Enjoy complimentary customisation on priority with our Enterprise License!
The vacuum cleaner market size is forecast to increase by USD 10.03 billion, at a CAGR of 13.54% between 2023 and 2028. The market is experiencing significant growth, driven by several key factors. Firstly, the increasing number of smart cities worldwide is fueling demand for advanced cleaning solutions. Secondly, social trends in urban areas are driving the adoption of robotic vacuum cleaners for their convenience and time-saving benefits. However, the market also faces challenges, including the threat from counterfeit vacuum cleaner products that undermine market integrity and consumer trust. To stay competitive, manufacturers must focus on innovation, quality, and consumer education to differentiate their residential robotic vacuum cleaners and build brand loyalty. In summary, the market is poised for growth, driven by urbanization and social trends, while facing challenges related to counterfeit products. Companies that prioritize innovation, quality, and consumer education will be best positioned to succeed.
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 Distribution Channel
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.