A vacuum cleaner is type of an electrical apparatus that causes suction to remove dust and small particles from floors, upholstery, draperies and other surfaces.
India Vacuum Cleaner Market Analysis, 2020 research report depicts a deep-dive market analysis of statistics of India Vacuum Cleaner market which consists of regional and country-wise market size, market forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end users, applications, product type, technologies, competitive benchmarking, etc.
Market Opportunities
According to MarkNtel Advisors’ research report “India Vacuum Cleaner Market Analysis, 2020”, the India Vacuum Cleaner market is anticipated to grow at a considerable CAGR of during 2020-25F. The driving factors for the growth of the market is attributed to increasing disposable income, bolstering urban population, and rising penetration of vacuum cleaners in rural areas. Besides these, the surging presence of international market players due to the launch of technology advanced vacuum cleaners such as robotic vacuum cleaners incorporated with Wi-Fi connectivity is driving the growth of the market. Moreover, the burgeoning demand for vacuum cleaners in the end users such as hotels, hospitals, industry, shopping malls, and airports, and escalating preferences of customers toward advanced cleaning appliances are strongly contributing to the growth of the market in the forthcoming period.
Market Segmentation
Online Channel Growing at a Rapid Pace
Based on Distribution Channel, Online Channel is growing at a rapid pace in the India vacuum cleaner market in 2019. The companies are shifting more toward the sales of vacuum cleaners via online in order to acquire a larger customer base globally and also due to an escalating use of smartphones and IoT. Besides these, the strong presence of various e-commerce platforms in the country and burgeoning inclination of customers toward online channels due to accessibility of a large number of products at lower prices are anticipated to promote the growth of Vacuum Cleaner market India in the coming years as stated in the MarkNtel Advisors’ research report “India Vacuum Cleaner Market Analysis, 2020”.
Competitive Landscape
According to MarkNtel Advisors, the key players with a considerable market share in the India Vacuum Cleaner market include Dyson, Philips Indian Limited, Panasonic India Pvt. Ltd., Roidmi, TTK Prestige, Integrated Professional Cleaning (IPC), Kärcher India, Eureka Forbes, Kent, iRobot India etc.
Key Questions Answered in the Market Research Report:
Market Outlook, Segmentation and Statistics:
Frequently Asked Questions:
Q. What is the historical year, base year and forecast year considered in the research report on India Vacuum Cleaner Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecast up-to 2025.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.
Q. What would be the growth rate or CAGR of India Vacuum Cleaner Market during 2020-25?
A. The growth rate of India Vacuum Cleaner Market during 2020-25 is forecast to be grow at a considerable CAGR.
Q. Who are the key competitors or players operating in India Vacuum Cleaner Market?
A. Dyson, Philips Indian Limited, Panasonic India Pvt. Ltd., Roidmi, TTK Prestige, Integrated Professional Cleaning (IPC), Kärcher India, Eureka Forbes, Kent, iRobot India etc., are few of the leading players in the India Vacuum Cleaner Market.
Q. Which end-user segment would emerge as an opportunity area for players in India Vacuum Cleaner Market?
A. Commercial is expected to attain the highest CAGR during the forecast period and maintain its significant market share.
Q. Which Distribution channel would emerge as an opportunity area for players in India Vacuum Cleaner Market?
A. Online grabbed a significant market share continue to grow at a highest CAGR, presenting immense opportunities for market players of India Vacuum Cleaner Market.
