Vacuum Cleaner Market Share & Global Industry Forecast Report, 2021-2028

Global Vacuum Cleaner Market

The Vacuum Cleaner Market is expected to witness a growth of 9.6% over the forecast period. This is because of the ongoing technological advancements, changing lifestyles, and acceleration in the working population.

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Vacuum Cleaner Market Dynamics

The growth in the global vacuum cleaner market is attributed to the accelerating population rate and increasing awareness among individuals for the usage of vacuum cleaners. Also, the altering lifestyle of individuals has strengthened the market growth. The introduction of robotic vacuum cleaners to clean an area with human interference will also stimulate market growth. Other factors, such as the user-friendly feature of a vacuum cleaner and the increasing expendable income, have bolstered the market growth. Moreover, as per the vacuum cleaner market analysis, the introduction of the latest technology-based automated vacuum cleaners for commercial and household uses by the key market players is anticipated to propel the market growth. For example, in 2021, INALA introduced a robotic vacuum cleaner in India via Flipkart. Additionally, with the widespread COVID-19 pandemic in 2020, Brain Corp. collaborated with AT&T Mobility LLC to discover IoT applications in their mechanized cleaning mobile robots. However, the huge production cost of intelligent and sophisticated technology cleaner in the market is likely to hinder the market growth.

Power Source Segment Drivers

Based on the power source, the electric segment is anticipated to witness a higher rate over the coming years. This is because of the aggravating demand across the residential objectives. Moreover, the electric vacuum cleaner is user-friendly, conserves energy, eliminates allergies from breathing air, and discharges dust particles.

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