The wet vacuum cleaner market is likely to register a CAGR of 5.0% during the forecast period and is anticipated to reach a market share of US$ 2.51 Billion in 2032 from US$ 1.54 Billion in 2020, owing to the technology advancements, enhanced functionality, and availability in compact sizes.
Attributes | Details |
---|---|
Wet Vacuum Cleaner Market CAGR | 5.0% |
Wet Vacuum Cleaner Market Size (2032) | US$ 2.51 Billion |
Wet Vacuum Cleaner Market Size (2020) | US$ 1.54 Billion |
Demand for wet vacuum cleaners has risen as a result of their advantages over ordinary vacuum cleaners. The adoption of current technology has improved the tool's use, resulting in increased sales of the wet vacuum cleaner, particularly in commercial locations. Furthermore, an increase in the number of commercial spaces, as well as an increase in the number of distribution channels, such as online platforms, hypermarkets, specialized stores, and others, are likely to drive demand for wet vacuum cleaners.
Regional governments have permitted the opening and operation of industries to recover from the economic crisis by removing the lockout and limiting regulations. Furthermore, the development of various new firms in the cited business is expected to help boost the sales of wet vacuum cleaners during the projection period, as well as focus on and supply sophisticated products and better customer experience.
An in-depth analysis of parent market trends, macroeconomic data, and regulating factors, as well as market attractiveness by segment, is included in the study. The analysis also maps out the qualitative impact of key market factors on market segments and geographies.
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Some of the significant drivers contributing to the drenched Hoover sales are changing end-user demand and rising hygiene concerns in both the residential and commercial sectors, as well as the advent of DIY applications and the need to maintain cleanliness, particularly in commercial sectors.
Sales of wet vacuum cleaners have had a long-running win-fail cycle due to their use mostly for fine chores in business areas, which has been a long-standing issue for manufacturers. Sales of wet vacuum cleaners are predicted to increase as technology advances, allowing for more advanced capabilities and the availability of smaller models.
The drenched Hoover sales were severely impacted, along with many other industries, due to the lockdown forced in every country.
Close down of unimportant industries, lack in demand from customers, further delay in the production of goods due to lack of employees, and so on in order to control the spread of the deadly virus, and thus, led to loss and decline in wet vacuum cleaner market.
The existence of multiple suppliers on e-commerce platforms has permitted one of the fastest eras for the development of sales of wet vacuum cleaners. Demand for a wet vacuum cleaner is expanding, as customers will be more likely to buy wet vacuum cleaners if they have easy access to them, as well as a variety of offers and discounts on electrical devices. Furthermore, manufacturers are investing in Research and Development facilities to improve the wet vacuum cleaners' market share and to make them available in compact dimensions and low weight.
Manufacturers are also concentrating on manufacturing vacuum cleaners with HEPA filters, which are readily available aftermarket, to improve the demand for wet vacuum cleaners. Additionally, the wet vacuum cleaners are equipped with cutting-edge technologies such as Bluetooth and remote control access to make work easier and increase sales of wet vacuum cleaners.
The USA is one of the world's major wet vacuum cleaner markets. During the forecast period 2021 to 2031, sales of wet vacuum cleaners in the USA are expected to follow the traditional pattern of boom and bust. With the advent of robotic hoovers backed by modern technology and Research and Development initiatives, demand for a wet vacuum cleaner is expected to rise.
Europe has been one of the largest Research and Development hubs in the world since the lifting of the lockdown, and because of their great flexibility and viability, which makes corner cleaning of spaces easier, which leads to increased sales of wet vacuum cleaners.
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Alfred Karcher SE &Co. KG, Makita Corporation, Milwaukee Tool (Techtronic Industries Company Limited), Panasonic Corporation, Nilfisk Industrial Vacuum, Tennant Company, Numatic International Ltd, Wessel werk Gmbh, Renesas Electronic Corporation, and TOSHIBA CORPORATION are some of the leading manufacturers and suppliers of wet vacuum cleaners.
Report Attribute | Details |
---|---|
Growth rate | CAGR of 5% from 2022 to 2032 |
The base year for estimation | 2021 |
Historical data | 2015 to 2020 |
Forecast period | 2022 to 2032 |
Quantitative units | Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032 |
Report Coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis |
Segments Covered | Application, technology, type, region |
Regional scope | North America; Western Europe; Eastern Europe; Middle East; Africa; ASEAN; South Asia; Rest of Asia; Australia; and New Zealand |
Country scope | USA, Canada, Mexico, Germany, United Kingdom, France, Italy, Spain, Russia, Belgium, Poland, Czech Republic, China, India, Japan, Australia, Brazil, Argentina, Colombia, Saudi Arabia, United Arab Emirates(UAE), Iran, South Africa |
Key companies profiled | Alfred Karcher SE & Co. KG; Makita Corporation; Milwaukee Tool (Techtronic Industries Company Limited); Panasonic Corporation; Nilfisk Industrial Vacuum; Tennant Company; Numatic International Ltd.; Wessel werk Gmbh; Renesas Electronic Corporation; TOSHIBA CORPORATION; MOOSOO; SIRIUS Co.; Ltd.; Gugusure JP |
Customization scope | Free report customization (equivalent to up to 8 analysts' working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
The wet vacuum cleaner market is anticipated to register a CAGR of 5% during the forecast period.
