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Floor Cleaning Equipment Market Analysis

  • Report ID: GMI12031
  • Published Date: Oct 2024
  • Report Format: PDF

Floor Cleaning Equipment Market Analysis

Based on product type, the vacuums segment was worth over USD 43.5 billion in 2023 and is expected to grow at a CAGR of 11.8% during 2024 to 2032, due to increased demand in residential and commercial sectors, particularly in urbanized regions. These devices are valued for their convenience and effectiveness in deep-cleaning various floor types, including stone, wood, and rubber. Technological advancements have significantly enhanced vacuum cleaners' performance and efficiency, further propelling market growth.
 

Floor Cleaning Equipment Market Revenue Share, By Distribution Channel, (2023)

Based on Distribution channel, the offline channel dominated about 61.8% of the market share in 2023 and is expected to grow at a CAGR of 11.7% from 2024-2032. Consumer preference for offline stores over online shopping is growing, driven by the desire to test products before purchase. This trend is prominent in the floor cleaning equipment market, where customers can experience live demonstrations of items like vacuum cleaners. This hands-on approach significantly influences purchasing decisions, highlighting the continued importance of brick-and-mortar stores in the consumer decision-making process, especially for products that benefit from physical interaction.
 

North America Floor Cleaning Equipment Market Size, 2021 - 2032 (USD Billion)

North America floor cleaning equipment market size surpassed USD 45.9 billion in 2023 and is expected to grow at a CAGR of 12% through 2032. The expansion of commercial and residential infrastructure in the region has significantly boosted the demand for floor cleaning equipment. Commercial building sectors increasingly rely on these efficient, time-saving machines to maintain large office spaces. Urbanization and changing lifestyles have led to greater adoption of both advanced and traditional cleaning equipment. Furthermore, the presence of key market players and their substantial investments in product development have accelerated market growth in the region.
 

Asia Pacific region dominated the 29.3% share of the floor cleaning equipment market in 2023, driven by its established manufacturing industry and expanding international trade relationships. The country's robust manufacturing capabilities enable key market players to develop and distribute advanced equipment both domestically and internationally. Additionally, the rising disposable income in China has led to an increase in consumer investment in high-tech floor cleaning equipment.

 

Germany boasts a robust industrial and commercial sector that prioritizes cleanliness and hygiene, driving demand for advanced floor cleaning solutions. Additionally, Germany’s emphasis on innovation and technology has led to the development of high-quality, efficient cleaning equipment, which resonates with both businesses and consumers seeking effective solutions.

Authors: Aviansh Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for floor cleaning equipment was reached USD 150.5 billion in 2023 and is anticipated to grow at a CAGR of 11.7% from 2024 to 2032, propelled by increased awareness of hygiene and cleanliness.

The vacuums segment was worth over USD 43.5 billion in 2023 and is expected to grow at a CAGR of 11.8% from 2024 to 2032, due to their convenience and effectiveness in deep-cleaning various floor types.

Offline channels dominated with a 61.8% market share in 2023 and is projected to grow at a CAGR of 11.7% from 2024 to 2032, as consumers prefer to test products before purchase.

The North America floor cleaning equipment industry was valued at over USD 45.9 billion in 2023 and is expected to grow at a CAGR of 12% through 2032, driven by the expansion of commercial and residential infrastructure.

Key players in the industry include Alfred Karcher, Bortex Industries, Bosch, Clemas, Comac, Denis Rawlins, Dyson, Eureka, Factory Cat, Fimap, Haier, Hako, IPC Group, LG, Nilfisk, Panasonic, Taski, Tennant, Tornado, and Wiese.

Floor Cleaning Equipment Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 275
  • Countries covered: 18
  • Pages: 225
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