January 29, 2021
According to the research report titled ‘India Vacuum Cleaners Market Analysis, 2020’, available with Market Study Report LLC, India vacuum cleaners market is predicted to record a strong CAGR during 2020-2025.
India vacuum cleaners market growth is driven by growing popularity of the equipment in rural areas, mounting urban population, and rising disposable income. In addition, presence of international industry players with introduction of technologically advanced products like robotic vacuum cleaners integrated with Wi-Fi connectivity is also adding to the overall market outlook.
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For those unversed, a vacuum cleaner is an electric cleaning device which creates suction to remove dirt and small particles from draperies, upholstery, floors, and other surfaces.
Soaring demand from end users including airports, shopping malls, industry, hospitals, hotels, along with shifting preference of users towards advanced cleaning appliances are further augmenting India vacuum cleaners industry share.
Besides illustrating the key growth drivers, India vacuum cleaners market assessment envelops critical information concerning the challenges and expansion prospects in this business domain. It also evaluates the past records and the current market trends to project the growth rate of this business sphere over 2020-2025.
Based on type, India vacuum cleaners market is classified into wet & dry, upright, robotic, drum, central, canister, and others. Speaking of end user scope, the industry is bifurcated into industrial (pharmaceutical, construction, manufacturing, food & beverage), commercial (retail stores, hospitals, hospitality), and household (residential).
With respect to distribution channel, the market is categorized into direct sales, retail channels, and online channels. India vacuum cleaners market share from online channel segment is expected to grow substantially over the coming year, on account of inclination of companies towards selling vacuum cleaners through online platforms to attract a large customer base. Moreover, surging usage of smartphones and IoT is also adding to the segmental growth.
Apart from these factors, concentration of several e-commerce platforms in the country, and customers preferring online channels attributable to accessibility to a range of products at lower price are swaying the business dynamics.
Moving on to product size, the industry is bifurcated into wheel based vacuum cleaners and handheld vacuum cleaners.
Major companies impelling India vacuum cleaners industry expansion are iRobot India, Kent RO Systems, Eureka Forbes Ltd., Karcher Cleaning Systems Pvt. Ltd., Integrated Professional Cleaning (IP Cleaning India Pvt. Ltd.), TTK Prestige Ltd., Roidmi, Panasonic India Pvt. Ltd., Philips Indian Limited, and Dyson Ltd.