Vacuum Cleaner Market by Product
7.5 South Africa Vacuum Cleaner Market
7.5.1 South Africa Vacuum Cleaner Market by Distribution Channel
7.5.2 South Africa Vacuum Cleaner Market by Application
7.5.2.1 South Africa Vacuum Cleaner Market by Industrial Type
7.5.2.2 South Africa Vacuum Cleaner Market by Commercial Type
7.5.3 South Africa Vacuum Cleaner Market by Product
7.6 Nigeria Vacuum Cleaner Market
7.6.1 Nigeria Vacuum Cleaner Market by Distribution Channel
7.6.2 Nigeria Vacuum Cleaner Market by Application
7.6.2.1 Nigeria Vacuum Cleaner Market by Industrial Type
7.6.2.2 Nigeria Vacuum Cleaner Market by Commercial Type
7.6.3 Nigeria Vacuum Cleaner Market by Product
7.7 Rest of LAMEA Vacuum Cleaner Market
7.7.1 Rest of LAMEA Vacuum Cleaner Market by Distribution Channel
7.7.2 Rest of LAMEA Vacuum Cleaner Market by Application
7.7.2.1 Rest of LAMEA Vacuum Cleaner Market by Industrial Type
7.7.2.2 Rest of LAMEA Vacuum Cleaner Market by Commercial Type
7.7.3 Rest of LAMEA Vacuum Cleaner Market by Product
Chapter 8. Company Profiles
8.1 Panasonic Holdings Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 SWOT Analysis
8.1.6 Recent strategies and developments:
8.1.6.1 Product Launches and Product Expansions:
8.2 Haier Smart Home Co., Ltd. (Haier Group Corporation)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.3 Neato Robotics, Inc. (Vorwerk & Co. KG)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Recent strategies and developments:
8.3.4.1 Product Launches and Product Expansions:
8.4 iRobot Corporation (Amazon.com, Inc.)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.5 Emerson Electric Co.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.6 Nilfisk Holding A/S
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Regional Analysis
8.6.4 Research & Development Expenses
8.7 Alfred Karcher SE & Co. KG
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Partnerships, Collaborations, and Agreements:
8.7.2.2 Product Launches and Product Expansions:
8.7.2.3 Geographical Expansions:
8.8 Ecovacs Robotics Co., Ltd.
8.8.1 Company overview
8.8.2 Recent strategies and developments:
8.8.2.1 Product Launches and Product Expansions:
8.9 Dyson Limited
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Product Launches and Product Expansions:
8.10. BISSELL, Inc.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Acquisition and Mergers:
Companies Mentioned
- Alfred Karcher SE & Co. KG
- Dyson Limited
- Ecovacs Robotics Co., Ltd.
- Emerson Electric Co.
- Haier Group Corporation
- iRobot Corporation (Amazon.com, Inc.)
- Neato Robotics, Inc. (Vorwerk & Co. KG)
- Nilfisk Holding A/S
- Panasonic Holdings Corporation
- BISSELL, Inc.
Methodology
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