Market Insights Consumer Household Appliances Small Appliances

Vacuum Cleaners - North Macedonia

North Macedonia

The revenue generated in the Vacuum_Cleaners segment in 2024 in North Macedonia amounts to US$13.50m.
It is projected that the market will experience an annual growth rate of 2.75% (CAGR 2024-2029).
When compared globally, in China generates the highest revenue in this segment, reaching US$13,180m in 2024.
In terms of per household revenue in North Macedonia, each household is expected to generate US$24.03 in 2024.
Looking ahead, the volume in the Vacuum_Cleaners segment is projected to reach 72.4k pieces by 2029.
Additionally, there is an anticipated volume growth of 0.3% in 2025.
The average volume per household in the Vacuum_Cleaners segment in North Macedonia is expected to be 0.13pieces in 2024.
These figures highlight the importance of the Vacuum_Cleaners market segment in North Macedonia, demonstrating its revenue potential and projected growth in volume.
Despite economic challenges, the demand for high-quality vacuum cleaners in North Macedonia continues to rise, driven by increasing awareness of hygiene and cleanliness among consumers.

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

Market

Region

Region comparison

Currency

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.