Market Definition
Vacuum Cleaners are devices used principally for removing dust & dirt from floors, corners, and other surfaces. These devices have rapidly gained momentum across India's various end-user industries like residential, industrial, and commercial sectors, principally to maintain cleanliness & sanitization at all times. Increasing penetration of technologies has brought various innovations in vacuum cleaners and benefited manufacturers to increase their production & expand customer base across the country.
Market Insights
The India Vacuum Cleaner Market is projected to grow at a CAGR of around 7.5% during the forecast period, i.e., 2021-26. The growth of the market is driven primarily by the rapidly growing awareness among the Indian population about various benefits of vacuum cleaner such as removing & lifting dirt & dust, effectively cleaning the environment to reduce the risks of allergies, etc.
Additionally, the active participation of the government through initiatives like "Swachh Bharat Mission" encouraging people toward cleanliness & sanitization is another crucial aspect promoting the adoption of vacuum cleaners across end-users like industrial, commercial, & residential sectors.
Besides, with the emergence of new technologies like automation in home appliances, the market is displaying a plethora of growth opportunities for the manufacturers to introduce new products into their portfolio & expand their customer base in India. Moreover, the availability of different types of vacuum cleaners like Canister, Central, Drum, Robotic, Upright, Wet & Dry, etc., is also projected to drive the market during 2021-26.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2016-19 |
| Base Year: 2020 | |
| Forecast Period: 2021-26 | |
| CAGR(2021-26) | 7.5% |
| Key Companies Profiled | Dyson, Philips Indian Limited, Panasonic India Pvt. Ltd., Roidmi, TTK Prestige, Integrated Professional Cleaning (IPC), Kärcher India, Eureka Forbes, Kent, iRobot India etc. |
| Unit Denominations | USD Million/Billion |
Key Trends in the India Vacuum Cleaner Market
To transform cities & bring a cleaner environment for the people, the government of India is actively participating in promoting cleanliness & sanitization through initiatives like Swachh Bharat Mission. It, in turn, is increasingly encouraging the adoption of vacuum cleaners across different end-user industries of the country and generating lucrative growth opportunities for the leading players in the market to launch new products & expand the production capacity.
The residential sector is amongst the largest consumers of vacuum cleaners in India, i.e., compelling the leading market players to introduce technologically advanced vacuum cleaners with features like automatic charging, navigation, & UV sterilization, among others. Additionally, the mounting inclination of people toward adopting modern home appliances like smart vacuum cleaners is becoming a prominent trend & driving the India Vacuum Cleaner Market.
Impact of Covid-19 on the India Vacuum Cleaner Market
The Covid-19 pandemic in 2020 had a decelerating effect on most industries in India. However, the Vacuum Cleaner Market witnessed an upsurge in its growth amidst the crisis. With the imposition of lockdowns & stringent movement restrictions by the government to resist the spread of this dreadful disease, the market witnessed slight disruptions in the initial months. These challenges included disruptions in the supply chain, shortage of raw materials & human power, and a temporary shutdown of manufacturing units, among others.
On the other hand, with escalating concerns associated with cleanliness & sanitization to curb the virus spread, the demand for vacuum cleaners rose dramatically across the residential sector for household applications and across the commercial vertical, where healthcare facilities were the largest consumers. Consequently, the market witnessed a hike & helped manufacturers sustain amidst the crisis.
Moreover, the gradual improvement in the pandemic situation with a declining number of Covid-19 cases prompted the Indian government to uplift the restrictions & allow the recommencement of business operations across the country. As a result, a rapid surge in the manufacturing of vacuum cleaners to suffice the burgeoning public demand was observed across India.
Currently, the market is on the path of recovery and is expecting significant growth opportunities during 2021-26, which would generate growth opportunities for the leading players to introduce new products & bring innovations in vacuum cleaners.
Market Segmentation
Based on End-Users:
Of them all, the Household sector dominated the India Vacuum Cleaner Market with the largest share in recent years, owing principally to the rapidly increasing working population and their hectic work-life & longer working hours. It, in turn, is augmenting the demand for vacuum cleaners across households to reduce manual effort & efficiently manage daily cleaning chores within a limited time.
