Market Insights Consumer Household Appliances Small Appliances

Vacuum Cleaners - Thailand

Thailand

The Vacuum_Cleaners segment in Thailand is projected to generate a revenue of US$0.42bn in 2024.
This market is expected to experience an annual growth rate of 3.13% (CAGR 2024-2029).
When compared globally, the majority of revenue, amounting to US$13,180m in 2024, is generated in China.
In terms of per household revenues, the Vacuum_Cleaners segment in Thailand is predicted to generate US$25.28 in 2024.
Looking ahead to 2029, the volume in the Vacuum_Cleaners segment is estimated to reach 2.3m pieces.
Furthermore, this segment is projected to have a volume growth rate of 1.0% in 2025.
When considering the average volume per household in the Vacuum_Cleaners segment, it is expected to amount to 0.13pieces in 2024.
Despite the growing popularity of robot vacuum cleaners in many countries, traditional upright vacuum cleaners remain the top choice for Thai consumers.

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.