The India Vacuum Cleaner Market is expecting around 7.5% CAGR during 2021-26, reveals MarkNtel Advisors in their recent research report. The growth of the market is driven primarily by the mounting demand for vacuum cleaners in various residential, commercial, & industrial applications to maintain hygiene and reduce the risks of allergies. To meet this demand, the leading market players are working on bringing innovations in their product offerings & expanding their overall production capacity. Additionally, increasing support from the Indian government through various cleanliness-related initiatives is also propelling the demand for vacuum cleaners and augmenting the overall market growth.
Besides, the growing focus of vacuum cleaner manufacturers toward upgrading their existing products, coupled with rapid research & development with the implementation of smart applications & robotic technologies in vacuum cleaners, shall further boost the market in the coming years, further states the research report, “India Vacuum Cleaner Market Analysis, 2021.”
Household Sector & Food & Beverage Industry to Contribute Significantly to the Market Growth through 2026
The hectic work-life schedule & long working hours of the Indian population are the prime aspects contributing to the market growth across the Household sector. The leading manufacturers are working on increasing their production capacity to cater to the burgeoning requirements of the Indian population owing to its rapidly improving economic conditions & greater inclination toward adopting modern approaches than traditional cleaning methods. Hence, based on these aspects, the India Vacuum Cleaner Market is projected to witness immense growth opportunities across the Household sector in the coming years.
On the other hand, the Food & Beverage industry is also a considerable contributor to the overall market growth owing to the ever-increasing need to eliminate the chances of food contamination. The Indian government has imposed strict norms for food & beverage manufacturers toward assuring the maximum level of hygiene in production facilities, reveals MarkNtel Advisors in their research report, "India Vacuum Cleaner Market Analysis, 2021."
According to MarkNtel Advisors, the leading players in the India Vacuum Cleaner Market are Dyson, Philips Indian Limited, Panasonic India Pvt. Ltd., Roidmi, TTK Prestige, Integrated Professional Cleaning (IPC), Kärcher India, Eureka Forbes, Kent, iRobot India.
Key Questions Answered in the Study