The global market for Electric Mop is estimated at US$680.1 Million in 2023 and is projected to reach US$956.0 Million by 2030, growing at a CAGR of 5.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the electric mop market is driven by several factors, including technological advancements that have led to improvements in battery life and motor efficiency, allowing for longer cleaning sessions and more thorough cleaning power. Innovations such as cordless models enhance user convenience by eliminating the need to deal with tangled cords, making it easier to move around large spaces or multi-story homes. Consumer behavior also significantly impacts market growth, with an increasing preference for smart home devices. Many electric mops now feature integration with home automation systems, controllable via smartphone apps, which attract tech-savvy consumers looking for connectivity and ease of use in their cleaning appliances. The rise in urban living and smaller living spaces has also propelled the demand for compact, easy-to-store cleaning tools, further boosting the electric mop market. Lastly, the expansion of online retail has made these products more accessible to consumers, expanding the potential customer base and facilitating rapid growth in this sector.
The growth in the electric mop market is driven by several factors, including technological advancements that have led to improvements in battery life and motor efficiency, allowing for longer cleaning sessions and more thorough cleaning power. Innovations such as cordless models enhance user convenience by eliminating the need to deal with tangled cords, making it easier to move around large spaces or multi-story homes. Consumer behavior also significantly impacts market growth, with an increasing preference for smart home devices. Many electric mops now feature integration with home automation systems, controllable via smartphone apps, which attract tech-savvy consumers looking for connectivity and ease of use in their cleaning appliances. The rise in urban living and smaller living spaces has also propelled the demand for compact, easy-to-store cleaning tools, further boosting the electric mop market. Lastly, the expansion of online retail has made these products more accessible to consumers, expanding the potential customer base and facilitating rapid growth in this sector.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Corded Electric Mop segment, which is expected to reach US$597.4 Million by 2030 with a CAGR of a 4.6%. The Cordless Electric Mop segment is also set to grow at 5.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $185.3 Million in 2023, and China, forecasted to grow at an impressive 8.1% CAGR to reach $196.7 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Electric Mop Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Electric Mop Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Electric Mop Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Alfred Kärcher SE & Co. KG, Bissell International Trading Company B.V., bObsweep, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 42 Featured):
- Alfred Kärcher SE & Co. KG
- Bissell International Trading Company B.V.
- bObsweep
- ECOVACS Robotics
- Eureka Forbes Limited
- iRobot Corporation
- Joicom Corporation (iDOO)
- LG Electronics, Inc.
- Mamibot Manufacturing USA Inc.
- Procter & Gamble Company
- Proscenic
- SALAV USA
- Samsung Electronics Co., Ltd.
- SharkNinja Singapore Pte. Ltd.
- Shinil Industrial Co., Ltd.
- Stanley Black & Decker, Inc.;
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Alfred Kärcher SE & Co. KG
- Bissell International Trading Company B.V.
- bObsweep
- ECOVACS Robotics
- Eureka Forbes Limited
- iRobot Corporation
- Joicom Corporation (iDOO)
- LG Electronics, Inc.
- Mamibot Manufacturing USA Inc.
- Procter & Gamble Company
- Proscenic
- SALAV USA
- Samsung Electronics Co., Ltd.
- SharkNinja Singapore Pte. Ltd.
- Shinil Industrial Co., Ltd.
- Stanley Black & Decker, Inc.;
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 273 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 680.1 Million |
Forecasted Market Value ( USD | $ 956 Million |
Compound Annual Growth Rate | 5.0% |
Regions Covered | Global |
No. of Companies Mentioned | 16 |