Enjoy complimentary customisation on priority with our Enterprise License!
The floor cleaning machines market size is forecast to increase by USD 2.50 billion, at a CAGR of 4.84% between 2023 and 2028. The global market is experiencing significant growth due to the increasing demand from janitorial cleaning services in various industries. This trend is driven by the need to maintain clean and hygienic work environments to ensure employee productivity and customer satisfaction. Additionally, rising investments in research and development (R&D) are leading to the launch of advanced floor cleaning technologies, such as robotic floor scrubbers and autonomous floor cleaning machines. Furthermore, the availability of low-cost manual labor in developing countries is making floor cleaning services more affordable, thereby fueling market growth. However, challenges such as high initial investment costs and the need for regular maintenance and replacement of parts are limiting the market's growth potential.
Despite these challenges, the market is expected to continue its growth trajectory due to the increasing awareness of the importance of maintaining clean and hygienic environments.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.