The wet vacuum cleaner market share is anticipated to reach US$ 2.51 Billion in 2032.
Demand for a wet vacuum cleaner is likely to rise due to technological advancements.
1. Executive Summary | Wet Vacuum Cleaner Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
4.1. Historical Market Size Value (US$ Million) & Volume(Million Units) Analysis, 2017 to 2021
4.2. Current and Future Market Size Value (US$ Million) & Volume(Million Units) Projections, 2022 to 2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Product Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume(Million Units) Analysis By Product Type, 2017 to 2021
5.3. Current and Future Market Size Value (US$ Million) & Volume(Million Units) Analysis and Forecast By Product Type, 2022 to 2032
5.3.1. Wired
5.3.2. Cordless
5.4. Y-o-Y Growth Trend Analysis By Product Type, 2017 to 2021
5.5. Absolute $ Opportunity Analysis By Product Type, 2022 to 2032
6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume(Million Units) Analysis By Application, 2017 to 2021
6.3. Current and Future Market Size Value (US$ Million) & Volume(Million Units) Analysis and Forecast By Application, 2022 to 2032
6.3.1. Commercial sector
6.3.2. Household sector
6.4. Y-o-Y Growth Trend Analysis By Application, 2017 to 2021
6.5. Absolute $ Opportunity Analysis By Application, 2022 to 2032
7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Sales Channels
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume(Million Units) Analysis By Sales Channels , 2017 to 2021
7.3. Current and Future Market Size Value (US$ Million) & Volume(Million Units) Analysis and Forecast By Sales Channels , 2022 to 2032
7.3.1. Hypermarket/Supermarket
7.3.2. Specialty stores
7.3.3. E-commerce
7.3.3.1. Others
7.4. Y-o-Y Growth Trend Analysis By Sales Channels, 2017 to 2021
7.5. Absolute $ Opportunity Analysis By Sales Channels, 2022 to 2032
8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) & Volume(Million Units) Analysis By Region, 2017 to 2021
8.3. Current Market Size Value (US$ Million) & Volume(Million Units) Analysis and Forecast By Region, 2022 to 2032
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
9.1. Historical Market Size Value (US$ Million) & Volume(Million Units) Trend Analysis By Market Taxonomy, 2017 to 2021
9.2. Market Size Value (US$ Million) & Volume(Million Units) Forecast By Market Taxonomy, 2022 to 2032
9.2.1. By Country
9.2.1.1. USA
9.2.1.2. Canada
9.2.2. By Product Type
9.2.3. By Application
9.2.4. By Sales Channels
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Product Type
9.3.3. By Application
9.3.4. By Sales Channels
9.4. Key Takeaways
10. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
10.1. Historical Market Size Value (US$ Million) & Volume(Million Units) Trend Analysis By Market Taxonomy, 2017 to 2021
10.2. Market Size Value (US$ Million) & Volume(Million Units) Forecast By Market Taxonomy, 2022 to 2032
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Product Type
10.2.3. By Application
10.2.4. By Sales Channels
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Product Type
10.3.3. By Application
10.3.4. By Sales Channels
10.4. Key Takeaways
11. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
11.1. Historical Market Size Value (US$ Million) & Volume(Million Units) Trend Analysis By Market Taxonomy, 2017 to 2021
11.2. Market Size Value (US$ Million) & Volume(Million Units) Forecast By Market Taxonomy, 2022 to 2032
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. Italy
11.2.1.3. France
11.2.1.4. United Kingdom
11.2.1.5. Spain
11.2.1.6. Russia
11.2.1.7. BENELUX
11.2.1.8. Rest of Europe
11.2.2. By Product Type
11.2.3. By Application
11.2.4. By Sales Channels
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Product Type
11.3.3. By Application
11.3.4. By Sales Channels
11.4. Key Takeaways
12. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
