APAC Residential Vacuum Cleaners Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | 3.30 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
APAC Residential Vacuum Cleaners Market Analysis
Asia Pacific Residential Vacuum Cleaners Market is expected to achieve a CAGR of 3.3% during the forecast period.
Growth in the urban population in developing countries like India and China, improved infrastructural facilities, and rising awareness of cleanliness and hygiene are factors that drive the market.
During the COVID-19-related lockdowns, people had to rely on themselves to clean their homes, which skyrocketed the demand for vacuum cleaners in some countries, including India. Cost-effectiveness, safety, efficiency, high accessibility to small areas, and automation in residential cleaning resulted in increased demand for vacuum cleaners. The improvement in living standards, rising disposable income, and increasing working population, coupled with high purchasing power and ease of operations, are anticipated to further drive the demand for household vacuum cleaners. However, low awareness levels, high energy consumption in the conventional type of vacuum cleaners, and high prices of robotic cleaners limit the market growth. Offline sales are expected to grow at a slower pace due to the impact of the increasing online sales. The demand for vacuum cleaners with high-efficiency particulate air filtration technology is increasing rapidly in developed markets.
APAC Residential Vacuum Cleaners Market Trends
This section covers the major market trends shaping the APAC Residential Vacuum Cleaners Market according to our research experts:
Growing Urbanization Across the Region
The growing urbanization across the region, especially in developing countries such as India and China, is creating immense expansion potential in the market. Due to the increasing cost of domestic help services, a shift toward consumer appliances has been witnessed in the last few years. During the COVID-19-related lockdowns, people had to rely on themselves to clean their homes, which skyrocketed the demand for vacuum cleaners in some countries, including India. New product offerings by domestic companies in emerging economies, such as Xiaomi Corp., Eureka Forbes Ltd, and Kent RO System Inc., at affordable prices also aid the growth of the market.
Rising Adoption of Robotic Vacuum Cleaners
The rising adoption of robotic vacuum cleaners in countries like China, Japan, and South Korea may augment product penetration in the region. Ongoing R&D, innovations, and integration of advanced technologies into the equipment may also proliferate the market demand in Asia-Pacific.
New cleaning requirements have emerged in response to the COVID-19 pandemic, along with the need to free up human resources to engage them in other activities. Such demands have necessitated the adoption of autonomous or robotic vacuum cleaners. Features such as automatic charging, smart home trend, and voice-activated commands powered by digital voice assistants, such as Amazon Alexa and Google Assistant, are attracting residential clients and end users. Advanced features such as navigation technology, voice control, and remote control allow these devices to help users save time and reduce human assistance. For instance, in February 2022, Midea, a prominent provider of home appliances, launched an innovative auto-dust robot vacuum cleaner, Midea S8+, which offers an automatic dust collection station. The device has an inbuilt LDS navigation system and a multi-map function, which allows the device to scan the whole house to clean the spaces without repeating any area. The additional feature of the vacuum cleaner includes upgraded sensors for smart detection, different cleaning modes, Wi-Fi connectivity, and voice support. It can also be connected to Google Assistant or Alexa and MSmartLife app. Therefore, market players are focusing on introducing new models of technologically upgraded vacuum cleaners to expand their product portfolios.
APAC Residential Vacuum Cleaners Industry Overview
The report covers major domestic and international players operating in the Asia-Pacific residential vacuum cleaners market. The demand is driven by rising disposable income in the region. Large companies compete through volume purchasing, breadth of products, and effective merchandising and marketing. Small companies focus on a market segment and compete through the depth of products and superior customer service. It has major players; Bissell Inc., Electrolux AB, Dyson Limited, Eureka Forbes, and Groupe SEB
APAC Residential Vacuum Cleaners Market Leaders
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Bissell Inc.
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Electrolux AB
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Dyson Limited
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Eureka Forbes
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Groupe SEB
*Disclaimer: Major Players sorted in no particular order
APAC Residential Vacuum Cleaners Market News
- In September 2022, iRobot Corporation introduced an advanced 2-in-1 Robot Vacuum and Mop with thoughtful iRobot OS 5.0 updates.
- In July 2022, British tech firm Dyson Limited launched the V15 Detect, its most powerful and intelligent cord-free vacuum cleaner, in India.
- In March 2022, iRobot Corporation announced that it has started rolling out its iRobot Genius 4.0 Home Intelligence software update to Wi-Fi-connected Roomba® robot vacuum and Braava jet robot mop customers.
