Market Insights Consumer Household Appliances Small Appliances

Vacuum Cleaners - G7

In 2024, the revenue in the Vacuum_Cleaners segment reaches a substantial amount of US$11.75bn.
This market is projected to experience an annual growth rate of 3.70% (CAGR 2024-2029).
When compared to other countries, in China emerges as the top revenue generator, with a staggering US$13,180m in 2024.
Looking at the per household revenues in 2024, it is estimated that each household contributes approximately US$36.08 to the Vacuum_Cleaners segment.
As for the volume, it is expected to reach 76.3m pieces units by 2029.
Furthermore, the segment is anticipated to exhibit a volume growth of 1.1% units in 2025.
Lastly, the average volume per household in the Vacuum_Cleaners segment is projected to be 0.22pieces units in 2024.
In the United States, the trend in the vacuum cleaner market is towards lightweight and cordless models for convenience and ease of use.

Key regions: Indonesia, Canada, Europe, Worldwide, Japan

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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Consumer Insights Global Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Survey data is reweighted for representativeness.