Cordless Vacuum Cleaner Trends and Forecast
The future of the global cordless vacuum cleaner market looks promising with opportunities in the household and commercial markets. The global cordless vacuum cleaner market is expected to reach an estimated $9.6 billion by 2030 with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are growing awareness of allergens and pollutants, increasing demand for quick and efficient cleaning solutions, and rising living standards and disposable income in many regions.Cordless Vacuum Cleaner by Segment
The study includes a forecast for the global cordless vacuum cleaner by product, category, distribution channel, end use, and region.Cordless Vacuum Cleaner Market by Product [Shipment Analysis by Value from 2018 to 2030]:
- Upright
- Canister
- Stick
- Handheld
- Others
Cordless Vacuum Cleaner Market by Category [Shipment Analysis by Value from 2018 to 2030]:
- Floor
- Window and Pool
- Others
Cordless Vacuum Cleaner Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
- Online
- Offline
Cordless Vacuum Cleaner Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Household
- Commercial
Cordless Vacuum Cleaner Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Cordless Vacuum Cleaner Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cordless vacuum cleaner companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base.Some of the cordless vacuum cleaner companies profiled in this report include:
- Dyson
- Bosch
- Einhell
- VacLife
- Vax
- Hoover
- Ultenic
- Grey Technology
- Tineco
- Dreame
Cordless Vacuum Cleaner Market Insights
The publisher forecasts that upright will remain the largest segment over the forecast period because their wide-body shape makes it easier to clean vast areas quickly.Within this market, household will remain larger segment due to expanding population and accelerating urbanization, along with widespread use of cordless vacuum cleaners in residential settings.
APAC is expected to witness the highest growth over the forecast period due to increasing demand convenience and technologically enhanced products, along with increase in the population living in cities and rising living standards in the region.
Features of the Global Cordless Vacuum Cleaner Market
- Market Size Estimates: Cordless vacuum cleaner market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Cordless vacuum cleaner market size by product, category, distribution channel, end use, and region in terms of value ($B).
- Regional Analysis: Cordless vacuum cleaner market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different product, category, distribution channel, end use, and regions for the cordless vacuum cleaner market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cordless vacuum cleaner market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the cordless vacuum cleaner market size?Answer: The global cordless vacuum cleaner market is expected to reach an estimated $9.6 billion by 2030.
Q2. What is the growth forecast for cordless vacuum cleaner market?
Answer: The global cordless vacuum cleaner market is expected to grow with a CAGR of 6.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the cordless vacuum cleaner market?
Answer: The major drivers for this market are growing awareness of allergens and pollutants, increasing demand for quick and efficient cleaning solutions, and rising living standards and disposable income in many regions.
Q4. What are the major segments for cordless vacuum cleaner market?
Answer: The future of the global cordless vacuum cleaner market looks promising with opportunities in the household and commercial markets.
Q5. Who are the key cordless vacuum cleaner market companies?
Answer: Some of the key cordless vacuum cleaner companies are as follows:
- Dyson
- Bosch
- Einhell
- VacLife
- Vax
- Hoover
- Ultenic
- Grey Technology
- Tineco
- Dreame
Answer: The publisher forecasts that upright will remain the largest segment over the forecast period because their wide-body shape makes it easier to clean vast areas quickly.
Q7. In cordless vacuum cleaner market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period due to increasing demand convenience and technologically enhanced products, along with increase in the population living in cities and rising living standards in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the cordless vacuum cleaner market by product (upright, canister, stick, handheld, and others), category (floor, window and pool, and others), distribution channel (online and offline), end use (household and commercial), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Global Cordless Vacuum Cleaner Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Dyson
- Bosch
- Einhell
- VacLife
- Vax
- Hoover
- Ultenic
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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