12.1. Historical Market Size Value (US$ Million) & Volume(Million Units) Trend Analysis By Market Taxonomy, 2017 to 2021
12.2. Market Size Value (US$ Million) & Volume(Million Units) Forecast By Market Taxonomy, 2022 to 2032
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.1.4. India
12.2.1.5. Rest of Asia Pacific
12.2.2. By Product Type
12.2.3. By Application
12.2.4. By Sales Channels
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Product Type
12.3.3. By Application
12.3.4. By Sales Channels
12.4. Key Takeaways
13. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
13.1. Historical Market Size Value (US$ Million) & Volume(Million Units) Trend Analysis By Market Taxonomy, 2017 to 2021
13.2. Market Size Value (US$ Million) & Volume(Million Units) Forecast By Market Taxonomy, 2022 to 2032
13.2.1. By Country
13.2.1.1. GCC Countries
13.2.1.2. Rest of Middle East and Africa
13.2.2. By Product Type
13.2.3. By Application
13.2.4. By Sales Channels
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Product Type
13.3.3. By Application
13.3.4. By Sales Channels
13.4. Key Takeaways
14. Key Countries Market Analysis
14.1. USA
14.1.1. Pricing Analysis
14.1.2. Market Share Analysis, 2021
14.1.2.1. By Product Type
14.1.2.2. By Application
14.1.2.3. By Sales Channels
14.2. Canada
14.2.1. Pricing Analysis
14.2.2. Market Share Analysis, 2021
14.2.2.1. By Product Type
14.2.2.2. By Application
14.2.2.3. By Sales Channels
14.3. Brazil
14.3.1. Pricing Analysis
14.3.2. Market Share Analysis, 2021
14.3.2.1. By Product Type
14.3.2.2. By Application
14.3.2.3. By Sales Channels
14.4. Mexico
14.4.1. Pricing Analysis
14.4.2. Market Share Analysis, 2021
14.4.2.1. By Product Type
14.4.2.2. By Application
14.4.2.3. By Sales Channels
14.5. Argentina
14.5.1. Pricing Analysis
14.5.2. Market Share Analysis, 2021
14.5.2.1. By Product Type
14.5.2.2. By Application
14.5.2.3. By Sales Channels
14.6. Germany
14.6.1. Pricing Analysis
14.6.2. Market Share Analysis, 2021
14.6.2.1. By Product Type
14.6.2.2. By Application
14.6.2.3. By Sales Channels
14.7. Italy
14.7.1. Pricing Analysis
14.7.2. Market Share Analysis, 2021
14.7.2.1. By Product Type
14.7.2.2. By Application
14.7.2.3. By Sales Channels
14.8. France
14.8.1. Pricing Analysis
14.8.2. Market Share Analysis, 2021
14.8.2.1. By Product Type
14.8.2.2. By Application
14.8.2.3. By Sales Channels
14.9. United Kingdom
14.9.1. Pricing Analysis
14.9.2. Market Share Analysis, 2021
14.9.2.1. By Product Type
14.9.2.2. By Application
14.9.2.3. By Sales Channels
14.10. Spain
14.10.1. Pricing Analysis
14.10.2. Market Share Analysis, 2021
14.10.2.1. By Product Type
14.10.2.2. By Application
14.10.2.3. By Sales Channels
14.11. Russia
14.11.1. Pricing Analysis
14.11.2. Market Share Analysis, 2021
14.11.2.1. By Product Type
14.11.2.2. By Application
14.11.2.3. By Sales Channels
14.12. BENELUX
14.12.1. Pricing Analysis
14.12.2. Market Share Analysis, 2021
14.12.2.1. By Product Type
14.12.2.2. By Application
14.12.2.3. By Sales Channels
14.13. China
14.13.1. Pricing Analysis
14.13.2. Market Share Analysis, 2021
14.13.2.1. By Product Type
14.13.2.2. By Application
14.13.2.3. By Sales Channels
14.14. Japan
14.14.1. Pricing Analysis
14.14.2. Market Share Analysis, 2021
14.14.2.1. By Product Type
14.14.2.2. By Application
14.14.2.3. By Sales Channels
14.15. South Korea
14.15.1. Pricing Analysis
14.15.2. Market Share Analysis, 2021
14.15.2.1. By Product Type
14.15.2.2. By Application
14.15.2.3. By Sales Channels
14.16. India
14.16.1. Pricing Analysis
14.16.2. Market Share Analysis, 2021
14.16.2.1. By Product Type
14.16.2.2. By Application
14.16.2.3. By Sales Channels
14.17. GCC Countries
14.17.1. Pricing Analysis
14.17.2. Market Share Analysis, 2021
14.17.2.1. By Product Type
14.17.2.2. By Application
14.17.2.3. By Sales Channels
15. Market Structure Analysis
15.1. Competition Dashboard
