The strengthening position of global companies across the region will drive the Asia Pacific Vacuum Cleaner Market

The Asia-Pacific vacuum cleaner market is anticipated to grow at a considerable CAGR of 5.6% during the forecast period (2020-2026). The growth of the market across the region is attributed to the growing urban population coupled with the increasing disposable income. Additionally, the adoption of vacuum cleaners as a luxury item is increasing in countries such as India, and China. Still, these countries hold immense potential for the penetration of vacuum cleaner’s in the upcoming years. Domestic companies have a significant market share in Asia Pacific. For instance, Eureka Forbes Ltd. occupies 89% of the Indian vacuum cleaner market in FY2019. Hence, the untapped potential of the market is attracting various global companies towards the Asia-Pacific. For instance, in 2019, Electrolux AB has opened a new office in Delhi, India which will aid the company is reaffirming its long-term strategic commitment to India.

Browse the full report description Asia Pacific Vacuum Cleaner Market Size, Share & Trends Analysis Report by Product Type (Handheld Vacuum, Canister Vacuum, Upright Vacuum, Stick Vacuum, and Autonomous / Robot Vacuum), By Type (Bagged and Bagless), By Technology (Wet and Dry), By Sales Channel (Online and Offline) Forecast Period 2020-2026 at https://www.omrglobal.com/industry-reports/asia-pacific-vacuum-cleaner-market

Furthermore, global companies are increasing their product offering in the regional market. For instance, in March 2018, Dyson Ltd. launched a cordless vacuum cleaner Cyclone V10 with advanced motor technology in Beijing, China. With this launch company is aiming to further strengthen its position across the region’s cleaning market. 

Market Coverage

• The market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- 

o By Product Type

o By Type

o By Technology

o By Distribution Channel

• Regions Covered-

o India

o China

o Japan

o Rest of Asia-Pacific

• Competitive Landscape- Alfred Karcher SE & Co. KG, Dyson Ltd., Electrolux AB, Eureka Forbes Ltd., Koninklijke Philips N.V, LG Electronics Inc., Panasonic Corp

Key questions addressed by the report

• What is the market growth rate?
• Which segment dominates the market in the base year?
• Which segment will project the fastest growth in the market?
• How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Asia-Pacific Vacuum Cleaner Market Report Segment

By Product Type

• Handheld Vacuum
• Canister Vacuum
• Upright Vacuum
• Stick Vacuum
• Autonomous / Robot Vacuum

By Type

• Bagged
• Bagless

By Technology

• Wet
• Dry

By Sales Channel

• Online 
• Offline 

Asia-Pacific Vacuum Cleaner Market Report Segment By Region

• India
• China
• Japan
• Rest of Asia-Pacific