PROSPECTS AND OPPORTUNITIES
Steady growth in vacuum cleaners, with increased penetration expected
Retail volume sales of vacuum cleaners are expected to see solid growth throughout the forecast period in China, driven by the strong performance of robotic vacuum cleaners, and especially upright vacuum cleaners (mainly wet & dry format), which is set to see a strong increase in household penetration. In terms of unit prices, both upright vacuum cleaners and robotic vacuum cleaners are likely to experience a strong downward trend, due to the increasing maturity of product technology, price wars between manufacturers, as well as shifts in consumers’ attitudes, placing a greater emphasis on cost-effectiveness.
The popularity of pets may provide new opportunities for vacuum cleaners
With the rapid development of the pet industry in China, the number of pet-owning families continues to rise. Thus, demand to clean up after pets is likely to bring opportunities to manufacturers of vacuum cleaners.
Rising number of multifunctional products expected, but cleaning efficacy should be the priority
The comprehensive and complex nature of Chinese consumers’ cleaning needs has fuelled a focus on multifunctional and whole-home cleaning products. Manufacturers therefore continue to refine and innovate in terms of functionality to make their brands more competitive.
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Overview:
Understand the latest market trends and future growth opportunities for the Vacuum Cleaners industry in China with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Vacuum Cleaners industry in China, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Vacuum Cleaners in China report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Vacuum Cleaners in China?
- Which are the leading brands in China?
- How are products distributed in China?
- To what extent has COVID-19 and accordant macroeconomic and retail disruption impacted demand?
- How are considerations such as urban development and the rise in single-person households determining sales growth?
- Where is future growth expected to be most dynamic?
Vacuum Cleaners in China - Category analysis
KEY DATA FINDINGS
Upright and robotic vacuum cleaners set to perform well in 2024
Continuous innovation in vacuum cleaners
Ecovacs continues to lead robotic vacuum cleaners, but its share is expected to decline in 2024
Steady growth in vacuum cleaners, with increased penetration expected
The popularity of pets may provide new opportunities for vacuum cleaners
Rising number of multifunctional products expected, but cleaning efficacy should be the priority
Consumer Appliances in China - Industry Overview
Consumer appliances in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for consumer appliances?
DISCLAIMER
The following categories and subcategories are included:
Vacuum Cleaners
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- Cylinder Vacuum Cleaners
- Handheld Vacuum Cleaners
- Stick Vacuum Cleaners
- Upright Vacuum Cleaners
- Steam Vacuum Cleaners
- Robotic Vacuum Cleaners
Vacuum Cleaners
A vacuum cleaner is a mechanical device using air suction to remove dust, loose dirt, pet hair etc from household floors and surfaces. Vacuum cleaners include upright, cylinder, wet and dry, handheld, stick and other vacuums.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Vacuum Cleaners research and analysis database.
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