The dry vacuum cleaner market is anticipated to record a CAGR of 4.3% during the forecast period, up from US$ 2.35 Bn in 2021 to reach a valuation of US$ 3.8 Bn by 2032.
Report Attributes
Details
Dry Vacuum Cleaner Market Estimated Base Year Value (2021)
2.35 Bn
Dry Vacuum Cleaner Market Value in 2022
2.5 Bn
Dry Vaccum Cleaner Market CAGR 2022-2032
4.3%
Vaccum Cleaner Market Anticipated Market Value (2032)
3.8 Bn
With the growth of awareness for the various health benefits of vacuum cleaners, the sale of dry vacuum cleaners surged during the last decade and earlier.
The ever-growing dry vacuum cleaner market share in the total revenue generated by different types of vacuum cleaners is evidence of its rising popularity across the globe. This portable and mechanical device is expected to grow in demand with the ever-increasing pollution levels and the diseases associated with it.
The dry vacuum cleaner market is anticipated to show promising growth prospects during the forecast period. The sale of dry vacuum cleaners is increasing day by day owing to their easier and quick working abilities in all kinds of environments.
The growing population levels in urbanization cities has also benefitted the dry vacuum cleaner market as more and more people are using such type of products to save the limited available time in their busy scheduled life. So with the growth of industrial cities, the dry cleaning market share is expected to go up in the coming years.
Some of the key dry vacuum cleaner market trends promoting the demand for dry vacuum cleaners include growing awareness about the benefits of the dry vacuum cleaner over the traditional wet cleaning methods.
The rise in demand for dry vacuum cleaners for confined and hazardous places will likely drive the demand for dry vacuum cleaner during the forecast period of 2022 to 2032.
However, the high cost of this machine would restraint the demand for the dry vacuum cleaner market. As small and medium industries do not prefer to adopt dry vacuum cleaners.
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What are the Trending Opportunities for the Dry vacuum Cleaner Market in the Coming Years?
The trending opportunity for various dry vacuum cleaner companies is the growing focus towards manufacturing innovative products that are economical and account for compact size provided with artificial intelligence.
The products are presented in the market in varying sizes, suitable for commercial as well as applications. Companies like L.G. Corporation, USA has invented dry vacuum cleaner. The supersized robot dry vacuum will be used on the airports that are equipped with a high ? canister, multiple brushes and motors.
Also, the rise in hazardous impacts of the artificially prepared goods and chemicals on the natural environment has increased the demand for dry vacuum cleaners in industrial as well as household units.
Moreover, many U.S. based companies are expected to close high-cost production facilities in order to move to low-cost regions of Latin America. Gradual growth is observed for tooling capacity in countries like Mexico, which led to an increase in the supply of tooling for foreign production facilities by local suppliers of Latin America.
Globally, the market is experiencing the acquisition of smaller firms by big companies. Moreover, in agreement with grades of dust classes, the companies are manufacturing products for the suction of toxic and fine specks of dust.
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Which is the Leading Region in the Dry Vacuum Cleaner Market?
North America accounted for a significantly large share in terms of both market value and volume of the total sale of dry vacuum cleaners, making it the largest market. The Eastern Europe region also accounts for the second-largest dry vacuum cleaner market, following North America.
However, as per the market analysis report, the Asia Pacific region is predicted to be the fastest-growing region for the dry vacuum cleaner market. And the Middle East and Africa (MEA) region market experiences very low sales of dry vacuum cleaners than any other part of the world.
Growing demand from household units and construction industries in South East Asia Pacific (SEAP) and MEA countries will be a major factor to fuel growth in these two regions over the forecast period.
Who are the Key Players in the Dry Vacuum Cleaners Market?
Some of the key players in the global dry vacuum cleaning market includes NIIfisk Industrial Vaccum Solutions, Tiger-vac Solutions, Depureco Industrial Vacuums, Delfin Industrial Vacuums, ESTA Apparetebau, Goodway, MAZZONI, WORKSHOP, Festool, Flmap, Blemmedue, Emaritalla, Metabowerke, Ridge Tool, Phillips, PHISINIC, Hoover, and KARDV.
Major Developments in the Dry Vacuum Cleaner Market
Many global companies operating in the dry vacuum cleaner market are setting up their manufacturing plants in China, Singapore, Malaysia, Thailand, etc. To reduce the raw material and labour costs.
This shift in production units is likely to boost the sales of dry vacuum cleaners by bringing down the manufacturing cost.
Recently Nilfisk acquired the business of Hydro Tek and Pressure Pro (a U.S. based company) to strengthen its consumer base in the market of other countries.
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Scope Of Report
Report Attribute
Details
Growth Rate
CAGR of 4.3% from 2022 to 2032
Base Year of Estimation
2021
Historical Data
2014-2020
Forecast Period
2022-2032
Quantitative Units
Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032
Report Coverage
Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Segments Covered
Product
System Type
Application
Region
Regions Covered
North America
Latin America
Western Europe
Eastern Europe
APEJ
Japan
Middle East and Africa
Key Countries Profiled
U.S.
Canada
Brazil
Argentina
Germany
UK
France
Spain
Italy
Nordics
BENELUX
Australia & New Zealand
China
India
ASEAN
GCC
South Africa
Key Companies Profiled
Eriez
Carrier Vibrating Equipment, Inc.
General Kinematics
Fortville Feeders, Inc.
Vibrating Flight Systems Inc.
Home City Automation, Inc.
Vibrating Equipment, Inc.
Customization scope
Available Upon Request
Pricing and Purchase Option
Avail Customized purchase options to meet your exact research needs.
Frequently Asked Questions
What is the Growth Outlook for the Dry Vacuum Cleaner Market?
The dry vacuum cleaner market is likely to register a CAGR of 4.3% during the forecast period.
Who are the Prominent Players in the Dry Vacuum Market that will Drive the Global Market During the Forecast Years?
