Global Vacuum Cleaner Market: Insights & Forecast with Potential Impact of COVID-19 (2020-2024)

July 2020 | 96 pages | ID: GC19FD2B0C34EN
Koncept Analytics

Abstracts

The global vacuum cleaner market is estimated to reach US$20.5 billion in 2024, growing at a CAGR of 6.06% for the period spanning from 2020 to 2024. The factors such as growing urban population, rising incidences of allergy related diseases, growing working women population, changing lifestyle and concerns about health and indoor air pollution are expected to drive the market. However, growth of the industry will be challenged by high cost associated with machinery and high power supply. A few notable trends include integration of AI technology, protection against hazardous dust and hygiene, growing trend of smart homes and new product launches.

The global vacuum cleaner market is segmented into canister, upright, robotics, central, drum and others. The global vacuum cleaner market is highly dominated by canister vacuum cleaners owing to its ease of use, high suction power, and convenience to store.

The global vacuum cleaner market is expected to grow in future due to growing urbanization, rising awareness regarding new vacuum cleaner technologies and rising concerns towards hygiene. In terms of geographical areas, North America and Europe are major contributors to the global vacuum cleaner market supported by growing consumer spending on smart home infrastructure development and rising concerns towards health and hygiene. Asia Pacific represents the fastest growing market for vacuum cleaner with huge demand for all types of vacuum cleaners.

Scope of the report:

• The report provides a comprehensive analysis of the global vacuum cleaner market, segmented into canister, upright, robotics, central, drum and others
• The major regional markets (North America, Europe and Asia Pacific) have been analyzed.
• The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
• The competitive landscape of the market, along with the company profiles of leading players (Electrolux AB, iRobot Corporation, Midea Group Co., Ltd., Panasonic Corporation, Koninklijke Philips N.V. And LG Electronics Inc.) are also presented in detail.

Key Target Audience:

• Vacuum Cleaner Manufacturers
• End Users
• Raw Material Providers
• Consulting Firms
• Investment Banks
• Government Bodies & Regulating Authorities

Contents

1. INTRODUCTION

1.1 Vacuum Cleaner
1.2 Working of Vacuum Cleaner
1.3 Components of Vacuum Cleaner
1.4 Types of Vacuum Cleaner

2. IMPACT OF COVID-19

2.1 Decline in Global GDP Growth
2.2 Rise in Unemployment
2.3 Decline in Global Trade
2.4 Decline in Industrial Production
2.5 Accelerating Global Poverty

3. GLOBAL MARKET ANALYSIS

3.1 Global Vacuum Cleaner Market by Value
3.2 Global Vacuum Cleaner Market Forecast by Value
3.3 Global Vacuum Cleaner Market by Product Type
  3.3.1 Global Canister Vacuum Cleaner Market by Value
  3.3.2 Global Canister Vacuum Cleaner Market Forecast by Value
  3.3.3 Global Robotics Vacuum Cleaner Market by Value
  3.3.4 Global Robotics Vacuum Cleaner MarketForecast by Value
  3.3.5 Global Central Vacuum Cleaner Market by Value
  3.3.6 Global Central Vacuum Cleaner Market Forecast by Value
  3.3.7 Global Drum Vacuum Cleaner Market by Value
  3.3.8 Global Drum Vacuum Cleaner Market Forecast by Value
  3.3.9 Global Upright Vacuum Cleaner Market by Value
  3.3.10 Global Upright Vacuum Cleaner Market Forecast by Value
3.4 Global Vacuum Cleaner Market by End Use
  3.4.1 Global Household Vacuum Cleaner Market by Value
  3.4.2 Global Household Vacuum Cleaner Market Forecast by Value
3.5 Global Vacuum Cleaner Market by Region

4. REGIONAL VACUUM CLEANER MARKET ANALYSIS

4.1 North America
  4.1.1 North America Vacuum Cleaner Market by Value
  4.1.2 North America Vacuum Cleaner Market Forecast by Value
4.2 Europe
  4.2.1 Europe Vacuum Cleaner Market by Value
  4.2.2 Europe Vacuum Cleaner Market Forecast by Value
4.3 Asia-Pacific
  4.3.1 Asia-Pacific Vacuum Cleaner Market by Value
  4.3.2 Asia Pacific Vacuum Cleaner Market Forecast by Value

