What is Global Stick Vacuum Cleaner Market?
The Global Stick Vacuum Cleaner Market is a comprehensive study of the current trends, growth indicators, and market dynamics of the stick vacuum cleaner industry worldwide. The stick vacuum cleaner, a compact and lightweight cleaning device, has seen a surge in demand due to its convenience and efficiency. The global market for these cleaners was valued at US$ 15990 million in 2022. The market is projected to grow at a steady Compound Annual Growth Rate (CAGR) of 3.7% from 2023 to 2029, reaching an estimated value of US$ 20740 million. This growth is driven by various factors, including technological advancements, changing consumer preferences, and increasing awareness about cleanliness and hygiene.
Cordless Vacuum Cleaner, Electric Vacuum Cleaner in the Global Stick Vacuum Cleaner Market:
The Global Stick Vacuum Cleaner Market is segmented into two types: Cordless Vacuum Cleaner and Electric Vacuum Cleaner. The Cordless Vacuum Cleaner is a portable device that operates on rechargeable batteries, making it ideal for quick clean-ups and hard-to-reach areas. On the other hand, the Electric Vacuum Cleaner, which requires a power source for operation, offers more powerful suction and longer operating time. Both types have their unique advantages and cater to different consumer needs. The choice between the two depends on factors such as cleaning requirements, budget, and convenience.
Home Use, Commercial Use in the Global Stick Vacuum Cleaner Market:
The Global Stick Vacuum Cleaner Market finds its application in two major areas: Home Use and Commercial Use. For home use, stick vacuum cleaners are popular due to their compact size, lightweight design, and ease of use. They are perfect for quick clean-ups and can easily reach under furniture and tight corners. For commercial use, these cleaners are used in offices, hotels, restaurants, and other commercial spaces. They are preferred for their efficiency, power, and ability to clean large areas quickly. However, the choice between home use and commercial use depends on the cleaning requirements and the size of the area to be cleaned.
Global Stick Vacuum Cleaner Market Outlook:
The market outlook for the Global Stick Vacuum Cleaner Market is promising. In 2022, the market was valued at US$ 15990 million. It is expected to grow at a CAGR of 3.7% from 2023 to 2029, reaching an estimated value of US$ 20740 million. North America holds the largest market share of 40%, followed by Europe with a share of about 30%. This dominance can be attributed to the high living standards, technological advancements, and high awareness about cleanliness and hygiene in these regions. However, the market is also expected to witness significant growth in other regions due to increasing disposable income and changing lifestyle trends.
| Report Metric | Details |
| Report Name | Stick Vacuum Cleaner Market |
| Accounted market size in 2023 | US$ 16730 million |
| Forecasted market size in 2029 | US$ 20740 million |
| CAGR | 3.7 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
|
| Segment by Application |
|
| Segment by Region |
|
| By Company | Dyson, TTI, Electrolux, Shark, Bissell, Groupe SEB, Ecovacs Robotics (Tineco), Karcher International, Samsung Electronics, Bosch, LG Corporation, Midea, Miele, Philips, Black and Decker, Panasonic, Kingclean, Deerma, Roborock |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
