Global Canister Vacuum Cleaner Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 11,729.30 Million |
Market Size (Forecast Year) |
USD 23,543.45 Million |
CAGR |
|
Major Markets Players |
Global Canister Vacuum Cleaner Market, By Type (Wet-Dry Canister Vacuum, Dry Canister Vacuum), Mode of Operation (Electric, Pneumatic), System Type (Portable, Stationary), Distribution Channel (Online, Offline), Application (Medium Duty, Heavy Duty, Explosion Proof), End-Use (Industrial, Commercial) – Industry Trends and Forecast to 2029.
Canister Vacuum Cleaner Market Analysis and Size
The growing popularity of the product across emerging economies are the essential factors for the growth of the canister vacuum cleaner market over the forecasted period of 2022-2029. Moreover, advancements in cleaning equipment and devices, along with the growing trends of online retailing, are expected to generate significant growth opportunities for the market over the forecasted period.
Global canister vacuum cleaner market was valued at USD 11,729.30 million in 2021 and is expected to reach USD 23543.45 million by 2029, registering a CAGR of 9.10% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Canister Vacuum Cleaner Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered |
Type (Wet-Dry Canister Vacuum, Dry Canister Vacuum), Mode of Operation (Electric, Pneumatic), System Type (Portable, Stationary), Distribution Channel (Online, Offline), Application (Medium Duty, Heavy Duty, Explosion Proof), End-Use (Industrial, Commercial) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered |
LG Electronics. (South Korea), Candy Hoover Group S.r.l. (Italy), Miele India Private Limited (U.S.), SAMSUNG (South Korea), BISSELL (U.S.), Panasonic Life Solutions India Pvt. Ltd. (Japan), pure-systems GmbH (Germany), iRobot Corporation. (India), Koninklijke Philips N.V. (Netherlands), BLACK+DECKER (U.S.), Electrolux (Sweden), Eureka Forbes. (India), BSH Hausgeräte GmbH (Germany), TTI, Inc. (U.S.), Dyson (Singapore), Techtronic Industries Co. Ltd. (Hong Kong) |
Market Opportunities |
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Market Definition
A canister vacuum cleaner are the vacuum cleaners generally fitted with wheels and a bag is placed besides the fan. It can clean variety of surfaces and have small maneuvering cleaning heads and are used for cleaning flexible areas. The canister vacuum cleaner has huge benefits, such as flexible hoses, cleaning heads, longer cleaning wands, lighter weight with better suction and flow rates which help to deliver faster cleaning solutions.
Global Canister Vacuum Cleaner Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Growing advancements in the cleaning equipments
The growing advancements in the cleaning equipment and the devices is the primary factor driving the growth of the market. The canister vacuum cleaners can clean variety of surfaces and have small maneuvering cleaning heads and are used for cleaning flexible areas. The canister vacuum cleaner has huge benefits such as flexible hoses, cleaning heads, longer cleaning wands, and lighter weight with better suction and flow rates. All these factors help deliver faster cleaning solutions and are thus, driving the growth of the market.
- Rising disposable incomes and awareness
The rising awareness regarding the canister vacuum cleaners and their benefits across the world and in the household and commercial sectors, rising disposable incomes and population across various growing economies and rapid industrialization and urbanization are the main factors driving the growth of the canister vacuum cleaners market over the forecasted period. Additionally, certain government initiatives and regulations regarding clean environment are also driving the market's growth.
Opportunities
- Growing demands for the canister vacuums
The growing demands for the canister vacuums in the restaurants, hospitals, households and various other end-users are generating lucrative growth opportunities for the market over the forecasted period. Moreover, the advancements and advantages of the product such as flexible hoses, cleaning heads, longer cleaning wands, lighter in weight with better suction rates and flow rates are also the factors delivering faster cleaning solutions across the globe. Rising awareness regarding the canister vacuum cleaners and their benefits will also offer numerous growth opportunities within the canister vacuum cleaner market.
Restraints/Challenges
The increasing consumption of energy along with low product durability are the factors that are projected to challenge the canister vacuum cleaner market over the forecast period.
This canister vacuum cleaner market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the canister vacuum cleaner market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Canister Vacuum Cleaner Market Scope
The canister vacuum cleaner market is segmented on the basis of type, mode of operation, system type, distribution channel, application and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Wet-Dry Canister Vacuum
- Dry Canister Vacuum
Mode of Operation
- Electric
- Pneumatic
System Type
- Portable
- Stationary
Distribution Channel
- Online
- Offline
Application
- Medium Duty
- Heavy Duty
- Explosion Proof
End-Use
- Industrial
- Commercial
Canister Vacuum Cleaner Market Regional Analysis/Insights
The canister vacuum cleaner market is analyzed and market size insights and trends are provided by type, mode of operation, system type, distribution channel, application and end-use as referenced above.
The countries covered in the canister vacuum cleaner market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the canister vacuum cleaner market because of the growing number of population along with the increasing technological advancements and rapid urbanization within the region.
North America is expected to witness significant growth during the forecasted period of 2022 to 2029 due to rising household applications and adopting eco-friendly practices to comply with environmental rules and regulations within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Canister Vacuum Cleaner Market Share Analysis
The canister vacuum cleaner market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to canister vacuum cleaner market.
Some of the major players operating in the canister vacuum cleaner market are
- LG Electronics. (South Korea)
- Candy Hoover Group S.r.l. (Italy)
- Miele India Private Limited (U.S.)
- SAMSUNG (South Korea)
- BISSELL (U.S.)
- Panasonic Life Solutions India Pvt. Ltd. (Japan)
- pure-systems GmbH (Germany)
- iRobot Corporation. (India)
- Koninklijke Philips N.V. (Netherlands)
- BLACK+DECKER (U.S.)
- Electrolux (Sweden)
- Eureka Forbes. (India)
- BSH Hausgeräte GmbH (Germany)
- TTI, Inc. (U.S.)
- Dyson (Singapore)
- Techtronic Industries Co. Ltd. (Hong Kong)
SKU-
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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