Handheld Vacuum Cleaner Market Competition by Manufacturers (2023)

FAQs

What is the market demand for vacuum cleaner? ›

The global vacuum cleaner market was valued at USD 12.8 billion in 2022 and growing at a CAGR of 9.70% from 2023 to 2032. The market is expected to reach USD 32.23 billion by 2032.

Report Overview. The global vacuum cleaner market was valued at USD 12,501.0 million in 2022 and is expected to expand at a CAGR of 9.9% from 2023 to 2030.

Revenue in the Vacuum Cleaners segment amounts to US$5.80bn in 2023. The market is expected to grow annually by 4.22% (CAGR 2023-2028). In global comparison, most revenue is generated in China (US$12,880.00m in 2023).

Wherein, Dyson is holding a dominant market position with more than 20% market share. In fact, the company is holding over 50% share of UK vacuum cleaner market. In 2021, it sold over 12 million units in the UK alone. The company's products are used by millions of people globally.

The most common problems found in vacuum cleaners are low suction force, excessive noise, burning smell, vacuum not turn on, and overheating. These issues can be fixed by either cleaning the device or replacing some parts of the device. At times, it is best to seek a professional to fix the cleaner effectively.

Did you know that… Koreans are the most frequent vacuum cleaning people in the world. 11% of Koreans vacuum several times per day (global average 3%) and another 29% vacuum once a day (global average 13%).

The market size, measured by revenue, of the Janitorial Services industry is $90.1bn in 2023. What is the growth rate of the Janitorial Services industry in the US in 2023?

The North America cleaning services market dominated the global market in 2021. The region is currently experiencing rapid urbanization and industrialization, leading to a significant increase in demand for cleaning services, particularly in the commercial and industrial sectors.

The global household cleaning products market size was USD 235.76 billion in 2021 and is projected to grow from USD 247.94 billion in 2022 to USD 334.16 billion in 2029 at a CAGR of 4.4% during the 2022-2029 period.

The Hoover company was founded and dominated the market for large part of the 20th century. Indeed, 'hoovering' became synonymous with vacuum cleaning.

What is the largest company in the robotic vacuum cleaner market? ›

Considering there are approximately 28 million vacuums sold in the U.S. each year, the national energy savings opportunity would be on the order of 67,000-135,000 MWh per year if 25% of products sold were replaced with energy efficient models.

Dyson's competitors

Electrolux is a manufacturer and distributor of home appliances. The Bosch Group is a global supplier of technology and services that operates in four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology.

Dyson uses its IP to create the best product within each category it competes. Its vacuums, for instance, include technologies that have never been incorporated into its competitors' products. Dyson sells its home appliances at a premium price point.

dyson.com Audience Demographics

dyson.com's audience is 53.81% male and 46.19% female.

On average, According to Consumer Reports, vacuum cleaners last a median of eight years. But the lifespan varies wildly by not only brand but your own personal use.

The key ratings are airflow (the most important of all) and sealed suction (listed on some vacuum cleaner specifications as “water lift”). On canister vacuum cleaners (with or without power heads) airflow of 100 CFM or more (or water lift of 90 inches or more) is recommended.

The best vacuum cleaner we've tested is the Dyson V15 Detect. This high-end stick vacuum is remarkably potent, delivering similar debris pickup performance to many corded models.

The gross margins for your sell vacuum cleaners are typically around 40%, which is considerably high and allows you to grow your business and manage costs easily. The average time it takes to build your product is quick - typically around 7 months. This will allow you to bring your product to market faster.

Who buys cleaning products the most? ›

Regional Outlook: Asia-Pacific has the biggest share of the world market because it has the most people and their incomes are going up. In 2021, the value of the Asia-Pacific market was USD 82.98 billion. Cleaning supplies are in high demand because there are a lot of people living in the area.

Cleaning service industry growth is consistent, and services are always in demand. Residential cleaning industry trends show 20% growth year over year, with 80% of households being expected to use house cleaning services by 2024. The commercial cleaning industry is expected to hit more than $468B in revenue by 2027.

Proctor & Gamble is the world's largest producer of cleaning products. The company earned over $80 billion in revenue in 2022 and employes more than 100,000 people. P&G's cleaning product brands include Febreze, Dawn, Cascade, Swiffer, Downy, Tide, Mr. Clean, Gain, and Bounty.

The largest janitorial company in the US is ABM Industries, with a revenue of $6.23 billion and 140,000 employees. As of 2022, the US janitorial service industry has a market size of $97.6 billion.

68% of new businesses are likely to survive the first two years. However, this rate does drop to below 50% within the first five years, so it'll take effort and determination to succeed. The cleaning industry is growing 20% year over year, according to current cleaning industry trends.

Jani-King is one of the largest commercial cleaning companies out there. The company operates 120 support offices in 10 countries and maintains a global network of 9,000 franchisees.

The market size of the Residential Cleaning Service Franchises industry is expected to increase 3.2% in 2023.

The global natural household cleaners market size was valued at USD 5.05 billion in 2021, and it is anticipated to reach USD 13.21 billion by 2030 at a CAGR of 11.28%.

