Household Vacuum Cleaners Market Size

Household Vacuum Cleaners Market Size

Household Vacuum Cleaners Market size exceeded USD 20 billion in 2019 and is estimated to grow at a CAGR of over 6.5% between 2020 and 2026. The global industry shipments are projected to reach 130 million units by 2026. The high demand is attributed to shifting consumer preferences toward advanced cleaning appliances over manual cleaning methods.

The rising household disposable income levels coupled with the increasing consumer awareness about health & hygiene across the globe will drive the household vacuum cleaners market growth. Consumers are adopting these devices over manual cleaning to save their time & efforts in cleaning.
 

Companies partaking in the market share are making investments in R&D activities to introduce new household vacuum cleaners with advanced motor technologies to enhance the performance and energy efficiency of the machine.
 

Industry players are integrating new HEPA filters with household vacuum cleaners to improve their cleaning ability, supporting market demand. For instance, in September 2019, Miele announced the launch of its new cordless household vacuum cleaner with built-in HEPA filters. HEPA filters will improve the indoor air quality significantly and mitigate the chances of allergies and asthma through the prevention of the contaminants and impurities from releasing into the air.
 

Concerns pertaining to the durability of the household vacuum cleaners are hampering the market value. The product loses suction capability due to clogging by dust, which will affect the appliance product life cycle. The clogging by dust will also cause the failure of integrated HEPA filters, which need to be replaced, hampering the household vacuum cleaners market growth.