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Electric Mop Market Share

Report ID: GMI4856
Published Date: Nov 2020
Report Format: PDF

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Electric Mop Market Share

The major participants in the electric mop market are aiming towards the expansion of their presence by introducing new equipment. Since there is considerable untapped growth potential in this space, industry leaders are poised to invest in R&D for targeted product development.

Key market players operating in the industry include

Myelicto
SharkNinja Operating LLC
Gladwell
HAAN Corporation
Homitt
TTK Prestige Limited
Procter & Gamble
Xiaomi, Stanley Black & Decker, Inc.
Eureka Forbes
Guangdong Kingbest Electric Co.,Ltd
Alfred Kärcher SE & Co. KG
SALAV USA
Light 'N' Easy
Ningbo Sason Electronic Science & Technology Co.,Ltd
O-Cedar
Comfyer

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

In 2019, electric mop industry size was USD 170 million, and it is expected to register 6% CAGR through 2026, with targeted industry shipments of 2 million units.

Since spray mops are low-maintenance and easy to operate, the segment held USD 110 million in 2019, and is likely to increase by 2026, pushing the global industry share.

The cordless electric mop industry size may record 8% growth rate through 2026, driven by increasing mobility and convenience of usage.

The residential application segment was worth USD 120 million in 2019 and will depict considerable progress, powered by the rising development smart cities.

North America electric mop market size, in 2019, was over USD 60 million, and it may register 6% CAGR through 2026, driven by increasing disposable income levels in Canada and the U.S.