In 2021, the average expenditure on laundry and cleaning supplies in the United States amounted to 178.45 U.S. dollars per consumer unit.

Bissell of Grand Rapids, Michigan in 1876, who also manufactured carpet sweepers. The company later added portable vacuum cleaners to its line of cleaning tools.

What vacuum company is Amazon buying? ›

Amazon is acquiring iRobot for $61 a share in an all-cash deal that values the Roomba maker at $1.7 billion, the companies announced Friday. The deal will deepen Amazon's presence in consumer robotics.

The most expensive vacuum cleaner is the HYLA GST Swarovski Edition and is priced at $21,900 (£13,798.88, €17,173.32. It is manufactured by Hartmut Gassmann (Germany) and HYLA U.S. Gassmann Inc. (USA). The vacuum cleaners have been available for purchase since 14 August 2012.

iRobot competitors include LG, Wayfair, Bose, Dyson and Boston Dynamics. iRobot ranks 5th in CEO Score on Comparably vs its competitors. See below how iRobot compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.

Best Roomba Vacuum Alternatives 2023: RoboVac, Ecovacs, YEEDI, Neato – Rolling Stone.

Hoover 800

An early model of Hoover. own production station in the corner of the leather goods factory. The Hoover 800 experienced the height of its popularity between the 1950s and 1960s. The brand has become a generic term for vacuum cleaners around the world.

Shark vs Dyson capacity

Both Shark and Dyson cordless vacuums have very similar capacities. However, if you want a very light one with a small capacity then Dyson is the best option. As for corded vacuums, Dyson offers a much larger option at 1.8L compared to Shark's larger capacity vacuum at just 1.3L.

Dyson competitors include Google, Microsoft, Dematic, Electrolux and iRobot. Dyson ranks 4th in Customer Net Promoter Score on Comparably vs its competitors.

Weaknesses of Dyson

High price- When compared to its competitors, Dyson's products are a little more expensive. This could be a major flaw for the company, as they may lose customers as a result. Lawsuits and Controversies- Amway, Qualtex, Vax, Samsung, and Excel Dryer had filed a lawsuit against Dyson.

Whilst other vacuum cleaners claim to be powerful, after only a few rooms they start to loose their suction. Dyson's patented technology delivers a constant suction, so room after room it never loses suction.

What vacuum cleaner compares to a Dyson? ›

Shark Rocket Ultra-Light Corded Stick Vacuum

In case you missed it, Shark is a popular Dyson alternative for stick vacuums.

We reinvented motors to make them smaller, lighter and more power dense. Our Dyson Hyperdymium motors spin at 125,000 RPM – on average 5 times faster than a jet engine. A motor this powerful means that our vacuums have more powerful suction.

Sir James Dyson has cut through the noise to pioneer his incredible inventions, revolutionising cordless vacuum cleaning and sustainable products. A key factor of James' fame is his innovation, which led to cutting-edge products loved by consumers across the globe.

Dyson's marketing mix plan will be a combination of word-of-mouth communication and digital marketing techniques. The latter approach is premised on the need to identify customers who have a liking for innovative products.

Dyson vacuums are made of the same material as crash helmets, making them a durable and resilient vacuum built to handle heavy usage. Furthermore, the quality of a Dyson means that you won't need to repair or replace your vacuum cleaner as often as you would with other brands.

The global robotic vacuum cleaner market size was USD 9.77 billion in 2020 and is projected to grow from USD 11.97 billion in 2021 to USD 50.65 billion in 2028 at a CAGR of 27.2% in the 2021-2028 period.

The term refers to an analogy whereby consumer demand for a product or service creates a "vacuum" at the end of the supply chain which "pulls" the product through the chain by causing the suppliers to provide more product.

In recent years, the average lifespan of a vacuum cleaner has been estimated at 8 years, although it does vary by manufacturer. There are many reasons why your vacuum cleaner might break. Whether it's down to the motor getting jammed, the filters breaking, or just too much use, eventually you'll have to say goodbye.

A decent manufacturing net profit margin is typically around 5-10%. This means that the company should expect to earn five to ten cents in profit for every dollar of sales. Manufacturing businesses that have higher profit margins may be more efficient or may be able to charge higher prices for their products.

For example, a 40% profit margin means you have a net income of $0.40 for each dollar of sales. Tracking your profit margin can help you monitor your company's health and make better business decisions in the future. Not to mention, it can help you flag and resolve financial issues more quickly.

What is a typical manufacturing net profit margin? ›

Average Net Profit Margin for a Manufacturing Business

The average net profit margin for a manufacturing company was 8%.

Global Robotic Vacuum Cleaners key players include iRobot, Ecovacs, Proscenic, Matsutek, etc. Global top four manufacturers hold a share over 50%. North America is the largest market, with a share about 30%, followed by China and Europe, both have a share over 45 percent.

To attain a state of vacuum, a space must be empty, i.e. devoid of all gaseous material. The consequence of this is that the pressure in this space is very low, as it contains no or only a small number of particles, which exert a force on an area as a result of their impact against the walls.

If they say they never use annuities or life or long-term care insurance policies to solve issues, then they are planning in a vacuum. If they only use a certain financial vehicle to solve issues, they are planning in a vacuum.