(Health-NewsWire.Net, July 08, 2018 ) The global Cordless Vacuum Cleaner market is valued at 2010 million US$ in 2017 and will reach 5040 million US$ by the end of 2025, growing at a CAGR of 12.2% during 2018-2025.
Based on end-use market, residential segment dominated the market during 2017, with a market share of over 88.13%, with the rise in disposable income and rising health awareness, improved standards of living. Growing sales is also seen in commercial use sector, such as offices, hotels, restaurants and etc.
In terms of percentage share contribution by product category, the hybrid cordless vacuum cleaner segment is expected to account for 80.56% by 2023, emerging as the leading segment by value. The growing market for cordless vacuum cleaners has also attracted new entrants with customized products and improved features. Existing vendors are also striving to expand their product portfolio, to have a better reach of the market.
Currently, the cordless vacuum cleaner consumption market is mainly concentrated in Europe and North America. China is major production base for cordless vacuum cleaner products, well-known foreign brands have set up joint ventures in China or looking for OEM and ODM partners. In 2017, North America totally occupied global 41.94% market consumption share, with about 5866.1 K Units sold, which is forecast to reach 9483.8 K Units in 2023, with a growth rate of 11.38%.
Access this report at: https://www.themarketreports.com/report/global-cordless-vacuum-cleaner-market-research-report-2018
Companies profiled in this report are Bissell, Stanley Black & Decker, TTI, Dyson, GlenDimplex, Bosch, Philips, Electrolux, Gtech, SharkNinja, Puppyoo and more.
Analysis by Product Types, with production, revenue, price, market share and growth rate of each type, can be divided into
• Cordless Stick
• Cordless Handheld
• Hybrid Options
Analysis by Applications, this report focuses on consumption, market share and growth rate of Cordless Vacuum Cleaner in each application, can be divided into
Purchase this premium research report at: https://www.themarketreports.com/report/buy-now/1074744
Table of Contents:
1 Cordless Vacuum Cleaner Market Overview
2 Global Cordless Vacuum Cleaner Market Competition by Manufacturers
3 Global Cordless Vacuum Cleaner Capacity, Production, Revenue (Value) by Regions (2013-2018)
4 Global Cordless Vacuum Cleaner Supply (Production), Consumption, Export, Import by Regions (2013-2018)
5 Global Cordless Vacuum Cleaner Production, Revenue (Value), Price Trend by Types
6 Global Cordless Vacuum Cleaner Market Analysis by Applications
7 Global Cordless Vacuum Cleaner Manufacturers Profiles/Analysis
8 Cordless Vacuum Cleaner Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
11 Market Effect Factors Analysis
12 Global Cordless Vacuum Cleaner Market Forecast (2018-2025)
13 Research Findings and Conclusion
Inquire more about this report at: https://www.themarketreports.com/report/ask-your-query/1074744
The Market Reports
We aim to provide the best industry and market research report to a seeker. Today, ‘The Market Reports’ is a one stop destination for all the report buyers. We have a collection of over 700,000+ research, company, market, SWOT, trends and analysis reports of various countries, categories and domain to meet an organization need.
Write us at email@example.com
The Market Reports