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Nov 16, 2021, 13:00 ET
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CHICAGO, Nov. 16, 2021 /PRNewswire/ — An increase in the annual savings among end-users and their enhanced spending sentiments due to the economic recovery has fueled the demand for upholstery furniture, thereby providing opportunities for the manufacturers of bed and upholstery vacuum cleaners in the US. Players in the vacuum cleaner market are adopting e-commerce distribution channels to capture a higher market share. The major vendors in the European vacuum market, such as Dyson, can opt to diversify their business by leveraging their existing brand reputation.
Over the next few years, the competitive landscape is likely to intensify even further. The growing trend of robotics is pushing the vendors to expand their portfolio to sustain the competitive market. Arizton’s reports covering overall insights of several growth factors, new technologies, trends, and competitive landscape to grow your business. Arizton is developing more insightful and customized related report to boost your business easily. The consumer goods & retail tech industry reports are high on demand due to its quality of information. Get flash sale on our selected www.arizton.com reports now!
1. Cordless Vacuum Cleaner Market – Global Outlook and Forecast 2021-2026
Cordless vacuum cleaner market size to reach USD 9736.98 million by 2026, growing at a CAGR of 10.39% during the period 2021-2026. The development of smart vacuum cleaner market is creating buzz in the global market. Developers of cordless vacuum cleaners are continually testing and adopting different technologies to improve the performance and design the products as per the customers requirement. Many vendors are investing in R&D to enhance the features of cordless vacuum cleaners with new technology. Robotic vacuum cleaners with Wi-Fi, Amazon Alexa, and laser, which work with navigation are expected to see huge growth. The demand for robotic vacuum cleaners and vacuum cleaners that work with various sensors is anticipated to see a surge during the forecast period. The residential cordless vacuum cleaner market was experiencing high growth due to increased consumer awareness. Various end-users are required to comply with the strict regulations set by the government with respect to safety standards, which is projected to increase the sales of the product in the global market. The trend of beautification of airports will also drive the demand for cordless vacuum cleaner market in the upcoming years.
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2. Bed and Upholstery Vacuum Cleaner Market – Global Outlook and Forecast 2020-2025
Bed and upholstery vacuum cleaner market size to reach USD 369.52 million, growing at a CAGR of 13.14% during 2020-2025. The lifestyle of the today’s generation has completely changed as they demand for more luxury mattresses and comfort this in turn, is creating high demand for bed and upholstery vacuum cleaner in the global market. Several vendors such as Dyson, Iris, and Sowtech, have introduced cordless bed and upholstery vacuum cleaners. Although several regional and international vendors are offering beds and upholstery vacuum cleaners, the international players are primarily dominating the market. The global bed and upholstery vacuum cleaner market is a niche market with the presence of a limited number of international and local vendors. The market is primarily dominated by international brands such as Dyson and Hoover. The innovation of robotic vacuum cleaners is gaining momentum in the global market. The increasing market penetration towards bed and upholstery vacuum cleaner market is creating huge opportunities for the players to boom in the market.
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