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Vacuum cleaners are one of the most commonly used devices across the Indian region to get rid of dust & dirt and hence have a huge market in the country. According to the research report published by MarkNtel Advisors, the India Vacuum Cleaners Market is valued at around USD 42 million in 2023 and is estimated to grow at a CAGR of about 2.18% during the forecast period, i.e., 2024-29. The expansion of the Vacuum Cleaners Market in India can be predominantly attributed to the prompt rising consciousness among the Indian population regarding the numerous advantages of vacuum cleaners like removing & lifting dirt and dust, efficiently cleaning and purifying the surroundings to moderate the possibilities of contacting allergies, etc.
Moreover, the market of vacuum cleaners is witnessing a substantial rise in India owing to the country’s swift urbanization & migration of the Indian population to cities. The constant migration has resulted in smaller living spaces with an amplified mandate for convenient cleaning solutions leading to people opting for vacuum cleaners.
The report further states that the launch of several campaigns like “Swachh Bharat Mission” by the Indian government has propelled the Indian population to pay attention to cleanliness & sanitization, further resulting in increased usage of vacuum cleaners through several end-users, such as industrial, commercial, and residential sectors.
Additionally, the Indian market consists of various types of vacuum cleaners like Canister, Central, Drum, Robotic, Upright, Wet and dry, etc., which the consumers can buy according to their preferences & requirements, which is further boosting the India Vacuum Cleaners Market.
Top Competitors Retaining a Substantial Share of the India Vacuum Cleaners Market
Dyson, Philips Indian Limited, Panasonic India Pvt. Ltd., Roidmi, TTK Prestige, Integrated Professional Cleaning (IPC), Kärcher India, Eureka Forbes, Kent, iRobot India are some of the prominent market players holding the top spot in the India Vacuum Cleaners Market. These companies are backing the overall market expansion since they hold a significant market share.
Analyzing the India Vacuum Cleaners Market Segmentation
- By Type (Canister, Central, Drum, Robotic, Upright, Wet & Dry, and Others)
- By End User (Industrial (Food & Beverages, Manufacturing, Construction, Pharmaceutical, and Others), Commercial (Hotel, Retail stores, Hospitality, and Others), and Household (Residential))
- By Sales Channel (Online, Retail, and Direct Sales)
- By Product Size (Handheld Vacuum Cleaner and Wheel-based Vacuum Cleaner)
- By Region (East, West, North, and South)
The segment of Households retained the leading share & gained a dominant stance in the India Vacuum Cleaners Market in recent years. The promptly increasing working population running short on time and lacking work-life balance is the major factor leading to the increased demand for vacuum cleaners across Indian households. Vacuum cleaners aid in decreasing manual work and professionally manage everyday cleaning tasks in less time leading to its extensive adoption by the people.
Moreover, additional aspects, such as the swiftly developing economic situations, rising circumstances of allergies because of dust & dirt across households, and escalating awareness to prevent diseases are further propelling people to opt for vacuum cleaners for their homes, which is enhancing the segment’s growth.
Rising Inclination Towards Smart Home Appliances Likely to Widen Growth Opportunities
The market is witnessing persistent technological developments in most products, including vacuum cleaners. The prominent market players are constantly experimenting and innovating to launch advanced products in market, further multiplying the consumer base. Moreover, more and more people are opting for appliances integrated with smart features further propelling the vacuum cleaner manufacturers to launch smart vacuum cleaners with features like low maintenance, navigation, hands-free operations, and time & cost-effectiveness, among others. This is likely to open new prospects for market growth and development in India.
About MarkNtel Advisors:
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
Contact MarkNtel Advisors:
- Phone: +1 628 895 8081, +91 120 4278433
- Email: sales@marknteladvisors.com
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