APAC Residential Vacuum Cleaners Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
- 4.4 Market Opportunities
- 4.5 Insights on Technological Innovations in the Industry
- 4.6 Value Chain / Supply Chain Analysis
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4.7 Porters 5 Force Analysis
- 4.7.1 Threat of New Entrants
- 4.7.2 Bargaining Power of Buyers/Consumers
- 4.7.3 Bargaining Power of Suppliers
- 4.7.4 Threat of Substitute Products
- 4.7.5 Intensity of Competitive Rivalry
- 4.8 Latest Trends Influencing the Residential Vaccum Cleaners Market
- 4.9 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
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5.1 By Product
- 5.1.1 Upright
- 5.1.2 Canister
- 5.1.3 Central
- 5.1.4 Drum
- 5.1.5 Wet/Dry
- 5.1.6 Robotic
- 5.1.7 Other Products
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5.2 By Type
- 5.2.1 Corded
- 5.2.2 Cordless
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5.3 By Distribution Channel
- 5.3.1 Supermarkets/Hypermarkets
- 5.3.2 Specialty Stores
- 5.3.3 Online
- 5.3.4 Others
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5.4 By Country
- 5.4.1 China
- 5.4.2 India
- 5.4.3 Japan
- 5.4.4 South Korea
- 5.4.5 Australia
- 5.4.6 Rest of Asia Pacific
6. COMPETITIVE LANDSCAPE
- 6.1 Market Competition Overview
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6.2 Company Profiles
- 6.2.1 Bissell Inc.
- 6.2.2 Electrolux AB
- 6.2.3 Dyson Limited
- 6.2.4 Eureka Forbes
- 6.2.5 Groupe SEB
- 6.2.6 Haier Group Corporation
- 6.2.7 Miele
- 6.2.8 Koninklijke Philips NV
- 6.2.9 Stanley Black & Decker Inc.
- 6.2.10 iRobot Corporation
- 6.2.11 Samsung Electronics Co. Ltd
- 6.2.12 Techtronic Industries Co. Ltd*
- *List Not Exhaustive
7. FUTURE OF THE MARKET
8. APPENDIX
9. DISCLAIMER AND ABOUT US
APAC Residential Vacuum Cleaners Industry Segmentation
The report covers a complete background analysis of the residential vacuum cleaners market in Asia-Pacific, including an assessment of the parental market, emerging trends by segments and countries, significant changes in market dynamics, and a market overview. The report also includes a competitive overview of the top manufacturers, as well as an analysis of their product offerings and recent developments. The Asia-Pacific residential vacuum cleaners market is segmented by product (upright, canister, central, drum, wet and dry, robotic, and other products), type (corded and cordless), distribution channel (supermarkets/hypermarkets, specialty stores, online, and other distribution channels), and country (China, India, Japan, South Korea, Australia, and Rest of Asia-Pacific). The report offers market size and forecast values for the Asia Pacific Residential Vacuum Cleaners Market in USD billion for the above segments.
| By Product | Upright |
| Canister | |
| Central | |
| Drum | |
| Wet/Dry | |
| Robotic | |
| Other Products | |
| By Type | Corded |
| Cordless | |
| By Distribution Channel | Supermarkets/Hypermarkets |
| Specialty Stores | |
| Online | |
| Others | |
| By Country | China |
| India | |
| Japan | |
| South Korea | |
| Australia | |
| Rest of Asia Pacific |
APAC Residential Vacuum Cleaners Market Research FAQs
What is the current Asia Pacific Residential Vacuum Cleaners Market size?
The Asia Pacific Residential Vacuum Cleaners Market is projected to register a CAGR of 3.30% during the forecast period (2024-2029)
Who are the key players in Asia Pacific Residential Vacuum Cleaners Market?
Bissell Inc., Electrolux AB, Dyson Limited, Eureka Forbes and Groupe SEB are the major companies operating in the Asia Pacific Residential Vacuum Cleaners Market.
What years does this Asia Pacific Residential Vacuum Cleaners Market cover?
The report covers the Asia Pacific Residential Vacuum Cleaners Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Asia Pacific Residential Vacuum Cleaners Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Asia Pacific Residential Vacuum Cleaners Industry Report
Statistics for the 2024 Asia Pacific Residential Vacuum Cleaners market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia Pacific Residential Vacuum Cleaners analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