5. MARKET DYNAMICS

5.1 Growth Drivers
  5.1.1 Growing Urban Population
  5.1.2 Rising Incidences of Allergy Related Diseases
  5.1.3 Growing Working Women Population
  5.1.4 Changing Lifestyle
  5.1.5 Concerns about Health and Indoor Air Pollution
5.2 Key Trends & Developments
  5.2.1 Growing Trend of Smart Homes
  5.2.2 Protection against Hazardous Dust and Hygiene
  5.2.3 New Product Launches
  5.2.4 Integration of AI technology
5.3 Challenges
  5.3.1 High Cost Associated with Machinery
  5.3.2 High Power Supply

6. COMPETITIVE LANDSCAPE

6.1 Global Market
  6.1.1 Key Players - Revenue Comparison
  6.1.2 Key Players - Market Cap Comparison

7. COMPANY PROFILES

7.1 Electrolux AB
  7.1.1 Business Overview
  7.1.2 Financial Overview
  7.1.3 Business Strategies
7.2 iRobot Corporation
  7.2.1 Business Overview
  7.2.2 Financial Overview
  7.2.3 Business Strategies
7.3 Midea Group Co., Ltd.
  7.3.1 Business Overview
  7.3.2 Financial Overview
  7.3.3 Business Strategies
7.4 Panasonic Corporation
  7.4.1 Business Overview
  7.4.2 Financial Overview
  7.4.3 Business Strategies
7.5 Koninklijke Philips N.V.
  7.5.1 Business Overview
  7.5.2 Financial Overview
  7.5.3 Business Strategies
7.6 LG Electronics Inc.
  7.6.1 Business Overview
  7.6.2 Financial Overview
  7.6.3 Business Strategies

List Of Figures

LIST OF FIGURES

Global GDP Growth Rate (2005-2020)
Unemployment Based on Income Groups (2020)
Global Merchandise Trade Values (2020)
Global Poverty Rate (2015-2020)
Global Vacuum Cleaner Market by Value (2015-2019)
Global Vacuum Cleaner Market Forecast by Value (2020-2024)
Global Vacuum Cleaner Market by Product Type (2019)
Global Canister Vacuum Cleaner Market by Value (2015-2019)
Global Canister Vacuum Cleaner Market Forecast by Value (2020-2024)
Global Robotics Vacuum Cleaner Market by Value (2015-2019)
Global Robotics Vacuum Cleaner Market Forecast by Value (2020-2024)
Global Central Vacuum Cleaner Market by Value (2015-2019)
Global Central Vacuum Cleaner Market Forecast by Value (2020-2024)
Global Drum Vacuum Cleaner Market by Value (2015-2019)
Global Drum Vacuum Cleaner Market Forecast by Value (2020-2024)
Global Upright Vacuum Cleaner Market by Value (2015-2019)
Global Upright Vacuum Cleaner Market Forecast by Value (2020-2024)
Global Vacuum Cleaner Market by End Use (2019)
Global Household Vacuum Cleaner Market by Value (2015-2019)
Global Household Vacuum Cleaner Market Forecast by Value (2020-2024)
Global Vacuum Cleaner Market Value by Region (2019)
North America Vacuum Cleaner Market by Value (2015-2019)
North America Vacuum Cleaner Market Forecast by Value (2020-2024)
Europe Vacuum Cleaner Market by Value (2015-2019)
Europe Vacuum Cleaner Market Forecast by Value (2020-2024)
Asia-Pacific Vacuum Cleaner Market by Value (2015-2019)
Asia Pacific Vacuum Cleaner Market Forecast by Value (2020-2024)
Global Urban Population (2015-2019)
Global Smart Homes Market (2015-2019)
Electrolux AB Net Sales by Business Segments (2019)
Electrolux AB Net Sales by Business Area (2019)
Electrolux AB Net Sales and Income (2015-2019)
iRobot Corporation Revenue by Geographic Areas (2019)
iRobot Corporation Revenue and Net Income (2015-2019)
Midea Group Revenue by Segment (2019)
Midea Group Revenue by Region (2019)
Midea Group Revenue and Net Profit (2015-2019)
Panasonic Corporation Sales by Segments (2020)
Panasonic Corporation Sales by Region (2020)
Panasonic Corporation Net Sales and Net Profit (2016-2020)
Philips Sales by Segments (2019)
Philips Sales by Region (2019)
Philips Sales and Net Income (2015-2019)
LG Electronics Inc. Sales by Segments (2019)
LG Electronics Inc. Sales and Profit (2015-2019)

List Of Tables

LIST OF TABLES

Industrial Production Index (2019-2020)
Key Players - Revenue Comparison (2019)
Key Players - Market Cap Comparison (2019)