Global Vacuum Cleaner Market Report and Forecast 2024-2032

Global Vacuum Cleaner Market Outlook

The global vacuum cleaner market size attained a value of USD 29.09 billion in 2023. The market is further expected to grow at a CAGR of 5.40% between 2024 and 2032, to reach a value of USD 46.28 billion by 2032.

Key Trends in the Market

Vacuum cleaner refers to a household electrical apparatus which is used to clean areas such as kitchens, floors, bathroom tiles, carpets, and upholstery, among others. This device consists of an electric motor which sucks air or liquid, allowing it to go from the other side, so that the dirt, dust, liquid can be collected in a bag.

• The rising hygienic consciousness, increasing prevalence of bacterial and viral infections, increasing standards of living, and rapid urbanisation across emerging economies, are driving the vacuum cleaner market growth.

• Vacuum cleaner market research also suggests that the technological innovations being carried out by the major market players, aimed towards producing vacuum cleaners with higher capacities, lower weights, ergonomic accessories, and advanced internet enabled features, are likely to revolutionise the market in the coming years. Companies such as LG and Samsung hold a decent portion of the vacuum cleaner market share by brand.

• Increasing adoption of vacuum cleaners in hotels, restaurants, hospitals, clinics, residential areas, museums, and monuments, among other commercial and residential spaces, infused by increasing bacterial load, is further fuelling the sale of vacuum cleaners.

• Vacuum cleaners are rapidly being a part of smart homes across urban areas, equipped with mobile applications which enable the users to operate vacuum cleaners according to their convenience.

• Region wise, the North America holds a healthy share of the market, driven by the expanded by U.S. vacuum cleaner market size. Meanwhile, the market in Europe is likely to witness a steady growth in the forecast period, in which vacuum cleaner market share UK is anticipated to account for a large portion.

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Market Analysis

Based on product, the market is segmented into canister, central, drum, robotic, upright, and wet and dry, among others. The vacuum cleaner market segmentation, on the basis of distribution channel, is classified into offline stores and online stores. By application, the market is segmented into industrial, residential, and commercial. The regional markets for vacuum cleaners are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global vacuum cleaner market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

• LG Electronics Inc.

• Haier Inc.

• Miele & Cie. KG

• Samsung Electronics Co., Ltd

• BISSELL Homecare, Inc.

• Panasonic Corporation

• iRobot Corporation

• Koninklijke Philips N.V

• Eureka Forbes Ltd

• SharkNinja Operating LLC

• Ecovacs Robotics, Inc.

• Beijing Roborock Technology Co., Ltd

• Others

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Market Share by Product

According to the vacuum cleaner market analysis, the canister segment, based on product, accounts for a healthy portion of the vacuum cleaner market share. Canister vacuum cleaners come with flexible hoses and long cleaning wands which enable users to remove dirt in hard-to-reach spaces. Wheels of canister vacuum cleaners provide improved mobility and are lightweight which brings greater convenience to users. In addition, canister vacuum cleaners possess an excellent suction and flow rate, are quieter than counterparts, comes with special tool kits, and can support large-sized filters. Over the forecast period, the anticipated increase in demand for dry canister vacuums in hotel rooms, offices, and various commercial spaces, is expected to contribute to the expansion of vacuum cleaner market size.

Market Share by Application

Based on application, the commercial segment accounts for a significant share in the vacuum cleaner market. This can be attributed to the increasing demand for vacuum cleaners in the healthcare sector to protect patients, hospital staff, and visitors from contaminations. It is also necessary to safeguard drugs and medications in hospitals rooms from contaminants, which further increases the requirement of high-quality vacuum cleaners in hospitals. Increasing employment of professional cleaners, rising standards of hospitals, and increasing geriatric and paediatric hospitalisations are fuelling the sale of vacuum cleaners in hospitals, to enhance conform with the stringent safety standards.

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Competitive Landscape

LG Electronics Inc. is a leading electronics company, the product portfolio of which includes home appliances and air solutions, home entertainment solutions, vehicle component solutions, and business solutions, among others. It is a well-recognised innovator of televisions and audio systems. The company was founded in 1958 and is headquartered in Busan, South Korea.

Haier Inc. is a prominent home appliances and electronic products manufacturing company which provides digitally transformative solutions. The research and development centres, research institutes, industrial parks, manufacturing centres, and sales networks of this company are deployed across the globe. It was founded in 1984 and is headquartered in Qingdao, China.

Miele & Cie. KG is a leading household equipment manufacturing company which produces a range of products such as cream separators, butter churns, hobs, rangers, vacuum cleaners, washing machines, refrigerators, wingers, and baking equipment among others. It was founded in 1899 and is headquartered in Gutersloh, Germany.

Other market players include Samsung Electronics Co., Ltd, BISSELL Homecare, Inc., Panasonic Corporation, iRobot Corporation, Koninklijke Philips N.V, Eureka Forbes Ltd, SharkNinja Operating LLC, Ecovacs Robotics, Inc., and Beijing Roborock Technology Co., Ltd, among others.

Key Highlights of the Report