Market Insights Consumer Household Appliances Small Appliances

Vacuum Cleaners - Worldwide

Worldwide

The revenue generated in the Vacuum_Cleaners segment worldwide in 2024 amounts to US$45.19bn.
It is projected to have an annual growth rate of 3.67% (CAGR 2024-2029).
When comparing this market globally, in China generates the highest revenue with US$13,180m in 2024.
In terms of per household revenue, the Vacuum_Cleaners segment generates US$22.41 in 2024.
Looking ahead, the volume of the Vacuum_Cleaners segment is expected to reach 282.6m pieces units by 2029.
In 2025, there is an anticipated volume growth of 1.2%.
On average, each household is expected to have a volume of 0.13pieces units in the Vacuum_Cleaners segment in 2024.
In the global vacuum cleaner market, the United States leads the way with a strong demand for high-tech, smart vacuum cleaners.

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.