As per this study the Global Cordless Vacuum Cleaner Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of XX%.
The cordless vacuum cleaner is the cordless, small, hand-held battery driven appliance that is used for cleaning purpose. It uses a vacuum or air pump to suck up dust particles from the surfaces, upholstery and clothes. These are a lightweight, stick shaped vacuum cleaner that offers utmost safety, portability and convenience. Owing to this, these are widely accepted across the residential and commercial sector.
The rise in pollution level has generated high demand for convenient yet efficient dust cleaning appliance is driving the market growth. Rising adoption of product to clean interior and exterior surfaces of the car, home, and office spaces are further fueling the market growth. Increase in purchasing power, the rise in living standards and soaring demand for hand-held appliances is pushing the market growth uphill.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of cordless vacuum cleaner.
The broad cordless vacuum cleaner market has been sub-grouped into product and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for cordless vacuum cleaner in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Cordless Vacuum Cleaner Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the cordless vacuum cleaner market include BISSELL, Bosch, Dyson, GlenDimplex, Gtech, IRobot, Neato Robotics, Puppyoo, SharkNinja, Stanley Black & Decker and TTI among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.