What is the upright vacuum segment market size?
Upright vacuums have a market size of just over 1 billion USD. That amount is expected to grow over the next few years. There are a few factors behind this growth.
The upright vacuum has become known for power and performance. It rarely loses its suction and provides great cleaning quality.
As homeowners look to make an investment in a vacuum that will last them a long time, they turn to upright vacuums.
Many stick with upright vacuums because that's what they've always known. They were used in their own homes growing up and with companies innovating them, they remain relevant.
Some vacuum companies are looking at ways to make upright vacuums smarter.
Whether it's through enlisting the help of AI or providing some other technological advancement, homeowners are intrigued at what new features their vacuum can offer.
Upright vacuums are also easy to maintain. At most, they only need a filter replacement from time to time. That longevity is ideal for homeowners that don't want to constantly purchase new vacuums.
COVID-19 has also been a factor. Homeowners want to make sure that their homes are thoroughly cleaned. They trust upright vacuums to get the job done.
As more innovations arise, you can expect the market to continue to grow.
What is the canister vacuum segment market size?
Canister vacuums have about the same market size as upright vacuums. They're also looking at a market size of 1 billion USD. That number is expected to grow marginally by 2022.
There are a few factors leading to the increase of this type of vacuum as well. A canister vacuum is not unlike an upright vacuum except that it uses a canister.
It has the same reputation as an upright vacuum for being powerful and delivering excellent cleaning performance.
One advantage working in its favor is that canister vacuums are able to carry more than upright vacuums and other vacuums.
Compact sizes excluded, canister vacuums have large bodies to store dust and dirt.
That enables homeowners to do a lot more cleaning without stopping to empty the vacuum. It saves them time.
When it comes to cleaning, all homeowners want to save more time.
Another great factor that's influencing the increase in canister sales is the COVID-19 pandemic.
Homeowners like the idea of being able to suck up any dangerous germs inside of a contained area. They get to have minimal contact with anything that might make them ill.
Canister vacuums are also known for being able to decrease how much dirt and dust are kicked back into the air. The dust and dirt are trapped inside the canister.
They're known for being sanitary and clean. Canister vacuums are also known for living a long time. They don't rely on battery packs or charges.
You just plug them into the wall and start vacuuming. As a result, they're able to last longer.
Some consumers like knowing that they just need to buy one vacuum and they'll be able to use it for the next five or 10 years without fail. It's a hefty investment, but one that's cost-effective in the long run.
Maintenance is also easy. Most container vacuums use HEPA filters instead of other things to keep themselves clean.
While consumers will need to clean out the canister from time to time, it's a lot easier to keep this type of vacuum going than other types.
One final factor that's influencing canister sales is its mobility. Most canister vacuums are on wheels or have extended hoses or power cords.
Homeowners don't have to keep unplugging the canister vacuum as they move through the home.
This is a problem that some consumers have with upright vacuums. They need to waste time unplugging the vacuum and finding another outlet to reach the next area to clean.
Canister vacuums save that time and allow homeowners more time to relax when they're done cleaning.
With more innovations coming from companies, you can be sure that more homeowners and consumers are going to be investing in canister vacuums.
What is the cordless stick vacuum segment market size?
The cordless stick vacuum segment market size is 9736.9 million USD. Its growth is expected to continue at 10.39% until 2026.
There are several factors influencing the market growth of cordless stick vacuums. One of the major factors is versatility.
Many stick vacuum companies are looking to hit the multi-use niche with their stick vacuums. They make them easily convertible into a handheld vacuum.
This versatility is making consumers love stick vacuums. They're able to use the power and quality of a stick vacuum, and then switch to a handheld vacuum with a click of a button for tougher areas to clean or reach.
Another factor is the increased battery life. Since stick vacuums rely on battery power, a lot of consumers were wary of them initially.
They were only capable of cleaning for a few minutes on high-mode before they quit.
Companies have focused on providing longer-lasting batteries which have gotten more consumers interested in investing in them.
They've also been able to decrease the amount of time it takes to charge the vacuum.
Now, consumers can clean more without having to stop and recharge their stick vacuums.
As long as companies continue to improve battery life and power behind stick vacuums, they can expect the market to continue to grow.
What is the robotic vacuum segment market size?
The market size for robotic vacuum cleaners is 2.56 billion USD. It's estimated to be valued at 9.41 billion USD in 2027. Its growth is 17.7% between 2020 and 2027.
The main factor influencing its growth is a demand for convenient cleaning. Homeowners don't want to clean their homes.
Robot vacuum cleaners have proven to be effective at cleaning their homes for them.
While floor-cleaning robot vacuums continue to lead over the other types of robot vacuums, the others will likely catch up over time.
Companies are looking at more ways to make robots available to clean windows and lawns for consumers.
As the robots prove their quality and reliability, more consumers will flock to buy them.
What is the central vacuum segment market size?
The central vacuum segment market size is expected to grow by 11% from 2020 to 2025. It's expected to have a market size of 260 million USD by 2025.
COVID-19 was one of the major factors leading to the increase in central vacuum sales. As more homeowners sought an effective way to keep their homes clean, they discovered the power and efficiency of a central vacuum system.
Commercial businesses are likely going to look towards implementing more central vacuum systems to their businesses as well.
Companies that are looking to combine central vacuum systems with robotic or smart technology will find eager consumers for their products.
What is the drum vacuum segment market size?
The market share for drum vacuums is around 500 million USD. It's expected to grow by a small margin over the next few years.
One of its major influences was the COVID-19 pandemic. Due to its ability to carry large loads and have industrial-grade strength, many businesses sought to include one to regularly clean their buildings.
If companies can continue to innovate drum vacuums, then their growth will likely continue over the next few years.