PROSPECTS AND OPPORTUNITIES
Decline of cylinder and stick models to constrain category performance
The vacuum cleaners category is not expected to generate wide-ranging demand in the forecast period and its volume sales are expected to stagnate. Consumers’ strong interest in convenience and highly innovative products that can save their time and energy during household tasks will continue to support sales.
Further expansion of robotic vacuum cleaners expected
Robotic vacuum cleaners is set for moderate single-digit volume growth until 2029. These products are considered to be the most convenient amongst vacuum cleaners, which is a key selling point.
Limited potential for the development of steam vacuum cleaners
The steam vacuum cleaners subcategory is not expected to see a significant increase in popularity during the forecast period, although a slight increase in volume sales is expected. These high performance products will only be used for occasional deep vacuuming during major whole household cleaning a few times a year.
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Overview:
Understand the latest market trends and future growth opportunities for the Vacuum Cleaners industry in Hungary 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 Hungary, 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 Hungary 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 Hungary?
- Which are the leading brands in Hungary?
- How are products distributed in Hungary?
- 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 Hungary - Category analysis
KEY DATA FINDINGS
Declining demand for cylinder vacuum cleaners
Strong demand for convenience
Robotic vacuum cleaners returns to growth
Decline of cylinder and stick models to constrain category performance
Further expansion of robotic vacuum cleaners expected
Limited potential for the development of steam vacuum cleaners
Consumer Appliances in Hungary - 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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