Canister Vacuum Cleaner Adoption By Households Is Expected To Drive Growth In The Global Market
Global Canister Vacuum Cleaner Market |
The
canister vacuum cleaner market in the world is made up of vacuums that have a
hose that attaches to the cleaning head and a canister unit that is typically
moved along. Compared to upright vacuums, canister cleaners have stronger
suction and are more effective at cleaning floors, carpets, and
difficult-to-reach places such under furniture. Globally, the middle class is
growing, which is driving up demand for high-end household cleaners like
canister vacuums. agility and strong cleaning capabilities. The high adoption of canister vacuums among households is attributed
to their compact design, lightweight canisters for easy maneuverability and
powerful cleaning performance.
The Global Canister Vacuum Cleaner Market is estimated
to be valued at US$ 3.46 BN in 2024
and is expected to exhibit a CAGR of
9.6% over the forecast period 2024
To 2031.
Key Takeaways
Key players operating in the Global Canister Vacuum Cleaner
Market Growth are Kärcher North America, Inalsa,
Delfinvacuums, Miele, Shark, Samsung, Dyson, Electrolux, LG Electronics.,
Hoover, Kenmore, Eureka, BISSELL, Panasonic, Hitachi, Makita, AEG, Nilfisk.
Global players like Dyson and Miele dominate the premium canister vacuum
cleaner segment given their focus on suction power, filtration and product
design. Emerging markets in Asia Pacific and Latin America present lucrative
opportunities for players owing to growing disposable incomes and rising home
automation adoption. Major players are expanding their geographic footprint
through strategic partnerships and acquisitions to cater to the growing global
demand.
The key opportunities in the global canister vacuum cleaner market include
rising demand for cordless/battery-powered vacuums as they offer convenience
and portability. The integration of smart connectivity features through Wi-Fi or
Bluetooth enables vacuums to be controlled using smart devices. Voice command
technologies are also being incorporated for easy usage. Growing popularity of
multifunctional vacuums that offer dry as well as wet cleaning capacities is
opening new growth prospects.
Major players are actively expanding their geographic presence through
strategic partnerships, setting up manufacturing units and enhancing
distribution networks to capture untapped markets globally. Dyson expanded its
production to Malaysia, Philippines and Singapore. Miele partnered with dealers
in international markets like China, Australia and India. Electrolux has a
strong global footprint spanning more than 150 countries.
Market Drivers
Increasing spending power of the expanding global middle-class population
is driving demand for premium home cleaning appliances like canister vacuums.
Continuous product innovation in terms of suction power, bagless technology,
filtration, agility and smart functionalities is positively impacting adoption.
The benefits of powerful cleaning, compact design and ease of maneuverability
associated with canister vacuums are encouraging their preference over other
types of vacuums.
Market Restraints
The higher initial cost of canister vacuums compared to upright vacuums
could limit their mass adoption in price sensitive markets. Also, regular
emptying and cleaning of filters associated with bagless and filtration
technology based vacuums is inconvenient for some users. Maintaining and repair
costs of premium models tend to be high which is a key challenge.
Segment Analysis
Canister vacuum cleaners segment is dominating in the global canister vacuum
cleaner market. Canister vacuums are better suited than upright vacuums for
hard floors as their wide nozzle allows even pickup of large and small dirt
particles. The canister design makes it easy to move around furniture and
access tight spaces. It also offers more room for attachments and functionality
as the motor and bag/canister are separate from the nozzle head. Cordless and
robotic canister vacuums are witnessing higher demand as they provide
convenience of cord free cleaning.
Global Analysis
The North America region dominates the global canister vacuum cleaner
market currently due to high disposable incomes and greater spending on
appliances that offer enhanced convenience. The growing real estate sector in
countries like USA and Canada is also prompting homeowners to invest in
cleaning appliances of high quality for maintainance of their properties. Asia
Pacific region is anticipated to witness fastest growth during the forecast
period owing to rapidly growing middle class population in countries like China
and India. Rising standards of living and shifting preferences towards products
that save time and effort will drive sales of cordless and robotic canister
vacuum cleaners in Asia Pacific region in the coming years.
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