Consumer and Retail

Household Vacuum Cleaners Market to Surge with CAGR Of 4.4% By 2028

Household vacuum cleaner is an electrical household appliance which is used to clean and remove debris from floors, upholstery, draperies, and other surfaces with the use of suction. The household vacuum cleaners are available in various sizes and shapes as well as in different type of models which includes upright, canister, handheld, and robotic, among others. Working professionals prefer vacuum cleaners over manual cleaning to save time and efforts. Rising demand for compact and convenient cleaning tools is a major trend contributing to the progress of the household vacuum cleaner market. Moreover, owing to their ergonomic form, these cleaners have better portability and convenience of use. Household vacuum cleaner variants with greater flexibility can be used to clean cars, pet hair, couches, and rugs. The lack of time available for performing household tasks, including cleaning and organizing, in both in-office and remote working models is bolstering the demand for vacuum cleaners in the residential sector. Further, the rising percentage of women in total workforce in developing countries has added to the demand for the household vacuum cleaners.

INCREASE IN THE WORKING POPULATION TO BOOST THE DEMAND FOR HOUSEHOLD VACUUM CLEANERS MARKET GLOBALLY

Asia Pacific held the largest revenue share of the global household vacuum cleaners market. The hectic work life schedule along with the long working hours has increased the demand for smart home appliances which will reduce manual effort of the households while doing the domestic chores. Along with this the shift in the consumer preference from traditional methods of cleaning to a modernized approach of cleaning is driving the growth of the household vacuum cleaner market in Asia Pacific. The increase in disposable income along with rapid urbanization in the region is driving the household vacuum cleaner market in Asia Pacific

The companies in this market have been continuously focusing on the development of high quality and innovative product offerings in order to stay competitive as well as to meet the growing demands of the population.

Some of the major key players operating in the global household vacuum cleaners market includes BISSELL; Electrolux; Koninklijke Philips N.V.; Stanley Black & Decker, Inc.; Haier Group; Dyson Limited; Eureka Forbes; Groupe SEB; Miele; and Oreck Corporation. The major players operating in the household vacuum cleaners market are focusing on strategies such as new product development and research in order to stay competitive and cater to a wider consumer base.

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