Additionally, the rapidly improving economic conditions, increasing cases of allergies due to dust & dirt across households, and mounting consciousness to keep homes disease-free are other crucial aspects expected to play a crucial role in propelling the demand for vacuum cleaners across the household sector through 2026. Moreover, with the Covid-19 pandemic & the shift toward lockdowns & stay-at-home policies, the need for vacuum cleaners at homes has risen dramatically amidst the crisis, principally due to the mounting concerns associated with disinfection & sanitization to avoid the possibilities of virus traces at homes.
On the other hand, the Commercial sector has displayed significant market growth in recent years. It owes primarily to the mounting demand for vacuum cleaners across hospitals & healthcare facilities to ensure cleanliness & sanitization at all times. An ever-growing need to maintain hygiene in facilities like hotels, malls, retail stores, healthcare units, etc., especially after the Covid-19 pandemic, to avoid contamination & infections and maintain a healthy environment would be driving the market across the commercial sector in the coming years.
Nevertheless, the Industrial sector, especially the Food & Beverage industry, is also contributing significantly to the overall market growth. It owes principally to stringent regulations by the Indian government to ensure utmost hygiene & safety in the production of food & beverages, coupled with the mounting need to prevent & eliminate the chances of microbial & cross-contamination in food products. The various applications of vacuum cleaners in the food & beverage industry include cleaning the production lines & area, ovens, stoves, laboratories, & storage areas, coupled with transporting granules & powders (sugar, coffee, cocoa), and the suction of liquid or solid food waste.
Based on Type:
Of them all, Canister Vacuum Cleaners dominated the market with the largest share in recent years & is projected to prevail the same trend during the forecast period. It owes principally to the capabilities of these cleaners to easily vacuum dust from areas like stairs, underneath furniture, drapes, hard-to-reach corners, & blinds, among others. Besides, lighter weight & easy to carry perks of these vacuum cleaners add up as another crucial aspect fueling their demand across end-users like industrial, commercial, & residential areas.
On the other hand, the demand for Robotic Vacuum Cleaners is projected to display the fastest growth in the India Vacuum Cleaner Market during the forecast period. It owes principally to the emergence of the Covid-19 virus instigating people to adopt new cleaning appliances with greater efficiency, especially across hospitals, healthcare facilities, & homes.
Additionally, the growing prevalence of advanced features like automation, smart home assistance, automatic charging, etc., in vacuum cleaners entwined with the increasing inclination of the public toward the adoption of modern home appliances, the demand for robotic vacuum cleaners is projected to escalate swiftly in the coming years & fuel the overall market growth through 2026.
Recent Developments by Leading Companies
Market Dynamics:
Key Driver: Growing Working Population & Benefits of Vacuum Cleaners
With an escalating number of the working population, the demand for vacuum cleaners is projected to rise in the coming years enabling the users to manage house chores with minimal manual effort. Additionally, benefits like cost-effectiveness, safety. easy access to areas, and efficiency in managing chores, among others, are the prominent aspects instigating the demand for vacuum cleaners & driving the market during the forecast period.
Growth Opportunity: Growing Inclination Toward Smart Home Appliances
With constant advancements in technologies, the leading vacuum cleaner manufacturers are seeking innovation in their product offerings to bring new products & expand their customer base across India. Additionally, with an increasing customer inclination toward modern home appliances with advanced features, the market is projecting a plethora of growth opportunities for the leading players to develop smart vacuum cleaners integrated with features, such as low maintenance, navigation, hands-free operations, and time & cost-effectiveness, among others.
Key Questions Answered in the Market Research Report:
Frequently Asked Questions
A. The India Vacuum Cleaner Market is projected to grow at a CAGR of 7.5% during 2021-26.
A. The Household sector is anticipated to emerge as an area of remunerative opportunities for the leading players in the India Vacuum Cleaner Market during 2021-26.
A. A growing working population in India and their increasing inclination toward smart home appliances are anticipated to drive the India Vacuum Cleaner Market in the coming years.
A. Post the Covid-19 pandemic, the leading players in the India Vacuum Cleaner Market are anticipated to introduce new products & bring innovations in the vacuum cleaner technology, which would expand their scalability during 2021-26.
