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Floor Cleaning Equipment Market Share
The floor cleaning equipment industry, with prominent players, such as Samsung, Bosch, Panasonic and Haier holds a market share of ~15%. Manufacturers are adopting strategic steps, such as mergers, acquisitions, partnerships, and collaborations, to meet the growing consumer demand and consolidate their position in the market.
Floor Cleaning Equipment Market Companies
Major players operating in the floor cleaning equipment 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
- Wiese
How big is the floor cleaning equipment market?
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.
What is the market share of offline distribution channels in the floor cleaning equipment market?
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.
Why is the demand for vacuum cleaners rising?
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.
What trends are influencing the North America floor cleaning equipment market?
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.
Who are the major players in the floor cleaning equipment market?
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.