15.2. Competition Benchmarking
15.3. Market Share Analysis of Top Players
15.3.1. By Regional
15.3.2. By Product Type
15.3.3. By Application
15.3.4. By Sales Channels
16. Competition Analysis
16.1. Competition Deep Dive
16.1.1. Alfred Karcher SE & Co. KG,,
16.1.1.1. Overview
16.1.1.2. Product Portfolio
16.1.1.3. Profitability by Market Segment
16.1.1.4. Sales Footprint
16.1.1.5. Strategy Overview
16.1.1.5.1. Marketing Strategy
16.1.1.5.2. Product Strategy
16.1.2. Gugusure JP
16.1.2.1. Overview
16.1.2.2. Product Portfolio
16.1.2.3. Profitability by Market Segment
16.1.2.4. Sales Footprint
16.1.2.5. Strategy Overview
16.1.2.5.1. Marketing Strategy
16.1.2.5.2. Product Strategy
16.1.3. SIRIUS Co., Ltd
16.1.3.1. Overview
16.1.3.2. Product Portfolio
16.1.3.3. Profitability by Market Segment
16.1.3.4. Sales Footprint
16.1.3.5. Strategy Overview
16.1.3.5.1. Marketing Strategy
16.1.3.5.2. Product Strategy
16.1.4. MOOSOO
16.1.4.1. Overview
16.1.4.2. Product Portfolio
16.1.4.3. Profitability by Market Segment
16.1.4.4. Sales Footprint
16.1.4.5. Strategy Overview
16.1.4.5.1. Marketing Strategy
16.1.4.5.2. Product Strategy
16.1.5. TOSHIBA CORPORATION
16.1.5.1. Overview
16.1.5.2. Product Portfolio
16.1.5.3. Profitability by Market Segment
16.1.5.4. Sales Footprint
16.1.5.5. Strategy Overview
16.1.5.5.1. Marketing Strategy
16.1.5.5.2. Product Strategy
16.1.6. Renesas Electronic Corporation
16.1.6.1. Overview
16.1.6.2. Product Portfolio
16.1.6.3. Profitability by Market Segment
16.1.6.4. Sales Footprint
16.1.6.5. Strategy Overview
16.1.6.5.1. Marketing Strategy
16.1.6.5.2. Product Strategy
16.1.7. Wessel werk Gmb
16.1.7.1. Overview
16.1.7.2. Product Portfolio
16.1.7.3. Profitability by Market Segment
16.1.7.4. Sales Footprint
16.1.7.5. Strategy Overview
16.1.7.5.1. Marketing Strategy
16.1.7.5.2. Product Strategy
16.1.8. Numatic International Ltd.
16.1.8.1. Overview
16.1.8.2. Product Portfolio
16.1.8.3. Profitability by Market Segment
16.1.8.4. Sales Footprint
16.1.8.5. Strategy Overview
16.1.8.5.1. Marketing Strategy
16.1.8.5.2. Product Strategy
16.1.9. Tennant Company
16.1.9.1. Overview
16.1.9.2. Product Portfolio
16.1.9.3. Profitability by Market Segment
16.1.9.4. Sales Footprint
16.1.9.5. Strategy Overview
16.1.9.5.1. Marketing Strategy
16.1.9.5.2. Product Strategy
16.1.10. Nilfisk Industrial Vacuum
16.1.10.1. Overview
16.1.10.2. Product Portfolio
16.1.10.3. Profitability by Market Segment
16.1.10.4. Sales Footprint
16.1.10.5. Strategy Overview
16.1.10.5.1. Marketing Strategy
16.1.10.5.2. Product Strategy
16.1.11. Panasonic Corporation
16.1.11.1. Overview
16.1.11.2. Product Portfolio
16.1.11.3. Profitability by Market Segment
16.1.11.4. Sales Footprint
16.1.11.5. Strategy Overview
16.1.11.5.1. Marketing Strategy
16.1.11.5.2. Product Strategy
16.1.12. Milwaukee Tool (Techtronic Industries Company Limited)
16.1.12.1. Overview
16.1.12.2. Product Portfolio
16.1.12.3. Profitability by Market Segment
16.1.12.4. Sales Footprint
16.1.12.5. Strategy Overview
16.1.12.5.1. Marketing Strategy
16.1.12.5.2. Product Strategy
16.1.13. Makita Corporation,
16.1.13.1. Overview
16.1.13.2. Product Portfolio
16.1.13.3. Profitability by Market Segment
16.1.13.4. Sales Footprint
16.1.13.5. Strategy Overview
16.1.13.5.1. Marketing Strategy
16.1.13.5.2. Product Strategy
16.1.14. Haier Inc.
16.1.14.1. Overview
16.1.14.2. Product Portfolio
16.1.14.3. Profitability by Market Segment
16.1.14.4. Sales Footprint
16.1.14.5. Strategy Overview
16.1.14.5.1. Marketing Strategy
16.1.14.5.2. Product Strategy
16.1.15. SAMSUNG
16.1.15.1. Overview
16.1.15.2. Product Portfolio
16.1.15.3. Profitability by Market Segment
16.1.15.4. Sales Footprint
16.1.15.5. Strategy Overview
16.1.15.5.1. Marketing Strategy
16.1.15.5.2. Product Strategy
17. Assumptions & Acronyms Used
18. Research Methodology
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