The Household Vacuum Cleaners Market is Predict to reach USD 28 Billion by 2031, at a CAGR of 6.4%

 Household Vacuum Cleaners Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Household Vacuum Cleaners Market size is expected to reach $28 billion by 2031, rising at a market growth of 6.4% CAGR during the forecast period. In the year 2023, the market attained a volume of 99,513.99 thousand units experiencing a growth of 13.9% (2020-2023).

Video marketing through platforms like YouTube provides a dynamic way to demonstrate the features and effectiveness of vacuum cleaners. These videos can showcase product innovations, user guides, and customer testimonials, which help build trust and authority in the brand. By engaging potential customers with useful and compelling content, manufacturers can influence purchasing decisions and enhance consumer perception of their products.

The Corded segment is registering a CAGR of 5.7 % during the forecast period. Corded cylinder vacuum cleaners are renowned for their consistent power supply, which ensures continuous and stable suction strength throughout the cleaning process. This reliability makes them exceptionally effective for deep cleaning tasks, particularly in households with pets or heavy foot traffic.

The Offline segment led the Global Household Vacuum Cleaners Market by Mode of Sales in 2023; thereby, achieving a market value of $17.9 billion by 2031. This dominance is largely due to the tangible shopping experience it offers, allowing consumers to physically interact with the product before purchasing. Consumers prefer to test vacuum cleaners firsthand to assess their feel, usability, and effectiveness.

The Cylinder Vacuum Cleaners segment is growing at a CAGR of 4.8 % during the forecast period. Cylinder vacuum cleaners are renowned for their powerful suction and adaptability, making them suitable for cleaning various surfaces and materials. These models typically come with a separate body and hose, making them light and maneuverable.

Full Report: https://www.kbvresearch.com/household-vacuum-cleaners-market/

The Asia Pacific region dominated the Global Household Vacuum Cleaners Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $10 billion by 2031. The North America region is anticipated to grow at a CAGR of 5.7% during (2024 - 2031). Additionally, The Europe region would witness a CAGR of 5.9% during (2024 - 2031).

List of Key Companies Profiled

• Panasonic Holdings Corporation
• AB Electrolux (Electrolux)
• LG Electronics, Inc. (LG Corporation)
• Samsung Electronics Co. Ltd
• Koninklijke Philips N.V.
• Miele & amp; Cie. KG
• Dyson Limited
• iRobot Corporation
• Haier Smart Home Co., Ltd. (Haier Group Corporation)
• BISSELL, Inc.

 Household Vacuum Cleaners Market Report Segmentation

By Type (Volume, Thousand Units, USD Billion, 2020-2031)

• Corded
• Cordless

By Mode of Sales (Volume, Thousand Units, USD Billion, 2020-2031)

• Offline
• Online

By Product (Volume, Thousand Units, USD Billion, 2020-2031)

• Cylinder Vacuum Cleaners
  • Corded
  • Cordless
• Upright Vacuum Cleaners
  • Corded
  • Cordless
• Handheld Vacuum Cleaners
  • Corded
  • Cordless
• Stick Vacuum Cleaners
  • Corded
  • Cordless
• Steam Vacuum Cleaners
  • Corded
  • Cordless
• Robotic Vacuum Cleaners
  • Cordless
• Others
  • Corded
• Cordless

By Geography (Volume, Thousand Units, USD Billion, 2020-2031)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Related Reports:

North America Household Vacuum Cleaners Market Size 2031

• August-2024
• 235 Pages

LAMEA Household Vacuum Cleaners Market Size & Share - 2031

• August-2024
• 278 Pages

Europe Household Vacuum Cleaners Market Size to 2031

• August-2024
• 279 Pages

Asia Pacific Household Vacuum Cleaners Market Size 2031

• August-2024
• 285 Pages