The
global household vacuum cleaners market is expected to grow at a CAGR
of 4.9% from 2012 to 2018. The market’s value by the end of this
forecast period will be US$14.60 billion. Transparency Market
Research has published a research report about this market, titled
“Household
Vacuum Cleaners Market - Global Industry Analysis, Size, Share And
Forecasts 2012 - 2018”. The report aims to offer a
clear picture of the global household vacuum cleaners market by
providing details on its key players, development in particular
segments, and geographical distribution.
Browse The Market Research Report of Household
Vacuum Cleaners Market :
According to the
report, the global household vacuum cleaners market is primarily
driven by increasing awareness amongst families about the benefits of
using vacuum cleaners in place of traditional brooms or other such
equipment. This holds true particularly in the Asia Pacific region,
which is primarily driving the market.
Other major reasons
for the market’s growth are listed as increasing disposable incomes
of families and developments in creating energy-efficient and
eco-friendly vacuum cleaners that can function well in smaller
apartments.
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More than 35% of the
2012 global household vacuum cleaners market was held by the canister
vacuum cleaner segment. This market share at the time was worth
US$4.21 billion.
The fastest growing
segment, however, is the robotic vacuum cleaners market, due to
improvements and innovations in features such as acoustic sensors,
automated mapping abilities, self-charging cleaners, and sweeping
brushes.
There is a
substantial push towards the creation of increasingly compact
household vacuum cleaners that are also eco-friendly. This need has
been created by increasing costs of electricity and government
regulations that are aimed to reduce the noise made by vacuum
cleaners.
The report describes
the geographical segmentation of the global household vacuum cleaners
market, which shows the Asia Pacific region as the largest regional
segment. The Asia Pacific region held nearly 30.5% of the 2012 global
household vacuum cleaners market.
Browse Press
Release of Household
Vacuum Cleaners Market :
Emerging nations
such as Brazil, China, and India are beginning to reap the benefits
of increasing disposable incomes. This has also boosted sales in the
global household vacuum cleaners market. The market’s growth in
these countries is expected to be par excellence throughout the
report’s forecast period.
The global household
vacuum cleaners market is a highly fragmented one. Most of the top
global players are currently looking to expand their market in
developing regions. They are targeting countries from the regions of
Asia Pacific, Latin America, and the Middle East.
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Dyson leads the
global household vacuum cleaners market in the segment of vacuum
cleaners that cost more than US$200. Robotic vacuum cleaners are
getting increasing preference in households in developed countries
due to their utility in today’s busy lifestyle.
Many households are
currently attempting to switch their old vacuum cleaners with new
models that are eco-friendly, consume less power, and make less
noise.
The key players in
the global household vacuum cleaners market as listed and discussed
in the report include TTI Floor Care, Bissell, Miele, and iRobot.
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Research (TMR) is a global market intelligence company providing
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blend of quantitative forecasting and trend analysis provides
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and analyze information.
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experts so that it always reflects the latest trends and information.
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