
Published On: Sep 2021
Published On: Sep 2021
Canister Segment to Dominate Europe Household Vacuum Cleaners Market during 2021-2028
According to a new market research study on “Europe Household Vacuum Cleaners Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast – by Product, Type, Distribution Channel and Country,” is expected to reach US$ 7,179.14 million by 2028 from US$ 6,576.23 million in 2021. The market is estimated to grow at a CAGR of 1.3% from 2021 to 2028. The report provides trends prevailing in the Europe household vacuum cleaners market along with the drivers and restraints pertaining to the market growth. Rise in working population and an upsurge in the preference for vacuum cleaners for maintaining hygiene are major factors driving the growth of the Europe household vacuum cleaners market. However, huge spending on electricity and maintenance costs of vacuum cleaners hinders the growth of Europe household vacuum cleaners market.
Europe, especially Russia, witnessed an unprecedented rise in number of coronavirus cases, which led to the downfall of household vacuum cleaners manufacturing activities during the early years of 2020. However, the COVID-19 outbreak has emphasized the significance of cleanliness and hygiene practices among the populace. Cleaning of the floors has become essential. Vacuuming can significantly lessen the amount of virus by capturing and retaining debris, dust, and other particles. This factor is anticipated to bolster the demand for household vacuum cleaners in Europe in coming years.
The market for Europe household vacuum cleaners is segmented into product, type, distribution channel and country. Based on product, the market is segmented into upright, stick, canister, robotic, handheld, and others. In 2020, the canister segment held the largest share in Europe household vacuum cleaners market. Based on type, the Europe household vacuum cleaners market is divided into corded and cordless. The cordless segment is expected to be the fastest growing segment over the forecast period. Based on distribution channel, the market is bifurcated into offline and online. In 2020, the offline segment held the largest share in Europe household vacuum cleaners market. Based on country, the Europe household vacuum cleaners market is divided into Germany, France, Italy, UK, Russia, and Rest of Europe. Rest of Europe is expected to be the fastest growing country over the forecast period. Furthermore, in this present scenario of COVID 19 pandemic, the Europe household vacuum cleaners market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the Europe countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for household vacuum cleaners.
Bissel Inc.; Electrolux; Koninklijke Philips N.V.; Stanley Black & Decker, Inc.; Haier Group; Dyson Limited; Eureka Forbes; Groupe SEB; Miele and Oreck Corporation are some of the leading companies in the Europe household vacuum cleaners market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
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