The global floor care market is anticipated to grow at a significant CAGR of 10.1% during the forecast period. One of the core factors fueling the market is the growing awareness about hygiene which has become necessary in the past few years mainly cause of the COVID-19 pandemic. This has increased the demand for floor cleaning products most preferably electronic which has eased up the cleaning floor work so that it can clean up the floor after any visit of a person to save and clean the home. commercially, cleaning has become essential as well since customers preference inclined to visit more clean and safe places.

Impact of COVID-19 Pandemic on Global Floor Care Market

The COVID-19 pandemic shook the globe and spread awareness about personal, and societal cleaning. COVID-19 made people habitant of cleaning. During that time lockdown affected the floor care product owing to the restricted supply chain. As per the annual report 2020 of Nilfisk A/S, the company’s growth declined by 14.6% as compared to the growth in 2019. However, as the situation normalized, the demand for cleaning products, most preferably electronic, increased exponentially. The COVID-19 pandemic has altered many aspects of people’s lives and made them more focused on cleanliness and hygiene. Cleanliness has now business-critical for all industries, and the process of cleaning is moving from backstage to center stage. As per the annual report 2021 of Nilfisk A/S, the company’s growth increased by 43.6% as compared to the growth in 2020.

Segmental Outlook 

The global floor care market is segmented based on product and application. Based on the product, the market is segmented into scrubbers, vacuum cleaners, sweepers, and others. The other products include burnisher and broom. Based on the application, the market is sub-segmented into residential, and commercial. The above-mentioned segments can be customized as per the requirements. Based on product, the scrubber is projected to hold the major share in the market while based on application, the commercial segment is estimated to dominate the market during the forecast period. 

Global Floor Care  Market Share by Application, 2021 (%)

The Commercial Segment Estimated to Hold Prominent Share in the Global Floor Care Market

The commercial segment is anticipated to hold the major share in the market during the forecast period owing to the multiple, and regular use of floor care products. While compared with residential, floor care in commercial requires a big electronic machine and regular cleaning. All commercial business requires to attract customers, and cleanliness is necessary. Such places require regular cleaning as more people visit there, and their larger size than a home generates the need for an electronic machine to clean with more efficiency and quickly.  

Regional Outlooks

The global floor care market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America).  The market can be analyzed for a particular region or country level as per the requirement. North America is anticipated to hold the prominent share in the market while the Asia-Pacific is projected to grow at the fastest rate during the forecast period.  

Global Floor Care  Market Growth, by Region 2022-2028

The Asia-Pacific Region is Expected to Grow at the Fastest CAGR in the Global Floor Care Market

Based on region, Asia-Pacific is anticipated to grow at the fastest CAGR during the forecast period owing to the increasing establishment of industries in the region. The region has emerging countries such as China, India, Japan, and others which have a larger population as compared to other regions globally, and financially emerging countries are developing their industrial number which has increased the demand for cleaning equipment as well. Moreover, these countries are also developing their infrastructure which has increased the demand for floor care products to maintain. For instance, in January 2019, Surat Municipal Corp. (SMC) decided to deploy machines for cleaning the city which is supposed to reduce costs with better results.  

Market Players Outlook

The major companies serving the global floor care market include Alfred Kärcher SE & CO. KG, Eureka S.P.A. Unipersonale, Hako GmbH, Nilfisk A/S, Tennant Co., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in November 2020, Nilfisk and Novozymes collaborated for exploring futuristic and innovative cleaning. This innovative collaboration was supported by HelloScience. Startups and Entrepreneurs across the Nordic countries were invited to find new solutions to sustainable cleaning. The requirement and demand for disinfection and cleaning changed with the spread of COVID-19 across the globe. These times also called for new partnerships which work headed toward a common vision of finding sustainable, innovative cleaning solutions for upcoming years.

The Report Covers

• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global floor care market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.