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Household Vacuum Cleaners Market Size

  • Report ID: GMI709
  • Published Date: Sep 2024
  • Report Format: PDF

Household Vacuum Cleaners Market Size

Household Vacuum Cleaners Market size was valued at USD 24.8 billion in 2023 and is anticipated to register a CAGR of 5.8% between 2024 and 2032. Increased focus on health and hygiene is driving growth in the market. As people become more aware of indoor air quality, they are more concerned about keeping their homes clean.

 

This concern is due to the rise in allergies, respiratory issues, and other health problems linked to poor indoor air quality. As a result, many are choosing vacuum cleaners with advanced filters, like HEPA filters, that can trap allergens, dust, and tiny particles, improving the air quality in their homes.
 

Additionally, the trend towards health and hygiene is boosting demand for vacuum cleaners with features like antimicrobial treatments and special tools for removing pet hair. People are more willing to spend on high-end models that offer better cleaning and health benefits. This shift is influenced by personal health concerns and a broader societal push to maintain a clean and sanitary living space, which is seen as important for overall well-being. Manufacturers are responding to this demand by creating and marketing vacuum cleaners for health-conscious consumers. Companies are adding advanced technologies and highlighting the health benefits of their products to attract buyers.
 

As people become more aware of the environment, the household vacuum cleaner market faces big challenges, especially with environmental concerns and e-waste. Consumers and regulators are paying more attention to the environmental impact of household appliances, including vacuum cleaners. These concerns cover the entire lifecycle of the product from production and use to disposal. Many vacuum cleaners have materials and parts that can add to electronic waste if not handled properly.
 

This has led to stricter rules and higher expectations for manufacturers to use more sustainable practices, like using recyclable materials and designing products with disposal in mind. The problem of managing e-waste gets worse with fast technological advancements, which often lead to shorter product lifecycles and more obsolescence. As new models with advanced features come out, older vacuum cleaners are quickly thrown away, adding to the growing problem of electronic waste.
 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The household vacuum cleaners industry was valued at USD 24.8 billion in 2023 and is anticipated to register a CAGR of 5.8% between 2024 & 2032, due to the increased focus on health and hygiene.

The cordless segment was worth USD 7.5 billion in 2023 and is expected to grow at a CAGR of 7.2% through 2032, due to their powerful suction and wide cleaning path, making them ideal for large carpeted areas.

Asia Pacific market was worth USD 9.8 billion in 2023 and is expected to record a CAGR of 6% through 2032, driven by urbanization, rising disposable incomes, and increasing awareness of home cleanliness and hygiene.

Electrolux AB, Eureka, Hoover, iRobot Corporation, LG Electronics Inc., Miele & Cie. KG, Panasonic Corporation, and Philips Electronics among others.

Household Vacuum Cleaners Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 24
  • Countries covered: 21
  • Pages: 161
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